The W pattern is a graph formation with the shape of the Latin letter W. It occurs after a sustainable long-term downtrend and has twin bottoms with equal or higher lows. W pattern is also called Double Bottom which is a reversal pattern. LTC is making W on many timeframes. In the chart above, I have attached the chart in which LTC is making W pattern after the...
I have found something mysterious in BNBUSDT Chart! BNB has been on an amazing journey towards new ATH but here is something crazy happening all the time. After the major pullback of BNB from 350$ ATH, starting from March 1, BNB is following a rhythm of retracement to 0.5 Fibonacci Level and then booming the price 30%! The chart is attached. Example 1: BNB boom...
Yes! You read the title right, Ethereum is still super bullish. On 4h, it makes W Pattern which is a bullish biased pattern. The current retracement is just a retest to the support at around 2000$. Happy Profits! #SyedMuneebAli
Here is the graph of Bitcoin Dominance in Crypto Market which indicates that people are investing in Alts and are bored from BTC for the time. Alts will flourish! Happy Profits!
Here is the #BNBUSDT Daily Timeframe chart and you can see a Big W-reversal Pattern which is a sign that Bulls are refuelling themselves to push BNB to a new HIGH! If you want to hold BNB for Long Term, it's good to hold. If you want to trade, keep an eye on the breakout of the W pattern and then the retest of BNB to this massive resistance to confirm it as...
Ethereum is just breaking out from the symetrical triangle and the price has potential of reaching in 2500$ regions in April! #SyedMuneebAli
BTCUSDT is making cup & handle pattern which usually breaks up! The highest volume at the base of the cup adds a confirmation that it is a cup. Let's wait for the breakout and retest above 60k$ for the long trade. #BTCUSDT
Ethereum is demonstrating a nice bull show since the month of March, though it has been affected by BTC price actions and other fundamentals but in the sentiments for Ethereum are still strong bullish! The Chart above shows how Inverse Head & Shoulders pattern unfolds the new highs of Eth but unfortunately, BTC, being dominant in the cryptomarket, affected Eth...
#BNBUSDT 275 entry 1 (60%) 270 entry 2 (40%) Take Profit 1: 280 Take Profit 2: 288 Take Profit 3: 293 Stop Loss 266 We need to wwait for successful retest. #SyedMuneebAli
#REEFUSDT 0.0387 entry 1 (60%) 0.0373 entry 2 (40%) Take Profit 1: 0.0411 Take Profit 2: 0.0432 Take Profit 3: 0.0453 Stop Loss 0.0358 Reward: 18% REEFUSDT is making ascending triangle pattern which is a bullish continuation pattern and usually breakout in upward direction. We need to wait for the breakout to take the trade + VOLUMEE!!! Note: Trade at your...
#ENJUSDT 2.375 entry 1 (60%) 2.209 entry 2 (40%) Take Profit 1: 2.48 Take Profit 2: 2.56 Take Profit 3: 2.62 Take Profit 4: 2.79 Stop Loss 2 Reward: 20% ENJUSDT is making descending wedge pattern which is a bullish reversal pattern and usually breakout in upward direction. However, we need to keep in mind that There is a bigger ascending wedge (bearish...
#LTCUSDT 197 entry 1 (60%) 188 entry 2 (40%) Take Profit 1: 203 Take Profit 2: 219 Take Profit 3: 228 Stop Loss 170 Reward: 17% LTCUSDT is making a descending wedge pattern which is a bullish reversal pattern. Breakout and Retest is awaited for the confirmation. #SyedMuneebAli
#DOTUSDT 39 entry 1 (60%) 37.4 entry 2 (40%) Take Profit 1: 42 Take Profit 2: 47 Take Profit 3: 50 Take Profit 4: 54 Stop Loss 32 Reward: 41% DOTUSDT is making ascending triangle pattern which is a bullish continuation pattern and usually breakout in upward direction. We need to wait for the breakout to take the trade. Note: Trade at your own risk as crypto...
LRC made a retest from it's previous resistance but unfortunately, it broke its support (previous resistance) and moved a bit low but nothing to worry as it's following a symmetrical triangle and breakout upward is successful.
Ethereum seems breaking the support. According to analysis, if ETHUSDT breaks 1849 level and registers that resistance as support, it's going to $2000 easily.
#LRCUSDT 0.61568 entry Take Profit 1: 0.66405 Take Profit 2: 0.70645 Take Profit 3: 0.74885 Stop Loss 0.52680 Reward: 24% LRCUSDT has successfully retested the important level of 0.61. Note: Trade at your own risk as crypto is fast with the possibility of potential gains or losses. I'm not your financial advisor. Like the Idea if you feel it...
ENJ is forming a rising wedge pattern which is a bearish reversal pattern and usually breakout downwards. Price Targets are mentioned in the chart. DYOR and sell/short! Like the Idea if you find it helpful. Thanks #SyedMuneebAli
We know that symmetric triangle patterns are formed when One support and One resistance converges. FTM has breakout the the triangle but is doing a successful retesting the support of previous triangle which is a bullish sign. Eyes of FTM.