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Ascending Channel

XRP BULLISH ROCKET On the 1H chart, XRP seems to have formed a double top, close to the support area, a formation that indicates a bullish scenario. we are close to seeing a "W" type formation ... we are waiting for confirmation. The indicators do not seem to say anything, which shows a certain indecision of the market. On the 4 hour chart it looks like we are in an upward channel. At the moment, XRP, unlike BTC, is not in such good condition. Even if the market seems unfavorable for XRP, I will be guided as some top investors say: "when the signals seem to show a decline, the market can surprise and grow!" We all know from the past years that the crypto market is full of surprises. I will be very careful these days and I will not risk more than 2% of the account.
BITFINEX:XRPUSD
by v06d12r92
NEARUSDT Wants to retest the ATH!?The price is testing the 4h support after the rejection from the supply zone on 20$ as you can see on the daily chart (the upper one) The price is creating a ascending channel below the weekly resistance on 17.7$ How to approach? The price could retest again the supply zone on the 20$, so if the price is going to have a breakout from the weekly resistance and dynamic 4h resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
6
USDT.D IS READY TO FALL IN LTF!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this USDT DOMINANCE update. USDT Dominance looks bearish here. It's already breaking down from the rising channel and a retest is also done. Now it is ready to fall it means BTC is ready to pump. If USDT.D goes according to this scenario then we will see BTC touch $45k-$46k soon. Keep an eye on this. Invalidation level:- If any hourly candle closes above the 4.48 level If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
CRYPTOCAP:USDT.DShort
by CoreCrypto1
BTCUSDT in Ascending channel, growth from supportBTCUSDT price is following a ascending channel and channels trendline's are acting as strong support for the price, after reaching the support area and lower trendline of the channel, if price continues to hold above the support I expect the price to move higher.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Long
by Stargazer_fx
12
Link is about to take offLink has just broken out of a 4 month old channel. It has not been confirmed yet but if we see it flip to support and volume come in, a big move is likely to come. We actually re-entered this channel 4 months ago, it was first formed in March 2020 - We also broke past the weekly R2 giving us 20% till the R3. Volatility is very low and will have to expand, which will push the price in the direction of the trend, and we can see the ADX is trending in a bullish posture. MACD is looking good and will not turn down as long as we trade above $27.449, Stoch will stay bullish above $27.81. If the retest holds, my targets are the golden fib at $35 and then $53.
Long
by MrBetonBlocks
ROSEUSDT needs to hold the ascending channelThe price is creating an ascending channel after a clear rejection from 0.31$ weekly ressirance On the 4h timeframe the price is testing the monthly support on 0.25$ support level How to approach? IF the price is going to lose the 4h support and retest as new resistance According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
2
EURGBP can move lower? 🦐EURGBP on the 4h chart is trading within an ascending channel. The price after the test of the historical string support provided a false breakout of the 0.8300 level and retraced to the upside. With a test of the 0.8500 weekly resistance the market moved to the descending trendline of a weekly channel and is now moving lower. How can i approach this scenario? I will wait for the EU market open and if the price will break below 2 support areas i will check for a nice short order according to the Plancton's strategy rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
NZDUSD on an ascending channel 🦐NZDUSD on the 4h chart is trading at the top of a bullish trend inside an ascending channel. The price after the recent impulse got rejected by the daily resistance and is now moving to the lower trendline. I expect the price to reach the confluence zone between the weekly support and the trendline before the end of this week and i will monitor the price action around that level. How can i approach this scenario? If the price will carry on the retracement move I will wait for the break of the confluence zone and after that, i will check for a short opportunity and set a sell order according to the Plancton's strategy rules. ––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
2