BTC probably drops to these area before long Looking at testing the 786 fib> tons of buying in this area.
This is how I see BTC reaching 20000 by March 2021. First will probably be a long squeeze break of the channel to the downside to support around 5500 right at the 786 level. The bounce will probably be explosive. :)
xrpusdt next targets if support breaks
trxusdt next targets if support breaks
ada usdt next targets if support breaks
KRAKEN:XBTUSD support at previous fib ext and pitchfork confluence. Tight stop just in case this dump is being pulled on fud
If BTC closes above the .5 Fib - the next target 10500 area - if not, maybe ranging for some time POLONIEX:BTCUSDT
BTCUSDT H S possibility on the works
Btc Usdt looking at the possible H & S forming for a bounce in confluence with key Fib, support and trendline support based on Pitchforks.
Based on the TA I see it going down to arrow area .
Entry points I see 1st at 7800 if stops at 7k if price drops down from 7k next buy area 5200 and 4500 stops at 3950. See partial targets on chart. That's my dooms day scenario in the meantime I m short unless something changes. Also 8750 could be a bounce point since price closed on daily with a pin bar above the 200 ma. ( ding)
Just my point of view to replay later. This is not an expert advice. If resistance dump area breaks down buy at those 3 buy areas Although if price breaks the 50% fib at 10k wait for the retest at the 50% to buy
ETHUSD Head and Shoulder, bearish outlook
We can bounce at 11100 and probably bounce up to 11925 or 12174 Res. Now If 11100 breaks we will go down to test the 50% fib for sure at 10000 and the panic could push it down breaking those blocks to 8000 . Let me know your thoughts on this please love to here your opinion www.tradingview.com
Possible head and shoulder forming, If the right shoulder doesn't hold it will probably drop to 5300 area. I hope not but If you see the volume is very low on those pushes up.
This is a Bullish Butterfly Pattern my entry point is the 1900 and 1700. it can possibly drop more to 1360 depending on what happens after Aug 1st.