Technical analysis for "MKR/USDT" - NUANCES ? INTRODUCTION:- Welcome to this technical analysis of the MKR/USDT trading pair. In this article, we will analyze the current market situation and provide insights into the potential price movements of Maker (MKR) against Tether (USDT). ## MKR/USDT Technical Analysis ### Support Level at 607-620 USDT MKR/USDT has...
Technical Analysis for "TWT/USDT": Anticipated Price Bounce to 1.7016 within a Falling Wedge Pattern When analyzing the TWT/USDT trading pair, one intriguing aspect to consider is the presence of a falling wedge pattern. This technical analysis will delve into this pattern in conjunction with the buying area and our expectation for a potential price bounce up to...
Dusk Network is a privacy-oriented blockchain platform designed to enable secure and scalable decentralized applications. As an investor or trader interested in Dusk/USDT, it is important to analyze the price movements and identify potential opportunities. 1. Primary Support: 0.0950- 0.1050 USDT This range has historically shown strong buying interest, with...
BUYZING ZONE:- The price of HOOK/USDT has established a strong buying area between 1.1073 and 1.1384 USDT. Traders can consider this range as a favorable zone for accumulating positions in HOOK/USDT, anticipating a potential price increase. Target Area: Based on our analysis, we have identified an optimistic target area between 1.18000 and 1.9000 USDT. However,...
The MASK-USDT chart reveals an intriguing scenario. Currently, the token has broken a strong prevailing trendline and therefore attracting buying pressure/sentiments. However, it's crucial to note that sellers are also consolidating their positions, indicating a potential downside. Traders should closely monitor the market for a reversal at 4.800 - 5.000 levels....
Scenario 1:- There is a possibility of price taking the resistance at 1.060-1.075 and then re-test the same area before continuing its downward trend. Therefore there is a chance of corrective behavior in the chart where the price could break down below to the levels of 0.849 - 0.834. This would lead to a consolidation phase in the market thus area of 0.849 -...
Scenario 1:- The ARB price has broken support and is at re-testing levels(1.1145 -1.1372) , indicating a potential long-term buying opportunity between 80-90 cents. Scenario 2:- However, traders should remain cautious as there is a possibility of fake breakdown. The setup would be invalidated if the price gives 2 daily candle closings above 1.1145 -1.1372. With...
ADA Head and Shoulders Pattern: Is it a Bearish Breakout Opportunity? What is a Head and Shoulder pattern ? It is formed by three peaks, with the middle peak being the highest (the "head") and the two outer peaks being slightly lower (the "shoulders"). The pattern is completed when price breaks below the "neckline," which is a support level that connects the...
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$BTC Elliott wave Weekly monthly $BTC Weekly Monthly chart Forming bullish pennant LH 13.8K HL 5K around or above the below invalid level for HL 3300 and triangle 4th wave consolidation in HTF W M with low volume consolidation abcde or abc flat corrective wave possible abc flat correction in HTF monthly weekly 200 ma also 5K level and 0.786 fibs 5.4K...
$BTC 3D Hash ribbons 1-Buy Signal 2016 August after end bear market and consolidation after a sharp move 2- Buy Signal 18th Dec start a bull Market 3- Buy Signal 12th Dec end of bear market consolidation after a sharp move weekly still pending