rozane
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rozane
Based on the provided chart, there is a possibility for the Crab Pattern to complete. In this pattern, point D typically forms at higher Fibonacci levels, specifically around 2.618 of the BC leg. In this chart, the PRZ (Potential Reversal Zone) is identified as a key area for the pattern’s completion. This zone can act as a potential point for a price reversal. The Crab Pattern often emerges at extreme price levels, and if the price reaches this zone, a reaction or reversal might occur. To confirm the completion of this pattern, analyzing price behavior near the PRZ is crucial. Using additional technical indicators such as trading volume, momentum indicators, and candlestick patterns can provide more precise insights. Overall, the pattern has the potential to complete, but traders should wait for further confirmation from the market.
rozane
Hello friends I think that Bitcoin is completing wave C, on the other hand, we have an FVG in the range of 51,000 to 53,000.
rozane
Hello traders,btc can drop to 25000(0.78) and up 120000(3.618)
rozane
Hello friends Gold is bearish in my opinion PRZ level is 1935, if the price moves below 1935, the next target can be 1900. Good luck
rozane
Hello The upward structure is broken in the daily chart and the price is below the moving average 200. The price has the potential to move towards 22k
rozane
BTC 22k coming -----------------------------------------------------------------------------------------------
rozane
BTC 34k soon ............................................................................................................. target:34k ------------ sl:53k ------------
rozane
short btc now tp:52k sl:61k . . . .. . . .........................................................................................................
rozane
The range of 48,000 can be suitable for short position
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