What is Harmony (ONE)? Harmony is a blockchain platform for decentralized applications. The production mainnet supports 4 shards of 1000 nodes, creating blocks in two seconds. The network aims to create an open node network operated and managed by a large community. This node community is called Pangaea. The platform implements a Proof-of-Stake (EPoS) protocol,...
Internet Computer ( ICP ) holds the 38th position on Coin Gecko right now. ICP price prediction 2022 is explained below with a daily time frame The above ICP daily chart laid out a Descending Trend Line Breakout, also known as the Falling Resistance Trend Line . The upper trendlines connect the Lower High. This pattern is generally a characteristic of a bullish...
Descending Channel Price Action analysis - BTC Price Prediction Analysis A descending channel is a chart pattern formed from two downward trendlines drawn above and below a price representing resistance and support levels. The descending channel pattern is also known as a falling channel or channel down. The upper line is identified first, as running along with...
Let's understand the RSI Bullish Divergence before we take it into account. RSI Bullish Divergence Like all indicators,Divergence also fails sometimes, Success rate of RSI Bullish Divergence is 40-45% for Trade RSI Bullish divergence will provide good accuracy in Daily Time Frame . As per my view avoid shorter time frame anything below 60 mins RSI Bullish...
Reliance Price Action Analysis for Aug-2022 The above Reliance daily chart laid out a Descending Triangle Pattern, also know bullish reversal pattern Trade Suggestion Buy Entry : 2520 Target : 2610-2684 Stop Loss : 2450 Happy Trading!!!!!
In a daily time frame, TCS was observed in Falling Wedge Pattern Structure and Breakout also has done The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish , although it appears after a bearish trend .The falling wedge pattern works as both a trend...
In a daily time frame, Deepak Nitrite has been observed in Falling Wedge Pattern Structure The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish, although it appears after a bearish trend. The falling wedge pattern works as both a trend work as a...
In Daily time frame Bajaj Finance was observed in the Descending Broadening Wedge Pattern A Descending Broadening Wedge Pattern is a chart pattern formed from two downward trendlines in the form wedge shape, above and below a price representing resistance and support levels. The Descending Broadening Wedge Pattern is also known as a falling broadening wedge...
VeChain (VET) Price Prediction 2022 VeChain holds the 37th position on CoinGecko right now. VET price prediction 2022 is explained below with a daily time frame. The above chart of VET laid out the horizontal channel pattern, also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper...
Cosmos Price Prediction 2022 Will ATOM Hit $22 Cosmos (ATOM) Current Market Status According to CoinGecko, the price of Cosmos (ATOM) is $9.44 with a 24-hour trading volume of $474,251,677 at the time of writing. However, ATOM has decreased by nearly 0.2% in the last 24 hours. Moreover, Cosmos (ATOM) has a circulating supply of 292,586,163 ATOM.. Currently,...
An ascending channel is defined as the price action contained between two parallel upward-sloping lines. This price pattern is distinguished by higher highs and lower lows. An ascending channel is created by drawing a lower trend line that connects the swing lows and an upper channel line that connects the swing highs. Price does not always remain entirely formed...
Price Action Trading Plan Step 1 : Before you trade just think about what's the plan for today and how much risk you can take for the day Step 2 : Identify the market trend whether Bullish ,Bearish or Sideways trend Step 3 : Once trends have been identified, Plan for Proper Entry and Exit on the same Step 4 : Avoid Force Trading , Be stuck with what you have...
The above chart of Bitcoin (BTCUSDT) laid out a Cup and Handle pattern (Bullish Pattern) . In a Cup and Handle pattern, the price movement forms a U-shaped Cup and then a subsequent price drift downwards forms a handle. This pattern in general is characteristic of a Bullish trend. If the price breakout and moves towards the uptrend, the bullish pattern is...
Ethereum Classic (ETC) Price Prediction 2022 Ethereum Classic (ETC) holds the 23rd position on CoinGecko right now. ETC price prediction 2022 is explained below with a daily time frame. The above chart of Ethereum Classic (ETC) laid out the Horizontal channel pattern, also known as sideways trend. In order to indicate how the price is constrained between the...
Time Frame: Daily Structure : Descending Channel: A descending channel is a chart pattern formed from two downward trendlines drawn above and below a price representing resistance and support levels. The descending channel pattern is also known as a falling channel or channel down. The upper line is identified first, as running along with the highs and is...
Bank Nifty Analysis for 26-07-2022 Time Frame 30 Min Accumulation Phase 1: The accumulation process is displayed in the chart in the form of a price range. In addition, the bulls are gradually expanding, but they can still push up prices. Advancing Phase 2 : The bulls have enough power to push prices above the high end of the range. This indicates that the price...
Bank Nifty Chart Pattern: Descending Channel On the hourly time frame, Bank Nifty has been trading in the Descending Triangle Pattern. Descending Triangle Pattern, Generally, this pattern is a bearish pattern. However, a descending triangle pattern can also be bullish. Level Based on Descending Triangle: If the Price sustained above 32000 then we could see a...
Bitcoin Structure: Price currently took support at Multi-Year Demand Zone in Weekly Time Frame Moving Averages - 150 MA : Price is a little above 150 MA shows some good signs in the crypto market, If the price falls below 150 MA then the trend is completely bearish mood till 20K$ Expectation/Probability: Price can reverse from the current level till 46k$ or...