ADA pennant breakout, and re-test support $0.55 with Hammer alike candle. MACD momentum still favor to the bull we are seeing more bull. as long as price above $0.55
It appears as though Ethereum has broken the horizontal resistance of an Ascending Triangle or Bearish Pennant.... ideally we want to see the old resistance turn into new support, I do not expect that to happen. A re-test of the upward sloping support of the pattern is like to occur.
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago started to rise in an upward channel, where it first reached the support line and then rebounded up to the 1.0670 support level, which coincided with the buyer zone. Later Euro broke this level and reached the resistance line of the channel, but...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price bounced from resistance level, which coincided with resistance area, and started to decline in falling channel. In channel, EUR fell to $1.0780 support level, which coincided with support area and even declined lower there to support...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago reached the 36800 support level, which coincided with the buyer zone and in a short time broke it. Then BTC rose a little more, but soon it made a correction back, after which it entered to upward pennant. In pennant, the price at once...
Hello traders, I want share with you my opinion about Swiss Franc. Looking at the chart, we can see how the price a few days ago rebounded from the seller zone, which coincided with the 0.8760 resistance level and declined until the support level. After this, the price rebounded and started to rise in an upward channel, where it rose to the resistance line,...
The market is uncertain and BTC could head down again, but gaming coins can be a positive divergence at this point, such as AI coins. It can be considered in the short term with a small amount.
Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a few days ago price entered to upward channel, where it first declined to the support line, breaking the 0.5930 level, but soon rebounded back. After this, XRP reached the resistance line of the channel and then corrected, after which the price continued...
FTT not only broke above the horizontal channel but also retested the uptrend. A bullish position can be taken with a tight Stop-Loss.
Hello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that the price a few days ago started to rise in an upward channel, where it first broke the 228 support level, which coincided with the buyer zone. Some time ago, BNB made a correction to the support line of the channel and then bounced to the resistance line....
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 When price declined below support area, it soon bounced up and rose to resistance line, thereby breaking $1935 level. After this, price declined to this level, which coincided with support line of pennant, and later bounced up. Ethereum broke resistance line and...
FTM about to break-out of a Bullish Pennant with a possible target of $0.55+
Brace yourselves, crypto sorcerers, as we're about to witness a breakout more ferocious than Sonic the Hedgehog's legendary spin attack in the realm of "Harry Potter Sonic Obama 10 Inu Coin." Get ready for a technical analysis that's as wild as a hippogriff ride and as thrilling as a showdown in the Forbidden Forest. In the cryptic tapestry of charts, a pennant...
We see a clean retest of a break out on a Daily chart of Pennant Pattern. This is a profitable signal as its a clean swing analysis. Our entry should be around 1.64000 / 1.63900 Our target is 1.58516 while we take advantage of the marked TPs. Proper risk management should be applied. Please follow me for more ideas
Would you just look at that beautiful, textbook bull pennant on the Bitcoin daily chart! You can't get much more textbook than that. What I am thinking based on this chart is that Bitcoin will make at least one more big rally this week up to that big supply zone between $47K-49K. How this move happens has yet to be seen. We know that none of us have a crystal...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 When price started to trades in rising channel, it first fell to support line, breaking $37000 level, which coincided with support area. Then BTC repeated this movement two time and later finally rose higher than $37000 level, but then made correction. After...
Anglo American has closed above the green line and the 10 week moving average, price is now seeking a cycle low defined by the blue upslopping line. Price going below this line signifies a daily cycle low. The challenge is that the line is rather flat so we must look out for price going lower than R471.64, this would reset the weekly low. A close above the pink...
Aave looks like it's building momentum that could break out of the bull flag/pennant. A break out of this formation could lead to $175 move in fairly short deration. The technical trade is the break out and a hold of the break out. If it were to fall back in the zone it is considered a fake out. Either way you cut it, AAVE is good price here for long term...