Bitcoin continues to trade within the broadening wedge pattern, maintaining a bullish outlook as the market eyes key levels. The immediate challenge lies at the $99,600 zone, which serves as a critical resistance. A breakout above this level would signal a continuation of the uptrend and pave the way for higher targets. The plan remains to re-accumulate within...
BNBUSDT is currently exhibiting a descending triangle formation on the chart, characterized by a horizontal support line and a downward-sloping resistance line. Within this descending triangle, there appears to be a bear flag pattern forming, which suggests a continuation of the prior downtrend after a brief consolidation period. The bear flag's target is...
Hbarusdt is showing potential leading diagonal waves after reaching a strong demand zone. Accumulation is recommended from this key area, with targets and stop loss levels outlined on the chart. Share your thoughts on this analysis with us.
XORUSDT's downtrend persists, with wave counts indicating the completion of four legs and a potential final leg to form wave 5. Accumulation will only be considered if this projected wave occurs. If not, I'll wait for the immediate internal resistance level to break and then look for a pullback to initiate a long position.
Linkusdt has completed a potential corrective wave after failing to break the intermediate supply zone. The correction followed an ABC pattern and is now complete, setting the stage for a major rally to initiate wave 3, which is typically the longest wave. The intermediate supply zone is both the immediate profit target and a key area to monitor. Share your...
The XRP weekly chart presents a compelling opportunity, displaying a potential ascending setup. Price action has consistently respected the bottom trendline, leading to substantial rallies. The immediate focus lies on the demand area for coin accumulation, while maintaining a stop loss below the trendline. Presently, attention is directed toward testing the...
C98USDT has been in a prolonged downtrend since achieving its ATH at $6.445. Current price action suggests the possibility of a bottom formation within a developing expanding triangle, a structure that historically leans bullish upon breakout. The strategy involves accumulating within the defined zone while considering external demand zones as potential areas of...
OGN is presenting a potential double-bottom pattern, a classic bullish reversal setup. The plan is to accumulate within the identified buyback zone while closely monitoring price action near the setup's neckline. Confirmation of the pattern will occur upon a decisive breakout above the neckline, signaling potential continuation toward the projected target of...
MBOX is currently forming a descending broadening wedge, a pattern typically associated with the conclusion of a downtrend. The strategic plan involves accumulating the coin near the defined buyback area, as there are indications that the bottom may already be in place. This setup anticipates a breakout from the wedge, targeting the larger projection of the...
SYNTUSDT is exhibiting a clear descending channel pattern, hinting at a likely breakout scenario. The chart highlights a favorable buy zone for accumulation and outlines a potential buy-back area if the price retraces, providing another opportunity. Both immediate and final targets are mapped out, emphasizing a strategy of accumulating within the specified range...
Hi guys, Here’s my updated Bitcoin analysis, offering two potential scenarios: Plan A and a follow-up Plan B for a breakdown below key support level. Plan A focuses on the potential development of an ascending broadening wedge targeting the 107k–109k zone. This scenario hinges on Bitcoin maintaining price levels above the critical 86k support. It’s important to...
SOLBTC continues to exhibit bullish momentum, consolidating within a pennant structure, indicative of a potential wave 4 corrective phase in the current Elliott wave cycle. This continuation pattern provides a strategic framework for positioning, with the anticipated breakout signaling the initiation of wave 5, targeting the final impulse leg. The designated...
AIUSDT has ended its downtrend with a breakout above the downtrend line, initiating a fresh impulsive wave. The immediate buyback zone offers a strong re-accumulation opportunity, while the landing zone serves as the next profit target. For the bullish outlook to remain intact, the internal demand zone must hold as a key support level.
SUSHI has completed a five-wave downward movement and appears to be starting a potential extended upside correction, possibly forming a WXY pattern. The external demand zone is a crucial support level that must hold for this projection to materialize. The chart showcase the projected moving patterns.
Price forming Bullish flag. We expect price to continue decline towards our given buy zone. Immediate target will be the Major resistance Level, because we expect massive pull back from this zone for potential wave 4 correction.
GOLD exhibiting CUP and Handle formation, the target for this setup is provided and the buy back zone is provided.
Hello everyone, We’re excited to announce that the ALTCOIN ANALYSIS REQUESTS for December 2024 are officially open! Submission Deadline: December 1st, 2024. To maintain precision and efficiency in our analysis, we ask each member to submit only one (1) Altcoin request. Guidelines for Submissions: Use proper formats like ETHBTC, ETHUSDT, or ETHUSD. ...
USDT.D is forming a prominent bearish pattern, the Inverted Cup and Handle, which has been confirmed and is now awaiting a decisive price movement through the neckline of the cup. Current expectations suggest an initial rejection upon the first test of the neckline, followed by a retracement to the highlighted area on the chart before a major breakout occurs....