🔍 Key Analysis: BINANCE:IOTAUSDT.P IOTA/USDT has successfully broken above a key resistance zone and is now showing strong bullish momentum. Breakout Structure: ✅ Breakout: Price broke above the resistance zone. ✅ Retest: After the breakout, price pulled back to retest the previous resistance, which has now flipped into support (green zone). ✅ Continuation:...
BINANCE:USUALUSDT.P This looks like a potential accumulation zone forming after a prolonged downtrend. The price has been consolidating within the marked range and has now started to push higher. Possible Scenarios: 1️⃣ If price breaks and holds above this range, we could see a reversal with bullish momentum. 2️⃣ However, if this is just a weak breakout, it...
🚀 BINANCE:MANTAUSDT.P 🔍 Key Observations: ✅ Ascending Triangle – Price broke above the resistance zone. ✅ Retesting Breakout – The price is currently testing the breakout level as new support. ✅ Volume Confirmation – Decent buying volume on the breakout, indicating potential continuation. 📈 Bullish Scenario: If the price holds above the breakout level, could...
This 1-hour chart of NOT/USDT on Binance presents a well-defined Cup & Handle pattern, which is a strong bullish continuation formation. If the pattern plays out correctly, we could see an 11% price surge after a breakout above resistance. Understanding the Cup & Handle Pattern: 🔹 The Cup: This rounded bottom structure indicates accumulation after a downtrend,...