◳◱ We've a Double Bottom pattern on the NASDAQ:HOOK / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the neckline at the current price. The next resistance key levels are at 0.821 | 0.8648 | 0.9671 and the major support zones are respectively at 0.7187 | 0.6602 | 0.5579. ◰◲ ...
◳◱ A Resistance Breakout has been identified on the AMEX:NEAR / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 1.094 | 1.131 | 1.23, and the major support zones can be found at 0.995 | 0.933 | 0.834. Consider entering at the current price zone of 1.151...
◳◱ We've a Double Bottom pattern on the TSX:CHR / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the neckline at the current price. The next resistance key levels are at 0.0977 | 0.1025 | 0.1138 and the major support zones are respectively at 0.0864 | 0.0799 | 0.0686. ◰◲ ...
◳◱ A Bollinger Band breakout has been identified on the NYSE:MAV / CRYPTOCAP:USDT chart, as the price has breached the upper Bollinger Band. This occurrence suggests the emergence of a potential bullish trend. Noteworthy resistance levels can be observed at 0.2429 | 0.2621 | 0.3038, while significant support zones are located at 0.2012 | 0.1787 | 0.137. It is...
Bitcoin (BTCUSD) had yet another great fractal signal last time we looked (October 13) that caught this whole $8000 rally from the 1D MA50 (see chart below): Many still argue that fractal analysis doesn't work, but for BTC in particular it has proved that time and time again, helps at providing timely entries and exits, especially on the long-term...
◳◱ An intriguing development has unfolded on the EURONEXT:MC / CRYPTOCAP:BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.00001668 | 0.00001839 | 0.00002246 and the significant support levels...
◳◱ We've a Double Bottom pattern on the MIL:WLD / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the neckline at the current price. The next resistance key levels are at 1.779 | 1.926 | 2.262 and the major support zones are respectively at 1.443 | 1.254 | 0.918. ◰◲ General...
Chainlink (LINKUSD) smashed through our 8.000 target (and the Lower Highs) that we set on the September analysis (see chart below): The price made a 17-month High, broke above the 1W MA100 (green trend-line) for the first time since the week of February 07 2022 and has essentially welcomed the new Bull Cycle as it's now above even the Bear Cycle's Lower...
One of the cryptocurrencies that came to our attention recently is Binance Coin. Currently, it trades near $213, down nearly 40% from its summer highs, which makes a compelling case for a rebound. As a result, we watch a setup with a long position entry above Resistance 1 and a tight stop-loss order below it; Resistance 2 will act as our price target level if the...
Conflux crossed today over the top of the April Channel Down, as well as the 1D MA50. The 1D technical outlook has turned overbought instantly (RSI = 71.137, MACD = -0.001, ADX = 36.832) but that might not weigh against a continuation of the uptrend as the 1D MACD just formed a Bullish Cross. The intra day pullback is a buy opportunity, aimed at the R1 level and...
◳◱ An impressive Resistance Breakout and Confirmation has been detected on the LSE:WIN / CRYPTOCAP:USDT chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 0.000062 | 0.0000638 | 0.0000673, while substantial support...
◳◱ A Bollinger Band breakout has been identified on the EURONEXT:AAVE / CRYPTOCAP:USDT chart, as the price has breached the upper Bollinger Band. This occurrence suggests the emergence of a potential bullish trend. Noteworthy resistance levels can be observed at 86.16 | 93.05 | 112.49, while significant support zones are located at 66.72 | 54.17 | 34.73. It is...
Mina (MINAUSD) is having the strongest 1D candle in its history, so far more than +80%, breaking above the 1W MA50 (blue trend-line) with ease for the first time since late April. What's next is the 1W MA100 (green trend-line), which on this momentum can get hit even today, and is slightly above the 0.382 Fibonacci level (1.0922). The actual horizontal Resistance...
Polygon (MATICUSD) closed yesterday above the 1D MA100 (green trend-line) for the first time in 6 months. At the same time it broke above the top (Lower Highs trend-line) of the Falling Wedge pattern since February 18. The 1D RSI was already on a Higher Lows Bullish Divergence since Augst 22 so this is a technical bullish break-out for the long-term. Our target is...
◳◱ A Bollinger Band breakout has been identified on the HOSE:GAS / CRYPTOCAP:USDT chart, as the price has breached the upper Bollinger Band. This occurrence suggests the emergence of a potential bullish trend. Noteworthy resistance levels can be observed at 2.505 | 2.709 | 3.052, while significant support zones are located at 2.162 | 2.023 | 1.68. It is...
◳◱ Hey traders, we've identified bullish signals on the $LINK / $BTC chart through the detection of both a Bollinger Band breakout and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance...
Bitcoin (BTCUSD) almost hit today 31050, which is the Shoulder level from the April 14 High that formed the Left Shoulder of the Head and Shoulders (H&S) pattern of the last 6 months. As long as this holds, it will be the Right Shoulder of the pattern, which translates into a Sell Signal, targeting the 28150 Support and potential contact with the 1D MA50 (blue...
◳◱ An intriguing development has unfolded on the NYSE:FUN / CRYPTOCAP:USDT chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.004666 | 0.005122 | 0.005956 and the significant support levels found at...