Both scenarios mentioned in the chart. If you like and understand the idea then hit folllow. Thanks.
ETHUSDT levels to watch. If it breaks $1420 level then the next major support is $1100. If it breaks $1100 level then the next major support is $660. REMEMBER - It's weekly chart and it could take weeks or even months to reach the main support levels. PATIENCE IS THE KEY. Note - If price can close above $2000 in weekly then it could shoot upto new Ath. (when??...
See how beautifully it played out. now price is getting resistance from MA200 (weekly) which sits at $1328. you guys can book profits between current price to 1421 area. if you liked the idea please hit the follow button for more such updates.
chzusdt is making a bull flag in daily timeframe which usually breaks to the upside. If it breaks then the next resistance is 0.2378 which is also the fib 0.618 ratio. If it breaks and confirm support above 0.2378 then the next target would be 0.2788 , 0.3311 & further respectively (mentioned in chart). resistance - 0.2378 current support - 0.2090 NOTE -...
As you can see in weekly timeframe chz has broken the trendline which was forming since october'21 & retested and confirmed it as a support. since then price rallied towards upside and got rejected by fib golden ratio and got the support on 0.18 which is also fib 0.382 ratio & as of now it's acting as a strong support. Price is now trying to break the nearest...
As compared to previous idea , now you can see how beautifully it got support on the below trendline of the channel. previous supports will act as resistance now. If price action breaks the channel downwards and confirm it in daily atleast then the major support and entry point should be 0.003383. TRADE RESPONSIBLY. NFA.
MFT is trading inside the parallel channel & its getting resistance from the upper trendline of the channel & also from the fib 1.68 level which is around 0.009924-0.009929. once it will break the upper trendline of the channel & confirm support above(0.009178) it in daily timeframe then the next resistance and target point is 0.009929. Immidiate resistance -...
VIDT tried to broke out from the bear flag but its getting resistance from the upper trendline of the channel & also from the previous trendline. It needs to break the bear flag and also the upper trendline & confirm support above in order to move further. immidiate resistance - 0.3130 strong resistance - 0.3304 & 0.3583 major support - bottom line of the...
price bounced off from fib 0.382 which was at 0.004840 & now its getting rejected around 0.0065. if price continues goes up den you can consider selling your positions at above resistance areas level by level. NOTE - It pumped hard and it will retrace for sure. Better to take some profits on the table.
SANDUSDT LEVELS TO WATCH CURRENTLY. After a nice recovery last month, since sand broke below this blue trendline and confirmed it as a resistance. It has retraced around 35% & now holding support of 0.89 cents. The nearest resistance is around 1.02 area. green horizontal lines - Support red horizontal lines - resistance.