HubAlgo

HubAlgo

Hello everyone On the daily chart of SHIBUSDT, we can see a very straight(odd) bull flag pattern ,we also have a wedge pattern on weekly chart that shows a lot,and on daily we can see long shadows on the last 3 candles and the middle one is a Doji. With the indication of the things I just explained, we can have a rise close to the trend line and with the hope...

HubAlgo

Hello everyone In past couple of days, in FTMUSDT ,the price been in a range between support level of 1.08$ and resistance level of 1.20$, which shows a bear flag structure but in my opinion with a less likelihood of going lower; because we have a wedge formation on weekly time frame( what you see on higher time frame IS more reliable). With that been said,I...

HubAlgo

Hello everyone On daily chart on MANAUSDT we can see a bear flag pattern appeared and we have good amount of shadow on our last couple of candles, So I believe it is safe to say there is a possibility of a bear market here,but where is the next support level ?? We also can see a divergence happening on daily chart. All I can say here is that I hope the...

HubAlgo

Hello everyone In the past couple of days we have seen some good momentum in the market , but sadly we can see divergence in 4 hours chart (green candle peaks on 20 Apr & 22 Apr),And we have a big shadow on the daily candle so far, Plus we had a half hearted rejection on our weekly trend line(The big red one).Consider this too, market been making higher lows...

HubAlgo Updated 

Hello everyone We have seen too many red candles in the past month on the daily chart of GBPUSD .Now for the continuation of price ;We have a place for the argue of the existing divergence in the market and RSI ,but remember ,the existing pattern is a triangle and the price kept making lower high's in the past month or so. In my opinion the continuation of...

HubAlgo

hello everyone In the past month we had the BNBUSDT covering a lot of the chart, we had a bull market (Mar 15-Mar 30), then a reversal pattern with the indication of divergence on RSI(Mar 30- Apr 04),then we had a hanging man candle to tell us the obvious downtrend happening on April 05.But anyway, Now we have a possibility of a bull flag on daily chart. As we...

HubAlgo

hello everyone Bear flag of the may continues with a red candle on April, but we have divergence both on weekly and daily, With the price this close to support level of 1.078$ we have a better chance of having a wedge behavior here( weak trend lines may not be in the favor wedge pattern). resistance level 1.09$

HubAlgo

hello everyone Today's performance of gold left a red candle on the weekly chart on the second day, this might look bad on the daily chart ,but the last 5 candles on the weekly chart creating a bull flag pattern. on the daily chart we have a good looking hanging man from yesterday and the red marubozu candle brought chaos to the market.So I expect lower prices...

HubAlgo

Hello everyone In today's charts we had brakeouts on almost all of the crypto assets(NFT's not included).As for ETHUSDT we have a breakout of the resistance level 3050$ which is not a key level YET. We have started the week with a green candle yesterday,So lets hope for the best( everything in this market is 60%-40%). Considering the last 3 candles on the...

HubAlgo Updated 

Hello everyone As we see on the chart on daily timeframe BTCUSDT in between two levels of 41200$ and 39500$ (we had a bear spike in 4 hours time frame yesterday). ✔️If we consider this trading range the end of a wedge pattern in a clean breakout of the 41200 level we may see a retest of this level and have the price reach the next level 44000$. ❌ On the other...

HubAlgo

hello everyone ALGOUSDT may have a breakout to the upper channel in 4 hours timeframe; I Hate to repeat myself over and over in every analysis,but volume,trend lines and bitcoins leaving the brokers,show a possible breakout and an uptrend(possibility of breakouts are 40% and possibility of reversals are 20%). If we breakout of this level of resistance,our...

HubAlgo

hello everyone We can see the accumulation in this market for almost all of the cryptocurrencies, and for most of the day trading strategies. this accumulation tightened the market spring and a breakout is Inevitable. We have symmetrical triangle form as the two trend lines touching,and we have the same pattern in our RSI too. Due to the spikes in volume...

HubAlgo

Hello everyone In The past 4 days we have been experiencing a trending range with a possibility of bull channel in ETHUSDT. But In the next couple of candles ,I expect a breakouts for Ethereum (personal opinion, not a financial advice). In 4 hours chart we can see an accumulation of price in the channel of 2950$ and 3050$. Also, We have a long term trend line...

HubAlgo

Hello everyone In the past 4 days we have been experiencing some frustrating trading range in 4 hours chart for ADAUSDT ,But in lower time frames we can see some good scalping opportunities.After the bear market in the past week this trading range might actually be a good thing (some liquidity is good for a healthy market). In 4 Hours time frame we have the...

HubAlgo

Hello everyone In 4 hours chart on AVAXUSDT ,We have a good support level on 72.50$ ,plus a weekly trend line which been tested several times and held up pretty good,and we have a support level on 76.50$,which is being tested again as i'm writing this. For now, because we are still in a bear channel (my opinion not financial suggestion),what i'm doing is to...

HubAlgo

Hello everyone As we witnessed, the support level of 41200$ didn't make it and and turned into our resistance level and we had a bearish spike under 40000$ support level , volume held the price pretty well and considering that the 38000$ level is a nifty one,and the candles in higher time frames ( weekly & monthly) show a bright future for the holders. But in...

HubAlgo

hello everyone Last week candle was a big red one for almost 80% of cryptocurrencies, and for the last couple of days we saw the same behavior until 12th of Apr. Since then we have been moving in a channel in between resistance level of 18.30$ & support level of 17$( it was mostly the trend line). For now we have divergence in RSI in 4 hours ,so the price...

HubAlgo

hello everyone In the past 3 days IOTAUSDT created a bull channel in 4h and considering the accumulation in this level and the possibility of bear market in higher time frames and the spikes in the volume in the past couple of days ,there is 20% chance to see a breakout. for now, let's don't get excited and flow with the trend of the market. resistance level...