Quite recently Solana broke above the wedge pattern, indicating strong bullish intentions. Currently SOLUSDT is undergoing the pullback, which seems quite attractive in terms of buying opportunity. We are taking it.
Right now price is near the bottom of the formed range. We expect AUDNZD to start rising from now, potentially much higher than the range, if broken.
Yet again we are going for the short setup on CVX. As we can see the price is near the supply area, and we expect quite a fast drop starting from today.
⚪In the realm of MASKUSDT, the recent developments have sparked significant excitement. An unmistakable breakout from the descending channel has caught our attention. More intriguingly, preceding this bullish move, the price experienced a substantial bounce off the 427.2% Fibonacci support level. This critical Fibonacci zone could very well signify the bottom for...
TRXUSDT is clearly one of the strongest coins in the recent months. It has established a clear long-term uptrend, where the resistance has flipped into the support. We have placed a limit order to go long on the Tron, and we expect quite a strong uptrend to start this week.
⚪IMXUSDT has demonstrated prolonged respect for the supply zone, affirming the endurance of the long-term downtrend. ⚪This suggests a potential continuation of the price decline. ⚪The current upside pullback, though, presents an appealing risk-reward opportunity for sellers. 📉👀 Trade setup already shared in our channel!
ANTUSDT Analysis: Bulls in Control Ant Finance (ANT) has recently exhibited a significant shift in its price dynamics, pointing towards a potentially lucrative trading opportunity. This analysis will delve into the key factors fueling this bullish sentiment. 1. Supply Zone Turns to Demand Zone Over the past month, the notable transformation of a crucial supply...
⚪ In April, ANTBTC underscored the significance of the 7960 satoshis support level, with robust buyer interest evident. This trend persisted, recurring multiple times since January 2021. Subsequently, from April onward, the price has maintained a consistent uptrend trajectory, enclosed within a megaphone pattern. ⚪ Over the past week, ANTBTC has witnessed a...
In August, COMPBTC exhibited a precise bounce off the 78.6% Fibonacci support level, marking a significant turning point. Subsequently, the price has primarily traded within a range, all while staying below the downtrend trendline. However, a noteworthy development is the emerging pattern of higher highs and higher lows, hinting at potential preparations for an...
HPE is revisiting the supply zone, marking an excellent selling opportunity. We're seizing this chance to go short at the current price. Our outlook suggests a significant price decline, with focus on two support levels: one around the double Fibonacci near $14.2 and the other at the key demand zone around $13.8. This aligns with the downtrend trendline, expected...
INJBTC is currently one of the most robust BTC pairs, making it a prime candidate for a "buy option." Our analysis strongly supports a long position, with compelling reasons for expecting an ongoing uptrend. This optimism stems from INJ's consistent adherence to the uptrend trendline, complemented by a clearly discernible pattern of higher highs and higher lows...
INJUSDT is on a solid uptrend, with the price consistently respecting the average-price uptrend trendline. Notably, a recent breakthrough above the downtrend trendline indicates a probable continuation of INJ's growth. Today might just mark the launch of the next upward surge. 🚀
⚪ KEYUSDT displayed a noteworthy shift in its price dynamics in September, marked by a convincing breach of the downtrend trendline. This breakthrough was followed by a decisive move above a significant supply area. As a result, the supply zone is poised to transform into a demand zone, laying the groundwork for a renewed uptrend. ⚪ While KEYUSDT has undergone a...
We are going aggressively long on XLMUSDT since there is a clear uptrend pattern. For the resistance, our final target at 161.8% Fibonacci retracement level.
⚪ WTI has firmly established an uptrend, with a breakthrough above the first supply zone while consistently respecting the uptrend trendline. ⚪ Notably, a recent rejection of the second supply zone took place. The positive aspect, though, is that after the breakout we witnessed a precise bounce off the 78.6% Fibonacci retracement support, indicating the...
Tesla (TSLA) recently underwent a significant pullback, triggered by the break below its established uptrend trendline. Presently, TSLA finds itself confronting the 78.6% Fibonacci resistance level while approaching a long-standing downtrend trendline. We are cautiously considering a shorting opportunity, but it's crucial to act swiftly, particularly as long as...
DYDX found support at the bottom of the descending channel. We are going long, and aiming for the supply zone, which goes inline with the 78.6% Fibonacci resistance.
WLDBTC presently finds itself within a robust demand zone, which aligns with a prior supply area. Price action surrounding this support area continues to display consistent respect. As long as there isn't a clear daily breakdown below this demand region, the integrity of the uptrend remains intact. An Elliott Wave analysis further hints at a potential Wave 5 to...