If fantom gives this type of drop whilst the general market being bullish it'll only make sense (to me) to buy in
If fantom gives this type of drop whilst the general market being bullish it'll only make sense (to me) to buy in.
$mana looks like we have a similar structure to when we had the explosive 400%+ move. Considering that the market generally seems to be recovering, it won't be a bad idea to hop on potential heavy runners.
We have a bullish divergence on $sol D1. Ideally we want to bounce here and sustain the bullish movement. Risk:reward is good for a long here. If it drops below here, r:r is good for a short here. Obviously not a financial advice.
$vet has been the best performing coin in recent times but, the price action of the last few days has been as good as the general market and now we are ranging close to resistance. The breakout is a buy for me. Of course, this is not a financial advice. It never is.
$Avax is one of the big chains in crypto and has rewarded early believers. In fact, early buyers have almost nothing to worry about yet. But, for traders this weekly chart suggests that we might drop to $56 area. The sellers have been adamant maybe they get a good reward soon.
Price is forming a possible heads and shoulder at the base of most significant price area since its last major pump. You will have to zoom out your chart to see this. All I'm saying is price is showing signs of reversal at a really good price area. If you are enjoying my analyses. Pls, like, comment and follow. Grow with me.
$KNC is one of the market' with a different market structure. It has been accumulating between 100% range for around 300 days. Breakouts from accumulations like these can be fast and high. In the short term, price looks a bit over-extended and we might get to see it lower
The market is bleeding but we still haven't lost this support yet. If it holds then my bias stays buying. If we lose here I will be shorting.
The first accumulation happened before a bullish continuation the second accumulation is happening just above the last one that took us to ATH. Technically, this looks good for a long but, also the Solana pay news might be another catalyst to push price higher.
Ethereum is currently priced at a significant area. This price as you can see goes all the way back to last year. If today ends significantly red I will be looking for a quick short. If we stay green then I will be entering a long and spot position. If you take the timeframe to H1 you'd notice that price seems like we are going to continue the bullish flag...
$Axs had one of the best D1 volumes in the market yesterday (30-01-2022). If you look at the wicks below you'd notice good price rejection. I am taking a bite here with invalidation below the lowest wick.
Price is accumulating after a sustained drop in price. The cup and handle can continue as a reversal. It is worth trying a long to $41k for short term traders. Price needs to reclaim $41k before we can think of further movement. As usual apply your risk management especially as I don't see convincing volume on this price yet. $btc
$Sushi last bounced on a critical area. It bounced so well that it defiled $btc downward movement at the time. Currently price is retesting just above the little accumulation that formed on the last support. An ideal trade might be to buy the breakout of the descending triangle.
Firstly, the support has held quite well so far. Right now, price is headed to the top of this small range. Ideal play is to long on the breakout in the hope that we reach the top of the bigger range
Price is beginning to show signs of buy exhaustion here. You can see the bearish divergence being printed. We may see a blow off of the top however, I think price might retrace soon. I will be entering a short if today closes with a bearish engulfing candle.