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#ach/usdt Price is currently testing the resistance of a descending triangle pattern on the 4-hour timeframe👀 A breakout from this pattern could trigger a 50-60% bullish move🚀

#ach/usdt
Price is currently testing the resistance of a descending triangle pattern on the 4-hour timeframe👀
A breakout from this pattern could trigger a 50-60% bullish move🚀

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#WIF/USDT ANALYSIS WIF is moving in a symmetrical triangle. Currently, it is trading below the trendline resistance and inside the Ichimoku cloud. RSI is in the neutral zone. We've to keep an eye on a solid breakout or breakdown of the triangle for the confirmation of its next direction.

#ltc/usdt Litecoin has successfully broken out of a symmetrical triangle pattern and has undergone a retest of the breakout level, confirming the bullish momentum🤓 The price is now expected to continue its upward trajectory towards the $300 target🎯

#AEVO/USDT is exhibiting a falling wedge formation on the 8-hour timeframe🧐 In case of a successful breakout from this pattern, a bullish wave of approximately 40% is expected✈️

🗞 Calendar Events - Week ahead 🚩 High Impact news 🔖 Tuesday, 14th May EUR: German CPI (MoM) (Apr) USD: PPI (MoM) (Apr) USD: Fed Chair Powell Speaks 🔖 Wednesday, 15th May USD: Retail Sales (MoM) (Apr) USD: CPI (MoM) (Apr) USD: CPI (YoY) (Apr) USD: Core Retail Sales (MoM) (Apr) USD: Core CPI (MoM) (Apr) USD: Crude Oil Inventories JPY: GDP (QoQ) (Q1) 🔖 Thursday, 16th May USD: Initial Jobless Claims USD: Philadelphia Fed Manufacturing Index (May) 🔖 Friday, 17th May EUR: CPI (YoY) (Apr) #weekahead #calendar #event

#BTC/USDT ANALYSIS BTC is moving in a descending triangle. It is holding above the horizontal support with a low volume. A good volume volume bounce and breakout of the descending triangle is the bullish confirmation, while a sustained breakdown of the triangle is the bearish confirmation.

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