The altcoin market cap (ALTCAP) has created a bullish pattern just above the $760 Billion support area and could soon initiate an upward movement. On Nov 10, the total altcoin market cap reached a n...
Tag: Pattern
NZD/USD forms bearish flag pattern as NZ retail sales jump
The NZD/USD pair tilted upwards after the latest New Zealand retail sales data. It is trading at 0.6780, which was slightly above Tuesday’s low of 0.6755. It is still about 9% below the highest level ...
Descending Dogecoin Pattern Predicts Deadly Drop
Dogecoin has had a dramatic year. Starting only one year ago, DOGEUSD passed the one cent mark and embarked on a meme-fueled moon mission toward $1. It never quite got there, and has been in a downtre...
Axie Infinity (AXS) Price Analysis: Falling Channel Pattern Extends Correction Phase for AXS Price; Buy, Hold Or Sell?
A falling parallel channel pattern is leading the correction rally in the Axie Infinity (AXS) price. Though this falling pattern is now stretching the down rally, a bullish breakout from its resistanc...
FTM Price Prediction: Fantom (FTM) Price Aims to Break Last ATH ($3.48) If It Completes Cup And Handle Pattern
The Fantom (FTM) price has almost completely recovered from the last correction initiated during the end of October 2021, the coin price has also provided a bullish breakout from the cup and handle pa...
Is Crypto Following a Familiar Pattern?
If bitcoin were to have a real, transformative impact on the world, how might that play out? For the purposes of thinking about this, let’s consider the entire arena of cryptocurrencies Cryptocurr...
MANA Price Analysis: Escaping This Flag pattern MANA Token Could Rally To $5.5 Mark
A Flag pattern is leading this correction rally in Decentraland (MANA) token price. The token is still trapped inside this pattern, and so far it has almost lost 50% of its value. The long traders sho...
XRP Price Analysis: XRP Price Could Reach $1.1 Mark As Price Chart Forms Symmetrical Triangle Pattern
The overall trend for the XRP price is still sideways. The recent correction in price has plunged the coin to a crucial support level of $0.7. However, the technical chart shows the formation of a sym...
Fantom Price Analysis: Cup And Handle Pattern May Lead FTM Price To $4.5 Mark?
The parabolic recovery in Fantom (FTM) price pumped its price back to the ATH resistance near $3.2. The coin needs face a minor pullback to form the handle portion of its cup and handle pattern. Compl...
Binance Coin forms a continuation pattern as $510 beckons
Binance Coin was on its way to recovery from the drop in prices earlier this month. The longer-term trend was bearish, but over the past couple of days, the buyers have been in a position of strength....
ChainLink (LINK) Bounces But Fails To Breakout From Pattern Resistance
ChainLink (LINK) is trading in the middle of a pattern that has been in place since July 2021. Whether it reclaims the midline or gets rejected from it could determine the direction of the ensuing mov...
Ethereum Prints Bullish Technical Pattern, Why Close Above $3,200 Is Critical
Ethereum fell to $2,930 before correcting higher against the US Dollar. ETH price is rising and a close above $3,200 could spark a strong recovery. Ethereum extended decline and broke the $3,000 suppo...
Rising Parallel Pattern Could Lead 30% Growth In $ONE Price
The Harmony [ONE] coin price chart shows an impressive recovery from its previous correction. The coin price is currently resonating in a rising parallel channel, which is leading this new rally. Thou...
Binance Coin broke down beneath a triangle pattern in a hunt for buyers
The price is always attracted to liquidity. That had been a reason why Binance Coin repeatedly tested the $510 support level over the past two months and it exhausted the buyers at those levels. At th...
Boom in Selling Pressure Teases Flag Pattern Fallout
The LRC coin falls more than 50% as it shows an ongoing retracement within a flag pattern in the daily chart. Moreover, the recent bear attack results in the fallout of the $2 mark. The rests close t...
Chainlink(LINK) & Polygon (MATIC) Price Showcase a Bearish Pattern, They May Dive This Deep!
After a notable consolidation, the crypto space is witnessing a slight recovery from the previous losses. Moreover, the Bitcoin price despite a slight upswing still remains within the same braces arou...
REN price at risk of 50% drop after a bearish trading pattern shows up
The prospects of Ren (REN) continuing its ongoing rebound to fresh highs appear slim as a classic bearish reversal pattern begins to emerge. Dubbed head and shoulders, the setup appears when the price...
$RVN Coin Price Soars 21% Completing The Cup And Handle Pattern.
The overall trend for Ravencoin (RVN) is still sideways. However, the price has initiated a new rally which has again around 65% from the last swing low(0.078). Moreover, a cup and handle breakout sug...
Symmetrical Triangle Pattern Could Lead 20% Growth In XTZ Coin
For the past month, the Tezos coin price has been moving in a consolidating rally. This sideways march revealed a symmetrical pattern in the daily time frame chart. The coin price is preparing to esca...
Bitcoin (BTC) Creates Double Bottom Pattern Near December Lows
Bitcoin (BTC) is trading inside the range of its December lows but is showing strong signs of a potential bullish reversal. On Dec 23, BTC broke out from a descending resistance line that had previous...
This key trading pattern hints at the continuation of Fantom’s (FTM) 125% rebound
Fantom (FTM) looks poised to hit a new record high in the coming sessions after its 125% price rebound from $1.23 on Dec. 14, 2021, to $2.84 on Jan. 3, 2022 triggered a classic bullish reversal setup....
A Cup And Handle Pattern Could Lead 40% Gain In Enjin Coin
The ENJ coin nearly lost half of its value in the recent price correction, which plunged the coin to the $2.2 mark. A confluence of major technical levels 0.618 Fibonacci retracement level and 200-day...
Falling Wedge Pattern Extends The Correction For ETH Coin
The Ethereum coin is still trapped in a correction phase, led by a falling wedge pattern. The price action confirmed the $3600 mark as a valid support level, from where the price starts a new recovery...
Is Peloton stock a buy as it formed a bullish divergence pattern?
The Peloton (NASDAQ: PTON) stock price crashed by about 80% in 2021 as the rotation from lockdown stocks to reopening stocks continued. The sell-off continued on the final day of the year after the co...
Veteran Trader Comments on Uber-Bearish Bitcoin Pattern
Alex Dovbnya Peter Brandt names the key reasons why Bitcoin bears could be wrong Amid Bitcoin’s lethargic price action, many chartists have turned bearish, pointing to the looming “head-an...