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VELO/USDT Ascending TriangleVELO in USDT pairing is forming an Ascending Triangle. This is typically a bullish pattern. A breakout can send us up 10-20% (green box) area. On the other side, there is much resistance here at top of triangle. BTC also can consolidate some from its previous pump and make alts cool off, in the case BTC consolidates we can see VELO and other alts break down into the (red box) areas. Stop loss would be a violation of the bottom support trendline in the triangle. Right now we are anticipating strong momentum to push us through while understanding market conditions and knowing where to place SL.
by UnknownUnicorn28488832
IDEA - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. IDEA is approaching a demand area so we will be looking for buy setups on lower timeframes. on H4: IDEA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
4
4H MATTERUSDT PUMPNEW LISTING antimatterdefi $MATTER gets listed on #KuCoin! Pair: MATTER/USDT Deposit: now open (network: ERC20) Trading: 10:00 am on Sep 28, 2021 (UTC) Withdrawal: 10:00 am on Sep 29, 2021 (UTC) Details:kucoin.com/news/en-matter-gets-listed-on-kucoin?utm_source=twitterinfo… #DeFi #NFT New token contract address: 0x9B99CcA871Be05119B2012fd4474731dd653FEBe Liquidity is added to @uniswap and tokens will be airdropped right after liquidity provision. $MATTER
MLong
by Fattah_Roshnfekr
3
Ascent or descentIf we look at the chart, we see that a long-term downtrend line is pushing the price down . But in the meantime, we see a support.The trend line and the support form a descending triangle Trading volume also confirms that it will be a downtrend.If this happens and the price goes down, the most important support will be in the range of 11.09 , But if buyers perform a miracle and break the downtrend line, the price can rise significantly. This is not a financial recommendation. This is just a technical analysis.
Short
by mehran_analyzer
Buyers in the latest trenchesIf you take a good look at the price chart, you will notice that the trading volume in ascending candlesticks is very small compared to descending candlesticks.This is one of the reasons why Bitcoin has entered a downturn.If the market pattern continues to move further, further price declines are more tolerable unless fundamental news comes to the rescue.In the downtrend, the most important resistance is 42463 and after that the psychological level is 4000 next resistance But if a miracle happens and the trend goes up, you can see the resistance level of 52717 from the higher price. This is not a financial recommendation. This is just a technical analysis.
Short
by mehran_analyzer
TRX is more confused than everA look at TRX daily chart shows that the long-term and medium-term trends are bullish.But the short-term trend is very confusing , The price candle on September 22, for example, was very promising, but the trading volume was small , As a result, buyers were unable to offset their losses on September 23 and a Dodge candle was formed.Today the situation has become more complicated and after the formation of the Dodge candle, now the price changes with emotions.I think the downtrend is more likely Because with a simple look at the chart, it can be seen that the power of descending candlesticks is more than ascending candlesticks.In the short term, the most important support is 0.085 and the most important resistance is 0.12. This is not a financial recommendation. This is just a technical analysis.
Short
by mehran_analyzer
7