


CSetup
BNB is good example how accuracy are fis numbers, price one more time acumulatig near important support, potential 30% up move if this will work again .
BAT bounced from important 0.618 fib level support, if break 2740 sats with good volume, it will be confirmation for double bottom pattern. Range of this pattern is around 20 % coinfluence with horizotal resistance, worth to watch for this setup confirmation. Good luck !
NEO broke resistance and noe confirming ascending triangle setup, if this will work , we can see up move to around 10-15% range. Overall we can see changing sentiment on market, usually if that happens, money flow first to major alts, than to mid cap ( for example like NEO,WAVES,Link,BAT ) and next to shitcoins and low cap coins. We must wait couple days for...
Has it bottomed ? Nice volumen spikes seen recently. The price is approching the downward trendline. Hopefully we get broken that major resistance to get the confirmation of change of the trend.
REN has come back above the MA200 Is trying to push throught the major resistance ( upper trend-Line ) forming sth like an ascending triangle. Worth to look after
Looking at daily chart , BTC price hit important resistance creating by midterm downtrend line and MA200 , price retesting also previous broken uptrend line like a new resistance . Worth to watch how will close today and next D1 candles. if bulls will step in near 7800USD , price can move up higher, if not, we will test lower supports soon.
Very interesting situation on LINK. As we see the price has tested for third time the MA200 and rebounced above it on a good volume. We also seen the price has rebouced from a very important support-level and still remains in the up-trend. The crucial is to hold above the MA200 and the Support area ( 24000 satoshi ).
Has it bottomed ? We notice a rejection of 4990 satoshi area that is very important support at the moment. We also can see a break-out of the local trend line accompanied by a decent volume. The MA 200 can be a resistance as well.
We see a third rebounce from the 510-520 area. The volume was increasing while the price slowing. It means there could have been some buyers ( the support area mentioned above ). We are also about to break the downward trend-line the is the crucial resistance and the top of the failling wedge that we can see.
We notice some big volume on LOOM. The price has broken the local trend-line and rebounced from the major trend-line witch is the strongest resistance at the moment. The price also rejected the historical support ( 210 sato area ). The crucial is to hold above the MA200 and 240 satoshi level to hope for higher moves.
We notice some shopping on IOTA. The price has just climbed up to the resistance. Nice volume has occured until now. We see the MA50 that crosses the MA100 that gives us a bullish sign. If the price breaks up the next resistance is about 2490 sato. If it doesn't push we may have the test of 2183 level and 2114 consecutively.
We notice a smooth uptrend those days on BEAM. The price is moving slowly upwards in the channel that could be similar to the ' symetric triangle 'pattern. We are looking for some more of volume when the price approches the top of the formation.
DATA is at interesting place, decison time coming. If price break up, next resistances are around 225/240 sats. If current trendline don't hold, next stronger support is around 160 sats. Also RSI forming triangle. Worth to watch
Last days/weeks we can see FET price moving between horizontal levels, if we measure last bigger move, we can see that price accumulating between fibs. if this will play once again, we can scalp on this altcoin 10-20% with SL around 5% down. Also RSI on H1 tf looking bullish.
BTC propably doing only correction in downtrend, last pushes up provided price to daily resistance area on weak volume. if we cross 7600-7800 on good volume, we can talk about double bottom, but like we said, volume is tolow. on lower tfs we can see forming potential rising wedge with descendingvol = setup to change trend (not confirmed yet) , also we have fresh...
Seems like big players on Bitfinex accumulated they longs when price of BTC dropped last weeks. Interestingo obserwation, new ATH on longs chart
ALGO printing nice falling wedge, but price is under uptrend line, today was fakeout and retest this trendline after Binance team posted news: "Binance Will Support the Upcoming Algorand (ALGO) Network Upgrade " www.binance.com If price will back above trendline again on high volume, propably price will go up again . Next resistance (if price will back above...
We notice a reversal move on BTC/WAVES The price has just broke out from the Ascending Triangle Pattern. We look after the MA's 50 and 200 that may cross and become a Golden Cross thai is very bullish sign.