ShibUSDT's Multi Time Frame Analysis Points to Potential Reversal and Bullish Rally Weekly Time Frame Analysis: Falling Wedge Pattern Signals Reversal Potential In the weekly time frame, SHIBUSDT (SHIB) displays a Falling Wedge Pattern, a technical formation characterized by converging trendlines slanting downward. This pattern suggests a potential reversal from...
Dogeusdt Price Analysis: Descending Channel Pattern Suggests Potential Breakout Dogeusdt shows signs of trend reversal with a potential 100% rally if resistance is breached Dogeusdt Price Analysis: Long-Term Consolidation and Bearish Rejection at Resistance Level Dogeusdt, the popular cryptocurrency, has been consolidating within a relatively tight range...
Technical Analysis Reveals Bitcoin's Multi Time Frame Analysis Points to Strong Bullish Rally Bitcoin's Weekly Time Frame Analysis Reveals Inverted Head and Shoulder Pattern Bitcoin (BTC) traders and analysts are buzzing with excitement as a comprehensive multi time frame analysis reveals a strong bullish trend for the leading cryptocurrency. By examining...
Decoding Bitcoin: Weekly Time Frame - Descending Channel Pattern Bitcoin has been trading within a Descending Channel Pattern since February 2021, presenting opportunities and challenges for traders based on technical analysis. Let's analyze each period from a technical perspective and consider their potential impact on future price movements. Period: Feb 2021...
Ethereum (ETH) traders have identified an intriguing chart pattern on the 30-minute timeframe—an ascending triangle pattern. This bullish continuation pattern suggests a potential breakout ahead. In this article, we'll delve into the pattern, outline the key levels, and propose a trade setup for traders to consider. Ascending Triangle Pattern Overview: The...
Discover the Untapped Potential of BTC: A Promising Breakthrough on the Horizon!" Attention all traders and BTC enthusiasts! Get ready to embark on an exciting journey in the world of cryptocurrency. BTC is currently hovering around the 27080 level, comfortably nestled within a consolidation phase. But here's the exciting part: beneath this calm exterior lies a...
Bitcoin's Price Movement: Understanding the Phases and Trends Bitcoin, the world's leading cryptocurrency, has had its fair share of price fluctuations over the years. To understand its price movement, traders and investors use a methodology called the Wyckoff method. This method helps to identify different phases and trends that Bitcoin goes through during its...
Currently, BTC is displaying a recurring pattern of lower lows and lower highs within the hourly time frame. However, there is a potential for a bullish upswing at the Order Block Zone around $26,500. It is worth noting that in technical analysis, a significant shift in market sentiment can occur when we start observing higher highs and higher lows, indicating a...
An ascending scallop pattern is a bullish continuation pattern that appears near the top of an uptrend. It's characterized by a rising price trend, followed by a short-term retracement, and then another rise to form a higher peak. This creates a scallop shape on a stock chart. Currently the price of Rose is trading in the range of 0.08373, If pattern continues it...
Our trade is based on the Smart Money Concept, which is a strategy that seeks to identify and follow the trading activity of large institutional investors, also known as "smart money." To do this, we will be following four key steps to identify trade levels: Step 1: Structure Identification on hourly time frame- We will be analyzing the hourly chart to identify...
Bitcoin Falling Wedge Analysis The above chart of Bitcoin laid out a Falling Wedge .In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern...
Bitcoin-Horizontal Analysis 31-12-2022 The above chart of Bitcoin laid out a horizontal channel pattern, also known as the sideways trend. In order to indicate how the price is constrained between the upper line of resistance and lower line of support, horizontal channels are trend lines that join changeable price highs and lows. Currently, Bitcoin is in the...
Pullback Trading Strategy over 80% Success Rate Rules Moving Average - Price should above 200 Period Moving Average Entry - 10 Period RSI Below 30 Exit - 10 Period RSI Above 50 Stop Loss - Recent Swing Low I hope you understood the pullback trading rules. Chart 1 : Reliance 9.68% Up The price was clearly above the 200 Period Moving Average...
COVID fear returns 🆘 Indian Index opened higher, but as reports of China's worsening COVID situation circulated, emotion quickly turned negative. Niti Aayog issued a warning about the improving COVID situation and its implications, further dampening the mood. 🆘Nifty 50 (-0.39%) Bank Nifty (-0.49%) Nifty 50: ✔️ Nifty opened positively, but as the Covid-19...
Dalal Street News Update ✅ Index fell after the worsening of the Covid situation in China and a sudden surge of cases in the United States, Korea, Brazil, and Japan. India VIX increased by 13%. ⚠️ 🆘Nifty 50 (-1.01%) -1.71% Bank Nifty Nifty 50: ✔️ The Nifty opened positively, but the bulls were unable to hold the 18450 level. It almost tumbled 311 points from...
Fears of a US recession, a policy shift by the Bank of Japan (BoJ), and an increase in COVID-19 cases in China have caused markets to fall nearly 200 points from yesterday's high. Nifty 50 (-0.19%) Bank Nifty (-0.12%) Nifty 50 Fears of a US recession, a policy shift by the Bank of Japan (BoJ), and an increase in COVID-19 cases in China have caused markets to...
Ethereum "Broadening Top" Pattern Hourly (4H)Time Frame Analysis A bullish reversal pattern is a broadening bottom. Two divergent lines that are horizontally symmetric form the pattern. As a result, it is a reverse symmetrical triangle. As a result, the oscillations between the two triangle terminals are becoming increasingly large. Currently, Ethereum is in...
ApeCoin (APE) Price Prediction 2022 ApeCoin (APE) holds the 33rd position on CoinGecko right now. APE price prediction 2022 is explained below with a daily time frame. The above chart of ApeCoin (APE) laid out the descending channel pattern, also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which...