elfabiiani

elfabiiani

Technical Analysis of WAGYUUSDT (June 21, 2024) Main Trends: Descending Channel: The price has been moving within a descending channel but has now broken out of this channel. Support and Resistance: The support zone is around 0.0013976 USDT, while the main resistance is at 0.0020756 USDT. Technical Indicators: Volume: Increased volume on the breakout from the...

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Technical Analysis of Harmony (ONE/USDT) by Blaž Fabjan The chart of Harmony (ONE/USDT) shows a falling wedge formation, indicating a potential trend reversal and possible price increase. I will analyze various indicators and identify good entry and exit points for intraday and swing trading. Indicator Analysis Volume: Currently, the volume shows a slight...

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Technical Analysis of KAS/USDT (4-Hour Chart) by Blaž Fabjan The chart displays a falling wedge pattern, which is typically a bullish formation, indicating a high probability of an upward breakout. Indicators: VMC Cipher B Divergences: This indicator shows bullish divergences at multiple points, supporting the possibility of an upward breakout. RSI (14):...

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I am expecting that on the blue circle on the chart is the great opportunity for a massive breakout towards higher price for Harmony one. My idea is to go on for a long position, immediately.

elfabiiani

Technical Analysis: Current Price: $64,270 Trading Pattern: Falling Wedge Support Zone: Strong, around current price level Resistance Zones: First Resistance: $65,500 Second Resistance: $70,000 Trade Plan: Entry Point: Given the bullish sentiment and the formation of the falling wedge pattern, a strategic entry for a long trade is recommended. An ideal...

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In this technical analysis, I delve into the price action of Ethereum paired with USDT, utilizing various chart patterns and key support and resistance levels to inform potential trading strategies. Through meticulous observation, we identify the emergence of both a rising wedge pattern from a broader perspective and a more recent formation of a falling wedge...

elfabiiani

In this technical analysis, I delve into the price action of Ethereum paired with USDT, utilizing various chart patterns and key support and resistance levels to inform potential trading strategies. Through meticulous observation, we identify the emergence of both a rising wedge pattern from a broader perspective and a more recent formation of a falling wedge...

elfabiiani

Hello, Today I'll look at the BTC/USDT chart pair on Binance in the 4h timeframe. The demand zone is around $15850, and the supply zone is sitting around $16770 (previous supply zone was around $18K). From the long-term timeframe, I can spot the Falling Wedge trading pattern coming from a downtrend, and from the short-term time frame, I can see that the Ascending...

elfabiiani

Hello,  Today I will take a look at the ALGO / USDT pair on Binance in 4h timeframe. Algorand (ALGO) is today trading at $0.21, and we can see that it is in a downtrend (bearish momentum). According to historic price levels, the expected demand zone is at approximately $0.20. The supply zone is sitting around the price of $0.25. I can see that we are inside a...

elfabiiani

Hello, Today I will take a look at the XRP / USDT pair on Binance 4h timeframe. The demand zone is around $0.37 (the strongest around $0.35), and the supply zone is around $0.39. I can spot the falling wedge trading pattern, which normally results in an uptrend movement if it comes from an uptrend direction. $0.37 is a good buy setup. I expect the first target to...

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Hello, Chiliz is associated with football fan tokens, and before the start of the FIFA World Cup in Qatar in 2022, the price was moving in an uptrend direction, and most of us expected some bullish movement to continue. The FIFA World Cup 2022 began on November 20, and the price of Chiliz was around $0.24 on that date. From November 20th, the price began to fall...

elfabiiani

Hello, Today I will take a look at ETH / USDT pair on Binance in the 4h timeframe. Ethereum is right now trading at $1250. The demand zone is sitting around $1100, and the strong supply zone is around $1250. Even if we had a few days of slightly upward movement, I believe a pullback will occur and the bearish cycle will continue to be strong. I can spot the...

elfabiiani

Hello, Today I will look at the BTC/ USDT pair on Binance in the 4h timeframe. The demand zone is sitting around 16K, and the supply zone is around 17K. I can see that the descending triangle is formatted, and I am expecting that the price will go downward from its current position. I am expecting a downtrend, bearish movement, and the price of Bitcoin to go down...