After breaking the neckline of the reverse H&S (marked by the yellow bottom rectangle), XRP successfully reached a high of 0.5486. - At present, XRP forms a triangular convergence, with 0.4225 and 0.5486 as the low and high points, the price is at 0.4707 (0.618), and there is a top pattern (the lightning mark), and the target price will be at 0.4311. If XRP stops...
BTC formed a box (18131~20250), so it was in a consolidation. The current price is around 19000, which is also a key price level (the POC of the front consolidation pattern and the fibonacci support of 0.382). - In the picture, it can be seen that the price is slightly lower than 19028.10, and there are three small rebounds, which means that this range has a...
BNB H&S in August has not yet fallen to the target price of 215.6, and a box is formed between the support range of 253~259 and 300. - Currently BNB is at 275, which is also the neckline range of the H&S. If the price breaks above 275, there is a chance to come to the upper edge of the box again (near 300) and there is a chance to short BNB (the stop loss is set...
With 0.9846 and 0.3162 as the high and low points, the lightning symbol in the chart indicates the reversal pattern of three candlesticks at 0.7293 (0.618). - MATIC has now broken through the downtrend line and appeared in a bull flag pattern, with a short-term target price of 0.9439; the major resistance range is at 0.9846~1.0550. - The target price...
Taking 29.99 and 48.37 as lows and highs, it can be seen that SOL showed an engulfing pattern (yellow) at 37.01 (0.618), and then the price formed a ascending wedge and fell below the trend line and the previous low 29.99. SOL has a chance of continuing to decline, and it is more appropriate to enter the market with an empty order. - Pay attention to the support...
After the second test of support at 1220, a pin bar appeared. While there has been a rebound as a result, it has yet to reverse the bearish trend. It is possible that it is just a step back after breaking the trend line (blue line), and the price has the opportunity to continue to decline. - If ETH closes above the trendline (blue line) and 1356.30, there will be...
From the high point of 1384.41, there was a downward trend, and the lowest came to 1303.76 to stop the decline, and rebounded to the resistance price of 1334.57 (0.618). - ETH has appeared a bear flag pattern. If it falls below the previous low price of 1303.76, there is a chance to come to the support: 1272.95 1253.92 1223.11 - 1220 is a key support price zone....
Four-hour H&S top: After the price fell below the neckline, it tested the support price 0.2109 three times and did not fall below it, forming a box with EMA200. If the price can break through EMA200 and 0.2307, CHZ has a chance to come to 0.2496, which is also the resistance price near 0.2505 (0.618). - Daily chart: If CHZ breaks through 0.2496, there is a chance...
BTC is forming a double top near the resistance trend line. Support price: 19629.70 19104.73 trend line support 18255.00 - The yellow rectangle is the range in which BTC may rebound after breaking below the support trend line. The main support area is around 17580.00. - If BTC forms effective support at the yellow rectangle or 17580.00, there will be a chance of a...
The price came to support 1220 and stopped falling, and then doji and pin bar appeared. ETH is currently in a triangular convergence pattern and should be handled with caution to avoid losses. - Resistance: 1440.63 trend line resistance - Support: 1220.00 1080.00 -
Daily chart: There is still resistance at 20500, 21391.01 and the trend line above. Before breaking these resistances, BTC may continue to show a lower high and lower low trend. The main support price is around 17580. If BTC forms a second bottom here, there is a chance to get out of the double bottom pattern. Target price above: T1:...
The yellow rectangle marks the cup and handle pattern on the daily chart, but after breaking through 1.0166, the price did not continue to rise, but fell below 0.8488, invalidating the pattern. And MATIC presents lower high and lower low. The current price is around 0.7293, where a pin bar has previously appeared and made the price rise (arrow), and the highest is...
BTC appeared two pin bars near 18527.00 and 20000.00, but neither of them reversed the trend smoothly. Instead, the price continued to fall, representing a strong resistance area near 20000.00. - If BTC can break above 20245.35, there is a chance to challenge the downtrend line (blue line). - At present, BTC has fallen below 18527.00, and the inverted cup handle...
After encountering the downtrend line, the lowest price came to 19305.00. A pin bar (arrow) appears at this bottom, and the price of the subsequent k bars also closes above the closing price of the pin bar at 19801.04. Indicating that here is an effective support, and there is a chance to reverse the trend. If the price closes above the resistance range of...
Weekly logarithmic chart (left): After forming a high of 1419.96 in 2018, it fell, and the price got out of the large double bottom pattern and broke upwards, reaching the highest point at 4867.81. ETH is still below the resistance trend line on the weekly chart. Although the price rebounded after reaching the support range of 804.59~1124.23, the highest reached...
After breaking through the ascending trend line, BTC fell back below the trend line due to resistance at 22659.921. And because of the announcement of CPI caused a larger decline (-9.94%). - The downtrend line resistance (blue line) formed by 22800.00 and the previous high at 25214.57 can be watched. - The price rebounded slightly after falling back to around...
Inverted cup handle (curve): It fell from the high point of 307.5 to two tests of 272.3 without falling below 272.3. In the third test, it fell below 272.3. The inverted cup handle pattern was established, and the price reached the support price of 258.9. After that, the price rose above the inverted cup handle high of 292.0, and the type is invalid. - After the...
H&S top: The price broke the right shoulder high of 1722.28, and the pattern was invalid. - H&S bottom: After the current price reached the resistance range of 1759.19~1788.46, it fell back to the support of 1717.54. A hammer line (arrow) appeared at this position, and after a short-term consolidation pattern (black box) appeared at 1717.54, the price broke...