$SOL is holding at support at the moment and we see a good long trade possibility for an 18% upward move. However, the trend is still bearish and we do have two downtrends to break out from before we can consider being bullish again. Key levels to watch are : between 80-85$ between 40-50$ between 18-25$
BNB showing an almost perfect Wyckoff Accumulation : A nice break out, target 600 - 800 - 1000 who knows ? Stop loss bellow 560$ if break bellow it an get nasty.
$OMG has bounced gracefully on the support at $7, if it can reclaim support around $8.5, then we cas see an uptrend continuation toward previous highs of $11. We can expect $17 as a short - mid term target (if uptrend continuation is confirmed). Long term target should be around $24-28 as the previous ATH back in 2018. OMG Network has a lot of fundamental going...
$XRP had a huge correction but it still managed to come back and hold above a key support around $1.4. This can be a risky entry for a long, keeping in mind that we are still within a descending channel. If $1.4 support doesn't hold we should be looking to buy $XRP around $1.
PLTR has had a huge growth and is now facing major pullback, the price seems to be reacting to the previous support and looking for a bounce up. Going long here seems to be a rational choice, but keep an eye on the $20-$22 range, because if the price goes below we may witness a huge sell-off.
BTC has dropped under the 100 Daily-EMA, and is now heading toward 200 Daily-EMA. We might see a bounce or even a reversal around 10K$ as it is both local support and where price action may encounter the 200 Daily-EMA. If 10k$ support is lost and the price action goes below the 200 Daily EMA we might see the price going further down toward 9k$ or even 7.5k$. ...
Ultra is one of the most bullish crypto in the gaming field and has strong fundamentals, it is currently at support, and depending on the market new opportunities to go in might appear. Ultra finding support at the moment around the 0.156$ mark, however, as the market is not clear I would not buy at this level. If current support is lost a great opportunity to...
Cardano looks bullish and seems to have more upside capabilities. We are seeing a golden cross on the daily forming, price is heading toward the upper range of the bearish channel. Waiting for a breakout to be really bullish If we break the bearish trend we might look for 0.07$ to 0.1$ Level to watch : Support : Range between 0.035$ and 0.045$ Resistance...
Following the break bellow the weekly trendline, the price has been rejected on the golden pocket of the Fib retracement from the break. Price is not at a cross-road a close above the 0.618 level can set a bullish continuation while a close below the 0.5 levels can lead to a retest of the lows. Levels to watch : Above $10,800 targets $11,350 and $12,150 Below...
EURUSD has been bearish since 2008, as long as there is not a clear breakout of the downtrend it is wiser to be on the bears' side. The fib extension for the downtrend started in early 2018 shows that price has recently tested the 0.5 level and retraced back to the trendline. If price breaks 0.382 level and bears bring more volume (with the current economic...
Gold is fighting with the 0.5 fib extension at this level, a break above can lead to a test of the golden pocket. If the price rises to the 0.618 level there is a high probability of rejection and leading to the lower level of the channel at 1600$-1650$ range.
Keep an eye on the levels between 0.618 ($12.50) and 0.5 ($11.70), a break down with momentum of the $11.70 level might lead to the retest of lows or even look for lower lows. A break out with a good volume of the 0.786 ($13.70), can lead to the $15 levels and even a retest of the trendline.
BTC is respecting the golden pocket of the Fib retracement from the breakdown. likely to drop from here. BTC needs to break above $8K levels in order to show a bullish outlook.
Price has broken above the golden pocket and is finding support at this level. Price has risen above the 50, 100 and 200 EMA, it may have more room to go. Price can go test de $69 levels
The 0.5 level ($14.764) is holding as a support and was acting as resistance previously. We are waiting for volume to show the way. If buying volume comes in we can go look for the $17.5 levels, a break below $14.5 can lead to retest the previous low at 12$.
Tankers stocks are trending up with the actual Oil crisis if the conflict escalates tanker stock may skyrocket to new highs. Following the recent run and the historical day we liver on 20/04/2020, the stocks had a huge rally but RSI is showing overbought condition and Price has been rejected by 200 Day EMA. we might go back to the 50 EMA (hourly), the 20$ level...
One of the late runners regarding home-working solution, showing a reverse head and shoulders pattern combined with a golden cross, we might see more upside to that. RSI has room to grow more to the upside.
ZN is showing bearish divergence as RSI is decreasing. we are losing volume, it may be time for a due correction back to the trend line.