A big symmetrical triangle with a big divergence is on the way to breakout. The focal point is at EUR. Stay alert, if the price breakout the take-off line and the volume will rise, you have a big opportunity to realize a big trade. eur The name euro was officially adopted in December of and replaced the former European Currency Unit (ECU) as the official accounting currency on January 1, It is the official currency of the euro zone, which consists of 19 of the 28 member states of the European Union. TradingView. EN. TradingView. Sign In. LTC EUR Thats the Idea:) Enjoy 1. 0. Litecoin following Bitcoin Bull Circus next buy chance $ LTCEUR, After bitcoin broke ATH, LTC followed the growth and broke resistance that has been in place since the beginning of December. As the current price is quite far away from the EMA.
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Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!! Hello everyone In my previous analysis even though I am bearish in bigger picture.. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support.. Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend.
This resistance area marks a critical resistance target. If we close above , we can expect This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts. This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective.
Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times, The price tested the previous resistance, now support, at the 1.
IF the market will break above the structure and consequently break the channel we will set a nice long order according to Plancton's strategy.
Looking for long positions at breakout of triangle. Entry - 1. Previous resistance, now becomes support at 1. A lower correction is expected. Pivot support is at 1. We look to buy dips. Our profit targets will be 1. The user who comments the correct answer first gets a digital cookie. My idea is to keep it simple. Might do more of these not Just place your stoploss right. Market makers love it you sell direct. Thanks for your support. Merry Christmas everyone! Now I think we are super bullish.
I think bearish, but who knows what market makers have in store for us.. But I think we need to still brake 20k level before retrace. If you like my content. Tips are welcome.