Price was influenced by the seller, which pushes the price from the major resistance zone down to form a minor support zone at the price of 110.410. Bullish pressure was seen which pushes the price to form a minor resistance zone at the price of 110.770. Continuous bullish pressure will push the price up to 111.176 if it can break above the green line, and a...
Price was influenced by the sellers (bears), which pushed the price from the major resistance zone at the price of 2.2000 to the major support zone at the price of 0.5129. Since then, the price has been consolidating, and form a minor resistance at 1.000. However, the price has also formed a chart pattern known as Falling Wedge which signifies an uptrend. If the...
ALICE/USDT, 1H timeframe. Price travelled from the major resistance zone at the price around 8.5000 down to 6.8000 to form a consolidation area. The price couldn't break above the minor support turned resistance. Bearish pressure took the price down to form a major support at price 4.7000. Since then, price formed a chart pattern named Pennant. A continuous...
ALICE/USDT, 1H timeframe. Price travelled from the major resistance zone at the price around 8.5000 down to 6.8000 to form a consolidation area. The price couldn't break above the minor support turned resistance. Bearish pressure took the price down to form a major support at price 4.7000. Since then, price formed a chart pattern named Pennant. A continuous...
Price formed a Head Shoulder pattern which signifies a downtrend. If price can break and close below the drawn blue line, a sell order will be triggered to the major support where the buyers took over the market.
Price was influenced by the sellers, which push the price down to the support zone. The price starts to range between 42000 and 30000, and the sellers do not have enough strength to push the price further below the support zone. The price is now forming Higher Lows which signifies an uptrend movement. A continuous upward movement of price above the rectangular...
Price has formed a wedge pattern which signifies an upcoming uptrend. The price couldn't break below further and formed a Double Bottom pattern, which shows that the Bears are losing their push in the market. A push above the resistance trendline will be likely to occur as posed by the arrows.
Price reached a consolidation phase for either a Long or short market trend. If the price can break below the rectangle support zone, short-order should be considered using the arrow. If the price rally up, an uptrend should be considered using the arrow.
Price broke above the trend resistance zone where the sellers couldn't push the price below. The price have been forming a HH and HL movement. A retest after the break out is likely at the resistance turned support zone.