- IOSTBTC has been on a mid-term uptrend.
- The uptrend is supported by the ascending trendline support (ATS).
- Price is testing the ascending trendline support.
- Price action is printing a pennant (P) pattern.
- A pennant pattern is a trend continuation pattern.
- A bullish continuation pattern in this case.
- There's a breakout potential.
Ethereum on a 4H chart - what to expect
As ETH/USD made a new ATH at $2,151, we expect a retracement around 0.5-0.618 Fibonacci Retracement, because the previous candle closed around $2,200, showing rejection at that level before continuing to a new higher high.
Overall, Ethereum has made another bullish signal for the bullish market action trend that has been...
- BTCUSDT corrected as expected from my previous analysis.
- Price retested the ascending channel support, ascending triangle support, horizontal support level and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There was a successful bounce off the retest zone.
- Price action printed the inverse head and shoulders pattern.
- Price brokeout...
BTT has great potential for 1 x in the next 14 days and beyond.
The breakout could happen anytime from the 9th April depending the market.
Next 48 hours could be a great to buy.
These are just my opinions and thoughts on the markets.
Not financial advice!!
The 4hr, 3hrs, 2hrs chart are showing signs of exhaustion, i think its time to bag in your profits and wait for the next buy opportunity.
remember buy when red and sell when green !
be fearful when others are greedy and be greedy when others are fearful !!
- BTCUSDT is printing an ascending triangle pattern bounded in the ascending channel.
- There's a possibility of a healthy correction
- A retest of the ascending channel support, ascending triangle support, horizontal support and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- A successful bounce off this retest zone could see the formation of...
- This is an analysis on ATOMUSDT based on the possible price actions in the coming days.
- ATOMUSDT recently hit an ATH.
- The market has been consolidating in a symmetrical triangle pattern.
- A relatively big move is imminent.
- We could see more upside or a correction
POSSIBLE PRICE ACTIONS AND CONDITIONS
- Uptrend : breakout above the...
The price action on this is just beautiful! Price has clearly made an impulse, correction and now in the process of another impulse.
To get into this trade, watch for bull flags on the smaller timeframe and enter. Invalidation level would be below the major trendline.
Goodluck and trade safe!
- RENUSDT hit a swing high and retraced.
- Price is retesting the flip horizontal support (FHS) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- The retracement was bounded in the falling wedge (FW) pattern.
- The falling wedge pattern is a bullish...