BTCUSDT bounced off of a minor support zone around 53.5k yesterday and currently heading to the minor resistance at 55.5k. If the momentum still holds, the next stop would be the next minor resistance at 57.5k.
BTCSUDT formed a candle which looks like a hammer yesterday after a series of bearish candles. The pair bounced off of both the minor support and the upper trend line channel.
60k is the current resistance now, and that's my short-term target.
It looks like BTCUSDT (in its 3rd day) is currently still testing the current support area between $42k - $44k to establish what it seems like a strong support. If the support has been established, the pair may go to the $47k - $49k resistance zone.
Two things that holding TRXUSDT from making a big move are the 50 EMA that's acting as a support and the down trendline that's acting as a resistance. The pair needs to break out from one of these to determine its next move.
IQBUSD bounced off the support area on June 22 and got back above the monthly 50 EMA on June 25. The pair made a sizeable upside move on June 30 and have been trading sideways since then. The pair is currently breaking out of both the down trendline resistance and current resistance areas. If it has managed to stay above both of the resistance zones, it may move...
KCSUSDT hit the monthly 50 EMA and bounced off it on June 22 and broke out the nearest resistance area. The pair had been trading sideways since then for a few days. KCSUSDT is finally broke out of a nearly 3-month downtrend line on July 03 and continued to move up. The pair went further up and broke a resistance zone without slowing down. It reached another...