cashback-ventures

cashback-ventures

The ENA/USDT daily chart shows a potential pullback scenario to a significant upward trendline support before continuing the bullish trend. The current structure suggests healthy consolidation after the recent rally. Key Observations: Trendline Support: The green upward trendline has consistently supported the price since the beginning of the uptrend, indicating...

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The WLD/USDT daily chart appears to be forming a potential Head-and-Shoulders pattern, a bearish reversal signal. This suggests a possible price decline toward the key trendline and support zone. Key Observations: Head-and-Shoulders Formation: Left Shoulder: Formed during the initial rise. Head: Peak of the recent rally. Right Shoulder: Currently forming,...

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The ARKM/USDT chart suggests a potential pullback toward a key support zone, following recent price rejection near the upper Bollinger Band. This analysis focuses on the consolidation phase and potential trend continuation. Key Observations: Trendline Support: The green upward-sloping trendline has acted as consistent support, aligning with the overall bullish...

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The price chart suggests a potential Double Bottom pattern forming around the key support level of 86,000. This pattern is a classic bullish reversal signal, indicating the possibility of a trend change from bearish to bullish. Key Observations: Support Zone: The area near 86,000 has acted as a strong support, marking the lowest point in the current...

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The chart suggests that ENA/USDT is currently in a potential accumulation phase, with price hovering around a key support zone on the weekly timeframe. This may indicate a possible bottoming pattern, setting the stage for a bullish reversal. Detailed Analysis: Support Zone: ENA/USDT is trading near the highlighted green support area around the $0.16 - $0.20...

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The chart indicates a possible bullish setup for AXL/USDT on the daily timeframe. The price is currently testing the support zone between $0.46 and $0.56, suggesting a potential entry point for a longer-term upward move targeting $2.1. Detailed Analysis: Price Structure: AXL/USDT has been in a downtrend, followed by a consolidation phase near the support zone at...

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The chart illustrates a potential Elliott Wave structure unfolding for SAGA/USDT on the daily timeframe. Currently, the price has dropped to the support zone of $1.6 - $1.7, suggesting the end of Wave 2, marking a potential entry point for a bullish move. Detailed Analysis: Elliott Wave Structure: The potential Wave 1 reached approximately $2.58, indicating...

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The NKN/USDT chart on the 4-hour timeframe is showing a bullish trend supported by a rising trendline, indicating a series of higher lows. The price is currently approaching a critical resistance zone around 0.0794 USDT, a level that has rejected upward momentum in previous attempts. Analysis Trend: NKN is in an uptrend, confirmed by the upward-sloping trendline...

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The BTC/USDT pair on the 1H timeframe shows a classic Elliott Wave cycle, with Wave 4 appearing to have been completed and Wave 5 potentially about to start. Technical Analysis: Elliott Wave: According to Elliott Wave Theory, after Wave 4 (a corrective wave) completes, the market often enters Wave 5, which is usually the final bullish wave before a larger...