BTC Analysis, Chart is speaking itself !!!
✅LONGTERAM Road map of Bitcoin🍻
🌟The Bitcoin is in a Bullish phase by ⤵️⤵️
➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern!
➡️the BTCUSD has finished It's first five waves of Elliot wave principle movement (12345 Impulse wave) . The possibility of starting a impulse 5th waves!!!
➡️the price now is making a pullback to the bottom of the descending triangle (which is shown in the picture) if the price breaks that important level we shall see a lot of increase in the price!
➡️A inverse head and shoulders pattern means a great bullish trend on the horizon (AB=CD).
➡️also Broadening Wedge it is another bullish sign.
🌟 Bullish signals are:
-Head&Shoulder.
-Broadening Wedge.
- falling Wegde.
-This is Longterm Analysis!!!
-5th waves
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Head_and_shoulder
Sell USDCAD Head & Shoulder PatternUSD/CAD H1 Chart - Potential Short Entry Based on Head and Shoulders Pattern
The USD/CAD H1 chart might be presenting a shorting opportunity based on a possible Head and Shoulders pattern.
Pattern: Head and Shoulders (Bearish Reversal)
Description:
This pattern consists of three peaks: a left shoulder, a higher middle peak (head), and a right shoulder that is lower than the head.
A neckline is drawn connecting the swing lows before the left shoulder and the right shoulder.
If the price dips below the neckline (support level), it could signal a potential sell entry.
Profit Targets: Potential profit targets can be based on the height of the head (measured from the head to the neckline) projected downwards from the breakdown point. Technical indicators can also be used for profit targets.
Thank you.
USDCHF - BEARISH SCENARIO 📉Hello Traders !
On Tuesday 2 April, The USDCHF Reached The Resistance Level (0.90848 - 0.91126).
The Price Formed a Head and Shoulders Pattern.
So, Let's Expect The Bearish Scenario:
If The Market Breaks The Neckline (0.89999 - 0.90161) and Closes Below That,
We Will See a Bearish Move📉
TARGET: 0.88980🎯
LINK/BTC - Head and ShouldersHead and shoulders could be forming on LINK/BTC 5day. Measured move on this would put it up near all time highs likely beginning of next year.
Link could be a solid hold from here to the beginning of next year. May drop a bit more against BTC, but I think that would be an opportunity. Link may out pace Bitcoin to the upside during this next bull run.
ADA --Is the Head and Shoulders Pattern Activating?ADA ( CARDANO) Potential for a 20% Drop !
We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price.
Key Factors to Consider:
Confirmation of Pattern: The pattern should be confirmed with a break below the neckline and increased volume.
Target Price: The target price for the pattern is calculated by measuring the distance from the head to the neckline and projecting that distance below the neckline.
Risk Management: It is important to use proper risk management techniques when trading this pattern, such as stop-loss orders.
Please note that this is not financial advice and you should always do your own research before making any trading decisions.
🚧AVAXUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:AVAXUSDT
AVAX has created an Inverse head and shoulder pattern which means a great bullish trend is on the Horizon. If the price follows this pattern's expected movement, we shall see it reach 47$ pretty soon or at least in short term duration. The expected movement is as much as the measured price movement ( AB=CD ) . We might even see a correction one more time before ascending further. keep in mind that the next big resistance for AVAX will be around 47$.
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⚠️ Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!