1d falling wedge inside falling parallt channel we also having 1d bullish divergence. Maybe a fakeout possible down to test parallel channel then up. Buy zone:- 90-110 Sell:- 220+ S/L:- 82
breakout of the triangle now retesting and then we will see a good pump
166.5 is good support zone as you can saw in the chart. We are in the falling weadge pattern and the 166.5 is support and if we break this then lower treand line of weadge is support then .
as you can saw BNB is traded in a falling wedge pattern and now its breaking out of it. all rsistance is shown in chart
Breakout had happened in the down side from last parallel channel and now trading in rising wedge channel. So we can expect one more down move in near future
Trading around its support and resistance. for a clear vision or direction we need to wait for a strong move with a great volume. comments your thoughts below like and follow for more.
all supports form past is shown in chart. Comment your views
GUYS COMMENT YOUR VIEWS THAT IN WHICH DIRECTION BREAKOUT OF CHANNEL WILL HAPPEN
divergence + parallel channel+ curve support lets saw what plays out first
please like the chart if you found it usefull.
cross happend on stoch on daily chart. 8th candle on weekly chart. 183 is very old and big support. if hold we good to see 255+ and if not then 135 is next support.
same as ltc chart in weekly it s on 8th candle and on daily it is on 12th candle so we will see more red days. support is 0.001997-0.002(former supports and resistance + trend line support ) resistance is 0.00255(former support)
As every alt ltc also having red days and there is a major support which is 0.006855 and currently the weekly candel is printing 8 th no candle in TD seq. so a another red week will be in books. after that we can saw a new green candels.
more downside to come. supprort and resistance is shown in graph.
As you can saw xrp is reacing it low and low. the rsi is all time low for xrp. the only support for xrp is around 2238 if its hold the we will see some green movement. if its not then we good to go to near 1500.