Chart Analysis (SAGA/USDT) Published on Oct 10, 2024. The 4-hour chart shows a clear support level at approximately $2.3055 (highlighted with grey boxes), where price has historically bounced off multiple times. The price action suggests a consolidation phase around this zone, with frequent tests of this support level. The recent drop from the $2.7-$2.8 range is...
**fractal pattern**. A fractal in trading refers to a recurring pattern that appears similar across different time frames. In this case, the chart shows two **symmetrical triangles**—one from 2018-2020 and another from 2022-2024—indicating a similar price action happening at different stages of Bitcoin's market cycles. ### Key Fractal Aspects in the Chart: 1....
wing High and Low Identification: The first part of the script should identify and mark the 'swing high' and 'swing low' points on our charts. These are crucial for understanding market trends. 10% Mark from Last Swing High: Once the swing highs are identified, the second part of the script should calculate and mark a point that is 10% below the last swing high....
**Chart Description:** This analysis of W/USDT on a 3-hour chart highlights key support and resistance levels, providing a short-term trading outlook. The chart showcases significant price zones and includes a volume and RSI analysis to support the observed price movements. **Key Features:** - **Support Levels:** The key support level is identified at $0.632,...
**Chart Description:** This analysis of OM/USDT on a 3-day chart illustrates a recent bullish breakout with key support and resistance levels identified. The chart highlights significant price levels and provides a potential future price trajectory, indicated by the red projection line. **Key Features:** - **Support Levels:** Key support is identified around...
**Chart Description:** This analysis of MANTA/USDT on a daily chart showcases a recent bullish breakout with key support and resistance levels identified. The chart highlights significant price levels and provides a potential future price trajectory, indicated by the red arrow. **Key Features:** - **Support Levels:** Key support is identified at $1.742 and...
**Chart Description:** This analysis of ENA/USDT on a daily chart illustrates a potential bullish continuation pattern. The chart highlights a recent uptrend with a predicted future price movement, indicated by the red projection line. The key support and resistance levels are marked to help traders identify significant price points. **Key Features:** -...
**Chart Description:** This daily chart analysis of PORTAL/USDT highlights a descending wedge pattern, a bullish reversal formation that suggests the possibility of a breakout to the upside. The price has been consolidating within the wedge, showing decreasing volatility and preparing for a significant move. **Key Features:** - **Descending Wedge Pattern:** The...
**Chart Description:** This analysis of RNDR/USDT on a 4-hour chart highlights the significant price levels that could dictate future price movements. We observe a well-defined support zone around $9.70, where price has rebounded multiple times, indicating strong buying interest. Conversely, the resistance zone is set near $11.24, aligning with the 0.6 Fibonacci...
This detailed chart a technical analysis of the ChainLink (LINK) cryptocurrency against Tether (USDT) on the Binance platform. As observed, the LINK price movements oscillate between two key market phases: Accumulation and Expansion. Starting from the left, the chart begins with an 'Accumulation' phase – a period where price action is relatively flat and...
HISTORY REPEAT ITSELF Yes, history does often repeat itself in trading, including in the cryptocurrency market. This is because market patterns and trends tend to be cyclical. Here are a few reasons why this happens: Human Psychology: Traders often react in predictable ways to certain events or conditions. For example, a rapid increase in the price of a...
shows that there is a possibility of market decline across asset classes and that in the past the declines have been significant for smaller market capitalization companies. In another leg down, we could see a similar scenario where all the asset classes decline together in lockstep. It is important to note that financial markets are inherently uncertain, and it...
seems we will have another leg down shortly, we broke down the structure.now we will test new zone for few days
The daily chart for SOL shows it is trading at $38.7 below the 50 & 200 exponential moving average after a reject from reclaiming this region early this week. This means SOL will need to break above this resistance claimed earlier; this has been a region SOL has struggled to reclaim on the daily chart. The volume of SOL indicates there are no buy activities due...
if its a bull run then target are mentioned , if not then blind buy zone is there to get in .
if its a bull run then target are mentioned , if not then blind buy zone is there to get in .
the band is in ascending triangle, lets see we can breakout or not