#Axs Trying To Clear Descending Trendline One More Time, Trendline Has Been Tested Many Times, Now Tl Is Very Weak, Expecting Breakout Towards Upside This Time, Successful Breakout Can Lead Massive Bullish Rally In Midterm.$AXS #TradeStories #BTCtrade #FOMCMeeting #BinanceSquareTalks
šCurrent Trend: The price of STRAX is currently demonstrating a bearish trend.
š§Price Action Analysis: The price is moving downwards, with a primary focus on a liquidity pool. After gathering both Sell-Side Liquidity (SSL) and Buy-Side Liquidity (BSL), the price test a rejection block, which led to a downward displacement. It is anticipated that the price will test the liquidity pool.
#xrp USDT XRP is consolidating within a falling wedge pattern and is currently trading just below the resistance trendline. The 21 day moving average is also acting as a resistance barrier above the price.
A breakout above the pattern would signal a potential bullish trend, while continued rejection could lead to further consolidation within the wedgedMonitor closely for a decisive move.$XRP #TradeStories #PectraUpgrade #MostRecentTrade #FOMCMeeting
The ALTS market cap has broken out of a falling wedge pattern with strong volume, indicating potential bullish momentum. However, it is currently facing rejection from both the 21-day and 50-day moving averages, which are acting as key resistance levels above the price.
$XLM Reason: Breakout from falling wedge pattern after a long consolidation phase. Retesting previous accumulation zone with bullish structure forming. High probability for upward continuation.
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Price is consolidating at the bottom of a falling wedge structure. High-probability reversal zone with clear invalidation below. Strong potential for bullish breakout based on historical patterns.