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1day

We could correct here and still have formed a very nice cup.I think we can still reach as high as 64150 and possibly a new ATH even, before any sort of correction. However, if we were to start correcting here instead we would still have a very valid very nice looking cup to start forming the handle on. So I’m gonna go ahead and chart a speculative one here for now. There’s always a chance we don’t correct as well and keep continuing up eventually going to high for the cup to be valid anymore. For now though while we are consolidating a bit it seemed worth charting what a potential cup at this price action could look like. If we do indeed correct here this red handle projection is about as deep as I think it will go assuming the 1 day 50ma(in orange) would hold support. The measured move breakout rom a cup at this level would be around 98k just slightly higher than the 97k target the breakout from the 3 week chart bull flag gives us. Gonna post neutral on this one until I see how this plays out. As of now there’s no guarantee we will even get a cup and handle, but the probability does favor it.
COINBASE:BTCUSD
by DrDovetail
ontusdt/1dDaily candle is shooting star (bearish) and according to chart we have strong resistance above of ONT. Always buy on strong support line and sell before strong resistance. For holders it's not good time to opening long position but others will be able to opening long or short term base on dynamic and static lines ((check candles also)). As for me, I always check important dates on chart for possible trend reverse ((you can see them on my chart)). 0.8426 , 1.1697 , 1.5992 , 2.3348 , 3.1127 are strong resistance for price and 0.4179 is strong support, also. Good luck
Short
by SadeQ_Qiassi
BTCUSD/1DFirst of all I think price will drop to B (78% of XA) due to bearish rectangle pattern then will rise to C (61.8% AB) and then will drop more to D and finally it's going to complete our Bullish Butterfly pattern and AB=CD. Previously price touched 61.8% of XA but I think we're going to see 22704 ( 78% of XA ) due to I think this is a Bearish AB=CD pattern. You can take buy limit on B and sell limit on C as well as buy limit on D ( above of D we have strong support zone and It's so possible to see that candle's shadow will kiss our D and price will close on support line) for amazing long term position. We will see about that!
Short
by SadeQ_Qiassi
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