Zone
KEYUSDTScary and promising range
The SELFKEY currency trend is approaching a range that will change the future of the currency. And the decision of what this currency will do in this range is something that depends only on the strength of the market, and factors such as the bitcoin trend and the ratio of capital volume, as well as the management of cooperation programs of this currency are involved in this.
BTCUSDTTrying to get out of the ascending triangle
Fortunately, bitcoin has stabilized somewhat and is now facing some positive outlook.
Chart analysis:
Here, the bitcoin trend has formed an ascending triangle pattern, and at the same time the trend has hit the support zone and the floor of its large channel, so it is expected that with its strong support it can climb and even break the triangle roof and get ready again. To reach about $ 65,000.
My views on EURUSD Pair hello fellow traders, this is my view on EURUSD pair. I am looking for a long opportunity you can short once it breaks the trendline or wait for the retest. target have been market with yellow line you can see on the charts. the reason for the long is the multiple support and weakness on sell side
long above:- 1.17957
please do let me know your views on my chart analysis on EURUSD Pair on comments
ADAUSDTTriangle pattern is a tool to fly the price of Cardano
As you can see in the chart, the Cardano trend is a triangle that prepares to break the triangle and create a completely uptrend.
In this way, Cardano prepares himself to achieve higher goals.
The area shown in yellow has the support and leverage to push prices, including moving averages and trend lines and the smoothed Ichimoku cloud, and even Fibonacci lines and other supports that Cardano has leaned on in recent trends. Shown. This range will have the power to raise the price to the top of the triangle, but can not guarantee the continuation of the upward trend, but we are optimistic that the triangle pattern will be broken in Cardano's third attempt.
Finally Good News For PolkaDOT!The price has been respecting an increasing trendline since it has begun the bull run. On 22 February, the price has experienced a very strong rejection of this trendline, and also around 22 march, a rejection is noticed. All this adds confluence to the fact that this trendline has become support. From 20 February till 20 March the price has failed to break a strong support zone (drawn in grey) many times and kept bouncing between 31$ and 37$. Recently we noticed a breakout of this zone where the bullish candles closed above this zone and now the price is testing it which transforms the old resistance zone into a support zone. The price can have a bullish run either soon or until the price touches again the trendline.
chzusdtIndecision in CHZ
With the fall of this currency in the past month, fear has been created among the investors of this currency, which in a way has left the market undecided for CHZ.
Of course, it should not be forgotten that it has experienced very good growth earlier this year, and this is a correction for its previous trend, and Lee has said in some comments that this downward trend has continued a little longer than expected, and it is likely that this way The descent is slow.
But in some statements, there is a lot of hope for a return to the upward trend in this currency.
Impressions from the chart
As you can see, the 4-hour candlesticks have broken a strong support zone downwards, and now it is possible that this zone will act as a very strong resistance and cause the currency to fall more than before, in which case the price may fall. There that is shown.
But only a big shock can cause a breakout and shape the uptrend, which is possible given the history and rank of this currency.
Gold is a good sellHere I think gold is a good sell point.
1. It touched the purple rectangle supply zone
2. It has broken out of the rising wedge (I did not take a position on the wedge breakout)
3. The bottom line of wedge is now resistance
Decent profit potential to 1st profit target
Good profit potential to next target which is a minor resistance
Great profit potential if it goes to green demand zone at bottom
Let me know what you think too.
Ms Bunny ❤️
UNIUSDTTriangle for climbing
As you can see in the chart, the UNI currency is forming a triangle pattern, and this triangle pattern has a special feature based on the uptrend.
However, if we leave out the triangle pattern. There is another issue that not only resists the fall of
this currency but also supports the rise of the price, which is the support and resistance zone in the price range of 29.8 - 30.3 dollars.
This support zone has a total of several support components, including:
Ichimoku Cloud, Moving Average 50-100-200, Fibonacci 0.76 and Triangle Floor
With the price rising and the upward triangle breaking, the upward trend is expected to continue up to the channel ceiling.
BTCUSDTTry Bitcoin again to set a new record
1- Now Bitcoin is suffering in the lower half of its channel. This is a sign of gathering market power for a price climb.
2- In the last few days, breaking the resistance zone and rising to the price level of 59,500, he is now resting and returning to the resistance zone.
3- The collective expectation of the market from Bitcoin to reach the new price ceiling is very positive.
GBPJPY - 22 March - 2 April 21 Weekly Trade PlanGBPJPY
This is my 29 March – 2 April 21 Week Trade Plan for GBPJPY
Monthly: Solid bullish and with a close above 150.40 will open the door to test 153.84 / 154.90 but still a close above 152.62 the May/Aug 13 zone high that is holding GJ from any upside.
Weekly: Solid Bullish with previous week candle tested broken resistance 148.85 and bounced with a long nice lower wick. But still minor weekly resistance formed at 151.62 will be holding any up move until a close above 152.62
Close above the weekly resistance is required for further up move but still a close above 152.62 Monthly range high will give solid confirmation
Close below will indicate a top formed with rejection from M range and a correction to the up move is due
Daily: Solid Bullish with support formed at 148.76 after testing 24 to 26 zone 149.63 / 148.30. A Resistance zone 151.74/151.91 to be a rejection point for any further up move. A solid close above will indicate bullish momentum continuation.
So I've 2 Scenarios for next week as following:
Scenario 1 : Looking for GJ to retrace and form a support between 151.63 and 149.86 to confirm creating a HL to extend the bullish momentum and to test highs
Scenario 2 : A failure to create a support will indicate a LH is formed and we may test the lows created at 148.76 and may be continuation
Weekly trade plan 4H Chart:
Daily Analysis Chart:
Weekly Analysis Chart:
Gold rejected on BIG demand and BIG supportAfter 8 months of bearish trend, as you can see gold made bullish falling wedge pattern. And it has reached good support and good zone also rejected on it. What a good setup. XAUUSD is on a price which can be beginning of uptrend for next few months. And don`t forget it is an idea, not a signal. Hope you guys enjoy it.
EOSUSDTDoes EOS start climbing?
Given the chart's history, the EOS currency has the potential to reach higher prices.
But there are obstacles in its way, such as the canal roof and the resistance area
It should be noted that this currency has lagged behind the upward trend of the market in recent months, and this increases the likelihood of a price explosion in this currency.
VETUSDTThe final decision of the Vechain currency
We are now at a time when bitcoin is the main determinant of the digital currency market. And most Altcoins listen to Bitcoin. Of course, there are exceptions.
But for Vechain currency, it will probably behave like a soldier.
If we set aside bitcoin and analyze it from the chart, we will see that by forming a triangle, it tries to return to the ceiling of the channel, which is a support range shown in the chart as a yellow oval, which will help Arvand ascend .
But if the trend fails to climb by hitting the middle of the channel, the probability that the downward triangle pattern will break is high.