HOOKUSDT is currently trading within a downtrend channel, with price approaching the potential bottom of this range. We anticipate a possible reversal from this area, making it an opportunity to begin gradual accumulation. The plan is to start buying in the weaker accumulation zone and, if the price drops further, add more at the stronger support level. This setup...
Hello everyone, In this analysis, we’ll look into the ongoing downtrend for HMSTRUSDT and explore our plans as it approaches a critical support level. We aim to capture potential accumulation opportunities while keeping both short- and long-term targets in view. Let’s break down the outlook: Currently, HMSTRUSDT remains in a steady downtrend, but as the price...
Hey everyone, I’ve put together this comprehensive BTC market analysis for those eager to understand the likely progression following the recent market surge. This deep dive will cover the full expectations for the extended leg of wave 5, breaking down each subwave for clarity. Let's dive in! This analysis explores the anticipated trajectory of wave 5 and its...
MEDUSAUSDT remains in a strong downtrend, with price recently breaking below a prior accumulation zone, turning it into a supply area now acting as immediate resistance. Our strategy is to wait patiently for a rejection in this zone to consider a short position, or to enter a long position aiming to target this critical area. Close monitoring of this zone is...
EGLDUSDT is approaching a strong demand zone that has consistently triggered significant price reactions upon previous tests. We anticipate a potential bounce from this area, making it suitable for accumulation. Target levels are marked on the chart, with a stop loss in place to mitigate risk.
SXPUSDT is showing signs of a potential falling wedge formation, with price breaking above the setup near the $0.3 level to reach a temporary high around $0.6. Following this, the price has begun a pullback, retesting the trendline of the falling wedge. The current bounce indicates a reaction at a major support level, presenting a favorable accumulation...
AEVO/USDT recently broke out from its main downtrend trendline and completed a pullback, showing a strong bounce. The current price action suggests the potential formation of a double bottom pattern, which could signal a bullish reversal. Our plan is to accumulate at the identified buy-back zone, as this area offers an attractive entry point with a favorable...
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Oneusdt is displaying a double bottom pattern following a substantial correction, signaling a potential major reversal. Moreover, the price has recently breached above a significant downtrend trendline and is maintaining stability above it. The designated re-accumulation area presents a favorable buying opportunity. Target levels have been indicated on the...
ZACKUSDT has broken down from a descending triangle pattern, with a pullback testing the neckline zone. The plan is to follow the downtrend toward the projected target, as indicated on the chart, with potential for buying accumulation at the final setup zone. This chart illustrates a continuation pattern, supporting a bearish outlook until target levels are reached.
ZeroLend faced strong rejection at its previous all-time high, triggering a sharp decline that appears likely to continue until the prior bottom is retested. The key demand zone, highlighted on the chart, presents a favorable buying opportunity should the price reach this level. All relevant technical details are outlined on the chart.
RenderUSDT is displaying a classic cup and handle formation, with the price breaking decisively above the neckline and showing strength in holding this level. A recent pullback tested but was rejected from the immediate demand area above the neckline, establishing this zone as a strategic accumulation point. The final target for this setup is indicated on the chart.
1000BONK/USDT is consolidating within a bullish pennant, indicating potential continuation of the upward trend. Accumulation is recommended within the current price range, with a targeted breakout signaling a possible rally to the final setup target. The conservative stop-loss level is set just below $0.015662 to manage downside risk in case of invalidation.
SPACEUSDT initially formed a rising wedge upon listing, which broke down as the price trended downward until reaching $0.645 a potential temporary bottom, confirmed by a double bottom pattern signaling reversal. This level is expected to hold, with immediate resistance at $2.1. A break above $2.1 could open significant upside potential.
DOGEUSDT is showing signs of forming an Adam and Eve pattern, which could lead to a significant uptrend. Doge accumulation should be consider towards the Buy Back zone as a good area to enter positions. In case of a breakout above the local resistance area on the chart, buying the pullback to this area might offer an opportunity, as it could turn into a massive...
NeiroETHUSDT is currently trading within a potential symmetrical triangle formation. Our immediate focus is on the supply zone, which is expected to push the price down towards the buy-back zone. If the price manages to break above this supply zone, we will look to initiate buying on a pullback, aiming towards the upper trendline of the pattern. Target areas...
GALAUSDT concluded a significant bearish descent, completing 5 legs, and is poised for a potential corrective ABC phase, aiming upward. Our plans involve entering the market for the uptrend ride. Consider acquiring some positions at the current price, anticipating a probable price decline to add more at the Buyback zone. Place stop loss as indicated on the...
The RLCUSDT pair has reversed after hitting the $0.563 price area which occured in June 2022, this establishing a potential major bottom. Bullish momentum is now evident, with a consistent pattern of higher highs and higher lows, indicating growing buying pressure and potential for further gains. The accumulation zone offers favorable entry points with a solid...