1. Rising Wedge Pattern: The chart shows what appears to be a rising wedge pattern, which is generally considered a bearish pattern, signaling a potential downward move after the price reaches the apex of the wedge. The price is currently nearing the support zone at the lower trendline of the wedge. 2. Breakdown Scenario: The price has been declining and appears...
1. Falling Channel Pattern: The chart shows a falling channel, which is characterized by a series of lower highs and lower lows. This pattern is often seen as a bullish reversal setup when the price breaks out to the upside. The price has broken above the upper boundary of the channel, signaling a potential bullish breakout. 2. Breakout Confirmation: The breakout...
1. Symmetrical Triangle Pattern: The chart shows a symmetrical triangle pattern, which typically forms as a result of market indecision. The price is converging between two trendlines, indicating that a breakout is imminent. This type of pattern can break in either direction, but since it’s forming after a prior uptrend, it often signals a continuation to the...
Trend: The chart shows a potential descending triangle or wedge pattern, with a breakout nearing the apex. SUSHI appears to be testing the upper boundary of the downtrend. Support and Resistance: Support: Around $0.52 (bottom boundary of the triangle and recent lows). Resistance: Around $0.63 (the trendline acting as resistance for the breakout). Indicators:...
Trend: The chart shows a prolonged downtrend that appears to be bottoming out. There’s a breakout above the descending trendline, indicating a potential reversal or at least a significant correction to the upside. Support and Resistance: Support: Around $0.0031, which seems to have held as the local bottom. First Target Resistance: $0.0070, which aligns with...
In this weekly analysis of SEI/USDT, we observe a potential long-term reversal setup as the price tests a critical support zone. This level coincides with key Fibonacci retracement levels, suggesting that a bullish reversal could be on the horizon. The chart presents an attractive risk-to-reward ratio for traders looking to capitalize on a potential move back...
Timeframe: 1W (Weekly) Summary: In this weekly analysis of BTC/USDT, we observe Bitcoin testing a critical resistance zone within a long-term ascending channel. This is a pivotal moment, as a breakout above this resistance could signal the continuation of the bullish trend, while a rejection might lead to a significant correction. Key Observations: Ascending...
imeframe: 1W (Weekly) Summary: In this weekly analysis of MDT/USDT, we observe that the price action is currently testing a long-term ascending channel's support line. This setup suggests a potential bullish reversal or continuation within the channel, offering an attractive risk-to-reward opportunity for long-term traders. Key Observations: Ascending Channel:...
Timeframe: 2D Summary: In this analysis of METAL/USDT on the 2-day timeframe, we are observing a potential bullish breakout scenario following an extended downtrend. The price action has been consolidating within a descending triangle pattern, which is often a continuation pattern but in this case, could serve as a reversal pattern due to several...
WIF USDT could give us at least 10% profit if it breaks completely the resistance line in short time .
#USDT Market Cap ! It's about to hit his strong dynamic support that didn't break for many years! If it does, Alt Season starts! If not, we must just run! DYOR!
#PUNDIX reached the support zone that is broke out before as its accumulation! SL is on the chart! Be careful with BTC, for more Inf you can see the BTC chart that i posted as well
It has a good pattern and could give us a good profit. DYOR!
#PHA USDT is in the Buy zone for a massive return profit! DYOR! * PHA broke out the 1001 days downtrend dynamic resistance and with a pullback confirmed the breakout! * importantly, it broke up the static resistance at the 0.203 and now time to hold itself above it. First Target should 0.477 and then 1.41 and Bull run target could be 2.29
#MATIC pullback to the broke out the Dynamic resistance level that now act like a support line