Marketsurferanalytics
$FLMUSD - Getting ready for a jumpHello everyone!
FLMUSD is not struggling to break above the dynamic resistance. There should be a massive push by buyers to break above this resistance to test 0.54 and 0.56 levels and 0.60 and 0.68 levels.
There is also a possible retest of the lower dynamic support of 0.46, so keep an eye on these levels.
Best of luck!
$ENJUSD - Enjin could head downwardsHello everyone!
There is a strong divergence on Enjin chart, please be careful.
The price could drop down to 1.40
$XTZUSD - Wave analysisHello everyone!
Head and shoulders pattern is complete on XTZUSD and starting from here, Tezos should retrace a bit.
The first target we are watching here is 6.69
$XTZUSD - Going to new highsHello everyone!
XTZ is preparing for an uptrend move after a correction.
There is a parallel uptrend channel formed, so following that channel, another high for XTZ is expected at $7.0
$ORNUSDT - Could jump to 9 if above 8.20Hello everyone!
ORN is about to jump if closes above 8.20. Next target is 9 and if closes above that will go higher to 11 and 12.3
RSI and Bollinger Bands are very bullish although watch for a resistance and the volatility today and tomorrow.
$ENJUSDT - Must close above 2.1945Hello everyone!
Enjin shows a great strength and bullish signs however watch for the closing of this 4H bar.
ENUSDT must close above the previous high to continue the run, RSI is overbought, so trade with caution. Wait for the breakout.
$YFIUSDT - Long only above $51KHello everyone.
There is a similar inverted head and shoulders looking pattern being formed on most of the altcions.
Since there is no confirmation, I highly recommend you not to buy or go long especially with leverage.
Yearn Finance is in a descending channel, probably a bullish flag though lacks some momentum, breakout is needed for the confirmation of the short-term bull run.
$BTCUSDT - One more resistance and we are ready to take offHello everyone!
Sorry for being away for some time now, struggled with some Covid19 among our entire team.
Here is our look at Bitcoin right now.
We are bullish? Not yet! This could be another retest of a support as resistance, Only closing above 42500 will give us a short-term bullish signal.
For now let's follow these two possible scenarios.
For sure something is cooking in the market with so many countries banning Bitcoin mining, hence we should be very aware and cautious and don't get super excited. Cold blooded decisions only.