BTCUSDT has been shaky for a week now, and taking its flat movements and low volume into account, I can say that it's consolidating and ready for a minor move. According to. my Gann Fan strategy Bitcoin is now in a narrow channel between $40000 and $41800. To jump back to $45000 it first has to break the strong resistance at $41800.
On my graph, I've marked the...
Solana ( BINANCE:SOLUSDT ) performed well over the last weeks, and now it's in a correction phase. With Bitcoin's downward movements, it dropped a lot. However, it seems like the correction phase is near to the end. According to my Gann Square analysis, we are currently testing our strongest support and we seem to do well. A small long position can be opened with...
After a huge correction phase under $0.80, XRPUSDT seems ready to try breaking past $2 mark once again. After a double bottom formation, it is seen that a flat accumulation phase has been going on for the last 10 days. When this phase is over, it has to break the $1.40 resistance, which looks like to strongest one. After the resistance is broken, XRPUSDT may reach...
Healthy accumulation zones combined with a consistent volume that sometimes passes BTCUSDT, suggests that ETH is in preparation for the new ATH. A strong daily trend line (almost 20 consecutive green candles) allows the Fibonacci indicators to be more accurate, supporting the prediction of $6940 mark.
KUCOIN:VRAUSDT maintained a healthy increase over the course of almost two weeks. Looking at the huge increase in volume (for this token at least) it can be foreseen that a dramatic increase in price will occur. This is supported by the fact that the price didn't increase in response to the change of volume, thus referring to accumulation. According to the...
Solano successfully formed a double bottom, which will break out from the Fibonacci resistance. This might be a great opportunity for a short-term long position. As you all know, BTC is very volatile due to the decrease in CRYPTOCAP:BTC.D , so I'd recommend you to be extra cautious.
BINANCE:ETHUSDT has been doing great lately. It has a clear sign of bullish divergence and most likely to hit 3200 soon. However, I'd short it until seeing the 2500 mark to catch the wave.
