Trade setup : Price is in an Uptrend, trading in a Channel Up pattern. Swing traders could enter on pullbacks near Channel support trendline (~$45) and exit near Channel resistance trendline (~$65). Trend traders ought to wait for a breakout from Channel. This liquid staking protocol has a steadily growing Total Value Locked (TVL), indicating user adoption, and...
Dogecoin bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 0.703 is expected to happen.
Litecoin (LTC) technical analysis: Trade setup : Price bounced off of support trendline (blue line in chart) and 200-day moving average, and broke back above $90 resistance. Momentum turned bullish again (MACD crossover and RSI crossed above 50 centerline), and price could revisit $100-$105 resistance zone where it got rejected 3x. Hype around LTC-20 (Ordinals)...
CELO bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.577 is expected to happen.
Cosmos bounced off the resistance level. Asset bounced off the descending trendline. Bearish movement to support level at 10.17 is possible.
Trade setup : Price got rejected again (3x) at $90 resistance level and is likely to revisit $60-$65 support zone. It’s currently consolidating in a Sideways Channel ($60-90). Swing traders could Enter near $60-$65 Channel Support and Exit near $90 Channel Resistance. Price is up 70% since we highlighted GMX in Dec 2022 as our “Coin Pick” fundamental research...
Binance Coin bounced off the descending trendline. Asset bounced off the resistance level. Bearish movement to support level at 302 is possible.
Litecoin broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 94 is expected to happen.
Litecoin (LTC) technical analysis: Trade setup : Price got rejected again (3x) at $100-$105 resistance zone and pulled back to $80 support and 200-day moving average. So far it appears to be holding that level and could swing back up to $100 again. Hype around LTC-20 (Ordinals) has driven Litecoin transactions up 500% in one week to an all-time high. Trend :...
Cardano bounced off the descending trendline. Asset bounced off the resistance level. Bearish movement to support level at 0.349 is possible.
JOE bounced off the support level. Asset broke trough the resistance level. Bullish movement to resistance level at 0.44 is possible.
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. Now it’s trading in an Ascending Triangle, which typical resolves in a bullish breakout in the direction of existing Uptrend. In this case, price needs to break above $0.070-$0.075 resistance zone to...
Kava (KAVA) technical analysis: Trade setup : Kava has traded completely against the market in recent week or two. This is bullish as it shows that there’s demand for the asset regardless of the overall bearish market sentiment. Price bounced off of $0.75 support zone, which held up several times in 2023 as well and broken back above 200-day MA, which is a...
Hello traders, here is my view for btc at the moment : Bitcoin was in bearish move since May 5th with increasing volume + open interest and convergence with RSI momentum in daily timeframe, this is a confirmation for strong bearish move. What I expect : BTC weekly closed below 26900 next stop is 25k area BTC weekly closed above 27250 next resistance is 28k...
Binance (BNB) technical analysis: Trade setup : Following a bearish breakout from Rising Wedge pattern, price pulled back near $300 support zone, which could be an attractive swing entry. 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 rejected last...
MIOTA broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 0.16 is possible.
GALA bounced off the lower boundary of horizontal channel. Bullish movement to resistance level at 0.0315 is possible.
Polygon (MATIC) technical analysis: Trade setup : Price broke below the 200-day moving average and $1.00 horizontal support zone, which opens up downside risk to $0.75 support next. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and...