EthereumHi guys
We are at the bottom of the upward channel. On the other hand, the amount of Ethereum in the centralized exchange has reached the lowest historical level. It seems that investors are not sellers at these rates.
In the four-hour time frame, it seems that with the consumption of the $2408.3 support area, we can expect a downward trend similar to the scenario from the specified resistance range.
On the daily time frame, according to maintaining the support area and ascending channel, provided that the ascending trend line is maintained, the price area of $2250 can be attractive for buying.
what do you think?
Leftshoulder
ETHUSDTHello Dear friends
On the daily time frame, the idol pattern is associated with negative RSI divergence. The $1,654 resistance area is very important.
If the upward trend is above the price range of $1,762.46, the possibility of continuation to the area of $1,815 is strengthened. And the view of forming a downward trend will expire.
We would be happy to hear your comments
US30 A potential BATUS30 in HTF looks like forming bat, price swapped the base as per RTM and price approach forming 3 drive.It might take few months to reach target but once it react from C it would definetly complete prz
EOSUSDTHello dear friends
Due to maintaining the resistance range of $1.363 and forming LL the possibility of reaction to the yellow area ($1.292) has been strengthened.
If the range of $1.17 is completely consumed, the possibility of continuing the downward trend to the specified areas will be strengthened.
We would be happy to hear your comments
XRPUSDTHello Dear friends
We are still below the downtrend line, our $0.235 support area is still intact.
We have a positive RSI divergence on the daily time frame. But we must keep in mind that the momentum of the downward trend is strong.
On the lower time frames, if the range of $0.3733 is consumed, the possibility of forming a downward trend is strengthened up to the range of $0.3416.
But for further correction, I think yellow range orders ($0.5281) are needed.
We would be happy to hear your comments
HNTUSDTHello friends
If the downward trend of the price is below the $5 range, the probability of forming a trend similar to the drawn scenario is high.
As long as the loss limit is respected, we can make a good profit.
What do you think?
NEARUSDTCurrently, we do not have a signal to continue the downward trend, on the contrary, the lower ranges have been maintained and provided that the corrective trend does not fall below the price range of $3.92.
There is a high probability that the increasing trend will continue up to the specified area.
For us, the best point to enter the trade is the yellow zone ($4.9053).
But in the chart of the lower time frames at the end of the downtrend, a head and shoulder pattern has been created.
This part depends on your risk-taking.
We would be happy to hear your comments
ATOMUSDTHello Dear friends
Currently, we do not expect to form an upward trend. On the other hand, in order to have a stronger downward trend, orders should be taken from the main area.
As a result, if the price range of $9.97 is lost, the yellow range ($12.9) becomes valid for us, and from this range we can expect the formation of a downward trend until the yellow area ($6.17).
We will be happy to hear your comments
DOCKUSDTHi dear friends
In your opinion, the possibility of forming a head and shoulder pattern is not reversed!?!
On the daily time frame, it has reached an important range, we have a positive divergence of the RSI, the bulls have consumed the ranges nicely in the uptrend.
The possibility of a reaction in the yellow range of $0.01592 is very high. By observing the specified loss limit, there is a possibility of forming an upward trend up to the white range ($0.02756).
We would be very happy to hear your comments
Banknifty - Cypher PRZ at Wolfewave TargetBanknifty had wolfewave and near to its target , interesting thing is wolfewave target and cypher prz are at same level. Current supply is tested thrice (including current attempt to break) Looks like it will trap bulls by giving breakout ... Upside a significant supply with left shoulder is waiting to pull price down. Previous quasimodo failed to break low hence we can say strong low has formed. and also two flag limits below (one with FTR) shows strong demand and which is hard to break .
*Cypher might turn into shark so next potential reversal zone will be at 886
Amarajabat - Wolfewave with BAMMAmarajabat has wolfewave and supply in FL. Also a BAMM ... Two possibilities of rejection either it will react from supply under FL (Low) or react react from FL (High) which is aligned with LS and BAT PRZ... Very good RR setup...
SLPUSDTHi again
There is a possibility that the price can raise itself up to the yellow area, $0.00414!
1) We must not forget that the price range of $0.00358 in the daily time frame has been engulfed!
2) On the other hand, RSI has a positive divergence in the daily time frame!
3) Currently, in the one-hour time frame, the price inside a pattern is a triangle!
Do you think the downward trend line will break upwards!!?!!
I believe that according to the drawn scenario, we will have a downward trend up to the range of $0.00341, and if the price does not fall below the yellow range ($0.00319), there is a possibility of completing a wedge at the end of the descending channel.
ENSUSDTHi, I hope the coming week will be a profitable week (:
The price is moving inside a descending channel.
If we ignore the triangle pattern, considering the yellow range and the type of previous movement (inability to enter the $10.817 range), we should have a reaction to the $9.733 range.
I prefer to close 75% of my sell trade at the $7.364 price range, but I can't ignore the triangle target, so that leaves 25% for that range.
Be sure to share your comments with us
ZILUSDTHi friends, I hope we have a profitable week ahead (:
The best point to buy is the price range of $0.02318, but we are not checking that range for now.
There is a possibility of forming an upward trend up to the price range of $0.04011, if the downward trend of the price comes below the price range of $0.03673, it can decrease to the range of $0.03254.
We would be very happy if you share your opinions with us
HNTUSDTThe lifts of the shoulder have not been fully consumed in the previous uptrend!
There are no higher ceilings and most importantly we lost an important price floor in the monthly time frame, should we consider this month's positive candle as a return candle?
I think it could have a bearish trend over the $ 12.24 price range, of course, because the previous floors have been preserved, I have my own bearish view to the first specified range!
MATICUSDTHi, I hope you have a good day (:
I think from the yellow range of $ 0.388 we can enter a buy deal with an attractive risk to Rivard.
I can expect a head and shoulders pattern at the end of the downtrend if it does not lose the $ 0.34 price range.
It would be great if you could share your thoughts with us.