Another short-term GEM. There we can see a strong convergence and the same strong support. Targets were mentioned on the chart.
As you could understand, the trend is BULLISH . At the moment the coin is consolidating after a good growth. The support is not strong, but very active . What does it mean? We can see another upward impulse and next rollback to the support. Targets were mentioned on the chart.
The overall situation on the Bitcoin chart has seriously changed. I can relate these changes to the expiration date of the CME Bitcoin Futures. What changed I am talking about? The levels of big positions were changed, so major resistances and supports were changed too. At the moment we can observe a finish of a downward movement, so soon we will see a new...
As mentioned in the previous analysis , the market, after an unsuccessful attempt to grow from the level of support of the channel, fixed inside the zone between 10k and 10220, which was a signal for further descend. We have already described the situation in more detail in the previous updates. If you still are not in short, then you can enter short, most...
At the moment, the Bitcoin is trading within a horizontal channel with a spread between $10000 and $11000. The local levels for buyers and sellers are located at $10220 and $10800 . In the previous update, I told that the first sign of the continuation of the downward movement can be a formation of the horizontal channel which we can see now. At the moment our...
The coin has just broken through the strong resistance and took hold above the one. What does it mean? It means that the ascending channel stays strong. If everything remains the same, next we can expect the breakout of the 36$ resistance and then the 46$ resistance. However, in case the price won't be strong enough, it will dump to the support at $25 - $28 ...
We all know that $RVN is one of the coins which pump in every suitable moment. At the moment we can see a bunch of signs that tell us about possible coming upward impulse: strong convergence and a support. Looks like an up-trend. Makes sense to buy some $RVN , targets are on the chart. Important: please remember that investing in altcoins is extremely...
Well , let's take a look at the our old friend - $LITECOIN , again. Many of you told me that its volumes are not strong enough for a confident upward rally. I can barely agree with you as even these volumes were enough to break through the first strong resistance and take hold above one. $LTC needs to collect some more powers and soon we will see a new upward impulse!
All people tell different things, but we have already proved that TA works on BTC Dominance as well. Previous analysis worked perfectly and lead us to the resistance, let’s see what can we expect further: we have just come out from the triangle which is quite bullish sign. However , or fortunately, at the moment we can’t see any signs of a trend reversal....
I have nothing to say except that I can see a brand new up-trend there. We have two strong ascending supports and one strong horizontal support which is located at the 0.003250 level. In case the price breaks through the horizontal support , the priority will be changed to the consolidation (flat) , but at the moment it is an up-trend.
At the moment the Bitcoin price is located very close to the strong resistance level - $10000. But the most interesting thing about this level is that it can transform into a mirror level . Thus, when the price breaks through the one and fix above, we can see another upward wave to the $10350 level, from where will be formed a new horizontal consolidation ...
On the LTCBTC 1D Chart we can see that the price positively reacts on the horizontal support. Moreover, there is a bullish convergence on the RSI which is also a bullish sign. Looks like a trend reversal.
The local trend of the Bitcoin chart was changed from the upward to the downward . Even though the price has formed a bullish pattern - inverse H&S , the price is located below the support level which breaks this pattern and makes it invalid. Sellers are much stronger than buyers. At the moment the price is located at an important level - $10400 . From...
We can see new magnet level at $12080 , which pulls the price to itself. This upward movement will be a correction of 13k rally, after which the price might fall down again. The power of a magnet level can be spread up to $12475, this point is the strongest local resistance right now. Unlike $12080, $12475 level tends to get wider as the price comes closer....
Well.. you asked me to analyse $BNB - you're welcome ! Unfortunately, Binance Coin is following the local down-trend . The dense black line is a support of the global up-trend. The resistance is located is very close to the current price level - 0.0028 BTC. Thus, we can see that the price is smoothly falling lower, but I want to remind you that $BNB probably...
When we look at the chart, the first thing we see is an ascending channel where is located an ascending wave 1-5. As we know, the continuation of the Wave 1-5 is the correctional wave ABC. Moreover, I want you to pay attention to the fact that all supports and resistance we saw during the last couple of months were ASCENDING , so they made the market...
LINK has formed a strong uptrend . First 1-5 wave has already come to the end , we can see it by RSI divergence and oversold zone on Stotch RSI, so logically we should now have a wave A-B of a correctional ABC . In case the price fixes above the resistance and trades around 0.00039 we can notice a breakout of this resistance to make a new ATH . In case our ...
Here on XRP we can see a movement to a strong upward long-term support , where there's also a strong level of horizontal support. This level is juicy because it is profitable to buy from it, so it’s not a fact that the price should pump exactly from this support. There is an option to go to the level of support : after the upward support will be higher than...