Ripple (XRP) ranks 6th on CoinMarketCap in terms of its market capitalization. The overview of the Ripple price prediction for 2023 is explained below with a daily time frame. In the above chart, Ripple (XRP) laid out a horizontal channel pattern, also known as the sideways trend. In general, the horizontal channel is formed during price consolidation. In this...
📈 BTC Trade Setup: Potential Upside Move Based on SMC Concept 📉💡 🔍 Trade Setup: Entry: $30,260 Target: $30,905 Stop Loss: $30,175 📊 Analysis: BTC is currently trading at $30,495. Based on the Smart Money Concept, consider entering a long position at $30,260, anticipating an upward move. Set the target at $30,905 and place a stop loss at $30,175 to manage...
Technical Analysis: UNIUSDT has been exhibiting a Horizontal Channel Pattern, indicating a period of consolidation within the range of $4.245 and $4.656. This pattern suggests that the price is bound within a specific trading range. Furthermore, a Wyckoff structure has been observed, which adds further significance to the trade setup. Trade Setup: Entry:...
OPUSDT Trade Setup: Ascending Scallop Pattern Indicates Potential Bullish Breakout Introduction: In this article, we will analyze the current trading pattern of OPUSDT on the daily time frame. OPUSDT has been exhibiting an Ascending Scallop Pattern, with the price currently near the breakout zone. A long position has already been initiated, but there is a high...
Render Token (RNDR) Price Prediction 2023 Render Token (RNDR) ranks 55th on CoinMarketCap in terms of its market capitalization. The overview of the Render Token price prediction for 2023 is explained below with a daily time frame. In the above chart, Render Token (RNDR) laid out a horizontal channel pattern, horizontal channel pattern also known as the...
Introduction: We present an in-depth analysis of JSTUSDT, a cryptocurrency that has garnered attention with a staggering 24-hour volume change of 1993.10%. Join us as we delve into potential short-term price movements and a comprehensive trade setup for JST. Pattern Analysis: Our examination of the daily chart reveals a compelling descending triangle pattern,...
Trading Alert: PEPEUSDT Near Key Level - Get Ready for an Exciting Ride! PEPE is currently trading near a critical level, brimming with potential! We anticipate an exhilarating trap move as it breaks free from this level. The current structure of PEPE reveals a compelling pattern of lower lows and lower highs, hinting at an imminent trend reversal. Get ready to...
Baby Doge Coin (BABYDOGE) Price Prediction 2023 Baby Doge Coin (BABYDOGE) ranks 218th on CoinMarketCap in terms of its market capitalization. The overview of the Baby Doge Coin price prediction for 2023 is explained below with a daily time frame. In the above chart, Baby Doge Coin (BABYDOGE) laid out a Horizontal Channel Pattern, Horizontal channel also known as...
Pattern Structure: ETH is currently displaying three distinct phases of the market cycle: contraction, expansion, and the ongoing mark-up phase. This indicates a bullish area in the market. Understanding these phases can help traders anticipate potential price movements and position themselves accordingly. Probability of Move: Considering the completion of...
Litecoin (LTC) ranks 12th on CoinMarketCap in terms of its market capitalization. The overview of the Litecoin Price prediction for 2023 is explained below with a daily time frame. In the above chart, Litecoin (LTC) laid out an ascending triangle pattern. It is the inverse of the head and shoulder pattern. Generally, in this pattern, the price action slides...
Greetings, fellow traders! In this analysis, we will explore a potential trade setup, delve into the pattern observed, and conduct a probability analysis. Stay tuned for valuable insights that can assist you in making informed trading decisions. Trade Setup: Entry: Near Order Block Zone at $27,185 Target: $28,000 Stop Loss: $27,070 Pattern Analysis: BTC is...
Axie Infinity (AXS) holds the 52nd position on CoinMarketCap right now. Axie Infinity price prediction for 2023 is explained below with a daily time frame. The above chart of Axie Infinity (AXS) laid out a descending triangle pattern. The descending triangle is most commonly seen during downtrends and is often interpreted as a bearish signal. The ascending...
Capitalizing on the Right Angled Broadening Descending Wedge Pattern Introduction: In the world of cryptocurrency trading, uncovering reliable patterns can unlock lucrative opportunities. Today, we delve into the hourly chart of Bitcoin (BTC) to explore an intriguing pattern: the Right Angled Broadening Descending Wedge. This pattern's unique structure...
Discover the Untapped Potential of BTC: A Promising Breakthrough on the Horizon!" Attention all traders and BTC enthusiasts! Get ready to embark on an exciting journey in the world of cryptocurrency. BTC is currently hovering around the 27080 level, comfortably nestled within a consolidation phase. But here's the exciting part: beneath this calm exterior lies a...
Binance Coin (BNB) is currently exhibiting a descending channel pattern on the one-hour time frame, presenting an intriguing trade opportunity. Traders can consider a long position with an entry level at 309, a target of 316, and a stop loss set at 308. Trade Setup: Entry: 309 Target: 316 Stop Loss: 308 Chart Pattern Analysis: The descending...
Ethereum (ETH) traders have identified an intriguing chart pattern on the 30-minute timeframe—an ascending triangle pattern. This bullish continuation pattern suggests a potential breakout ahead. In this article, we'll delve into the pattern, outline the key levels, and propose a trade setup for traders to consider. Ascending Triangle Pattern Overview: The...
Pepe (PEPE) Price Prediction 2023 Pepe (PEPE) ranks 67th on CoinMarketCap in terms of its market capitalization. The overview of the Pepeprice prediction for 2023 is explained below with a daily time frame. In the above chart, Pepe (PEPE) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within...
Bitcoin Analysis on the 1-Hour Time Frame: During the recent trend, we observed a buyer trap zone and clear stop-loss hunting. Liquidity started at the 28200 zone and made a low till 25800. We believe this removed many weak buyers from the trend. We also saw good buying pressure at the 25800 zone, indicating a strong reversal. However, we need strong...