When looking at the daily chart with the fib retracement, we note that LEND has hit the 61.8% retracement level and at the same time the conversion line is crossing the base line of indicator in the oversold zone. Therefore this is a good signal for going long at 178 (61.8%).
But I will be cautious.
When analysing the weekly chart, the indicator shows a...
When using fibonacci retracement, we see that the next target for btc is 7300. It's now trying to break a small resistance zone (the rectangle) and by the way break the channel inside which it is evolving. Eventhough the oscillator on the daily and the 4h chart is quite oversold, panic could lead investors to sell massively.
For quite sometimes now, NLG has been ranging between 122 and 66. It has not been able to break the middle of the range while at the same time the oscillator is oversold. All this increases the probabilty of a fall to 66.
From my analyses, it's after the retest of the all time low that the future will looks bright for NLG.
You already know the first target...
The daily chart shows that MANA ranges between 294 and 411. For three weeks now it is ranging inside a smaller range (333 - 350) without succeeding in breaking the middle of the bigger range. It seems like MANA is bearish in the long term (the oscillator).
In the short term, we could enter long.
When looking at the one day chart we see that btc is inside the kumo trying to break the top of the kumo (the ssb) but is rejected each time. I think it would fall (and the oscillator don't say the contrary) first to the bottom of the rectangle (9054), and if the downfall continue, second to the flat kijun sen (8839) and third to the bottom of SSA (around 8639)....
On The weekly chart, we see that btc is in a area which has served alternatively as support and resistance since february 18. During the weekend btc has tried to break that resistance but has been rejected.
If we consider the chartist pattern (descending triangle) formed for weeks now, we can say that btc is testing the bottom of that triangle before continuing...
For days now price forms a triangle. This is a strong sign of trend continuation confirmed by volumes that are decreasing with price.
On the weekly chart we can see that TRX is bearish with the oscillator close to the overbought zone. Thus the daily price increase will be limited by the tenkan sen and the kumo.
FTC ranges for quite some time now. Price is at the bottom of the rectangle which it has hit 4 times for more than 2 months.
In addition to that the oscillator is pointing up.
I think that you should enter immediatly.
SL: 3% of your capital
TP1: 120 (7% profit)
TP2: 160 (40% profit)
TP3: 199 (75% profit)
Prices form an ascending wedge that is confirmed by the volumes. This increases the probability of a trend continuation.
In the weekly chart we note that XLM is downtrending. So the daily price action will probably be stopped by the weekly flat kijun sen (around 1197).
The daily chart shows a descending channel inside which BTC is evolving.
For many days now BTC is ranging between $7843 sat and $8395. $7843 (the bottom of the rectangle) corresponds to the 38,2% fib retracement level that plays the role of support level that price is trying to break
The indicator is ascending
Xrp has touched the top of the channel that price describes. The indicator shows an oversold situation. The probability is high that it will hit the bottom of the channel (3294 sats) before resuming its upward move.
The weekly chart shows a bearish situation (price under the kumo) and an...
XVG is channeling inside a range (38-47 sat) and is trying to break the resistance ( the top of the rectangle) to reach the top of the channel (51-53 sat).
We note that XVG has broken a trend reversal figure (falling wedge) and the oscillator is pointing up.
The monthly chart shows that XVG has reached its lowest value...
DOGE is trying to break the rectangle inside which it is ranging for weeks now (23-30 sat). When loooking at the weekly chart, we notice:
1- DOGE is downtrending,
2- the oscillator shows an oversold situation,
3- DOGE evolve inside a funnel (sign of a probable breakout),
4- for the breakout to be confirm, volumes have to be high which is not the case here.
The move to the top of the channel is almost finish. You would have to be patient and wait for the price to retrace to the bottom of the channel (corresponding to the bottom of the kumo) to buy.
buy: 2195 - 2210
TP1: 2395 - 2400 (8% profit)
TP6: 3404 (50% profit)
Actually, TRX is chanelling inside a range (between 148 and 185).
- Short term
Look at the weekly chart for the long term target.
In the short term MANA forms a channel.
We note that there is a range inside that channel. So, price could first stop at the bottom of the range (324)
In the long term MANA has good perspectives. The different objectives are given by the fib levels