Hello 🐋 we expected the retest of the support zone ( parallel channel support) to be completed ✔️ if the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀 otherwise we can see more correction to lower support level ❌🧨 if breakout of the upper resistance zone be completed,...
Hello 🐋 we expected the retest of the support zone (parallel channel support) to be completed ✔️ if the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀 otherwise we can see more correction to lower support level ❌🧨 if breakout of the upper resistance zone be completed, we...
Multiple channels, naked point of control (courtesy of Exocharts), incl. support and resistance levels. Keep an out on BTCBNB chart - it's a key indicator as is ETHBTC, BNBBTC, all BTC pairs. Dont forget the Dollar Index :) Fun .. Live to eat or eat to live? Love the game! :p
Nice formation and possible breakout BNBUSDT with confluence of ascending parallel channel.
Inspired technical s from a followee. Risky asset, assets have to start somewhere. 24 hour volume 23.22M (low - by that prefer something over 700M). Market cap (low - 33M). Trade with caution. Make sure that you learn from anything you do. Next time Crush It! Timely support on Monthlies seem difficult to find and draw. Because of this, concluding choppy and...
Hello traders. On this 4H analysis of AUDJPY, we have an ascending channel setup. Price has just recently tested the 90.500 support region in the channel, providing us with a good entry point. We now await a good entry reason. A good place where price may go next would be to the resistance level in the 93.000 region.
Overall, everything is going along with our predictions. BTC formed a bearish Seahorse , metamorphosing into a bearish Dragon , substantially achieving its target, and then testing one of the parallel channels effective for months. I presented the idea of forming a triple zigzag with a pitchfork, but the chart also seems different. If this 21400 level holds,...
BTC got rejected at 4H Ichimoku cloud, and the bearish dragon pattern is still valid. With its cleanest theoretical target being a .786 retracement of XC, the prescribed bearish movement is likely if the price fails to mark a new high. Considering parallel channels serving as S & R for months, a WXY formation (double zigzag) would be a candidate movement....
Red short term green long term range with Fibs and Fib Resistance Fan. Bottom and support below the ranges. On the basis of my current knowledge. Bias on sideways price action, and potential bullish. Not accounting for down trending price movement. 0.75 Fan a support.
Jswsteel broke out of descending channel on 30 min TF with good volumes. Could be bought with mnetioned stoploss & target.
Double Bottom Pattern is Signaling a Buy on Hydra! The Double Bottom is also called the BIG WINNER, because it forms a W on the chart. I expect HYDRA CHAIN (on the 1 Day Chart), to continue bullish until we reach top of the parallel channel before breaking out to resistance at $3.60+. One Key Target area to watch as we approach the neckline & top of parallel...
Hello 🐋 as I mentioned, in my previous analysis, the price hit the target and now Based on the chart, the price is close to the green trend line and the support zone ✔️📖 we can see more gain 🚀🚀 otherwise we can see more correction to lower support level ❌🧨 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour)...
Hello 🐋 Based on the chart, the price is close to the channel support area and break out of the ascending channel , and we expected the retest to be completed ✔️ if the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀 otherwise we can see more correction to lower support...
As yuo can clearly see, GHST has been ranging this descending paralled channel for well over a year now, top to bottom and back again! Just recently however, something different has happened.. We've had a significant breakout from this channel to the topside and now we've got a massive green bar indicating the potential for a bullish market starting. There's a...
Jan 29 Hello 🐋 Based on the chart, the price is close to the channel support area and break out of the descending channel, and we expected the retest to be completed ✔️ if the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀 otherwise we can see more correction to lower...
Hello guys... As you have seen over the past few weeks, the cryptocurrency market has been very bearish and no signal has been observed to change the trend. I still encourage you to short position. here we have #gala, this cryptocurrency formed in a bearish channel and in my opinion will break main lower low (main support level). but be aware if this channel...
Optimism Blockchain Market Cap Evaluation at $33 Billion if Linear Channel is respected.
Hello 🐋 Based on the chart, the price is close to the channel support area and break out of the parallel channel has completed, and we expected the retest to be completed ✔️ if the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀 otherwise we can see more correction to...