ZECUSDT had a breakout after an accumulation period, but was subsequently rejected by the daily resistance level. The rejection from the resistance level may be indicative of strong selling pressure or a lack of demand for the cryptocurrency at current prices.
However, the price of ZECUSDT is currently creating a bull flag pattern. A bull flag is a technical...
The price had a breakout from the descending channel from the daily timeframe and now the market is testing the 80$ as new resistance.
On the 4h timeframe the price is creating a W pattern and we could see a retest of its neckline around 0.5 - 0.618 Fibonacci level before the new bullish impulse.
How to approach?
We are monitoring the price, if the market is...
AMEX:PLG has a potential bull-flag pattern currently playing out. While PLG can still continue to grind lower, a break to the upside of this pattern will give us an official SCOTCHstocks initial target of $9.30, with a possible overshoot.
Everything shared here is my own opinion and no results are guaranteed. Good luck!
YFIUSDT is testing the daily support. If the price will have a breakout from 4h resistance and flip into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡...
ADA/BTC is looking very bullish again w/bullflag pattern, looks like it is going to continue it's upward movement anytime. It looks good to go on longer time frames as well, IMO obviously. Let me know your thoughts. I appreciate any input for or against. Thanks in advance
This isn't financial advise, I'm not a professional TA by any means, we all need to do our...
I see a bull flag. Wait for a breakout and enter when it does. Remember to adjust your stoploss to ATR SMA 20 every now and then. I am going pretty new to trading just to let you know.
