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Anjaz Crypto
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Explanation of the ascending price channel and how to draw it simply 👇👇
The descending price channel is exactly the opposite of it.
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$SOMI made a strong surge to 1.5675 before facing rejection and pulling back toward the 1.35 zone. Currently, it is stabilizing around 1.37, showing signs of possible accumulation for another upward attempt if buyers regain momentum. Trade Setup: Entry Zone: 1.3500 – 1.3800 Target 1: 1.4500 Target 2: 1.5200 Target 3: 1.6000 Stop Loss: 1.3000 $HEMI $PROM
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$TST /USDT has shown strong bullish momentum with nearly 40% gains in the last 24h and is now consolidating within a tight range. A breakout above 0.04060 could open the way toward the 0.04899 resistance, while failure to hold current support may trigger a retest lower. Trade Setup: Entry: Above 0.04060 Target (TP): 0.04899 Stop Loss (SL): 0.03697 $DOGE $F
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$WIF A breakout above $0.94 could drive price higher toward the $0.97 level $TAT $SOMI
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$PENGU I expect price to continue ranging, but with a bullish bias as long as 0.03378 holds. If we see a sweep below that level and an immediate recovery, I’ll be looking for a long setup targeting 0.03832 first, then 0.04257. - If price loses 0.02884 with strong bearish momentum, my bias will flip to bearish and I’ll expect a move down toward 0.02375. - Wait for a sweep and reclaim of 0.03378 for the most reliable long entry, confirmed by a bullish reversal candle or lower timeframe break of structure. - If price spikes straight into 0.03832–0.04257 and stalls, that’s a good spot to look for short signals back to 0.03378.$XRP $BTC
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