MATIC 1DWedge pattern, usually this pattern tends to break up.
We then have what the pullback could be if the price goes to $0.7383 and then meets its strongest resistance around $1.0532.
Its strongest support is at $0.3185, which I don't think is enough as its new bottom is at $0.7383.
Watch out for the upcoming crossover of moving averages, another bullish sign, even more so now that Disney has announced that it will place its metaverse within the Polygon network.
Very high-octane MATIC is an Ethereum-based altcoin that powers the Polygon network (originally called the Matic network). The goal is to offer a sustainable scaling solution on issues such as high transaction fees and low speeds.
Follows support and resistance in 1H time frame
SUPPORTS: 79.35 / 78.19
RESISTANCE: 80.59 / 81.32
Manifestoulianov
FTTUSDT 1DWedge in accumulation, with strong support at $28.89.
The price can challenge the Ichimoku cloud at $24.75 and find a route to break the wedge.
Interesting setup, as from the top reached on September 9, 2021, from $85.74, until today, it corrected exactly 74.86%, which is clear the upward direction that this accumulative wedge will take, confirmed by the RSI indicating oversold.
FTT is a token used on FTX, offering many benefits to its holders such as lower trading fees and accessing a number of perks on the FTX exchange, or using as collateral to trade derivatives.
FTX’s increased public exposure, strong partnerships, and new protocol launches on the FTX exchange have made the FTT token successful.
Follows support and resistance in 1H time frame:
S : 23.42 / 23.35 /23.28
R: 23.63 / 23.72 / 24.04
KSM 1D - Possible upward movementLooking at the daily, you can see the formation of an accumulation triangle with a higher probability of a rise, which can raise KSM to values, at first, around $48.62.
Which would be awesome and there's also a magnetic force from the ichimoku cloud which makes KSM make an upward move.
From the top (05/17/2021) to today, it corrected about 93.46% which gives us the clarity of the upward movement, as Kusama is of very high octane and deep principles. If it breaks $44.86 the bullish move is imminent. Let's not forget about the latent oversold shown on the RSI. Anyway all technical indicators show an upward movement. Follow support and resistance in 1H time frame
S: 39.57 / 39.08
A: 43.23 / 40.58 / 41.59 / 42.40
BTCUSDT 1HBitcoin has been maintaining the support I reported here of $18,239, despite the economic scenario and the big difference that a few hours can make, BTC support was respected. I believe the background is in this region.
Possible crossing of moving averages in the coming hours, which indicates a rise, with the RSI also indicating the cooling of selling forces. (be careful with the weekend seller profile).
SUPPORTS AND RESISTANCES:
S-18,238.73
S-18,682.83
S-18,911.55
S- 19,340.54
==============
R-19,748.08
R-19,937.92
R-20,344.22
ETHUSD 1DEthereum always working with large volumes made a didactic Elliot pattern, which you can see on the chart. Right now we are accumulating to build momentum for a new Elliot sequel.
Another important point is that, despite the LTB having formed, ETH is very little time below the MM200, indicating an impulsive force towards it. Another technical factor that allows this LTB to break is the Ichimoku cloud being above it, also pulling it up. It just needs a big buyer impulse to guarantee the break of this LTB.
S-$1220.44
R-$1463.56
BRL 1620.40
BRL 1909.72 (MM200)