Last weeks high: $28152.7 Last weeks low: $26737.6 Midpoint: $25322.5 When compared to last weeks outlook, we had what basically looked like a heartbeat monitor in price action. A flatline with a big pulse in the middle of the week from the midpoint then to weekly low, then high then straight back to the midpoint. Now when looking at the previous weeks price...
Let me know what does the aforementioned weekly candle mean? Are the targets suitable?
Hi Traders, Investors and Speculators of Charts📈📉 A quick look at Cardano. First, let's establish the Macro Market Phase that we're current trading in. This helps manage realistic price action. ADA is currently in pre-bull market phase / accumulation phase, in other words it is a great time to accumulate for the rally to come with scattered buying orders....
Sandbox looks like is going to new lows for the year. The next support from here is 0.1700. The last time this support was tested was in June 2021. Same the bitcoin dominance continues a lot of alt coins will make new yearly lows.
Entry .90c-1.00 Clear cup and handle pattern. Repeat of cup from .93c gives a completion target of around 8.00
SKL created a nice floor. Clear resistance and potential inverse head and shoulders setup under resistance.
FTMUSDT is on a strong demand zone. If this support level holds the price will rise to $0.30 which is the next strong resistance area
Resistance and target = 8100. Bullish divergence on Fisher, a nice "U" forming. on the KDJ and a "V" spike on the Stoch RSI. Bollinger squeezing hard on YFI as well. All signs for breakout. The risk/reward ratio is 3.58 : 1. -12% down to trendline of 5000 (risk). +43% to upside target of 8100 (reward).
Hi Traders, Investors and Speculators of Charts📈📉 TRXUSDT has turned bearish in the short term Timeframe. From a technical indicator perspective we see clearly that the trendline has been broken and now the price is closing candles UNDER the trendline. This is bearish for the short term. However, from a weekly outlook, Tron is still bullish. This could mean...
Plan is simple. Break the trend line = short to the box. Dotted green line is TP1. Let's see.
BNB looks set to return to the $220 range once again
RNDR has been bearish for some time now. And from current chart patterns it looks like the bearish momentum will continue. Current price is 1.383 and the next strong support level is at 1.115. short RNDR hard
Total 3 trend lines are broken and fall to at least 322 The mid-term targets are as follows 318B$ 314B$ 311B$ 309B$ If altcoins fall, they can fall between 5 and 20 percent
#CryptoWhale100Billion Alt Coin Analysis: Atom My analysis shows that Atom may experience a bullish trend in the medium term. The current price is hovering around the support level of $7, and if it manages to hold this level, we can expect the price to rise to the next resistance level at $8 and potentially break out. The RSI indicator is currently in the...
BINANCE:PEPEUSDT Hello Traders, please check out my previous ideas. If the price stabilizes below the yellow area, the long scenario won't be fulfilled. Targets are on the chart. Optimum stop-loss is below the 0.0000008415 level. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you leave comments and...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Giving off some looks here for an Elliott Wave flat pattern in motion. Not the most ideal interpretation, tbh, but if certain parameters play out, confidence will...
In my personal opinion, the price of BTC has failed to increase following the appearance of a strong bullish candle as indicated on the chart. Moreover, selling pressure has resurfaced, raising the likelihood of a substantial decline in Bitcoin's value in the upcoming days.
If you enjoy this analysis, please like and follow. Ever since BTC fell through the 2023 bull-market support line, things area looking bad for the market. I've made several bearish bets recently, which have been playing out great. Some investors like to flip-flop their bias constantly, but it's much more beneficial to approach the market from a IF-THEN...