Tether is retesting the support-turned-resistance trendline below the mid-support of the channel. This is good news. A move to the lower side range of 5.65% will trigger a rally throughout the market. this move seems highly likely to complete the pattern. Invalidation will be a close above 6.75% in the Daily chart. So far it looks ready for a FREE FALL. Let me...
LINKUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 13.70 followed by 12.50 region. What you guys think of this idea?
#USDT Update: Tether has shattered every support, mirroring Bitcoin's breakthrough of resistance. The 5.26% area emerges as a potential next target, hinting at further upside for Bitcoin. While Bitcoin's chart signals a local top near $40.2k, this breakthrough could spark a rally to $42.8k, a significant long-term support turned resistance level. So, our $40k+...
Is CHRUSDT exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.1100 followed by 0.100 What you guys...
MASKUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
After losing the bullish triangle and #btc pump, #usdt dominance lose weight. But, now USDT.D formed a falling channel that would possibly break out upwards. If #usdtdom breaks up, this will be a blood bath for #cryptocurrencies. If, #tether dominance breaks down and dumps out of channel this will be a rally for market (the invalidation scenario). First one is...
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT. Tether's dominance has reached key support, but don't rush to sell your assets! But be careful. Some altcoins have not yet touched their bullish target, each chart should be checked individually. Probably, after a few weekly candles in this area, Tether's dominance will...
PEPEUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline. These two to gather putting strong bullish confluence for the pair. What you guys think of this idea
As I said before, I will say again that the market will always give you another chance to buy and there seem to be signs for this second chance. Possible scenario for me: Pullback to the broken levels of dominance by Tether and Bitcoin in the coming days and try to collect liquidity from the market and stop hunting small traders like me! Then the return of...
GASUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be $8. What you guys think of this idea ?
BONDUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
usdt dominance short term correction but this structure is very strong. be careful. 😂
KEYUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH What you guys think of this idea ?
Here you can see XRP's price action from 2013-2017 I talked about in the last post. Cheers!
Looking at XRP's overall Price Action since its listing at Bitstamp in 2013 we can see a similar pattern evolving in the current Cycle compared to the Cycle from 2013-2017. 2013-2017 Price Action: 1. Cycle: Quick run up, then it went down like a curve relatively quickly (see blue line) 2. Cycle: Lower High than last Cycle and bottoming out over a longer period of...
Hello Friends. How are you? Hope you always be happy and successful Today I want to talk about USDT.D in another words, I want to talk about the dominance of Tether. the situation is complicated. I want to check this item based on Ichimoku, channel line, and classic pattern. so, let's go into details. based on Ichimoku, the future cloud is getting...
ASTRUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel. Currently the price is forming a local support around 1.90 region. Will the bulls take charge again continue for leg higher? What you guys think of this idea?
HOTUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline. These two to gather putting strong bullish confluence for the pair. What you guys think of this idea?