As you can see DODO has popped out of its falling vedge and there was bullish divergence formation on RSI on the daily timeframe. What you think? Share your comments here below. #DYOR
Everyday is a new day and new trading patterns we have to identify because of the market sentiments and fundamentals. As you can price is back in downward parallel channel. The price is at its very critical support. Plus its forming possible double bottom and there is also a hidden bullish divergence on RSI and you can see whenever the RSI is above the yellow line...
Sharing support and resistance area. Its already popped up in 4hr time frame and ready to blast soon in daily as well. #DYOR
Nothing has changed in its price. Price is still trading in its accumulating zone and still moving in its downward parallel channel. It could be forming a cup and handle pattern. By measuring the height of the cup or measuring the height of the parallel channel. The next possible target is the same as mentioned as the next possible ATH. To check this I even used...
As you can see $SAND has broken the downward Parellel channel on daily timeframe and confirming support above the daily S&R.
As you can see there is a CUP & Handle pattern is under formation. Plus Price has just popped up from downward parellel channel. If C&H pattern complete formation and break it from the neckline. Next possible target could be around $42. Note: DYOR
I am sharing support and resistance for $ATOM/USDT. You are smart enough to play this setup with a tight SL be it long or short. Plus as I can see on 4hr there is a continuation of hidden bearish divergence on RSI which is a matter of concern. Personally I will wait for it to confirm support by daily closing above the important support zone I marked for further...
I am sharing $ONE/USDT's support, Resistance, and possible long-term targets. As you can see price is maintaining its upside movement in an upside Parallel channel on a daily and weekly timeframe . Plus there is a symmetrical triangle on the price chart on 4hr and daily timeframe which is bullish and if I measure the size and see the possible target is the same...
I am sharing $AVAX/USDT's support, Resistance, and possible long-term targets. As you can see price is maintaining its upside movement in an upside Parallel channel on a daily timeframe. Plus there is a symmetrical triangle on the price chart which is bullish and if I measure the size and see the possible target is the same as Fib 1.618. Also if you see RSI...
I am sharing LINK USDT's support, Resistance and possible long term targets. As I can there is hidden bullish divergence on RSI in 4hr Timeframe. Plus price is getting support at Weekly trendline. there is also Symmetrical Triangle on price chart. As per the Symmetrical Triangle if it breaks upside then measuring the length the target is same as weekly resistance...
I am sharing resistance and support areas of MATIC in USDT pair and also sharing possible long term targets. I can see there is a symmetrical triangle on RSI which is a bullish pattern. #DYOR