crypto_angelz

crypto_angelz

Football is a very good instrument for those who want to have a diversified crypto portfolio which is less likely to be correlated with broader crypto market as the instrument follows the price action of its fan tokens constituents. For the long run is always good to have some in your trading portfolio. Looking at its current set-up, 4H timeframe formed an...

crypto_angelz

ADA failed to break the descending trendline part of a falling wedge formation. In the short term, we might witness some minor retracement towards the support zone before hitting the descending trendline and finally breaking out.

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C98 seems to have entered a bullish channel on the 2H timeframe and it is currently flirting with its lower bound. Would open a call with tight stop loss at the intersection with the lower bound, which, if get broken, will trigger a dump in price.

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KNC experienced strong downward price pressure over the course of September as the token crashed to its multi year lows in area $1.1-1.4, where is currently sitting. On RSI and MACD we can witness a potential bullish divergence on daily timeframes. RSI is in very "unexplored" areas as it is in deeply oversold territory (27-29), at levels reached only at the peak...

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AXS recently broke the descending trendline on the 1H time frame. Is there room for further upside? if current levels hold, yes, given that we sit at multi-month lows. Keep an eye on the trendline at this stage which act as a new support for further price action

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Atrom broke to the downside a long term bullish trendline in the last couple of days before rebouncing on top of it. Solid bullish pressure is there to sustain further positive price action. As long a as the trendline stays intact we can long the token

crypto_angelz

Algo has been forming a bullish pennant structure on the 4H time frame. Depending on how it breaks the structure, we might see strong price action. Right now it seems to be breaking the bullish trendline on the downside. Remain cautious and operate with tight stop loss

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SRM have been sitting on its long term support line and recently broke the bearish trend line. Expecting additional upward movement to claim $0.875, assuming current support at $0.78 holds

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Link 2H timeframe have entered a bullish pennant formation, before getting rejected at $8.5 area and channelling prices within the chart pattern. The structure of the strategy is intact, waiting for LINK to break out from it very soon

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After losing its positive momentum from the hype of the Vasil network upgrade, Ada has been slowly declining. Currently, is very close to the support zone in $0.4-0.41 area, a long term support stemming from the aftermath of the June crash. If support holds there is room for further consolidation on the upside, if the support doesn't hold, we'll see further decline.

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ETC is sitting on a support zone generated in August on the 4H time frame. A rebound is possible if these price levels hold. Trade with caution

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LIT got rejected in the resistance area on the 1H time frame, expecting small retracement from here down to $0.7 area.

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RSR has shown incredible positive price action in the last days, skyrocketing from ~$0.005 to $0.01 in a matter of a week. I was expecting a tiny correction from $0.008 area but instead price jumped ~20% up. Higher highs on RSR price did not follow with the same pattern on RSI and MACD, making me believe that a small price correction vis-a-vis negative outlook...

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BTS is actually into a symmetric triangle composed of a series of lower highs and higher lows, which will be pivotal in defining future price direction. At the moment of this writing, 1H candle price action doesn't look great or seem suggesting that a move upwards is due. I would stay very cautious before entering a trade on BTC

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Pancecake Swap token got rejected in area $5, a resistance area formed during the crash of May - June, when the price plummeted to its multi-year low at ~$2.5 price per token. Over the course of the past 4 months, Cake has been able to grow +100%, pushed by a positive momentum generated from the additional commitment from several investors in the platform and...

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GMT has benefited from buying pressure immediate before the announcement of the launch of GMT earnings plan on the 28th of September, but but price fell immediately after. GMT is currently sitting on an support zone which, if holds, might give a bit of relief to GMT price, pushing it to 0.7 area. If support doesn't hold, we might see price falling to the next...

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RSR has been experiencing very strong buying momentum over the course of the past days, galvanized by the upcoming mainnet launch at beginning of October. Price action has been generating higher highs, reaching top of >0.0085. RSI and MACD have been crunching lower highs instead, suggesting we might experience a bearish divergence which can push prices lower in...

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Reef has been following un upward trend in the last couple of days and it is currently on the brink of a directional change, in case it breaks the uptrend support. If history repeats itself , we might see a bounce in the next hours. Stay cautious and use tight stop loss