Digital Chartist
#MEGAUSDT 8H #MEGA has already broken above the descending resistance on the 8-hour timeframe and is now facing two key resistance levels: the neckline of the double bottom pattern and the SMA50. In case of a breakout above these levels, the following upsideβ¦
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Digital Chartist
#MEGAUSDT 8H #MEGA has already broken above the descending resistance on the 8-hour timeframe and is now facing two key resistance levels: the neckline of the double bottom pattern and the SMA50. In case of a breakout above these levels, the following upsideβ¦
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1. May Industrial Production data - Monday
2. May Housing Starts data - Tuesday
3. May Retail Sales data - Wednesday
4. Fed Interest Rate Decision and Kevin Warsh's First Meeting as Fed Chair - Wednesday
5. June Philly Fed Manufacturing Index - Thursday
6. US Markets Closed for Juneteenth - Friday
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Digital Chartist
#MEMEUSDT 1D Update We previously alerted that #MEME was attracting strong volume. It has now broken above both the daily SMA50 and the descending resistance trendline, and has successfully reached the first target. π― $0.000661 β
π― $0.000774 π― $0.000865 π―β¦
#MEMEUSDT 1D Update π
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#OPENUSDT 1D
#OPEN is currently trading within a triangle pattern on the daily chart.
Consider accumulating a small position at current levels and near the following support zones:
π $0.2172
π $0.2032
In case of a breakout above the triangle resistance, the following upside targets could come into play:
π― $0.2719
π― $0.3028
π― $0.3468
π― $0.4029
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#OPEN is currently trading within a triangle pattern on the daily chart.
Consider accumulating a small position at current levels and near the following support zones:
π $0.2172
π $0.2032
In case of a breakout above the triangle resistance, the following upside targets could come into play:
π― $0.2719
π― $0.3028
π― $0.3468
π― $0.4029
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#GPSUSDT 1D
#GPS is breaking out above both the falling wedge resistance and the daily SMA200 on the daily chart.
The potential upside targets are:
π― $0.00871
π― $0.00985
π― $0.01078
π― $0.01171
π― $0.01302
π― $0.01470
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#GPS is breaking out above both the falling wedge resistance and the daily SMA200 on the daily chart.
The potential upside targets are:
π― $0.00871
π― $0.00985
π― $0.01078
π― $0.01171
π― $0.01302
π― $0.01470
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#TIAUSDT 3D
#TIA has bounced from the support zone on the 3-day timeframe chart. It is now facing a strong resistance cluster consisting of the descending resistance, the 3-day SMA50, and the Ichimoku Cloud.
In case of a breakout above these levels, the following upside targets could come into play:
π― $0.5240
π― $0.6916
π― $0.9424
π― $1.1451
π― $1.3478
π― $1.6364
π― $2.0040
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#TIA has bounced from the support zone on the 3-day timeframe chart. It is now facing a strong resistance cluster consisting of the descending resistance, the 3-day SMA50, and the Ichimoku Cloud.
In case of a breakout above these levels, the following upside targets could come into play:
π― $0.5240
π― $0.6916
π― $0.9424
π― $1.1451
π― $1.3478
π― $1.6364
π― $2.0040
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
We have officially rebranded. Our previous name, usernames, and visuals are no longer in use.
All official updates will now be shared under our new brand only.
Telegram: https://t.me/DigitalChartist
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Contact ID: @DigitalChartist_Support
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As the price moves into these zones, dealer hedging flows can become more supportive, helping stabilize the market after a period of elevated volatility.
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#EULUSDT 1D
#EUL has bounced from the support zone on the daily chart and is now on the verge of breaking out above both the descending resistance and the daily EMA50.
If the breakout is confirmed, the following upside targets could come into play:
π― $1.265
π― $1.590
π― $1.853
π― $2.115
π― $2.489
π― $2.966
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#EUL has bounced from the support zone on the daily chart and is now on the verge of breaking out above both the descending resistance and the daily EMA50.
If the breakout is confirmed, the following upside targets could come into play:
π― $1.265
π― $1.590
π― $1.853
π― $2.115
π― $2.489
π― $2.966
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
Digital Chartist
#CAKEUSDT 1D #CAKE is currently trading inside a falling wedge pattern on the daily chart. In case of a breakout above both the daily SMA50 and the wedge resistance, the following upside targets could come into play: π― $1.483 π― $1.702 π― $1.879 π― $2.055β¦
#CAKEUSDT 1D Update
Since our previous analysis, #CAKE has gained 14% and is now on the verge of breaking out above both the falling wedge resistance and the daily SMA50.
Keep a close eye on it. If the breakout is confirmed, the upside targets remain the same as those outlined in our previous analysis.
π― $1.483
π― $1.702
π― $1.879
π― $2.055
π― $2.307
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
Since our previous analysis, #CAKE has gained 14% and is now on the verge of breaking out above both the falling wedge resistance and the daily SMA50.
Keep a close eye on it. If the breakout is confirmed, the upside targets remain the same as those outlined in our previous analysis.
π― $1.483
π― $1.702
π― $1.879
π― $2.055
π― $2.307
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#SUSDT 1D
#S is currently trading within a falling wedge pattern on the daily chart and has bounced from the wedge support.
In case of a breakout above both the wedge resistance and the daily EMA50, the following upside targets could come into play:
π― $0.04368
π― $0.05248
π― $0.05959
π― $0.06669
π― $0.07681
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#S is currently trading within a falling wedge pattern on the daily chart and has bounced from the wedge support.
In case of a breakout above both the wedge resistance and the daily EMA50, the following upside targets could come into play:
π― $0.04368
π― $0.05248
π― $0.05959
π― $0.06669
π― $0.07681
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#ADAUSDT 1D
#ADA has bounced from a very important weekly support level and is now heading toward a key resistance cluster consisting of the descending resistance and the daily SMA50.
In case of a breakout above these levels, the following upside targets could come into play:
π― $0.2306
π― $0.2763
π― $0.3132
π― $0.3501
π― $0.4027
π― $0.4697
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#ADA has bounced from a very important weekly support level and is now heading toward a key resistance cluster consisting of the descending resistance and the daily SMA50.
In case of a breakout above these levels, the following upside targets could come into play:
π― $0.2306
π― $0.2763
π― $0.3132
π― $0.3501
π― $0.4027
π― $0.4697
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.