moressay
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moressay
SOLUSD weekly chart showing massive inverted H&S pattern which broken out since Feb 2024 - which followed by malaise price move we experience couple of months back, before we finally see the rally started again.On recent move, there's also a bull flag being broken out.EMA could be used as support in case of a pullback.Cherio...
moressay
Drawing pattern can be subjective, but this is my take for SOLUSD, a triangle with 2 fake breakout, and the price currently retesting the triangle side line.Let see if it able to slice through this time...and stay above it.Cherio...
moressay
ETHUSD seems to be making similar fractal with last year. Last year, the price also keep going lower before make a sudden move to the upside.In any case, the latest high must be flipped into support first to move into positive zone. That would means a close above $ 2,800.
moressay
BTCUSD managed to make a bounce but yet to claim the latest high. The price has been moving within the wedge for quite some time. Let see how the price would progress this time.Resistance would be $ 65 K for the broadening wedge to be complete.
moressay
I did expect that the muddy waters finally pass, but seems not yet...really a tiring market. Last time the price did this kind of thing was last year, but it managed to resolve it just in 180 days (6 months).While current one has last more than 200 days.What cause this ? don't really know. Could be due to DXY that bounced, lack of liquidity, or any other reasons, but I used to stick with the chart & it still tells me to hold on.Now, these are the remaining things that still keep Bitcoin's breath :1.Price are above EMA 220.2.MACD is positive.3.MACD already breaks its downtrend line.Cherio...
moressay
BTCUSD still waiting the price to resolve, but overall still looks bullish to me. Probably waiting for DXY to decide where it wants to go.
moressay
DOGEUSD is retesting the support after breaking out its downtrend channel on daily timeframe.Cherio...
moressay
WIFUSD breaking out the channel on daily timeframe. Now retesting the support.Cherio...
moressay
This one is weekly chart of XRPUSD . Look at how the price start to peeking above the downtrend line, a multi-year downtrend line since 2021.
moressay
JUPUSDT currently at resistance. I'm leaning on possibility of breaking out as the MACD already did broke out its downtrend line.Let see.
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