THESOUMYOROY

THESOUMYOROY

#THETA has been trading below the $8 mark since October 2021 and dropped to $0.553, post that buyers tried to push the price higher but faced strong resistance at $3.771 from the trendline resistance. Thereafter the price continued the dump before getting support near $0.950. Currently, #THETA is trading at $1.336 and the price action can face a very stiff...

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#CAKE has continued its Bearish mood since the beginning of April 2024, buyers tried to push the price of #CAKEUSDT higher a couple of times, however, it looks like sellers are determined to offload! If the Buyers can't break up above the resistance, which puts selling pressure on the top of the price, then we will see #CAKEUSDT continue its journey to $1.200....

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#ORDI has been trading below its Resistance Zone of $32 for some time now, and the latest price development has pushed it further down to $29.84, below the 200 M.A. Considering the current scenario the price is expected to continue its Bearish move, most likely to test its previous swing low of around $25. Hit 🚀 if you guys like my simple-to-understand...

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BITCOIN PRICE ACTION IN CONFUSION Currently trading at $58,594. For the past two weeks, #BITCOIN 🥇 has not shown any improvement! For the week of 12th - 18th of August, the OG closed in the mid zone, neither gave us a confirmed BREAKDOWN of the SUPPORT nor gave us a BREAKOUT of the RESISTANCE. Daily candle of #BITCOIN 🥇 price shows a 0.71% upward move at the...

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#MANTA has formed a DESCENDING TRIANGLE PATTERN which is often considered as a BREAKDOWN PATTERN. However, the price got SUPPORT from the historical SUPPORT ZONE at $1.4 - $1.5 and it may try to move UP & break the UPPER TREND LINE RESISTANCE! Until then let's WAIT & WATCH Hit 🚀 if you guys want more Crypto Pairs analysis. #MANTA #analysis #crypto...

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The TVC:DXY (DOLLAR INDEX) on the 28th of May is dangerously close to testing an important Support Level at $103.7. TVC:DXY will also test 200 days EMA at $103.8. Any upside move will have to face 50 days & 100 days EMA as they are putting some resistance pressure on the price, further UP is the $104.7 level which looks very heavy on the price. Looks more...

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🚨IMPORTANT PRICE UPDATE ✅ #DYMUSDT T:F - 1H #DYMUSDT currently trading at $3.540 and a BULLISH PENNANT PATTERN has been spotted. A BULLISH PENNANT is a bullish continuation pattern that signals the extension of the UPTREND. NFA DYOR(Do Your Own Research) Hit 🚀 if you guys want more Crypto PATTERN updates ! #DYMUSDT #crypto #Patterns #thesoumyoroyanalysis

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#SUIUSDT T:F - 1 D We can see a DESCENDING TRIANGLE formation on #SUIUSDT, which generally indicates break to the DOWNSIDE. DYOR(Do Your Own Research) #SUIUSDT #crypto #Patterns #thesoumyoroy Hit 🚀 if you guys like my No Complex Analysis

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#MANTAUSDT trading at $ 3.39 is trying to break up above the Symmetrical Triangle. Just waiting for th daily close, post that will share an update again! DYOR (Do Your Own Research) Hit 🚀 if you guys like it. #manta #updates #thesoumyoroyanalysis

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#NEARUSDT is going through a sideways move trading at $3.88 #NEAR has successfully broken above the downward Trend Link at $3.244 on February 12th and since then has re-tasted the trend link SUPPORT zone at $3.143 and has shown us formation on new Higher Lows. Advancing the pair might face a minor Resistance at $4.343 where some short-of-profit booking is...

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BINANCE:STXUSDT 4H #STX seem to have got the SUPPORT right! Post the 13th Feb. break up above the price range of $2.0472 the layer 2 blockchain that introduces smart contracts and decentralized applications to Bitcoin showed us a very impressive rally! It is currently trading at $2.6 sitting just above a SUPPORT ZONE with a ROUNDING BOTTOM PATTERN eyes...

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#LITECOIN once again got some SUPPORT from the historical SUPPORT zone around $56 - $61. Since August 2023 #LITECOIN took multiple SUPPORT and POST 140 days of price action a SYMMETRICAL TRIANGLE formation is seen with multiple new HIGHER LOW formations each time giving enough SUPPORT and possibly pushing the price to break out above the SYMMETRICAL...

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A symmetrical Triangle formation is seen on #MATIC and an immediate SUPPORT around $0.75 - $0.81 and also a RESISTANCE above $0.9. It looks very interesting, post early January fall of -30% #MATICUSDT has regained around 32.41% and is currently trading at $0.8875. In any case, the resistance at $0.9 has to be broken above to show more gains for #MATIC and the...

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BINANCE:AVAXUSDT 1D #AVAX posts denial to fall yesterday the current level is $41.35. #AVAX recently broke UP above the month-long downward corrective price channel wherein the price fell to (-43.34%). However, it has already managed to recover more than half of what it lost UP by (26.91%) and the recovery may continue till the price hits $48. Nevertheless,...

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BINANCE:OPUSDT 1D #OP(OPTIMISM) is currently trading at 3.731 and undergoing corrective moves on the daily timeframe. Nothing new for #OP! The price range of $3.570 to $3.972 has always acted as a strong zone of RESISTANCE for #OPUSDT. Since December 2023 the price has tried multiple times to break above $4 so far has failed to do so. However, things might...

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#BNB(Binance Coin) on a 4-hour timeframe shows clear evidence of a BULLISH DIVERGENCE pattern. #BNB has reached the price of $338 in December 2023, since the local top price has seen multiple LH (Lower High). However, on the other side, the RSI is showing just the opposite and is forming new HL( Higher Lows) considering this and also looking at the support #BNB...

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#LINKCHAIN (LINK) has successfully broken above the consolidation zone after being trapped there for long. The pair is currently on a very BULLISH move , and is approching a RESISTANCE zone at $22 - $24. Nothing much to do now, probable entry opportunities will appear once the RESISTANCE is broken or in case of further CORRECTION. Hit 🚀 if you like it.

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#Cardano on the daily t.f could break above the falling wedge patter at any time. The pair after taking SUPPORT @0.4478 has seen almost 20% price PUMP, once #ADA breaks above the pattern we could see some further pump towards $0.5 & $0.6. Hit 🚀 if you guys want more Crypto Pairs analysis.