The chart pattern shows a strong support level and bottom formation. This, combined with a 4-hour Bullish Divergence, indicates that XAI/USDT has significant potential for an upward price movement.
The red line on the "Range Volume Profile" indicates a significant level. If the price falls below this line, we could see the ETH price decline to around 2,700-2,800 USD as the first target. And if the market keeps going down price will head to 2,400 USD as the second target although reaching this level is not guaranteed.
Support is identified at the 6.6 USDT price level. The breakout from the significant chart pattern is currently manifesting as a bullish flag pattern. The anticipated target price stands at 9.4 USDT.
In this situation Clearly, Bitcoin price is likely to continue falling towards around 54,000 USD. This conclusion is supported by the appearance of a Rising Wedge (bearish reversal pattern), resistance at 67,000 USD, and the emergence of Bearish Divergence in MACD. However, this is a risk, and don't use my trading idea accordingly, because my idea may not be...
In this analysis, I've identified a Bullish Flag Pattern, indicating a continuation of the upward trend, with a Pennant Pattern nested within it. This configuration suggests a potential upward movement in the price. And the target price at around 73,000USDT. However, this is a risk , and don't use my trading idea accordingly, because my idea may not be accurate...
Continuing from my last BTC prediction, it appears that a retest of the major chart pattern is necessary before the price can resume its upward trend. Therefore, a slight downward movement is expected. However , this is a risk, and don't use my trading idea accordingly, because my idea may not be accurate all the time, as well as it may not match your trading...
SOL/USDT Analysis: Observing the Current Chart Pattern There are indications that SOL's price is likely to experience downward movement in the near term. It is expected to drop to around 150 USDT, with the EMA 200 acting as a notable resistance level. Traders should remain vigilant and closely monitor price movements for potential entry and exit points.
Looking at the chart pattern, it seems like BNB's price is set to drop to around 560 USDT.
In my previous idea, the price of BTC rose as expected. Now, I've identified a continuation pattern indicating a potential upward movement, with the Ichimoku Cloud acting as support. However, this is very risk because it have Bearish Divergence in MACD Historical on 1H timeframe. (I trade in 1min timeframe)
A bullish chart pattern suggests a potential price increase for BTC . If the pattern plays out, we could see a move towards resistance at around 69,600-70,000 USDT. However, be careful as my trading idea may not be accurate. I am simply implementing what I have learned about chart patterns. If you're wondering why my Risk-Reward Ratio (RRR) is 31:1, it's because...