SanchezAxline

SanchezAxline

BINANCE:THETAUSDT on Weekly chart has completed a Falling Wedge pattern that began forming up in August 2022. This pattern is usually viewed as a bullish signal, it suggests an upward trajectory with a potential price target of $1.70. The price has found resistance at the year-long EMA It's important to recognize, however, that while this pattern is a strong...

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BINANCEUS:TRXUSDT on the Binance US exchange has found support at $0.063. The 4H chart shows how Pivots High Low can help identify support and resistance, and price direction changes. The Low Pivot on this chart shows a local bottom and happened on an exhaustion candle with very low volume. Low volume on a downtrend could indicate a change in trend...

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BINANCEUS:LTCUSD seems to have formed a Head and Shoulder pattern on the 4H chart. The price target of the H&S pattern is shown on the red rectangle . A close above $59.28 will invalidate the pattern.

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MOEX:BR1! Brent Oil Futures has been in a trading range since March of 2022 on the daily chart forming a rectangle pattern. The support is found at $96.00 and the resistance at $124.00. A close above $127.00 will confirm the pattern's breakout, with a target price of $152.00. A close below $90.20 will confirm the pattern's breakout, with a price target of...

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NYSE:SHOP The price has formed a Rectangle pattern and has been in a trading range since May 2022. A close above $41.85 will confirm the pattern's breakout, with a target price of $51. 40 . A close below $28.90 will confirm the pattern's breakout, with a price target of $21.75. Note that not every price target is met. $SHOP remains in a downtrend. A close above...

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Bitcoin Technical Chart Analysis using patterns, pivots , and Support and Resistance levels. Bitcoin remains in a downtrend. $BTCUSD - Looking at the Bitcoin chart on the weekly timeframe on the BITFINEX exchange, we can see that $BTC completed a multi-long rectangle pattern. The rectangle pattern began forming in April of 2021, finding resistance around $65K,...

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BINANCEUS:KNCUSD Price seems to have formed a Head and Shoulder pattern on the 4H chart. The price target of the H&S pattern is shown on the red rectangle. A close above $1.50 will invalidate the pattern.

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BINANCEUS:ZILUSD seems to have formed a Head and Shoulder pattern on the 4H chart. The price target of the H&S pattern is shown on the red rectangle. A close above $0.0428 will invalidate the pattern.

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4H chart, looking for a price below $0.04. Indicators look bearish. I Won't enter a position until I get a buy signal BINANCE:ZILUSDT

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$THETA is at key resistance level on the 4H chart. A breakout to the upside could lead to a new resistance level around $1.34. If price gets rejected at resistance, most likely will see a retracement back below the $1.19 level

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$BTC is at key resistance on the daily chart. The price has been forming an Ascending Triangle pattern. An ascending triangle pattern is usually considered a continuation pattern, but it can breakout on either direction. It is wise to wait for the direction of the breakout to enter a position. The price target of the triangle to the upside is around $25,800...

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$TFUEL Descending Triangle price target of $0.0631 met in the 4H chart. We can also observe the exit position triggered.

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$KTRA price is holding on strong support. Waiting to see for a bounce

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$BTC has been down-trending since April 2021. It is forming a Symmetrical Triangle pattern with the long-term trend diagonal support line. 18 MA is about to cross down 50 MA, and the price is above 200 MA, indicating that lower prices can still be seen. It is important that price doesn't break the support area around $36K-$38K. We could also be witnessing a very...

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$PBE Ascending Triangle has been forming since April 2021. Waiting to see for a bounce on the diagonal support line. A daily close above $80.70 will trigger a long signal. Price target of $89.60. Price got rejected at 18 MA, and gapped down at today's open, finding support at the diagonal line. This gap down on price is not a surprise, since most of the markets...

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HUOBI:NEXOBTC Cup & Handle or Inv. Head & Shoulders? Who knows, it's crypto but looks promising, plus I believe Nexo is a great project. Since June of 2019 Nexo token has found resistance at the boundary line of 0.00001250 BTC. There could be a mid-term price target of .00001890 BTC. Looks interesting, right? Time will tell. This is not financial advice, crypto...

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NYSE:RLGY Notice Inverse Head and Shoulders pattern. 18 EMA attempting to cross above 50 EMA. Price just broke resistance at $6.48. Target of $11.19. This is not financial advice. Trade safely.

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BNC:BLX Can we see a 5000% increase in Bitcoin's price between the second and third halving? We saw an increase of over 5000% between the first halving and second halving. Will history repeat again in May of 2020 when the third halving occurs? If this happens we will see a price around $35,000 per Bitcoin. NOTE: this is not financial advice.