#XRP/USDT $XRP is trading inside ascending channel and price is above lower zone of this channel. 🐮 breaking out from resistance zone of $0.34 will increase price to upper resistance zone which is the same with middle zone of the channel. 🐻 break down from lower zone of channel will active bearish flag pattern and possible to drop price to support zone around...
Chart shows the possibility of the Parallel Channel and AB-CD pattern and the targets.
hello guys sand in long-term formed in ascending parallel channel that once break down and move as wide as last channel. in mid-term formed on descending parallel channel that move between top trend and middle line of channel. in yellow triangle both of that approach match with each other and make that area very potential for long position. always do your...
This is auto trend channel with Pivot Parallel Channel . Not advice, just educational purpose.
#DOT/USDT $DOT is inside descending channel and around the middle line. 🐮 holding the middle line as support will increase price toward upper line. 🐻 break down from middle line will drop price to lower line, as the middle line can be the neck line of head and shoulders pattern.
On 4H TF BINANCE:ETHUSDT has completed an impulse wave at 2030. Right now, it's pulling back to 1400 - 1360. Besides, it's an important trend line for supporting. If price close below 1350, this trend can be reversal.
Fib Extensions to TARGET 4 Uptrend Parrallell Channel
#ADA/USDT $ADA broke out from middle line of ascending channel. 🐮 so in short-term it can rise to upper line of channel that is the same with resistance zone around $0.495. 🐮🐮 if price breaking out from upper line of channel, it will continue upward move toward $0.53 and even $0.6. 🐻 rejection from upper line of channel may valid last analysis again!!
#USDT.D USDT Dominance is below resistance zone that is the same with the middle line of descending channel. 🐻 as long as it stays below the resistance zone crypto market will rise! 🐮 break out from the resistance zone will increase USDT Dominance to the upper line of channel and we will see more crashes in the crypto market!
🔰You can see analysis of Australian dollars in US dollars in one hour time🔍 ✴️As is evident from the image, the price is moving in a parallel descending channel (purple💜). The areas of supply and demand are marked in the picture. Due to the presence of the price in the demand area, if the price can break the downtrend line (black🖤 line) upwards, you can buy in...
#DOT/USDT $DOT shaped a Cup & Handle pattern in 1h time frame! 🐮 breaking out the middle and upper line of descending channel that is the handle will confirm this pattern and will bring it up to touch 2 fib level of the cup which is around $8.4. 🐻 breaks down from the lower line of channel will invalid this pattern and can drop price to middle line of daily...
Beast Trading _ Today's Bitcoin Analysis Bitcoin continues to flow in a similar way, so today I'm going to give a briefing on the Ethereum chart. First, you can find parallel channels formed up and down at the high point, where the resistance is valid without breaking the resistance line, and the lower line was originally a support line, but a strong drop broke...
🔰You can see the analysis of euros in US dollars in a two-hour time frame (EURUSD _ 2H)🔍🧐 ✴️As is evident from the image, the price is moving in a descending parallel channel (black🖤 channel). After breaking the bullish parallel channel (purple💜 color) in the main bearish parallel channel (black🖤 color) the price has fallen to the DEMAND💛 range. The price can...
#DOGE/USDT $DOGE broke down from ascending parallel channel, and as long as price stays below the resistance zone I consider it a bearish trend. 🐻 so this channel can act as a bearish flag and drop price toward $0.034. 📉 support zones in this bearish trend that price can react to them are around $0.06 and $0.053
Simple explanation in the chart. GAPFILL incoming. Not a financial advice.
Simple explanation in the chart. Not a financial advice.
Recently, I made an analysis on NEAR where it was trading within an ascending channel. It traded inside it for a short amount of time but eventually broke out of that channel and has been trading within the descending channel shown above. I expect that NEAR will continue to trade inside this channel for the short-term but is approaching a short-term support zone...
#DOGE/USDT $DOGE shaped an ascending parallel channel and touched the upper line of this channel. 🐻 price can make a pullback to the middle line that is the same with broken resistance zone to confirm it as support. 🐮 then continue its uptrend toward the resistance zone above $0.1 to complete the inverted head and shoulders of my last analysis. 🐻🐻 breaking down...