On October 13th the price broke out from the symmetrical triangle, got rejected at horizontal resistance area, and is now back at support zone. Dynamic support is nearby which is boosting the strength of this area. Given the current trajectory of dynamic support we can see there's still a lot of room so it could take a while until we see an ultimate squeeze in...
The price broke above horizontal resistance and is now testing it as support. It is also being supported by dynamic support (blue). We can spot a falling wedge pattern formed on lower timeframes, and once the price breaks out of it, we can expect further expansion. In case buyers fail to hold current levels, the next area of strong support is around key level...
Today I went over micro caps looking for some decent setups and found this 5,747,918$ market cap coin. The price is currently in the area of previous resistance which is currently acting as support. It is also being supported by 200EMA(which is about to appear tomorrow as it's going to be the 200th daily candle) and dynamic support (orange) Targets: All marked...
The price has formed a symmetrical triangle formation and is now consolidating on key level. If the claim is successful we can expect a move towards the zone of strong resistance next. Entry: possible entries from current price(9.28) down to the lower part of the formation. If average buying those are levels to set buy orders at : 8.33, 7.90, 7.52 Targets:...
I thought I'd just re-post this as a reminder, because everything from the last months publication is still valid. BINANCE:DIAUSDT didn't make it last time. The price left the formation in a sideways movement, which at this point has turned into 2months+ of consolidation on key level/200EMA. It is safe to assume that another breakout attempt will come soon. And...
The price broke previous resistance is now testing it as support. Approaching 200EMA will act as additional dynamic support. Current price levels are laying in the node of low volume which isn't ideal, but not tragic. I marked a possible channel with grey-dotted trendlines, but its bottom trendline doesn't look too reliable so I don't know if it will be respected,...
The price has been consolidating on 200EMA/key level for over 100days. Now as the mid channel support(purple) is coming in, it may have another chance to break above 0.1870 local resistance(red) and 0.2144(macro resistance). In case of a dump we can expect the price to find support somewhere in the zone of demand(green), possibly 0.1341. Entry: buy as low as...
After setting new ATH on September 5th the price has been moving in a symmetrical triangle formation that sits beautifully on the key level (1.14) which is also a node of high volume. All entries inside of the formation are valid, or even below the formation at local levels (green) Targets: 1.13 1.39 1.55 1.65 -- then use upper trendline(green dashed) for...
The price is currently sitting in the area of big support, actually the biggest support confluence since the beginning of this year. Could this mean the next push towards the area of major resistance will actually break it? Very possible, we'll see what happens. You can check out related ideas to see macro view. ------------------------ About DATA: Streamr...
After getting rejected in the area of major resistance the price went down and found support in the area of confluence of many support levels: key level(4.01), 200EMA, dynamic support- bottom trendline of parallel channel (aqua) and some local levels. We can expect another breakout attempt soon. Entry: buy between current price and 200EMA (flexible) Targets: ...
The price recently broke out from bullflag but the pump didn't last long as high selling pressure stopped it at 0.171x(red local level). The price then found support at 0.151x(green local level). Entering at current price isn't ideal as the price is neither at resistance nor at support kind of consolidating between levels, so it would be praying for luck....
After a very soft but steady breakout from multi-month downtrend on Nov 2nd the price entered the zone of strong resistance, where it got rejected and then found support at dynamic support(blue). This area is supported by 200EMA, dynamic support(blue) and a local level (1.26). We can expect more consolidation around 200EMA, so it wouldn't be a surprise if the...
Over the last two months the price has entered and successfully bounced of area of support three times, creating some sort of triple bottom and validating its strength. It is now being supported by a local level (0.3144) and dynamic support(blue). The next expected move is to see the price break above 200MA, get rejected from key level (0.40), than consolidate on...
The price is consolidating under key level resistance. The current level is heavily supported by: 200EMA, dynamic support(orange) dynamic support from previous resistance(blue), local level(0.1889) and node of high volume. Entry: buy between key level and 200EMA Targets: 0.02155 0.02401 0.02558 0.02788 0.03444 0.03718 0.04364 0.05715...
This coin has total market cap of only 34M, probably one of the smallest caps available on binance. I've checked their twitter, and all they do is they literally just keep retweeting some trash, their website is also dead as the last news was posted in April 2021. But who cares, we're here to trade the charts, right? 🤣🤣 The price broke out from the formation and...
The price is consolidating and is being supported by key level, 200EMA, dynamic support and node of high volume. Doesn't seem to care about BTC dump. Although it's better to stay away and do nothing right now unless you're scalping, this might be an opportunity for a quick trade, but because of current market conditions even if the price breaks out we can expect...
After the pump in August YFII has been cooling off for the past 3 months consolidating on key level. 200EMA is now getting close to the price creating additional support, and the price is approaching lower trendline of the channel. On lower timeframes we can see that the peaks are getting shorter and shorter which means the price is soon gonna get squeezed between...
The price is consolidating on 200EMA and key level and soon will be squeezed between dynamic support and resistance lines (orange), being forced to make a move either way. Entry: buy in the lower part of the formation between current price (2.12) and key level (1.98) SL: below 1.82 or 1.63 Targets: TP1: 2.23 TP2: 2.83 TP3: 2.69 TP4: 2.96 TP5: 3.58 TP6:...