In weekly time-frame we can observe the price fell from ATH breaking all the support zone and is currently forming a proper DOUBLE BOTTOM (W- pattern). From here on, there are possibly two scenarios that can take place, first the price surges from here following the W pattern to the upside (Lvls mentioned in green) and second after reaching the highlighted area...
The monthly end is nearing and everyone knows April being BULLISH for BTC revives the BULL inside every CRYPTONIANS . So unless some BLACK SWAN happens, BTC will surely go up soon. Hence, 3 scenarios which can play out (IMO) are indicated in the chart. Let's see how it goes. For educational purposes only (DYOR). COINBASE:BTCUSD
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
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). ...
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
It can probably shoot up from here and breakout from here can take the price to the mentioned lvls (*in yellow*). DISCLAIMER : I am not a Financial Advisor, this chart is for educational purposes only (DYOR). BINANCE:CRVUSDT
SYMMETRIC TRIANGLE formation, high probability of breaking to the upside. Targets in green. BINANCE:GRTUSDT For educational purposes only (DYOR).
This might be the best time to enter ZIL/USDT as it has been consolidating for a long time now and has been trying to breakout from the downtrend forming the LH's and HL's which we normally can see as a symmetric triangle .They have many exciting news lined up in this month and the next. Green (*targets/resistance lvls*) and Red (*support lvls*). DISCLAIMER : I...
A simple but elegant pattern formation of BULLISH Ascending Triangle can be seen in EGLD/USDT. The price can really light up and surge to the upside lvls as mentioned in th chart (*in green*) but if failed then the price can be dragged down the the lvls as mentioned in the chart (*in red*). Although, BTC/USDT is showing a lower side if it happens to hold the...
It has been moving in a bullish parallel channel for past a month and may still see an uptrend in the coming days/weeks but for now it has broken a wedge. If the market stays bullish we can see an upward movement from here (breakout) , otherwise a downward rally (as follows) : - Resistance - 1) 678 2) 700 (Strong Resistance) Support - 1) 644 2)...