As ETH tested the downtrend line several times, we'll wait till the price find its route. in my opinion, because the first 4h candle that touched the trend line couldn't break the line, so it's showing probably there won't be a breakout.
As I see, there is a probable rise in BNB price. I'll open a long trade (X10) to trade this opportunity. as price falls and reaches the critical points, I'll get ready for a short trading position.
Algo is ready, head and shoulders are formed previously and the neckline is broken. the price retested the neckline and it's ready for a bullish rally! take the chance! BINANCE:ALGOUSDT
entry: 24 TP1: 25.2 TP2: 26.1 ---- SL:23.6
If the scenario goes right, we have 2 main S/R zones which can bother $TRX 's way through the top. The first one is near, it belongs to the 25th of Nov 2018, which is about 10% higher than the current price. and the second one belongs to the 5th of AUG 2018, which is my next stop, and it's about 95% higher than the current price. I'm not in rush, so I choose to #HODL
What a beautiful week to pass. now it's chainLink's Turn to take off! the price had squeezed properly and it broke out of the upper line which is a robust S/R zone. Now the Link is pulling back to retest the breakout zone and continue its way through the target. Link is ready to BOOM!
there are good pieces of news about Telcoin! she once touched the 0.0044$ price level and the price experienced a proper correction. now $TEL can head back to 0.44 and if she breaks out, more options are on the table. targets are defined by fib retracement and resistance zones. *If it was useful for you, I'll appreciate your support by sharing my content. Have good trades
both scenarios are possible. as the price squeezes at 0.44 , we are seeing movements in this area. price formed a triangle and its possible for doge to breaks out upper line and rise to the moon. possible profit for ascending idea would be at least 15% and at it best it can reaches more than 70%.
stellar is facing a good year. the price is squeezed and its ready for a movement. currently stellar is trying to breakout the S/R zone and start a run to $0.55.
as the price broke out of the upper line in previous triangle, which experienced its first touch on sep 2020, its possible for YFII to move up to 3000-4000 price channel. so as price pulled back to $1850-1950, I'll buy some more YFII and wait till it reaches first key resistance level.($2650-2750) I think if the price couldn't break out of the resistance level, it...
as we are reaching 1.1900 resistance bond on top of formed triangle, eurusd is expected to fall on 1.16 support bond.