Apparently Ada's forming a falling wedge pattern on the chart. I've drawn the support and resistance lines on the chart so you can have a clear and better idea of the price trends.
It seems Bitcoin is forming a triangle pattern (the blue solid lines) on its chart. we may see a short-term upward move from around 20k and retest around 21k again. be careful.
Ada has formed a double bottom pattern in 1h time frame. if it break up its blue dashed resistance, we can expect the price to hit the first green bullish target on the chart. fails and loses its green support line, we may head to the red bearish target on the chart ---------------------------------- I appreciate your support in any form such as...
Bitcoin is struggling to remove a crucial bearish trend (the orange one) if it succeeds, seeing the higher targets (the blues) makes sense. if it fails to break up and stabilize itself there, it might end up a strong rejection and breaking down the strong green support zone. in this case, we could expect to see the bearish targets (the red ones).
I published an overview of Bitcoin chart over a month ago but not here in TradingView as an idea. I decided to republish that as an idea to help track the price easier and quicker than already. hope it gives you a clear idea where we're now, where we could get in the rest of days and months of 2022. ---------------------------------- I appreciate your support...
Bitcoin broke down an important support line (the purple line on the chart). but still it's in a local support zone which can make this breakout a false one. in case of missing the green support zone displayed on the chart, we can consider the 2 targets (the blue boxes on the chart) on its way towards bottom. let's keep hope alive.
I'm imagining 2 scenarios for the next likely drop. what's your opinion? please write your view in the comment section below.
Bitcoin broke down its crucial support which already strongly supported the price 3 times. it can be an ominous mark for bulls. in case of more drop, I determined the potential target zones on the chart. let's wait and see how it plays out. ---------------------------------- I appreciate your support in any form such as sharing my ideas with others on social...
Cardano/Ada has formed a triangle, showing resistance to drop unlike most of altcoins. it seems supper bullish and ready to rally towards $0.62. We have to wait and see.
Bitcoin after breaking down its ascending trend-line (dashed one) it's highly likely to move downward and touch its target box showed on the chart. the first box ranges from 23800 to 24000 the second box from 23400-23600 the second one is kind of more important as it acts like a neckline for a double-top pattern. missing that could end up breaking the...
Ada's correcting. its potential bearish targets have been shown on the chart.: a zone ranged from $0.53 to $0.54 and in case of losing this zone, the strong support line of $0.52 is one view I appreciate your support in any form such as sharing my ideas with others on social medias, leaving kind and heartwarming comments, donation, and etc. If you...
As we expected 2 days ago when Eth breaking its resistance up, now we are moving towards the specified targets back then. likely targets have been shown on the chart: The first target zone from $2,090 to $2,180 The second target zone from $2,380 to $2,450 ----------------------------------------------------- I appreciate your support in any form such as...
Apparently Ada is forming a triangle in 1h timeframe. the higher target could be around $0.546.
It's likely that Bitcoins is being ready to test the $25,200 resistance line again by making a wedge pattern. let's wait and see
As we expected from yesterday and a couple of days ago, we're getting closer to +25k resistance line. soon we notice: if it's gonna be rejected and drop to +23k or it's gonna break up toward a zone from 26830$ to 28300 $.
ETH just broke above its triangle pattern. the next resistance zones could be: zone 1 from 2090 to 2180 zone 2 from 2380 to 2450
Doge is in a beautiful triangle. it can touch its major resistant at +0.074$. I take a spot trade there. if the price got rejected from that resistant line, we can take a short position from 0.074 towards +0.065.
Like Bitcoin, Ada also formed a neat triangle which its ceil (around 0.56 $) could be a reasonable target for spot traders.