CRYPTO:KASUSD has been experiencing steady declines after failing to sustain higher levels over the past few months. It recently broke a critical major support trendline, signaling the potential for further downside. This breakdown occurred after several attempts to push higher were rejected, especially around the $0.20 range, which had acted as strong...
We’ve just witnessed a classic breakout from a falling wedge pattern on BINANCE:DOGSUSDT . After an extended downtrend, marked by lower highs (LH) and lower lows (LL), the asset broke through the wedge resistance, signaling a potential bullish reversal. This pattern, known for its bullish nature, often indicates an upcoming shift in momentum from sellers to...
Since the last analysis, Bitcoin has respected the Crucial Support Zones and is now approaching a pivotal point at the Descending Resistance trendline. We’ve seen a bounce off the support zones, particularly the 1W BISI, which has held firm, and the next move will be decisive as BTC approaches the U.S. Election timeline in early November. Key Developments: ...
We’ve identified a compelling trade setup on BINANCE:SUIUSDT , showing potential for bullish continuation. After establishing a solid order block around 0.7700, price action suggests an upcoming retest of this zone, which could be followed by a strong upward move. Key Levels & Strategy: Entry Point: The recommended entry lies around 0.7700, a critical...
BINANCE:SOLUSDT is currently approaching a key descending trendline after testing a significant supply zone (in red). The price is consolidating near this level, and we are now waiting for a potential breakout above the trendline for confirmation of further upside. Suggested Entries and Targets: Entry Zone: $162.45, watching closely for a breakout above the...
BINANCE:FTMUSDT has recently broken through its Major Resistance Trendline and successfully consolidated above this level, signaling a potential trend reversal and the beginning of a displacement towards buy-side liquidity sitting just above the current structure. We’ve observed a clean breakout from the downtrend, which now positions FTM in a bullish scenario....
Bitcoin is entering a decisive phase this September, with a Descending Broadening Wedge pattern forming on both the weekly and daily charts. This pattern typically signals potential volatility, and we are now approaching the descending support trendline, which also aligns with the wick from the sharp price dump on August 5th. This region, around 48K, is likely to...