$SOMI /USDT Our last trade was Done boys😊👉 $SOMI hit main TP - 0.6100🤑 Now New Trade💚🤑 Long Alert 🟢 Entry - 0.6700 - 0.6900 Laverage - 10× - 50x Tp -30%,50%,100% & more...🤑 Main TP - 0.7800 💚
Remember my analysis just a little while ago on the 1-hour chart? 📊🧐 Well, it looks like the market agreed with me. The recent price action has confirmed a significant bearish movement, and anyone who followed that intraday insight is likely in a great position right now. 🤑🚀
My prediction wasn't just a lucky guess. It was based on a careful review of several key indicators on the 1-hour timeframe:
* Bearish divergence on the RSI, signaling that momentum was weakening even as the price hit higher highs. 📉🚨
* A clear break below the key 50-period EMA, a strong signal of a shift in short-term trend. ↘️📉
* Declining trading volume on the run-up, suggesting a lack of buying interest to support the price at those higher levels. 💨💨
It’s always a good feeling when the charts align with your analysis. ✨🔮 This is a perfect example of why it's so important to not just follow the hype, but to really understand the technicals, even on smaller timeframes. 🤓📚
I'll be watching closely to see how this plays out, but for now, it's a great reminder to trust your own research. 🙏💪
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$KAVA faces bearish pressure after rejection near 0.3574$. A breakdown below 0.338$ could extend losses, while holding above may trigger a minor bounce.
There's a bullish triangle forming. 🔺 As soon as it breaks out, 🚀 we can expect a big bullish movement. 🐂
I'll update you on what to do after the breakout. 🔔 Stay tuned and follow me. 👀 Comment below your thoughts on what will happen next. 🗨️ What do you think? 🤔
$BTC $ETH $SOMI 1. Symmetrical Triangle 🔺 Shape: Formed by a downward-sloping resistance line and an upward-sloping support line that meet.Interpretation: This pattern shows indecision and balance ⚖️ between buyers and sellers in the market.Breakout: The price can break out in either direction (up ⬆️ or down ⬇️). It's hard to predict the direction until the breakout happens. 🧐 2. Ascending Triangle 🔼 Shape: Has a horizontal resistance line and an upward-sloping support line.Interpretation: This is a bullish pattern 💪 that signals a potential upward move. The higher lows show that buyers are gaining strength, even as the price repeatedly hits the same resistance level. 🚀✨Breakout: The price has a high probability of breaking above the horizontal resistance line and moving higher. 🎯 3. Descending Triangle 🔽 Shape: Has a horizontal support line and a downward-sloping resistance line. 📉Interpretation: This is a bearish pattern 🐻 that signals a potential downward move. The lower highs show that sellers are gaining strength, even as the price repeatedly hits the same support level. 🛑Breakout: The price has a high probability of breaking below the horizontal support line and moving lower. 💥 Confirming a Breakout ✅ It's very important to correctly identify a "breakout" from a triangle pattern. Since false breakouts can occur, pay attention to these factors: 🕵️♂️ Volume: When a breakout happens, trading volume should increase significantly 📈💰. This confirms that the breakout is strong. 👍Retest: Often, the price will return to the broken trendline, retesting it as a new support or resistance level before continuing its move. 🧐🔍 This is also a sign of a strong, confirmed breakout. 💪 This information should give you a better understanding of technical analysis. Remember that risk management is essential when trading. 🛡️😊