The token is facing rejection 0.1500 level & the level has become a major resistance. bulls seems tired at this point at the moment, however closing above this level would lead to the targets of 0.17 & 0.25 otherwise we may see it coming back to the support levels of 0.13 again.
ATM is Spanish football club fan token. Its previous support level was 5 from where it bounced quite a number of times. However now the same level is acting as a resistance for the toke. If we see the price action from behavioural point of view we see quite long wix o the upside of candles & a sporadic buying is observed in the token by bulls which results in...
Price action is facing rejection from the resistance since previously it was acting as a support. now if it breaks the barrier we can see the mentioned targets to be achieved in the breakout. Fingers crossed !!!
The token has formed rising wedge pattern and the RSI is in Bullish Zone. We can expect the bulls to take on the charge from the key mentioned point for the upside targets. However if the bears dominate and let it not pass, then we can have support levels again for rebuying.
COMP is trading around tough resistance zone, if bulls manages to break this zone we can see the pattern projection targets in the near future. buying above resistance zone is recommended with a tight SL below the resistance. Risk the trade accordingly.
EGLD is attempting Breakout on daily time frame. Price action has formed a triangular pattern however the zone is tougher and bulls will have to make the strong effort to make the breakout possible. Stop loss is always the key.
YGG rejected from 0.9 level for quite a number of times. The token is in uptrend now & closing above 0.92 will lead to the levels of 1+. Looking forward for the breakout. Mkt sentiments are positive, lets see what happens. Any dip in the price will be accumulation opportunity. Good luck!!
The token has faced rejection once again from the trendline. Price action has gone into narrower zone for quite a time and hefty consolidation has been done. We can expect a breakout sooner for 25% gain approx. in case if bulls take the charge. Accumulation in the mentioned zone is advised for upside targets. Stop loss is always the key.
MASK is finally attempting a breakout but seems to be a tough task, 0.618 fib level as well as a key resistance. Price action is in symmetrical triangle so lets see which way it moves. Overall sentiments are positive in the market so can expect the upside journey from here to continue.
MKR has finally managed to break the rectangular zone, If bulls manage to keep the charge intact, we may see the mentioned TP Levels hitting sooner. Keep protection for the downside with resistance level acting as support for now.
LSK has gone into rage after facing rejection from the upside. Lets see if the bulls manages to make it pass this resistance zone for the upside levels. Risk averse traders can play the range for small profits though.
ZECUSDT has taken support after retracing 0.786 fib level. The coin has also broke the parallel channel on the upside so we can expect a bullish move towards 60 levels. Its tricky here though since we have the Fed news upcoming sooner!!
RSR is facing strong resistance and bears seem to be in full control. Currently available at a support, if the support breaks which seems most likely to happen, the we may see the mentioned targets soon.
PYR has retraced to 50% Fib Level after making the upside rally from 2.9. Currently available in its support zone from where we can expect an upside move by the bulls. Price action is getting narrower in the triangular range so this stronger base will help it getting in the higher space.
Stop loss is your friend. Risk the trade accordingly!