AAVEUSDT has established a significantly vast demand zone adjacent to the $50 psychological level, consistently respected over four consecutive instances, emphasizing substantial buying pressure within this zone. Preceding the recent bounce, AAVE broke above a downtrend trendline, signaling readiness for further upside potential. Subsequent to a robust correction...
Since June 2023, Bitcoin Cash experienced a significant shift from bearish to bullish sentiment following its breakout above the crucial supply zone. The subsequent re-test of this zone turned it into a support/demand area. Notably, the most recent clean rejection at the 50% Fibonacci level during a yesterdays' dump underscores buyer interest at this price...
BATUSDT's recent breakout above the downtrend trendline and respect for the demand zone affirm its ongoing bullish phase. With Basic Attention Token currently trading near the downtrend trendline, which could act as support, we anticipate a potential continuation of the uptrend. A target at the 261.8% Fibonacci resistance level suggests the potential for a...
CHZUSDT recently breached a crucial resistance, now serving as a demand zone. The respected uptrend trendline and this breakthrough validate the ongoing uptrend. The signs indicate a potential extension of this significant uptrend, possibly propelling the price towards the $0.146 level, marking a 38.2% Fibonacci resistance.
ACHUSDT continues its movement within the ascending channel, showing consistent respect for each demand zone that previously acted as supply areas. These strong bullish indications affirm the uptrend, significantly boosting the probability of further price escalation. Expectations lean towards ACH rising to the top of the extended ascending channel, aligning with...
🔅The Triple Bottom Formation at $1533 📈 In the world of cryptocurrency, precision matters. Ethereum (ETH), one of the market leaders, recently exhibited a fascinating triple bottom pattern, signaling that buyers defended the $1533 support level - an interesting entry point. This level coincides with the 78.6% Fibonacci support, adding significance to its...
🔅STGUSDT maintains its bullish stride, breaking key supply areas post its downtrend line breach. The former supply zones have now transitioned into robust demand zones, consistently validated by recent price action. 🔅Additionally, the pattern of higher highs and higher lows persists, affirming the credibility of the ongoing uptrend. The latest retracement saw a...
On a daily timeframe, COMPUSDT has exhibited a discernible higher high and higher low pattern, signaling a notable trend structure. Following the completion of wave 3, quite an evident ABC corrective move unfolded, halting precisely at the double Fibonacci support level near $47. This critical support area has proven effective in arresting the downward...
FXSUSDT has recently demonstrated compelling bullish movements, showcasing a transformation of two previous supply zones into demand areas. This shift, coupled with the presence of a consistent higher highs and higher lows pattern, reaffirms the underlying bullish trend. Anticipating an over 80% surge in the coming weeks, today might mark the inception of the...
SXPUSDT showcases a transition from supply to demand zones, successfully respected within its price action. Notably, the bounce off the 61.8% Fibonacci retracement level, coupled with the subsequent rebound from the 38.2% support and the clean bounce off the simple uptrend trendline, indicates the initiation of an upward wave. As a result, our forecast...
EGLDUSDT persists in honoring the uptrend trendline, maintaining movement within a long-term ascending channel. Notably, the previous supply zone has transformed into a respected demand area, significantly bolstering the likelihood of sustained uptrend continuation. This favorable price action significantly heightens the probability of a 60% price surge in the...
🔅NEARUSDT recently broke above the wedge pattern, accompanied by breaching the long-term downtrend trendline. This move was followed by a significant transformation from supply to demand, evident in the market's response to these zones. 🔅The most recent pullback halted precisely at the 61.8% Fibonacci retracement level, highlighting substantial buying pressure...
Over the past three months, PHBUSDT has established an uptrend, characterized by higher highs (HHs) and higher lows (HLs) pattern, indicative of a sustained bullish trend. Concurrently, the demand zone near the psychologically significant price of $0.6 has been effectively defended by buyers, solidifying its significance within the price action. Yesterday, on a...
LPTUSDT's Breakout: A Bullish Triumph LPTUSDT has recently emerged victorious in a battle for bullish dominance, confirming a daily break and close above the longstanding downtrend trendline. This marked a significant shift as it broke free from the constraints of a triangle pattern that had limited its potential for quite some time. Demand Zone as a Beacon of...
⚪ WOOUSDT staged a robust breakout above the supply zone back in March this year, setting the stage for subsequent developments. Although the price has generally trended downward since, a significant pattern emerges with three consecutive bounces off the $0.15 demand zone over the past eight months. ⚪ Recent price action further reinforces a positive outlook. The...
I like $ZEC here it is breaking out on h1 and looks good for a short term play my first target is $33.9.
WLDUSDT broke above the downtrend trendline some time ago, signaling a potential shift in sentiment. Since then, it has consistently exhibited a pattern of higher highs and higher lows, confirming the presence of a valid uptrend. The current question on traders' minds is where the optimal entry point lies. To address this, we've employed two key indicators: the...
APEUSDT: Unveiling the Next Profit Potential 🔅APEUSDT is poised to become the next major winner, as per our meticulous analysis. While we can't divulge all the details just yet, it presents an ideal buying opportunity on the technical front. 🔅Firstly, an intriguing transformation unfolds as the supply zone seamlessly transitions into a demand area, resulting in...