
Spuqe
@t_Spuqe
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Spuqe

Spuqe

You can see at ATOMBTC chart it's about to hit the trendline / support area. You can also see at ATOMUSDT an ascending triangle forming an breakout.

Spuqe

On Bitcoin's 4-hour timeline, given that RSI is approaching overbought territory and that 38500 resistance is considered heavy resistance, I expect Bitcoin to fall to 36400

Spuqe

Ascending triangle usually breaks upwards, thought there is a lot uncertainty in the market as bitcoin is BOOMING! If we break upwards my target would be around 107

Spuqe

Could be looking for +-14% drop in price after confirmation. Descending triangles are a bearish formation that anticipates a downside breakout. Symmetrical triangles, where price action grows increasingly narrow.

Spuqe

So whats the next big move for BTC ? I think we will kill all the late bulls and go visit 15k again.

Spuqe

Just wake up the chart. Would be fun to see ETH 1072$ and then phamp OR maybe we can be anti-bear and believe we see 1400$ from here My analytics: it goes up or it goes down

Spuqe

SOL at 13$ support We can also see possible deascending triangle there Target would be around 7$ if we have an confirmed breakout downwards.

Spuqe

BNB/USDT LONG Entry: 266 Lev: 5x SL: 261 TP 1: 271 TP 2: 280 TP 3: 286 Risk: medium

Spuqe

Another day, same price action. Still garbage. We could say Bitcoin is forming a bear pennant on the 4H timeframe. This means we'll probably get another leg down towards $12.000 or $14.000 if it breaks down. I'm looking for a breakout from the ascending triangle and retest at 17.2k , if we break that area we can expect 20k or more. For now, Bitcoin still did not manage to get and stay above the 4H trend. If it keeps failing to claim it I am quite sure the bear pennant is going to break down Remember, it's the weekend which means low liquidity and even less trading activity.
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