ANALYSIS 🔎 - DATA/USDT is consolidating in a symmetrical triangle pattern . - There's a breakout potential. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the symmetrical triangle's inclined resistance. - Limit entry: test of the symmetrical triangle's inclined support. TARGETS 🎯 - Horizontal resistance level (@0.18279). -...
ANALYSIS 🔎 - GALA/BUSD is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.14766). - Limit entry: test of the ascending triangle's inclined support. TARGETS 🎯 -...
ANALYSIS 🔎 - C98/USDT is on an uptrend supported by the ascending trendline support. - Price hit an ATH and retraced for a retest of the ascending trendline support, flip horizontal support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - The retracement was resisted by the descending trendline resistance. - Price brokeout above the descending...
ANALYSIS 🔎 - VIDT/USDT is on an uptrend supported by the ascending trendline support. The market hit a swing high and retraced. - Price retesting the ascending trendline support and the key fibonacci retracement zone. - There is a relatively high concentration of buyers at that zone. - The retracement is resisted by the descending trendline resistance. - Breakout...
ANALYSIS 🔎 - MASK/USDT was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - This is a bullish signal. - Price then hit a swing high (@13.937) and retraced. - Price is retesting the key fibonacci retracement zone (0.5 - 0.618 - 0.786), descending trendline resistance and the double bottom neckline...
ANALYSIS 🔎 - PSG/USDT hit an all-time high and retraced. - Price is retesting the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There is a relatively high concentration of buyers at this zone (High buying pressure). - The retracement was bounded in the falling wedge pattern which is a bullish reversal pattern. - Price brokeout above the falling wedge...
ANALYSIS 🔎 - BADGER/USDT is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the ascending triangle's horizontal resistance (@19.565). - Limit entry: test of the ascending triangle's inclined support. TARGETS 🎯 -...
ANALYSIS 🔎 - GO/BTC brokeout above the double bottom neckline resistance, hit a swing high and retraced. - Price is retesting the key fibonacci retracement zone (0.5 - 0.618 - 0.786) and the double bottom neckline resistance. - There's a relatively high concentration of buyers at this zone (high buying pressure). - Price action is showing signs of a the double...
ANALYSIS 🔎 - SWRV/BUSD has been on an uptrend since 20th July 2021. - The market hit a swing high and retraced. - Price is retesting the flip horizontal support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone. - There's an uptrend continuation potential from this zone. BUY ENTRY ⬆️ -...
Good day everyone. Today I'll be discussing the falling wedge pattern. How it looks, builds up, and plays out. 1.DEFINITION First of all, What is an falling wedge? The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines . It is considered a bullish chart formation but can indicate both...
ANALYSIS 🔎 - NKNUSDTPERP is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.42721). - Limit entry: test of the ascending triangle's inclined support. TARGETS 🎯 -...
ANALYSIS 🔎 - GTO/USDT was bounded in a descending triangle pattern. - Price brokeout above the descending triangle's inclined resistance as expected from my previous analysis. - The market hit a swing high and retraced. - The retracement is currently testing the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - The retracement is resisted by the descending...
ANALYSIS 🔎 - ARK/BTC is printing the inversed head and shoulders pattern at its early stages. - The inverse head and shoulders pattern is a bullish reversal pattern. - Catching the pattern aggressively at its early stages would yield a good profit but it's quite risky. BUY ENTRY ⬆️ - Current market price. TARGETS 🎯 - Horizontal resistance level (@0.000040). -...
ANALYSIS 🔎 - LRC/BTC was bounded in a descending triangle pattern. - Price brokeout above the descending triangle's inclined resistance. - The market hit a swing high and retraced. - The retracement is currently testing the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's an uptrend continuation potential. BUY ENTRY ⬆️ - Current market...
Good day everyone. Today I'll be discussing on symmetrical triangle patterns. How it looks, builds up, and plays out. 1.DEFINITION First of all, What is an Ascending Triangle? An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline...
ANALYSIS 🔎 - BTCST/USDT brokeout above the descending trendline resistance, hit a swing high and retraced. - Price is retesting the descending trendline resistance and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone (high buying pressure). - Price action is printing the double bottom...
ANALYSIS 🔎 - DEXE/BUSD is printing an ascending triangle pattern. - An ascending triangle pattern is a bullish build up pattern. - Price is retesting the ascending triangle's inclined support. - There's a relatively high concentration of buyers at this zone. - The minor downtrend was resisted by the descending trendline resistance. - Price brokeout above the...
ANALYSIS 🔎 - BTT/USDT is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. - Price action is also printing the inverse head and shoulders pattern. - This is a bullish confluence. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the ascending triangle's horizontal...