ANALYSIS 🔎 - TWTUSDT hit an ATH - The market then retraced, rejecting the ascending channel (AC) resistance and breaking down below the minor ascending channel (MAC) support. - Price is retesting the ascending channel (AC) support and 0.618 fibonacci retracement level. - There's a relatively high concentration of buyers at this retest zone. - The retracement is...
ANALYSIS 🔎 - WANUSD brokeout above the inverse head and shoulders neckline resistance. - Price hit a swing high and retraced. - Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this retest zone (High buying pressure). BUY ENTRY...
ANALYSIS 🔎 - TRBUSDT brokeout above the double bottom neckline resistance as expected from my previous analysis. - The market hit a swing high and retraced. - Price is retesting the double bottom neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this...
ANALYSIS 🔎 - SFPUSDT is printing a falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - Price is testing the key fibonacci retracement levels (0.5 - 0.618 - 0.786). - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance...
ANALYSIS 🔎 - BZRXUSDT brokeout above the cup and handle resistance and hit a swing high. - The market then retraced for a retest. - Price is retesting the cup and handle resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this retest zone (High buying pressure). -...
ANALYSIS 🔎 - KNCUSDT brokeout above the double bottom neckline resistance. - Price hit an ATH and retraced. - Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this retest zone (High buying pressure). - The retracement is resisted...
ANALYSIS 🔎 - UMAUSDT brokeout above the horizontal resistance level and hit an ATH - Price then retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level. - RSI is printing a bullish divergence signal (BDS 🔼). - The retracement is bounded in the falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - A...
ANALYSIS 🔎 - DASHUSDT brokeout above the falling wedge's (FW-1) resistance and hit a swing high. - Price then retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level. - RSI is printing a bullish divergence signal. - The retracement is bounded in a falling wedge pattern (FW-2). - A falling wedge pattern is a bullish reversal...
ANALYSIS 🔎 - OGNUSDT brokeout above the double bottom neckline resistance and hit a swing high. - Price retraced for a retest of the flip horizontal support (neckline resistance) and the 0.618 fibonacci retracement level. - There's a relatively high concentration of buyers (buying pressure) at the retest zone. - The retracement is bounded in a descending channel...
ANALYSIS 🔎 - BNBUSDT is bounded in the ascending channel pattern. - Price is testing the ascending channel support and 0.618 fibonacci retracement level. - Price action is printing a pennant consolidation pattern. - A pennant pattern is a trend continuation pattern, a bullish one in this case. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the...
ANALYSIS 🔎 - SXPUSDT brokeout above the descending trendline resistance (DTR-1) and retraced, breaking down below the ascending trendline support (ATS). - Price retraced for a test of the 0.618 fibonacci retracement level. - The retracement was resisted by the descending trendline resistance (DTR-2). - Price brokeout above the descending trendline resistance...
ANALYSIS 🔎 - FTMUSDT is printing a falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - RSI is printing a bullish divergence signal. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Horizontal resistance...
ANALYSIS 🔎 - BTCUSD is printing a falling wedge pattern. - Price is testing the falling wedge's resistance. - Price action is printing an ascending triangle pattern at the test zone. POSSIBLE PRICE ACTIONS - Uptrend : breakout above the falling wedge's resistance and the ascending triangle's horizontal resistance. - Downtrend : breakdown below the ascending...
ANALYSIS 🔎 - CAKEBUSD 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 and the horizontal resistance level (R1). - Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support and the horizontal support level...
ANALYSIS 🔎 - This is a double setup analysis on DODOUSDT. FIRST SETUP - The bounce off the horizontal support level (S1). - Price is testing the horizontal support level (S1). - The downtrend is resisted by the descending trendline resistance (DTR-2). - There's an uptrend potential. Buy entry ⬆️ : breakout above the descending trendline resistance (DTR-2). ...
ANALYSIS 🔎 - BNBUSDT is bounded in the ascending channel pattern. - Price is testing the ascending channel support and 0.618 fibonacci retracement level. - Price action is printing a pennant consolidation pattern. - A pennant pattern is a trend continuation pattern, a bullish one in this case. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the...
ANALYSIS 🔎 - BAKEBUSD is bounded in a descending channel. - Price is testing the descending channel support. - A minor falling wedge pattern is forming in the descending channel. - A falling wedge pattern is a bullish reversal pattern. - There's an breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance and horizontal resistance level...
ANALYSIS 🔎 - XMRUSDT was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - Price then retraced to the key fibonacci retracement levels (0.5 - 0.618 - 0.786). - The retracement is bounded in the bullish flag pattern. - There's an uptrend potential. BUY ENTRY ⬆️ - Breakout above the bullish flag's...