schematic #3 re accumalation conventional labelling of wyckoff reaaccumalation tranding range
If price takes out tp 1 and 2 then accumulates 3 and 4 are more likely
It looks like we've completed Wave 2 of our subminuette degree, and I'm anticipating a parabolic pump toward $8, aligning with our trend-based Fibonacci targets.
? Key Support Zone : Price is consolidating near a strong support area. ? Potential Move: Break above resistance → bullish momentum. ? Watch Out : A sustained drop below support could signal downside continuation. ? Strategy : ✅ Entry : Long near support / Short on breakdown. ✅ Stop Loss : Tight below key levels. ✅ Targets : Previous swing highs/lows.
The price has been in a downtrend since 2011, with lower highs and lower lows. The market is near a support zone around 0.62 - 0.63, where buying pressure is emerging If support holds, a potential reversal could push the price higher toward resistance levels near 0.69 - 0.70.If support breaks, the price could continue its downtrend towards 0.60 or lower
As we have seen in previous years, it looks like Dogecoin will once again start a spectacular rally after forming an inverted head and shoulders pattern and pulling back from it!
#Bitcoin Update Bitcoin remains in a tight consolidation phase after rebounding from key support. Support at $93,700 Holding: BTC has successfully defended the ascending trendline and 200 EMA, showing strong buyer interest around this level. Range-bound movement: The price continues to hover between the ATH resistance and the lower support, forming a key accumulation zone. Breakout Watch: A daily close above the $100,000 resistance could lead to a breakout, while a failure to hold support may trigger a correction. Traders should keep an eye on BTC’s next move, as volatility could increase soon. DYOR, NFA #BTC #Crypto
A line chart and a strong and major resistance at the red arrow, which can be sweet and hearty if it is broken, so we are closely monitoring the breakdown of this resistance.
Daily and Weekly chart is now Uptrend and Bullish. Up 40% since FiFT BoD signal Entering resistant zone and closing above 120 for the first time since early 2022 FiFT +Ve, MCDX Buying Volume very strong. Look for BoD opportunity around support at 100. Next Support zone at 85 Or look for buy at retest/pullback after breakout resistant zone 120-130
Considering the recent decline of Ethereum, it seems to have a good growth. Based on this, the movement of this digital currency is probably high. Please support us by liking and sharing ideas