Litecoin appeared to be very bullish once BTC started losing its dominance. No wonder, its one of the most popular altcoins and so every time BTC lose dominance, money comes to LTC. While it look so good with bulls volume pumping, it is time to pull back a little. The size of pullback will determine if LTC will be able to recover from downtrend (which it is still...
Binance coin still in downtrend, but at important support 180-181. Nearest weak resistance at 185-188 and then strongest month resistance at 190. In theory that could be a nice bounce zone, but I can't forget insider info I have about CZ dumping BNB because he wants to buy maximum possible amount of it (as in the very beginning he didn't plan it and too much...
Ethereum dumped by almost 10% and bounced. IF you take a look at week timeframe, you will see that ETH never ended its downtrend. Just keep on falling and falling and falling. The only bullish moment it has, is that now price is near historical all time low with falling volume, which could be a sign for potential reversal, but certainly not a confirmation of it....
While in USDT pair LTC is growing, against BTC its losing as usual. Bounced from 5585 support line, but got stuck under 5750 resistance again. So if will be rejected, that time can actually fall lower to 5500. Getting above 5750 won't make life easier as it will need some time for consolidation, before actually can start grow further. Can assume that if BTC will...
Time to accumulate LINK again. Falling wedge and hyped nature promise good profits in case of breakout. Support zone around 243-252 should be good for entry. Targets 290.
God knows what are the reasons, probably many factors together (testnet, burger king, dash moll and etc), but DASH is growing with huge volume support. On that bullish impulse might get to 6930-6950. But already overbought, so that is definitely not the best place to enter long. Rather look for possibility to short it and close that short around 6300 and 6000
Bitcoin Trash is bullish with bullish BTC. Pushing up towards 217-220. If breaks above, it will be worth just to let it grow with stop loss moving behind lower high values, although nearest targets would be 226 - 235 - 243. If breakout won't happen now (which is most probable), then might pullback to year support at 204-208. Good long zone.
CVC look pretty good at day timeframe, but 4 hours show it might pullback from current resistance zone it is testing now. So there are two scenarios. Either pullback, and then buy zone should be around 0.01825, or breakout to 0.02277, and than buy zone should be on pullback to current resistance 0.0208, that will become new support. Targets for future growth:...
Now 470-490 is the strongest resistance left above. Considering the size of that move already, maybe it will stop the growth for a while. Maybe not. I won't buy it here. Will wait for pullback to 370 and 325 (two entries exponentially growing to lower value). 4 minutes chart for current pump: Here are the news from Voyager ( original text here ): We're...
BNB made a nice bullish wave from 181 support to 195 resistance. Now retracing and already close to potential bounce zone at 187-188. If bounce from there, may form a consolidation channel between ~187 and ~190. Early to predict breakout or dump from that channel. Obviously a lot depends on BTC behavior (Binance coin plays bad against bullish BTC). Will keep...
Happy New Year everyone! BTC closed it around 7165 and so that will be the new important support and resistance zone for all future price movements. Mark it on your charts. Next most important zones are 6430 for support and 8300 for resistance. Within this month closer SR zones at 6800 and 7600 will be surely tested. Today we have pretty complicated situation...
LOOM at good support and should make an impulse move up soon. Target 245-250 resistance.
Matic is in the "middle", while still consolidating after the dump.. Nearest support at 205 and resistance at 226. Approximately equal chances to hit both.
I feel worry for alts, as alts index is close to both horizontal resistance and descending channel border. Breakout will certainly be followed by pumping alts, while rejection will put alts into red zone for 2-3 days at least. Month closing so bearish, that dead cat bounce is actually possible. Week no that bearish - which again lead us to dead cat bounce =) And...
BAT is so bullish and so overbought. Made a huge progress in one and a half days. Now at 2640 resistance and the last one at 2700 is the strongest and should stop the growth. Certainly worth jumping in after pullback to ~2520 - 2460 is over. But now very risky. As I wrote, should pullback either from current resistance or from the next one.
Don't forget at high timeframe Litecoin is within a strong downtrend and now only making a bounce. Early to call it bullish. Now pulling back to 5700. Might wick below that value. Only two days till month and year candles close, and I have to admit, that LTC has a very bearish chart at both timeframes. I wouldn't dare to hold that coin for long. Only to buy...
You know I am not a big fan of that scam project, but now it look like getting ready to test 2680 resistance with potential breakout towards 2770. Early to call for reversal, but if these targets will be hit, Ripple might do something to grow to 2900 - 2990 in 2020 (or earlier).
Made 13% progress in 2 days - pretty much for BCH, so I assume it should pullback to 0.618 or 0.5 Fibonacci level.