Mana coin is making a flag pattern in 4h timeframe.The flag once broke out earlier,now it is retesting from the trendline and can fall downside to the next support.If high volume bear candles form on the chart,then a short trade can be initiated downside.Supports are marked there on the chart.
On Daily Basis:
BTCUSD (Bitcoin) is proving to be correct and it is gradually moving up after forming a bottom of 17600. Gradual up move is generally not the correction but base formation after completion of bear cycle. All adverse news is absorbed like Voyage Digital, 3 Arrows hedge fund and Luna which is an indicator of base formation before a meaningful Bull...
A nice bet in crypto can be the Ripple coin. As it has not formed a new LOWER LOW.
The coin on seems to hold the support level of 0.585 on weekly basis.
The coin has been in a bearish trend and signs of trend reversal are there.
Ripple had made an equal and if it break the previous high convincingly a bullish momentum is possible.
On weekly analysis, coin is...
Due to war tensions crypto market is heavily down and btc is sustaining sideways market a 10% upside momentum can be expected as double bottom pattren is seen at daily chart
LSK/USDT - Price action analysis
Resistance turned into support
currently price is at support level - aggressive traders can buy at this level
for safe players buy above the trendline resistance
Target - 10$ and above (long term)
#tradewithelplan #tradewithaplan
Formed a triangle pattern on hourly time frame connecting the big bearish candles, if the lower trendline breaks with fine volumes then below two mentioned levels are probable to be shown on the charts.
