Binance coin in the dollar pair is very interesting. It has just crossed its historical top and also crossed this huge ascending triangle. For a conservative target, I used the same projection of its last impulsive wave, wave 2, with about 170% of the profit but it still is necessary to wait for it to give us a good entry point.
Ethereum is crossing a very important downtrend line at the weekly chart. It will be an excellent bullish indication if close the weekly candle today above this line.
Another bullish indication that we are able to read in the chart is that it is possible that eth is close to starting another impulsive wave, the third impulsive wave in its...
Cardano is coming back to a very important support zone. It would be a good opportunity to buy this coin for a swingtrade. I would pay attention to this coin in a small time frame for a double bottom or head and shoulder pattern that would indicate that this coin is going to start another upward movement.
XLM is testing an important resistance level after a strong uptrend movement, the RSI is pointing for an overbought level, so we must wait for a correction or some bullish accumulation pattern and enter the next breakout.
Neo Made a faker break out above an important support level and did a bullish pivot. It is indicating that this coin is going to reach the next important resistance level on the dollar.
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Chainlink has broken out an important downtrend line and is accumulating above to try higher levels.
We recommend opening a long position as soon as it breaks this accumulation with its stops below the last bottom.
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It seems that Litecoin is close to turning back to uptrend. It is possible to note that it is inside of a huge bullish wedge and is close to breaking out. We recommend to catch in if it breaks the important resistance of 0.0045.
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We are also paying attention to KNC/BTC witch is breaking a bearish trend on the daily chart
But we must be careful with altcoins at this moment, considering the BTC is recovering some market cap, and if we break 16,600 our next target will be 20k
So we expect altcoins to slump as BTC continues the uptrend movement
Our box is an excellent entry...
Take a look... We may be forming a bullish accumulation pattern on 4h chart called ascending triangle
The entry point is in the blue line, so we going to assume the bullish trend will continue
But the asset is recently listed on binance so we don't have much trade history on this asset to establish support and resistance levels
Bitcoin is breaking out a bullish triangle formation and it seems that is going to reach the next resistance at 17000 dollars.
We recommend opening a long position if it closes candlesticks above the triangle resisatance.
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Cardano is close to an important support zone after a huge correction of its upward movement and it seems to be forming a head and shoulders formation. We would recommend opening long position if it breaks our the neck line and does a pullback.
Hello Dear Friends,
Ethereum is above a very important support zone and recently gave us a very interesting bullish indication with bullish engulf that characterized as a beartrap. It would be an excellent buy opportunity for Ethereum.
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In this video, I will analyze Bitcoin and some other crypto that are giving us interesting technical indications.
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Neo is bearish now. It broke down an important upward line and also confirmed an head and should formation. It seems that it will reach at least the next support zone. We would recommend to open short position if it does a pullback to the red zone.
Binance Coin is inside of an accumulation with similitude with an ascending triangle. It is a good indication that it is coins to reach the next important resistance level in 40 dollars.
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Neo is at the bottom of a huge upward channel and now formed this bullish triangle formation what indicate us that it will continue at least for now with its upward movement. We recommend to buy above this triangle for a better profit/risk relationship.
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Rsr is above an important support zone and it seems that is forming a bull flag. It is in an very good buy zone for a Swingtrade with the two targets showed at the chart.
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