QLC/BTC QLC is currently forming a bullish ascending triangle which is typical breaks to the upside. Price is currently sitting at a key area with 50 MA & 100 Day MA strong indicator support. We can see good buying volume as price getting closer to the apex end. This is a good long opportunity with a decent risk-reward strategy.
ARPA/BTC ARPA is still trapped inside this descending channel as the price keeps making lower highs. The next immediate support below is 120 sats and top resistance is 140 sats. Until this pattern is broken, price action will just move sideways within a week. In the short term, Bears have control of this market situation.
BTT/USDT BTT has finally found the bottom? Too early to say that but there are signs that Whales are starting to step in. 1st thing I noticed is the green volumes that we haven't seen for months. Potential Double bottom and RSI divergence are also another sign. But the overall price action I'm waiting for is to get above 3500 sats and hold it. Because it will...
REP/BTC REP is on a steady pullback after breaking above 200 Day MA. Price is could deep lower further around the previous Higher Low and the 200 Day MA area. Market structure is strongly bullish and no red flags yet, we will have just to wait how the price reacts with the 200 MA again.
MCO/BTC MCO is up over 100% move from its swing low, I am looking at this potential scenario of inverse Head & Shoulder pattern if price can hold the support area 5000 - 5500 sats. It is a bit too early to say this will play-out but the fact price is already above 200 Day MA. There is a probability it will soon.
NKN/BTC NKN keeps testing the support level between 276-260 sats many times and we know this is not good because the price keeps making a series of Lower Highs. If NKN can't break above 320 sats in the coming days, I expect this bearish descending triangle is leading to play-out. The immediate target to the downside is the 0.786 Fib support.
LSK/BTC LSK is still on a down-trend structure as the price keeps respecting the 100 Day MA as strong resistance. If Bulls can hold the previous Low at 800 sats and bounce up to 950 sats. There will be a chance for buyers to start stepping in to look for potential early entry Long positions. Otherwise, closed below 800 sats will open doors to the downside.
BTC/USD Anytime soon bitcoin will have to decide which direction it will go. It is really hard to balance who is much stronger momentum with this type of price action. Yes, bears have control as 50 MA is below price trading action but Bulls manage to keep the same Low proves that there is fighting in between. This is where most people get rekt because they...
ETC/BTC ETC is closely trading outside the trend-line resistance and currently testing the 50 Day MA resistance. If the price can close above the 50 MA in the coming days, it will give extra momentum for bulls to completely change the trend.
BRD/BTC BRD is starting to market a move again if the price can close above 3800 sats or hold the 50 Day MA as support. There is a high chance to continue the uptrend structure in the coming few days as the 200 Day MA is about to cross with 100 MA. If everything will play-out perfect, this coin is ready to enter a bull market.
CTXC/BTC CTXC broke the 4hr trend-line resistance and currently scouting for potential Higher Low. If the price can hold between 1000-900 sats, there is a high chance of changing the market trend from down to an uptrend structure. Otherwise, close below 900 sats will trigger more downward action in the coming few days.
IOTA/BTC IOTA price has now reached the 0.618 Fib support and an area of confluence plus descending trend-line support. There is a high probable chance of bounce will happen in this area especially when RSI is approaching oversold condition. We could expect some price action to happen within a week.
KAVA/BTC KAVA broke to the upside of this descending channel with a bullish engulfing candle. If price can hold above the 50 MA and support area of 0.5 Fib. Market uptrend structure will potentially continue up to the swing High at 18000 sats area.
MDA/BTC MDA is strap inside the down-trend channel with a series of Lower High and Lower Lows. Bears are in immediate control as 50 and 100 MA is acting as strong resistance to keep the price below it. Price is currently seating in an area of strong support and hoping for the Bulls to step in to finally end this deep pullback.
XLM/BTC XLM broke the upward trend-line support and now on a deep pullback targeting the 0.618 Fib support area. Swing higher low tends to be a strong area for the price to react plus in a combination of the golden Fib. I expect buyers to temporarily step in and their stop loss would be just below swing Low at 644 sats or lower.
BTC/USD Bitcoin is at the edge of the trend-line resistance, will he break to the upside or break lower low? Technically, market structure is bearish as price action keeps making lower highs and lower lows plus all the moving averages are above us acting as strong pressure to the downside. If price closes below 7060 expect further downtrend action in the coming days.
THETA/BTC 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/BTC 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.