phyrix

phyrix

RONUSDT Spot Price is currently accumulating on the "C" Leg of the abcd pattern that acts as support which is also a previous resistance prior to making ATH. Retracement of AB*78.6 with projected target of BC*161.8 around $6.5.

phyrix Updated 

WAVES 1D Price is now in the area of the trendline resistance where multiple rejections have already happen in the past. A rejection might send price to the $1.41 again & make a new all time low or a breakout might lead to a high as $5.

phyrix Updated 

GAS 2H A potential bullish butterfly is forming with price currently on the way to "D" Leg. It is now in a key area where price consolidates for about 4days before the massive upwards rally. A break below this will send the price to $9 zone, inline with our initial prz of BC*161.8 at $9.978. This area is also a previous resistance, BMS and flip support where price...

phyrix

Broadening Wedge > Fibonacci > Harmonic Explanations included in the chart. Open for suggestions and discussions.

phyrix

OP breaksout from minir trendline resistance and possibly on its way to major trendline resistance that might complete the bearish gartley pattern. PRZ for XA*78.6 and 127.2/161.8*BC legs are provided. Monitor price movements on this area and also be aware of possible wick grabbing on the top.