Futurestrading
MATIC inside rising wedge#MATIC/USDT
$MATIC rejected from upper line of rising wedge pattern and heading down toward lower line that will be around $0.51.
🐻 break down from lower line of this wedge will drop price more to support zone around $0.35.
🐮 but holding the lower line that is the same with descending trend line and break out from upper line will increase price to higher trend line and resistance zone around $0.85.
MATIC broke out rising wedge#MATIC/USDT
#update
$MATIC hold the lower line of wedge as support and pumped to broke out from upper line of wedge, and now faced a resistance zone.
🐮 possibly price will have a pullback to support zone around $0.6 and then will continue its rally to resistance zone between $0.8 and $0.9
🐻 break down from support zone will invalid bullish scenario and price can drop to descending trend line.
BNB rising wedge to $250#BNB/USDT
$BNB is inside rising wedge and rejected from lower line of wedge. now price is inside resistance zone.
🐮 break out from this resistance zone will increase price to upper line of wedge that is the same with resistance zone around $250.
🐻 rejection from current resistance or next resistance and break down from lower line of wedge will drop price to $200 and lower.
BTC above broken trend line#BTC/USDT
$BTC trend lines
Price broke out resistance zone and pumped above ascending trend line based on my last analysis.
🐮 now price is in pullback to broken trend line and if hold it as support, then can continue its rally to fib levels that are the same with higher ascending trend line around $23k and more.
🐻 break down from current trend line will drop price to support zone around $20500 and lower to touch lower trend line.
SAND/USDT Perpetual ContractDear Sir or Madam,
I was just made a simple draft about to short ing SAND/USDT
I saw SAND just made a spike today and I decide to doing short
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And take profit at my sign "Potential Target 1 and 2".
I am here just wanna share my analysis.
How about yours? share to me
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Regards,
BTC trend lines and fib levels#BTC/USDT
$BTC trend lines and fibonacci levels.
price broke out from descending trend line, but faced another descending trend line that is the same with resistance zone between 0.5 and 0.6 fib levels of 4h swing down.
🐮 break out from this zone can increase price toward next descending trend line that is the same with 0.382 and 0.5 fib level of daily swing down around $23k and $24700.
🐻 rejection from current resistance can cause a pullback to broken line or drop price to $18k and even $16k
EOS at lower line of falling wedge#EOS/USDT
$EOS is above lower line of lower zone of long term falling wedge pattern.
🐮 holding the lower line of wedge as support will increase price to resistance zone around $1.2.
and breaking out from this zone will head up price to upper line of wedge that is the same with resistance zone around $1.6.
🐮🐮 as you know if break out from upper line it will increase as high as the height of pattern.
🐻 breaking down from descending support will invalid this analysis.
DOGE fib levels #DOGE/USDT
$DOGE touched the 0.5 fib level of last swing high, and price is above ascending trend line.
🐮 holding the ascending trend line as support can increase price to 2 fib level to complete AB=CD pattern.
🐻 break down from ascending trend line will drop price to 0.618 and maybe lower fib levels.
DOT adam&eve and daily trend lines#DOT/USDT
$DOT shaped an inverted Adam and Eve pattern.
🐻 break down from support zone can drop price to daily descending trend line, around $4.5 or even lower.
🐮 holding the support zone can increase price to descending trend line and resistance zone as sideways move.
Bearish Bat Pattern in GailHello traders. I've observed bearish bat pattern in NSE:GAIL
Price Action seems to be Rejecting the PRZ of a Bearish Bat on the Daily that could lead to a Moderate Retrace before seeing Higher Prices.
Hello Trader. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst. Trade on your own conviction and please consult your advisor before investing.