Crypto-Oracle1

Crypto-Oracle1

Very important range (0.950 - 1.01) $ If the daily candle closes below 0.950, there is a good chance we will see a range of $(0.6147 - 0.5523). If we find support in the current range (0.950 - 1.01) $ and then break the downtrend line and the daily candle closes above it, we can consider targets at $1.4 and then $2.14. Finally, we can consider a long-term target...

Crypto-Oracle1

We have been supported by an upward trendline for a considerable period. However, for the past few days, we have been trading below a downward trendline, and the consolidation is intensifying. Both bullish and bearish scenarios are worth considering. In a bullish scenario, we could anticipate a breakout above 13.97 with the specified targets in mind. Conversely,...

Crypto-Oracle1

Price is currently trading below a downtrend line. Every time price has touched this trendline, it has experienced a sell-off. Price is now approaching the trendline again, and after 3 previous touches and sell-offs, it appears that the trendline may be has weakened Therefore, a breakout of the downtrend line and the 25.2 level can be expected. If this occurs, we...

Crypto-Oracle1

After numerous encounters with both the rising and falling trendlines, we find ourselves in a tight consolidation phase, poised for a breakout in either direction. The potential range for this breakout could be as significant as 48%. Scenario 1: Bearish Breakout If the price breaks below the descending trendline and subsequently breaches the 0.1317 support...

Crypto-Oracle1

Bitcoin has been trading sideways within a broad range for an extended period, frustrating traders who have been eagerly anticipating a breakout. The current price action suggests that a significant move, either upwards or downwards, is imminent. In this analysis, we will explore two potential bearish scenarios and one bullish breakout scenario, along with key...

Crypto-Oracle1

NEAR Protocol is currently trading within an ascending channel, with clear reactions to the channel's support, resistance, and midline. Based on current market conditions, our first expectation is for NEAR to break above the $6.037 resistance level and continue its upward trajectory, supported by the $5 level. This could lead to price targets of $7.4, $8.9, and...

Crypto-Oracle1

ARB has broken through the 1.16 level and is expected to find support in this area. After receiving support at this level, we can anticipate a move towards higher numbers with a potential breakout of the higher resistance at 1.236 (a breakout would be confirmed by a 4-hour candle closing above this price). The first target for this move would be 1.395, followed by...

Crypto-Oracle1

The ATOM bullish trendline is about to break. Short trade possibility: Entry point: After breaking the bullish trendline and the $10.72 range Profit targets: $10.25 $9.68 $8.98 Long trade possibility: Entry point: Above the $11.40 range Profit targets: $12.58 $14.14 Important notes: This analysis is for informational purposes only and should not be considered...

Crypto-Oracle1

After a pullback to the descending trendline of the symmetrical triangle, we can either: 1. Expect a continuation of the uptrend: Open a long position after breaking the $73,200 resistance level. Target the $80,000 level. 2. Consider the possibility of a false breakout: The bulls might be accumulating liquidity before a move down. Enter a short position in the...

Crypto-Oracle1

Bitcoin has been consolidating within a symmetrical triangle pattern for the past 24 days. A breakout above the triangle's upper trendline would signal a continuation of the previous uptrend. This bullish scenario could propel prices the opening up the path towards the $80,000 target. Conversely, a breakdown below the triangle's lower trendline would indicate...

Crypto-Oracle1

After touching the $7.15 area three times, we can consider this area weak. If the price breaks and the candle closes below this range, we can expect the following targets: 6.88 6.68 6.45 And exit the trade in the range of 6.17 - 6.10. Things to keep in mind: This is only a technical analysis and there is no guarantee that targets will be achieved. Always do your...

Crypto-Oracle1

ADA ( CARDANO) Potential for a 20% Drop ! We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price. Key Factors to Consider: Confirmation of Pattern: The pattern should be confirmed with a break below...

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Diamond Pattern Analysis After breaking the upward trendline, a downward movement can be expected. The first target is $44 and the second target is $35. If the downward trendline breaks, an upward movement towards higher numbers can be expected. The first target is $69 and the second target is $81. It is crucial to set a stop-loss because this pattern doesn't...

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After breaking the range of 2.95, we can expect to continue until the next range, which is 2.63

Crypto-Oracle1

Though it may seem like a fantasy, I believe Bitcoin could potentially surge towards its weekly trendline, setting the stage for a monumental bull run. Envisioning this scenario, we could witness a period of consolidation within this zone, preparing for a corrective phase that will likely commence post-Bitcoin halving. Historical instances of 50% retracements...

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We are in a good position to potentially break out of the range after 497 days, as indicated by the formation of a flag pattern. This pattern suggests a bullish continuation, and if the breakout occurs, it could provide a significant target.

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After 690 days, we are approaching the end of the triangle. We can expect trend line test, followed by a reversal and a break of the $3.8 resistance zone. This could lead to our first target of $5, and then $8 is not out of the question. Please note that this is just my analysis, and you should always do your own research before entering a trade. The profit and...

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Celo has been consolidating within a 100% range for nearly 450 days. A breakdown below the critical $0.65 support level and trendline could lead to a drop towards the lower $0.40 range. A breakout above the key $0.85 resistance level could signal a reversal and lead to a rally towards the upper $1.197 range, with potential for further gains to $2.3. Always conduct...