Evening Traders, Today’s analysis – UNIUSDT- trading above a key Daily level with further upside probable, Points to consider, - Price Action Broadening Wedge (Partial Decline) - Daily S/R Support - Volume Influx - Oscillators Bullish Control Zones - Swing High Objective - Fibonacci Extension Targets UNIUSDT’s immediate price action is trading in an...
Evening Traders, Today’s second analysis – ZECUSDT- trading in a falling wedge pattern that typically breaks bullish, Points to consider, - Price Action Bullish - Local S/R Support - Swing High Target - RSI Divergence - Volume Influx ZECUSDT’s immediate price action is bullish trading towards its apex, this allows us to have a bullish bias on the...
Evening Traders, Today’s Analysis – LTCBTC breaking out of its 80 day consolidation, setting up a clear level trade. Points to consider, - Trend higher high - S/R Flip Retest (Local Support) - Immediate target (Weekly Resistance) - Oscillators above 50 - Noticeable volume influx LTCBTC has established a technical higher high, early signs of a trend change...
Today's analysis – ONT/BTC – establishing an S/R flip retest above structural support. Points to consider: - Bullish price action - Trend Reversal - Support Confluence - Volume Influx - RSI ranging above 50 ONTBTC trading in a healthy uptrend, breaking its structural resistance with multiple bullish engulfing candles indicating strong buyers in the market,...
Today's analysis – GO/BTC – Establishing an S/R flip retest following a bullish break of structural resistance. Points to consider: - S/R flip Re-test (trend continuation) - Increasing volume - 21 EMA (visual guide) - Oscillators above 50 GOBTC retracing and consolidating above structural support; a successful retest of this level will establish a higher...
Today's analysis – XLM/USDT – Retracing after a strong break of structural resistance Points to consider: - Macro trend reversal - Bullish price action - S/R flip re-test - Volume influx - Oscillators overextended - 21 EMA visual guide XLM showing convicting signs of a macro trend reversal as it breaches a key level coinciding with monthly structural...
Today’s Analysis – NANOBTC – consolidating within its daily support zone as holds above the 200 EMA Points to consider: - 200 EMA S/R flip - Macro trend reversal - 55 EMA visual guide - Increasing volume - Oscillators neutral Nanos recent strong price action forming a successful S/R flip re-test of the 200 EMA on the daily timeframe indicates early signs of...
Today’s analysis – LBCBTC – Testing key support, price holding this level forms a higher low; first signs of trend continuation. Points to consider: - Macro-trend bullish - Key level- channel support - 21 EMA- visual guide - Volume influx - Oscillators oversold LBCBTCs macro trend is bullish with consecutive higher lows and higher highs forming a probable...
Todays Analysis – ATOMBTC – Consolidating at key support, an impulse move to structural resistance is probable as it continues to hold above the 200 EMA. Points to consider: - Pivot point (key level) - Double Bottom/probable head and shoulders - Macro trend reversal - Volume influx - RSI above 50 ATOMBTC trading at a key S/R cluster as it breaks and holds...