A potential double top is observed in 1w chart of BTCUSDT. If weekly closing happens below 68471, the view of double top will get stronger. The trading volume is already considerably low for recent 2 upside candles.
Double bullish divergence is observed in 1h price chart of $ETH $SOL . The price is making lower lows but corresponding values of Relative Strength Indicator (RSI) are forming higher lows. This represents inherent weakness of bears for the time being.
Bulls may take control anytime soon and the Uptrend can be observed for Ethereum& Solana coming few hours.
The same Bullish Divergence has formed in #BTC shared few hours ago.
1h price chart is showing the formation of Bullish Divergence where $BTC price is making lower lows but corresponding values of RSI are making higher lows.
This represents weakness of downside rally and uptrend may be observed in #Bitcoin & Altcoins for the coming few hours.
Buy here longside for the target 0.10049 USDT . ⤴️Gain Potential 3️⃣6️⃣%
A Bullish Flag pattern formed in 1h price chart of #GALA has offered upward breakout. As per principles of technical analysis, the price will offer a #Pump equal to the hight of flag pole.
A bullish flag pattern is formed in 1h price chart of #LINKUSDT . On upward breakout, the coin price will appreciate at least equal to the hight of flag pole i.e. 10% ⤴️.
Wait for the breakout and buy #LINK long after the breakout flag.
Coin bull run started after bottom formation. After initial pump, $LOOM price observed profit taking. This selling draged price down ⤵️ where again BUYING was observed. This new buying again pushed LOOMUSDT price up⤴️.
This price play has formed a typical Symmetrical Triangle pattern.
🔷️In Technical Analysis, midway triangle represents intermediate correction after which the previous trend continues.
👉 Most probably #LOOMUSDT will continue uptrend 📈 after completion and upward breakout of this triangle.
The price gets stuck inside a parallel channel🔁. The upper boundary of the channel is restricting the price from further rise. Once $RNDR price comes out of this channel, the #Pump or #dump will become more aggressive.
By that time, if you want to trade #Rndrusdt , BUY near lower line and SELL near upper line. Never forget to place a strict stoploss‼️