AXS/USDT is currently inside a megaphone pattern with higher highs and lower lows. Recently, AXS hit the upper resistance of the megaphone and declining in value at an alarming rate.
On the chart I've marked two important areas of support, S1 and S2. Expect either reversal or consolidation around those areas.
Happy trading!
Litecoin is one of the main alts who, lately, just can't hold up with the other big coins. The continued bleeding has provided us with a bearish triangle trading pattern.
As seen on the chart, the price is slightly reversing from the $125 area, since the bottom support of the triangle is usually quite strong. I'd expect another bullish bump towards the $135 area...
NANO has shown some strong resilience in the last couple of hours, regaining most of the ground that it had lost during the last sell-off.
Seeing this strong price action, I see a potential for NANO to reach the ATH area again in the coming couple of days.
I've marked two areas of resistance, R1 and R2, where I expect a lot of bearish pressure to occur, watch...
