In this analysis I want to take a look at ETH's price action over the last few weeks. It appears that ETH is underway to form a classical pattern that most of you a familiar with, a dead cat bounce into another sell-off. Keep in mind, the dead cat has not been confirmed yet, since the price needs to go below the purple dotted line. Still, it's a pattern that will...
DMART form a Triangle pattern. Breakout happened in 1D but closely watch today close then we will enter into the trade. Target 1 ---> 4550 Target 2 ---> 5550
In this analysis I want to take a closer look at ALT and the bullish channel it appears to be trading in. To maximize potential gains (and chances for a bullish reversal), I'm going to wait for the price to reach the bottom support. If BTC reverses in the near future it might be the case that the entry won't be hit, which is fine. Entry is placed at 0.52 for...
Mahindra Logistics has given 60% fall from highs !! Stock is around the support of Rising channel We can clearly see stock could touch upper range of rising channel which is coming around 1050-1100 Stock may also come down till 300 levels and that would be the best level to BUY Thank You !! Disclaimer : We are not SEBI registered analyst. Do your own...
Hi guys Note that the analysis is on weekly and daily time frames and a medium-term trend is considered. It seems that considering the maintenance of the support area of $0.2719 and the consumption of the resistance areas, the areas marked for buying can be attractive. What do you think?
After bottoming out around 61k, BTC has seen a sizeable bullish correction. Over the last few days, BTC has been trading mostly sideways in a bull-flag / channel pattern. This signal makes the assumption that BTC will continue to make higher-lows in the short-term and will eventually break out and make new all-time highs. Fairly confident that the pending break...
#LTC/USDT #Analysis Description --------------------------------------------------------------- + The LTC price has decisively broken out from the resistance line and is now heading towards the next resistance level. + In the previous bull run, we observed a similar pattern that resulted in substantial profits for traders. + I anticipate a comparable pattern...
#1000SATS/USDT #Analysis Description --------------------------------------------------------------- + The price has reached the resistance line for the fifth time, and there are indications that it may finally break out. + I perceive a promising opportunity for a LONG trade should the price successfully breach this resistance line. + Let's exercise patience and...
In this analysis I want to talk about a fractal that I recently found. Was looking at Bitcoin's price action over the last few weeks, and realized I recognized that pattern. Bitcoin has been following a very similar pattern (fractal) as the SP500 did during the 2022 bear market and the 2023 bull-market. Keep in mind that fractals will rarely be exactly the same,...
Eur/usd. Gbp/usd Nzd/usd get ready go long, go long go long
In this analysis I'm going to take an attempt at making an educated guesss at when Bitcoin will top, purely based on price action. On the chart you can see Bitcoin's price action over the last 13 years on the 2-week chart. The arrows are drawn from the first candle close above the previous all-time high (purple lines). In short, it takes between 17 - 24 bars...
In this analysis I want to discuss the possibility that Bitcoin's temporary correction might be at the ending stages and that the bullish trend might continue in the near future. I want to look at two things: - The price has hit the purple dotted support on the chart. - The RSI has hit oversold on the 4H chart for the first time since late January, at the start...
Preface This analysis is based on historical price action. Since BTC only had a couple of cycles before, the data presented is based on just a few observations. Furthermore, this analysis will use calculations based on a mathematical model based on these few observations. TLDR/Summary at the bottom. Goal of this analysis In this analysis I'm going to take an...
#RUNE/USDT #Analysis Description --------------------------------------------------------------- + RUNE has unmistakably breached the resistance and is currently consolidating within a defined range. + The successful retest of the price reinforces the bullish sentiment, indicating a potential continuation of the upward trend. + With this in mind, I anticipate...
As you can see in the chart, this is the 4th time INJ is bouncing back from support and showing a bullish sentiment. We can this trend to continue and the next target for INJ is around $70 Entry level: $ 28-32 Stop loss level $ 23 Target 1: $39 Target 2: $45 Target 3: $ 59 Target 4: $ 69 Max Leverage: 2x Don't forget to keep stop loss. Follow Our...
BINANCE:TLMUSDT (4H CHART) Technical Analysis Update TLM is currently trading at $0.01361 and showing overall bullish sentiment after the falling wedge breakout We are seeing a clean falling wedge pattern with a perfect breakout signalling a bullish momentum. Entry level: $ 0.01309 - 0.01360 Stop loss level $ 0.01193 Target 1: $ 0.01429 Target 2: $...
BINANCE:DOGEUSDT (4H CHART) Technical Analysis Update DOGE is currently trading at $0.08319 and showing overall bullish sentiment after the breakout from the descending triangle pattern. We are expecting the price to retrace back to the support line and once it hits the support we can enter the long position. Entry level: $ 0.08091 - 0.08316 Stop loss level:...
BINANCE:SKLUSDT (1D CHART) Technical Analysis Update SKL is currently trading at $0.08978 and showing overall bullish sentiment after forming saucer pattern As you can see in the chart, SKL formed saucer pattern previously and had a nice long trend after the pattern, Currently it formed the exact same pattern. We are expecting the price to move in the same way....