Dirtypaws
EssentialThere was 83% drop from ATH on PYPL, which lasts for more than 2 years without any significant corrections. Since the potential bottom has been formed, we are accumulating 280 days already. Currently, the price is sitting on the verge of the channel breakout. Potential targets are mentioned on chart. Will change my mind in case if the support will be lost, and...
You said "SOLANA NETWORK", I said "SOLANA NOTWORK"... There was a drastic move for more than 40% without any corrections. Strange thing is that during such a huge moves, solana quite often goes down. This time it was working perfectly, which is kind of "strange". This gives to me the sign, that it could be only the start for the "things goes wrong way...
We are still in downtrend on ARB on 1D TF and higher. Price has breakdown the uprising channel, retest it and now accumulating below the resistance level. The level is strong, as the lower border of the uprising channel stays together with strong horizontal channel, and we got rejection from it. Expecting trend continuation to the next support zone. DYOR
We do have a local uptrend here. Closest resistance which price would like to test is around 0,45. Will be looking closer for the next move as the price will reach it. Forwardly suppose, that it would like to retest the demand zone around 0,33. DYOR
We have rising channel, plus price forming symmetrical triangle inside of it, which means trend continuation. Taking this as an investment opportunity, while we stay above the green zone. DYOR
Price has pierced the resistance zone 65150, but wasn't able to stay above it. The level is strong, as it stays together with upper boundary of the descending channel, which price wasn't able to break successfully for now and got rejected. Looking forward for the price to test the demand zone at 58k. Despite this, be careful, as we are in the uptrend on higher TF,...
Price has breakup the accumulation zone in a form of simetrical triangle. Currently, by the time periods we did't retest an upper boundary of that triangle properly. Two zones of interest are mentioned on chart. Second one placed there, as the retest of such long accumulation zones are quite fast and first level could be pricked. DYOR
Price has return back to the channel, and now sitting between two local key levels. There be an accumulation for a while, and after the break of one of the levels, it will be more easier to understand the direction. Green scenario in this case is a priority, as on higher timeframe there is still an uptrend. Orange scenario will be in play, if the price failed to...
Daily candle closed nicely, telling there is some interest in buys. On lower TF there is a change to the bullish side. Minimum target - test of the mirror level. In case if start decide to strike upward - there is a second visible target on chart. DYOR