Matic 1D chart possible incoming Resistance levelsHello frieand.
like you see in my shared chart , matic is in a disjoint channel and runnung sideways.
nowadays we are in the mid-line of this channel and we see a strong bullish Hammer in this position.
also we see very good volume and its possible they are buyers!
if we go upward the first important resistance level is 0.5500
and if we cross this level we will reach about 0.6700.
please share your opinion and improve my skills friend.
we together can rise up.
help each other to grow.
teach me something new.
i will be happy.
thank you all my dear friends.
!!!NOTE!!!
MY POSTS ARE NOT TRADING AND INVESTING ADVISE
SO TRADE ON YOUR OWN STRATEGY AND CONSIDER MARKET RISKS.
Midlinesupport
Bitcoin AnalysisBINANCE:BTCUSDT
Friends, keep in mind that bitcoin is a resistance
It is heavy, which means that it may not be able to continue to progress
And in the event of a fall, there are two areas of support, the first support
Level 1 is Fibonacci if done in case of short correction
Level 1 is suitable and in case of long correction the range is 53136
It will be great to prevent falling
Bitcoin parallel channelBINANCE:BTCUSDT
Given the long-term price channel of Bitcoin, we see that price
It is close to the ceiling of its channel and is 0.618 on the ceiling
Which can slow down the progress for bitcoin and after
Breaking the 0.618 price level could advance to the next Fibonacci level
Bitcoin parallel ChannelBINANCE:BTCUSDT [/symbol
The price has reached the middle line of its channel and now we have to wait
To see the price reaction with the channel midline if the midline is down
If broken, the price will fall to the bottom of the canal and due
Neutral candlesticks that are forming are waiting for a rise or fall
Be strong on the market side and if the price reaches above the 5100 range
Again, it can advance to the level of Fibonacci 1 and 1.618
XRP/USDTBINANCE:XRPUSDT
The process after completing the pattern of the head and shoulders to the ceiling of the price channel
It has arrived and now we have to wait for the correction and after the correction
Continue on your way again but if you can not reach the roof of the canal
It will be possible to fall to the midline of the channel if it falls
If it is severe, it can continue to fall almost to the bottom of its canal
Ethereum Channel failureBINANCE:ETHUSDT
The trend went well, contrary to what we expected
And has succeeded in breaking the canal roof and forming a higher roof
The resistance line that you see in the chart can reach it after the price is reached
Have a slight correction and get back on your way to the 0.786 range
It can easily continue
Ethereum/usdtBINANCE:ETHUSDT
Friends, wait for it to fail before you can enter into a deal
The roof of the canal was broken and after making a decision, but keep in mind
Be in the process of getting emotional and growing as much as you can
The same will fall and the price for treatment will range
Wave roofs can already fall
ETH analysisBINANCE:ETHUSDT
The triangle for the Ethereum was broken upwards and even
He did his internal pullback and every time he intended to advance
Upwards have collided with the resistance line if the trend
If it does not break the resistance, the price will fall to the midline range and even more
RVN fibonacciBINANCE:RVNUSDT
Price after again failed to break your channel to
Inside the channel has done the return and to the foreign Fibonacci
It has reached its price and returned with the current situation
We have to wait for confirmation to climb to the canal ceiling from the candlesticks
And if the price continues to fall after the break of 1.414, you can
Enter the floor of the canal in the form of scalp and leverage
LIT CorectionBINANCE:LITUSDT
The trend after the collision with the Fibonacci range 1
And it is improving and the price can fall to the midline
And move up again if returned from
You can level the midline range upwards
Enter Fibonacci and go down in case of midline failure
Wait for the price to reach the bottom of the channel
Chiliz breack parallelchannelBINANCE:CHZUSDT
Due to the growth of the channel after the collision with the midline
It was able to break the canal roof, but now it stands at 1.618 bar
The trend is on track and the price is likely to modify slightly
There is so do wait for the next candle to get confirmation
But if it continues to grow without price correction after failure
Level 1.618 Be sure to wait for the pullback, otherwise the price will fall sharply
Will have
LUNA/USDTBINANCE:LUNAUSDT
The trend after breaking the midline of the price channel upwards
No correction has progressed to the ceiling of the channel and now for
Strong continuation of the process requires rest and the possibility of witnessing little
There is a fall in the chart and after the fall we wait for the break
Be the ceiling and get approval
DOT/USDTBINANCE:DOTUSDT
The trend has reached its channel level and the level of 1.414 is on the way
The trend is set and he must first be able to break the Fibonacci range
And then get to the top of the price channel to identify pullbacks
It is easier, but if the canal roof is not broken, the price
Make a correction to the orange support line and then again
Will do return
Binance CoinBINANCE:BNBUSDT
The trend after the last correction he made on the midline
It is fluctuating and the trend is bullish
To maintain itself, it must be able to break the price of 320 upwards
In this case, in addition to the suffering process ends with
Forming a ceiling higher than the previous ceiling can be considered as ascending
The trend counted on it and the resistance that stood in the way of the price
It is only for this after you reach the price of 320 can
Identify the pullback on the resistor
Bitcoin AnalysisBINANCE:BTCUSDT
The trend is currently fluctuating in the form of suffering
To determine if the trend tends to climb
The first price should be able to with a candle that is about seventy percent of it
Close above the specified range and after receiving the confirmation
Can be suitable for entry, and if desired
Again, it can drop to pre-shrinkage size or up to the midline range
BTC/USDTBINANCE:BTCUSDT
Currently we see that the price is three times the ceiling of the channel
Has penetrated and this indicates the failure of the channel
It will not be too difficult for the trend if the price falls
And return to the top to do the probability of failure of the roof
It is very high and if it breaks without falling after completing the pullback
The trend will move up to the resistance above the price channel
BTC/USDTBINANCE:BTCUSDT
Hello friends, as I said in yesterday's analysis
Bitcoin had to be reformed, which succeeded, and I hope
If you have made a profit, the wallet will have to wait for confirmation
That the price will advance again to the ceiling of the channel and offer
I use the floating stop for friends who want to enter
Do it because breaking the 40,000 range is difficult for the process