On the above weekly chart price action has corrected over 90% since April 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Trend reversal. Higher highs higher lows replace lower highs lower lows.
3) Confirmation of support on past resistance. Horizontal blue channel.
4) The flag pattern flagpole...
This token is about to climb to 0.045 and maybe could touch 0.05 as some sings and there is money flow in this coin which ignites after couple of days, like other coins that pumped
We will see that the pump
High volatility!
Bullish scenario
Resistance 0.037
Next resistance 0.04 in 50 ema
Resistance 0.044 upper limit of the channel
Bearish scenario
support 0.035 EMA 200
Support 0.0299 lower limit of the channel
💎 Paradisers, focus on #ORBSUSDT as it presents an interesting trading scenario. The asset is currently making attempts to break its resistance, indicating a high likelihood of an upward movement.
💎#ORBS has consistently followed a descending channel pattern, breaking above it to initiate an upward trend. Presently, it's approaching a resistance break, hinting at...
"Active has shown a significant decrease, reaching a strong support level at $0.4946, which has been unsuccessfully tested multiple times. Subsequently, a 'Triple Bottom' pattern has formed on the chart, indicating a reversal, as observed in the chart. After reaching the minimum price for the third time, there was a rebound followed by a steady price increase.
"The asset was under strong pressure from short participants and reached a value of $0.49255, where buyers began to show their activity, and the price gradually started to rise. Subsequently, the coin began to form the 'Cup and Handle' chart pattern, indicating the presence of strong buyers. The final confirmation of this pattern occurs when the asset breaks...
Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this ORBS/USDT Trade setup.
ORBS looks good here. Breaks out from the symmetrical triangle and also the cup and handle-like structure. Currently, retesting the neckline. Long some here and add more in the dip.
Entry range:- $0.04370-$0.04470
Target1:-...
Now understand there is a lot of speculation taking place here. A lot of this can be invalidated by simple losing the current low, but the idea is fairly simple and relatively low risk considering we would be at the bottom of an upsloping channel.
We have also put in a fairly large double bottom here locally with a measured move of about 63% from here.
Step...
