Decentraland (MANA) flipped the MA Ribbon bullish...Decentraland (MANA) flipped the MA Ribbon bullish...
But can MANA break the volume resistance at $3.28?
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Ribbon
Update: #Sandbox #SAND 's 6 tasks on the daily chart ...Sandbox´s 6 tasks on the daily chart ...
1. break the FIB golden pocket (done)
2. break the RSI resistance (done)
3. hold the OBV support (done)
4. hold the FIB 0.786 and volume support (done)
5. flip the MA Ribbon bullish
6. confirm breakout(s) and have fun 😎
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#Enjin Coin #ENJ weekly close and following week very importantEnjin Coin (ENJ) weekly close and following week very important.
There is a good chance to let the MA-Ribbon breakout be fakeout.
RSI needs to come back above the new resistance (old support). OBV still looks stable.
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Can #Kadena #KDA overcome RSI resistance?Can Kadena (KDA) overcome RSI resistance?
And how long will price stay below MA-Ribbon EMA60 before flipping it bullish again.
Last time we had to wait 88 days with a further loss of 72.5% - unlikely IMO.
OBV can give support so far.
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#Crypto.com Coin #CRO able to flip MA-Ribbon?#Crypto.com Coin #CRO able to flip MA-Ribbon?
A good sign was the reconquest of the RSI-support.
Bot a confirmed MA-Ribbon bullish flip should be awaited.
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#Flow just flipped the MA-Ribbon bullishFlow just flipped the MA-Ribbon bullish...
Next resistances are the FIB golden pocket and the FIB 0.786 including volume resistance.
The RSI is near oversold on this 4h chart and a temporary consolidation likely.
But first good signs overall for further recovery.
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Sandbox´s 6 tasks on the daily chartSandbox´s 6 tasks on the daily chart...
1. break the FIB golden pocket
2. break the RSI resistance
3. hold the OBV support
4. hold the FIB 0.786 and volume support
5. flip the MA Ribbon bullish
6. confirm breakout(s) and have fun 😎
What do you think? 😎
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Is Ethereum the next king?While there are differences in the chart of Ethereum and Bitcoin, In general, it can be said that it follows bitcoin.
Bitcoin dominance chart is in the support range and bitcoin loss is likely to be accompanied by more altcoin drop.
The traders were in such a hurry to sell Ethereum that they did not even wait until they reached the canal ceiling!
I will not trade on the pair.
According to my strategy level of certainty is low at this moment.
A little soon to long GBPUSD: An analysis!Two channels are perfectly seen in the chart! An ascending in green and a descending in red!
Regarding the static levels we are far from the strong support and almost close to a seller activity level. Also the midline of the newly formed uptrend channel does not seem very strong and we can’t trade based on it.
At the same time, The Bearish mid-term channel is clearly broken and a reversal and a retest just happened there.
The levels of certainty is low but we can say bulls are a little stronger regarding the trend lines, Channels and Levels.
100 day moving average is perfectly broken but In dealing with 200 days SMA, we encountered a strong presence of sellers.
So moving averages don’t indicate a clear signal too however, bears are a little stronger regarding SMAs!
Conclusion:
Market is not as clear as I could suggest a buy or sell option. I except a consolidation till the bottom of uptrend channel, where strong bulls begin to be appeared, then we will accompany price after breaking or reacting to the bottom.
Although, if in your strategy, indicators don’t play any role, you can enter a long position and take profits in 2 steps at around 1.37 and 1.39. In the case of entering long right now, You can put your SL just under the consolidation box.
Ethereum ETH closed another 5-day candle below EMA26Ethereum closed another 5-day candle below the orange line (EMA26).
Will the current candle be number 12 of 127 after the Corona crash 2020?
And look at the daily price reaction when Ethereum found support at the green MA Ribbon line (EMA 60).
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Bitcoins gains when US Dollars MA Ribbon got bearishBitcoins gains when US Dollars MA Ribbon got bearish...
No real wonder since this is the Bitcoin / USD pair...
...but you can get a hint what gains were made in the past when US Dollar flipped the MA Ribbon bearish on the weekly chart.
And this event might happen soon.
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#CelerNetwork #CELR at well respected MA Ribbon resistance.Celer Network (CELR) still at well respected MA Ribbon resistance.
Can the untouched POC above current price help to break it?
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Dogecoin´s 7 tasks on the 12h chart...Dogecoin´s 7 tasks on the 12h chart...
1. break the MA Ribbon and turn it bullish (done)
2. break the volume resistance
3. break the 200 SMA
4. break the RSI resistance (done)
5. break the OBV resistance (done)
6. break the FIB golden pocket
7. confirm breakout(s) and have fun 😎
What do you think? 😎
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Harmony (ONE) breakout confirmed... Harmony (ONE) breakout confirmed...
...new ATH near.
...price resistance now support
...MA Ribbon still supports
Next resistance to deal with on on RSI.
What do you think? 😎
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#Fantom (#FTM) all time high next door - looking strong.Fantom (FTM) all time high next door - looking strong.
The last breakout is confirmed on RSI and OBV as well - very nice.
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#Ethereum #ETH closed another 5-day candle below the orange lineEthereum closed another 5-day candle below the orange line (EMA 26).
Candle number 9 of 124 after Corona crash 2020.
Will Ethereum follow down and find support at the green MA Ribbon line (EMA 60)?
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#Crypto .com Coin (#CRO) at interesting support...Crypto.com Coin (CRO) at interesting support...
...by 2-Day MA Ribbon and 2-Day RSI - both well respected in the past.
What do you think? 😎
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ChainLink (LINK) flipped MA Ribbon bullish - more tasks to doChainLink´s 5 tasks on the daily chart...
1. break the 200 SMA (just in work)
2. break the MA Ribbon and turn it bullish (done)
3. break the volume resistance
4. break the 50 SMA (done)
5. break the resistance on RSI
Especially the RSI will be interesting.
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Bitcoin support by weekly MA Ribbon with back-up...Time to zoom out...
Bitcoin support by weekly MA Ribbon with back-up...
Back-up:
If that support breaks the 23.61% FIB of BTC Log Growth Curves (orange line) was a well respected support / resistance level in the long past.
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Harmony (ONE) breakout near? MA Ribbon now supportsHarmony (ONE) breakout near? MA Ribbon now supports...
...and still room to grow on RSI .
An increase of momentum on OBV would be nice as well to confirm strength.
What do you think? 😎
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#Polkadot´s 4 tasks on the 4h chart... #DOTPolkadot´s 4 tasks on the 4h chart...
1. breakout of the resistances on RSI
2. keep the MA Ribbon bullish (green)
3. clearly break the volume resistance
4. confirm breakout(s) and have fun 😎
What do you think?
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Will Ethereum close a five-day candle below EMA26 ? Only 7 of 123 five-day candles of Ethereum closed below the orange line after Corona crash last year.
Will this repeat in 2.5 days?
And take a look where the downside ended the last 3 times (green circle).
What do you think? 😎
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