DOGECOIN is also looking nice here we have found support and now formed a new higher low and this nice inverted head and shoulders formation on the 4hr timeframe - will be looking to long with leverage if we see a confirmed break above this counter trendline.
Looks to be bottoming out here, forming a nice consolidation wedge , i will be going long IF we see a confirmed breakout above the trendline.
I am very bullish on CHR on the daily timeframe we can see market bounced of the descending trendline of this channel.... now we have broke above daily resistance and are retesting it as support - on the 1hr timeframe you can see market is consolidating in this wedge formation currently testing the support i am going long here nice scalp position.
ETC so far playing out perfectly we caught the bounce from $40 on SPOT and are now already up over 100% on our investment.... from a technical perspective we can aslo see on the daily timeframe market broke above a strong level of daily resistance and also broke above this corrective down trendline.... price is currently retesting the area of previous daily...
We saw a nice daily close yesterday from btc but we still failed to break above this key level of daily resistance.... currently we can clearly see a range bound market trapped between this S/R until the market remains in this range we cant be looking for an opportunity.... however if it breaks and closes above this resistance we will then have a nice impulse on...
USOIL is looking very bullish - nice consolidation at the top of this range forming a big ascending triangle formation.... going to long the confirmed breakout
DOT has formed this nice inverted head and shoulders on 4hr timeframe - wait for the confirmed break above the neckline.
HBAR is consolidating in the form of this big symmetrical triangle on the 4hr timeframe, keep your eyes out for the breakout above the trendline resistance
Algo closed yesterdays daily candle above daily resistance, we can also see on the 4hr timeframe new bullish price action we have broke above this counter trendline and formed the right shoulder of this nice inverted head and shoulders formation, we are currently retesting previous resistance as new support and we can expect to see the contination to the upside to follow.
SILVER is looking very bullish market has provided us with a nice impulse which has been followed by a correction to the 0.50 fibonacci, during this correction what we can see on lower timeframes everything is currenty still bearish we have this counter trendline and market is below 1hr resistance, however if we see a close above this confluence of resistance on...
WAVES is now over sold and over extended to the downside, i do expect to see a pullback, on the 1hr timeframe what we can see is the market has broke above the 1hr downtrend but we are still below this area of horizontal resistance, however if we see a close above this zone then we will have new bullish 1hr price action and i will be looking to take a long on the...
ETH we can clearly see the 4hr bearish trend, however market is oversold now and i do expect to see a bounce. What we can also see here on the 4hr timeframe the market is currently testing this confluence of resistance we have this previous support as new resistance and this bearish trendline. IF we see a new 4hr higher high so a 4hr close above this zone we will...
MULTI- TIMEFRAME ANALYSIS ON BTCUSDT
TOP down analysis on Ethereum classic.
LTCUSDT since the recent bearish impulse, price has made a correction to retest the previous trendline support as new resistance, this zone also lines up nicely with the 0.50 fib... i am expecting the continuation to the downside to follow, if we drop to 1hr timeframe we can see a double top has formed and a lower low below the neckline.
On DOGEUSDT what we can see on the daily timeframe is the market has formed this M formation, after a M formation you can expect the market to complete the pattern at the neckline, currently on 1hr timeframe we are waiting for a change on environment and a 1hr close back above this level of resistance before possibly looking to capitalise on this intraday long...