#LRCUSDT
If the support is strong enough
lrc might break the channel formation by bouncing up.
And in consequence will test the resistance.
If the support is strong enough
lrc might break the channel formation by bouncing up.
And in consequence will test the resistance.
#AVAXUSDT
Rising wedge on the downtrend cut.
looks bearish to me.
Take action if we bounce off the resistance.
Rising wedge on the downtrend cut.
looks bearish to me.
Take action if we bounce off the resistance.
#ROSEUSDT
This one is complicated.
Well first of all there's a bearish pennant formed, and stochastic shows overvalue almost at all timeframes.
But on the other hand after a strong downtrend it is pretty possible to be retraced to 0.5 fibo level.
So here both scenarios are relevant.
This one is complicated.
Well first of all there's a bearish pennant formed, and stochastic shows overvalue almost at all timeframes.
But on the other hand after a strong downtrend it is pretty possible to be retraced to 0.5 fibo level.
So here both scenarios are relevant.