This is the weekly chart of the Tether index As you can see We have a resistance zone and a downward trend line See the type of encounters with the resistance zone There are several points First, the price has reached an important resistance zone that intersects with the downward trend line Second, the price went down with three candles (I marked). But...
The move I have for this currency is 15 minutes There is something you see on the chart.
The price has reached a strong support area and the bearish corner pattern is clearly visible If you watch for one hour, you can see the double floor pattern And we are also seeing the divergence I expect the price to move towards the specified targets. :)
You can see the movement I have in mind for this currency in the picture. what is your opinion ? :)
According to the forming pattern (descending angle) if it enters the specified range We will be buyers Area: 5.5 :)
I expect a pattern of three collisions or three attacks to form in this currency I have shown the necessary numbers in the image. What do you think about this currency? :)
The price has broken the downward trend line after the strong upward movement in the daily time It is playing pullback The ascending flag pattern is also clearly visible Shopping can be done in two specified areas. First area: 0.0315 Second area: 0.0259 Check and buy :)
The second scenario is the downward trend of the index and the upward trend of Bitcoin One thing I learned empirically is that When the price enters the trading range after a spike, finally the price breaks the trading range in line with the spike it hit. what is your opinion ? :)
I have two scenarios in mind for the Tether index The first one is the upward trend of the index according to the pattern of the two bottoms that you see in the picture And the decline of Bitcoin The second is the decrease in price, which I will post a picture of in the next post. :)
As you can see, this currency formed a double bottom pattern at the end of its downward trend in the daily time, and then broke its downward trend line and is currently completing a pullback. I expect to make a purchase in these areas for targets 0.8100 0.93 Let's see what happens :)
We see that Ethereum has completed the spike cycle of the trading range channel There are two ways to trade 1. Trade on the floor and ceiling of the trading range 2. Let us enter the new spike cycle and then enter the trade I have determined the size of the price movement after exiting the trading range 2116 from above From the bottom of 1665 Let's see what happens :)
Price has entered a flag pattern after a bullish spike I expect to enter a buy position for Target after the failure 135.56 Let's see what happens :)
According to the pattern of three peaks and a descending spike and the formation of the flag pattern, I expect another move as big as the previous spike. Let's see what happens.
After the spike, the price has entered the channel cycle And now I expect to see a pattern of three collisions Let's have a correction until the area of 2000 and 2001 Let's see what happens.