MhdRoyaltrade

MhdRoyaltrade

Ladies and Gents After breaking out of a crucial zone which now has turned into support after retest, Bitcoin Cash will be trying to test the confluence of ATH and ascending trend line's top once again. The green trendlines now act as dynamic supports. We will update this pair in a couple of days to see if ATH breaks. Have A NICE WEEKEND eveyone.

MhdRoyaltrade

My fellow Traders Encountering an important resistance zone, this pair is trying to test the tops of the ascending and descending trend lines above. The blue levels could serve as midterm targets provided that the resistance zone is conquered. We need to wait for the weekly candle though. Goodluck everyone.

MhdRoyaltrade

Hello Traders Having gained the benefit of 2 strong support zones, Chainlink is once again trying to break out the descending channel. The previous top levels would be less we can expect after a successful breakout. Stay Prolific everyone!

MhdRoyaltrade

Hello Traders What a week for stellar it was, now it needs to stay above the broken trend lines, which does not seem far fetched because of the important levels now below the price. Have a fruitful weekend.

MhdRoyaltrade

Hello Traders It seems that Litecoin has managed to get back inside an ascending channel after forming a double bottom pattern, with major and minor supports it is now looking to test the channel's top once again.

MhdRoyaltrade

Hello again Traders! it seems to me that a complex correction pattern is happening for ada/usdt in 2 hour time frame. As can be observed there is a descending channel in which the price is fluctuating, plus a very important support zone at aound 0.16 has been lost. Therefore, I believe after a retest of the mentioned zone a short position can come in handy ;) ....

MhdRoyaltrade

Hello Traders! After a 5 leg impulsive move to the top of the ascending channel, we can expect a correcting move to the shown fib levels or the main support area. if you are entering this swing trade position make sure to consider a stop-loss since wave 5 of the upward move might extend even higher! After all, there is no reward for those who don't take the risk...

MhdRoyaltrade

Hello Traders! If we take a look at the daily chart for this pair, an impulsive move followed by a complex correction pattern (WXYXZ) can be detected. Based on the Eliot waves theory and the associated fib extension levels I am predicting the correction to be finalized at the labeled price (3.719), which can be a perfect entry point for long positions (futures...

MhdRoyaltrade

Hello Crypto Traders As it is clear in the chart we could possibly be following a Running Flat Correction Pattern (ABC). Based on Eliot waves theory there are 2 potential targets for the B leg of this pattern, either 1.236 extension fib level or 1.361. if this is the case (and based on the volume I believe it is) we must see the targets depicted for leg C as...