The market has broken through Support Trendline, Retest possible before the market continues downward to profit zone indicated
The market has Broken through the Resistance Trendline, retested it, and is heading upward to Profit Zone Indicated.
Projection Market to Move Downwards Towards Support Areas Highlighted as Candlesticks closed below Resistance Trendline after initially breaking through it.
Two Scenarios can play out Bullish Scenario - In case of bullish breakout of major falling trendline the market will break through it ,retest it and resume its bullish trend - please wait for confirmation before execution Bearish Scenario - The market keeps setting lower highs perfectly respecting the major falling trendline. We however need a weekly candle...
Bullish continuation, pay close attention to 1.16 area -1.176 supply cluster. I would suggest you let the price reach that area first before looking for a bearish confirmation to short it to area 1.12 ...
Price broke symmetrical triangle, resistance was violated to the upside, coin is trading in a long term bullish trend expect a push towards 1.40 level
Price dropped sharply last week. Falling wedge pattern on H4, expect the price to head downwards to closest support area.
Price has broken through the trendline and is retesting that area for days now, seems not enough bull power to push further up, anticipating a drop soon to the major support zone. It's all about patience now.
Signs bulls don't have enough momentum left, lots of imbalance in price below, it has reached trendline retest, downward movement expected.
Price has tested resistance area and bearish engulfing candle formation has taken place, my anticipation is price will head down to support area.
Price has broken out of the channel to the upside and has come back to retest again, further upside movement expected on this time frame.
The potential movement to the downside once breakout from symmetrical triangle as resistance tested once again.
A break above or preferably a bullish candle close above the 1826.724 Area will signal a push up to the 1909.253 Area.
The trendline has been tested near the 0.72042 area, Market has formed a bearish candle so its anticipated price will be heading down to 0.70356 area, stochastics also shows bearish divergence.
Double Top Formation Taking Place on H4 Chart, Neckline Break at 4551.70 Area, Retest of the neckline would take place before pair heads to 4507.64 Area