DAIUSDT has recently broken out from a falling wedge pattern, which is a bullish reversal pattern. The breakout has been confirmed, with a completed re-test of price, which is also a bullish sign. The price facing immediate threat with local resistance level around 0.515 and a support level at around 0.314. If the coin is able to break through this resistance...
Algo make massive drop from ATH and found bottom around 78.6% and 88.6% fib retracement level. We should focus more on immediate resistance zone and expect price to flip it and make it to become support. Buy back zone is a good zone to pick some bags.
RUNEUSDT has recently exhibited a Descending Broadening Wedge pattern on the weekly chart, with wave ABC already complete and the coin preparing for Wave D. Price is forming a leading diagonal immediately after wave C, suggesting that the bullish trend may continue to form Wave D. The expected target of Wave D is 50%-61.8% of Wave BC, indicating a potential price...
GLMRUSDT has formed an M pattern on the daily chart, indicating a potential trend midterm reversal. The M pattern is a technical analysis pattern that occurs when a coin price reaches a high, pulls back, and then reaches another high at nearly the same level as the previous high before pulling back again. In the case of GLMRUSDT, the first high was formed on...
Hello, crypto enthusiasts! Today we have an exciting update on the KAVAUSDT trading pair, as technical analysis indicates a potential breakout from a bullish flag and pole structure. This pattern suggests that KAVAUSDT may be on the verge of a significant move upwards, with a price target of $2.081. Let's dive into the details. Technically speaking, KAVAUSDT...
Oceanusdt has recently experienced a significant bullish price flip, breaking above an important neckline zone. The break above the neckline zone signals increased buying pressure and a potential trend reversal from bearish to bullish. This area of interest represents a crucial level for the asset's future price direction. With the price holding above this zone,...
PMAUSDT is currently trading within a well-defined downtrend channel, with price action consistently respecting the channel's boundaries. The recent bounce off the bottom trendline within the downtrend channel has generated increased interest among traders and investors. The key level to watch are the lines drawn on the charts and finally the upper trendline....
Price bounced off critical support zone and its immediate target will be our resistance level plotted on the chart.
OPUSDT has recently experienced a breakout from an ascending triangle pattern, a bullish technical formation that I believe must have caught the attention of majority of traders and investors. Following the breakout, the price pulled back to retest the neckline of the triangle, which has now become a major area of interest for buyers. The neckline, previously...
The ICPUSDT pair has recently broken out of a falling wedge pattern, indicating a potential bullish reversal. The area of interest zone is currently a prime location for accumulation, as it offers an attractive risk-reward ratio for traders. Should the price break above the local supply zone, it is expected to reach a mega target of $28. On the other hand, a...
Hello, TradingView Community! Today, we're looking at CTKUSDT, which has recently experienced a major break of its descending triangle structure. This move has generated a significant bullish sentiment and could present an exciting opportunity for us. It is important to note that CTKUSDT had been consolidating within a descending triangle pattern for quite some...
FLOKIUSDT has recently broken out from a major downtrend, presenting a potential long opportunity. The accumulation zone is an ideal area to enter long positions, with an immediate target of 0.000057244 and a final target of 0.00012377. This represents a potential profit of 286% from the entry zone. Exit long positions if the price closes below 0.000025648. Always...
In November 2021, DOTUSDT reached its all-time high (ATH), which was followed by an immediate major correction. The correction is now assumed to have reached a potential bottom. From here, we expect the price to continue rising, targeting the leg B of the correction wave. As shown on the chart, the correction wave appears to be in a three-wave structure, with the...
VRAUSDT has completed the correction of its big wave cycle 1 and now bounced from the 61.8% Fibonacci level of ATH and ATL. This is a positive sign for the coin, as it indicates that buyers are stepping in at this key support level. If the price continues to hold above the 61.8% Fibonacci level, we could see further upside potential for VRAUSDT. However, it's...
Downtrend channel observed with price aiming to test the top level trendline as the immediate resistance zone. We plan to accumulate within the demand zone area.
GALAUSDT completed 5 wave legs from its ATH of $0.8412 and has undergone a significant correction after reaching its ATH, but the price reached an important bottom at $0.0154, which could be the end of the correction and the beginning of a new uptrend. The price responded well to the bottom, showing an immediate bounce. This bounce crossed above the trendline...
Price is trading around very strong resistance which also acting as a NECKLINE. If a retracement happen from here then we should expect the NEO to form inverse SHS with the Right shoulder turn to be a perfect BUY BACK zone. But at same time considering the general market sentiment, full attention should be placed on the Neckline, because if price breakout from...
Discovered a bullish pennant in the making, then within this setup we have price break through descending broadening wedge and the pull back is done with price already on the run to test upper trend line of the pennant. Moreover, checking through the structure via lower timeframe we also discovered a two in a strong bullish pattern which are: i. Price break...