When breaking the wedge there is a high chance that the price will reverse upwards.
Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price came out of the triangle you created. Let's start with the designation of the support line and as you can see the first support in the near future is $ 30,413, if the support breaks, the next one is $ 29,688 and $ 29,114 and $ 28,541. Now let's move...
The "neckline" of the bottom after the market collapse of 2020 is very strong support as the selling at this juncture was a panic mode due to the pandemic economic lockdown. Stocks collapsed beyond fundamental levels at that time. This support level is going to thwart downside action for many stocks near this area. This kind of pattern warns of the impending...
* Was in a down trend * Has been in a potential bear flag from mid January 2022 * Despite it breaking down from the potential bear flag, there are multiple levels of support before it reaches its measured objective. * Key level of support being around the $30k mark * The trend line extending from Jan 24, 2022 may act as a confluence of support with $37.5k...
In the times like this where uncertainty, doubt and fear takes the market, smart money comes in and pushes the market up. After every bull market that we had since the beginning of the BTC we had consolidation phase in the shape of ascending triangle. After the first bull-run from the breakout we had 1100%, after the second 350% and if we continue that growth BTC...
Hello dear friends, let's take a closer look at the Doge chart in daily time frame.Since May 19, 2021, a strong S1 support line has been formed, which has been rejected upwards every time the price hits it.It is possible that the price will test the S1 level once again on the way to increase.The R1 line, which used to be a strong support in 2021, has now become a...
sees like after a downtrend, AUDUSD can try a comeback from bottom of its channel (sorry for broken English I'm Persian :) so we can open a long position here, tp1 will be the blue horizontal line and sl will be a 4hr candl below support line. good luck guys
IOTA is in a very important place, we have to hold the $ 1 price because it is a very important support and to stay in the current triangle zone. Observe the behavior of BTC and whether the price IOTAstarts to accumulate to the new rise.
1INCH headed towards the first resistance at $ 2.53 unfortunately turned back with the price and is currently struggling to maintain support. If the support continues and we see a price consolidation, it could be a good sign for us to continue our fight.
FTM has succumbed and broke previous support, BTC plays a very important role in the market and any hesitation in it affects the remaining alts. Now it is necessary to observe whether the FTM will maintain the new support line, thanks to which it would create a higher dimple, thanks to which we could observe accumulations and an attempt to go towards the resistance line.
BTC drops below 42,000 $, the next line of resistance is in an important spot on the FIb Retracement 0.618, at $ 41,500 it is a very important support that we must defend to try to attack the 46k. Will BTC stay on the support line? It is worth observing the next hours in which the price will start moving.
After exiting the downtrend channel, MATIC started a new path in the upward channel and made support at $ 2.28. If it keeps the price, we can observe an attempt to break the first resistance line at $ 2.4.
1INC exited the bottom channel, after breaking the first and second resistance lines, we can see an increase to $ 3.2 which is around 0.236 Fib Retracement.
I have tried to draw different support levels. I hope, it would be useful.
It can Moves up after breakout the parrallel channel, and can make 100% & 220% profit for targets
Hello everyone!!! Bayer AG at the channel support. There is hope for the end of the bearish trend that began in 2015. Additionally, according to the cyclical analysis, we can see the completion of a cycle of 1610 days (or 230 weeks, or 4.5 years). The cycle was repeated 7 times: of which 5 times there was an increase in the share price and 2 times - a fall....
To melt or not to melt? THAT IS THE QUESTION! This charting is for all you bull hearted heroes out there, I know people are terrified of the price going to zero ten minutes after close, but my apes inside all assure me that any dip in price is ALWAYS a long term opportunity! Please use this charting as a reference to your own analysis! And as always, MAY THE...
xvgusdt support and resistance zones multiple time frame 4 in 1 fibonacci! you can see why!? Kingtechnic