I see on the weekly timeframe a W pattern forming. January 2018 TRX reached the ATH and since then the price has been slowly moving downwards.
Between the red and green line channel. Thin green line aka support is holding strong and several times a good bounce up.
Currently looking good. W pattern, momentum upwards, support holding, but note the red line upper...
#CHZBTC 1d timeframe. Currently CHZ is resting after a good move up.
Sideways movement up and down between resistance and support.
Focus point for now is the green box support.
f we break down there we will go down hard.
Important that support line holds for a REtest resistance.
Step 1: Downwards.
Trading is and remains a risk business. If you want...
#BTCUSDT 4hr timeframe I see a bearish pattern forming on this timeframe. Red line top line of the flag and green line is the bottom. That doesn't mean the price can't go up. In fact, I expect a small correction from the dip first. The pink line is the 200 EMA n I expect a rejection from there. See picture why I think so. 200 EMA has been tried several times to...
#LRCBTC 1W & 1d timeframe. Since October 25, 2021, LRC has skyrocketed. Now it has moved into calm waters. Sideways movement. On the 1d timeframe good to see. It moves between the red and green lines. Top and bottom lines. If you look closely you can see a bullish pattern. Bull flag. It may move back and forth between the lines for a while, but it remains to be...
