I see FTM in these parallel channels and I think FTM can see higher prices in the mid-term timeframe so if you agree buy some and wait for profit. support and resistance are shown in the chart.
price making higher high and higher low testing upper and lower white trend line making a perfect parallel channel buying at the test of lower trend line and holding the profit until it breaks lower trend line
hi every one , The fake Ukrainian war made me think of buying . Follow for updates
#BTC/USDT $BTC shaped an ascending channel that can act as flag pattern. 🐻 as you know flag is a continuation pattern, so if price break below the lower line of channel it will drop to support zone between $35k and $29k.
#ZIL/USDT $ZIL is at weekly parallel channel. resistance zone between 0.5 and 0.618 fib levels of whole swing down rejected the price but price still have the support of middle line of channel. 🐮 holding the support of middle line can increase and even pump price to break out from channel to reach 1.414 fib level and more. 🐻 break down from middle line can drop...
This is my continuation pattern trend from previous BTC charts for the 20k retracement. A Bounce off the current dip on the middle trend line upto 54 / 55k to form the Right Shoulder and then the test on the neckline, retest on the neckline and then the bigger retracement down through the Fibs back to 20k. Daily chart and a few more weeks for the cycle trends to...
Bitcoin is currently in an ascending consolidation channel, breaking down each of the last 4 times. Given BTC's consistency/tendency with ascending & descending channels, expectation is to see $BTC price breakdown as inflation reporting and FOMC draw nearer. Pretty straightforward approach to assess $BTC price/direction. Once PA sets a consolidation channel,...
Let's start with the parallel channel formed since Jan 2022 (Red parallel channel). BTC has been moving within this channel till now. Important to notice is the Orange downtrend line breakout (orange circle) and then retest at the trendline yesterday (7/04/2022). Next, notice the short term bullish flag forming (blue bullish flag). BTC showed some bullish momentum...
Hello everyone! Zilliqa hit this dynamic resistance 3 times already. Now it has tested an important resistance as support and looks to break the upper border of the downtrend channel.
Possible formation of UP Channel Pattern. If we break through channel line, then this idea will not be valid. If we break upper line, we can get another pump, otherwise it can go down to previous support level. ----------------------------------------------------------------------------------------------------------------- Please note that this is not a financial...
Overall I am bullish on $BTC however this appears to be the start of a descending channel as we appear to be breaking out of the ascending channel from previous week(s). I hope that I am incorrect. Would like to see how this plays out.
It is positive on the bottom of the descending channel with a hidden divergence The trigger line is also activated
Hi everyone. You see the gold symbol in the 1 hour time frame. I think this path is predictable for that
#SLP/USDT $SLP is inside a parallel channel that can act as flag pattern. 🐮 price can drop to support zone around $0.017 that is the same with lower line of channel and then head up to break out upper line. breaking out of flag can increase price to resistance zones and if price going to complete AB=CD pattern it will reach $0.05. weekly time frame shows price...
Hello dear friends. What do you think about this analysis?
ATOM Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channels, Confluences, Fibonacci Extension - Hope it Helps, Good Luck
Daily Chart Trend Channel Gann Downtrend Theory. Gannbox Trends.
A nice low risk high reward trade. the pair is expected to form WXY. At the break of the trend line is where you should enter. trend line clearly visible on 5 min. this is a high probable 120 pip trade.