We just bought CRV expecting quite a fast upside move. At the same time we are ready to see some spikes below the current price, but overall, the RR opportunity is solid.
RLCUSDT is currently hovering around a significant support area, and the recent price action indicates that this support level has been respected. This could potentially signal a reversal in the price direction, particularly if the support continues to hold strong. As a result, we identify a compelling buying opportunity in RLCUSDT, with a potential growth...
Recently we had this nice bounce off the uptrend trendline, followed by a rejection of the 161.8% Fibonacci support. So we are going for this buying opportunity, and expecting Ripple to reach 361.8% Fibonacci level.
We expect CRVUSDT to make a move up very soon, potentially even today. The upside target is very close, although the probability is strongly in the favor of an utprend.
The US30USD is currently experiencing a notable pullback, presenting an intriguing opportunity for a favorable risk-reward buying position. The breach of the downtrend trendline is a significant development that may indicate a potential reversal in the short or even long-term trend. Our analysis suggests that we could witness a swift ascent toward the 78.6%...
Bitcoin has achieved a significant milestone by breaking and closing above the downtrend trendline, indicating a highly positive price action. Following a minor pullback, we anticipate the price to continue its ascent toward the uptrend trendline. However, there's an intriguing aspect to consider: BTC has two potential targets, either reaching the 161.8%...
ETHUSDT is currently positioned below the significant resistance level of $2000, which holds psychological significance. Furthermore, there has been a clear and decisive breach of the ascending channel, indicating the potential for further downward movement. Given that the price has approached the breakout point of the channel and the 88.6% Fibonacci resistance...
The EURCHF downtrend remains firmly intact, with the support zone successfully transitioning into a robust resistance area. The price action consistently adheres to the downtrend trendline, and today we observe EURCHF retesting this trendline. This presents a compelling opportunity for sellers to enter the market and anticipate the next downward wave. In the...
We are going short on HFT right now, and expecting the price to hit the bottom of the descending channel.
PM has decisively broken below the uptrend trendline, signaling a significant shift in the trend. Simultaneously, the downtrend trendline has been consistently respected, suggesting mounting selling pressure. Therefore, it is anticipated that Phillip Morris will face substantial downside pressure in the coming weeks. As a result, the price is likely to decline...
GBPNZD is having a bounce off the downtrend trendline for the second time. This is the price action we've been waiting for. Unless a new higher high is printed, we expect a relatively strong pullback, to test the long-term downtrend trendline and 61.8% Fibonacci support.
After a bounce from the support, EURAUD has reached the 61.8% Fibonacci level. A downside move or pullback would be a healthy development, potentially occurring swiftly.
On the daily chart, XLMUSDT still sits on the 61.8% Fibonacci retracement support. We can clearly see higher highs and higher lows pattern, indicating the validity of a long-term uptrend. The price for buyers is looking attractive, especially after the most recent price drop.
I won't be talking too much about how bullish XMR is currently. But we just went along quite aggressively considering multiple technical aspects of the current price action. The most important is obviously the weekly break and close above the long-term downtrend trendline. Secondly, we have the price hoovering above the 61.8% Fibonacci level for quite some time...
Love the formation of the double bottom, and the current pullback on ETCUSDT. It provides a good RR opportunity for the long-term hold. However, the first resistance at 50% Fibs must be taken out for the uptrend to start.
We can't say that HFT has bottomed with confidence yet the current pullback offers an outstanding risk-reward opportunity for mid-term.
Right now ALGO is testing the most common Fibonacci retracement level, 61.8%. We want to take buying opportunity at this time as any kind of a pullback would be healthy for this bearish trend.
Current price presents a good RR opportunity for the bulls. Because right now LINK sits at the strong demand zone.
