Theta/usdt trading at above 200 Ma, indicating bullish momentum. We believe theta can test the support level again and form a reversal W pattern.
ETH/USDT has been trading in downtrend below 200 ma. There are lot of levels which can confuse traders while trading. We suggest to go long only when ETH sustains above 200 ma. Go for short once levels are triggered.
BTC has been moving in range making HH & HL. For short selling wait fir the trendline to be broken and for buyers look for the possible high to be broken. For buyers wait for the upper trendline to be broken.
In the Weekly TF, it has completed a proper Inverse H&S pattern and after a small retracement is ready to blast to the upside. In 4Hr TF, it is forming an ascending triangle pattern and within a few candles the breakout may occur. For educational purposes only (DYOR). BINANCE:IOTAUSDT
WIN/USDT has forming a Bullish wedge or we can say Bullish pennant pattern. Either way both the price action pattern is bullish continuation pattern and it can give a Breakout(Upward) and we can expect the price to go ahead and test the initial high again. Trade safe.
BTC/USDT (4hr TF), again another Symmetric Triangle formation.If the candle closes above 59.6k then we are ready to enter another leg to the upside, meaning BULLISH again but if it closes below 56k-55k then chances to see Lower lvls increases and again the choppy movement will start. So, let's wait and see how it turns out. For educational purposes only (DYOR). ...
BNB/usdt has tested the resistance level multiple times & failed to give a breakout. It is sustaining below 200 Ma line and it has also broken its support trend line .
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TRX/USDT, chart looks promising as it has formed a Weekly Inverse Head and Shoulders pattern which may take the price to fresh new lvls providing insane gains. Right now it is retesting previous highs and is on the verge of breakout from yearly resistance zone which has been reversing the prices back to the lower lvls. Since, it is Weekly TimeFrame it may take...
Cup-Handle Formation. All levels are mentioned. For educational purposes only(DYOR). BINANCE:FLMUSDT