Been in a solid downtrend as ETH prices surge. We can possibly see a reversal as it hit the bottom four times and the recent moves are forming higher lows. The closest resistance are marked as the white lines. Could be a good accumulation zone within the orange box.
Possible 500% gains. Bounce off support twice. Possibly seeing its bottom.
Breakout of the descending channel. Possible to retest resistance at 2984 sats. Possible we have seen the local bottom for this pair too.
Watchout. About to breakout. Possible retest of ATH's coming.
Currently forming a rising wedge. Possible to see a correction down to 8-6.5 if the support lines are broken.
Formed a rising wedge after the bounce off the trend line. Currently testing support but RSI is already starting to break support. Possible drop to the trend line once broken out of the wedge. Short once support is broken (bottom of wedge)
After the break out from H&S pattern, BTC is now forming this descending triangle in the 1hr chart. If we break the downward resistance or top line of triangle we can see the price reach back up at the top of triangle or green line. In case we get rejected at resistance we can see price test resistance at bottom of triangle, red line. If we break the support of...
Broke the neckline of this double top. Measured move to 39 sats. Possible good buy in that area if it bounce.
In this descending triangle. Usually a bearish pattern. The long wick is telling us the bears are strong and it pushed the price back in the triangle. If we break the local support we can see a retest of the major support which is the bottom of the triangle. 28k and 24k are major support areas to watch if it breaks down of the triangle.
Inside this ascending wedge. It is commonly a bearish pattern. As long as the price stays within the wedge we can see new all time highs of 1500. There is an estimate of 14-15 days for it to complete the pattern. Looking to test critical resistance (pink line) if price gets rejected possible fall into bottom line of wedge and possible break down. Critical...
In a descending broadening wedge. This is a bullish pattern usually indicates a reversal of a trend. Currently testing resistance. Resistance has been tested twice and the bulls are looking strong. We can see an increase in price upto the top of the channel if we break up. The bearish scenario can take the price down to 30k-28k I'm just currently waiting for...
Forming an ascending channel on the 4hr chart. Testing crucial resistance. If it breaks up of the resistance possible continuation of the channel and possible new ATH's In case we get rejected, price can retest trend line as support but with the higher probability of breaking down. I think this can be the local bottom as the wick is accompanied with high volume.
Testing solid resistance level. Also showing resistance from the ema ribbon. We could see a drop to next support at red line. If it doesn't bounce there, It's possible to reach the bottom of channel at 1k high 900 levels. I think this is just a retracement, getting momentum for the next leg up.
Kava trade setup if it breaks out of this descending channel. Right now at critical point. I believe it has seen its bottom.
at critical point. About to test ATH's. Are we reaching 2000 levels?
Forming a huge symmetrical triangle. Currently testing strong resistance to touch top of triangle. Possible reversal and test support of triangle. Waiting for entry point here.
Breakdown from a bull pennant. Currently testing resistance. Possible retrace to support lines if it doesn't break resistance