Get started

Cion

BNB - possibility of a bull flaghello everyone In the past month we had the BNBUSDT covering a lot of the chart, we had a bull market (Mar 15-Mar 30), then a reversal pattern with the indication of divergence on RSI(Mar 30- Apr 04),then we had a hanging man candle to tell us the obvious downtrend happening on April 05.But anyway, Now we have a possibility of a bull flag on daily chart. As we all know a trend line with 2 leg's down is a weak one,So ,I expect to see another small down trend on lower time frames until the price hit the trend line. Our possible ideal down trend will break the 420$ support level, touches the 410$ make a shadow there and goes back up. key support level the weekly trend line( black one) & 390$(on daily) key resistance level 440$ (on daily)
by HubAlgo
There is a possibility for the beginning of an uptrend in ICXBTCTechnical analysis: . ICON/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . Price is in the support zone (0.0001130 to 0.0000770), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.0001130) Ending of entry zone (0.0000770) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0001460 TP2= @ 0.0002060 TP3= @ 0.0002350 TP4= @ 0.0002640 TP5= @ 0.0003790 TP6= @ 0.0004720 TP7= @ 0.0005660 TP8= @ 0.0006990 TP9= @ 0.0008680 TP10= Free
Long
by ForecastCity