ELFUSDTELFUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.40
What you guys think of this idea?
Retest-structure
BONDUSDTBONDUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 5followed by 10
What you guys think of this idea?
NZDJPYNZDJPY was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 87.20 region.
Will the bulls take charge again continue for leg higher?
SOLUSDTSOLUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 26 followed by 30
What you guys think of this idea?
USDJPYUSDJPY was trading in rising wedge pattern till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the inclining trendline of the wedge.
Now the price is retesting the broken trendline and broken support level.
it seems like the sellers can attack again this bearish confluence.
If the sellers takes charge again, the next target could be 147.35
ETH ANALYSIS🌸#ETH Analysis : Breakout and Retest ✅️ ✅️
🚀#ETH was following falling wedge patten on 1 day time frame and we can see a confirmed falling wedge breakout with retest which indicates a bullish move in #ETH.💲💲
🔖 Current Price: $1617
⏳️ Target Price: $2000
⁉️ What to do?
- We can trade according to the #ETH chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ETHAnalysis #Cryptocurrency #Breakout #Retest #DYOR
GBPJPYGBPJPY was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 181.80 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
XRPUSDTXRPUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 0.5070 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
AUDUSDAUDUSD was trading in bullish parallel channel till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the ascending channel.
Now the price is retesting the broken channel and broken support level. which is also the 50% fib retracement level.
it seems like the sellers can attack again this bearish confluence.
If the sellers takes charge again, the next target could be 0.63800.
OPUSDTOPUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now the retest of the broken level is highly possible, which is also the Fib retracement level.
If the sell momentum continues the next target could be 1.210 region.
What you guys think of this idea.
HIFIUSDTHIFIUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and broken resistance which is also reacting as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.6300.
ENJUSDTENJUSDT was trading under declining trendline and recently it seems like bulls are starting to take the charge and has given the breakout from declining trendline with significant bullish candles .
Currently the price is retesting the broken trendline , if the retest level holds it could be a nice buying option.
What you guys think of this idea?
EURAUDEURAUD is trading in descending channel and printing consistent LLs LHs. Currently the price is broken the important support zone then any retest of broken level will be another sell option.
If the sell momentum continues the next target could be 1.6550 region.
What you guys think of this idea