📊 Technical Overview: After a prolonged downtrend and descending wedge, MUBARAK has entered a consolidation range — clear signs of accumulation. The price has now bounced twice off the key support level at $0.003484, forming a textbook double bottom. 📈 Key Bullish Signals: ✅ Strong horizontal support holding at $0.003484 ✅ Double bottom formation within the...
📉 Descending Channels Breaking Into Rallies Every major downtrend since early 2022 has led to a sharp rebound once GALA hit the strong support around $0.012. The current price action mirrors the previous patterns: 🔻 Descending channel 🔴 Strong base retest 🚀 Breakout and rally afterward We're currently testing this same base for the fourth time, and price just...
Hello there, fellow traders! I’ve been taking a close look at Verasity (VRA) and wanted to share an interesting pattern I’ve noticed on the VRA/USDT chart from KUCOIN. This is my first time publishing an idea, so feel free to counter my idea as I am eager to improve. Before diving in, remember, this is not financial advice (NFA) – always do your own research and...