Pattern Identification The pattern displayed in the chart is a Symmetrical Triangle. Symmetrical triangles are characterized by two converging trendlines connecting a series of sequential peaks and troughs, creating a shape that resembles a triangle. This pattern typically indicates a period of consolidation before the price breaks out, either upward or...
Pattern Identification The pattern visible on the UBL chart is a Falling Wedge pattern. Falling wedges are typically bullish reversal patterns that indicate a potential upward move after a downtrend. Key Features Falling Wedge: The upper trendline is descending. The lower trendline is also descending but converges with the upper trendline. The pattern indicates...
Pattern Identification The pattern visible on the POL chart is indeed a Symmetrical Triangle pattern. Symmetrical triangles are neutral patterns that can break out in either direction. Key Features Symmetrical Triangle: The upper trendline is descending, and the lower trendline is ascending, forming a symmetrical triangle. Breakout above or below the trendlines...
Pattern Identification The pattern visible on the FABL chart appears to be an Ascending Triangle pattern rather than a Rising Wedge. Ascending triangles are typically bullish continuation patterns. Key Features Ascending Triangle: The upper trendline is horizontal, indicating a strong resistance level. The lower trendline is ascending, showing higher lows. The...
While analyzing the market situation, I found that in the worse condition we could probably see BTC around *$38,500* or if the market remains stable so BTC could be seen around *$43,000*. Keeping in mind the current resistance of BTC that is around *$45k - $46k* should need to be broke, else we would be seeing BTC acting as a stable coin. On other Hand applying...
ADA/USDT Seems in a good mood, though it still needs the potential to move in an upward direction. Based on Technical indicators and directory indicators its shows that ADA needs to break an important Resistance that is between $1.35 - $1.40. If that breaks so I am sure that in a short term we could probably see a good move in ADA to $1.760 (keeping market...
BTC seems to be in an inverse head & shoulders pattern. This is classically a bullish trading pattern.
BTC made a sudden come back from 43,200 to 45,500 and now trying to break this yellow trendline which is of 45,750 if it successfully breaks so based on the current move BTC could probably lead to 48,800 level although keeping market uncertainty in view if it gets down so it could be between 43k to 41k. Also, the good news is that if on a daily time frame if BTC...
I think we can see move till 41k on daily time frame & 42k is deciding stage for BTC if that break so we would be witnesses of good move in Market & if that rejected (as previously) so we would probably see market around 30k. So in other words there are high risk and two extremes. Those want to remain safe so they can takeout entry from Market between 41k to 42k...
So BTC seems to break its next Major Support which is $33,409 and the last strong support is $28k. That's What Analysis showed to me on January 13 2022 that we will be having a drop to 35k and here it is today. BTC broke its major Support of 37k too and in other words Pitchfork indicator lines too. So now technically we are officially in the BEAR market. (Keeping...
ADA/USDT seems in a good Mood !!! As it seems to break Trendline, which could probably lead him to $2 Note. Do your own research too. My analysis are based on Indictors and Market sentiments. (Keeping market volatility in mind)
ALGO/USDT is one of my favorite fast recovery coins that could benefit you a lot in future months. Though based on the current chart analysis, I observed side-by-side movement in ALGO, as ALGO is following BTC in a respectful manner. Side-by-side movement is good for market health. Though if someone wants to take entry in ALGO so they can start doing DCA (Dollar...
CKB/USDT I am very Bullish about CKB as the project is fascinating in its nature and I can see potential in CKB. As based on the chart, it can break out soon. Though if someone wants to take entry so they can have entry between $0.02085 - $0.02135 and can take profit between $0.026 Note. Do your own research too. My analysis are based on Indictors and Market...
FLUX/USDT seems in the Red zone and, based on indicators, I probably think its next position is between $2.180 - $2.250. Keep in mind FLUX is a WEB 3.0 coin, so one should not ignore it. Note. Do your own research too. My analysis are based on Indictors and Market sentiments. (Keeping market volatility in mind)
BTC/USDT Update: My charting explains that we are still in a Strong Downtrend. As you can observe, BTC is trading on support right now. I can sense that if BTC breaks the support of 42,500, most probably we will find BTC at a level of 40,500. Even Volume is also decreasing with the passage of time. (Analysis are based on indicators, keeping volatility in mind)
Today Bitcoin (Market Giant) update: As you can observe in the Graph 50MA (yellow trendline) crosses 200MA (red trendline) which in other words consider as DEATH CROSS that's stands for a DIP (Bearish Movement) so based on Analysis if it happens so I think we will be seeing Dip once again in other words another Good opportunity for Buying. Based on previous...
*I sence Death Cross Is about to happen!!!* And if it happens so I think we will be seeing a massive Dip once again. And based on my Analysis I think it could probably lead *BTC to 35k* (May it never happen). On other hand BTC has shown Good Move since yesterday. Although you can agree to my point or disagree it's totally upto you but I was just sharing my point...
BTC/USDT (on the 4-hour chart): The Death cross could still be in play. But In order to avoid that we need huge volume. As BTC has shown, an unpredictable movement last night but still it's in the danger zone, and we are very much near to Bear Market (Based on Technical indicators). Based on all such analyses, I still believe we will have a slow market movement...