fortitude23
@t_fortitude23
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fortitude23
The weekly chart of PROS is a great example of cup and handle pattern:- the shape is "U", not "V"- the cup is not overly deep- the handle is also not overly deep, it is in the top half of the cup- the volume is decreasing in the handleTarget: the cup is about $0.4 high (between $0.2 and $0.6), then the target should be around $1.
fortitude23
#PROSThe price is moving in an ascending channel on a daily frameAfter the last dip, a recover is expected to move the price above $1.
fortitude23
BTCUSDT: Bearish flag Analysis on Bitcoin (1H timeframe): first some little break under the flag, followed by the confirmation and then probably the real break to the 29k - 29.5K area will follow.
fortitude23
BTCUSDT: Bearish flag Short time analysis on Bitcoin (1H timeframe): short break under the flag, confirmation and probably the real break to the 29k - 29.5K area will follow.
fortitude23
BTCUSDT: Double top, Eve & Adam. This easy Adam & Eve Top can give traders a high profit short sale opportunity. The price usually don't draw a third high prior to entering a bear market.
fortitude23
BTCUSDT: Testing the 20K Support Followed by an Upward Movement Bitcoin has experienced a significant upward trajectory, starting below 16k and reaching a peak at 31k. It is anticipated that the next phase will involve a corrective visit to the Fibonacci level of 0.618, estimated to be around $21400. However, I believe Bitcoin may dip slightly further, potentially settling around the 20k mark, which aligns with the support level observed in March. The convergence of the MA25 and MA99 indicators in early June, with the short-term MA falling below the long-term MA, suggests a potential bearish trend in the coming months. It is important to note that this is merely my personal perspective on Bitcoin's outlook and should not be taken as financial advice.
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