QTUM has fallen right back down onto trendline support as well as the demand zone
A strong bounce from this area would show that QTUm might be ready to retest the previous local highs and break out from this accumulation zone
Trendline support must hold or we could revisit the lower demand zone
HOT looking decent here dropping slowly back down to support
If we get a bounce in those demand zones below, we could see a repeat of the previous rise in price on a extremely low sat coin
BTC continues its crazy run but ran into serious resistance here at around $5,500
It was an area where we paused right before the dump to new lows. If we can break above this level than 5800-6000 is on the cards.
Hedging long positions here would be a smart idea in case we do pullback as the gaps below are plentiful right now to go and close
A close back below...
GNT pulled back perfectly into support, tagging the 100MA and bounced right back
We can see it breaking back above support and could make its way back up to resistance and move higher to other targets!
LINK broke out of its descending trendline and is currently breaking into resistance
If it can break above here, a test of ATH is on the cards and could very well break up higher into price discovery mode
STRAT starting to look good here as we continue to accumulate at the bottom.
We have crossed into supply zone right now and a push above could see a quick move to the target zone
CMF continues to increase and volume starting to pick up
LSK has now moved above all MAs and consolidating right under resistance ready for its next leg higher.
We are seeing a cross of the 50/100MA with a rising CMF, which affirms our bullish bias.
We could see LSK head for it next targets above if BTC doesn't see a sharp breakdown.
Siacoin looks ready to move off of this 5-month accumulation period with targets set way above!
We could see a pullback to the EQ but we are sitting on the 50MA right now so we could very well bounce here.
BTC has broken below the Tenkan and could be heading towards the Kijun/cloud bottom before we see a potential bounce.
If we hold the bottom of the cloud and bulls defend it with volume, we could potentially see an E2E trade back up to $4,800.
We can also see a bullish kumo twist, which is a good sign at the moment for bulls as long as we don't crater...
ZRX pulling back into support after breaking above guppy is a good sign but we do need to watch out for this pullback as volume has followed this move down.
Continue to see the valid CRUP signal, which is good for bulls!
Target still remains at the 200MA
XMR looks like it is the next to join the party. It has bounced off support so far but could see a brief dip down to trendline or even the lower support zone. Looking for entries in those areas could be a better R/R for the move higher!
Ascending wedge has formed as well with a break above that resistance adding fuel for a breakout higher!