LINK has managed to rise above the 200-day moving average in the daily time frame. This movement is expected to be accompanied by a long-term bullish wave to the price of HKEX:12 and $18. Try to make your purchases step by step in the current area with low risk and hold until you reach the specified targets. Consider below the support area as a stop loss.
Break out from the descending triangle has been done in MANA chart. Potential targets have been mentioned on the chart.
As you can see BTC has broken the down-trend in the last weeks with two strong green candles. Now I think the pull-back to the broken resistance is in process. By the way, we should wait for the current weekly candle to close. I think if it closes above the 38100 support we will be safe and the uptrend can be continued. EMA80 and EMA100 are our current supports in...
SLP makes a bullish pennant pattern in 4H time frame. We can expect it to continue the bullish trend in case of break out. Potential targets have been mentioned on the chart. Stop-loss can be set under the lower trend line.
As you can see, ARPA is moving in a pitchfork in the weekly time frame. EMA 100 holds it and can act as our final support. So here can be a low-risk area with a ✅ great risk/reward ratio. We can expect it to rise to the median line of the pitchfork and our ⛔ stop-loss can be set under the EMA 100. Try to accumulate it in this area and hold it for the coming weeks...
KNC has made a wedge pattern in the weekly time frame. Breakout also done in daily view and pull-back is in process. Try to accumulate it with low risk and hold it for the coming weeks.
As you can see, ZRX is on strong support in the BTC pair. Breakout of the trend line will happen sooner or later. After that, we can expect an uptrend in the coming weeks. Try to buy it partially near the support zone and set the stop-loss under that.
LINK has just broken the wedge pattern. Try to catch it with low risk. Looks strong in BTC pair and I expect it to grow in the coming weeks.
BAND broke the falling wedge on crucial support and we can expect it to grow in BTC pair in the coming weeks. You can buy it partially for mid-term hold. Stop-loss can be set under the support zone.
FIL is in a low-risk area. I look at it as long-term investing. Stop-loss can be set under the support area.
AST broke the major trendline in weekly time frame. Now pull-back is in progress. EMA 200 is also supporting it in the daily time frame. I think it can be a good choice for mid-term to long-term hold.
XTZ is in the support area. MA200 and POC bar of volume profile indicator are support it. Try to buy it partially and hold it with patience. Stop-loss can be set under the MA200.
VET has made a wedge pattern in the daily time frame. MA200 also supports it. Try to accumulate it from here to the support area and wait for the breakout. Stop-loss can be set under the support area. 🚨 BTC Dominance is on support too. So, LONG trades on alt coins can be high risk now. Don't forget to set stop-loss.
CAKE is on the support of POC line. MA200 also supports it under this area. We can expect it to move up in the coming days. ⚠ BTC Dominance is on support too. So, LONG trades on alt coins can be high risk now. Don't forget to set stop-loss under the MA200. 📆 Fundamental: NFT Marketplace Launch ( 22 Sep )
VET breaks the wedge in the 4H time frame. Buy and hold it until it is moving above EMA200.
BNB is in an uptrend and after 5 days of correction, now it is on the support of median line. If bulls support it here, we can expect to move ahead 0.0108 as the first target. The second target can be set on the top of the pitchfork. Stop-loss can be set under the median line and the mentioned support ( 0.0096 )
The trend line has been broken on the EGLD chart already. Now it is on the median line of the pitchfork. Also, it is supporting by the daily MA200 at the same point. Here can be a good entry for the first step. The broken line and the EMA 200 are our next support. So we can buy there for the second step.
BTC was failed to break 46500 resistance in two attempts. Now it has formed an M pattern ( Double Top ). Also, we can see a bearish divergence in the RSI in the daily chart. So if BTC closes a 4H candle under the daily MA200 ( 45000 ), we can expect a bearish move. In that case, 43700$-43800$ can be the next support area.