The NANO market has a created a horizontal trend channel.
As you can see in the 4-hour candle graph, the resistance line has been tested three times before it broke down(marked with a circle).
We could probably see a price correction when NANO breaks over the resistance(opposite of last time).
Or we could see a similar drop in price.
I would wait for 2 green /...
Looking at the daily graph, there are two possible scenarios of how AARTIIND can be traded.
Both trend channels are valid as the daily candles touch them at least three times.
Scenario 1 - It breaks the wedge into a stronger bullish market.
I would wait for 1 huge green daily candle or a few averaged size green daily candles to cross the trend line. This would...
The NANO bullish market has created a very strong uptrend. I say the words very strong because the resistance line has 4 interactions with the 1-hour candles. The support too has 4 interactions with the 1-hour candles.
Related to my last post on NANO, you can see NANO breaking the wedge and entering a bearish market. With this strong uptrend do we see the road...
Looking at the 4-hour candle graph, there are two scenarios of how ETH can be traded. We can see higher lows and lower highs being formed in this chart. When such a pattern is seen, a wedge is formed. At the vertex of the wedge, ETH can either drop or increase.
The resistance line is valid as the 4-hour candle touches it thrice. However, the support line is not...
Similar to my previous post on CARDANO, there are two possible scenarios(Descending Triangle):
Scenario 1 - It falls below 4.80 USD.
For this scenario, the 1H candles need to drop below 4.80 at the vertex. This could possibly make 4.80 the new resistance.
Scenario 2 - It bounces from 4.80 USD to possibly break past 7.60 USD.
For this scenario, the 1H candles...
Here are the two possible scenarios:
Scenario 1 - It falls below 1 dollar.
For this scenario to be confirmed / valid, we need the 1H candle to drop below the last low(1.00 USD). In this case, 1.00 USD could possibly become the next resistance.
Scenario 2 - It bounces back from 1.00 USD to possibly 1.50 USD or higher.
For this scenario to be confirmed / valid,...
