BINANCE:BTCUSDT.P is breaking a key trendline with more then 3 touches, signaling a potential strong move! The price is also trading above the 200 MA, adding bullish confirmation. 💡 What to watch for: ✅ Wait for the trendline to flip into support on the 4H or 1H timeframe before entering. ✅ Be cautious—big players can trigger quick reversals! ✅ ETF markets...
OKX:XRPUSDT.P has been trading inside a parallel channel for 66 days since January 16, 2025. Now, the price is breaking out to the upside! 💡 The key strategy here is waiting for a retest if the price successfully flips the channel into support, it could be the perfect entry for a strong upward move. 📈 Potential upside? 40%+ if the breakout holds and momentum...
Took previous day's low, and closed bearish. Looking to take previous day's low again. Previous Day High at: 0.16978 Previous Day Low at: 0.16656
Took previous day's low, and closed bearish. Looking to take previous day's low again. Previous Day High at: 0.17156 Previous Day Low at: 0.16464 OKX:DOGEUSDT.P
OKX:DOGEUSDT Analysis – Potential Downtrend Continuation The bulls initially pushed the price above the rising wedge but failed to hold it as support. As a result, the price retraced, breaking below the trendline once again. The bears not only successfully breached this level but also converted the upper trendline into resistance. Subsequently, within 2 to 3...
BINANCE:BTCUSDT BTC/USDT is currently "forming a rising wedge pattern" , which could indicate a continuation of the downtrend. Since the last peak at $110,000, Bitcoin has been experiencing a decline. At the moment, BINANCE:BTCUSDT BTC/USDT is highly volatile, with daily price swings of up to 10%. This volatility increases the likelihood of fake breakouts and...
BRETTUSDT.P chart is showing a potentially bullish pattern on the daily timeframe, around the 61.8% Fibonacci retracement level and a long-term trendline originating from May 14, 2024. BTCUSDT.P has been retesting the 200-day EMA for three consecutive days, indicating a zone of high interest. Important Note: This analysis is based on a candle that has not...
This technical study relies on weekly timeframe observations, highlighting key technical patterns and volume dynamics that suggest a bullish outlook. As of today’s date (9:26pmAST), the 24-hour long volume stands at $28.59B, underscoring significant long interest in the market. With precise data from the weekly chart, the confluence of multiple bullish indicators...
Trading Analysis Report: This trading analysis report provides insights into the recent price action of FRONTUSDT.P, focusing on key technical indicators and patterns observed on the 15-min timeframe. Following the bounce from the EMA 200-day (Wed 08 May), the asset surged by an impressive 53%, marked by a series of 5 red candles out of 34 candles in 8h 30m....
The closing price of the second shoulder is observed to be lower than the first shoulder, indicating a potential reversal pattern. Furthermore, the price action is positioned below the 200-day Moving Average (EMA), reinforcing the bearish sentiment. Additionally, I noticed seven candles on the first shoulder and head. PHEMEX:BTCUSDT.P May 7, 2024, 2:25pm