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 )
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.
ONE in BTC pair has made a wedge pattern in the weekly time frame. Daily EMA200 supports it too. So we can buy it in this low-risk area and hold it for weeks for huge profits. Stop-loss can be set under the daily EMA200. Potential targets have been mentioned on the chart as resistance zones.
Good luck! 👍
BTC Dominance is going to reject from the 46% level. I think it can come down to the 44.55% level in the first step. After that, we can see a H&S pattern and continuation of the downtrend to the 41.5% level.
⚠ The pattern doesn't complete yet, so we should wait and see what will happen.