DOT finally got to his resistance area at 48$ and therefore as completed 1st target. Now of course i wouldn't recommend buying here as the resistance could reject the price. I see 2 possible plans : 1 : Prices break and close in Daily above the resistance area (above 51$) and we would look at pullback between 48$ to 51$ to enter long. 2 : Prices get rejected...
ANKR stayed above 8ct as stated in previous idea this area was opportunity to buy. Today buyers area rewarded with a big move this morning completing the 1st target area. Now i see 2 plans : 1 : Prices goes crazy and break 20ct, in this case i would see 25ct and 32ct area as 1st resistance. 2 : Prices confirm the breakout on closure today i would then look on...
REQ is still in consolidation around 20ct area where we are also meeting the MM100. I would expect a bounce from here in direction to the top part of the flag, the move would be confirmed by a break of the 22ct. For now prices can range between 18.5ct and 20ct but i would consider this area as buying opportunity with long term view. We can wait for the MACD...
TRU seem to have confirmed a breaking of his flag consolidation, we are for now trying to build a slow growth between upper BB and MM20. The move would be confirmed with a daily break of 70ct and i see 2 possible plans. 1 : Prices stays under 70ct and with time will take support on rising daily MM100 and break the resistance. 2 : Prices break 70ct at anytime...
XVG remain in it's consolidation phase and I'm thinking this could take 2 possible paths. 1 : Testing back the 1.8ct area then bouncing and breaking the consolidation higher. 2 : Going to test the low of the pattern around 1.5ct then bouncing and breaking the consolidation. When i see the Weekly MACD staying in red my bias would go for option 2, ideally with...
SOL had a last move up to the 220$ resistance before consolidating this morning as the whole market is. I'm still expecting 170$ as a last support to be hold for going into further higher move. I would think that on short term prices will bounce from the support area but will fall again as it's most of the time always do. Potentially we could see a fake bear...
ALGO has given a fake break out signal over the last days, as stated in my previous idea this was a possibility, since markets never gives you what you want straight away. Plan doesn't change, I'm adjusting the possible timeline for ALGO to remain in it's triangle while BTC will be consolidating. I would see anything at or under 1.65$ to be a big buy...
BTC is following the consolidation with 57K as support, of course market can always make a spike to go get short SL and we cannot know how big this spike could be since market is always over leveraged. From a technical point of view if we have a Daily close under 57K then we might go into a deeper consolidation but this will have to be checked if it happen....
DXY has found support at 93.6 area with a nice bounce from here, we have lower BB in daily as support as well and MACD H4 well oriented. Another case of intraday trade, i would think prices have potential to go higher into the 94.4$ resistance. We could try a small line long here and see if price confirm the first impulse from this morning. SL under last week...
AMZN has been in a long bullish trend since early 2010. Following the big central bank money printing in March 2020, prices have reached new ATHs but are now unable to continue since Sept 2020. The upper monthly BB is now closing down and MACD has turn red which make me think that prices may have found long term top and consolidation could be going for the next...
As many other crypto, LINK is in a range since May and is currently testing the top of this range. MACD Weekly and Daily are bullish and i would consider anything below 31$ being an opportunity to buy. We would look on 2 plans, with the 1st to wait for a Daily closure above 37$ to confirm bullish move, we could then buy on pullbacks between 37$ and...
VET is in a range since May and is currently on the top of this range. In Daily the MACD is green and in Weekly, MACD is starting to go green too, which mean we have more chances to break this resistance now than we had before. However, prices could be rejected here and the idea would be to wait for a price confirmation with a Daily close above 15ct, then a...
MINA is in a nice configuration for entering into a new higher move. Prices raised since mid July and are consolidating since mid September. MACD Daily cooled off and has now turned bullish. Price are under resistance and under Daily upper BB, rejection could happen so i will be watching for a break of 4.95$ in daily closure. Or a pullback into 4.4$ where a...
WTI is for now still in strong move up and it wouldn't be a good timing to short now. However i would look out on continuation into the 85$/90$ long term resistance in order to try for a short trade. Before entering i would wait for the MACD to turn red and upper BB to start closing, until this 2 conditions are not meet, there is no question to short this...
UMA has been consolidating since end of May into a range between 14$ and 9$. We are now at resistance which mean we could get rejected here, but volumes have entered well yesterday and MACD Daily/Weekly are looking good. BB are also opening in Daily which mean the move could continue and break the resistance. A retest to 12$/11$ area would be an opportunity to...
OXT had a strong breakout of 44ct / 33ct which is the centre of the range with high volumes. Im expecting the prices to retest this area, MACD Weekly has just turned green and the Daily is also bullish. OXTBTC pair seems to have find support and if confirmed could push the usd prices higher. Anything between current price and 40ct (35ct as max bottom) should be...
ALGO had a strong breakout in early September and has been since in consolidation above the 1.5$ area. Prices are in compression days after days and could well go for another impulsive move up. I would wait for the MACD to go green and the upper BB to open before catching up a move as a fake signal could be given. This on is to be follow, we could anticipate...
SOL went straight up to 220$ after breaking 180$ resistance but now we might go into some consolidation above this area. Overall picture of SOL looks good but as BTC could go into consolidation this will weight on all market and therefore SOL would suffer as well. Which would be good and healthy in order to further break 220$ resistance. I would wait for...