After the last drop, many altcoins seem to form a double bottom pattern in the DAILY time frame and $MKR is one of them. In addition, positive divergence is also observed in the RSI. With the breakdown of the neck, which is the first red line, the $3100 and $3350 levels will be the target. The trade should be stoped with closes below the green zone. Son...
After breading the downtrend, BTC continued its downward movement by holding on to the falling trendline. On the fundamental analysis side, both the news of the increase in interest rates and the resignation of the government in Kazakhstan, which plays an important role in BTC mining, continue to pressure the price downwards. On the technical analysis part,...
The price is in the decision phase just below the downtrend. After the breakout approval of the downtrend or / and green areas are good for a long trade. The red lines are resistance zones and are suitable to take profit. Fiyat düşen trendin hemen altında karar aşamasında. Kırılım onayı alındıktan sonra veya yeşil alanlar alım için fırsat noktasıdır. Kırmızı...
I have shared my AVAXUSDT expectations before and the price continues exactly as I expected. When we look at the BTC parity, possible Cup and Handle Pattern targets are written in dollars on the chart and supports my expectations on AVAX/USDT. I will carry my long position to the targets, which I entered from $100 ish band. Good luck to everyone in their...
It will be useful to follow altcoin dominance while following the price movements. Descending wedge is broken and the dominance clings to the support. Its rise to green striped levels will show itself as an increase in altcoin prices. Altcoin fiyat hareketlerini takip ederken dominance da takip etmek faydalı olacaktır. Altcoin dominance düşen kama kırılmış ve...
Looking at the daily time frame of $IOTA, the ascending trend from March 2020 still continues. Apart from that, as of April 2021, the price continues to form lower tops and the symmetrical triangle pattern continues to form. In the medium term, my expectation is, after an upward breakout that the price will raise to the level of $3. In this case, red lines appear...
The ongoing downtrend breakout from the ATH level took place and tested the trend right in the support zone. Price has been accumulating between $46k - $52k for the last 3 weeks. With the New Year, I expect the price to rise upwards and reach into the $57k $59k band once $52,000 exceeded. The areas lined in green are the support areas, and the red zone and lines...
Inverse Head and Shoulders Pattern is likely to occur on the ATOM 4-hour time frame. Its target is $45 - $55, and $55 - $65 levels will likely be the top of the formed Rising Wedge. From these levels, I expect the price to retrace as indicated by arrows on the chart. The areas marked in red are the resistance zones and are suitable for taking profit. ATOM 4...
It is unclear what BTC will do, so it is risky to open a long trade right now, I will use the Inverse Head and Shoulder Pattern as an opportunity to open a long trade, which might form at the bottom, if the prize drops between $1.40 - $1.50. Even though the formation target is $2.11, I set $2 resistance level as my target. Good luck to everyone in their trades....
With the daily close, the price broke out of the ascending channel that has been going on since July. If the price clings to the green support area and the Falling Wedge works, I think it might be possible for the price to re-enter the ascending channel. Günlük kapanış ile fiyat Temmuz ayından süregelen yükselen kanalın dışına çıkmış oldu. Fiyat yeşil ile...
As seen on the chart, the price is at the end of the symmetrical triangle pattern. My expectations for the breaking of the triangle upwards or downwards are as drawn by the arrows. Grafikte görüldüğü gibi fiyat oluşan eşkenar üçgen formasyonunun sonunda. Aşağı ve yukarı kırılımlar için beklentim oklarla çizildiği şekildedir.
The green zone is the support and an opportunity for buying. I think the price will start an upward movement with the breaking of the ongoing falling trend from the ATH level. Red areas will appear as resistance and are suitable to take profit. My first target in the short term is $329. Yeşil bölge alım için uygun destek bölgesi. ATH seviyesinden süregelen düşen...
Considering the possible Head and Shoulders pattern, I expect price to reach to the red resistance zones. With a 4 hours closing under the green zone the trade should be stopped. Olası Omuz Baş Omuz formasyonu göz önünde bulundurularak yeşil bölge altı stop ile fiyatın kırmızı direnç bölgeleri sırası ile denemesini bekliyorum.
I wanted to share the chart even though the price is a bit over the buying price, which is $27 due to the Bullish Gartley Pattern on the NEO daily chart. I expect the price to move to the upper band of the falling channel lined in blue and reach TP1 $39, TP2 $49 levels, which are the Gartley Pattern target areas drawn in red. NEO günlük grafikte oluşan Gartley...
ETH dominance, which is important and leading for altcoins, rose to 22.30% and made throwback to 20% level. Now I expect ETH dominance to rise up to 25% and with this rise, ETH and other altcoin prices will react upwards in the coming period. Altcoinler için önem taşıyan ve liderlik eden ETH hakimiyeti 22,30% lere yükselip yaptığı geri çekilme ile 20% seviyesine...
Looking at the SXP daily chart, the green zone appears as a buying area. With the breakdown of the ongoing downward trend from May, the price will try to pass the red areas in order. It should not be forgotten that these red areas will appear as resistance and are good areas to take profit. Looking at the shorter time frame (4 hours), the $2 level seems to be the...
There is a possibility of Adam & Eve pattern drawn in red. Breaking of $1.3918 would set the Adam & Eve target at $1.8078. This level is also the D point of the potential Bat Pattern. When the price comes to the D point and the Bat is formed, Fib 0.382 and 0.618 levels are the retracement zones. In summary, my expectation for the price is to first increase to...
If we consider the one drawn in blue as the Flag Formation, it seems possible to see ATH with 175-180. Apart from that, possible Inverse Head And Shoulders pattern drawn in purple will move the price to the 140 - 147 band. The green lines - areas will appear as support, and the red ones as resistance. Mavi ile çizileni Bayrak Formasyonu olarak düşünürsek...