You can see here on the 1 day chart xlmusd has formed an inverse head and shoulder pattern with it only just recently rounding out the 2nd shoulder and returning now back to the neckline. As always I must wait for a breakout confirmation above the neckline and some confirmation from volume before basing my buys off of this but I anticipate it will likely confirm...
Hello everyone, let's look at the BTC to USDT chart on a single day timeframe. As you can see, the price has moved above the downtrend line. After unfolding the trend based fib extension tool, we see that the first support is at $30078, the second at $29174, the third at $28446, and then there is a strong support zone from $27717 to $26665. Looking the other...
Hello everyone, I invite you to review the SOL chart in pair to USDT. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. Going further, we can move on to marking support areas when the price starts a correction. And here the first strong support is at $19.91, then we have a very strong support zone from...
Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will use the blue lines to mark the downtrend channel from which the price has gone up, while locally it is worth marking the sideways trend channel in which the BTC price is moving. We will use the trend based fib extension tool...
Hello everyone, I invite you to review the chart of ETH in pair to USDT, taking into account the one-day interval. Using the yellow line, we will mark the uptrend line, which, as we can see, holds the price nicely in corrections. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark support, and here in the first place...
Which of course adds a second even higher breakout target than the 1st one. It just recently retested the line as support and has been bouncing up from the retest which is what I’ve been waiting for to ensure the neckline was a legitimate one. It’s breakout target is the green one. At $106 *not financial advice*
HI TRADERS ✌ As you can see, after the price drop from the supply area, it is currently fluctuating slightly in the range of 0.076. The scenario that we can consider is if the price penetrates below the 0.071 range and stabilizes in the daily time frame. The possibility of further correction up to 0.064 and the OB range of 0.060 can be considered and then grow...
Hello everyone, I invite you to review the situation of BTC Dominance over the rest of the cryptocurrency market. At the beginning, we will use the blue lines to mark the downtrend channel, which after several attempts was able to exit upwards. Now, using the trend based fib extension tool, we can determine the places where dominance should encounter resistance....
The last one in today's chart is the MATIC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. Moving on, we can move on to marking support areas when the price returns to a correction. And here the first very strong support that has kept the price so far is at...
Hello everyone, I invite you to review the SOL chart in pair to USDT, as before, using a one-day interval. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving. Moving on, we can move on to marking support areas when we start a larger correction. And here the first one that currently holds the price is $13.34,...
Hello everyone, I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. Here, however, we will first mark the place of the current price, which remains on the EMA Cross 200 line, after the price dived, it quickly returned to the level of the EMA Cross 200, but for the moment it did not return to the uptrend above the line. Now, using...
Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will use the blue lines to mark the downtrend channel in which the BTC price is moving, what's more, we can see that we are in the upper part of the designated channel. Now we can move on to marking the places of support in case...
Hello everyone, I invite you to review the ADA chart in pair to USDT, on a one-day interval. First of all, we will use the blue lines to mark the uptrend channel from which the price has gone down and we are currently moving below the downtrend line. As we can see, the exit from the channel resulted in a decrease in price, similar to the size of the channel...
I invite you to review the XRP chart this time taking into account the one-day interval. As we can see, the price has moved down from the uptrend line. Now let's move on to marking the support places for the price and we see that the first very strong support that currently holds the price is at $0.45, however, if the price goes lower, the next support is at...
Hello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day interval. First, we will mark two places where the price tried to break out of the EMA Cross 200 line upwards, unfortunately, both attempts ended in failure. Further, using the yellow line, we will mark the uptrend line from which the price broke out at the bottom, we are currently...
Hello everyone, I invite you to review the BNB chart in pair to USDT, taking into account the one-day interval. As we can see, the price has broken out of the uptrend line. We also see that we moved the EMA Cross 200 for a while, however, after breaking this strong support, we received a strong drop in price, down to a very strong 0.786 Fib support at $222.8....
A bull flag and also an inverse Bart from a bear flag. Price action may find resistance temporarily at the 200 ma(in blue), but if so watch for the 50 ma (in orange) to maintain support to increase probability that price will overcome the 200ma and continue towards the breakout targets. *not financial advice*
Hello everyone, I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the lower range, while inside the channel we can mark the local downtrend line under which the price is located. Moving on, we can move on to marking support areas when the...