Broker_Hunter

Broker_Hunter

The chart of Solana (SOL) is painting an exciting picture for the medium term. We're currently witnessing the formation of a massive triangle pattern, and a breakout seems imminent. This technical formation, combined with other indicators, strongly suggests that SOL is preparing for a significant upward move that could propel it to new all-time highs (ATH). Key...

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DOT is poised for a potential breakout, having faced resistance at the critical liquidity level of $3.532 three times previously. This fourth attempt could be the one where the tide turns, as the price approaches the 3.618 Fibonacci retracement level, a significant technical indicator that often signals potential trend reversals. If DOT successfully breaks above...

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GALA is looking bearish on the USDT chart. It has formed a bearish flag, which is a technical analysis pattern that suggests a continuation of a downtrend. The price has broken down from a rising wedge pattern, which is another technical analysis pattern that suggests a reversal of an uptrend. These patterns are often used by traders to identify potential entry...

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AVAX is breaking out! After months of downward price action, AVAX has finally broken out of a multi-month falling wedge pattern. This is a very bullish signal, and I'm expecting a strong rally in the next 3-6 months. My price targets are $130 and $228, which would represent a significant increase from the current price of around $27. Why am I so bullish on...

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The price of gold is currently experiencing a bearish trend as it retests a critical support zone. This zone is reinforced by Fibonacci levels, adding to its significance. The ongoing retest of this support zone, coupled with the break of a triangle pattern from the bottom, suggests that the bearish momentum is gaining strength. Key Levels: Support: 2645-2653...

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I'm seeing a potential bearish scenario shaping up for Microsoft (MSFT) based on what looks like a descending triangle pattern in the price chart. Here's what I'm noticing: Descending Triangle: The price action seems to be making lower highs, which forms that downward-sloping trendline. But at the bottom, there's a relatively flat support line. This kind of...

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"Take a look at this Cardano chart. It's been tracing out a pretty clear downtrend – lower highs and lower lows. But here's the thing: it's also been bouncing between those two trendlines, creating a descending channel. Now, see that 'INNER TRENDLINE' you've marked? That's an interesting observation. Cardano has touched that line multiple times, showing that...

Broker_Hunter

Bitcoin is currently navigating a broad channel, marked by clear upper and lower boundaries. We're approaching a critical juncture at the $62,350 resistance level, which coincides with a significant 'LIQ fille' zone (likely a cluster of sell orders). A successful break above this resistance could propel Bitcoin towards the '2.1688 fibo target' around $70,400....

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"Okay, so let's break down this Ethereum chart. It's painting a pretty classic symmetrical triangle. See how we have higher lows and lower highs? Those converging trendlines tell us the market's in a tug-of-war. Buyers are pushing for higher prices, sellers are trying to force them down, but neither side is winning... yet. Now, here's the exciting part. With...

Broker_Hunter

The FIL/USDT chart screams "buy" to those who understand the power of long-term accumulation and the significance of repeated support tests. After 700 days of consolidation within a very strong support level, punctuated by three decisive touches, FIL appears ready to break out and soar to new heights. This extended accumulation period, validated by the repeated...

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SOL/ETH: Bearish Divergence Hints at Correction Before Next Leg Up The SOL/ETH chart paints a picture of a potential short-term pullback before continuing its upward trend. While the overall outlook remains bullish, the presence of a bearish divergence on the RSI warrants caution. Potential Correction: A correction to the 0.04 level is plausible, offering a...

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SOL/ETH: Bearish Divergence Hints at Correction Before Next Leg Up The SOL/ETH chart paints a picture of a potential short-term pullback before continuing its upward trend. While the overall outlook remains bullish, the presence of a bearish divergence on the RSI warrants caution. Potential Correction: A correction to the 0.04 level is plausible, offering a...

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The AUDIO/USDT chart reveals a compelling story of patient accumulation and potential for a significant price surge. After 700 days of consolidation within a strong support zone (highlighted in green), AUDIO appears poised for a breakout. This extended period of accumulation suggests that long-term investors have been steadily acquiring AUDIO, building a solid...

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NOT/USDT: Poised for a Breakout? Fibonacci and Strong Support Converge NOT/USDT appears to be gearing up for a potential price surge, as it's currently trading within a strong support zone and showing signs of a possible breakout from a descending triangle pattern. This confluence of technical factors suggests a bullish scenario may be unfolding. Here's a...

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Solana (SOL) Price Analysis: Triangle Pattern Hints at Bullish Breakout Solana has formed a symmetrical triangle pattern on its price chart, suggesting a potential breakout. A symmetrical triangle is characterized by converging trendlines that are approximately parallel, indicating a period of indecision in the market. If Solana breaks out above the upper...

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Bitcoin (BTC) has been on a strong upward trend against Tether (USDT), but it's facing a significant challenge around the 70,000 USDT mark. This level, identified as the "2.1688 fibo target" (a Fibonacci extension level), has acted as resistance multiple times. Traders are watching closely to see if BTC can break through this resistance. A decisive breakout above...

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EUR/JPY: The EUR/JPY currency pair recently experienced a dramatic plunge, like a traveler caught in a sudden landslide. Now, it's attempting to climb back up, facing a significant hurdle at the 169.00 resistance level. Will it succeed, or will it stumble again? Traders are closely watching these key factors: The 169.00 Resistance: This is a critical level to...

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Chart: Brent Crude Oil on the 15-minute time frame. Key Elements: The green channel shows the price oscillating downward, with the price breaking out of this channel to the upside. Order blocks (in gray and red) are noted between the $71.5 - $72.5 range, which may act as zones of institutional buying or selling. MY green prediction line indicates a belief that...