SUI has been one of the better performing L1's and altcoins in general in the last 6 months that BTC has been chopping/ranging. There are a few key points on the SUI chart that catch my eye: - 1D 200EMA is now flipped bullish with a strong reaction after flipping the level, this shows buyers are confident in the project and happier to buy at higher levels,...
Hey there, ✌ 🔹In the daily timeframe, analysing the KUCOIN:TONUSDT chart, reveals that the price has been on a downward trend since the $8 level. After breaking the crucial $6 support, this downtrend extended to around $4.80. Following this decline, the price saw a nearly 50% recovery and pulled back to $6, but then faced further correction to...
Zcash is a chart I like the look of quite a lot on the 1D timeframe. ZEC has outperformed the majority of the altcoin market since it flipped the 1D 200EMA downtrend into an uptrend. The 1D 200EMA has been I a downtrend for 2.5 years since the very beginning of 2022! Since then ZEC has bounded off the moving average once with a large wick and now it has just...
Solana has been one of the best performing majors so far this Bullrun, and has had one of the best reactions to the recent sell off. The DAILY chart is an interesting one and clearly respects the range structure, currently the price has just rejected off the MIDPOINT and for me is an area of contention, there are some triggers i'd like to see and can take action...
Bitcoin is in a tricky place right now. The fear and greed index has cooled off massively and now sits at a neutral score of 55. General sentiment is very poor and after nearly 2 months of sideways action traders/investors are getting restless especially after the promise of price rally post-halving, but is there any positive news? The chart is pretty clear, HTF...
The chart for EUR/USD on a daily timeframe shows a symmetrical triangle pattern, indicating a potential breakout. The price is currently at approximately 1.06865 USD, fluctuating between converging trendlines. The upper trendline acts as resistance, while the lower trendline provides support. The chart suggests a possible bullish breakout, represented by a yellow...
The chart for USD/JPY on a daily timeframe shows a strong bullish trend, supported by an upward trendline, with the current price at approximately 160.016 JPY. A significant "Strong Resistance Level" is identified around 160.209 JPY, where the price has previously encountered selling pressure. The chart suggests a potential breakout above this resistance level....
The chart for Silver/US Dollar (XAG/USD) on a daily timeframe shows a bullish "Double Bottom" pattern around the 28.60 USD level, indicating potential reversal of the recent downtrend. This pattern suggests strong support, as the price has bounced off this level twice. The current price is approximately 29.038 USD. A significant resistance level is identified...
The eurgbp pair is getting close to an extremely solid parallel support zone, where there is a good likelihood that it will move in a bullish direction similar to the last one. The price has confirmed my prediction over the past three to four times, and it is now heading toward the same area where there is a greater likelihood of a bullish move. Near the zone,...
The gold pair moves in a vertical upward price channel and gives respect to their upper and lower trendlines. If the market loses its momentum on the ATH level of gold then it's a chance to move down and some retracement it. There is a big zone on the ATH T.F of gold that is 2400-2430. And if the market respects that zone then we see to reject price to lower...
The gold pair moves in a vertical upward price channel and gives respect to their upper and lower trendlines. If the market loses its momentum on the ATH level of gold then it's a chance to move down and some retracement it. There is a big zone on the ATH T.F of gold that is 2400-2430. And if the market respects that zone then we see to reject price to lower...
The audusd pair breaks the resistance level at 0.66500 and closes the candle above this level. Now the market is testing again this level to give a big move to the upside level. There is also another strong resistance level at 0.68500. the market breaks this resistance and then turns into support, and if the market holds this support level of 0.66500 then we see...
The audusd pair creates a resistance level at 0.66500. The market touched this zone three times.This resistance is very important because last three to four times price stop it's bullish momentum and moved down side towards the support area. if the market holds this resistance level then the market again goes to downward levels.
The dollar index creates a bearish flag after the breakout of the 105.00 level. The market is ready to break the bearish flag because tomorrow is the federal interest rate and Powell's speech a big day. There is also a resistance level at 107.00. If the bearish flag breaks then the market moves toward resistance level.
The dollar index moved in a triangle pattern. Last week, the market tested his upper trendline. If the market tests the upper trendline then it is 106.500 level. Another thing is there is a resistance and supply area at 107.00 level. if the market does not respect the upper trendline then further move to 107.00 level and then reject.
a symmetrical triangle in the BTC market suggests uncertainty about its future direction. This pattern occurs when the highs and lows of the price form converging trend lines, indicating that neither buyers nor sellers have taken control. Traders often see this as a potential continuation pattern, meaning the price could break out in either direction once the...
The btc pair creates a pennant in the 1D timeframe. If the market breaks this pattern then a big move is expected, there is also an order blocker in 1d at 52500-51000 range. If the market does not give respect to the downward order block and breaks above then the market goes above 85000.