Current Price: $0.7694 (up +1.28%) Key Observations: 1. Ascending Trendline: The price is moving along a clear ascending trendline, showing short-term bullish momentum. The price is making higher highs and higher lows. 2. Immediate Resistance Zone: Price is approaching a resistance zone around $0.79–$0.80. This area could act as a strong supply zone. 3....
Current Price: $674.94 (up +0.82%) Key Observations: 1. Rising Wedge Formation: Price is moving upward inside a rising wedge, which is generally a bearish pattern. The price is currently testing the upper resistance zone near $675–$676. 2. Resistance Zone: Strong resistance zone is marked just above the current price. This area has previously acted as...
Current Price:$3,334.96 (down by -0.65% Key Observations: 1. Trendline Support: The red upward trendline is acting as strong dynamic support. Price is currently testing this trendline. 2. Horizontal Demand Zone: The pink shaded area ($3,320–$3,330) is a major support zone where price previously bounced. This zone is crucial — a break below could signal...
Price has successfully broken the descending trendline, signaling a trend reversal from bearish to bullish. The market is now testing a key supply zone around $0.07450 – $0.07550. Trend Shift: A bullish breakout from the downtrend line indicates buyers are gaining control. Support: Previous resistance near $0.07370 may now act as strong support on any...
Solana has shown a strong bullish reversal from the support zone around $170, forming a parabolic curve pattern, which often indicates strong bullish momentum. Trend: Bullish, with steep upward movement and consistent higher highs and higher lows. Support: The breakout level near $176.65 can act as a new support if price pulls back. Immediate Resistance: Price...
BTC/USDT Analysis (1H Timeframe) Bitcoin has broken above a key resistance zone around $109,462, showing strong bullish momentum. The price has now entered a higher resistance area near $110,350 – $110,464. Trend: Short-term bullish, as seen by the strong impulsive move and price staying above the EMA line. Support: The previously broken resistance at $109,462...
This is a 1-hour chart of SOL/USDT (Solana vs Tether) on TradingView. Here's a breakdown of the technical analysis visible: Trade Setup Overview: Current Price: ~$175.05 Entry Point: Around 175.09 (marked by blue horizontal line and entry candle) Stop Loss (SL): Around 175.80 (red zone above the entry) Take Profit (TP): Around 173.00 (green zone below the...