Though ETH is in a long-term cup and handle pattern that is likely to take us to 5k within the next couple of weeks, short-term, ETH is completing a double-top formation that is likely to bring us down into the 3k buy zone. If this pattern plays out, it is likely to do so in the next week or so and may be our last chance at an entry below 5k for this bull cycle.
ETH has formed a perfect cup and handle pattern on the weekly. Though it is likely in for some consolidation, this pattern indicates a move to 5k over the next few weeks.
ETH is fighting to break free from its current resistance zone. Keep an eye out for a break above 3460 on the daily.
ETH is fighting to break free from its current resistance zone. Keep an eye out for a break above 3460 on the daily.
OCEAN has often followed ORCA’s moves. OCEAN just broke a major resistance zone and had a $0.10 gap before hitting the next. If history rhymes, then OCEAN may be ready to PUMP!
OCEAN just broke major resistance and has a $0.10 gap before the next resistance zone. If it follows ORCA, like it has done in the past, then this token could be ready to run.
The giant bull pendant on the VELO chart represents the bullish trend in the price of the VELO, typically indicating strong buying pressure and positive market sentiment, suggesting that the price of VELO is likely to continue rising in the near term.
The giant bull pendant on the VELO chart represents the bullish trend in the price of the VELO, typically indicating strong buying pressure and positive market sentiment, suggesting that the price of VELO is likely to continue rising in the near term.
Today, VELO flipped it’s former resistance zone to support. Here's a quick analysis of the recent price movement in the VELO token: The VELO token has recently experienced a significant shift in its price trend, with the resistance level flipping to support. This indicates a bullish reversal, as the token has managed to break through a previously strong...
Today, VELO flipped it’s former resistance zone to support. Here's a quick analysis of the recent price movement in the VELO token: The VELO token has recently experienced a significant shift in its price trend, with the resistance level flipping to support. This indicates a bullish reversal, as the token has managed to break through a previously strong...
The double bottom playing out in natural gas is a classic bullish reversal pattern. This pattern typically signals a shift from a downtrend to an uptrend, characterized by two distinct lows at approximately the same level, separated by a peak (the "W" shape). Here's an in-depth analysis of the recent move and potential future trends for natural gas: Recent...
Given today’s Marco market environment and VELO’s recent failure to take the .5 Fib level, we may be in for a significant pullback. Consider taking profit today and reinvest after VELO returns to our support zone between .081 and .074.
The Russell 2000 has been fighting to get through the POC, but with both the Stochastic RSI and CMF resetting a major move is possible. If the Russell can break through the selling pressure between 2220 and 2250, then we could see significant upside over the following weeks.
VELOUSD just re-entered a major buy zone in its volume profile after handily bouncing off significant support. This level has shown impressive trading activity from buyers in the past and may again generate strong interest in the token. This can be a bullish signal, suggesting that the price could continue to rise as buyers step in to take advantage of the...
### Velodrome Finance (VELOUSD) Price Analysis **Current Situation**: Velodrome Finance (VELOUSD) is currently trading around $0.089. This price level is within a significant support zone, which has historically provided a strong foundation for potential upward movements. **Technical Indicators**: 1. **Support and Resistance**: The current support level is...
### Current Long-Term BTC Uptrend Analysis Bitcoin (BTC) has been in a long-term uptrend, characterized by higher highs and higher lows since early 2024. This trend is supported by several key technical indicators: 1. **Moving Averages**: The 40-week moving average is sloping upwards, indicating a sustained bullish trend. 2. **Support Levels**: BTC has...
The double-bottom pattern in natural gas is a classic bullish reversal pattern, indicating a potential shift from a downtrend to an uptrend. This pattern forms when the price hits a low, rebounds, drops back to a similar low, and then rises again. The key elements to watch are the two distinct lows (forming the "W" shape) and the breakout above the neckline, which...
Key Support Zone Analysis for VELO 1. Historical Price Levels: Support zones are often identified by looking at historical price levels where the asset has previously found buying interest. VELO has previously bounced back from the $0.087 to $0.078 range, this could be a significant support zone. 2. Volume Analysis: High trading volume at these levels in the...