Harmonic pattern for the pair of BTC/USDT and this pattern is a Bullish pattern. The price right now is at a support area and should reverse soon. Should we experience a reverse the first resistance will be at 41000 dollars.
BTC-USDT is forming a Crap pattern and it should bounce from the current support area. BTC.D, the dominance is going up and that should have a positive momentum for the market Total, the total market cap including BTC is getting ready to start an upward direction
The formation of cup and handle is Bullish ....... The target is above 6 USD !! Should a war takes place in Europe then NG will pass 6 dollars by far !!!
Now that BTC did not go with the BAT Pattern, it might go down more to 44K so that it makes the Crap pattern ...... we shall see
BTC has formed a Bat Pattern and this pattern is considered bullish and I expect the rally to take pace around the 19th of Dec !!
Created this chart back on Feb 21at >>>>>>>>>>>>>> nothing is abnormal here
resistance at 1.33 USDT is the key point, once it breaks this point we are going to see a good run to the specified target !!
Ascending Triangle on the daily time frame with at least 32% gain based on the pattern. All of this is based on the condition of breaking through the coming resistance at 1.32 USD !!
Based on the formation if we take the base of the triangle and place it at the point of breakout, that should take us to the 39 USDT target. Stochastic RSI is giving a good momentum of the price action, the percentage of the return on investment should be 30% !!!
Ascending wedge is being formed and after that we should expect a rally to 80 cents possibly one dollar !!!
Date: 19th of June 2020 Currecy: RENUSDT REN as a defi currnecy will have a great uptrend in the coming weeks, the resistance I have given here is based on the structure that REN has demonstrated. I have used a 4-hour time frame and the Stochastic RSI is heading towards the over bought zone. This is only my analysis to the coin and it is not an advise to buy...