Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 A few days ago price bounced from support line to resistance line, thereby breaking resistance level. After this Ripple made correction to support level and later backed up to resistance line again. Then price bounced down and made strong downward impulse,...
Bitcoin managed to break the resistance line successfully. Now Bitcoin is pulling back to the resistance zone and the resistance line that has been broken. The pullback structure is in the form of a falling wedge pattern, and if we look closely at the chart, we can also see a bullish pennant pattern. I expect Bitcoin to grow up to the resistance zone after...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few days ago price trades between resistance level and support area, and then entered to pennant. In pennant, Gold broke resistance level and bounced higher of resistance area. Later price started to decline and fell to support level, but at once bounced to...
POLONIEX:DOGEUSD Dogecoin is showing this repeating pattern. I like to call it a Pump and Pump :-) Maybe it will ultimately become a Pump and Dump . So I am not going all in. However, a small holding of Doge has the potential of creating a large return. This is an asymmetric risk-to-reward play. I write off all the money I put in. So it is a small loss on...
How to trade bear pennants with entries and stop levels.
Hope some of you guys jumped in. CXT is currently climbing pretty steadily. Pennant is still on target to attain its 57ish $ goal. Should see this price it prior to dividend (June 8th). Stay humble, have fun, make money!
Just by looking at it it makes sense for price to hunt all those untouched liquidity , right ? but what's gonna happen next ? as i indicated here there are 4 scenarios for me , but i think 4 is the most possible one , why u ask ? well , if u follow my ideas i am bearish on BTC and i have a whole bunch of reasons and all i see here and in the recent move was...
The bearish pattern appeared on 1h, eyes on arb 👀 the 2 resistanceses are so important
XNG has had a big week with a big bullish momentum move into a symmetrical triangle and then a breakout into a bull flag pattern to finish out the trading week. A Bollinger Band squeeze as the symmetrical triangle was underway preceded the breakout. PRice crossed the POC line of the volume profile where trading volume , liquidity and volatility all are the ...
tomo is looking strong this weekend and forming bullish pennant. Can be longed on potential breakout.
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 A few days ago price traded inside triangle, where it first declined to support level and later bounced up to resistance line. Next, price exited from triangle, started to decline and entered to falling channel. After channel, Ripple broke $0.4430 level and fell...
This is another update about the bitcoin as the price action has been developing in another consolidation factor. During the development of the price action, we also see that the price is now forming another bearish scenario as the liquidation factor involved in this analysis.
As I expected in the previous post, Bitcoin was not able to break the 🟢 heavy support zone($ 26,900-$ 26,400) 🟢, but as Bitcoin always does, it created a trap(🐻Bear Trap🐻). Bitcoin seems to be completing the Bullish Pennant pattern , but maybe the ⚠️ low trading volume ⚠️ on Saturday and Sunday will affect the correct formation of this pattern. If Bitcoin can...
BINANCE:MATICUSDT Is currently in bearish pennant (flag). We have two scenarios. First (Short): If it break the black trend line. we might touch purple support zone. Second (Long): If it did not break the trend line we might touch orange resistance zone. 🟥Please Pay attention🟥 *Don't forget like and follow.💛 *Please do a research first and then open a...
Rio Tinto – Mining Market Cap: €1.35 bln Price: $61.74 6 Month Dividend: $2.24 (c.3.2%) – March 2023 Quote Dividends recently cut significantly from $4.79 in March 22 (c.5.7%) to $2.24 April 2023 (c.3.2%). Chart - Whilst the long term trend is up with higher lows on the large pennant since 1990, we have not made a higher high since May 2008 and this is a...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price broke $27900 level and fell to support area, but soon it made strong upward impulse. Also, BTC entered to pennant, where price broke $28900 level and reached resistance line. Then price made correction and after bouncing up, exited from pennant,...
#COFORGE... ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS