Now, as the chart has formed a Symmetrical Triangle in a uptrend doesnt mean it should go upside, cause the Daily frame and Weekly frame chart doesnt indicate any signs for a bullish movement. So as I have marked the support level "of the Symmetrical Triangle" and the "4H Support Level" . If the price continues to break the "Support level of the Symmetrical...
The chart has formed a ascending wedge (Triangle), which is a breakout to the downside. I will only trade if the 4H chart candle closes below the wedge and near my entry price, Also i will consider other indicators to confirm the breakout
⚠️NOT A FINANCIAL ADVICE!
As u can see this support level is so strong, as back in past this same line pumped the prices, but the candles dont really look gud for a pump. Thats why I am recommending a short position if it breaks the level of support.
Short Trade :
Entry Point - 20,600
Take Profit - 18,500
Stop Loss - 2,1011
⚠️NOT A FINANCIAL ADVICE
Multiple rejections at a supply zone!
Price gave a breakout from a trendline but could now keep itself above the important support!
All hopes are lying on $0.35-$0.38 zone!
If broken, some short-term correction will be seen for sure!
R:R most favourable from current levels!
Hello Traders!
We've talked about BINANCE:DOGEUSDT several times in the past few months, and we've reached the level of buy interest. At the moment the first buy orders have been hit, let's see if the descent continues until the next technical support to fill the shadow of the previous candle (of December 4).
Good morning to all traders,
we had discussed sand towards the end of November when I was expecting a good retracement to enter below $5.
I think that moment has arrived since we are in a descending channel with various support zones, the first of which is around 4.60 usd but it is not certain that it will hold. As always I will behave accordingly waiting for a...
Good morning to all traders,
continues the saga with the trade on BINANCE:WINUSDT looking for the best buying opportunities for a good long accumulation to take advantage of the slingshot effect from the supports.
I am in accumulation phase for the medium-long term convinced that it will give excellent results in the future.
no overnight gains.
I continue my trade on BINANCE:WINUSDT
I have already opened 2 long positions. In order to have a good long footprint at the moment we need a daily close above the 200 mm.
Market in the last 24hrs
DOGEUSD saw a steady bearish trend in the last 24 hours which was predicted in the last analysis. Trading volume has been significantly been low.
Today’s Trend analysis
DOGEUSD just touched the bottom Bollinger band, If the price accepts the line as a support line then we might see a reversal of the current trend and have some relief from...
Market in the last 24hrs
DOGEUSD saw a consolidated movement with a slight indication of a bearish movement. Trading volume has been significantly been low.
Today’s Trend analysis
Price is expected to continue the current trend till it reaches the bottom Bollinger band and if the price doesn't accept it as a support line then the next support line would be the...
Market in the last 24hrs
In the last 24 hours, XRP saw a major bearish trend as it rejected the middle Bollinger band as a support line and is moving towards the Bottom Bollinger band. Trading volume has been high in the last 24 hours
Today’s Trend analysis
XRP is nearing the bottom Bollinger band and is very likely to see a reversal towards the bullish...
