🟥🟩 The majority of traders misread bearish candlesticks. | Faisal Crypto Lab on Binance Square

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Bullish

🟥🟩  The majority of traders misread bearish candlesticks.
$OPEN  $XVG  $CELO  
#FaisalCryptoLab 

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XVG

0.00598

-8.11%

CELO

0.2964

+0.33%

OPEN

0.4041

-10.35%

411

0

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𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗖𝗘 𝗢𝗙 𝗗𝗥𝗔𝗪𝗜𝗡𝗚 𝗟𝗜𝗡𝗘𝗦 𝗢𝗩𝗘𝗥 𝗬𝗢𝗨𝗥 𝗖𝗛𝗔𝗥𝗧𝗦 Trendlines tell a story. They show the angle of advance or decline within a price trend, alert when a market reaches overbought or oversold levels, define trading ranges, highlight the point of equilibrium (apex), and help forecast support or resistance zones. Never draw conclusions from trendlines alone — always weigh the three core factors in market analysis: Price Movement, Volume, and Price–Volume Relationships, which determine when and where trendlines can be logically applied. 𝗪𝗛𝗔𝗧 𝗜𝗦 𝗧𝗛𝗘 𝗧𝗥𝗘𝗡𝗗𝗟𝗜𝗡𝗘 𝗧𝗥𝗔𝗗𝗜𝗡𝗚 𝗦𝗧𝗥𝗔𝗧𝗘𝗚𝗬? Trendlines reveal momentum — the angle of upward bars shows bullish strength, while a downward pitch shows bearish pressure. Because irregular price swings can obscure these patterns, trendlines help clarify the true path of price movement. By connecting successive tops or bottoms, traders can visualize the angle of ascent or descent during minor, intermediate, or major moves. 𝗧𝗥𝗘𝗡𝗗𝗟𝗜𝗡𝗘 𝗕𝗔𝗦𝗜𝗖𝗦 (𝗪𝗜𝗧𝗛 𝗜𝗠𝗔𝗚𝗘 𝗥𝗘𝗙𝗘𝗥𝗘𝗡𝗖𝗘𝗦) 📈 Support or Demand Line: Identifies the angle of advance in a bull swing by connecting two successive lows. Example: Lines A–C, D–1 in Image 1 📉 Resistance or Supply Line: Identifies the angle of decline in a bear swing by connecting two successive highs. Example: Lines I–K, I–6 in Image 2 💎 Oversold Position Line: Drawn parallel to a resistance line, passing through the first support between two rally tops. Example: Line J–L, where J is the first support between tops I and K (Image 2) ⚠️ Overbought Position Line: Drawn parallel to a support line, passing through the first resistance between two support points in an uptrend. Example: Line B–E in Image 1 Trendlines bring clarity, confirm with volume and structure. $SNX $ARPA $BEL

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$SYRUP after bouncing from 0.3577 bulls pushed all the way up to 0.4202 key level pulling back currently trading around 0.4058. Bulls are still active and trying to reclaim the daily highs and go for further upside levels. Holding above 0.3950 can heat up the bullish momentum losing this level may trigger a further downside move with a chance of bullish reversal. Upside targets: 0.4202 0.4250 0.4300 0.4370+ I also watch: $COAI $SNX

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$SNX is currently trading around 2.065 a crucial support zone, its down more than 16% today but over all up 10.72% What you should know? As long as we trade above 2 more bulls will join to push back to higher levels losing this area can be followed by a further downside move. Upside targets: 2.15 2.20 2.30+ I also watch: $COAI $ZEC

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Guys $ENSO will be live for trading soon are you ready? This is a good opportunity but also expect high volatility in first 15 to 60 min. Trade carefully and stay safe 💛 I currently watch: $EDU $ARPA

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$ARPA explosive breakout and bullish momentum currently trading around 0.02280 after bounced from 24 hours low of 0.01747 up more than 30% Holding above 0.02170 is a must to fuel up the bullish rally other wise further downside move and regaining of bullish momentum is possible. Upside targets: 0.02450 0.02570 0.02620 Note: ARPA is trading in major levels expect pullbacks and trade with confirmation ride the right wave. I also watch: $MBL $ALICE #FaisalCryptoLab

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