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#BTC General overview on Weekly Chart analysis will be published Tomorrow.
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#DOGE Chase Analysis: Breakout Done ,Retesting the broken Resistance. Short term Target is 0.135. NFA
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✍️ WHAT IS SHOOTING STAR CANDLESTICK??? A Shooting Star is a candlestick pattern in technical analysis. It forms when a stock's price jumps up, creating a long upper shadow or wick, and then falls back down, closing at or near the same price as the previous day. This pattern is considered a bearish reversal indicator, suggesting a potential downturn in the stock's price. Here's a breakdown of the Shooting Star candlestick pattern: - The stock's price opens and closes at roughly the same level. - The price jumps up significantly during the day, creating a long upper shadow or wick. - The price then falls back down, erasing most of the gains from the upward move. The Shooting Star pattern is considered a bearish signal because it indicates that the stock's price is experiencing strong selling pressure, which could lead to a continued downturn. Keep in mind that candlestick patterns should be used in conjunction with other technical and fundamental analysis tools to confirm trading decisions. Note : Malik Israr Ahmad World's best trader...
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#DOGE Breakout Update: Currently #DOGE is moving in a pattern called Symmetrical Triangle. Price action is moving near the apex of Triangle. A breakout is imminent soon. Overall price structure is looking healthy But volume is low. USE SL for Upcoming move. NFA
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#BTC R/S Update : current support for #BTC is $56,283. Current Resistance for #BTC is $58,219.
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