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PremiumTechnical Analysis of Bitcoin (BTC) on the Chart by Blaž Fabjan Falling Wedge Continuation Pattern The falling wedge is a bullish continuation pattern, often indicating a potential upward breakout after a period of consolidation. Resistance and Support Lines: The chart shows a clear resistance line sloping downward and a support line also trending...
Technical Analysis for Bitcoin (BTC/USDT) by Blaž Fabjan Overview of Current Market Structure: Descending Trading Channel: The Bitcoin price is currently trading within a descending channel, marked by parallel lines of resistance and support. The price has respected both boundaries and continues to oscillate between them. Support: The current support level...
Technical Analysis + trade plan by Blaž Fabjan Pattern: Falling Wedge The chart shows a clear Falling Wedge pattern, which is typically a bullish reversal signal. This pattern is characterized by a downward sloping resistance and support line that converges. A breakout from this pattern often leads to a price surge. The breakout is expected as the price is...
TA+TRADE plan by Blaž Fabjan Descending Triangle Formation: A clear descending triangle pattern is observed with lower highs (resistance) and a horizontal support around the $0.14 level. This is typically a bearish pattern, but in some cases, it can lead to a breakout to the upside. The current price is close to the triangle’s apex, indicating a potential...
Technical analysis and trading plan for the ONE/USDT 1-hour chart (on Binance) by Blaž Fabjan Descending Trading Channel: The price is currently moving within a descending trading channel, with lower highs and lower lows. This is a bearish pattern but can lead to a bullish breakout when the price breaks the upper boundary (resistance line). The price is...
PEPE/USDT pair on Binance (1-hour timeframe) Technical Analysis + TRADE PLAN by Blaž Fabjan Chart Pattern: Falling Wedge The falling wedge pattern is identified, which is typically a bullish reversal pattern. As the price converges downward, it indicates a potential breakout to the upside. The pattern suggests that there might be a bullish move coming once the...
Descending Channel Pattern: The price is trading within a descending channel. The upper boundary (resistance) and lower boundary (support) are clearly defined. Descending channels typically indicate a bearish trend, but if the price breaks out of the channel, it could signal a trend reversal. Possible Breakout to the Upside: The chart highlights the...
Descending Broadening Wedge Pattern Description: This is a bullish reversal pattern. As shown, the price of Bitcoin is testing the support line of the wedge, which typically suggests that a breakout to the upside might occur after the completion of the pattern. Potential Breakout: The chart indicates a potential breakout above the upper boundary (resistance line)...
Technical analysis of the Bitcoin/US Dollar 4H chart by Blaž Fabjan BTW: My previous analysis was accurately forecasted. Technical Overview: Descending Trading Channel (Past Trend): The chart shows a previous descending trading channel that occurred in August and early September. During this period, the price was continuously making lower highs and lower lows,...
Technical Analysis + trade plan by Blaž Fabjan Chart Pattern: Falling Wedge (Uptrend Bias) A falling wedge pattern is present, which typically signals a bullish reversal. In this case, the price seems to be nearing the breakout point of the wedge. The breakout direction is upwards, and this pattern typically leads to a price increase if confirmed. Support and...
Technical Analysis for Bitcoin (BTC/USDT) by Blaž Fabjan Descending Trading Channel: Bitcoin appears to be moving within a descending trading channel, with the price gradually testing the lower bounds and trying to break out from this downtrend. The key resistance for a breakout from this descending channel is around the 64,000 USDT level, while the support is...
Technical analysis for Bitcoin (BTC/USDT) 1-hour price action with multiple indicators and a descending triangle pattern by Blaž Fabjan Chart Patterns Descending Triangle: This is a classic pattern that typically suggests consolidation, and in many cases, a breakout (especially when formed in an uptrend). The triangle seems to be nearing the apex, indicating...
Technical analysis and trading plan for Bitcoin (BTC/USDT) by Blaž Fabjan Bullish Pennant Formation: The chart shows a bullish pennant pattern, which typically indicates a continuation of the prior upward trend. This suggests that once the consolidation within the pennant breaks to the upside, there could be a further rally. Support and Resistance...
Technical Analysis by Blaž Fabjan Chart Pattern (Falling Wedge): The chart shows a falling wedge pattern, which is typically a bullish reversal signal. This is evidenced by the downward sloping trendlines converging towards each other with decreasing price swings. Support and Resistance: Resistance Line (Upper Trendline): The price has tested this level...
Harmony (ONE/USDT), technical analysis and trading plan by Blaž Fabjan: Price Channel: The price is moving within a rising channel, marked by support and resistance lines. The price is currently near the lower part of the channel (support zone), which suggests potential upside movement if the support holds. Volume: There's a visible increase in volume,...
Technical Analysis by Blaž Fabjan Ascending Channel: The price is moving inside an ascending channel with clear resistance and support lines. This channel is characterized by higher highs and higher lows, indicating an upward trend. The price has previously bounced off the support line multiple times, confirming the validity of the ascending channel. The price...
PEPE/USDT trading pair, here's a breakdown of the technical analysis and trading plan by Blaž Fabjan: Symmetrical Triangle Formation: There is a symmetrical triangle pattern highlighted. This is typically a continuation pattern that signals a breakout, either upward or downward, depending on which side breaks first. Currently, the price is consolidating near the...
Technical analysis Bitcoin (BTC/USDT) on daily chart by Blaž Fabjan Price Range: The chart shows a long-term descending channel with resistance at the upper trendline and support at the lower trendline. The price is oscillating between these two levels. Current Price: $63,532.74 as of the timestamp on the chart. Support and Resistance: Resistance is marked...