In the one-hour chart, after the ETH price came to the resistance range of 1300.00~1315.00, there were two high points, and it showed lower high pattern. - Taking 1255.70 and 1311.76 as the Fibonacci sequence 1 and 0, it can be seen that the support prices of 1234.29 (1.382) and 1221.05 (1.618) almost overlap with the support prices of the large cycle(1 day)....
After BTC fell below the bear flag in August, it took nearly three months to consolidate before falling below the previous low of 17580.00. - After falling below the low point, it did not immediately come to the support zone, but instead appeared a consolidation pattern. - Recently, after BTC fell below the key price, it will consolidate for a period of time, and...
After XRP fell below the large convergence triangle, the price came to the lower support of 0.3309 (1.618). This price range is also the POC of the front bottom pattern. - XRP has an ascending triangle in the support range and breaks through the high point of 0.4023. It has a chance to rise, and the target price is 0.4877. Focus on the upper resistance: 0.4540 0.4712 -
After ETH fell below the reversal cup handle pattern, the price reached the support of 1080.00 again, which is also a target of the reversal cup handle pattern. - ETH has tested the resistance price of 1220.00 many times in the previous consolidation range and has not broken through. - Now it has come to this price again. If it breaks through and closes above...
SOL has a descending triangle (or reversal cup handle). With the low point of 12.20 and the high point of 19.44, it can be seen that the price fell back to the low point of 12.20 after stepping back to 14.97 (0.618). - Empty order strategy: Entry price: around 12.20. Stop loss price: 15.00. Take profit price: 9.43, 8.58, 7.73, 4.96. 4.96 is the target price of the...
After ETH fell below the trend line, it went through a period of box shocks and tested the resistance price of 1220.00 many times, but failed to break out. After falling below the box and the low point of trend line(1169.40) yesterday, the inverted cup handle was established. - The current price is in the support range of 1.272~1.382 (1120.92~1101.32). ETH has a...
ETH stepped back on the trend line (near 1265.51), which is also the resistance of 0.618. For the first time, a long upper shadow appeared, indicating that there was selling pressure, and for the second time, a bearish engulfing pattern appeared. The high left and low right top is a typical double top. - If the price falls below 1208.10, the double top will be...
After BTC broke H&S, it came to the support level of 16004.86 and rose to the neckline of 16820.62. - In the past, the price has been consolidating near the neckline for nearly two days, which means that it has a certain role of support and resistance. When the price breaks through the right shoulder of 17509.47, the H&S is considered invalid. - 17509.47 is near...
Comparing the current trend of BTC with the trend after the high point in 2018, it can be found that after the high point appeared, a round of decline began, followed by a consolidation range that stepped back to the bottom for many times, and finally the price quickly fell below to form a real bottom. In addition to this, it can also be seen that the 2018...
Due to the FTX incident, the market panic fell. At the same time, ETH was also under pressure from the trend line and returned to the main support below 1220 and broke it. - At present, ETH is rebounding around 1080.00, and it may rise to the trend line or around 1220 and continue to fall. - Pay attention to the yellow range support and the previous low 879.80 -
The chart is displayed on a weekly logarithmic scale. - FTT fell below the H&S in May this year. With 31.266 and 84.746 as lows and highs, the price stepped back to 51.695 (0.618) and then fell below the neckline of 31.266. After that, FTT tested 22.000 many times without falling below. - After the problem with CZ, the support at 22.000 was broken and the lowest...
SOL had a pin bar at 26.84, showing a reversal pattern. And the price came to 37.01 (0.618 resistance) again. In the chart, we can see that SOL has an engulfing pattern at the same resistance level. The price is now back to the support trend line. - If SOL falls below 29.99~30.24, there will be a chance to come to the support price below: 25.86 23.00~25.00 18.63 11.61 -
ATOM formed double top near 17.06, the lowest price came to 11.81 (1.382), and then rose back above the trend line. The circle marked in the figure is a small bear flag formed near the trend line, and then ATOM fell below the trend line again, the price came to 10.91 (1.618), and ATOM appeared a double bottom here. - The current price is back to the trend line...
FIL broke the downtrend line and the previous high of 5.903, and the lightning flashed that FIL stepped back to 5.122 (0.382) support twice. - Main target price: 6.350~6.385(1.382) 6.684 6.985 7.166 Long orders of FIL contracts can take profit at the target price, and the stop loss price can be set at 5.122 (0.382); the stop loss price with a higher R/R ratio can...
After BTC tested EMA200 several times at the end of October, it started a rise at 19262.08, and the highest reached 21080.00. - BTC has tested EMA200 (lightning mark) many times, and this price is also 0.618 support. - After the Fed announced the rate hike, the price fell below EMA200 and is currently near the EMA200 and 0.618 resistance. - There is also target...
As you can see in the chart, ETH has a bull flag pattern. - The short-term price target is 1664.29 and the downtrend line from the high of 4867.81. - Bull flag pattern entry strategy: Take Profit Price: 1734.91 1778.55 1849.17 Stop loss price: 1550.03 -
BNB broke the box high at 300, but is currently encountering resistance at 307.5. - Strategies for breaking out of the box: You can enter the market after breaking through 300.0, or wait to enter the market after breaking through 307.5. Take Profit Price: 316.5 326.8 336.8 343.3 Stop loss price: Box bottom point 256.7 Higher R/R ratio: 275.0 - If it successfully...
Four hour chart: BTC breaks out the box high of 20479.43, and the upper target prices are 21376.53, 21653.65, 21930.76 and 22800.00. - Strategies for breaking out of the box: (1) The stop loss price is set at the low point of the box at 18131.00, and the take profit price is set at the target price mentioned above. (2) If you want a higher R/R ratio, the stop loss...