Formed a pennant, this is a typical continuation pattern. As we are in a downtrend we could see a further continuation of the downtrend to support around $29,000.
Buyer volume looks weak trading below resistance as highlighted. The seller waves look greater than the buyers in comparison and the price is now trading below the 21 moving average which is bearish...
Falling wedge above daily support volume channel. Created a double bottom on the 1H with a bullish marubozu engulfing candle starting the move up with bullish RSI divergence and buyers coming into control as shown on the ADX where the buying power is just about to flip the selling power
XRP downtrend breakout on the 1h. Come into the trend line and respecting it nicely. Above support channel and 50MA acting as dynamic support and a bullish cross on the MACD and EMAs, watching for a retest of support before the move up
Watching Solomon (SLM) for a breakout of a falling wedge reversal pattern. Massive correction from 0.45 to 0.10 and we may have found a bottom on support. Bullish divergence on the MACD and RSI. Upside potential of 350% to its previous ATH and it seems to just be getting started.
Early coin with low market cap. DYOR.
4H chart - ANKR downtrend breakout with a nice retest of support around 0.1428 starting a new uptrend into an ascending triangle along an intermediate trend. Waiting for a breakout of the triangle to the upside and continuation.
Momentum building on the MACD and RSI with a bullish crossover on the EMAs and trading above the 50MA
XRP with a downtrend breakout on the 1H taking the 50MA as support and retesting nicely on a high volume channel with a potential MACD bullish crossover about to occur. Could we see it continue its next leg up?
Falling wedge breakout with alot of bullish RSI divergence before it hit $500. Corrected all the way back down to $150 and just broke though resistance with bullish divergence. Also worth noting on the 2H chart theres an EMA bullish cross and trading above the 50MA taking it as support and on the top Bollinger band.
ATH of $2300, so plenty of upside, resistance...
BONDLY has broken out an Elliot wave symmetrical triangle on the daily taking support on the 50MA with the MACD just starting to move into the positive and alot of volume starting to come in. Wait for a retest of triangle
ADA with an ascending triangle on the 12H chart. Broke out numerous times but hasn't rested successfully and started the next move up. Price trending sideways along the support/resistance level with all the signs of a possible move up such as low volatility on BB, price taking support on 50MA and looking to flip POC