ADAUSDT is currently trading within an ascending channel pattern. This pattern is characterized by an upward sloping support line and a parallel resistance line. According to Plancton's rules for long positions, a breakout from the resistance line could signal a potential bullish continuation. Traders following Plancton's rules would closely monitor the price...
MASKUSDT is exhibiting a consolidation phase, indicating a potential breakout opportunity according to Plancton's rules for long positions. During this consolidation phase, the price of MASKUSDT is trading within a defined range, showing limited volatility and a lack of clear directional movement. Traders following Plancton's rules for long positions would...
INJUSDT is experiencing a significant test of the daily resistance level around the $7.6 area. This means that the price of INJUSDT has reached a point where it has historically faced selling pressure and struggled to surpass this level. If the price manages to break out above the daily resistance at $7.6, it would align with the trading principles outlined in...
USOIL on the 4h chart has reached the weekly support around the 67 area. The market dropped from 75 with a series of lower lows lower high. According to Plancton's strategy IF the market will break above the minor resistance we can set a nice long order.
Nasdaq on the 4h chart after the test of the 12800 support area created an impulse to the upside. The price tested the 0.618 Fibonacci level and in this premarket hours is retesting the 13300 zone. According to Plancton's strategy IF the price will break above we can set a nice long order according to the MTB strategy rules.
RUNEUSDT, After receiving a fresh infusion of liquidity from the Weekly support level, the price is now being tested against the daily dynamic support. This pivotal moment is attracting the attention of traders and investors alike. The daily dynamic support represents a crucial level that indicates the ongoing strength of the market's upward momentum. By...
EURUSD on the 4h chart os moving as expected. The price after our previous idea dropped in below the support in a series of lower low lower high. Currently the market is testing the 1.07000 round level and over a minor support. According to Plancton's strategy IF the market will break below we can look for a bearish continuation.
USDCAD on the 4h chart after the test of the ascending trendline at the 1.33500 started a move to to upisde. The price retraced exactly at the 0.786 Fibonacci level over a daily support. Currently the market is testing an upper structure and according to Plancton's strategy IF the pair will break above we can set a nice long order.
GBPUSD on the 4h chart after the recent high started a lower low lower high move. The price broke and retest the structure at the1.26300 and move to the 1.24000 weekly support. After a bounce over it the market is now looking for a new test of the lower area and according to Plancton's strategy IF the pair will break below we can set a nice short order.
AUDCHF on the 4h chart after the recent low retraced to the previous resistance area at the 0.60500 zone. The market is currently testing the 0.59600 support structure and a break of it could mean an increased pressure of the sellers strength. According to Plancton's strategy IF the price will satisfy the conditions we can set a nice short order.
AVAXUSDT is testing a key level around the 16.55 $ area, which is significant because it has acted as both support and resistance in the past. The market has lost the dynamic support level and has now retraced to the 0.382 Fibonacci level. This is an important level for traders as it can indicate a potential reversal in the trend. If the price of AVAXUSDT fails...
EURUSD on the 4h chart is moving in a range between 2 structures. The price in fact is bouncing from the lower support qat the 1.09500 and the upper resistance at the 1.10800. EURUSD is in a bullish trend since from a few months but at this stage some retracement can be expected. According to Plancton's strategy IF the price will break below we can set a nice...
Firstly, the long-term downtrend is evident in the price action, and the break below the parity level is a strong indication of a bearish sentiment. After the break below 1.0000, the price retraced to the 1.0100 area for a retest, which was expected as per the technical analysis principles. However, after the retest, the price started to form a series of lower...
ANTUSDT is a cryptocurrency pair that has recently experienced an exciting development in its price action. After a period of consolidation and declining prices, the market witnessed a breakout from a falling wedge pattern. This breakout occurred when the price surpassed the upper boundary of the wedge, indicating a potential reversal in the downward trend. One...
RUNEUSDT offers traders the opportunity to engage in speculative activities within the cryptocurrency market while minimizing exposure to volatile price movements. In terms of technical analysis, recent market trends indicate that RUNEUSDT has been testing a crucial support level. This support level has proven to be a significant barrier for price decline, acting...
VETUSDT is currently undergoing an interesting phase as the price tests the demand zone around the $0.019 area. This level represents a critical region of support where buyers have historically shown strong interest in purchasing VET at this price range. The testing of the demand zone suggests that there is a significant amount of buying pressure at this level,...
SP500 on the daily chart after the test of the support area at the 3850 started an impulse to the upside. The price creates a distribution phase between the highs and the 0.382 Fibonacci level over the 4050 daily support area. Yesterday the price broke above and according to Plancton's strategy IF the market will retest the support area we can move to the 4h chart...
EURJPY on the 4h chart after the slow retracement took the liquidity over the equal lows at the 146.500 zone. The price is trading in a descending channel tested the lower trendline and moved to the upside. Currently, the market is moving to a daily structure and according to the Plancton's strategy IF the price will break above we can consider a nice long order...