Just a thought. I'm new to this and welcome feedback.
We all understand this is crypto and anything's possible. I honestly have no idea what I'm doing but this crown looking pattern looks cool, so I'm gonna wing it.
Seriously though, there was a lot of support in that last candle and depending on support moving upward we me see this similar pattern unfold.
I've...
Just a thought. I'm new to this and welcome feedback.
Following an upward trend, after downward contraction with support around .30 and good volume across the previous period, I expect a daily outcome of +8.55%.
This doesn't constitute any kind of advice. If you sink or swim, that's on you.
Hopefully this kind of post is ok :)
Not really sure if this is correct, but I’m expecting growth and I am starting to monitor MBOX BUSD starting from today, support line and triangle look good
3 Moving averages
Blue 2 MA
Yellow 7 MA
Maroon 15 MA
15 MA has acted as support and if it breaks we might see DOT at 23 but if it doesn't then i am sure it will be above 28.
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UFTBUSD On H4 Is moving along the Ascending Triangle.There might be a Pullback but eventually it will go up.
⬆️Buy now or Buy at 0.756
⭕️SL @ 0.680
✅TP1 @ 1.024
✅TP2 @ 1.310
✅TP3 @ 1.786
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IQBUSD bounced off the support area on June 22 and got back above the monthly 50 EMA on June 25. The pair made a sizeable upside move on June 30 and have been trading sideways since then. The pair is currently breaking out of both the down trendline resistance and current resistance areas. If it has managed to stay above both of the resistance zones, it may move...
Looks like Cake/BUSD is breaking out of its descending triangle as it has formed a nice ascending triangle out of the previous trend. The blue entries are where I've bought in.
Now, assuming China doesn't publish another article about banning crypto, I could easily see this hitting $15, and then retesting previous support/resistance regions.
Take what I say...
Bnb is one of my favorite tokens, I take any weakness and turn it into a DCA opportunity. Bnb seems to be making bullish moves in a ascending triangle. Breaking above 310 and the bullish trend continues with resistance around $327 breaking below could send this to the low $200’s where I will continue to dca. Eventually I believe bnb will see 4 digits, so I look to...
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Hi Traders, EGLDBUSD has formed a Bullish Flag which is a sign of continuation. The flag pattern formed after the price broke above the major Resistance line with series of green candles. We need to wait for the price to get out of the...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (74.83).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDBUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (74.83).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDBUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
ADA/BUSD
This is the yearly chart with 4h candles. Very quickly I noticed a few significant pumps followed by a descending curve. Even the latest big correction we had has followed this pattern to a certain degree.
Basically, the price pumps around 40% on average and then starts slowly falling again. I noticed that all of those curves have three significant lows...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (330.80).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Two possible paths that BTC could take today see it landing in the same approximate position at the lower edge of the triangle.
The first path (light blue) see us dipping into the 36.8-36.7 range and then coming back up to test resistance at 37.4k.
The second path (darker blue) sees us traveling upwards for an early test of 37.4k, then back down and up before...
BTC is still playing with in the triangle and may be hanging out in the area for a few more days. Two possible path options are a visit back into the 37s with resistance levels from the 9th or breaking the lower barrier of the triangle and settling into the 35k area.
