After a strong bullish impulse movement, the BINANCE:ARBUSDT has been stuck in a prolonged consolidation phase. Currently, the market is trading within this consolidation zone, having broken above the crucial level of 1.1000. As the price approaches the support level, it's likely to bounce off and resume its upward momentum. The market has been in an...
BINANCE:BTCUSDT made a significant surge on May 20th, and since then, the price has been oscillating within a narrow range zone. As we can observe, the price action is gradually narrowing down, indicating a potential breakout. On the weekly timeframe, an inside bar formation is developing, which suggests that the price may be building up energy for a move....
BINANCE:PEPEUSDT has been on a remarkable bullish run, consistently posting higher highs and forming a strong upward momentum. The recent market action saw a new all-time high, followed by a retracement. As the market pulls back, it's likely that it's forming a complex pullback towards the support level. Notably, the price has been making higher closes with brief...
Last week was a tough period for gold, marked by a sharp reversal where the bull's momentum suddenly gave way to a bearish surge. The bull takes the stairs, the bear jumps out the window as they say. The sudden correction was not a surprise, but rather a necessary step in the market's attempt to rebalance itself. The price had been forming a divergence for some...
The price perfectly fulfilled my previous idea. It went up and hit the target. FX:AUDUSD has recently formed an equal low, followed by a bounce off the support level, which is now being tested against the resistance and upward trendline area. On the daily timeframe, we can observe that the market briefly dropped below the significant level of 0.66500, which has...
The price perfectly fulfilled my last idea. It literally tanked hit the target zone. FX:EURUSD is currently retracing towards the resistance zone after its recent breakout from the range zone. On the 1H timeframe, the market has been correcting its downward trend, indicating a potential pause in the bearish momentum. With high-impact news today, I expect the...
The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:ETHUSDT has broken out of its range zone and is now extending its upward momentum. As the market approaches the critical resistance level at $4000, it's trading slightly below this key area. A closer look at the price action reveals a double top formation, which could potentially...
FX:GBPUSD has reached a crucial psychological resistance zone, only to fall back from it. We've seen an impulsive movement from this level, where it's also encountered a significant resistance area. A long-tailed bar followed by a large bearish candle suggests a potential exhaustion of the upward momentum on the daily timeframe. As the market pulls back towards...
The bulls' inability to break through the resistance zone resulted in a long-tailed bar on the daily chart, indicating a significant failure to push through the barrier. Despite making two attempts to breach the resistance level and move higher, FX:EURUSD instead rebounded from the zone, taking liquidity above the previous week's high. This reversal suggests...
OKX:TONUSDT is currently forming an inverse head-and-shoulders pattern, which suggests that the market may be poised for an upward move. The price has recently broken out of the downward trendline, and it is now ranging within a defined area. I expect the price to remain above the key support level of 6.30, although there is a possibility that the market may...
The price perfectly fulfilled my last idea. It hit the target zone. The market is showing a bullish trend continuation pattern, specifically a flag pattern, which is characterized by an upward movement followed by a consolidation phase. FX:AUDJPY is currently trading in the consolidation zone, having broken above the key level of 104.00. As the price approaches...
BINANCE:BTCUSDT remains resilient, finding support at 67,000. As you will notice, a potential bull flag pattern is forming, reminiscent of the previous one. I believe this setup will eventually lead to a breakout and subsequent move higher as the overall trend remains bullish. A consolidation zone is forming just below the channel boundary, hinting at a potential...
The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:LINKUSDT has continued its upward momentum, surging above the 17.00 level and maintaining its position above it. On the daily timeframe, we can observe a big bullish candle, which suggests a substantial accumulation of bullish pressure. This development signals that the market may...
The price perfectly fulfills my last idea. It took off and hit the TP. The daily timeframe is showing a bullish trend, with the market consistently updating higher highs and higher lows. FX:AUDCAD has been consolidating within a narrow range of 0.91000 to 0.90500. It recently broke and closed above the significant level of 0.9000. Given this momentum, I...
The price perfectly fulfilled my last idea. It played out nicely; it hit the targeted level. FX:EURUSD has rebounded off the crucial psychological support level at 1.08000, and it appears to be forming a bullish flag pattern. A breakout of this pattern could lead to a further upward momentum. On the daily timeframe, we see a strong bullish candle, which shows...
The price perfectly fulfilled my previous idea. In my opinion, the alt season has already begun, but we haven't seen it yet on the price charts. Many altcoins, including meme coins, are currently in an accumulation phase. BINANCE:SHIBUSDT chart, in particular, is clearly in a consolidation zone following its recent bullish move. I believe that the price action...
The price perfectly fulfilled my last idea. It hit the target. FX:AUDCHF is currently trading within a downward channel, having recently formed a new lower low. The price is now approaching the resistance zone and the upper channel border, following a bounce off the support level. I anticipate a pullback and retest of the support level, followed by further...
Cryptocurrency airdrops are a clever marketing tactic where projects give away tokens or coins for free, with the aim of generating buzz and spreading the word about their product. In most cases, the primary goal of an airdrop is to create awareness and attract attention, rather than generating revenue. As the airdrop makes headlines in the media and gets featured...