On the 1D chart, it has formed a downtrend line, which it is currently trying to overcome, its RSI shows a cooling off from buyers, making such a breakout difficult. In the Keltner Channel indicator, KSM is positioned at the channel's median, if it looks for the upper line that coincides with the Ichimoku cloud, we can witness the breakout of the downtrend line.
LDO has formed a triangle and right now it is on the triangle wedge and could break up. If it breaks the 1,438 support, it could start a downtrend which I don't believe will happen. A strong technical indicator is the RSI which is a momentum oscillator which measures overbought or oversold stress; in this case it is extremely oversold, indicating the sellers'...
AVAXBNB has broken out of the downside accumulation zone, where its support is at 0.06. However, in the technical analysis, we observed the distance of the pair from the cloud and the great possibility of AVAX seeking its gravitational center.
BTc on the weekly is in a classic triangle formation. This week's candle is already heavily engulfed by the previous week's candle, which indicates that a sequence of buying candles is coming, along with the narrowing of the triangular figure.
Ethereum always working with large volumes made a didactic Elliot pattern, which you can see on the chart. Right now we are accumulating to build momentum for a new Elliot sequel. Another important point is that, despite the LTB having formed, ETH is very little time below the MM200, indicating an impulsive force towards it. Another technical factor that allows...
AVAXBNB 1D – The AVAXBNB PAIR was weighted due to AVAX being strongly influenced by BTC (more than other altcoins) and this in turn went through moments of extra volatility this September. Technical factors such as the RSI point to overbought, in addition, it follows the large accumulation imposed since June 15th, which is already in the throes of accumulation and...
XTZUSDT Even with all the market sentiment worried about the FED's decisions and also the global geopolitical situation, which caused the fall of BTC and that took all the cryptocurrencies with it, XTZ has not lost its accumulation zone that has been passing since September 15, which will probably result in an upward explosion, as the RSI is oversold and...
ATOMUSDT With market sentiment starting to turn bearish, with many market participants worried about the Fed's decisions and also the global geopolitical situation, there was a pullback yesterday again in the price of BTC, affecting the entire crypto market, including ATOM. Meanwhile, technical factors also point to a rally, as ATOM always has a brute buying...
After the brutal price drop between April 3rd and May 26th AVAX/BNB lateralized and fell again. Meanwhile, technical factors also point to the upside in various indicators, starting with RSI oversold, in addition the MM200 puts a gravitational pull on the asset pulling up. This reinforces our bullish conviction in the coming days.