ChainLink (LINK) technical analysis: Trade setup : Price is trading in a Channel Up pattern. Swing traders can trade the channel (Enter near support, Exit near resistance channel trendline). Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when...
Solana broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 18.77 is possible.
Ethereum (ETH) technical analysis: Trade setup : After reaching $2,150 on a sharp run up, price was overbought with RSI > 70 and traders began to take profits, triggering liquidations of leveraged long positions. This pullback near $1,800 support zone could be an attractive swing entry in Uptrend. Trend : Neutral on Short-Term basis and Uptrend on Medium- and...
Chiliz broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 0.1045 is possible.
Bitcoin broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 26950 is possible.
Avalanche (AVAX) technical analysis: Trade setup : Price is trading in an Ascending Triangle. Swing traders can enter near triangle support trendline (~$17) and exit near $22 triangle resistance, where it got rejected several times this year. Trend traders should wait for a breakout, ideally above $22 resistance, to signal Uptrend resumption. Trend :...
Solana (SOL) technical analysis: Trade setup : Price bounced off of $20 support, above 200-day moving average and above long-term Down Trendline to indicate that buyers have soaked up all the supply overhang and to signal Uptrend resumption. It could revisit our target of $25-30 resistance zone. That’s a stiff resistance area where the price got rejected...
Sol USDT 4HR Bullish Double Bottom Patten Long SOL Entry: 22.580, 22 TP: 23.2, 23.5, 23.8
As you can see, this currency formed a double bottom pattern at the end of its downward trend in the daily time, and then broke its downward trend line and is currently completing a pullback. I expect to make a purchase in these areas for targets 0.8100 0.93 Let's see what happens :)
Cardano bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.4188 is expected to happen.
Ethereum is testing the strong resistance level and bonsing off the descending trendline. Decline to support level at 1808 is possible.
Ethereum (ETH) technical analysis: Trade setup : After reaching $2,150 on a sharp run up, price was overbought with RSI > 70 and traders began to take profits, triggering liquidations of leveraged long positions. This pullback could be an attractive swing entry in Uptrend. Momentum has also inflected bullish again (rising MACD Histogram), which indicates that...
SushiSwap is testing the strong resistance level and bonsing off the descending trendline. Decline to support level at 1 is possible.
Trade setup : Price reached $1.30 where price got rejected and pulled back. It was consolidating in a Falling Wedge pattern and had a bullish breakout, which could indicate a potential trend reversal to Uptrend with upside to $1.05 or even $1.30. Next Fibonacci retracement support level is $0.70 (78.6%) and the next horizontal support level is $0.60. Patterns :...
Stacks broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 0.98 is expected to happen.
STX Break the resistance of downtrend channel. Waiting for retest and potential continue upward movement STX/USDT (LONG) Leverage : CROSS 10-20x Entry : 0.766 - 0.735 Target : 0.7969 - 0.8246 - 0.8478 - 0.8795 - 0.9115 Stop : 0.7239
Binance Coin bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 335.5 is expected to happen.
TRON (TRX) technical analysis: Trade setup : Bullish breakout from a Triangle pattern confirms existing Uptrend. Upside potential to $0.070-$0.075 resistance zone. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support...