STMX has made a strong move by breaking out of a falling wedge, a bullish reversal pattern. The price appears to have completed an impulsive wave 1 and has corrected into wave 2. Positioning within the buy-back zone is recommended to capture the potential wave 3 move. The stop-loss level is indicated on the chart, with the immediate profit target set at the...
TRXUSDT has recently broken out of a bullish pennant structure and an inverse head and shoulders pattern. This suggests a potential upward movement in the price. The target for the inverse head and shoulders pattern is indicated on the chart, with the neckline serving as the buy-back zone. Additionally, the extended target is based on the potential pole...
OneBtc has experienced a significant 98% drop from its all-time high, suggesting the potential formation of a double bottom at the current levels. This zone is likely to act as strong support, making it an attractive area for accumulation. However, caution is advised as the overall weakness of the coin makes it a risky investment. The proposed accumulation...
GLMRusdt presents an intriguing opportunity, showcasing signs of reaching a potential bottom and preparing for a bullish reversal. Two prominent bullish setups, the descending broadening wedge and the strong Inverse Head and Shoulder (IsHs) pattern, have been identified. The final setup target aligns with the immediate target level of the wedge pattern, while the...
Rsrusdt has recently experienced a significant breakout from a falling wedge pattern. This breakout suggests a strong bullish sentiment and presenting potential trading opportunities. We have identified a strategic buy back area on the chart, which presents an optimal opportunity for re-accumulation of the coin. Targets for profit-taking have been outlined on...
If you recall, VRA recently broke out from a falling wedge formation but was subsequently rejected after reaching the immediate supply area. As a result, its price has been dropping. However, it has now reached a significant support/demand zone, which has become an important point of interest. We've observed the price bouncing from this zone. If this upward...
ZRXUSDT recently experienced a rejection when it re-tested the 1.44 area, leading to a significant correction. However, we have identified a potential bottom after the drop, as the coin tested a strong demand zone where we established our accumulation zone. As a result, we anticipate a strong uptrend movement from this point onwards, with the immediate target...
Riousdt is currently showing signs of a potential Cup and Handle structure, characterized by a breakout from the pattern. This breakout has established the neckline as a strong zone of significance for future price action. Within the cup formation, there is a hidden setup of an inverse head and shoulder pattern. It's worth noting that the final target of this...
ETHBTC has broken down from a mega bullish pennant structure, warranting cautious trading. Within this structure, a potential descending channel is forming, with price adhering to it in a corrective movement. An accumulation zone has been identified on the chart, presenting a potentially optimal area for loading Ethereum. This view is primarily for holders, with...
MAVUSDT recently broke down from a rising wedge pattern, initiating a corrective phase. Since the breakdown, the price has been steadily declining. This downward movement is anticipated to persist, with the price expected to reach the final bear target illustrated on the chart. We should monitor key support levels during this correction and be prepared for a...
Bitcoin has performed its usual move, pushing many traders to reevaluate their positions. Now, a bullish market sentiment is widespread. Currently, a descending broadening wedge pattern has been confirmed, with the price breaking above significant resistance levels. This breakout targets an impressive $80k, as shown on the chart. For those not yet invested in...
Greetings, We've identified a promising Adam and Eve setup on FET, signaling the potential for a substantial rally in the near future. Building on the success of our previous analysis, particularly with regards to wave 3, we anticipate a similarly favorable outcome this time around. It's crucial to capitalize on this opportunity by holding onto the coin, as...
ZILBTC has broken down from a bear flag formation, with the price falling below the support level, which has now become a strong resistance zone. Attention should be directed towards the proposed drop target as the primary accumulation area for potential buying opportunities.
SLPUSDT is making a strong recovery, having formed its first higher high from the drop zone. This recovery appears to be shaping into a rounding bottom pattern. Our immediate strategy is to track this movement until the price reaches the setup neckline, anticipated to act as a strong supply zone. The designated immediate buy area offers a promising buying...
We're currently witnessing intriguing dynamics in the CRVUSDT chart after the recent breakdown from a rising wedge pattern, bearish sentiment seems to be in play, but there are specific zones we should take note of. CRVUSDT exhibited a classic breakdown from the rising wedge pattern. The base of the rising wedge is now our immediate focus. As we approach this...
ALPHUSDT's wave 4 is nearing completion, indicating it's time to prepare for accumulation in anticipation of the final leg, wave 5. The projected targets for this move are indicated on the chart. Follow the immediate buyback zone for optimal buying opportunities. Additionally, the external demand zone serves as a robust support area to monitor, should the initial...
ENS/USDT indicates the formation of a potential falling wedge pattern. Given the prevailing market sentiment, there's an anticipation of a bullish breakout. The Major Point of Interest (POI) identified on the chart stands out as a crucial buyback zone, highlighting an area where significant accumulation could occur. In our assessment, the supply area becomes a...
GTAIUSDT is in a freefall, continuing towards our projected drop target of the 61.8% Fibonacci retracement level of the entire rally around 0.7 to 0.6 range. This key Fibonacci level serves as a potential accumulation point, offering an attractive buying opportunity. We expect a reversal or stabilization around this level, as indicated by the potential path...