April 18
TradingDX
Photo
Downward Channel
The price is moving within a falling wedge or downward parallel channel (marked in black).
This pattern is typically bullish when it occurs in a downtrend, indicating potential reversal soon.
🧱 Support and Resistance Levels
Major Resistance Zones:
$0.3053
$0.4402
$0.4620
These are likely to act as major sell zones if the price breaks out upwards.
Support Zone:
Around $0.18 and below (currently holding)
🧬 Moving Average (MA)
A blue 50-day MA is shown:
Price is below the MA, which is typically bearish.
However, price is now consolidating and attempting to move sideways or break above the MA, a good early signal of strength.
⚠️ Trend Summary
Current Trend: Downtrend, but weakening.
Pattern: Falling wedge forming, which often precedes an upward breakout.
Momentum: Slight bullish divergence may be developing (not confirmed without RSI or MACD).
🔮 Potential Scenarios
🟢 Bullish Case
Breakout of the falling wedge and move above $0.22 (resistance near 50 MA).
If confirmed, potential target zones:
$0.3053 (first target)
$0.4402 – $0.4620 (next targets)
🔴 Bearish Case
Failure to hold above $0.18 zone may lead to retest of $0.15 or lower.
Breakdown from the wedge could increase selling pressure.
📌 Conclusion
The chart is technically bearish, but signs of potential reversal are emerging due to the falling wedge formation. A breakout above $0.22 with volume could signal a trend reversal.
The price is moving within a falling wedge or downward parallel channel (marked in black).
This pattern is typically bullish when it occurs in a downtrend, indicating potential reversal soon.
🧱 Support and Resistance Levels
Major Resistance Zones:
$0.3053
$0.4402
$0.4620
These are likely to act as major sell zones if the price breaks out upwards.
Support Zone:
Around $0.18 and below (currently holding)
🧬 Moving Average (MA)
A blue 50-day MA is shown:
Price is below the MA, which is typically bearish.
However, price is now consolidating and attempting to move sideways or break above the MA, a good early signal of strength.
⚠️ Trend Summary
Current Trend: Downtrend, but weakening.
Pattern: Falling wedge forming, which often precedes an upward breakout.
Momentum: Slight bullish divergence may be developing (not confirmed without RSI or MACD).
🔮 Potential Scenarios
🟢 Bullish Case
Breakout of the falling wedge and move above $0.22 (resistance near 50 MA).
If confirmed, potential target zones:
$0.3053 (first target)
$0.4402 – $0.4620 (next targets)
🔴 Bearish Case
Failure to hold above $0.18 zone may lead to retest of $0.15 or lower.
Breakdown from the wedge could increase selling pressure.
📌 Conclusion
The chart is technically bearish, but signs of potential reversal are emerging due to the falling wedge formation. A breakout above $0.22 with volume could signal a trend reversal.
April 18
April 19
💁Binance has officially announced that all users in India (new and existing) must re-verify their KYC to comply with anti-money laundering (AML) regulations.
This step is mandatory to continue using the platform without interruptions.
This step is mandatory to continue using the platform without interruptions.
April 19
April 20
April 21
April 21
🚨BREAKING 🚨:
💥 $1.5 TRILLION wiped from U.S. stock market today.
💰 Meanwhile, $60 BILLION flowed into crypto.
The rotation has begun.
Money is moving into crypto. 🚀
💥 $1.5 TRILLION wiped from U.S. stock market today.
💰 Meanwhile, $60 BILLION flowed into crypto.
The rotation has begun.
Money is moving into crypto. 🚀
April 22
April 22
April 22
NEW: Bitcoin May Rise More as Amid Federal Reserve Risks, Says Standard Chartered.
April 22
April 23
TradingDX
Target hit successfully. Will update next target soon .
Next Target could be $99k but it will be very crucial, It will be a point when market sentiments will be changed completely but need to be extra cautious there. as this could bring the price to 50k also in long term.
so if you notice a strong reversal , get out of the market completely. and if 99k broken and hold and cheers we will see a new ATH later on.👍
so if you notice a strong reversal , get out of the market completely. and if 99k broken and hold and cheers we will see a new ATH later on.👍
April 23
April 23
#NEAR is still respecting the falling wedge structure. Eyes on the $2.45–$2.50 zone—if bulls take control and push above, confirmation comes next. Until then, it's just a watchlist play.
NFA, DYOR!
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❓Got any thoughts? Leave a comment 💬
NFA, DYOR!
➖➖➖
❓Got any thoughts? Leave a comment 💬
April 24