Asif_Iqbal_chaudhary

Asif_Iqbal_chaudhary

Market Overview: The MKR/USDT pair is forming a Rising Wedge, a bearish reversal pattern. This suggests a potential downside move after a strong uptrend if the price breaks below the support level. Key Technical Observations: 🔹 Rising Wedge Formation: The pattern consists of higher highs (HH) and higher lows (HL), signaling weakening bullish momentum. 🔹 RSI...

Asif_Iqbal_chaudhary

Market Overview: The SOL/USDT pair has formed an Inverse Head & Shoulders (H&S) pattern, which is a bullish reversal signal. This suggests a potential upward breakout after a prolonged downtrend. Key Technical Observations: 🔹 Inverse Head & Shoulders Formation: The structure consists of a left shoulder, head (LL), and right shoulder, indicating a shift from...

Asif_Iqbal_chaudhary

Market Overview: The AUD/CAD pair is currently forming a rising wedge pattern, a bearish signal indicating a potential breakdown. The price is consolidating within support and resistance levels, showing signs of weakening momentum. Key Technical Observations: 🔹 Rising Wedge Pattern: The price is making higher highs (HH) and higher lows (HL), but the structure is...

Asif_Iqbal_chaudhary

ACH/USDT) is currently showing signs of a potential bearish reversal after forming a double top near the resistance zone. Additionally, the RSI divergence suggests weakening bullish momentum, increasing the probability of a downward move. Trade Setup: 📌 Entry Price: 0.03367 (Below neckline support) 📌 Stop Loss: 0.03753 (Above resistance to avoid stop hunts) 📌...