FTMUSDT has successfully executed a trend breakout, supported by the confirmation of a bullish breakout from an ascending triangle, characterized by a Change of Character (ChoCh). With this setup in place, we anticipate an upward rally, aiming to surpass the previous swing highs.
UNIUSDT has validated a breakout from both a bearish channel and a bullish flag, occurring above a crucial demand level identified on the 15-minute timeframe. This indicates an anticipated upward rally, serving as a correction to the preceding sell-off.
RVN is currently displaying a short-term bearish channel breakout on the 15-minute chart, complemented by a robust demand zone. This suggests the potential for a reversal or bullish rally to the upside, aiming to fill the Fair Value Gaps (FVGs) formed during the recent price crash.
AVAXUSDT has recently breached a critical support level following the formation of a head and shoulders pattern. This development indicates a significant potential downward movement to finalize the structural breakout. Anticipating a retracement towards the trend line identified on the daily timeframe is our outlook.
CHZUSDT has established an ascending triangle pattern following a significant sell-off accompanied by market liquidations. Anticipation is for a bullish breakout within the formed triangle, potentially filling the Fair Value Gaps (FVGs) created during the sell-off. The projected bullish trend resulting from this breakout holds significance for the current and...
GBPUSD has formed a rising wedge pattern, and we are currently observing a bearish breakout occurring along the lower boundary of the pattern. Our analysis suggests that the price is likely to undergo a retracement, approaching the 50% level on the Fibonacci retracement scale, considering the recent bullish trend.
GBPCHF has formed an expanding channel, indicating a potential reversal in the prevailing bearish trend. A Change of Character (ChoCh) is evident with the recent impulse movement. As we patiently await the price to break out from the established trend and close above the identified key level, under optimal conditions, we may anticipate a reversal in price...
DOGEUSDT has formed a descending triangle, and there's been a bullish breakout along the established trend, indicating a potential upward rally, especially considering the recent daily highs. Notably, there is a robust increase in volume, coinciding with the recent BTC surge towards $45k. This bullish momentum across various altcoins suggests a supportive backdrop...
ZRXUSDT has formed a symmetrical triangle pattern while maintaining its position above a significant demand zone. Anticipating a bullish breakout from the triangle, there is the potential for an upward rally in the near future.
AUDUSD has established an ascending channel, and there are indications of a potential downward momentum, particularly with the development of its fifth impulsive wave. This observation is reinforced by the trend breakout that occurred on the 15-minute timeframe. There is a likelihood of a retracement back towards a previously identified key level in the near term.
AUDCAD is exhibiting a strong adherence to the supply zone established on the hourly timeframe, suggesting the formation of a potential double top pattern. This pattern indicates a bearish inclination, signaling the likelihood of a corrective leg in the near future. It is essential to monitor the price action closely for confirmation of a significant trend...
ADAUSDT has formed an ascending triangle pattern, indicating a higher probability of a bullish breakout. It is advisable to patiently monitor the price and its reaction within the identified setup. Notably, there is a robust supply zone identified within the hourly timeframe. A break above this level would invalidate the supply zone, potentially transforming it...
US100 has formed a rising wedge pattern, and it is prudent to exercise patience for confirmation of the breakout before considering a short entry. There is a notable potential for the formation of a correctional leg, retracing back towards or below the recently highlighted key level within the context of an extended bearish trend.
ALGO is currently confined within a descending triangle pattern. To determine the potential future direction, it is advisable to exercise patience and await confirmation of the breakout. There is a higher likelihood of a bullish scenario, with a potential bull run anticipated to retest the recently established highs, should the breakout confirm as expected.
1INCH has undergone a bearish breakout within the prominent hourly expanding channel. The lower boundary of the channel has distinctly experienced a bearish breakout. Our anticipation includes the formation of a correctional leg, potentially retracing the price to around or below the 50% level on the Fibonacci scale.
USOIL has demonstrated a potential surge in buying pressure within the identified demand zone, prompting a bullish breakout amid the recent bearish trend. These significant levels are distinctly recognized on the daily timeframe. Presently, there is a perceived potential for a movement towards the major Order Block (OB) situated at higher levels.
BATUSDT has experienced a bearish breakout along the lower boundary, signaling a potential trend reversal with a move anticipated back towards the major demand zone identified within the current timeframe. The expectation includes a retest of the initial Order Block (OB) that played a role in the breakout, followed by a continuation in the selling pressure.
USDCHF has identified a significant demand zone, suggesting a potential reversal to the upside. Additionally, a falling wedge pattern has been observed on the hourly timeframe, aligning with the anticipated reversal. The expectation is further supported by a perfect bullish breakout along the upper boundary of the falling wedge.