The price is trading within the confines of an ascending parallel channel.
THETA has just broken above an ascending channel’s middle boundary resistance, restarting the uptrend.
The MACD had flipped bearish but is currently giving out a bullish impulse.
The uptrend is supported by improving technical levels based on the MACD.
Resistance at $8 may either stop...
It is still trading well above $260 and the 100 simple moving average (4-hours).
The bulls are protecting the $265 and $260 support levels. The next major support is near the $255 level (It is close to the 50% Fib retracement level).
There is also a key bullish trend line forming with support near $245 on the 4-hours chart of the BNB/USDT pair
On the upside,...
Dogecoin finally broke out of the symmetrical triangle.
Meanwhile, DOGE is teetering at $0.053 amid the struggle to complete the triangle breakout target.
Notably, the MACD has validated the break by crossing above the mean line.
Besides, the MACD line (blue) cross above the signal line is a bullish impulse.
A minor correction has occurred due to the seller...
Chainlink price is close to confirming a daily uptrend but still needs to climb above another key level first.
Chainlink is contained inside an ascending and broadening wedge pattern on the daily chart.
The next most important resistance level is the high of March 3 at $31.43.
A breakout above this point will confirm a daily uptrend and will likely drive...
DOGE/USD extends corrective pullback from 200-bar SMA.
RSI recovery from oversold area backs the latest run-up.
The downward sloping trend line from February 07 keeps sellers hopeful.
Further upside needs to overcome bearish MACD before challenging the previous week’s top near 0.0645.
Alternatively, a downside break of 200-bar SMA level of 0.047 will recall...
Dogecoin price action from January 30 to-date has resulted in a continuation pattern known as “bull flag”.
The technical formation predicts a 75% bull rally.
This target puts DOGE at $0.1.
For a successful breakout, DOGE needs to move past an immediate resistance level at $0.055, which coincides with the 50% Fibonacci retracement level.
However, only a...
Dogecoin bulls need to cross a descending resistance line from February 07 and 21-day SMA, near 0.0585-90, to gain the market’s confidence in witnessing the 0.1000 threshold.
Alternatively, 50% and 61.8% Fibonacci retracement of late January run-up, respectively around 0.0474 and 0.0379, will be the key to stop the DOGE/USD bears ahead of 50-day SMA, at 0.03257...
