Salaam ETH is located in a descending channel that is a bullish and reversal sign. I prefer to buy at the channel's support line that is near the long-term key level at 2620. Also, could wait to break the channel to the upside. Manage the risk, Good luck,
Hi Traders, CADCHF is consolidating within a bearish continuation correction which with the Global events occurring I suspect CHF to gain strength. Price action clearly shows sharp impulses after the corrections complete and with the Russia and Ukraine tension happening, we may expect another impulse move downward. Always wait for confirmation before taking...
Salaam Link are gong to break the descending channel. You cold wait for break and retest but personally I've entered. Good luck,
SOLUSDT, According To This Descending Channel, 80$ is coming! We can see that Sol is moving in this descending channel, So we expect to see more drop up to the bottom of the channel and static support area. According to my analysis on SOL, $82 will be touched easily! The important question is that what will happen after that!? At this moment, I can't predict...
Hi Traders, Looking at NZDCHF, we can that price impulsively pushed down from mid 0.65 which made bearish continuation which then pushed down further creating another continuation correction. Price is moving within an LTF ascending channel which we should see a drop to the lower boundary 0.611 range. As the Global events happening between Russia and Ukraine,...
If we're going to see alts continue to gain in dominance, it needs to turn around here. That's not to say that it couldn't ride the bottom for longer before it turns up, but we shouldn't see it drop much lower. Lose the channel and expect it to move down more before up. Bitcoin dominance looks like it's very close to moving down, having created a wedge here...
Based on the chart here, the price is still stay above the channel support ✔️ and we have major support here for the price too ✔️ and we can see gain for the price from here or after the completing the retest of the channel 🚀 if the price breaks the upper resistance located on the chart, we can see more gain 🚀🚀 Please, feel free to ask your question, write it...
AS we can see Descending channel here break to the upside and the price now is retesting this breakout only after a valid retest we can expect more rise here like the green arrow on the chart. Notice: If the price goes below the Major support then the market is again bearish and we can expect a local fall here. <>
On weekly chart, - Negative signal RSI, BTC need a positive divergence signal. RSI < 50, BITSTAMP:BTCUSD down in range 70-80% from ATHs. Right now, BTC just downed more 50%. So it's done? Maybe not yet. But when zoom in BTC has been downing more 35K equivalent to previous times. If the decreasing has done, BTC comes back to the race go up to...
As I mentioned in my previous analysis ✔️ the price has started to gain and breaks the descending channel to the upside 💣🐳💣 and now here we can expect the possibility of retest to the descending channel before more gain 🚀 or from the support area here, we can see more bullish candlesticks 🚀 Please, feel free to ask your question, write it in the comments...
Hey traders, It looks like the channel that we discussed yesterday is broken. With a high momentum bearish candle the market closed below a support line of a rising parallel channel. I believe that soon we will see a bearish move to 87.0 level. ❤️Please, support this idea with like and comment!❤️
The price continues to move in a downward channel. On the correction, a gravestone doji candle was formed, which indicates a reversal of the movement. I expect that the price may fall to the level of $1.13205.
I opened the shorts position due to the broken upward trend channel and after the pullback
Will HBAR continue this downward trend on this descending channel? We have seen a sell-off between 50% to 48% once top hit. Could we see a possible price at bottom of this channel between $0.15 and $0.13? Let's see what happens in conventional markets.
Investigate the possibility of falling prices up to $20,000 In the weekly timeframe, BTC is moving in an ascending channel after a strong rally which happened in 2020. For now and as you can see, The BTC is moving in the lower boundary of this ascending channel. As I mentioned on the chart, $33,500 is a critical support zone for me, Just 1 candle close below...
Hello traders: Lets take a look at USOIL and the possible bearish price action its developing. Price has formed into a larger, higher time frame expanding structure, with a few swing highs and lows to confirm a structure in the making. The latest development shows us a lower time frame ascending channel reversal, and we did indeed to a sharp bearish impulse...
Hello traders: Looks to me like more AUD pairs are continue more bearish momentum across the market. Here on AUDCHF, we can see after a bearish move down from the price, price falls into a bigger consolidation. Slight ascending like, and price within fail to continue higher, instead a reversal impulse down within the correction. Now the price has show its on...