💎Technical Analysis Summary💎 BINANCE: XVSBTC -XVS is back at its previous key support area around the 1900s sat -This is the 3rd time it well tested and it is very crucial -Because as we all know, the more the support is tested -The more it gets weaker over time so this is not good -So please be cautious buying in this region -But if you are, please have a...
💎Technical Analysis Summary💎 BINANCE: EGLDBTC -EGLD is back from its previous minor consolidation last June 2020 -This is crucial, because if this level of support failed -The next potential support below is somewhere around 300s sat -That is quite a heavy downward move if it happens -The Altcoin market is too Bearish as of this moment -So buying at key...
💎Technical Analysis Summary💎 BINANCE: SUNBTC -SUN is heavily on a downtrend since breaking its recent structure -It is now trading just above reverse Fib extension support -There is no sign of strength yet for SUN -Just a little reaction bounce a few hours ago -This is a high-risk trade if you will try to enter now -Please wait for any signals or reversal...
💎Technical Analysis Summary💎 BINANCE: POLYBTC -Polymath got rejected by the strong trendline resistance around 544s sat -The price keeps dropping for 2 weeks now -It is also trading below the 50W MA which is not good -If the candle close below Moving Average -The mid-term price action might become too dangerous -So please always plan your trade and follow your...
💎Technical Analysis Summary💎 BINANCE: AUDIOBTC -AUDIO may have found support around 700s sat -And resistance up around the 1100s sat -We have a potential range channel where the price -Can easily move either up or down direction -If you are an aggressive buyer -Scaling into position is what you are doing right now -With a tight stop loss just below its...
💎Technical Analysis Summary💎 BINANCE: FILBTC -After the strong rally last October 26 -The price has decided to cool down -After breaking its key support around 24000s sat -This breakdown is likely forming a small Bear flag -Which is technically not good in the short term price action -If the Bears can send more follow-through in the coming few hours -The...
💎Technical Analysis Summary💎 BINANCE: GVTBTC -GVT is now testing its key level of support on the weekly chart -We still have 2 days left before the candle closes -As of today, it is quite heavily Bearish -It is not ideal to buy at the support when the selling pressure is strong -Key support zone can easily be broken down like a hot knife through butter -My...
💎Technical Analysis Summary💎 BINANCE: ALPHABTC -ALPHA failed a rally last October 29 rejecting at 270s sat -Now, the price is back from its previous low support around 204s sat -This is a crucial time, it will either hold this area of making a new lower low -Please, use a proper stop loss location if you want to hold this coin -Otherwise, you will pay the...
💎Technical Analysis Summary💎 BITTREX: XVGBTC -VERGE broke its weekly key support area around 34s sat -This is an extremely Bearish signal for this altcoin -There is no strong support until the 9 sat area -Where we can see a previous resistance last April 2017 -This is a -70% downfall from its key support -Please don't try to catch a falling knife A big...
💎Technical Analysis Summary💎 OKEX: KNCUSDT -KNC broke its key support area at $0.85 dollars -There is no strong support until down to $0.69 dollars -If you are looking to buy at the next support -Please wait for any sign of strength to reduce the risk -These areas are only potential support it can easily be broken down -If there are no buyers interested in this...
💎Technical Analysis Summary💎 BINANCE: YFIBTC -YFI broke its key level of support around 1 BTC -The price fell fast and already declined its value move than -20% -There is no clear support down until 0.56 BTC -That would be another -30% downside -Please don't try to catch a falling knife -The market is heavily Bearish -Wait for any signs of Bullish...
💎Technical Analysis Summary💎 BINANCE: BOTBTC -BOT opened the trading action with a strong Bearish candle on the 1hr chart -The price is currently consolidating after the strong sell-off -It is not safe to trade inside a ranging market -Because the price can easily move in any direction -The safest approach to this market is to wait for the proper breakout...
💎Technical Analysis Summary💎 BINANCE: BRDBTC -BREAD confirmes the Bear flag pattern after failing to hold its key support -It also retests the previous support area and confirms new resistance -The market is full of Bearish price action and strong selling pressure -If the downtrend will continue the next few days -The potential support below is the reverse Fib...
💎Technical Analysis Summary💎 BINANCE: BQXBTC -BQX found support at the previous resistance area -We can see a good daily candle but we still have a few hours left before closing -This coin may still have a chance to move higher -Provided it will not close below important key support -We want to see the price consolidate at a resistance area around the 1300s...
💎Technical Analysis Summary💎 BINANCE: OCEANBTC -OCEAN has been performing well despite the recent strong uptrend of BTC Dominance -The price today may have found its temporary top resistance -It will likely to retest its key level of support around 3200s sat -OCEAN must hold this zone in order to continue its potential uptrend continuation -Wait for any...
💎Technical Analysis Summary💎 BINANCE: NAVBTC -NavCoin breaking its weekly key level of support -Though we still have 4 days left -This candle is quite too Bearish -This is a big warning sign if you have a long position -Please consider reducing your exposure -Or follow your stop loss plan -The market for the Altcoins are not good this month A big Thanks...
💎Technical Analysis Summary💎 BINANCE: POEBTC -POE is back at its previous swing low point last May 2020 -Is this a good buying opportunity now? -Technically speaking yes, but can we see any sign of strength? -If there is no signal pressure from the Bulls -Buying at swing key point is still a high risk -Given the fact, BTC Dominance is still strong against the...
💎Technical Analysis Summary💎 BINANCE: MTHBTC -MTH broke its key level of support around the 50s sat -If this daily candle closes red on engulfing momentum -This is a strong Bearish signal and will lead to downward action -The immediate support is located around the 44s sat area -Let us see if the Bulls can defend the level of support A big Thanks for...