Ethereum Headd and ShouldersBINANCE:ETHUSDT
We see the head and shoulder pattern in the chart, which is almost complete
And the price needs to be adjusted and keep that in mind
Do not shave more than the neckline, but if more fall
Done Wait for the process to reach the support line and after the reaction
Decide on the price
Corection
LINK/USDTBINANCE:LINKUSDT
The support and resistance area that you see in the chart now
As a resistance to price and uptrend
The process of reaching the price is above 15,000 and if the district can
Break the main resistance can be from trading with risky buying positions
Less used but now using the long position first
There is a lot of risk and secondly, the transaction is considered in the opposite direction of the trend
BNB/USDTBINANCE:BNBUSDT
The price has been able to double the pattern after the fall
Is to form that the pattern is complete and must be modified
And note that the correction should not be more than the neckline of the pattern
And the price if after the correction can withstand the resistance
Is going to break in the first stage of the uptrend and the deal
Includes low risk
ETH/USDTBINANCE:ETHUSDT
As expected the floor of the triangle is broken and up to the limit
The last support we identified was down and after
The collision with the support area had a strong upward return
And if the trend progresses without correction and re-enters the triangle
The downward trend is almost over, but it is likely to be inside the triangle
There is a correction to be made
ETH/USDTBINANCE:ETHUSDT
I have to give an explanation of the scope of the correction, which is usually for
Find out how much the price falls in the form of correction
Will have to try to find this range
Lower the time frame so that you can reach small peaks and valleys
But be effective and consider those limits for yourself
If at any time you see that the price fell further out of the correction range
Understand and change your entry point
ETH/USDTBINANCE:ETHUSDT
As you can see in the chart, a pattern of head and shoulders is almost
The ideal is created and based on this pattern a series of resistances
We have found for this currency and I must say that after completing this template
The price will rise somewhat and fall again
And for the first purchase you have to wait for the failure of the first resistance and for
Increase the volume of capital Wait for the failure of the second resistance
And if the support fails, the price will fall to the range of 1650
BNB AnalysisBINANCE:BNBUSDT
At 30 minutes time frame you can see that the price is in the range
The resistance has penetrated, but in order to break the resistance, it must
First stabilize above the resistance and return to the correction level
May he be able to continue to progress again after the defeat
Do not act completely emotionally and wait for confirmation and pullbacks
LINK/USDTBINANCE:LINKUSDT
The Fibonacci level of 1.272 has prevented the price from falling
And now the price is fluctuating a little and for
That the price will start moving upwards again
Must break the resistance that was broken once and
Stabilizing prices above 19,050 is a good option for
Login can be
Let's go for 36K bitcoinsBINANCE:BTCUSDT
When we go to the lower time frame, we can return candles
Let's see that it has been registered and now the price is back inside
The triangle has returned and now the price can be corrected
Okay, and after the correction, it will advance to the price of 36,000
To do
WAVES/USDTBINANCE:WAVESUSDT
The price in the triangle should make a small correction
And after correcting the price, it moves to the ceiling again
And if the price can break the ceiling of the triangle, go ahead
Fibonacci is located and this aligns the work to advance the price
It is difficult to buy after the roof of the triangle breaks
Do not wait for the Fibonacci level to fail
Bitcoin is Going up But .....Bitcoin will continue to rise but is currently completing its correction
For this reason, and based on the trend line and the ABC correction and the marked targets, the best points for completing the correction and starting the ascending process are again marked in the image.
Also, all the levels identified near the important support and resistance levels , which makes the issue even more important
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If you have any questions, ask me here !
Until next time!
Cheers,
OtanaTA ( Hamid Mojarad )