Chromia bounced off the resistance level. Asset broke trough off the ascending trendline. Bearish movement to support level at 0.128 is possible.
Bitcoin (BTC) technical analysis: Trade setup : After topping out at FWB:31K , price has been consolidating in a Channel Down pattern. We wait for a breakout. Bullish breakout above $28K would indicate Uptrend resumption, with upside to $32K resistance. Bearish breakout below FWB:25K would indicate onset of downtrend, with downside risk to $21.5K...
IMX bounced off the lower boundary of descending channel. Bullish movement to resistance level at 0.789 is possible.
SHIB is about to reach a recent low ! This figure shows the weekly candle level chart of SHIB from the beginning of 2022 to the present. The graph overlays the high points and their connections from the past year and a half, as well as the horizontal lines of the bullish starting positions after the end of mid June 2022! As shown in the figure, due to the...
Litecoin bounced off the 0.5 Fibonacci retracement level. Bearish movement is likely to continue and reach the 83.7.
Kava (KAVA) technical analysis: Trade setup : Kava has traded completely against the market in recent week. This is bullish as it shows that there’s demand for the asset regardless of the overall bearish market sentiment. Price broke above 200-day moving average and $1.00 resistance which are signs of Uptrend. It retested those levels and bounced back up, which...
Binance (BNB) technical analysis: Trade setup : Bearish breakout from Rising Wedge pattern and below 200-day moving average (~$300) could signal bearish trend reversal to downtrend. It is however quickly approaching $260 support area and is oversold (RSI < 30), thus price could bounce up near-term, albeit briefly. Patterns : Rising Wedge It usually forms...
XRP is experiencing a pullback after a strong move that happened yesterday. It is bouncing off the support level and the Fibonacci 0.5 level. Bullish movement to resistance level at 0.547 is possible.
Ethereum Classic bounced off the lower boundary of descending channel. Bullish movement to resistance level at 18.05 is possible.
FILUSDT is about to Initiate the second wave of surge ? This figure shows the line chart chart of FILUSDT in the last year. The bottom of FILUSDT is superimposed on the golden section in the figure. As shown in the figure, the highest point of the FILUSDT after bottoming has touched the 2.000 position (9.45) of the golden section above the bottom! Recently,...
Sandbox (SAND) technical analysis: Trade setup : Bullish breakout from Descending Triangle and above $0.60 (also 200-day MA) could signal a bullish trend reversal, with upside potential to $0.70-$0.80. Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will occur in the direction of the existing trend. Most traders will take a...
Cosmos bounced off the descending trendline. Asset broke trough the support level. Bearish movement to support level at 10.23 is possible.
Ethereum is about to accelerate its rise? This figure shows the weekly candle chart of Ethereum for the past two years. The graph overlays the lines connecting the highs and lows of the past two years, the lines connecting the lows and lows, and the horizontal lines of recent key positions. As shown in the figure, after the shape of the head and shoulders of...
Binance (BNB) technical analysis: Trade setup : Trading in a Rising Wedge pattern, price pulled back near $300 support zone, which could be an attractive swing entry with upside potential to $340. Previously, after a bullish breakout from Falling Wedge pattern, price reached our target of $340 but got rejected 4x thus far. That’s also a level where it got...
TRON (TRX) technical analysis: Trade setup : A rare asset that’s remained in an uptrend despite the overall market correction, signaling robust demand from buyers. Price broke bullishly out of an Ascending Triangle pattern, which is a sign of an Uptrend. Price got overbought RSI ~ 80 and pulled back near $0.073-$0.075 support, briefly consolidated in a Bullish...
TRON (TRX) technical analysis: Trade setup : A rare asset that’s remained in an uptrend despite the overall market correction, signaling robust demand from buyers. Price broke bullishly out of an Ascending Triangle pattern, which is a sign of an Uptrend. Price got overbought RSI ~ 80 and pulled back near $0.073-$0.075 support, which could be a potential swing...
GALA bounced off the support level. Asset broke through the descending trendline. Bullish movement to resistance level at 0.346 is expected to happen.
DOT bounced off the lower boundary of horizontal channel. Bullish movement to resistance level at 5.425 is possible.