Deviantor_Wayne

Deviantor_Wayne

Support is an area in which demand overcomes supply, limiting downward price movement. Resistance is an area in which supply overcomes demand, limiting upward price movement.

Deviantor_Wayne

Support and resistance are created by the decision making of market participants, as they operate within an environment of uncertainty. Decisions to buy or sell are made through referencing current price against previous areas which caused significant emotional response, in particular those areas which led to regret of missing out on opportunity, or those areas...

Deviantor_Wayne

Support and resistance are created by the decision making of market participants, as they operate within an environment of uncertainty. Decisions to buy or sell are made through referencing current price against previous areas which caused significant emotional response, in particular those areas which led to regret of missing out on opportunity, or those areas...

Deviantor_Wayne

we expect further movement within the boundaries of the emerging triangle

Deviantor_Wayne

FIL/USDT pair is forming lower highs and higher lows following two sloping trend lines that eventually intersect. We expect that breakout can be in any direction. To determine take profit(TP) zones we can apply the measurement rule for symmetrical triangles: compute the formation height from highest high to lowest low and add to or subtract the difference from...

Deviantor_Wayne

momentum decreacing, and we can expect some downward move. 1 target - 1.656 stop-loss - 1.746

Deviantor_Wayne

We observe a clear descending triangle pattern. Key resistance area in a range of $1.2-1.185. In case of confirmation of this pattern, a fall of about 15-20% can be expected.

Deviantor_Wayne

The asset breaks up from the accumulation zone. Many coins that have recently had a similar triangle pattern fly very high after it breaks up. AION demonstrates a pattern similar to the coins that fly up after the breakout of the triangle. There is a promising opportunity to open a long position with the expectation of a take-profit area above $1.

Deviantor_Wayne

On the 1-hour timeframe, we see the bearish divergence formation. On the 2-hour timeframe, we see a confirmed reversal pattern represented by a shooting star candle "A" with a bearish engulfing candle "B" confirmation. 4-hour timeframe, also represented by shooting star. We can expect a downward movement with a take-profit target near the "B" support area of $120,...

Deviantor_Wayne

Despite the general euphoria and hope for a continuation of the long-term uptrend, it seems that only moderate growth can be expected in the short term, followed by a return to the previous support line. At the same time seems that the rising wedge pattern is in the process of forming, if confirmed, a downward breakout is possible.

Deviantor_Wayne

The SXPUSDT is at the stage of forming a falling wedge pattern, so the successful formation of this reversal pattern will indicate the end of a local downtrend and provide a low-risk opportunity to open long positions.

Deviantor_Wayne Updated 

The pattern still needs to be confirmed as well, but at the moment, we can state with a high degree of confidence the reliability of such forecast. This token is already in the public eye and about a week ago Grayscale Investments announced adding RSR to the pool of assets under its management. In the circumstances of general bullish sentiment, We observe the...

Deviantor_Wayne Updated 

After the correction, the $DGB continues its bullish movement. The support lines seem to be reasonably reliable. So we can expect the next rising move with the aim to surpass the previous historical high. Long-term target $0.12-0.135 or even higher.

Deviantor_Wayne

We are witnessing a typical ascending triangle which is a bullish pattern. In addition, a breakout has been made upward, which means that it is possible to say for sure that BTC will overcome the previous all time high. Expected target of this breakout is around $20200 BINANCE:BTCUSDT

Deviantor_Wayne

The next resistnce level is at 5.9$

Deviantor_Wayne

Our first target is near 0.0018 BTC

Deviantor_Wayne

Resistance is concentrated around $13.2 And $15 seems to be pretty influential price in case of forming new uptrend

Deviantor_Wayne

This ship is going under 0.034-0.033