**Detailed Analysis of RDNT/USDT 5-Day Chart** **1. Trend Analysis** - The chart depicts a **falling wedge pattern**, a bullish reversal signal. - There has been a consistent downtrend with multiple sell signals in the past. - However, recent price action suggests accumulation, with a "Buy" signal appearing at the lower boundary of the wedge. - The stochastic...
Overview The BTC/USDT 2-week chart indicates that Bitcoin has reached a critical resistance zone (~$110K) and is facing overbought conditions based on multiple indicators. There is a high probability of a pullback correction before the next impulsive leg. This analysis identifies key buy and sell zones based on Elliott Wave Theory, Fibonacci retracement levels,...
ETH/USDT Weekly Chart Breakdown 1. Overview of the Chart The chart is a weekly timeframe for ETH/USDT on Binance. Various technical indicators and tools are used, including: Elliott Wave Analysis (Labelled waves 1 to 5, and corrective waves a, b, c). Support and Resistance Zones. Fibonacci Levels & Supply/Demand Zones. Trendlines & Chart Patterns (e.g., Rising...
Key Observations on the Chart: Triangle Pattern: A descending triangle is forming, indicating potential for a breakout. The price is near equilibrium, meaning a strong move is imminent. Falling Wedge Formation (Bullish Reversal Pattern): The pattern near strong support suggests a bullish breakout is likely. Buy and Sell Signals: Buy Zones: Identified near...
1️⃣ Entry Zones (Buying Opportunities) The entry zones are identified based on previous support levels, indicators, and potential reversal points. ✅ Key Buy Zones: Primary Support Zone: $0.01700 - $0.00850 The chart highlights a green accumulation zone (equilibrium area), suggesting this range has been a strong historical support. The stochastic indicator is...
1. **Support & Resistance Zones**: Identifying key levels where price has historically reversed or consolidated. 2. **Head & Shoulders Pattern**: The chart shows an inverse Head & Shoulders, which is a bullish pattern. 3. **Indicators**: - Ichimoku Cloud for trend confirmation - Moving Averages for direction - Stochastic RSI for momentum I'll analyze...
TAO is forming a cup and handle in the 3 days chart. It is currently breaking out of the falling wedge. A break above $682 will send TAO flying to $1,200 - $1,250 in the immediate short time.
TIA is currently at a strong support level and gearing for bullish momentum. Have formed a sweet pattern of higher highs in the long time frame (3-day chart), and we will likely witness a new all-time high in CELESTIA. According to the FIB levels, potential TP prices are: 1) $17 2) $21 3) $33 4) $51 5) $72 6) $85 7) $98 (premium target for this bull run) 8)...
AXS is currently below $10 and will likely hit $20 soon. However, AXS needs to break the falling wedge. The resistances ahead are; $10.94 $12.26 $15.10 $17.79 $20.53 Let's see what happens. Disclaimer: This is not financial advice. Please do your research before taking action.
BTC Is likely to bottom out at $16,380, which is the 1000 EMA on a # days chart. However, if the bulls keep the momentum, we will likely see $28,000 soon. In the immediate short time, BTC is forming a rising wedge on the daily timeframe, which is a bearish pattern; a break below the $19,700 region will see BTC fall to $18100 - $ 16,380. Do not get so excited. Make...
SOL is testing the $33.4 support. If it breaks the support, it will head to the $20 region to find another support. However, there will be a slight recovery to $39. A break above the $39 region will see a heavy rally to the upside. Between $34 to $15 is a perfect accumulation zone for SOL. For proper understanding, watch the video to the end. For more analysis...
BNB TO REBOUND AROUND $185 IF THE DIP CONTINUES The $185 region is the 200 MA line. This will act as support and a good place to buy. BNB will recover very fast. Is a coin to watch after the shake-off. Disclaimer: This is not a piece of financial advice. Just my personal analysis. GOODLUCK ...
BTC is set to hit around $25,000 and will likely bottom out. However, there are chances it will have its candlewick touch around the $23,400 level before settling, and some bullish movement will start to briefly stop around $40,000 (wave 1) and then pull back to the $30,000 region (wave 2) and then proceed a movement to all-time high again (wave 3). Is $100k for...
On the weekly time frame, ETHUSDT is set to go below $2000 and if that happens, the market will bottom out around $1540. The dip isn't over yet. The earliest we get to this zone, the faster the market rebounds. THIS IS NOT A FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH.
BTC has witnessed massive drop over the past few months and has printed six red bearish candles consistently on the weekly chart. From the Monthly chart, BTCUSDT is likely going to bottom out around $23,240. Trade cautiously, the dump isn't over yet. According to the Elliott wave on the monthly time frame, the retracement C is what is playing out now. This is not...
GMT is forming a falling wedge on a 4hrs time chart, which is a bullish sign. Keep eyes on the critical support area of $2.03 region and $1.84 for possible entry. A break above the falling wedge will take us back to $3 will be approximately 50% movement. Like I always advise, do your research. This is not financial advice. Please like and subscribe if this...
GMT has formed a bullish pennant on a 4hrs time frame. We are likely going to see $4 very soon. A break below $2.10 might look bad for traders. Trade wisely, and remember that this is not financial advice. Do your research, and do not forget to like and subscribe if you find this analysis helpful. Thanks.
From my analysis, FTM has completed the retracement movement on a 4hr time chart. It is about to complete the Elliott first wave. After that a pull back might likely take it to $2.6 before we see a retest of the previous all time high. Pals, what is your opinion on FTM movement? Do you think it will hit all time high pretty soon? Feel free to share your insights...