THETA is starting to make a move now as the price is already trading above 200 Day MA. If it can close the candle above this resistance,
Expect further upside is on the way as 200 Day MA has a high probable turning into new support. Getting closer to a bull market is transforming into reality.
BAT is on a deep downfall for 25 days already without any minor upward price reaction. It is holding the 100 Day MA as support currently and within the area of 0.618 Fib.
RSI is reaching an overbought condition. I expect a minor pump is due for a lower high to be set during this short term down-trend.
CHZ broke below 50 Day MA and hit the golden Fib 0.618 level. Price reacts to this support but not enough to get above the 50 MA.
CHZ could consolidate between 100-122 sats within a week to form support if the price can hold it.
Bearish price action if the daily candle closes below 99 sats.
TOMO is looking bullish as price broke outside the trend-line resistance and consolidating above 50 Day MA.
A Higher Low is now set that will act as base of the strong support area. Price may pullback, for now,
to replenish the big spike that happened recently. The market is getting ready for a complete trend change.
There is a probable chance of Inverse Head & Shoulder pattern if IOST can hold the current price or not closing below 63 sats.
Currently, the price is still acting strong as it manages to hold the 50 MA and 100 Day MA as support.
We could expect the price to consolidate inside this pattern within 1-2 weeks.
ARN fell below the 50 Day MA plus 100 Day MA but currently holding the upward trend-line support. If price can maintain this level within a week.
There is a probable chance to continue the uptrend as the market structure is still valid for a bullish breakout. Otherwise, closed below 1700 sats will start a longer bearish action.
Monero is at the edge of completing the Right Shoulder of the Inverse H & S pattern. If price can break above 7660 sats,
Expect further upside movement as the market structure will turn from bearish to a bullish uptrend.
XTZ is on a strong uptrend a price keeps making a series of Highers Lows and Higher Highs.
As long the XTZ can maintain the price action within this upward channel, expect the further movement to the upside.
Bearish rejection from old support turning into new resistance with a spike in red volume confirming strong downward momentum plus cross of 50 & 100 MA.
It is bearish within this 4hr TF and there is highly probable to retest the 0.786 Fib support. Not advise going Long yet until we break above 7400 and consolidate.
WAVES is starting to make a move with this bullish candle,
but can the price closes today above this trend-line of resistance or 50 Day MA?
We will have to find out in the coming days if potential trend reversal is on the way.
It is still too early to provide a buy signal because this can only be a fake-out.
VET closed below the upward trend-line of support and barely holding beside it.
VET coin is now due for a longer pullback to consolidate between 0.382 - 0.5 Fib Support.
Market structure is still valid bullish as the price is trading above all moving averages especially the 200 Day MA.
Pullback must be over for TROY as the price has broken the trend-line of resistance.
If TROY can push above 112 sats to confirm this Higher Low is now set.
Expect the uptrend to continue up to 0.786 Fib resistance.
LINK finally starting to move after price broke the down-line resistance and potentially setting up new Higher Low.
If price can hold above the 0.382 Fib support, I expect the price to continue its uptrend to retest the previous swing High.
TRON is still trapped inside this downward channel and holding the 100 Day MA as support.
This long deep pullback will be tested within a week once the price consolidates near the end of the pattern.
Will TRON break bullish or bearish? I am not going to enter a trade here,
I would rather wait for a breakout to reduce the risk of guessing.
Bitcoin broke to the downside and an upward trend-line of support is breached as well.
Bears completely have control of this structure, especially in this time frame period.
Increasing bear volume plus MAs cross is a sign of strong momentum to the downside.
The target below is the area of 0.618 - 0.786 Fib level.
OMG!, like I told you from my previous post about MATIC. Do not buy or you will get rekt when the ship started to sink.
Whales are so happy dumping this coin, I'm sorry for those who bought at the top.
We will have to forget this coin again for a couple of months.