◳◱ We've detected an Ascending Triangle pattern on the CRYPTOCAP:ADA / CRYPTOCAP:BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance levels are at 0.00000969 | 0.00000994 | 0.00001044 and the major support zones are respectively at 0.00000919 | 0.00000894 | 0.00000844. ◰◲ General info : ▣ Name:...
◳◱ A Resistance Breakout and Confirmation has been detected on the CRYPTOCAP:XTZ / CRYPTOCAP:USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.78 | 0.842 | 0.943, and the major support zones can be found at 0.679 | 0.64 |...
◳◱ On the $SOL / $USDT chart, we've noticed a Trendline Breakout and Confirmation. A big bullish candle has verified the price's break over a significant resistance level, which suggests the beginning of a prospective bullish trend. Taking in consideration The next resistance key levels are at 23.93 | 26.36 | 30.92 and the major support zones are respectively at...
◳◱ An impressive Resistance Breakout and Confirmation has been detected on the JSE:GRT / CRYPTOCAP:BTC 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 0.00000437 | 0.00000492 | 0.00000577, while substantial support...
XRPUSD is having an immense rally today following the latest market news that pushed the price over the 1W MA100 for the first time since April 26th 2022! The 1D technicals are bullish (RSI = 68.180, MACD = 0.000, ADX = 23.552) but should end overbought soon and the R1 (0.65615) is the final barrier before a new parabolic rally starts. We will use the R1 as a...
Pair : INJUSDT ( Crypto ) Description : Completed " 12345 " Impulsive Wave and " A " Corrective Wave Fibonacci Level - 78.60% Divergence - RSI Break of Structure Symmetrical Triangle in STF as an Corrective Pattern
1INCHUSD crossed over the 1D MA50 today for the first time in almost 3 months (April 19th). As the 1D timeframe turned technically bullish again (RSI = 57.661, MACD = -0.003, ADX = 31.888) we are going on a short term buy, targeting the top of the six month Channel Down (TP = 0.38500). A candle close over the 0.382 Fibonacci level, will be a bullish breakout...
FTTUSD, the FTX Token, held the 1D MA200 and since yesterday it is rebounding with aggression on a 1D timeframe that turned bullish again (RSI = 61.498, MACD = 0.102, ADX = 42.568). As the LMACD is about to form a Bullish Cross, this leg is the second wave of the rally to the R1 we spoke of last month. We are therefore adding an extra long, targeting the...
◳◱ A Resistance Breakout has been identified on the JSE:LSK / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00002827 | 0.00002996 | 0.000033, and the major support zones can be found at 0.00002523 | 0.00002388 | 0.00002084. Consider entering at the...
Conflux (CFXUSD) made a low two days ago on the 0.1725 Support and along with the June 15 Low, makes so far a Double Bottom formation. It is no surprise then to see the price on a strong 1D candle today, headed towards the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line). The pattern since the March 19 High is a Channel Down, so if the Double Bottom...
Compound (COMPUSD) is rebounding after the initial rejection on the 71.500 Resistance that goes all the way back to the August 10 2022 High. As long as it holds, we will trade within that and a Higher Lows trend-line. The 1D RSI pattern is identical to the January 15 - 30 peak formation, which also traded in range before the 1D MA50 (blue trend-line) broke and...
Ethereum (ETHUSD) continues to trade within the Channel Up that started on the November 2022 market bottom and is currently supported by the 1D MA50 (blue trend-line). This draws comparisons with the final consolidation after the March 10 Higher Low at the bottom of the Channel Up. Both in price and 1D RSI terms the two fractals form an Inverse Head and Shoulders...
Coinbase continues to gain after breaking up and out of the neckline of an inverse head and shoulders pattern, price is up +10% today - trade was initiated last week upon seeing the inverse head and shoulders breakout. Due to the pop in price today I've raised my stop-loss level to $85.75 in case price reverses on profit taking. This stop level ensures that I...
The chart shows the main trend of the Binance exchange coin. Timeframe 1 week. Logarithmic graph. A trading idea for understanding where the price is in the main trend and what the potential of the price movement is. It should be noted that the main trend is quite strong and has formed an upward channel at a distance. The lows are constantly rising along with the...
◳◱ An impressive Resistance Breakout and Confirmation has been detected on the SET:SC / 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 0.00391 | 0.00458 | 0.00563, while substantial support zones are...
WAVESUSD crossed above the 1W MA50 for the first time since April 18th 2022. With the 1W time frame turning neutral (RSI = 48.860, MACD = -0.216, ADX = 28.633) this should be treated as a first indication of a long term trend change but will get validated only if the 1W candle is closed above the MA50. We will go long on that signal and will target the R2 on the...
BTCUSD is cruising on the 1W time frame as its technicals stabilized on steady bullish action (RSI = 61.246, MACD = 1832.600, ADX = 31.118) and looks ready for the next price push to 40,000. Based on the Wyckoff methodology, the current Re-accumulation phase could be as prolonged as the Accumulation of July 2022 - February 2023. The Buy Accumulation phases of 2021...
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! Dillies gave me FOMO feels, less now. I may miss, but I wait for directional proof, by watching how it retraces. Every spike in this range has been...