Bitcoin Analyze (🎁Patterns🎁)!!!
Diupdate
hi everyone👋, first I have to say sorry for my busy chart 🙏, Maybe I have to reward someone who can find the number of my chart patterns 😀🏆.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!''.
Patterns: Still, Bitcoin wants to make Triangles and Channels on our Descending Triangles. if you look at my chart carefully, you can see a Rising wedge that price broke the lower line of it and then price made pullback to the lower line of our wedge== This pullback made another triangle == Symmetrical Triangle.
The price was able to break our Symmetrical Triangle too and now we are watching another pullback to the lowe line of the Symmetrical Triangle. Probably the second pullback CAN continue until The Upper line of Descending Triangle + the lowe line of the Symmetrical Triangle + TRZ2 (Even TRZ1). This pullback made Bullish AB=CD Harmonic Pattern.
Live: Bitcoin is running on Descending Channel + Mastercandle (Candlesticks analysis) +the middle line of the lower Ascending channel 2+ Price is at TRZ1. price will make Bullish Gartley Pattern ==Near the lower line of Descending Channel +TRZ2 // OR // Near the lower line of Ascending Channel 2 +Point D (purple// Point D of Descending Triangle).
Triangles' Target:
Symmetrical Triangle's Target == Around 29340$
Rising Wedge's Target == Around 27560$
Pay attention to our Heavy support (316200$ until 30000$ (Support + Cluster of Fibs+ the lower lines of Descending Triangles).
RSI Analyze: RSI is running at Descending Channel, also I found Head and Shoulder Pattern on the upper line of our channel, if RSI breaks the necking line, probably RSI will close to our Support Zone.👉
Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post carefully ( I ❤️LOVE❤️ THIS POST(for Jun 9)😀)👉
My Suggestion: Again sorry for the busy chart, I hope that my chart is useful //please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point (35060$), then we can think about opening Long positions for the Short-term// please follow my lines.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!''.
Patterns: Still, Bitcoin wants to make Triangles and Channels on our Descending Triangles. if you look at my chart carefully, you can see a Rising wedge that price broke the lower line of it and then price made pullback to the lower line of our wedge== This pullback made another triangle == Symmetrical Triangle.
The price was able to break our Symmetrical Triangle too and now we are watching another pullback to the lowe line of the Symmetrical Triangle. Probably the second pullback CAN continue until The Upper line of Descending Triangle + the lowe line of the Symmetrical Triangle + TRZ2 (Even TRZ1). This pullback made Bullish AB=CD Harmonic Pattern.
Live: Bitcoin is running on Descending Channel + Mastercandle (Candlesticks analysis) +the middle line of the lower Ascending channel 2+ Price is at TRZ1. price will make Bullish Gartley Pattern ==Near the lower line of Descending Channel +TRZ2 // OR // Near the lower line of Ascending Channel 2 +Point D (purple// Point D of Descending Triangle).
Triangles' Target:
Symmetrical Triangle's Target == Around 29340$
Rising Wedge's Target == Around 27560$
Pay attention to our Heavy support (316200$ until 30000$ (Support + Cluster of Fibs+ the lower lines of Descending Triangles).
RSI Analyze: RSI is running at Descending Channel, also I found Head and Shoulder Pattern on the upper line of our channel, if RSI breaks the necking line, probably RSI will close to our Support Zone.👉
Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post carefully ( I ❤️LOVE❤️ THIS POST(for Jun 9)😀)👉
My Suggestion: Again sorry for the busy chart, I hope that my chart is useful //please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point (35060$), then we can think about opening Long positions for the Short-term// please follow my lines.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
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