⚜️The price has broken out of the falling wedge pattern – a bullish reversal setup. ⚜️Now trading above resistance at 0.165, a retest around 0.153–0.160 zone could give a perfect re-entry point.
⭐️Wait for a healthy pullback before taking long entries. No FOMO. Patience = Profit. #JOE #joeusdt
⚜️Price was in a downtrend, then entered a sideways range (orange box) — this is the accumulation phase. ⚜️The “face pattern” refers to the box with the gorilla icon, symbolizing smart money buying quietly. ⚜️A breakout has occurred, and the chart suggests a retest + bullish continuation towards the $0.068–0.072 area. #AUDIO/USDT
📉SHORT: $AAVE (1D) #AAVEUSDT | #AAVE | #Aave Current Price $265 Market Cap $4.06B
Analysis: Aave showed a whopping growth of 185%, but recent bearish trends have dominated the chart, hinting at a possible reversal. The rising wedge in the chart suggests an upcoming bearish turn, which might be a great opportunity for a short position.
Price Targets: Keep an eye on the key Fib levels for potential support zones: 0.382 at around 230, and 0.618 at approximately 200. If the downtrend continues, watch for further support near 165.
Analysis: Polkadot is currently forming a higher low, hinting at bullish continuation. With a 16-day advance and steady green action, the trend suggests normal price movement. This stability might mean we're in for further upward momentum, so keep an eye on this one!
Price Targets: If the bullish trend holds, look to break initial resistance at $6.45. From there, aim for the next targets at $7.43, $8.43, and a potential high at $16.81. Monitor closely for any signs of retracement or pattern shift!
Analysis: Bitcoin's recent dip shows signs of a strong correction, possibly touching below $90,000. There's potential support near $80,000 or $82,000. It’s a crucial moment to decide if this is a major correction or just a retracement. Keep calm, revisit your strategy, and monitor trends.
Price Targets: If the correction holds, look for a consolidation phase above $80,000. A break below could test $82,000 support. On the upside, breaking resistance could lead to levels above $90,000, but watch for confirmation signals before acting.
Analysis: WLD is currently in a correction phase but remains bullish within the rising blue channel. The $1 mark offers solid support in the green zone, giving traders confidence in a potential rebound. Keep an eye on the general trend indicators for more insights.
Price Targets: Look for a bounce to initial targets at $1.37 and $1.44. If momentum strengthens, anticipate upward moves toward the $1.70 mark. Stay alert for any changes in volume or external market news that could impact these targets.
Analysis: SUSHI has just broken out of the accumulation phase as per the Wyckoff Cycle, hinting at potential bullish momentum. The breakout is marked by increased volume, signaling the start of a markup phase. Keep an eye on market sentiment and volume for more clues.
Price Targets: First resistance is around $1.20, with a subsequent target of $1.60 if momentum continues. If bullish pressure holds, aiming for $2.00 as a longer-term target seems feasible. Always consider setting a stop-loss below $0.50 to manage risk effectively.
Analysis: This chart showcases a bullish V-shaped bottom confirmed with a breakout above the EMA55—super promising! Even with low volume, this setup looks strong. Price action is your friend here, signaling a potential upwards journey.
Price Targets: If momentum keeps up, look for a rise to a key target of $0.3096. And with a potential 134% profit spike, $0.4188 is the super-bullish target. Keep an eye out for those levels!