**ETH :** This chart looks a bit different compared to BTC , however, kinda in the same situation. Currently just ranging . If flip the 1660-1684 resistance into support. Then it'll go up for another leg up. However a rejection here would take it down to 1564 before any further down later 1500,1382 and 1200 (long term). Mainly because it broke the uptrend ,...
KNC had a pretty impressive rally in the recent times, however, looks like a potential trend reversal for KNC with a rejection at 3.3-3.4$ range. A breakout to the upside would invalidate this IDEA.
STORJ/USDT: A potential Inverse H&S formation on 4hr TF. A breakout above 1.8-1.82 with a 4 HR candle closure can take Storj to 2.2 - 2.4 but conservative target would be 2.2. Plays out only with a breakout .
SAND/USDT: analysis Putting in a potential top here. Bearish div on the daily TF Breaking 4$ to the downside could take this down to 3.6-3.5
A clear break below 54 can take this down to 49 in the immediate short term and a 4 hr break below 46 can take this to 40 in long term because of multiple drives of bearish divergences on 1 hr TF, and a divergence on 4 hr TF. Also , this got a bit too extended , and probably gets pulled back decently to EMA.
KSMUSDT is looking bullish as it established a strong support above 392 and ready to march towards 480. KSM is currently undergoing ABC correction. Presently, we are riding the B impulsive wave and found a stable support above one of the strong previous swing lows at 392 level. As long as we stay above this price , it makes sense to target 480. Nonetheless, if we...
TRX/USDT Starting a potential mini Downtrend . Staying below 0.113 is not bullish for TRX in the immediate short term and essentially a breakdown below 0.10785 with 4hr-6hr candle closure gonna pull this thing back to 0.1-0.092
1 hr TF Staying below 257 is a pullback territory for LTC down to 239-236 because of Hidden bearish divergence on 4 hr TF which will be active as long as LTC is below 257.
AVAX , 100$ is an important psychological level and been a level for profit taking . Bearish divergence on 1h4 -4 hr TF . Will be in play with staying below 99 and could possibly see a correction down to 91-92
Holding above 35951 is bullish and breaking out of 36503 will setup this coin up for a rally till 40604 technically , however , it would be best to aim for 39130 Best entry: 35951 Gets invalidated with a drop below. expected targets are possible only with a breakout above 36503
ETH/USDT is at the edge of breaking out. The forecasted targets on either direction depending upon the breakout!
Huge head and shoulder formation for btc on daily time frame which we broke to the downside and capitulated quickly to 28k. However the fast recovery gave me indications that e might breakback above 42k and eventually bange between 42 and 46k. However , we failed to break 42k region. meaning there is further downside. If we break 35k, aim for 26k for short...