Mohammad-Elias-Sajjadi

Mohammad-Elias-Sajjadi

It seems that a flag pattern has been formed. If the pattern works, Cardano will cost over $3. The volume in the pattern has decreased, which is a good sign, but it's better to be careful and wait for the price to cross the resistance.

Mohammad-Elias-Sajjadi

A falling wedge pattern seems to have formed on the chart, reducing the volume of trades, which increases the likelihood of a pattern. If the upper line of the pattern is broken with a high volume, the target price will be 0.3515.

Mohammad-Elias-Sajjadi

There seems to be a falling wedge in the EOS chart, do you think the pattern works?

Mohammad-Elias-Sajjadi

The right shoulder of the pattern is slightly lower than the left shoulder, which in my opinion doesn't detract from the value of the pattern.

Mohammad-Elias-Sajjadi

A broadening wedge is formed in the Luna chart, which is not good at all. There is also a divergence in the RSI, which increases the probability of Luna falling.

Mohammad-Elias-Sajjadi

The trendline is broken and the price is in a strong resistance area, I think we should be careful here and wait for the price to come out of the resistance area.

Mohammad-Elias-Sajjadi

The volume didn't increase when the bottom line of the descending triangle broke. Let's see if the trend line is broken or not, if it's broken, that's a strong signal to end the uptrend.

Mohammad-Elias-Sajjadi

Do you think the descending triangle works? Does it break from the top or from the bottom? Be careful when the lines of the triangle break, the volume should increase.

Mohammad-Elias-Sajjadi

Bitcoin broke the uptrend line. Do you think the uptrend is over or is this a fake breakout? In most cases, breaking the trend line is often one of the best and fastest tend change warnings, said John J.Murphy in his book Technical Analysis of the Financial Markets.