Bitcoin finally revealed its direction and its bullish. On the chart we can see 2 parallel channels. The first one is currently breaking out and there is no doubt that the second parallel channel will break as well. Next resistance is exactly at the top of the first parallel channel, I am expecting a pullback from this strong dynamic line. From the Elliott Wave...
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🔸in daily chart can notice a power of 3 (Accumulation ,, manipulation ,, Expansion)" 🔸we are in stage 3 (expansion) accordibg to my vision.. that matching so likely with RSI indicator...(breaking out multi-month trendline) 🔸must be considerd that the price breaking out a POC line with large green candle too 🔸price now testing the 0.618 fib (golden level) 🔸so...
I think Dodge coin will go up 0.15767 if pass this line will rise more.
The price perfectly fulfilled my previous idea. BINANCE:LINKUSDT has broken through the downward channel, clearing the key level at 15.00. As I examine the current market dynamics, I think it's likely that the price has formed a double top pattern on the 1H timeframe. This suggests that there's a possibility that the market may retest the support level....
Doge is lagging behind bitcoin but seems to be forming a nice Head + Shoulders. Looks like a good long opp.
The general trend is upward, but according to the structure of a TB position
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💎Paradisers, get ready for a trading opportunity with #Polymesh! We're eyeing a potent breakout from the Falling Wedge pattern. Currently, #POLYX holding strong at the $0.354 support and going to retest the falling resistance of the falling wedge. 💎If #Polymesh doesn’t manage to spring from the $0.354 support and drops beneath it, we expect a possible extension...
The JasmyCoin (JASMY) crypto displays a bullish pennant pattern and the coin has sustained gains above its key EMA’s.
Rising wedge bearish pattern has formed on hourly chart, and a breakout is underway to mark a highly probable bearish trend. The trend will either stop at the base of the wedge in the zone 64665.70 ~ 65033.72 USDT or continue to the previous support zone 62590.06 ~ 63355.54 USDT. The major trend is still bullish signaled by Fib-EMA cross over between fib 55 and...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
#DYDX The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it We have a green support area at 1.76 that is expected to be bounced from due to its strength We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the upside...
Reason. 1. Monthly Flag Pattern & peanut pattern very easily identify 2. From 2021 Breakout so it's been a 3 years 3. ALT Season is bullish 4. W is making like HL & LH You can enter now or you can wait till above close 1.32 & Above close candle for Entry SL : if you enter at 1.32 is 1 Target i will update expected move 6000% Up. as pr past graph it could be 95$...
Let's analyze BCH on the daily chart! Let’s dive 🤿 1) BCH has formed a sideways inverse H&S pattern, which is known as a reversal pattern. The neckline of the inverse H&S pattern has been broken, confirming the pattern. The target price would be $600 per BitcoinCash 🚀 2) We also have the Double Bottom pattern, which forms this way: When some buyers purchase...
Good Saturday my fellow Cryptocurrency trader, I hope you are having a nice weekend. This is a great opportunity. ➖ We caught wave A of this ABC correction and now it is only logical to catch wave C. The chart makes it self-explanatory: The start of wave A is the peak, wave B is the first low and wave C is the lower low which should hit between 0.618 - 0.786 Fib....
I don't think It will give you a chance to buy in a big retracement. It doesn't look like touch the low again and check the support(Yellow line) so you can set buy on here and set a stop-loss appropriately. Trend is so bullish that it will touch weekly resistance zone. There is a difference from other altcoins.
Double top noted clearly on CRYPTOCAP:PEPE , in my opinion, accumulation has been done and time to clean and shake weak hands. This will take few months in my opinion so be prepared mentally.