🔍MATIC (Polygon) is approaching a critical support level. Here's an in-depth analysis to guide your trading decisions. 📆Coin of the Day: MATIC (Polygon) About the Project MATIC is a layer-2 scaling solution for Ethereum, known for its low transaction fees and extensive use in the DeFi space. 🧩Technical Analysis 4-Hour Timeframe This analysis focuses on futures...
This wedge pattern is a strong bullish signal for Solana, in my opinion. It's in a slight downward trend currently, but I do believe considering the high volume support around the $150 zone, that it will tap there and then eventually soar to new all-time highs.
Phantom is ready to hit the target of $1.6 in the short term, check for yourself
Today, I came back with the GameStop(GME) project. I don't know if you were able to profit from the previous analysis because the GameStop(GME) project has made more than ➕800% profit . But today I want to say that we have to wait for correction . GameStop(GME) has succeeded in breaking the Resistance zone . But the probability of break is fake ( bull...
NOTUSDT is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle. Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could be 0.02600 What you guys think of this idea?
I created this chart mostly out of boredom. I'm not sure that it has any value or that we can learn anything from it. Each 4-year period starts at the previous bear market low. You can see that the first market cycle is abbreviated, so there is a large overlap of the first 4-year period into the second 4-year period. The overlap continues to shrink in the...
Since the begining of March BTC has been consolidating in a range from approximately $60k to just over $70k. A year earlier BTC also entered a consolidation phase in March with the price of BTC ranging from about 25K to just over $30k. The consolidation lasted about seven months with BTC finally breaking out in mid-October 2023. After exiting the consolidation...
At 8h, it is in the trading range area, which has good reactions to the supply and demand areas. 💎 Currently, it is moving to the supply zone in an upward channel, which has faced a temporary correction after the negative reaction to the zone. But if it maintains the area of 0.00000894, it can break the supply area and continue its growth until the next supply...
In the daily and weekly time, it is moving in an upward channel, which according to the previous analysis , the last wave had the ability to grow to around 100% of the previous wave, after which it faced correction, which was correctly mentioned in the updates of the previous post. And extended to the specified area of correction. 💎 First scenario: Therefore, if...
Pyth is a solid protocol IMO Accumulating $PYH under $0.50 No leverage HODL
🔍Bitcoin (BTC) is approaching a crucial supply zone. Here's an in-depth analysis to guide your trading decisions. 📆Coin of the Day: BTC (Bitcoin) Bitcoin is the pioneering cryptocurrency, known for its decentralized nature and wide acceptance as a store of value and medium of exchange. 🧩Technical Analysis 4-Hour Timeframe This analysis focuses on futures...
🌐 About Pendle currency: Pendle is indeed a cutting-edge protocol in the DeFi space, designed to allow users to tokenize and trade potential future earnings from their investments. By introducing an innovative Automated Market Maker (AMM) that accommodates assets experiencing time decay, Pendle offers a unique solution that grants users enhanced control over...
Hi all, This time I present my big BTC short position I already jumped into at 70800 BTCUSD price after taking short liquidity on 4th of June. This is multi-day/week SWING position entry! Risk - Reward ratio is around 1:4. If the price continue upwards, I will be adding to this position around 71500 and after sweeping 72k Stop loss for this trade is...
BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k. Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond. From our weekly chart diagram above, you can observe that the black bear...
According to the previous analysis , he was able to touch the first supply area of the 0.43 range with the flag pattern. 💎 But now in the 4H time, after exiting the density and breaking the dynamic trigger, it can now touch the specified areas and also the first supply area with the support of the green box area. 💎 Alternative scenario: if the green box is...
We're going to try this one on BEAM for a possible short-term scalp. We grabbed the liquidity and surged 80% in just two weeks. We believe the bullish pattern should continue and move higher. This coin is highly volatile, so don't forget to use a hard stop and make sure to take profits on the way up if it hits. 🤝
🔍 Technical analysis: Wave 3 or short-term bullish C scenario - It has a bullish guard in the 4H time frame. - After an upswing to the 1.172 range, it has had a zigzag correction. 💎 Currently, according to the upward momentum, it can have a pullback to the broken structure (green box) to continue the upward trend. - The 1.025 area can be used as a support to...
Current Situation: Price Level: CFX has broken the 50-day Moving Average (MA) and the daily downtrend, showing potential for a bullish move. China Narrative: Based on recent positive news related to China, there might be a pump affecting Chinese tokens, including CFX. Trade Strategy: Entry Point: Enter a long position at the current price or within the range of...