afktraders

afktraders

Based on the updated chart for Hedera Hashgraph (HBAR), the token is currently touching a strong horizontal support level around $0.0491, following repeated touches on this line over the past few months. The formation suggests that HBAR may be poised for a potential reversal toward the upper boundary of the ascending channel, aligning with the projected resistance...

afktraders

In the ever-evolving landscape of cryptocurrency, Cardano (ADA) recently demonstrated significant price movement by breaking through a key resistance level. This breakout was followed by a retracement, where the price dipped back to a crucial support level, indicating a potential rebound.

afktraders

The inverse head and shoulders pattern is a widely recognized bullish reversal pattern in technical analysis. For ADA/USDT on the chart, this pattern could indicate a potential trend reversal from a downtrend to an uptrend. The pattern typically consists of three troughs, with the middle one (the head) being the lowest, and the two others (the shoulders) at a...