Here is a closer look at the BTC/USD 1 day chart:
At the moment of typing this BTC/USD is ranging sideways within the range of around $31,479 and around $29,627 as highlighted by the Horizontal Dotted White Lines with Yellow Shading.
BTC/USD is in a Ichimoku Y-Wave Pattern otherwise known as a Broadening Wedge Pattern or a Megaphone Pattern on this 1 day...
Just updating that 30m chart, in which price action (micro triangle break) seems to be igniting the terminal leg downward v of the impulse wave 3 inner a right-angled structure, likely an expanding ending diagonal. Plus hidden divergence on Chaikin Money Flow.
The price is in the B wedge in time frame one hour. The price can fall to the bottom of the
B wedge and then slowly move up to the Top of the B wedge.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Well, well, well, we've identified the tumultuous and monotonous pattern on the chart finally.
It's known as a Broadening Triangle or what I call a Vuvuzela Formation.
The price diverges instead of converges in a triangle pattern...
Now this can be a continuation or a reversal pattern. It all depends on the breakout.
Looking at the D&S and liquidity it...
This is another case of hidden value by a downgrade.
Nothing we do today could be possible without this company; communication is the foundation of everything nowadays.
But technically we have a broadening falling wedge, the resistance is just 32% from this price.
Maybe the key day will be the earnings call, but the opportunity is there!
GL!
✅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...
➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern and Pullback is complete it. means price can rice to top of channel.
🌟 Bullish signals in the PRZ area are:
- Dynamic Support
-Broadening Wedge
⭐ Note if the Dynamic Support is broken downwards with the strength of Bearish candles from the bottom , this...
BNBUSDT up-to-date.
222 USDT is on the table for this asset. CZ coin is about to drop to fil the most profitable leg downward to draw this beautiful pattern on an increase of confidence by the bear side, aiming the great demand for the bottom zone.
Chart is speaking it self!!!
🌟The Bitcoin is in a Bullish phase by ⤵️⤵️
➡️the BTCUSD has finished It's first five waves of Elliot wave principle movement (12345 Impulse wave) and also (ABC) wave. The possibility of starting a impulse 5th waves!!!
➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern!
➡️the...
BNBUSDT is about to fill the corrective a-b-c retrace. After the last target reached, I'm updating this chart with potential targets based on demand zone for the next short position. An impulse wave downward can be expected. Fisher Transform oscillator on 4h-time-frame was added to speculate a price-time correlation.
PERLUSDT is igniting an impulse wave in reaction as the price bounce inner a broadening structure, in a micro triangle breakout. Fisher Transform bullish crossing is suggesting the direction in time correlation. Aiming 5% upward wave-iii.
After two falling broadening wedges, Mc Donalds is ready to break the highest price, is consolidating in this area, with potential upside of 8% in the near time.
Bitcoin Daily Chart #TA
As per daily basis chart analysis, BTC still moving into Ascending Broadening Wedge Pattern and it is always works on #Bearish Pattern, Mean's soon Bitcoin will be under Lower-Low #BearishZone.
And, as per #FIBretracement, it also displays that its Higher-High mark is completed but its Lower-Low still remains.
Always #DYOR before investing.
APTV is currently looking for a support line which it is very close to!
The support line is highlighted in solid green
I have also drawn a few patterns two falling wedges and one falling broadening wedge, or falling megaphone
Bullish once price starts to bounce off the trend line.
hello guys...
btc formed a broadening formation.
what do you think?
it is going to break up or it wanna retrace to two green areas?!
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As you can see in the chart, this is a very simple idea, this is a broadening pattern breakout that signals the continuation of the uptrend.
Then, we have the 30k level that is a major resistance where a lot of people is going to open short positions which can result in big liquidations that will push the price higher.
To that we have to add that new money keeps...
Here's a quick look at the 12 hr. BTC chart. As observed, the price has yet to break out of the broadening wedge pattern. The oscillation of lower lows and higher highs has resulted in losses for both the bulls and bears. If the price remains within the broadening wedge, a probable move to the downside may occur, though there is always uncertainty. Additionally,...
