LTCUSDT 4HLTC formed a perfect accumulation triangle and, breaking the upper edge of this one which is at 76.95, LTCUSDT explodes upwards, seeking 85.05. Before you have to go through the resistances of 77.8 / 79.57.
RSI flat on the chart, indicating oversold and reinforcing the upside triangle breakout.
In case there is a reversal of this trend, I would look for its supports at 75.10 / 74.01 / 72.75.
Suports: 75.10 / 74.01 / 72.75.
Resistances: 77.8 / 79.57.
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SUSHIUSDT 1HA bearish trough has formed on the 1-hour chart, crossing the MM220, where it has been above since the 27th of November. SUSHI has broken lower Keltner channel line and if not strong buying force will make triple bottom at 1.078. This fall in addition to the traditional market situation and world geopolitics, sushiswap is facing a shortfall in its budget that threatens its long-term operational viability. After reviewing expenses, the project's annual maintenance need was reduced from $9 million to $5 million, but the treasury still only foresees about 18 months of breathing space, the developers said.
NEARUSDT 4HFrom the 5th of November to the 21st of November it corrected 58.50%, formed a triangle and accumulation and broke to the top. It is now on a journey to MM200. Its next target on the 4th hour is in the region of 1,815.00 (upper edge of the Keltner channel), after which it should correct to 1,763 and gain momentum towards 2012 in the MM200 region.
BTCUSDT 4HOversold RSI gives us a good prognosis for BTC on the 4-hour chart. Despite this there is a possibility of a pullback to 16872.00 where there is a powerful support line. A limit order at this point is very interesting. From this point, we can plot the following take profits, based on the Keltner Channel points: strong resistance.
Take profits:
TP1=17,041.00
TP2 = 17,216.00
TP3= 17,380.00
SL = Below 16,686.00
XRPUSDT 4HThere is possibility of temporary pullback to lower keltner channel line at 0.3780 . In this case, we can open a long position and wait for the return to the median of the channel.
XRP is in an uptrend as the chart shows with its bottoms rising.
take profits:
TP1= 0.3920
TP2= 0.4037
TP3= 0.4239
SL = Below 0.3423
Fundamentally The good thing about RIPPLE is the low fees. Unlike other cryptocurrencies like Bitcoin, Litecoin, etc., Ripple has a fast transaction time. In addition to this advantage, Ripple has a comparatively low transaction fee, which makes it a very useful cryptocurrency for business purposes.
DXY 1Dthere are two support areas very close to each other on the daily DXY chart, 103.351 and 102.353. If the market moves significantly lower, it may give you a very short chance if it starts to retest these two supports, even more so if data from the US economy remains bad, which is not impossible considering the economy is slowing down.
SOLUSDT H1SOL is down 91% from its all-time high, a significant drop made worse by the monumental collapse of FTX.
On the 1 hour chart we still cannot identify the accumulation figure, the possibility of a double bottom at the level of $11 is on the radar. Depending on the macroeconomic situation, it may also, instead of making a double bottom, form a triangle and break upwards.
Yakovenko announced a blockchain update urging Solana block validators to "update to 1.13.5". He praised the upgrade as a solution to the Solana network outages – which drove down SOL prices.
Here are the supports and resistances on H1:
Supports: 13.14 / 12.77 / 12.04
Resistances: 13.70 / 14.24
Dominance BTCBTC dominance is the percentage that BTC occupies within the market cap of the crypto market. The fall in dominance does not mean that the price of BTC will fall, it indicates that altcoins will rise! Dominance is in a bearish channel and has just lost a powerful support at 40. Is an altseason coming?
MKRUSDT 4HMKRUSDT 4H is trying to break above the EMA50 at the moment, has already broken the LTB that forms the upper edge of the triangular wedge and is now trying to penetrate into the cloud. this level we are facing at 668 will be an important resistance range.
Despite the RSI indicating overbought, we expect buyers to remain in control to confirm this breakout.
Supports and Resistances:
Brackets: 653 / 614
Resistances: 668 / 688
WAVESUSDT 1DWAVES the formation of the LTB (downtrend line) is religiously respecting the cloudiness of the cloud. one of the factors that can lead the asset to meet the MM200 , forming an upward pattern. Another reason for the LTB crash is the fact that WAVES from the top to date has already corrected 94.24%, when it reached $63,880.00.
Supports 1H: 3,056 / 2,835
Resistances: 1H: 3,419 / 3,909
Fundamentally: Waves was initially designed to facilitate the transfer of fiat and cryptocurrency and to optimize asset tokenization. Users can deposit various cryptocurrencies and fiat currencies using the Waves Platform through external “gateway” service providers. Elevating itself as a pioneering project running on the Peer-to-Peer network, Waves has immense benefits to offer, viz. shared relay and parachain security, including impeccable governance. Enhanced infrastructure allows for abundant staking and operability functionality.
These assets can be sent over the Waves platform as tokens and then withdrawn back to their original fiat or cryptographic form via a gateway. All of this can be accessed by downloading the Waves extension in your browser.
WAVES is the native token of the WAVES blockchain, its features:
• governance over the network,
• staking
• bonding.
FTM 1Hthe FANTOM In addition to breaking the LTb that imprisoned it, it managed to pass through the cloudiness of the Ichimoku Cloud that made the asset heavier and also opened a greenish cloudiness, which means that buyers regained control. Follow the supports and resistance on the chart of 1h
S: 0.2811 / 0.2787
A: 0.2874 / 0.2884
LINKUSDT The link has broken through the accumulative triangle and goes to its strongest resistance at $9,360, before going through resistances at $9,009 and $9,360. From the top (05/08/2021) until today, LINK has already corrected 80.93% and in view of the very high foundation it has, we may have ascending times close. His next supports are at $8,764 and $8,591. Your RSI on the 1H chart is overbought, so be wary of going long.
**All descriptions are for reference only and do not guarantee profit or loss on the investment.NO INVESTMENT ADVICE.
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DASHBNB 1DDASHBNB went to lick the lower edge of the channel at 0.1247 where it is, made a pulback and will soon reach the upper edge at 0.1381. There is no resistance between the two points, so it will quickly reach its target.
AVAXUSDT 1HAVAXUSDT 1D. AVAX managed to break the triangle upwards and now faces the weight of the ichimoku cloud. the cooling of the buying forces indicated in the RSI may suggest a brief correction in which AVAX has already corrected 88.28% from its maximum.
Its strongest support is at $17.74 and its resistance at $19.63.
Avalanche is an open, programmable smart contract platform for decentralized applications.
www.avax.network
Here are the support and resistance on the 1H chart:
S: 18.00 / 17.66
A: 18.34 / 18.66
Watch out for volatility today.