The price is moving in a downward channel trend on the 12-hour frame and sticking to it well. After bouncing from a major support area in green at the level of 0.5300. We have a tendency to stabilize above the Moving Average 100. We have a downtrend on the RSI that is about to break higher.
#SPELL/USDT is currently exhibiting a large inverse head and shoulders formation, with the price presently forming the right shoulder. This pattern is typically a bullish reversal indicator, suggesting potential upward movement. Our focus should be on the accumulation zone, which presents a promising buying opportunity. The key price targets are indicated on the chart, providing a roadmap for potential gains.
The primary phase of volatility is anticipated to commence once the price breaks above the neckline zone, confirming the pattern and potentially leading to a strong bullish trend. We should prepare for increased market activity at this critical juncture. Patience and strategic positioning in the accumulation zone will be essential for maximizing potential returns.#SPELL
#BEAMX/USDT .P price has risen by 7.98% over the last week, its month performance shows a 26.94% increase, and as for the last year, BEAMX/USDT.P has increased by 507.22%.
Rejected 3 times from green box previously but finally managed to flip it into support. Breakout retest of trendline + retest of green box successful targets marked.
#ALICE is exhibiting a potential inverse head and shoulders pattern, with the price currently forming the right shoulder.
This presents a promising buying opportunity. The immediate target is the neckline of the setup, and stop loss should be strategically placed as indicated on the chart. Final target levels are also outlined on the chart. Let's observe how this evolves over time; patience will be essential for this coin.
Alice inverse head & shoulders patterns and target price.
The chart analysis presents a promising outlook for PEOPLE against USDT, showcasing potential upward movement within an ascending channel structure. Currently, the price is situated positively above several moving averages, closely following an uptrend pattern which indicates continued bullish momentum.
The short-term target is set at the 1.272 Fibonacci extension level, which aligns with the upper boundary of the trend channel. This confluence suggests a strong resistance level that could be tested soon. If hit, this target of approximately 0.10598 represents a significant potential return of around 29%. This alignment of technical indicators supports a positive short-term forecast for #PEOPLE/USDT.
Monitoring the price action around this target will be vital to ensure profit-taking aligns with market dynamics.
The horizontal support at 0.073 seems quite strong. The price has been ranging there for a while now but hasn't broken down.
#OMNI/USDT price has risen by 22.57% over the last week, its month performance shows a 4.15% increase, and as for the last year, OMNI/USDT has increased by 1.81 K%.
OMNIUSDT is in bullish trend. No sign of reversal . No divergence shown in RSI. We buy at breakout of symetric trinangle. #OMNI🔥🔥
12-hour frame, the price moves within it and adheres to its limits well. We have a green support area at 0.5300 after the price touched it and bounced from it. We have a tendency to stabilize above moving average 100. We have an uptrend on the RSI indicator that supports the price higher.#LUNA🔥🔥🔥
#ORDI/USDT price has risen by 12.04% over the last week, its month performance shows a 10.24% increase, and as for the last year, ORDI/USDT has increased by 691.19%.
#ORDI has entered the top 100 again (#99 on Coinmarketcap). Apparently it still have a pulse. Still in the red zone of the fib which is very bearish. But who knows?
📊#ORDI reaches the staged target area✔️
🧠Structurally, we can see that a double bottom bullish structure has been constructed near the buy zone, and we use this structure as support to start the uptrend.📈
💎 Having successfully broken out of the descending resistance, RLC is showing bullish momentum, especially after a recent false breakout.
💎 However, the current rejection near the resistance area around $3.3 suggests a potential pullback to the lower time frame (LTF) demand area before resuming its upward trajectory. To confirm a return to bullish movement, RLC needs to break above the resistance level, potentially leading to a retest of our target strong resistance area.
💎 Should RLC fail to bounce from the LTF demand area and instead break below it, this could signal continued downward movement, with the next significant level being the key support area around $2.1.
💎 If RLC reaches the key support area, it becomes crucial for the price to bounce from this level, as it represents a critical support zone. Failure to do so could lead to further downside momentum, confirming bearish sentiment and potentially pushing the price even lower.
The Hero indicator shows a buying signal, and the MasterCycle indicator is above the bullish cloud.
With the resistance break and the new support area to be tested , we might witness a short-term uptrend.
Volume its holding well for a while now. and not very far away from price discovery. for now to reach there it needs to break out of 12.375.recent support at 9.019.
#AMP is currently poised within a symmetrical triangle and gearing up for a potential breakout.
💎After the breakout, we'll seek a retest to confirm this movement before strategizing our next moves. This retest is key in validating the bullish momentum. If #Amp maintains support at $0.00681 and propels upwards, we aim for the resistance level we've identified ahead.
💎However, if #AMPUSDT fails to hold this support and falls back into the triangle, it may suggest a weakening of the bullish trend. In such a scenario, the price might retreat to the subsequent significant support at $0.0056.
💎Previousally, AMP has demonstrated a strong capacity to recover from this mark. Should this resilience persist, we might witness a robust bounce. Nonetheless, a clear break below this support would alter our bullish narrative, potentially signaling a transition to a more bearish trend.
#PHB/USDT.P shows a bullish momentum with a reversal pattern of bullish divergence at 4H TF. Entry is taken at previous LH with SL beneath the daily support.
Two trades at 1:1 and 1:2 R:R is taken.
The Stop Loss level is set to minimize potential losses, while the Take Profit level will allow us to lock in profits at a favorable rate.
#STG/USDT formed a bullish falling wedge pattern above an HTF. Clearly, it took a bullish turn from the support and is currently struggling to close above the resistance line. Breakout confirmation is complete 🚀. Retest confirmation is pending. We anticipate approximately 60% in the near future. 👉✅
#NOT/USDT price has risen by 124.79% over the last week, its month performance shows a 1.43 K% increase, and as for the last year, NOT/USDT has increased by 1.43 K%.
According to Elliott's wave theory, Notcoin(NOT) seems to have completed wave 3 and is currently completing wave 4. If the one-hour candle closes above $0.009136, we can confirm the end of wave 4.
I expect Notcoin(NOT) to rise to the Potential Reversal Zone(PRZ) after wave 4 is completed.
Note: An important point you should always remember is capital management and lack of greed.
#Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea.
#ARKM/USDT is experiencing a notable rally following a breakout from a combination of bullish continuation patterns, specifically a bullish pole and flag formation.
The price is currently aiming to achieve the target set by the bullish pole and flag formation,target as a new accumulation zone for buying opportunities.
#Arkham Intelligence - setting up beautifully on the long side.
#1INCH/USDT price has risen by 16.55% over the last week, its month performance shows a 17.34% increase, and as for the last year, 1INCH/USDT has increased by 26.75%.
Falling wedge Breakout Done in 1D time frame.
After the little bounce we can see it's on a little build up mode. Several candles keeping similar range. The breakout at 0.46, can easily look at price coming back to 0.50 area.
#CTK/USDT(Shentu) Daily timeframe range. massive pump here today got over 2 resistances. but yet to confirm breakout which we will know after daily close. this can be a wickout too so gotta be careful. breaking clean 1.2277 will lead it to 1.7300.
The Trendline Breakout Has Already Done ✅ So,I am Expecting a Bullish Move of +100% 🚀
Keep an eye on👀
DYOR
NOT FINANCIAL ADVICE
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