ANALYSIS 🔎 - ALICE/USDT is on an uptrend bounded in the ascending channel. - Price got rejected off the ascending channel's resistance, currently undergoing a retracement - The retracement is approaching the bullish support confluence of the key fibonacci retracement zone (0.5 - 0.618 - 0.786), the flip horizontal support and the ascending channel's support. -...
ANALYSIS 🔎 - FRONT/BUSD is bounded in the falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - There's a breakout potential above the falling wedge resistance BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the falling wedge's resistance. - Limit entry: test of the falling wedge's...
ANALYSIS 🔎 - REN/BTC bounced off the descending triangle's horizontal support as expected from my previous analysis. - Price is testing the descending triangle's inclined resistance as well. - There's a breakout potential above the descending triangle's inclined resistance. - This breakout can be seen as a bullish signal. BUY ENTRY ⬆️ - Breakout above the...
ANALYSIS 🔎 - DEXE/BUSD brokeout above the double bottom neckline resistance. - The market hit a swing high and retraced. - Price is retesting the neckline resistance 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 retracement was resisted by the...
ANALYSIS 🔎 - FARM/USDT brokeout above the descending trendline resistance, hit a swing high and retraced. - Price is retesting 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). - The retracement is resisted by the descending trendline resistance. - Breakout above the...
ANALYSIS 🔎 - KP3R/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 (@240). - Limit entry: test of the ascending triangle's inclined support. TARGETS 🎯 - Fibonacci...
ANALYSIS 🔎 - WAXP/USDT is consolidating in a symmetrical triangle pattern . - Price is testing the symmetrical triangle's inclined resistance. - 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...
ANALYSIS 🔎 - MLN/USDT is on an uptrend supported by the ascending trendline support. - 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. - The retracement is resisted by the descending trendline...
ANALYSIS 🔎 - SLP/USDT was bounded in the falling wedge pattern. - The falling wedge pattern is a bullish reversal pattern. - Price brokeout above the falling wedge's resistance as expected. - This is a bullish signal. - There's a potential formation of the double bottom pattern. - A double bottom pattern is also a bullish reversal pattern. BUY ENTRY ⬆️ - Market...
ANALYSIS 🔎 - OM/USDT is on an uptrend supported by the ascending trendline support. - The market hit a swing high and retraced. - Price is retesting the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone. - The retracement is resisted by the descending trendline...
ANALYSIS 🔎 - GHST/ETH is consolidating in a symmetrical triangle pattern. - Price bounced off the symmetrical triangle's support, breaking out above the minor consolidation resistance (blue rectangle). - Potential buy limit entry at the retest of the flip horizontal support (blue rectangle) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786) - Target is...
ANALYSIS 🔎 - LTC/ETH has been resisted by the long term descending trendline resistance since 12th June 2019. - Price is testing the descending trendline resistance (circled zone). - After three breakout attempts, we could be on the verge of a successful breakout above the descending trendline resistance. - Key horizontal resistance levels have been indicated on...
ANALYSIS 🔎 - NULS/BTC 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 (@0.00001504). - Limit entry: test of the ascending triangle's inclined support. TARGETS 🎯 -...
Good day everyone. This is my analysis on Bitcoin (BTC/USDT). ANALYSIS 🔎 - Today, I'll be giving two market perspectives on Bitcoin (BTC/USDT). - The bearish view as well as the bullish view. BEARISH VIEW - BTC/USDT is currently on an uptrend bounded in the rising wedge pattern as seen in the chart. - A rising wedge pattern is a bearish reversal pattern which...
ANALYSIS 🔎 - SLP/USDT hit a swing high and retraced. - Price is retesting the key fibonacci retracement zone ( 0.5 - 0.618 - 0.786 ) and the horizontal support level. - There's a potential for the formation of the inverse head and shoulders pattern. BUY ENTRY ⬆️ - Aggressive entry: the key fibonacci retracement zone ( 0.5 - 0.618 - 0.786 ). - Conservative entry:...
ANALYSIS 🔎 - FORTH/USDT is consolidating in a symmetrical triangle pattern . - Price is testing the symmetrical triangle's inclined resistance. - 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...
Good day everyone. Today, I'll be discussing the inverse (inverted) head and shoulders reversal pattern. 1. DEFINITION What is Inverse Head And Shoulders? An inverse head and shoulders , also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in...
ANALYSIS 🔎 - BOND/USDT is consolidating in a symmetrical triangle pattern. - Price is testing the symmetrical triangle's inclined resistance. - 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...