1inch has formed this nice ascending triangle - higher lows into a strong area of resistance, if price manages to break above the resistance we will see a nice pump from this coin.
ETHUSD very similar situation obviously always correlating nicely with bitcoin, market bounced of the confluence of support with the trendline and the demand zone and has now formed a higher low- inverted head and shoulders formation, we are waiting for a break and close back above the resistance before looking for a entry to long.
BITCOIN has bounced of the key support and failed to make another lower low, instead has formed a nice higher low and this inverted head and shoulders pattern.... i am waiting for a break above the resistance before we can go long.
ADAUSDT cardano yesterday broke the downtrend correction with a massive bullish impulse, after a impulse you expect to see a correction to the 0.50 fibonacci. Also on the daily timeframe market has formed a nice W formation, after a W you expect the pattern to complete at the neckline which is also aligning perfectly with the 0.50 fib taken on the daily impulse....
BNBBTC on the daily timeframe marked has formed a nice M formation, in which we expect the pattern to complete at the neckline giving us an upside target.... dropping down to lower timeframes we can see market has just formed this nice inverted head and shoulders pattern giving us more bullish confluence, i am waiting for a break and close above this level of...
DOTUSDT is in a strong uptrend, 4hr timeframe has formed this massive ascending triangle pattern, i am long on polkadot longterm and very bullish on this coin! From a trading perspective i am waiting to see more rejection at this ascending trendline support and market to break above the midline resistance and form a new higher high from a 4hr perspective, then i...
CRV has formed this nice bullish pennant on the 4hr timeframe in which the range is beginning to coil up and tighten.. i am waiting for a confirmed 4hr close above the top descending trendline before looking for a valid entry to long.
NZDUSD on the daily timeframe market has broke below the uptrend support with a bearish impulse which has been followed by a nice correction to retest previous support as new resistance, during this correction on the 4hr trimeframe market has formed this counter trendline... i am waiting for a new 4hr lower low to form and break below the counter trendline before...
Cardano is trading in this descending triangle pattern and is currently sat on this key structure support, although this is a bearish pattern my bias remains bullish as there is to much fundamentals on this coin but never the less i will wait to see what the market shows me before we can react to it. I am looking for rejection and a new higher high to form from a...
ALGO has recently formed this nice ascending triangle-a series of higher lows into an area of resistance, which yesterday market broke and closed above the resistance with a bullish daily candle, market is now currently retesting the zone which at the moment it has broke back below due to the recent correction in bitcoin and the crypto market as a whole... we are...
Market is currently testing a key structure support level, we are waiting to see how market reacts to this zone at the moment we are rejecting, price needs to stay above this zone else we could see a much deeper correction to around $1400 again we are waiting for correct confirmations before dropping to lower timeframes and looking for a valid entry here.
BITCOIN after making a new all time high has now broke below the support at 58k, the next key level of support lies at 52k which is a strong demand zone for this coin were alot of wales will be looking to buy the dip ! This zone needs to hold else we could see a deeper correction all the way down to 45k, i will be waiting in this buy zone to see how market reacts...