luigi360swirl

luigi360swirl Updated 

BINANCE:ZRXUSDT is forming a rising wedge, or a bearish wedge potentially could see a reversal from a day trading standpoint. In my technical analysis, the price has reached an essential key resistance level of $0.2720 or the .618 Fib retracement as shown in the chart below on a daily timeframe. RSI indicator is showing a bearish divergence wherein it forms...

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In this logarithmic chart of BINANCE:CFXUSDT is the near yearly resistance line of the coin. I started to assess this trendline after its pump last week and price consolidation has been observed near on the resistance. Also, sharing this rising wedge pattern below that could be a sign of rejection of the pump and reversal of the uptrend. Presented in yellow...

luigi360swirl Updated 

In this chart of BINANCE:UNFIUSDT , the coin is forming a possible inverse head and shoulders pattern as presented on the thumbnail. It could also form a cup and handle due to slight inclarity of the head and shoulders. But both patterns citing a possible BULLISH movement for the price of $BINANCE:UNFIUSDT. On a daily perspective, the price has reached a...

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Why is Chainlink BINANCE:LINKUSDT pumping today? Last month, I forecasted this coin on reach to a year-long resistance and to watch out for a potential breakout or pump in the upcoming weeks. Now, BINANCE:LINKUSDT pumped because of a year-long breakout , that's 16 months to be exact. What should we do next? Scalping either long or short would be...

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Recently, the company of the coin, Fantom Foundation were the latest victims of coin hacking. From a price perspective, this can be a bearish sentiment for traders as it questions its overall security and integrity of the blockchain. For more detailed information regarding this news, check out the links listed below (all on TradingView): ...

luigi360swirl

Last week, I published my idea about the next massive move of BTC as it enters the crucial stage of the triangle in this chart of BITSTAMP:BTCUSD At 8 AM ET, we saw a price breakout of BTC from the near 2-year-long diagonal resistance. This leap happened upon the "breaking" news of SEC approval of the iShares Bitcoin Spot ETF application. The coin reached...

luigi360swirl

In the past days, I posted an idea about BINANCE:WOOUSDT forming a potential double top pattern. Then, entered with the confirmation of a breakout on the first diagonal support line along with other confluences such as good selling volume and the RSCD (RSI and MACD). Take profit areas: 1) Price touching the second and the longer diagonal support. 2) Price...

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In this technical analysis, the idea presented is the 4-hour chart of BINANCE:WOOUSDT , which appears as a bearish indication of a double top pattern. With that, I plotted two potential diagonal support lines to consider for a breakdown to materialize. I have a bearish sentiment for WOO based on an unlocking happening this October 10 per defillama.com . What...

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A monumental move could happen at any time in these upcoming weeks. In this weekly chart of BITSTAMP:BTCUSD , the historic triangle or the apex dating back from 2013 is nearing an end. This upcoming month should be a decisive point for the coin, and we should be mindful of it. From a technical analysis perspective, the triangle consists of a nearly two-year-old...

luigi360swirl Updated 

On this hourly chart of BINANCE:TOMOUSDT , the coin forms an ascending triangle pattern. For this instance, there could be an imminent breakout or breakdown. This week can have a massive movement of the coin as the shape of a month-long triangle spans until approximately Wednesday as the price is squeezing inside as of today, so let's wait for the next days...

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In this chart, BINANCE:LINKUSDT is inching closer to a critical level wherein the coin is about to touch a year-long resistance line dating back to June 2022. The highlights shown are the instances of the price breakout rejection, making it the strongest resistance for the year. In my view, a breakout is possible if we see a candle confirmation along with a...

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AirDAO AMB price is in pace of approaching a strong resistance. The line is proven its firmness, highlighted in red, the bounce areas dating back to 15th of March of this year, that's past 6 months as of the day of this writing. In a technical perspective, we could still see a continuation of its bullish trend if we see a resistance breakout and if not, sell on...

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Yesterday, I made a trade with BINANCE:MKRUSDT because of the pattern and long confirmation and for this trade, two take profit areas are set ( Refer to the fib lines ) along with protective stop loss for each take profit hit areas for net profit security. I didn't have an image of my win rate on Binance, but I will provide you the next time :) I ended the...

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Yesterday, I published this double bottom pattern of MKR as I'm in the wait-and-see mode for a possible scenario - 1) a breakout or 2) a price rejection. The coin had a breakout on its neckline, thus lead to the activation of the bullish pattern as it nearly approaches our target profit area, I also put a protective stop loss, thanks to the .618 fib area to...

luigi360swirl

On this chart on an hourly timeframe, MKR is forming a double bottom pattern, meaning it could potentially present a bullish trend. The plotted neckline or the resistance level is on the .382 fib level (from swing high to low) and added highlighted the candle wicks for backtesting the firmness. Now, we're in the wait-and-see mode until we see two possibilities...

luigi360swirl

On this chart on an hourly timeframe, MKR is forming a double bottom pattern at the 1264 support line, meaning it could potentially present a bullish trend. The plotted neckline or the resistance level is on the .382 fib level and highlighted them from backtesting. Now, we're in the wait-and-see mode we see two possibilities either 1) trend breakout and old...

luigi360swirl

Just a newbie here. I just studied harmonics and I found this chart from AVAXUSDT to form a Bearish Gartley pattern. Hoping it would match to the pattern and will monitor this. Feel free to comment and suggest on my idea, it'll be a valuable for me. Happy trading and always have risk management in our trades.

luigi360swirl

Just a newbie here hope I could help a bit. Just browsed different alt coin market and I find the MATICUSDT forming a cup and handle pattern. Feel free to comment if I illustrated it correctly or have insights on this. Thanks and always remember to have risk management in our trades.