FTMUSDT Technical analsysis update BINANCE:FTMUSDT has formed a bearish head and shoulders pattern on the daily chart, with price moving the support level below. If a breakdown is confirmed on the daily chart, we could expect a potential drop of 20%-60% in FTM. Additionally, the price has fallen below the 100 EMA, adding further confirmation of a bearish...
MEWUSDT TEchnical analysis update MEWUSDT has formed an ascending broadening wedge pattern at the peak, indicating potential bearish momentum. The price breakdown has been confirmed on the 4H chart, and a retest of the breakdown level has been completed, reinforcing the bearish outlook. The price is now moving steadily toward the lower levels of the pattern,...
Happy Bitcoin White Paper Day! 📜✨ Today marks an essential day in digital assets and decentralized finance. On October 31, 2008, Satoshi Nakamoto introduced Bitcoin to the world through a revolutionary nine-page white paper, "Bitcoin: A Peer-to-Peer Electronic Cash System." This blueprint set the foundation for the first decentralized digital currency,...
Will Bitcoin hit the ghostly 100K milestone? This chart playfully shows the journey, with BTC carving out its path like a Halloween pumpkin, aiming for the top with some holiday spirit. Happy Halloween to all HODLers! 🎃👻
As Halloween approaches, it’s the perfect time to reflect on the common “frights” that can scare traders away from success. Just like ghosts and ghouls lurking in the shadows, trading mistakes can be sneaky and unexpected. This post will highlight some of the most common trading mistakes, drawing parallels with Halloween themes, and provide strategies for avoiding...
BTCUSD technical analysis update BTC has formed a Cup-and-handle pattern on the weekly chart over the last 1,100 days and is currently trading at $67,000, approaching a key resistance level. A breakout above this resistance would signal a potential upward trend. Once the breakout occurs, we could see a strong bullish move, with the potential for a 100% to 200%...
BINANCE:BTCUSDT daily chart shows a Golden Cross, a pattern that has historically been a strong indicator of bullish momentum. A Golden Cross occurs when the 50-day moving average (MA 50, in purple) crosses above the 200-day moving average (MA 200, in blue). This crossover is generally viewed as a signal of a long-term trend reversal, suggesting that bullish...
BINANCE:BTCUSDT and BINANCE:SOLUSDT technical analysis update. BTC and SOL are showing similar chart patterns, each forming a cup and handle. Currently, both SOL and BTC prices are trading within the handle, moving toward a potential breakout. If this breakout occurs, we could see a strong bullish move in both assets. SOL has already risen 2600% from its...
SOLUSDT Technical analsysi uopdate SOLUSDT has formed a cup and handle pattern on the weekly chart over the past 1080 days, which is a bullish signal. The price is currently forming the handle, and once it breaks above the handle's resistance, we can expect a strong upward move, signaling the continuation of the long-term uptrend. Regards Hexa
BINANCE:BTCUSDT on the daily timeframe is forming a descending broadening wedge, with the price currently testing the upper resistance trendline. This pattern often suggests a potential bullish breakout if the price successfully surpasses the resistance. The volume profile shows significant trading activity between $65,000 and $67,000, indicating this range as a...
SOLUSDT Technical analysis update SOLUSDT is forming a bullish pennant pattern on the 1-hour chart, with the price now moving toward the breakout. Once the breakout occurs, we can expect a bullish continuation in SOL Pennant formed inside the flag pattern, we posted flag pattern analysis in the previous idea.
MYROUSDT Technical analsysi update MYRUSDT is forming a bullish flag pattern on the 4H chart, and the price is now breaking out of the flag. On the daily chart, the previous resistance zone is acting as support, with the 100 and 200 EMAs providing support at the flag's bottom. A strong bullish move can be expected. Buy zone : Below $0.113 Stop loss :...
PENDLEUSDT Technical analysis update PENDLE's price is breaking the inverse head and shoulders neckline on the daily chart, with the 100 and 200 EMAs acting as support for the right shoulder. We can expect a potential bullish move in PENDLE Buy zone : Below $5.00 Stop loss : $4.40 Take Profit 1: $5.48 Take Profit 2: $6.15 Take Profit 3: $8.00 Regards Hexa
Bitcoin's price has been moving sideways for the last 114 days after reaching a new ATH. Now, the price has dropped below the previous ATH. In the early stage of the bull run, Bitcoin's price moved sideways for 210 days before making a significant bullish move. This time, we can expect a similar pattern, with the price likely continuing to move sideways for the...
RUNEUSDT Technical analysis update RUNE has been trading inside the triangle for the last 30 days and is now moving toward the breakout on the 4-hour chart. If the breakout occurs, we can expect a significant bullish move. The price is trading above the 100 and 200 EMA on the daily chart, which act as support for the current triangle.
Fear is a natural emotion that affects all traders, whether beginners or experienced professionals. In trading, fear often stems from uncertainty, the potential for losses, and the volatility of financial markets. Left unchecked, fear can lead to poor decision-making, impulsive actions, and even significant financial losses. However, by understanding fear and...
ZKUSDT technical analysis update ZKUSDT price has formed a cup and handle pattern on the 4H chart and is currently forming the handle. Once the price breaks the cup and handle neckline, we can expect a strong bullish move. Buy Level: after breakout confirmation 4H chart, above $0.155 Stop Loss: $0.140 Regards Hexa
Open interest (OI) is a critical concept in the world of trading, particularly in the futures and options markets. It represents the total number of outstanding contracts that have not been settled or closed. Understanding open interest can provide valuable insights into market sentiment, liquidity, and potential price movements. In this article, we will explore...
