The price recently moved below the lower bolinger band, the last time this happened, the price was up more than 150%. However, now the situation is not the same as it was in the summer. Bitcoin shows negative dynamics, so the growth of INJ may be interrupted. On the other hand, the huge volumes last week inspire optimism. I see two price scenarios if bitcoin...
PNG for a long time is in a downtrend with a clearly visible trend line. As support we have only the psychological level 0.3. As resistance the trend line.
The chart clearly shows the pattern of a symmetric triangle. Recently we went below the lower edge of the pattern, I think it was a false breakout. If the pattern will be worked out positively, we can see an increase in the size of the oscillating triangle (yellow line). Nearest resistance area is 5.1-5.4 Support zone 3.3-3.8
The price is moving along the pattern of a descending triangle. We have the bottom line of the triangle as support. I expect the growth to the resistance of 0.166-0.196 with further touching of the upper line of the pattern (MA20 passes here as well).
Today we will take apart the ONT coin. The price is close to its historical support at 0.34-0.44. During the existence of ONT it fell below this level only once and it was bought off quickly. I expect the decline to the above support with the subsequent growth. Watch bitcoin movements and of course DYOR. The nearest resistance zone: 0.58-0.63
$VRA move along its assigned path. With a consolidation above the 0.29 level, the next resistance zone will be 0.33-0.37. In case it fails to rise above the current resistance level, we could see a fall, but it won't be a significant one, and it will be followed by an increase.
The KAI from my last review has fallen below the support I indicated, to the next support at 0.035-0.039. I am not abandoning my last forecast, however with some timing adjustments. The important thing now is to pass the resistance at 0.05-0.056, that's where the trend line is. IMPORTANT! Watch bitcoin movements during your trades.
Waves close to an important resistance zone. Here passes the downtrend line and also the resistance zone (11.7-13.1). In case of its penetration and fixation above the trend line, I expect growth. Nearest resistance zone: 8.2-9.5 Consider bitcoin movements in your calculations.
Price has fallen below the trendline, but I expect price to return to levels above the trendline. In favor of growth is the fact that we pushed off the bottom bolinger band, i.e. difficult times have passed, and further we can expect growth (but we need to consider the movement of bitcoin). The nearest resistance zone is 1.72-1.82
Price $LTO was below the trend line, but now it is testing its strength. I think the price will come back above the trend line and also will break the resistance, which is near the trend line (0.23-0.26). As support we have the zone of 0.15-0.17 Always consider the state of the market!
We are close to the boundary of the descending channel, tomorrow is the beginning of a new week, and it will start behind the channel boundary, I expect a resistance test at 0.095-0.10 with the further breaking through If bitcoin makes a move lower, IOTX might duplicate the move and in that case, we will have 0.053-0.064 area as support
We need a break to continue growing. I expect a test of the strength of the trend line. However, there are bearish signals on the chart as well. It is a double top pattern, also low volumes do not inspire optimism. In any case, it is important to keep an eye on the bitcoin, which might affect the situation. The nearest support zone: 1.44-1.60 Nearest resistance...
Wax price has fallen below the trend line, but there is still a chance for growth. We have good support at 0.2-0.24 and the volume is the same as during the rise in October. However it is important to keep an eye on the bitcoin, which might influence the price. The nearest resistance zone is 0.36-0.40 and also the trend line.
BAT is moving in an upward channel. Despite the fall of biktoin last 3 months, the upward channel pattern is not broken and continues to work out. I expect price movement to the nearest resistance at 0.98-1.02 levels with possible further correction. As support we have the trend line, in case it is broken through, the next support will be the levels of...
Ocean moves in a falling wedge pattern, but here the situation is a bit more interesting than on other coins. We have a support zone (0.53-0.57) at these levels, as well as support from the bottom bolinger band. In the near future I expect a resistance level test (0.63-0.67). IMPORTANT: Bitcoin price movements can make adjustments to the coin's price, keep an eye...