We've seen this in the past. Is history going to repeat itself? If so, prepare for another 3x!
After buying RUNE @ $3.50, Looking for a short back down the descending triangle. OR we can see a breakout confirmation out to the topside.
Trading inside a descending channel, looking for another rejection from the resistance trendline
Breakout to the topside of the symmetrical triangle. Can we see a bullish move upwards?
We will see how this plays out. What we're really looking for is another crypto bull run this year. Take care.
Simple idea, not too much to talk about here. All info on the chart. Good Luck!
Really need some volume. Looks like we hit a great bottom for now. Entered in the mid $3's
Looks like BTC is using the top of this parallel channel as support. Price has been rejected from 45k multiple times, waiting for a break. Key zones being 46k and 51k We will see how the market plays out. Good Luck.
MATIC is currently re-testing the upper resistance line of the parallel channel. Can we see another bullish move? Or are we going to see a fakeout with the price falling back to the lower resistance line?
As mentioned before, after breaking out of the major resistance trendline, we were bound to see a move upward. We were in a consolidation phase in the 41.5k area and broke out to the next previously mentioned resistance at 44-45k which was then rejected. If we continue to follow this bullish move, we may see another move to 46k after a retest on the parallel...
All analysis is done in the chart. Best of luck.
Ascending parallel channel. We are looking for a short-term pullback. If we see a break in local support, we can expect a move to the lower end of the channel.
Price action is reaching near the top of the downward parallel channel formed in the 1d timeframe. We are looking for a re-test on the resistance trend line.
Will BTC break down under 30k or will we see another push to local resistance @ 42k breaking the downward trend line?
BTC just broke the major resistance trend line and now we are waiting for a close. We have a few more resistance areas to look out for in regards to price rejections. Key areas for price rejection include 45k , 52k , and 60k . Good luck to you all.
Bitcoin could fall to 30k and push towards the next local resistance @ 42k after breaking the major downtrend line. We have seen multiple price rejections @ the 28-31k region. Very strong support here. RSI channel can also see a breakout similar to July 2021 A break lower than the major support can push prices down to the lower 20's. We will see how the...
We have found a short-term accumulation, Oversold RSI, we may have a small push higher. Or we may push lower following downtrend.
Would be a perfect bottom for ADA, RSI makes higher lows while the price continues to make lower lows. We will see how the market plays out. Good Luck