HubAlgo

HubAlgo Updated 

Hello everyone After over a week in a weak bear trend, now we can hope for this wedge pattern to have a breakout to upper channel for BTCUSDT. Because of the doji bar of yesterday and lack of info of today it does not seems like a good time to analyze BTC, but since we have a good context and we are close to our weekly trend line it seems fine. We have...

HubAlgo Updated 

Hello everyone In last the week , market created a bear trend structure and did end it with a good hanging man bar which indicated that the bear trend continues and with the full bear body bar for today we have the full context of bear market. So far the market broke out of 1880$ for XAUUSD and reaching the 1850$ is expected.We may get to see the price in...

HubAlgo

Hello everyone Since last week we had a great fall of the price on DYDXUSDT, as you can see today's bar went above the high of yesterday's, which gave me the impression of a pin-bar for a second and then turn into this terrifying shadow.I know this asset been nothing but down trend so far,but a price this low for such good asset is just unfair. Anyway we have...

HubAlgo

Hello everyone In the past week we had almost 28% fall of the price which brought the market a lot of liquidity and insured a healthy market. I think we may see lower prices for NEARUSDT which can be the continuation of bear channel in 4 hours time frame ,but if we look at it with positively we may get an IOI (inside, outside, inside) pattern or a pinbar (set...

HubAlgo

hello everyone Yesterday's bar been closed with a lot of selling pressure and a shadow the same size of the bar on top, which is not a good sign for the market.if this price behavior continues we may have a bear flag formation right here (can be seen better on lower time frames). For DOTUSDT ,we have the resistance level of 17$ and support level of 16$ and...

HubAlgo

Hello everyone Since the 3ed of April we had some good falling momentum in the market for ATOM.But I have to consider the investors and holders feelings too. in the last 2 days we have seen the lowest price for ATOMUSDT in 2022. As you can see we had a support level on 20$ and it seems like we had a reaction from the market in this level, But does this mean a...

HubAlgo

Hello everyone As we have seen a red bar on almost all of the assets yesterday, the candle left a big scar on the market.A red bar with a big body might be the indication of a bear market continuation. We have a resistance level of 0.625$ and the support level of 0.58$.If our support level fails,our next support level is 0.5$. I believe it's most likely to...

HubAlgo

Hello everyone As most of the analysts were wrong ( including me of course)the candle from yesterday didn't create a successful reversal pattern and instead we may get to see either a bear flag pattern( on the good side) or we may face another red bar for tomorrow. For now, for ADAUSDT,we have the support levels of 0.82$ and 0.78$ and as for the resistance...

HubAlgo

Hello everyone As the bad sentimental news came out of wall street, we may see the outcome effect the cryptocurrencies and crypto assets too. We have seen the price having some reaction to the two supports that we have on AVAXUSDT, which are our weekly trend line and our 68$ support level.considering today's market behavior all over the world,we may see lower...

HubAlgo

Hello everyone On Alpine daily chart ,we don't have much of perspective or structure,but we have a well preserved daily trend line, so if we consider the last 4 bars on daily chart a last bear flag (see in 4 hours), and that combined withe the higher lows that we see in daily,from here of in the next 2 candle we may see reversal happening. For now,it's...

HubAlgo Updated 

Hello everyone Good title,right? On daily chart on DYDXUSDT, we have good amount of structure and context for a reversal. I know many people may say" that's a bear flag right there ", yes with a pinbar rejection and a weekly wedge and higher lows. That's why the price is more likely to touch the 4.55$ or the bottom trend line again ( because of the...

HubAlgo Updated 

Hello everyone The bear channel of DGBUSDT is turning into a wedge pattern ( tight one)that shows a possible reversal or a steady bull channel formation in the next few days. On 4 hours chart however,we can see a small bear flag pattern and a possible head and shoulders pattern, which shows, that market can touch the support level ( 0.0225$)and come back and...

HubAlgo Updated 

Hello everyone. The triangle formation on GBPUSD is broken and as predicted,the price have felled( lower than I Expected).Now, I believe the price will hit the support level of 1.275$ ,then we may have couple of days of range in the market( a final bear flag pattern maybe)and another fall to lower level by the end of the month. I mean we have the perspective,...

HubAlgo Updated 

EURO - Wedge to a bull trend hello everyone As I have mentioned before In my previous analysis, we have a wide divergence and we can have a reverse pattern by the end of the week ( double bottom ideally). I expect to see a good bull bar with almost no shadow on ether side on daily. The last week's candle closed with a long shadow and a small bear body that...

HubAlgo

Hello everyone Today on ETHUSDT, we have a candle with a long shadow which I expect to close above 2880$, and we have a 3 high , 3 push down pattern, that can function as a wedge or triangle, angled down.With that said we have a possibility of reversal IF we get a green bar with good bull body higher than 2930$ tomorrow. Our support levels are 2800$ and the...

HubAlgo

Hello everyone After a red bar with a long shadow on weekly on BNBUSDT, now we have started the new week with another red one.On daily chart, we can see a long shadow that touched the weekly trend line and came back, which is a good thing and with the today's candle we can expect a double bottom, which can turn into a High 2 on a trading range and a good buy...

HubAlgo

Hello everyone So far we have started the day with big red candle which could indicate the breakout of our support level of 39500 and enters the new channel, if we take our 25 daily bars as bear flag pattern we might see lower levels on BTCUSD.but remember we have the weekly trend line and the key support level of 38000$. All I can say is, lets hope that the...

HubAlgo

Hello everyone As I explained last time, there was possibility of lower prices here,and well we had a small bear flag on 4 hours .As for this week, we might have a small swing to the lower channel and a touch on 1920$ as the context implies we may face a steep bear market in the future, but for the structure on weekly, we have big bull flag and on daily If...