API3USDT has shown volatile movements for a couple of days. Now it seems that the price is around the top area of falling wedge and trying breakout while moving in the parallel channel. Parabolic SAR points for the 4H / 8H resistance have also been broken(12H point for now is around $8.17). Seeing that BTC price movement may not be ferocious for a while and...
Hello, The price of the BTCUSDT & ETHUSDT has risen quite much. Especially, ETHUSDT is at the very crucial point for the next steps, based on the Fibo retracements. If the price breaks up the 0.236 level ($1860) & supported by that level, it will reach zero level (around $204) easily. Then it may form a sort of huge W-lettered bullish pattern leading to the new...
Hello, CHZUSDT is one of the hottest NFT cryptos. After taking a very long time of crazy bullish period, the price variation has made two questions. 1. wedge or parallel The tip points raise the question of whether it will form a rising wedge or parallel channel. (My guess is that rising wedge formations have a higher probability.) - in the case of the...
Seems XTZUSDT finished entering the zone at about $4.0. It's easily expected that the next challenge for 0.236 level (around $4.7) and the order blocks would be made between $4.0x ~ $4.7x for a couple of days. Thank you.
*Plz refer to the previous ideas. still using the same Fibo frame. With the correction of BTCUSDT & high possibility for BTC dominance↑, it seems that XRP price may go down for the 0.618 level test before going back to 0.5 level. Here's simple forecast for the next movements; - After touching down 0.618 & rapid retrial for 0.5 level - After touching down 0.618...
*Please refer to my former idea about XRPUSDT. After the price reached above Fibonacci 0.5 level, it seems the sideways movement for the next step is going on. Currently, the price is below the 0.5 level and the order blocks around this price level are not thick. While making order blocks just beneath the 0.5 level, the trial for the 0.382($0.532) and the...
It seems the price resists to go below 0.786 level (0.2979) after harsh dumps & tries to go above with the support of 0.618(0.3956). Considering one-day candle may be closed with the morning star pattern, the price will retest the 0.5(0.39714) level or maybe the higher.