🚨IMPORTANT PRICE UPDATE ✅ #DYMUSDT T:F - 1H #DYMUSDT currently trading at $3.540 and a BULLISH PENNANT PATTERN has been spotted. A BULLISH PENNANT is a bullish continuation pattern that signals the extension of the UPTREND. NFA DYOR(Do Your Own Research) Hit 🚀 if you guys want more Crypto PATTERN updates ! #DYMUSDT #crypto #Patterns #thesoumyoroyanalysis
#SUIUSDT T:F - 1 D We can see a DESCENDING TRIANGLE formation on #SUIUSDT, which generally indicates break to the DOWNSIDE. DYOR(Do Your Own Research) #SUIUSDT #crypto #Patterns #thesoumyoroy Hit 🚀 if you guys like my No Complex Analysis
#MANTAUSDT trading at $ 3.39 is trying to break up above the Symmetrical Triangle. Just waiting for th daily close, post that will share an update again! DYOR (Do Your Own Research) Hit 🚀 if you guys like it. #manta #updates #thesoumyoroyanalysis
#NEARUSDT is going through a sideways move trading at $3.88 #NEAR has successfully broken above the downward Trend Link at $3.244 on February 12th and since then has re-tasted the trend link SUPPORT zone at $3.143 and has shown us formation on new Higher Lows. Advancing the pair might face a minor Resistance at $4.343 where some short-of-profit booking is...
BINANCE:STXUSDT 4H #STX seem to have got the SUPPORT right! Post the 13th Feb. break up above the price range of $2.0472 the layer 2 blockchain that introduces smart contracts and decentralized applications to Bitcoin showed us a very impressive rally! It is currently trading at $2.6 sitting just above a SUPPORT ZONE with a ROUNDING BOTTOM PATTERN eyes...
#LITECOIN once again got some SUPPORT from the historical SUPPORT zone around $56 - $61. Since August 2023 #LITECOIN took multiple SUPPORT and POST 140 days of price action a SYMMETRICAL TRIANGLE formation is seen with multiple new HIGHER LOW formations each time giving enough SUPPORT and possibly pushing the price to break out above the SYMMETRICAL...
A symmetrical Triangle formation is seen on #MATIC and an immediate SUPPORT around $0.75 - $0.81 and also a RESISTANCE above $0.9. It looks very interesting, post early January fall of -30% #MATICUSDT has regained around 32.41% and is currently trading at $0.8875. In any case, the resistance at $0.9 has to be broken above to show more gains for #MATIC and the...
BINANCE:AVAXUSDT 1D #AVAX posts denial to fall yesterday the current level is $41.35. #AVAX recently broke UP above the month-long downward corrective price channel wherein the price fell to (-43.34%). However, it has already managed to recover more than half of what it lost UP by (26.91%) and the recovery may continue till the price hits $48. Nevertheless,...
BINANCE:OPUSDT 1D #OP(OPTIMISM) is currently trading at 3.731 and undergoing corrective moves on the daily timeframe. Nothing new for #OP! The price range of $3.570 to $3.972 has always acted as a strong zone of RESISTANCE for #OPUSDT. Since December 2023 the price has tried multiple times to break above $4 so far has failed to do so. However, things might...
#BNB(Binance Coin) on a 4-hour timeframe shows clear evidence of a BULLISH DIVERGENCE pattern. #BNB has reached the price of $338 in December 2023, since the local top price has seen multiple LH (Lower High). However, on the other side, the RSI is showing just the opposite and is forming new HL( Higher Lows) considering this and also looking at the support #BNB...
#LINKCHAIN (LINK) has successfully broken above the consolidation zone after being trapped there for long. The pair is currently on a very BULLISH move , and is approching a RESISTANCE zone at $22 - $24. Nothing much to do now, probable entry opportunities will appear once the RESISTANCE is broken or in case of further CORRECTION. Hit 🚀 if you like it.
#Cardano on the daily t.f could break above the falling wedge patter at any time. The pair after taking SUPPORT @0.4478 has seen almost 20% price PUMP, once #ADA breaks above the pattern we could see some further pump towards $0.5 & $0.6. Hit 🚀 if you guys want more Crypto Pairs analysis.
#ETHEREUM has taken up the SUPPORT at $2151 which has been a historic SUPPORT zone for #ETH. Post the top of $2717 on 12th Jan. the 2nd Major Cryptocurrency has gone through correction and has recently taken up again from the same SUPPORT range at $2151. $2151 has always acted as a strong SUPPORT level for #ETH from April 21 through Jan. 22. Adding a Cherry On...
#Solana has broken ABOVE a key Bearish Trend Channel, trading over $100. A major Bullish Move for the first time in the last 12 days. However the price might face a minor Resistance at $108, if broken above safe, we might see #SOLANA retesting Dec,23 highs of $126. Hit 🚀 if you guys want more Crypto Pairs analysis.
#EURUSD on an hourly chart is showing some small bit of consolidation due to the upcoming ECB interest rates decision on Thursday The overall price has been making new HL(Higher Lows) and approaching a SUPPORT at 1.08827, which might fuel the move UPWARDS to hit the immediate resistance at 1.09014. A breakthrough above will allow the pair to explore major levels...
#Solana is forming new Lower Highs as the price is in a corrective move. A decreasing volume and fear among traders might drag #SOLUSDT further deep, highly likely to break below the level of $84. If that happens, the next major SUPPORT level for #SOLANA is $78. #solusdt #crypto #marketpdates #thesoumyoroyanalysis
BINANCE:ETHUSDT 4H #Ethereum has formed a Symmetrical Triangle and has got a strong SUPPORT from the Moving Average. Considering all the +ve hypes surrounding the #ETHEREUM ETF, to me #ETH looks BULLISH pushing the price higher to the next level of RESISTANCE @$2700 Hit 🚀 if you guys AGREE with my view. #ethusdt #crypto #marketpdates #thesoumyoroy
#LINKUSDT T: F - 30 Mins. #LINKUSDT is going through a consolidation phase trading at $13.989. The pair started to consolidate on the 9th before getting closer to Zone Of Resistance. A Symmetrical Triangle Pattern Breakout is expected now, giving Scalpers an opportunity for a quick Entry and ride towards the RESISTANCE. In the Short Term, LONG ENTRY is...