weslad

weslad

LIT/USDT is trading under significant resistance from a trendline that has held its ground through two separate tests. This established trendline showcases the coin's difficulty in surmounting this barrier. Whereas, currently, the price trajectory suggests the formation of a bearish continuation pattern. Notably, a bear flag seems to be in the making, which, if it...

weslad

Hello, Having a close look at AGIX/USDT reveals an intriguing potential descending wedge pattern. Coupled with Elliott Wave principles, this offers a comprehensive perspective on the upcoming movements. The price trajectory has completed Waves 1, 2, and 3, with Wave 4 currently in progress. This suggests that upon its completion, we're likely to observe another...

weslad Updated 

BNBUSDT is currently exhibiting a descending triangle formation on the chart, characterized by a horizontal support line and a downward-sloping resistance line. Within this descending triangle, there appears to be a bear flag pattern forming, which suggests a continuation of the prior downtrend after a brief consolidation period. The bear flag's target is...

weslad Updated 

Hello, It's been a while have been closely following the GBP/JPY pair as it moves in a strong uptrend within a potential rising channel. This pattern, characterized by higher highs and higher lows, indicates the dominance of the bulls over the market in the recent period. However, recent activity suggests a possible change in the dynamics. Immediately after the...

weslad Updated 

Have been tracking the movements of BLZUSDT keenly, and recent events have made the coin even more intriguing. It will be interesting for you to know BLZUSDT recently showcased significant bullish intent. The price successfully broke free from its prior descending structure, signaling a potential change in market structures. But instead of aggressive...

weslad Updated 

HFTUSDT is evidently in the midst of a strong downtrend, having already traversed through 4 out of its predicted 5 downward wave legs. One of the most notable areas on our chart right now is the immediate resistance level. As the price nears this zone, it presents a promising short opportunity, assuming the resistance holds firm. However, while this...

weslad Updated 

We're currently observing intriguing patterns in CyberUSDT's price movements, specifically what appears to be an ending diagonal wave formation with an extended wave pattern. As of our recent observations, the immediate resistance zone shown on the chart, stands out as a formidable barrier for CyberUSDT. Its persistent presence has acted as a ceiling for the...

weslad

"Dydxusdt showcases a strong triple bottom pattern, further confirmed by two established peaks. Despite breaking above these peaks, the price has retraced below them, signaling a potential pullback. Our immediate area of interest emerges as an attractive buy-back zone, but for safety, consider placing stops below the pattern's bottom. The chart displays the...

weslad

Highusdt currently faces a formidable barrier, trading beneath a pronounced downtrend resistance. This landscape becomes even more intriguing when observing the 5 distinct downward wave legs. Such a pattern typically foreshadows an ABC correction, an insightful clue even if we anticipate the continuation of the current trend. Guided by these observations, I've...

weslad

HookUSDT remains in a corrective phase, seemingly confined within a descending channel. An immediate resistance zone is on the horizon, closely aligning with a significant trend pivot at 1.0928. Our projection suggests a touch of this zone before embarking on a descent to complete the correction's remaining leg, aiming for the BULL DEMAND ZONE. We should tread...

weslad Updated 

Hello, The ETH/USD pair has recently caught my attention as the price has been forming within an ascending triangle setup. This pattern is usually considered a bullish signal, however, it's crucial to pay attention to the resistance and immediate support of the pattern to anticipate where the breakout may occur. The ascending triangle's resistance and support...

weslad Updated 

In this analysis, we will examine the price action of FETUSDT which suggests the beginning of a major Wave 3, which is typically the longest and strongest wave in an Elliott Wave cycle. Currently, it appears that sub-Wave i of Wave 3 is nearing completion, indicating a potential short-term reversal before the continuation of the uptrend. As sub-Wave i of Wave 3...

weslad Updated 

As you can see from the chart, VITE/BTC has recently broken down below the trendline support. This breakdown is likely to lead the price towards our designated zone of accumulation, which is shown as a slant channel around 0.00000051. We have identified this area as a potential turning point for the pair, offering a possible buying opportunity for traders. If the...

weslad Updated 

RAREBTC has been forming a bearish pennant structure on the chart, which is a continuation pattern that forms after a sharp drop in price. The pattern is formed by a series of lower highs and higher lows, and the price tends to trade within the pennant until a breakout occurs. Currently the price already break down from the bearish pennant structure and expecting...

weslad Updated 

We're currently witnessing intriguing dynamics in the CRVUSDT chart after the recent breakdown from a rising wedge pattern, bearish sentiment seems to be in play, but there are specific zones we should take note of. CRVUSDT exhibited a classic breakdown from the rising wedge pattern. The base of the rising wedge is now our immediate focus. As we approach this...

weslad Updated 

Hello beautiful people, Today, we are observing a potential bullish reversal setup in the CVCUSDT trading pair, primarily governed by the classic "Falling Wedge" pattern. Here are the important level to watch for: The pair is trading within a distinct falling wedge pattern, which is typically perceived as a bullish reversal signal post a downtrend. The...

weslad Updated 

Price has been respecting the downtrend line with every pullback on it getting heavily rejected. The current trade idea is based on this and we plan to short with our stop loss above the trendline. The targets are shown on the chart.

weslad Updated 

GALUSDT has been in a strong downtrend, and a significant rejection on an important trendline has further reinforced this bearish momentum. The market has struggled to regain strength, indicating a continuation of the downward move. The recent breakdown of an important support zone has raised concerns. This development has increased the downside risk,...