ANALYSIS 🔎 - DEGOUSDT hit an ATH and retraced. - Price retested the flip horizontal support (FHS) and key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There was a relatively high concentration of buyers at the retest zone. - The retracement was bounded in the falling wedge (FW-1) pattern. - A falling wedge pattern is a bullish reversal pattern. - Price...
ANALYSIS 🔎 - OMUSDT hit an ATH and retraced. - Price retested the flip horizontal support (FHS) and key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There was a relatively high concentration of buyers at the retest zone. - Price action printed the bullish double bottom (DB) pattern. - Price brokeout above the double bottom (DB) neckline resistance (NR). -...
ANALYSIS 🔎 - TVKBUSD is supported by the ascending trendline support (ATS). - Price hit an ATH and retraced for a retest of the ascending trendline support ( ATS ) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - RSI is printing a bullish divergence signal (BDS). - There's an uptrend continuation possibility. BUY ENTRY ⬆️ - Breakout above the...
ANALYSIS 🔎 - This is an update on my previous BAKEBUSD analysis that got invalidated. - Price brokeout above the descending trendline resistance (DTR). - The market hit a swing high and retraced. - Price is retesting and descending trendline resistance (DTR) and key fibonacci retracement zone (0.5-0.618 - 0.786). - The retracement is bounded in the falling wedge...
ANALYSIS 🔎 - VITEUSDT was bounded in the descending triangle (DT) pattern. - Price brokeout above the descending triangle's (DT) inclined resistance. - This is a bullish signal. BUY ENTRY ⬆️ - Breakout above the horizontal resistance level (R1). TARGETS 🎯 - Horizontal resistance level (R2). - Horizontal resistance level (R3). SETUP INVALIDATION ❌ - Initial...
ANALYSIS 🔎 - SNXUSDT brokeout above the double bottom (DB) neckline resistance (NR). - The market hit an ATH and retraced. - Price retested the key fibonacci retracement zones (0.5 - 0.618 - 0.786). - A daily timeframe bullish pin bar (BPB) was formed at the retest area. - Price action is printing a pennant pattern (PP). - A pennant pattern is a trend...
ANALYSIS 🔎 - SXPUSDT is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's horizontal resistance. TARGETS 🎯 - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
ANALYSIS 🔎 - FXSBUSD brokeout above the double bottom (DB) neckline resistance (NR). - The market hit a swing high and retraced. - Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There is a relatively high concentration of buyers at the retest zone (High buying pressure). - The...
ANALYSIS 🔎 - REEFUSDT brokeout above the descending trendline resistance (DTR) as expected from my previous analysis. - The market hit a swing high and retraced. - Price is retesting the descending trendline resistance (DTR). - RSI is printing a bullish divergence signal (BDS). - The market is consolidating in a rectangular pattern. - This rectangular...
ANALYSIS 🔎 - BAKEBUSD was resisted by the descending trendline resistance (DTR). - Price brokeout above the descending trendline resistance and retraced. - Price is retesting the descending trendline resistance and key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone. - Price action is printing the...
ANALYSIS 🔎 - IOSTBTC is supported by the ascending trendline support (ATS). - The market hit a swing high and retraced. - The retracement is resisted by the descending trendline resistance (DTR). - Price is testing the ascending trendline support and key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this...
ANALYSIS 🔎 - ICXUSDT is consolidating in a symmetrical triangle (ST) pattern . - A relatively big move is imminent. - There's a breakout potential. BUY ENTRY ⬆️ - Conservative entry : breakout above the symmetrical triangle's inclined resistancenamd horizontal resistance level (R1). - Aggressive entry : market price. TARGETS 🎯 - Horizontal resistance level...
ANALYSIS 🔎 - BIFIBUSD is consolidating in a symmetrical triangle pattern . - A relatively big move is imminent. POSSIBLE PRICE ACTIONS - Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance. - Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support. TARGETS 🎯 - Uptrend ⬆️: Horizontal resistance levels (R1, R2, R3). -...
ANALYSIS 🔎 - SNXUSDT was bounded in the falling wedge (FW) pattern. - A falling wedge pattern is a reversal pattern. - A bullish pattern to be precise. - Price brokeout above the falling wedge's resistance. - The market is consolidating in a rectangular pattern. - This rectangular pattern consolidation is known as the accumulation phase (wyckoff method). - The...
ANALYSIS 🔎 - FRONTUSD was bounded in the falling wedge (FW-1) pattern. - Price brokeout above the falling wedge's (FW-1) resistance. - The market then retraced and is testing the flip horizontal support (FHS). - There's a relatively high concentration of buyers at the test zone. - The retracement is bounded another falling wedge pattern (FW-2). - A falling wedge...
ANALYSIS 🔎 - BURGERBNB was bounded in a falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - Price brokeout above the falling wedge's resistance. - Price action is printing the double bottom pattern. - This is also a bullish reversal pattern. BUY ENTRY ⬆️ - Breakout above the double bottom neckline resistance (R1). TARGETS 🎯 -...
ANALYSIS 🔎 - 1INCHUSDT is obeying the predicted price action from my previous analysis. - Price hit an ATH and retraced for a retest of the ascending trendline support ( ATS ), flip horizontal support ( FHS ) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - The retracement is resisted by the descending trendline resistance ( DTR ). - Breakout above...
ANALYSIS 🔎 - CRVUSDT is resisted by the descending trendline resistance (DTR). - Price is testing the descending trendline resistance (DTR). - Price action is printing a symmetrical triangle (ST) pattern at the test zone. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the descending trendline resistance and the symmetrical triangle's inclined...