* AAVE in daily time frame forms a Ascending channel pattern. * Ascending channel appears when the price moves between two parallel ascending trendlines forming higher highs and higher lows. * If AAVE breaks the lower trendline of the pattern we can expect a drop till $251 and to continue the uptrend the price needs to move within the pattern or break the upper trendline.
After a notable roller coaster ride, the crypto space currently seems to have relaxed a bit. Most of the assets are currently accumulating after slightly pulling back from the higher positions. While Bitcoin, Ethereum ranged high and consolidating, Cardano appears to have inculcated a reverse trend. And hence raising the clouds of suspicion over the ADA price...
* Luna is moving in a Channel pattern forming higher highs and higher lows, respecting the below trendline as it's support. * After testing the below trendline (support) we can expect Luna to bounce back and form a high.
* HBAR is in proper uptrend with respecting the below trendline as it's support. * HBAR has a important support around $0.3 and facing resistance around $0.41, if the price breaks the trendline support we can see a drop till $0.3. * To continue the trend HBAR needs to break above the resistance of $0.41.
* Dogecoin appeared with Double bottom pattern in weekly time frame. * Double bottom is a trend reversal pattern appears during the downtrend which reverses the downtrend. * DOGEUSDT is facing resistance at it's neckline around $0.35. In order to continue the bull run Doge needs to break the neckline.
* Dogecoin in 1W time frame is forming a Double Bottom pattern. * Double bottom is a trend reversal pattern appears during the bearish trend. * Dogecoin will face a resistance near $0.35
* Shib is moving in a parallel channel creating Higher-highs and Higher-lows. * In order to continue the bull rally Shib needs to move within the channel or should break the above trendline
* Theta is in tight consolidation of Symmetrical triangle, where the above Descending trendline is working as resistance and the below ascending trendline working as support for the price. * Currently theta is trading around it's resistance. We can expect a huge bull rally it is breaks the above trendline. * The price may even drop till the below support and...
* Tezos in Daily time frame forms a Cup and Handle pattern. * Cup and Handle is a bullish continuation pattern occurs during the uptrend. To continue the trend price needs to break the handle ( Falling channel like pattern). * After a proper retest to the breakout level, we can see the continuation of uptrend in Tezos.
* Shib in 1H time frame appears with Ascending triangle, with it's support as below trendline and facing resistance around $0.00004330 * In order to continue the trend Shib needs to break the above resistance.
* After a breakout from the Rising Channel Bitcoin created a new ATH and drops back to $60K level to retest the breakout. * Now the price is bouncing back to it's ATH after a proper retest.
* Ethereum is in a healthy uptrend creating Higher-highs and Higher-lows following a pattern called Rally-Base-Rally. * Ethereum also appears with Bullish Flag a trend continuation pattern. * In order to continue the Bull run ETH needs break the $4220 resistance.
* XLM forms a Descending Triangle pattern in 3H time frame, with it's important support around $0.365 and the above trendline as resistance for the pirce. * As XLM is in a healthy uptrend we can expect continuation of trend after breaking the above trendline.
* Bitcoin is creating lower-lows and lower-highs and trading almost 10% below from it's ATH. * Bitcoin is appearing with bearish flags. Bearish flag is a continuation pattern occurs during downtrend where the price consolidates before continuing the trend. * To continue the downtrend Bitcoin needs to break the fag pattern
* Zcash in Daily time frame appears with Double Bottom pattern * Double bottom is a trend reversal pattern appears during the down trend and signals that the sellers, who were in control of the price action, are losing momentum. * If Zcash breaks it's resistance of $176 we can expect bullish momentum in price
* DYDX is trading on it's major support of $19, even the below trendline is working as support for the price. * We can expect bounce from the support or if the price breaks the $19 support we can see a drop till $15.
* Ethereum in 4H time frame appears with Rising Wedge pattern. * Rising wedge occurs when the price moves between two trendlines forming higher-highs and higher-lows. The lower trendline works as support for the price and the upper trendline works as resistance. * Rising wedge appears with wide bottom and as the price moves higher the range becomes narrow. *...
* BNB in 4H time frame forms a Inverted Head and Shoulder pattern with it's neckline as resistance around $440 * In order to continue the bullish run BNB needs to break it's resistance of $440 * BNB is bearish below $390