💎Technical Analysis Summary💎 -The bulls defended the daily EMA-50 and previous consolidation range -Bitcoin still has juice left and currently testing the previous swing high at 30k dollars -The massive candle wick yesterday triggered big liquidation in the crypto space -We only have 3 days left before April is finished -I will start looking for new swing...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin, after topping out at around 25k last few weeks -The price is now back at its daily key support level -The highlighted box area is previous resistance and flip new support -If buyers will still respect this region, then we could see a bounce from here -If not, the sellers will take over and send the price much lower...
💎Technical Analysis Summary💎 WABI/USD -TAEL WABI coin has been trading above the 200EMA -And establishing a daily critical level of support of around $0.1 -For as long as the bulls can sustain this daily support area -There is an excellent chance to test the 1st key resistance at $0.18 -Then the swing top at $0.26 last September 2022 -For now, BTC is still...
💎Technical Analysis Summary💎 LAZIO/BTC -Lazio finally broke out of this consolidation range after hitting above 450 sat -Before the move up, we can see a good increase in volume -Now, if the bulls can sustain trading above the previous resistance -Expecting another wave to move up in the coming few days -I am looking for a good trade...
💎Technical Analysis Summary💎 CHZ/BTC -CHZ bounces at the 100D-Moving Average for the 3rd time in a row -This seems to be a healthy daily to weekly consolidation range -The price is currently holding above the EMA-23 at 1100 sat -The Bulls is attempting the retest the resistance again at nearly 1400 sat -If the overall market condition plays well in the coming...
💎Technical Analysis Summary💎 DOGE/BTC -Dogecoin is so far finding support at around 400-500 sat -This would be a potential daily key level in the next few days -If the buyers can push the price above 600 sat and hold for a while -And build a tight consolidation range near the recent top resistance -The chances we see an upside continuation increases -I will...
💎Technical Analysis Summary💎 BTC/USDT -Due to the recent crypto space event BTC price is highly affected -The bulls failed to defend the daily critical support region at 18k dollars -The price pierced into and hit the minimum target of this consolidation range at 15k dollars -We might see a temporary halt of the selling pressure and see a relief bounce -But the...
💎Technical Analysis Summary💎 BTC/USDT -The bulls defended the 18k dollar support region multiple times -And after more than a month of consolidation below 20k dollars -BTC has managed to break above the 50D Moving Average & 20k level again -Now, if the bulls can hold and maintain above this red resistance line -The chances to continue higher next week increase...
💎Technical Analysis Summary💎 LIT/BTC -After many months of a downtrend, the price is trading above the 200D MA -This is a good sign in terms of price action with volume during its consolidation range -If the buyers can hold the price above 3500 sat for the next few weeks -There is a good chance this coin will retest the recent high at 6000 sat -Let us see how...
💎Technical Analysis Summary💎 MATIC/BTC -MATIC has been consolidating above the 200D MA since July -The price has retested the 100D MA and acted as support -We have plotted a trendline resistance from the swing top -If MATIC can break above 4300 sat, I see a potential retest of 4500 sat -That scenario will increase the potential break out of this consolidation...
💎Technical Analysis Summary💎 KCS/BTC -After more than 3 months of consolidation and forms a bullish mini pattern -The triangle pattern is likely to break up and continue the trend -If we see a clean follow-through in the next few days -The potential test is the swing top at around 5800 sat which is a 20% increased -We will see how the trend develops next week
💎Technical Analysis Summary💎 KCS/USDT -KuCoin Token may have broken the short-term trendline resistance -The price also found support at 8.7 dollars after a double retest -If the mid-level resistance is broken upwards in the next few days -The potential next target is up to 11 dollars or the swing top of this box -But still, we have to see how BTC will behave...
💎Technical Analysis Summary💎 TRX/BTC -TRX is stuck in this trading range since June or 117 days now -We can see both the resistance area and support level -So far, the bulls have little advance because the 100D MA is holding -I would recommend waiting for a range break (up/down) before entering -To determine the proper structure to place a stop loss
💎Technical Analysis Summary💎 TWT/BTC -TWT has been consolidating just above the previous range area (June-August) -The current consolidation range is running at 70 days now -So far, the 50D MA and 100D MA acting as dynamic support -If the current trend finds continuation, expect an upside break -Interesting coin to watch in the next few days
💎Technical Analysis Summary💎 XRP/BTC -XRP recently broke out of its mid-term consolidation last month -Today, a new consolidation range is building up -If the overall market condition turns good in the next few days or weeks -And XRP forms a bullish continuation pattern -The chances for this coin to move higher increases -I will keep an eye on this
💎Technical Analysis Summary💎 BTC/BUSD -Bitcoin is rejected for the 3rd time by 100MA & 50MA on the daily time frame -Price action is technically bearish with the confluence of the descending trendline resistance -This trend line is also respected 3 in a row and the price is back at the critical support region -The price is nearing the apex of this triangle...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin is rejected by the 100D-Moving Average last week -And the price is back at the key support area around 18k dollars -This is technically not looking in the daily timeframe view -The support becomes weaker over time if the Buyers are unable to bounce up -If this support zone fails, expect a 16k dollar Bitcoin is...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin confirms support of the previous 2017 ATH resistance level again on the weekly candle -This is technically good for the next few weeks of trading because we now have a good support area -If BTC can sustain another follow-through from the buyers, the next resistance target is up to 25k dollars -Many altcoins have...