Currently one candle close above the neckline and the current candle is so far retesting that neckline as support. If this validates we should see xrp gain a considerable amount of market dominance back that it had lost over the last few years. May take a few candles to confirm..could also easily dip back below the neckline for a bit as well as is common on most...
Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 20107, if the support breaks down, the next support is $ 19,375 and $ 18,442. Now let's move from the...
Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price is moving below the local uptrend line. Let's start with the designation of the support line and as you can see the first support where the price is currently at is $ 20.02, if the support breaks, the next support is $ 19,401 and $ 18,618. Now let's move...
Hello everyone, let's take a look at the ETH to USDT chart on a 1 day time frame. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 1639, if the support breaks down, the next support is $ 1519 and $ 1402. Now let's move from the...
Hello everyone, let's take a look at the BTC to USDT chart over a 1 day timeframe. As you can see, the price has risen above the local downtrend line and has rebounded nicely from the recent declines. Let's start by marking the resistance line, as you can see, the first resistance is $ 21,501, if you can break it, the next resistance will be $ 22,638 and $...
Shown here on the 1 day chart is a rising wedge that is probably most valid on a 4-8hr time frame. However I wanted to show the 1 day 50ma (in orange) so I decided to post this idea on the 1 day time frame. We can see a big red candle has formed here and almost already reached the breakdown target of the wedge of 108. My thought was it was going to wait until the...
Hi everyone. Today we have marked an uptrend channel with yellow lines, which has been broken downwards and now the price is below the local downtrend line. As you can see, we have an important support zone: - support zone, where the BTC price is currently from $ 20,957 to $ 17,669, if the price drops below the designated zone, we can expect further drops to...
Hello everyone, let's take a look at the BTC to USDT chart over a 1 day timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 18,863, if the support breaks down, the next support is $ 17,721 and $ 16,947. Now let's move from...
Hi everyone, Let's take a look at the USDPLN chart in the 1-day range. As you can see, we moved in an uptrend channel marked with yellow lines for a while, then entered a downtrend marked with blue lines, and then exited from the top. It is worth setting the first support zone from PLN 4.63 to PLN 4.57, and then we have a strong support zone from PLN 4.47 to PLN...
Hi everyone. Today we marked the uptrend channel with yellow lines, which was broken at the bottom and now the price is below the local downtrend line. As you can see, we have an important support zone: -the support zone in which the BTC price is currently located from $ 20,957 to $ 17,669, if the price drops below the designated zone, we can expect further drops...
Wouldn’t surprise me if price does a slow grind up this wedge for a bit. *not financial advice*
Hello everyone, let's take a look at the BNB to USDT chart over the 1 day timeframe. As you can see, we have been moving in the downtrend channel for a long time, while locally we are in an uptrend and in a place where we can try to break out of a long-term downward trend. Let's start with the designation of the support line and as you can see the first support...
Hi everyone. Today with yellow lines we have marked the channel in which the BTC price is currently moving. As you can see, we have two important zones: -first is the support line on which the price is currently based at $ 23,021, then we have a support zone ahead of the price which ranges from $ 20,957 to $ 17,669, if the price drops below the designated zone,...
This is the larger falling wedge that current price action is above on the 1 day chart. We haven’t confirmed a breakout of it yet but with the smaller bullflag and double bottom patterns looking like they will validate and take price to 26.3k, there is a good chance that after we correct from that zone that when price action comes back down to retest the top white...
2 potential necklines here..this descending white one and the more conventional horizontal one in yellow..wouldn’t surprise me that if one of them validates they both do. *not financial advice*
Hi everyone, Let's take a look at the USDPLN chart on the 1-day interval. As you can see, for some time we were moving in the uptrend channel marked by yellow lines, but now we are moving in the local downward trend. It is worth setting the first support line at 4.54 PLN, and then we have a strong support zone from 4.47 PLN to 4.37 PLN. Looking further, we see...
Hi everyone Let's take a look at the ADAUSDT chart on the one-day timeframe. As you can see in the long run, the ADA is moving in the downward channel marked with yellow lines, while in the short run we are moving in the local upward channel marked with blue lines. It's worth setting a support zone with the price in front of you from $ 0.409 to $...
We managed to exit the downtrend channel marked with blue lines and change it to the current uptrend marked with yellow lines. It is worth highlighting two areas of support that we have: The first zone FROM $ 8.81 TO $ 8.24 and the second zone FROM $ 7.36 TO $ 6.78. THEN WE LOOK AT RESISTANCE ZONES AND CURRENTLY WE ARE TESTING A ZONE FROM $ 9.64 TO $ 10.61 IF YOU...