Not Financial Advice BINANCE:FILUSDT has been trading in a symmetrical triangle for more than 1 month, and is now retesting the resistance trendline. The RSI broke its trendline, this is a potential leading signal for an imminent price breakout. A successful breakout of the triangle's resistance trendline could mark a reversal and lead to a retest of...
Bullish pennant on BINANCE:BNBUSDT Not Financial Advice Fib retracements are drawn between the ATH and the 2022 low. Some levels are still very well respected. (The pennant's low, matches exactly 0.618 fib) We are very close to the pennant's convergence, so a breakout should be imminent. Watch for a breakout of the resistance trendline (solid orange), as...
Flag & Pole would place target at ~90k. Potential IH&S and retest of previous resistance trendline (now support) seem good Long entries. Several similarities with the end of February: RSI trendline breakout Long term support trendline test (purple) TD Sequential Buy Setup
Very interesting chart for $ELDA. Multiple retests of the support, with a very strong recent rejection (3x volume spike). The support is also extremely close to launch price. RSI bearish divergencies seem to signal that the support will be tested again very soon. Another bounce might very well lead to a breakout of the current pattern and a breakout of the...