Technical Analysis: The price is trading above a strong support where it posted a bullish head and shoulders. This move could lead to a reversal and a move upward toward the mentioned target profit which is around the 0.8748 USD mark. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit Order @ 0.8713 Take...
Technical Analysis: The price is trading inside a wedge formation where it managed to break it to the upside. A lower correction might be seen around the highlighted zone. This move could lead to a bounce and a move upward in the same direction of the main trend. ------------------------------------------------------------------------------------- Trade...
Technical Analysis: The price posted a head and shoulders near the lower end of the bullish flag. This led to a breakout to the upside. A lower correction might be seen before the rally upward in the same direction of the main trend. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit Order @ 121.93 Take...
Technical Analysis: The price posted a double bottom near a strong support after a huge retracement to the 61.80% Fibonacci retracement level. The price reversed and rallied where it is traded now above the neckline. Further movement to the upside is expected in the same direction of the main...
Technical Analysis: The price is ranging inside a bullish flag formation where it retraced to an area of confluence. This zone is made by the lower end of the channel, the support and the 61.80% Fibonacci retracement level. This could lead to a move to the upside toward the target...
Technical Analysis: The price is ranging inside a bullish channel formation where we expect a lower correction to the lower end of the channel. This move could lead to the end of the retracement count and then a move upward in the same direction of the main trend. ------------------------------------------------------------------------------------- Trade...
Technical Analysis: The price is trading inside a bullish channel where it managed to break it to the downside. Now, the pair has formed a wedge formation which represents a correction. This will push the price temporary to the upside before it tumbles and reach the target...
Technical Analysis: The price was trending to the upside before posting a correction count. This correction is made by a wedge formation that coincides with a strong support around the 1.9660 USD mark. This could lead to a rally toward our designated target profit. ------------------------------------------------------------------------------------- Trade...
Technical Analysis: The price is trading inside an expanding wedge where we can see that the price posted a correction count. Now the price is trading near the 50% Fibonacci retracement, and we have a big engulfing candlestick signaling the end of the correction and time to rally...
Technical Analysis: The price succeeded to break the bearish channel pattern to the upside and also managed to break the daily resistance around the 0.5201 USDT Mark. Currently, the price is above the level where we might see a huge movement to the upside in the same direction of the main trend....
Technical Analysis: The price is trading inside a bullish flag formation where the pair is moving to the downside by retracing toward the area of confluence. This zone is made by the 38.20% Fibonacci retracement level, the support, and the lower end of the channel. This could cause a huge move to the upside toward our target profit....
Technical Analysis: The price is trading inside a bullish flag formation where the pair found buyers around the 61.80% Fibonacci retracement level and led to a breakout of the flag formation to the upside. Now the price is stuck above the highlighted zone where we could see a rally again toward the target...
Technical Analysis: The price posted a double bottom at the end of the correction and around the 50% Fibonacci retracement level. Now, it is trading above the neckline of this pattern where we believe it will get stuck there and then a rally all the way up to the target...
Technical Analysis: The ripple is trading inside a bullish channel formation where it posted a correction count to a strong support level around the 1.6525 USDT mark. The market now is stuck and traded about this level; we expect further movement to the upside toward our target...
BTC/USDT | Potential Upward Movement 🚀 🔨 Technical Analysis: The bitcoin price is trading inside a bullish ascending channel formation which shows that we are in a clear uptrend. A lower correction might be seen soon to the area of confluence. This zone is made of a daily support and a 61.80% Fibonacci retracement level. After the bounce at this area, we could...
Technical Analysis: The price on the higher time managed to move upward after finding a 61.80% Fibonacci retracement level. Currently, it is trading inside a wedge formation where expect it to be broken from the upper side. On the lower time frame, the price managed to break the trendline, and we expect a lower correction to the 191.20 USDT mark, and then a pump...
Technical Analysis: The price is trading inside a bearish channel formation, but it managed to break it to the upside by leaving behind an inverse head and shoulders. This led to a reversal and then a move upward where we expect a lower correction to the neckline of the head and shoulders and then a rally toward the 1.5056 USD...
Technical Analysis: The price on the daily time frame is posting lower lows and highs which shows that we are in a downtrend. Lately, the pair posted a correction count toward the daily resistance. By looking on the lower time frame we can see that this correction has a form of bearish flag formation that coincide with a 50% Fibonacci retracement level. This...