Be careful as long as it is below the strong red resistance line. Currently, it is fluctuating inside the yellow channel and has a red resistance range and the same red line in front of it. In short, for ideal growth, it should be able to go above the yellow channel
Nice departure from a good green pattern. In the future, I imagine a movement similar to the black lines for the currency
Despite the red resistance line and band, we can only sit and wait for the failure of these two cases. Strong crossing can bring beautiful growth.
It can make beautiful patterns. The main resistance is the red line in front of it, so be careful of breaking this line
It is very similar to the ascending pattern of Adam and Eve. A firm crossing of the red ceiling may help in the realization of this pattern.
At the end of the chart, a small red channel is visible, which resembles a double top pattern. If it cannot break the ceiling of this channel, the probability of forming this pattern is high
It has made a beautiful green pattern. If it can maintain its green bottom, it can grow even up to the ceiling. So stop loss is the green floor We are waiting for a good move and watch it
It came up from the blue pattern and grew Now it is in the pullback position of this pattern. Currently, we have the green support band, which is a good support. A strong return from this range may give a good profit. So for now we wait and wait for the green reaction to this bandwith a green candle
Continuation of previous analysis after 150% unique growth The next targets, such as the previous ceiling, etc., are evident in the chart.
First, let me say that the currency is risky for now. The inside of the red bearish pattern , and the condition for a little growth is to cross the ceiling of the pattern from the location of the red arrow. Falling below the red pattern from the location of the green arrow is another situation. So, we are waiting for the ceiling of the red pattern to break, of...
A red pattern: because it is broken from below, it has fallen well. Usually, such drops are accompanied by good growth, albeit short-term, which may be achieved by breaking the ceiling of the small green pattern.
The ascending pattern of Adam and Eve is evident in the chart, but it is not certain until it hits the edge Another possible pattern is the inverted head and shoulders (yellow pattern), which must break the black neckline firmly to be definitive. So, two good upward patterns can be observed at the moment, but it is not certain at the moment.
The current situation is that it is currently stuck between two zone. Red resistance zone and green support zone It will be bad for the crypto market if it breaks the red zone Breaking down the green zone will be great for the crypto market. It has to be seen which zone he will show interest in. If the green support zone breaks, it will be empty under his feet
I don't know why I feel that it should move a little more and show a growth Especially when leaving the ceiling of the green pattern at the end of the chart
A beautiful channel with two leading red resistors. First, let's see what he does with the first one, until then...... Some bullish and bearish patterns are also evident in the chart.
In the previous move, i.e. leaving the green pattern, it had a beautiful growth of 200%. It is now approaching the red resistance line and the main red resistance zone. It is better to wait and be alert until the sure failure of this line and zone.
A possible bullish reversal head and shoulders pattern (yellow pattern) is forming inside a green channel. The black neckline of this pattern is broken by a good candle today. By fixing this line high, you can hope to reach higher targets.
It is always interesting to break out of some patterns. Like getting out of the blue pattern that had 150% growth. Two small yellow and green flag patterns are also visible. The last green pattern is a beautiful pattern and it must be able to cross the red resistance area and ceiling to be completed. So wait and watch for now