$PAXG It seems like this token is still trying to fill the Bearish FVG at the price of 3.38, and just above that there is a thin resistance that has already held 3 bounces.
First, let's just wait and see how it reacts around the bearish FVG area. If it holds and bounces back, it could likely drop to the first lower low at 3.25. And the extreme demand zone is also still fresh and untouched at the price of 3.02.
I will update again if something interesting happens 😁
If the daily TF candle closes and forms a bearish engulfing candle, it can be considered a confirmation of rejection to break through the MA50 and will return to the order block again around the price of 0.83
Next, the main trend for fartcoin might be a downtrend. Just wait to see how deep the correction will be later
$XRP Because it has failed to break through that resistance and a double top has formed there, the next target will bounce around the support area at a price of 2.07 or it could go deeper if it is no longer sideways.
the banana has also bounced in the Bearish FVG box $BANANAS31 #USCorePCEMay
Faizal Fogie
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$BANANAS31
If it can break through the MA50 line, it is guaranteed to continue rising to fill that fvg or even go straight to its supply area.
But the candle movements of this token need to be closely monitored. There are no patterns, no clear bounces, only small candles moving in the same direction. If the order is wrong, your SL will be hit in a short time.
the memo is in line with the imagination. Later this evening, continue to monitor in more detail 🧑💻 $XRP #StrategyBTCPurchase
Faizal Fogie
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$XRP
If viewed from the daily timeframe, it is still sideways and there is no certainty about where it is heading
But if viewed from the 4-hour timeframe, there are 2 bullish engulfing candles which indicate a strong push from the buyers. It is likely to rise to fill the Bearish FVG area and above there is also resistance.
For now, that's all I can explain. Because there is no breakout or certain pattern in the larger timeframe, just focus on scalping for now
$BANANAS31 If it can break through the MA50 line, it is guaranteed to continue rising to fill that fvg or even go straight to its supply area.
But the candle movements of this token need to be closely monitored. There are no patterns, no clear bounces, only small candles moving in the same direction. If the order is wrong, your SL will be hit in a short time.
$FORTH So far it is still below the MA50 line which indicates that bearish pressure is still strong and it is likely to return to the demand area around the price of 2.18 if there is no breakout from that MA line.
But one must remain cautious because there is still an FVG area that is left behind.
$XRP If viewed from the daily timeframe, it is still sideways and there is no certainty about where it is heading
But if viewed from the 4-hour timeframe, there are 2 bullish engulfing candles which indicate a strong push from the buyers. It is likely to rise to fill the Bearish FVG area and above there is also resistance.
For now, that's all I can explain. Because there is no breakout or certain pattern in the larger timeframe, just focus on scalping for now
$BTC For now, my advice is to be patient. Looking at the 4-hour TF, BTC is in the liquidity zone. Here, BTC is gathering momentum for the next big movement.
It appears that the supply area has also not been touched, which opens up the possibility of rising to the supply and breaking through it, or just to hit the SL and then continue to drop again.
Up to this point, you may continue with your own research 🧑💻
#Fartcoin Appears bullish after successfully making changes to its market structure and is now in a correction phase that may fill the unaddressed FVG or even drop back to the demand zone.
#Fartcoin Appears bullish after successfully making changes to its market structure and is now in a correction phase that may fill the unaddressed FVG or even drop back to the demand zone.
BTC has been sideways for the past few days. That's why I haven't been posting much lately. Most coins are a bit hard to predict when the market is sideways, or maybe my knowledge just isn't as good as others 😅
For now, BTC will test support around the price of 100k - 102k. And to reach that price, it may take time depending on market volatility. But for now, the market looks dominantly bearish, as can be seen from the last bounce with no new higher highs, and it is currently heading towards its support line.
Maybe that's all I wanted to say, for the next step just continue to do your own research.
On the 4-hour timeframe, the downtrend is still continuing and it seems to have broken an important support level as well. Just waiting for confirmation, whether it's just a fake breakout or a real drop.
If the retest later fails to break through again or there is still no higher high, then it’s confirmed that the downtrend is still continuing, with a temporary bottom target at the price of 0.2000.
In the daily timeframe, it seems to be starting to form an HnS pattern, just waiting for the retest later. For the next steps, do your own research 😁
for the past few days SUI has been controlled by the Supply zone and is now at its support.
For now, the bias is still predominantly bearish. Although it has entered the discount zone, if we draw the Fibo line, the 0.7 area is still below that. But for now, just wait and see if it can hold at that support or not. continue to do your own research