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Ancient_trader
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Jasmine Lee
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Ancient_trader
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$TAO #bittensor #Tao Tao is showing fully Bullish momentum Todays its going to 550$ at the day end Grabe its fast
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$SOL #Solana Let’s analyze the pattern on the SOL/USDT daily chart you provided: 1️⃣ Overall Trend: The chart shows that the price was initially in a downtrend, reaching a low of 95.26. After hitting this bottom, SOL entered a strong uptrend, rallying up to 187.71. Post 187.71, the price started to correct, leading to a retracement. 2️⃣ Key Levels: Support: 95.26 (major swing low, strong support). Around 131.32 (recent support area visible). 110.98 (intermediate support zone). Resistance: 187.71 (recent swing high). 171.99 (previous minor resistance level before the final high). Current price: 152.39 — sitting between support and resistance. 3️⃣ Pattern Analysis: Double Top Formation (Potential): The highs near 187.71 may suggest a potential double top if price fails to retest or break above it. Descending Channel / Flag (Possible): The recent correction appears to form lower highs and lower lows, potentially a descending channel or flag pattern. Higher Low Formation: The price seems to be attempting to form a higher low after the drop — if confirmed, this can be bullish. 4️⃣ Possible Scenarios: Bullish Case: If the price holds above 131.32 and breaks above 171.99, a retest of 187.71 becomes likely. Breakout above 187.71 may lead to continuation of the previous uptrend. Bearish Case: If the price loses 131.32 support, it may retest 110.98 or even 95.26. Failure to hold higher lows may increase selling pressure. 5️⃣ Market Psychology: Current consolidation suggests indecision between bulls and bears. Volume and momentum indicators (which are not shown in this chart) would help confirm the breakout direction. If you want, I can also: Do a more advanced technical analysis (e.g. Fibonacci levels, trendlines, RSI, MACD analysis if you provide those). Generate a short-term trading plan. Simulate possible breakout targets. 👉 Just let me know which you'd like.
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$TAO 500$
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$BTC bitcoin is showing the Bullish momentum on this time. It’s upper down on third down waves now it’s going to cross 125k and Solana also going to cross the 200 USDT
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mobile 📱 money 💀
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