FaadielAyob

FaadielAyob

Market in consolidation phase since yesterday , buyers and selllers at equilibrium state which has formed Descending Triangle Pattern , keep an eye on two break out scenarios , wait for clear indication on direction of new trend before entering a trade.

FaadielAyob

Price Violated a support line , we can see a bullish reaction after a retest of its broken upper boundary , my anticipation is market to reach next resistance of 2450.00 Level and possibly much higher thereafter.

FaadielAyob

Price will reach level 20178.75 Resistance Area i.e ( 50.0 FIB Retracement Zone ), Retest That Area before breaking upward to level 20681.10 ( Resistance Area ).

FaadielAyob

Market is at a potential strong support zone 2288.309 , if it holds market could set an all time high in the coming weeks , if not and market breaks and closes below this area and retests that zone we may see a drop to 2015.776

FaadielAyob

I have Two Scenarios Above , Market can head down to 37423.95 after trendline violation and test it before breaking out to head upwards to set a New Record High or it could break below 37423.95 and retest that area before heading to 35468.64 🤔

FaadielAyob

The market has broken through Support Trendline, Retest possible before the market continues downward to profit zone indicated

FaadielAyob

The market has Broken through the Resistance Trendline, retested it, and is heading upward to Profit Zone Indicated.

FaadielAyob

Projection Market to Move Downwards Towards Support Areas Highlighted as Candlesticks closed below Resistance Trendline after initially breaking through it.

FaadielAyob

Two Scenarios can play out Bullish Scenario - In case of bullish breakout of major falling trendline the market will break through it ,retest it and resume its bullish trend - please wait for confirmation before execution Bearish Scenario - The market keeps setting lower highs perfectly respecting the major falling trendline. We however need a weekly candle...

FaadielAyob

Bullish continuation, pay close attention to 1.16 area -1.176 supply cluster. I would suggest you let the price reach that area first before looking for a bearish confirmation to short it to area 1.12 ...

FaadielAyob

Price broke symmetrical triangle, resistance was violated to the upside, coin is trading in a long term bullish trend expect a push towards 1.40 level

FaadielAyob

Price dropped sharply last week. Falling wedge pattern on H4, expect the price to head downwards to closest support area.

FaadielAyob

Price has broken through the trendline and is retesting that area for days now, seems not enough bull power to push further up, anticipating a drop soon to the major support zone. It's all about patience now.

FaadielAyob

Signs bulls don't have enough momentum left, lots of imbalance in price below, it has reached trendline retest, downward movement expected.

FaadielAyob

Price has tested resistance area and bearish engulfing candle formation has taken place, my anticipation is price will head down to support area.

FaadielAyob

Price has broken out of the channel to the upside and has come back to retest again, further upside movement expected on this time frame.

FaadielAyob

The potential movement to the downside once breakout from symmetrical triangle as resistance tested once again.

FaadielAyob

A break above or preferably a bullish candle close above the 1826.724 Area will signal a push up to the 1909.253 Area.