BNB/USDT BNB is on a 4hr TF down-trend and a symmetrical triangle which price might break either 1 direction. To trade this kind of pattern is to wait for a breakout to confirm which way the market wants to go. Break above $16 might push to the upside or break below $15 will give bears much control in the downtrend market.
BTC/USD Bitcoin is trying to establish a bullish trend as price is now trading outside trend-line plus 50/100MA cross and potential Higher Low might happen if price breaks further upside to 7800 regions. We need to see Bitcoin consolidate above 7400-7500 to keep the initial bullish momentum alive in the coming day or two.
DENT/USDT DENT is slowly breaking outside this bullish pattern but we still need the price to get above 50 Day MA with convincing volume. If we can see price action to the upside in the coming few days, and a Higher Low for the first time. There will be a sign of weakness against the bears. I will watch this coin develop further.
DUSK/BTC Dusk finally broke the down-line resistance and 50 Day MA. Made a Higher High and Higher Low, a potential daily trend change is on the way. We need a healthy pullback to the previous resistance to turn into new support. I have highlighted in the chart where we can expect a bounce.
ZIL/BTC ZIL broke the resistance, made new Higher High and Higher Low. If he can hold above this resistance for a Day or two, There is a high probability to continue the uptrend up to 200 Day MA resistance level.
MATIC/BTC One thing is for sure, MATIC went straight to the moon without stop. This is a 101% parabolic move as no support is built during its uptrend. Stay away from this coin, Do not buy or you will get rekt when the ship starts to sink. The best we can do is to watch and wait if he can hit an all-time high price.
FET/BTC FET has temporarily topped out at 889 sats but that is normal as RSI went too extended in the overbought condition. Price is on a decline for a healthy pullback into potential setup another Higher Low. I have highlighted in the chart where the support or buyers may step in.
BTC/USD Bitcoin is trap inside this bearish triangle as all moving averages are acting as resistance together with the downward trend-line of force. If BTC unable to break this to the upside and come back to retest the support at 7200-7100, there is a high probability it will break to the downside to retest the 0.786 Fib support or the swing Low at 6500.
XVG/BTC Verge is set on another leg up as new Higher Low is established. After breaking the down-line resistance, buyers started to step in. Price is expected to move up in the coming days.
THETA/BTC THETA is trapped inside this falling channel but consolidating with strong support between 950-1030 sats. A bullish candle is starting to develop now and if this candle will close later. this will signal an early sign of bear weakness which will result in a potential daily trend change and breakout this channel of resistance. I will observe this coin...
LOOM/BTC LOOM broke above the down-line resistance and Daily 50/100 MAs. Volume is getting ready to build up momentum and RSI starting to move higher too. Higher Low is now set and Scouting for Higher High. Entry Targets: 0.00000256 - 0.00000285 Take-Profit Targets: 1) 0.00000310 - 12.5% 2) 0.00000320 - 12.5% 3) 0.00000343 - 12.5% 4) 0.00000357 - 12.5% 5)...
OMG/BTC OMG made a higher high last Nov 16 but the price went below 50 Day MA and it's on a deep pullback. If OMG can hold support between 950-1000 sats and bounce above 50 MA, there is a high probability that a new higher low is now set and potential daily trend change.
ATOM/BTC ATOM is on a strong uptrend with a series of Higher Highs and Higher Lows. Yesterday, it officially entered a Bull market after the 50 Day MA and 200 Day MA cross up. If ATOM can find new support and build a new Higher Low between 4800 sats, a strong leg up is expected to reach the 0.618 Fib resistance.
BTC/USD Bitcoin pumps 10% yesterday but failed to hold the 7400 immediate area of support. Bulls may have temporarily bounce at 7200 areas that coincide with the down-line trend-line of support If price can hold this longer than there is a chance to move higher. Bitcoin must not break previous Higher Low support at 7100 otherwise it will open doors to the 6900 support
ENJ/BTC ENJ has now broken the previous High and new Higher Low is built. I am looking for a retest of previous resistance to turning into new support. ENJ is ready to break bullish with this Ascending reversal pattern. The daily trend is now starting to change direction from downtrend to uptrend market structure. Entry Targets: 0.00000820 -...
ETH/USD ETH broke the 4hr down-line resistance and made a new Higher Low at $143. There is good volume after this candle to backup the bullish momentum. Though the price is fighting to get above 50MA, this will take few more hours to consolidate and make another leg up if there is still left in the tank. Changing the 4hr trend will help gain more upside action...
PERL/BTC PERL is starting to make a move today, as the price is already trading above 50 Day MA. We can see the green volume is picking up, and if the price can close above resistance today then there is a high probable upside action is about to happen.
Bitcoin went on a 10% pump and filling the CME Gap between the 7500-7800 region. Now that BTC is above MAs in 1hr TF. It would be healthy to retest the resistance before at the 7400 regions to confirm new support. If BTC can hold it, expect the momentum to shift bullish again in the short term. What we can do now is observe more price action at this level to...