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ETHUSD Recovery Pattern ETHUSD Recovery structure A standard double bottom Right now we are experiencing the second bottom point of the double bottom The bars pattern shows the recovery period I expect Forming a kind of W structure A great time to further load up on cheap ETHUSD !
SHIBA - Update Double Bottom on the side Forming a small upward channel Strong bottom along the horizontal dashed line This is the max drawdown for this pattern
ALGOUSD - Strong Bottoms ALGO has formed a large falling wedge which is common among many crypto coins currently The green horizontal is a strong support line, using the curved line to show the kind of cup structure price is forming once hitting this green line It is a very bullish structure Lets see how it plays out
BATUSD Double Bottom BAT has reached its underlying uptrend and has formed a double bottom along this line I expect the bulls to come in charge and alter this current trend Green horizontal is the double bottom line
CROUSD - Large Bullish Divergence Bullish Divergence Higher lows on indicator Lower lows on chart Price is also within a weird kind of falling wedge , a breakout may result
ETHBTC - Triple Top ETHBTC in the earlier period formed three peaks hitting the red resistance line, with the strong support line being in green Currently price is experiencing the same kind of pattern, hitting another similar red resistance line, however price is awaiting the third test, which we will occur soon as per this anaysis The middle yellow down and then rebound up are very comparable in both cases Bullish
XRPUSD Upward Reversal XRPUSD has formed a strong base pattern allowing for a bullish price reversal It has already broken the smaller red resistance line confirming the bull move The line in yellow has been seen as a resistance and support area so it will likely be a point of interest as price moves up I have placed bars pattern sketching in a way how I think price action will evolve
UNIUSDT Idea Dominant down trend line in red Price seems to have broken away from this line, flipping to the bullish side I have drawn a small channel that price may occupy as price starts to move up Here is another one of my ideas for UNI below
BTCUSD - Attempting to Find Support BTC is trying to find support along the lower line of this falling wedge This falling wedge is a larger bullish take on a shorter term bearish market A triple bottom for price is a good recovery pattern This allows a bit of room for price to move up, out of the falling wedge Linking some related BTC analyses below
MATIC Bullflag Recovery Structure A large bearish rising wedge has led price to this recovery scenario First the recovery began with a sort of head and shoulders pattern, but the right shoulder evolved differently into what I see as a bullflag I believe the crypto market is bottoming out currently.