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    Bullish Shark: Previously we have seen that on the 12-hour chart, the price action of the leading cryptocurrency formed a bullish harmonic Shark pattern and the price action reversed bullish from the potential reversal zone of this pattern but could not continue the rally. After hitting the sell targets the candlesticks dropped down again. It was a good trade plan for the day traders. However, for the long-term holder, it was not good because eventually the price action is moved down. https://www.tradingview.com/chart/BTCUSDT/Ft62VnOO-Bitcoin-BTC-formed-a-bullish-Shark-for-a-reversal-move/     After hitting the sell targets and dropped:   Making attempts to breakdown: The price action of Bitcoin is moving in a falling wedge on a small-time period 4-hourly chart, and recently we have seen that the priceline has reached again at the support of this pattern and making several attempts to break down the support. Key level support zone and bigger fall...

   The key support and SMAs: From November 2020 to April 2021 the price line of VRA surged more than 8000% that was a huge profit produced by Verasity. After the month of April, the price line retraced back at the key level support of $0. 01 . Right now the price line is testing this key level support and there is also a 50 simple moving average on the weekly time frame just below the key level support which is also working as very strong support for the price action of Verasity e Moving at the resistance for a long time: On the daily time frame, the price action of VRA is moving in a falling wedge pattern. It can be observed that the price line is making more attempts to break out the resistance than breaking down the support. We can also notice that after 29th June the priceline is not reaching the support of this falling wedge pattern and moving at the resistance. If we take a look at the Bitcoin daily timeframe chart, then it is also going through the same situation....

    Brokedown the channel and key level support: The price action of the Zilliqa coin was previously moving in a very long up channel . After breaking down the support of the channel the priceline turned is very strong bearish but found very strong support at $0.06. The $0.06 is key level support for the price line of is Zil. Because it has been working previously as very strong support for the price action for a very long time period. It can be seen that before the formation of the up-channel for several days the $0.06 level has been working as very strong support. Therefore, it will be very difficult for the PI fine to break down the support. Big bullish BAT: On the weekly time frame chart, the price action has formed a bullish BAT . https://www.tradingview.com/chart/ZILUSDT/H5nCi3DF-Zilliqa-ZIL-formed-big-BAT-for-upto-190-move/     The buying targets as per the Fibonacci sequence of this bullish BAT can be as below: Buy between: $0.0948 to $0.0745 Sell be...

    Bullish Shark move: previously we have seen that on a 12-hour chart, the priceline formed a bullish Shark pattern. After moving in the potential reversal zone of this pattern, the price action reversed bullish and after entering the sell zone it moved down again.   After visiting the sell zone: https://www.tradingview.com/chart/BTCUSDT/Ft62VnOO-Bitcoin-BTC-formed-a-bullish-Shark-for-a-reversal-move/     Small falling wedge: On the 4-hourly chart, the price action of Bitcoin is still moving in a falling wedge pattern since 27 Jun. Now it BTC has reached the support of this wedge pattern. This is a critical moment because the falling wedge is getting squeezed and the price action can start a move towards the upside or downside very soon. At this time the price line is testing the support of this wedge pattern. Bigger wedge: On the daily time frame, the price action of the leading cryptocurrency is moving in another falling wedge pattern which is bi...

    Major resistance and support levels: On the weekly time frame chart, we have three major support and resistance levels. While moving towards the upside the price line faced strong resistance at $2.30 and after being rejected made another attempt and broke out this resistance. Then finally after finding very strong resistance at $3, the price action dropped down and also broke down the $2.30 support which was previously working as resistance and stopped at $0.60 support level . Is very strong support because previously it has been working as resistance several times. Now the price action is likely to take bounce from here. Different Indicators: If we take a look at the different indicators on the weekly time frame, then the stochastic is moving in the oversold for the past several weeks which is indicating that the price of ICX is quite oversold now. For the last three weeks, the moving average convergence divergence ( MACD ) indicator has started turning bullish which ...

    Hi dear patrons, hope you are well and welcome to the new update on Bitcoin.   Brokedown the triangle: On the small time frame 4-hourly chart, the price action of Bitcoin was moving in a descending triangle and it was moving very well between the resistance and support of this pattern. After reaching the tip of the triangle the priceline is rejected by the resistance and broke down the support of the triangle. New falling wedge: Even though the price action of the leading cryptocurrency has broken down the support of the descending triangle, however, there is another downtrend line support below the candlesticks and the priceline of BTC is not able to break down this new support so far. If we remove the support of the previous descending triangle and use the resistance of the same triangle with the new support, then it has formed a new falling wedge pattern on the 4-hour time frame. Which is a bullish reversal pattern. So far, the price line is moving at the sup...

    Uptrendline support and SMAs: On the weekly time frame chart, it can be easily observed that the price action of EOS coin has found if very strong long-term uptrend line support. And price line is not able to break down this trendline support for a very long time period. Recently the candlesticks of EOS have re-tested this trend line support and now moving above this level. At the same time, the price line of EOS has also tested the 50 and 100 simple moving averages. The 50 simple moving average has already crossed up the 100 simple moving average which is a bullish signal, because when the smaller time period moving average crosses up the bigger time period moving average that is considered a buying signal. Stochastic and Momentum: If we take a look at the stochastic oscillator on the weekly time frame then it can be noticed that for several weeks it is moving in the oversold zone, indicating that the market of EOS is quite oversold. But if we take a look at the momen...