VLXUSDT is testing the 4h resistance after the cup and handleThe price created a double bottom on the weekly structure on the 0.20$.
As you can see from the upper chart, the price had a breakout from the dynamic daily resistance and now the market it's testing the 0.382 Fibonacci resistance after the green candles series.
on the 4h timeframe the price created a cup and handle pattern and the market had the breakout from its neckline.
How to approach?
The price could have a breakout from the 4h resistance (0.2530$) or gets the liquidity from the previous resistance now new support. So, if the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Cuppattern
Powerledger (POWR) is in uptrendHello Traders,
As you can see in weekly time frame, Powerledger ( POWR ) is in short-term uptrend, if it continues uptrend then it may complete cup pattern by reaching previous ATH. If it reaches previous ATH then it is big profit for us.
Recently POWR is listed in Binance, Coinbase and KuCoin exchanges so I am expecting lot of people investing into this token. Remember this is weekly buy so you has to hodl POWR for weeks, be patient.
Leave your opinion in comment section. Follow us for related analysis.
Thank you.
USDCAD LONGHey Traders, We are monitoring USDCAD for a buying opportunity around 1.279 zone. We have above a cup pattern, a bullish trend and an important daily supply and demand zone in combination with a hawkish fed. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
linkusdt in the coming daysHello friends. The currency has not been able to break the channel of its long-term uptrend, and the weakening of sellers has made the currency tend to rise. Now, given the four-hour time, the cup pattern seems to be taking shape. If he can break his resistance level, he can reach the target of about $ 30.
This is just a personal view. If this analysis was useful to you, support us with likes and comments and write if you think this path will pass or not. Good luck
$BTT Cup in the making - Moon Mission AheadBTT over the past few days has had incredible volume coming in.
As long as BTC plays nice we'll see massive gains in the days ahead.
Social platforms; BTT is a top talk amongst the alt coins.
beam has a clear chart pattern and ...beam has a clear chart pattern and it could be good afterr breaking dynamic resistance
$MAXMF What a GEM! $SOUSouthern Energy 2021 bounce back time! Multiple plays here and patience pays.
#oilandgas #Engergy #lightoil #naturalgas #acquissitions #OTC #TSXV #Roundingbottom
#Maxmf #Sou.V
This ones going to be a fun ride up
FLYY Golden Cross AlertWatch for the break out on the RSI. #Goldencross is very bullish and volume comes in fast and price can go parabolic. This ones been consolidating slowly and is due for its continuous uptrend. #roundingbottom