Velodrome has experienced a sharp decline since listing on Binance, but now experiencing an accumulation towards a highly bullish direction. Intersection of trend lines with the red line may indicate a short term Short position, while intersection with the green lines from a bullish trend indicate further upward movement. It may stall around the 0.255 area with...
An expected drop from ATH for VELODROME after Binance listing was highly expected. While some claim it may drop further, the TA shows too many bullish pointers that should push the price at least till 0.28, with a possible retest in the 0.25-0.26 area. I will personally make a risk and go long. If the price drops below the 0.225 area without a significant bounce...
A potential head and shoulders pattern is forming on the ETH/USDT chart, sparking concerns of a bearish reversal. This classic technical analysis signal often indicates a shift from an uptrend to a downtrend. Traders are closely monitoring key support and resistance levels to confirm whether this pattern plays out, potentially signaling a sell-off in Ethereum's...
ADA/USDT Probable Scenario: Potential 25% Downtrend to $0.75 Cardano (ADA) may face a bearish scenario, with technical indicators suggesting a possible 25% drop in its USDT trading pair. Market conditions and resistance at key levels could push the price down to the $0.75 support zone, presenting a critical moment for ADA traders and investors. Stop Loss at 0.95$...