BINANCE:ICPUSDT (1W CHART) Technical Analysis Update ICP is currently trading at $79 and price has made significant retrace and currently it is around the support zone. We are expecting this support zone to hold price to bounce back from this support zone. We can enter a long term trade here and do DCA if the price falls down If the weekly candle closes below...
After price has consolidated around the 200 EMA range price has bounced back from the 200 EMA. Also price has broken local resistance around 65K which was crucial to for the bullish trend to continue. Currently price is around 67K and heading towards the resistance which is around the previous ATH 73K (overall resistance zone is around 70-73K range) I'm...
BINANCE:BOMEUSDT (1D CHART) Technical Analysis Update BOME is currently trading at $0.104 and showing overall bullish sentiment Price has bounce backed from the support and assuming if this price holds then we can expect it to reach the next resistance zones. Entry level: $ 0.010414 Stop Loss Level: $ 0.008003 TakeProfit 1: $ 0.011407 TakeProfit 2: $...
BINANCE:WIFUSDT (1D CHART) Technical Analysis Update WIF is currently trading at $2.5 and showing overall bullish sentiment Price has hit it's long term support and clearly bounced back from it. We have clear opportunity for a long trade. Entry level: $ 2.5631 Stop Loss Level: $ 1.8680 TakeProfit 1: $ 2.8583 TakeProfit 2: $ 3.1255 TakeProfit 3: $...
$BINANCE:1000BONKUSDT (1D CHART) Technical Analysis Update BONK is currently trading at $0.02388 and the price is currently at the support zone and currently uncertain on in which direction will the price move. We have two trade possibility here, if the price bounce backs from the support then we can enter a long trade, if the support breaks then we can enter a...
BINANCE:APTUSDT (1W CHART) Technical Analysis Update ATP is currently trading at $7.00 and price has hit the support for the third time, in the past two times whenever price hit the support line it bounced back immediately while giving a decent return on the long trades. I'm expecting similar behaviour this time. Currently price is around the support zone which...
BINANCE:TRUUSDT (1W CHART) Technical Analysis Update TRU is currently trading at $0.147 and the price is currently reversing towards it's support zone and we expecting this support zone to hold strong. We have a good opportunity for a long trade in spot market or with the low leverage. i'm entering the trade at the current price and planning DCA if price drops...
The old "Maybe Bottom" did not hold on the news that Chia Network Inc will sell 200k XCH worth ~ 5 Million USD from the prefarm. The questions are: - How many prefarm XCH will get sold the next years and how often? This risk now is clear visible. - How is the financial situation that selling part of the prefarm was worth the lost in trust? - How far in the...
#AAVEUSDT (4H Chart) Technical Analysis Update AAVE is bouncing back from the support. As you can see in the chart, this is the 4th time its bouncing back from support and every time it bounced back from the support it made significant gain. AAVE/USDT currently trading at $85.24 Entry Level :$ 85-84 Stop Loss: Below $82.52 Resistance level 1(Target) :...
#EOSUSDT (4H CHART) Technical Analysis Update EOSUSDT is strongly holding its support level and now its successfully bounced from the support. We can expect a new resistance at 0.734 level, which is a good price level to move the stoploss to breakeven level. Long Entry level: $ 0.700 - 0.707 Stop loss: below $ 0.678 Target 1: $ 0.734 Target 2: $...
As you can see in the chart, this is the 4th time INJ is bouncing back from support and showing a bullish sentiment. We can this trend to continue and the next target for INJ is around $70 Entry level: $ 28-32 Stop loss level $ 23 Target 1: $39 Target 2: $45 Target 3: $ 59 Target 4: $ 69 Max Leverage: 2x Don't forget to keep stop loss. Follow Our...
Falling wedge is bullish pattern (reversal pattern) formed by two converging bearish lines. As you can see in the chart, BINANCE:ALGOUSDT has formed a clear falling wedge patter. If the breakout is confirmed, we can enter the trade around 0.173 After the breakout we can expect a minor correct, however breakout entry should be good and position can be average...
BINANCE:ADAUSDT (4H CHART) Technical Analysis Update ADA is currently trading at $0.5251 and showing overall bullish sentiment. ADA just broke out from descending triangle and showing overall bullish sentiment. If this trend continues, we can expect ADA to new highs soon. Entry level: $0.4980 - 0.5258 Stop loss level $0.4175 Target 1: $ 0.6160 Target 2: $...
As you can see in the chart, BIGTIME had significant correction (-67%) and it hit it's support line at around 0.3 multiple times. With such a large correction -67%, we can expect some bounce back to recover the price. As it is currently consolidating around the support line, it can take few days to bounce back. We can enter a new trade once we have clear...
BINANCE:ROSEUSDT is heading towards next support line around 0.106 and, this support line head strongly last two times. Once it hits the support line we are expecting it to bounce back strongly and head towards the resistance level at around 0.1211 Overall ROSE is forming the triangle patterns and breakout from this triangle pattern will give a big move. We...
LINK consolidated heavily in inside the box with the range from 12 to 16, this was a good range for link to consolidate and get ready for the next target. As the link is currently broken out of the consolidation box we can expect the price to reach 25$ easily. We can enter position at current price (18.5$ ) and our first Target is 20$ and last target is...
BINANCE:BLURUSDT (4H CHART) Technical Analysis Update BLUR is currently trading at $0.6676 and showing overall Bullish sentiment Price currently broken out from the resistance line. the next target is around 0.75 which is our exit price. Entry level: $ 0.6479 - 0.6677 Stop loss level: $0.5604 Target 1: $ 0.6940 Target 2: $ 0.7361 Target 3: $ 0.8270 Target...
BINANCE:MEMEUSDT (4H CHART) Technical Analysis Update TOKEN is currently trading at $0.022504 and showing strong bounce back from its long tested support around 0.021543 This supported has retested 4 times and two times it bounced back to its resistance level. we are expected the next movement to reach its resistance around 0.029273 range Long Entry level: $...