$LOOM'S price action has been on a tear for weeks as price has only moved upwards... Currently price action is in a rising channel. Will it rise higher or break downwards? #Loom can retrace to Lower prices: 0.17, 0.15, 0.13 , 0.11 OR Price action can continue to newer heights: 0.20, 0.23, 0.25 Current price: 0.19
The Dollar Index #dxy has remained in a falling Wedge since November 2022 - 8 months! This has given a rise in market capitalisation in Stocks and even speculative assets like Bitcoin. The falling Wedge will Rise! DXY current: 100.2 Up resistances: 102.4, 105.3, 107.5
Bitcoin #btc has remained in an Ascending Broadening Wedge from January 2023 till Now - 8 months! CRYPTOCAP:BTC has seen a rise from about 15500 to 31500. An Ascending Broadening Wedge usually falls 75% of the time! CRYPTOCAP:BTC current price: 29,418 Down Supports: 28,600, 26,700, 25,100, 23,500, 21,500, Above resistance: 31,500
SUSHI CRYPTOCAP:SUSHI 's price action is in a channel of possibilities CRYPTOCAP:SUSHI Price action can continue in it downward trend as price breaks below the channel for supports 0.54 down to 0.46 Price could continue in it's channel then break out for higher prices 0.6, 0.65,0.7, 0.75 Current price: 0.58
TSX:FTT price action is currently printing a rounded Bottom. Only two things can happen: Currently $FTX neckline resistance is btw 1.20 - 1.24 If Price action continues to reject neckline, then lower prices will be seen: 1.14, 1.1, 1.06, 1.00, 0.95, 0.86 Break out of neckline resistance will yield higher prices with 1.33, 1.38, 1.45, 1.54, 1.62 #FTX Current...
The dollar Index TVC:DXY has been in a rising channel for 2 months. Only Two things can happen. #dxy continues to rise in its channel to hit up resistance 107.5 OR TVC:DXY retraces to hit lower supports 103.8 Current price: 105.6
On the weekly timeframe.. Dogecoin price action is printing a massive falling Wedge Pattern and a double bottom pattern. #doge Current Price: 0.062 If CRYPTOCAP:DOGE remains supported at this price, further upwards movements are possible. Up resistances: 0.07, 0.08, 0.09, 0.1, 0.11
Quant GPW:QNT is at a point of decision! Price Action in currently printing a massive falling wedge on the 3DAY timeframe Current Price: 85.7 #Qnt's price action can continue going lower to hit supports: 70.5, 53.6 Or Price action can reverse for higher prices: 99.6, 117.7, 134.2, 147.8, 167.4, 189.2
CRYPTOCAP:SUSHI price action making higher lows in its Ascending Triangle Current Price: $0.67 If #sushi is able to break the horizontal resistance around 0.7 Then Up resistances: 0.75, 0.79, 0.85, 0.9 are possible. Else if CRYPTOCAP:SUSHI finds rejection at horizontal then retest of lower supports will happen. Lower supports: 0.65, 0.59
The $USDT/NGN is printing is Bearish Divergence. The RSI is printing a Higher Low and The $NGN Price Action is printing a Higher High Current Price: 904 If the Current #NGN Price cannot remain supported, other Down Supports: 903, 825, 773, 723 Overhead Resistances: 935, 958, 980
Two things could happen! Nov. 2022 shows the current price as an area of major resistance. Price action can continue to reject prices around 825 and retrace to Naira #NGN support areas: 723, 615 OR... Price action can break above the Nov. 2022 resistance around 825 to retest the all time High of between 980 - 1000
BNB's Inverted Cup and Handle Pattern! CRYPTOCAP:BNB is currently in an area of very critical support around 215... If price action remains support around 215, then #bnb will continue in the range between 215 , 282 up to 350. If CRYPTOCAP:BNB binance coin is unable to stay supported around 215 then lower supports: 135, 67 can be tested.
AMEX:ARB currently printing a Massive Falling Wedge along with a possible double bottoming pattern.. Arbitrum price action found its previous bottom around 0.90 in June 2023 Current price: 0.96 Will Arbitrum be able to maintain Support at its previous Bottom? If #ARB is unable to hold support around previous bottom, Next Support is 0.5 If Support at 0.9 is...
Rising Wedges Fall 80% of the time... $Cyber has maintained it's rise to a Height of $9.3 Currently #cyber is in a rising wedge. Previous resistance to break for higher prices is 9.2 If previous resistances is not broken then expect #cyber retracement to supports: 8.2, 7.3, 6.6
FWB:PEPE IN A FALLING CHANNEL Will 0.00000090 remain supported by the channel for higher Prices?
AMEX:ARB broke out of falling wedge to find resistance around 1.28 Currently arbitrum price action has found support around 1.15. #arb needs to remain supported at 1.15 to try for higher resistances: 1.28, 1.43, 1.56, 1.69, 1.81 Else a retest of 0.92 is inevitable! Current Price: 1.20
MIL:BTC So far... Bitcoin printed a massive falling wedge from June 2022 - Jan 2023. Bitcoin price action broke out of the falling wedge in January 2023 to hit the height of $31500 in July 2023. Currently MIL:BTC price action is printing a higher high while the RSI print a Lower High. There's a high probability of #bitcoin retracing as a bearish divergence...
Ripple has a major run up after winning it's lawsuit... Currently CRYPTOCAP:XRP has lost over 60 percent of that pump up! Current price: $0.61 #xrp Price action has remained in a falling wedge. If price breaks out of wedge, Up resistances: 0.63, 0.67, 0.69, 0.71, 0.74, 0.76, 0.79 Else a retest down supports: 0.6, 0.57, 0.55