4h
BTCUSD - There's only one direction for Bitcoin - 4H
Which do you think?
Just kidding.
That direction is down, it goes up and down but down she goes.
Bitcoin won't ever be a woman, so sorry for referencing it to a female boat.
XRP - 4H WedgeConsolidating around $1.3 with a wedge pattern, in an uptrend this is usually bullish.
Awaiting confirmation of a breakout upwards to confirm this bias.
ADAUSDTTriangle pattern is a tool to fly the price of Cardano
As you can see in the chart, the Cardano trend is a triangle that prepares to break the triangle and create a completely uptrend.
In this way, Cardano prepares himself to achieve higher goals.
The area shown in yellow has the support and leverage to push prices, including moving averages and trend lines and the smoothed Ichimoku cloud, and even Fibonacci lines and other supports that Cardano has leaned on in recent trends. Shown. This range will have the power to raise the price to the top of the triangle, but can not guarantee the continuation of the upward trend, but we are optimistic that the triangle pattern will be broken in Cardano's third attempt.
chzusdtIndecision in CHZ
With the fall of this currency in the past month, fear has been created among the investors of this currency, which in a way has left the market undecided for CHZ.
Of course, it should not be forgotten that it has experienced very good growth earlier this year, and this is a correction for its previous trend, and Lee has said in some comments that this downward trend has continued a little longer than expected, and it is likely that this way The descent is slow.
But in some statements, there is a lot of hope for a return to the upward trend in this currency.
Impressions from the chart
As you can see, the 4-hour candlesticks have broken a strong support zone downwards, and now it is possible that this zone will act as a very strong resistance and cause the currency to fall more than before, in which case the price may fall. There that is shown.
But only a big shock can cause a breakout and shape the uptrend, which is possible given the history and rank of this currency.
BTCUSDTBitcoin trying to set a new price record
As you can see, Bitcoin has followed a certain trend, which is not too far-fetched,
and it will probably complete this process and at least reach the end of its channel.
But before that it will hit a resistance in the price range of 62,000,
where it may be necessary for the deaf to fall, albeit slightly, and then return to its path.
After the trend reaches the center of the channel, we are expected to face a fall in prices again, but if the uptrend of Bitcoin succeeds in passing through the center of the channel, it will have a few targets ahead.
70,000 - 73,000 - 76,000 - 78,000
MANAUSDT/4HDoes MANA complete bullish rectangle pattern? we will see!
Target is the rectangle's pole!
UNIUSDTTriangle for climbing
As you can see in the chart, the UNI currency is forming a triangle pattern, and this triangle pattern has a special feature based on the uptrend.
However, if we leave out the triangle pattern. There is another issue that not only resists the fall of
this currency but also supports the rise of the price, which is the support and resistance zone in the price range of 29.8 - 30.3 dollars.
This support zone has a total of several support components, including:
Ichimoku Cloud, Moving Average 50-100-200, Fibonacci 0.76 and Triangle Floor
With the price rising and the upward triangle breaking, the upward trend is expected to continue up to the channel ceiling.
BTCUSD 4H 3 BAR REVERSAL PATTERNThe 3-Bar Bearish Reversal Pattern
1 The middle candle is at the highest point
2 The two candles on each side have lower highs
3 The third candle closes below the low of the first candle
4 The entry is triggered at the open of the 4th candlestick or bar.
FIND YOUR OWN TP & SL
VETUSDTThe final decision of the Vechain currency
We are now at a time when bitcoin is the main determinant of the digital currency market. And most Altcoins listen to Bitcoin. Of course, there are exceptions.
But for Vechain currency, it will probably behave like a soldier.
If we set aside bitcoin and analyze it from the chart, we will see that by forming a triangle, it tries to return to the ceiling of the channel, which is a support range shown in the chart as a yellow oval, which will help Arvand ascend .
But if the trend fails to climb by hitting the middle of the channel, the probability that the downward triangle pattern will break is high.
iota usd short termbuyers support the price in the bottom of ascending channel if volume increase i see this chart for price
CHZUSDTWill CHZ return to the game
After the emergence of the triangle formed by the emerging currency of CHZ, the trend is expected to rise sharply, but given the downward trend of bitcoin, it has become very difficult to predict the possible trend.
As you can see, after the defeat of the triangle, the market has returned and dealt with a very strong support zone. But there is also the possibility of infiltration in this zone.
With all these circumstances, I am optimistic that the upward trend of the CHZ will be more probable.
what is your opinion??
Bullish confirmation is being formed in 4hIf the current candle closes higher than its previous we have confirmation, but i won't hesitate to buy since the market bleed is over
BTCUSDTBitcoin triangle failure
As you can see, Bitcoin has formed a triangular pattern in the past week, which makes the future trend of Bitcoin more likely in two ways.
1- If the downward triangle breaks, the trend enters the support and resistance zone, which has the power to hold the trend for a few days and prevent bitcoin from falling sharply.
2- If the upward triangle pattern is broken, Bitcoin will try to touch its price ceiling again, and if it crosses it, we can expect to reach the record of 65,000.
Of course, the presence of several components, including a strong support zone consisting of Fibonacci lines, moving averages, the middle line of the current Bitcoin channel, as well as the collective expectation and greater participation of investors at this time can push the market up. In my opinion, the probability of failure is higher.
what is your opinion?
On the edge of the trend lineScenario 1 : Bitcoin price is on the edge of the trend line. As buying volume slowly lose momentum and longs positions are falling too.I expect that trend line will broke and price will hit at least one of the two FIBO levels which show us zone of support 52.400, here i set buy 60% of position because this price also in the past act as resistance.Next stop is 50.200 for 40% position. RSI also aim for the zone lower to 35,which too act as support zone. Plus take a look on daily candle :D
Scenario 2 : trend line will hold and price will go higher. In this case i will go long with small position of 30% but ONLY IF 4H WILL CLOSE ABOVE FIBO zone at price 54.650 .
STOP LOSS 53.750.
So for now i wait what charts and news will show us.
For more information you are welcome to comment or send message and if i will know i will answer :D
