ADAUSDT is trading in a range. It is trading near the top of rectangle . We are expecting an upside breakout. The upside target will be 0. 7305. One can place stop loss below the rectangle . Trade your levels accordingly.
SANDUSDT has printed inverse Head n Shoulder Pattern on 4H timeframe. Currently the right shoulder is in making, we will be monitoring it for a breakout above the neckline. The target for the upside is 1.70 Failure to break the neckline, the pattern become invalid and may further fall. Trade your levels accordingly.
WAXPUSDT is trading at resistance zone. The same zone is also a triple top zone too. The price needs to be stabilized above the resistance zone. The bearish candles on top will confirm the price action rejection from resistance. The bulls needs to break above the resistance zone. While bears will be active below the resistance zone. Manage your levels accordingly.
ATOMUSDT has been trading near the resistance zone. The price action previously get rejected from same zone. The same zone is confluence of multiple resistance. The same zone is also 0.38 fib level of bearish rally. The same zone has a falling resistance too. it is also a double top formation. The bulls will be only get in control above the mentioned resistance...
USDJPY has defined its top near 140 level where multiple divergences appeared on the indicator showing reversal or short-term retracement. Currently, the price is trading below the 100 MA where near-term support find in the 130 areas (38% Fib). Bears are in control? Or it is just a retracement for the further bullish move? Tell us what do you think in the comment.
EURUSD has been trading in a range for more than 2 weeks now. The price looks ready to break the congestion zone. On longer tf, the pair is trading in a bearish parallel channel. It has defined its bottom near the channel bottom and horizontal and psychological level of 1. We are expecting a bullish rally in the pair as EUR looks pretty strong in days to come....
LINKUSDT has been trading near the horizontal resistance. It is also a confluence point having trendline resistance too. The break above and sustain above will be confirmation of breakout. Long posit can be taken above in this above 8.20 with stop loss of 7.50. Trade your levels accordingly.
MATICUSDT has been trading above the falling resistance. Recently it break the falling trendline. Now key zone for bulls is to break above the horizontal resistance zone. While rejection from falling resistance will bring bears in party. Trade your levels accordingly.
MANAUSDT for a long time was trading below the falling resistance. The price has honored the horizontal support many times. Now the price has broken above the falling resistance. One can enter long in this trade While stop loss should be on 0.95.If price break below the trendline the break out will be turned into a fake out. Manage your levels accordingly.
FARMUSDT break the rising support. Now after breaking below price action multiple times took a hit from rising trendline acting as a resistance now. The price now need to break above the rising trendline resistance. The rejection will bring bears in complete control. While break above will favor bulls. Trade your levels accordingly.
ALGOUSDT has given breakout from falling trendline. The price action is expected to grow from here. The price is consolidating above break of falling resistance, while holding an important support zone. The bulls are in control . If price break below the trendline the break out will be turned into a fake out. Trade your levels accordingly.
BICOUSDT has been trading in a triangle from last 8 weeks. The price is consolidating under the . falling resistance, while holding rising support. We are expecting a breakout from triangle. The bulls need to break above the falling resistance and to hold support. While all will be over for bulls case of break below of triangle. Trade your levels accordingly.
WINGUSDT has gain 970% from our last update . Now currently it has hit the 0.78 fib level. The same zone is a confluence zone having falling resistance too. So a price took a beat from same mentioned zone. Now break above the falling resistance will be the continuation of bullish trend. While below resistance bears will be in control and bearish candles formation...
AUDCHF has broken the rising support. The price action is trading near the horizontal support. The break below support will lead it towards the downside as yet another support is broken. We are expecting the price to go down from here but first, it needs to retest the support area . So short position can be taken at that zone. Trade your levels accordingly.
AUDUSD recently give breakout by breaking falling trendline resistance. The price action is currently retesting the breakout zone. While having a strong support zone. We are expecting price can retrace to 50% fib level. The bullish candles formation on breakout retesting zone will confirm the bullish trend continuation. Trade your levels accordingly.
AVAXUSDT has been trading in a symmetrical triangle. The price action again approached to the falling trendline. The bulls need to break the falling resistance and sustain above it for further continuation of bullish trend . While bears will be in party only below the falling resistance. Trade your levels accordingly.
MOVRUDST has broken the falling trendline resistance. It is expected to go up from here. One can enter long in this trade While stop loss should be on 11.If price break below the trendline the break out will be turned into a fake out. Trade your levels accordingly.
RNDRUSDT is taking support from rising trend line . Now it is again near to the the falling resistance. The break of resistance line will favors bull. We are expecting bullish trend continuation after break above the resistance zone . While any rejection from resistance zone will pull it back to the rising trendline. Trade your levels accordingly.