It has support of 200 EMA, go long you won't regret. Good buying opportunity after long time. Emotion is positive, market not greedy, everything aligning well! Targets are given. Currently breaking ascending channel.
We should always trade with market structure which has been a little down trending and honestly needs a correction for healthy movement of market to rally upwards. One more strong reason for bear market is the "BTC: All Exchanges Estimated Leverage Ratio" is at all time high. And whenever that happens, we see a good/decent amount of correction. Check here...
As explained in the graph, it might break after a heavy momentum
Curve ( CRVUSD) 1 Hour timeframe -> Descending Triangle Chart Pattern. This can be a breakdown level which indicates a lower highs with strong bearish momentum. This crypto was trading above 200-EMA for a while now and ready to make a move downside (For a healthy market to move, it should break 200-EMA as well) It has been taking horizontal support (2.756)...
A short strategy for cryptocurrency HBAR (Hedera Hasgraph) which has tested support multiple times and might break down at any time. A descending Triangle also being formed at 4H timeframe and support on 1H and 30 mins candle. Triangular descending is a strong pattern and results in break down. It has also consolidated well within range in the last 2...
Analysis has been done on 1 hour time frame and the price has approached support zone yet again! It has taken support from the zone 5 times on a bigger timeframe which indicates how strong this zone is for buyers but it must become weak. This results in a make or break situation, where a small pullback is required after sellers dominance or either a complete...
Indicates good buying level if breaks the consolidation phase. This is an analysis that can be triggered anytime when the consolidation box breaks from upward movement, it will give good target. It has taken multiple support and sellers are not able to push the price down. Recently double retest was done on trend line resistance(which became support) and...
BITCOIN ( BTCUSDT ) 30 minutes timeframe -> Inverted Head and Shoulder. A strong buying level when market is consolidating/downtrend. This indicates after long bearish trends, the price falls to a trough and subsequently rises to form a peak. It has taken support also from 20 EMA and a good green candle ready to make a breakout. RSI also supports it. It can do a...
HI GUYS, I'M FIRST TIME POSTING ANALYSIS. Ethereum (ETHUSD) 1 Hour timeframe -> Short formed W. This is a make or break level and indicates a higher low with strong bullish momentum. The neckline of W can be a perfect entry ONLY WHEN price breaks the neckline (Black horizontal line - 3334) with strong momentum which will also result in 50-EMA breaking which...