* Golden cross appeared in Bitcoin cash in 1D time frame. * Golden occurs when the short term (50 EMA) Exponential moving average crosses above the long term (200 EMA) exponential moving average. * It indicates the long term bull run. * Exponential moving average ( EMA ) is also a type of weighted moving average technical chart indicator which mainly prefer recent...
* BNB in 1H time frame forms a Rising wedge pattern. * Rising wedge occurs when the price moves between two trend-line forming higher-highs and higher-lows. The lower trend-line works as support for the price and the upper trend-line as resistance. * Rising Wedge appears with a wide bottom and as price move up it becomes narrow. * If the price breaks the lower...
* HNT in 30mins time frame forms a Falling wedge pattern. * Falling wedge pattern occurs when the price moves between two trend-lines slightly sloping downward, forming lower-lows and lower highs. * Here the lower trend-line works as support to the price and the upper trend-line works as resistance. * If the price breaks the upper-trend we can expect a rally till...
* Axie infinity in 1H time frame is moving between two trend-lines, where the upper trend-line is working as the resistance for the price and the lower trend-line as support. * Breakout on the either of the trend-line will give a good move.
* Bitcoin is up for almost 66% from it's major support, previously it breaks another resistance of $48000 level, and is currently trading around $48500 - $49000. * Bitcoin is moving towards the previous resistance to retest the breakout level. * In order to continue the bull run Bitcoin needs to break the new resistance level of $49500.
* Dogecoin in 4H time-frame forms Symmetrical triangle. * Symmetrical triangle pattern occurs when the price consolidates between two trend-lines slightly sloping towards each-other, the price is squeezed till it breaks the either side of the pattern. * If the price breaks either side of the pattern we can expect a healthy move.
* Holo in 4H time frame forms a Bullish flag pattern, which is a trend continuation pattern. * Bullish flag occurs during the bull run when the price consolidates between two parallel trend-lines opposite to each other for a period of time before it continues it's rally. * If the price breaks the upper trend-line of the pattern we can see a rally till $0.012500.
* VeChain is facing rejection from it's major resistance around $0.14500 level, every-time it moves to break the resistance it gets rejected and drops till the below trend-line which is working as the support for the price. * In order to continue the bull run VeChain needs to break it's major resistance. * VeChain is bearish below the trend-line.
* XRP in 1H time frame forms falling wedge patter with upper trend-line as resistance for the price and the below trend-line as support. * Falling wedge occurs when the price moves between two trend-lines slightly sloping downwards. * The 200 EMA is also working as the resistance for the price. * If XRP breaks the upper trend-line of the pattern we can expect a...
* Cake in 1H time frame forms a Head and Shoulder pattern, which is a trend reversal pattern occurs during bull run. * It appears with three peaks in which the two outer peaks are smaller in compare to the middle one. * Cake has a support near $20.960, if it breaks it's support we can see a drop till $19.800.
* Ethereum in 30min time frame forms bearish flag pattern, which is trend continuation pattern. * It occurs during bearish trend when the price consolidates within two parallel trend-lines before it continue it's fall. * If the price breaks the lower trend-line we can see a drop till $2950.
* SRMUSDT in 30min time-frame forms a Expanding Channel here the price moves between two broadening trend-lines. * Expanding triangle appears like a reverse Symmetrical triangle with a contrast opening and broad closing. * If the price breaks the support of $6.60 we can expect a drop till $5.950, in order to continue the bull run SRMUSDT needs to break the upper...
* Solana in 1H time frame forms Symmetrical triangle pattern. * Symmetrical triangle occurs when the price consolidates between two trend-lines till it breaks the either side of the pattern. * If the price breaks either side of the pattern we can see a healthy move.
* After a huge bull rally IOTEX formed a Descending triangle pattern in 2H hour time-frame. * IOTEX breaks the support of the descending triangle and is retesting the same level. * The 50 EMA is now moving above the price as resistance. * After a proper retest we can expect a drop till $0.05900.
* Bitcoin in 2H time frame is moving in a channel pattern between two trend-line forming the higher-highs and higher-lows, where the upper trend-line is working as resistance for the price and below trend-line as support. * Every-time the price moves to break the either of the trend-line it bounces back. * The 200 EMA which was moving above the price is now below...
* Filecoin in 4H time frame forms Ascending triangle with it's resistance near $75.5 and the below trend-line as it's support. * The RSI divergence also appears on Filecoin, it occurs when there is no longer the same momentum between the price and the RSI indicator. * If the price breaks either side of the pattern we can see a healthy move.
* Cardano in 2H time frame forms Descending triangle pattern, with it's resistance as above trend-line and it's support near $2.0550. * Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the breakout. * If the price breaks the either side of the pattern it will give a good momentum till the given targets.
* XRP in 1H time frame forms a bullish pennant. * Pennant are the trend continuation pattern where the price consolidates between two trend-lines for a period till it breaks the pattern depend on the trend. Pennants are similar to flag pattern. * To continue the bullish rally XRP needs to break the upper trend-line.