Straight to the point guys, HBAR is looking bullish in coming days, WHY? 1. Weekly resistance was broken at 445, and once that was broken it became support and it is tested and has been rejected which indicates bullish move. 2. Also the accumulation zone between two trend lines has been broken and the new candle is formed above the upper trend line. The candle...
NXS is looking in upward trend as it is making higher highs and higher lows since MAY 2020. Recently. NXS broke the weekly resistance at 2065, which was then tested twice, making it strong support. A new candle has open above Monthly level at 2250. It is going to test the newly created support at 2250. If it is rejected then NXS will be in bullish move. Right now,...
1. MACD histogram showing the bearish divergence. 2.Also the the candle are touching the weekly resistance level. They are going to retrace from there and going to test the daily support at 69. and it breaks 69 we may test 58 daily zone. 3.IOTX has to find a strong support in order to continue the upward trend. 4. Candles have reached the upper layer of Bollinger...
1.LSK has broken the resistance of trend line. The trend started from 10 Feb 2020. And it has broken the trend line. 2. Also there is a daily support which has been tested and rejected indicating a strong support. 3. 1310 is the daily support level and is a good spot to enter the long trade.
BNB is in tight zone. We may expect a breakout in coming weeks. Reasons: 1. Two Greens candle can be seen at end of triangular wedge, making higher high which is an indication for bullish movement. 2. Candles respecting the wedge upper line which is resistance. It may going to test the support and after that it is going to breakout of the wedge in a strong upward...
Once the monthly level at 464 is broken, the move will be bullish. Because, the upper trend line resistance has been broken on 5th test as marked on chart above. Horizontal support is at 411. And resistance is at 464. If 464 is broken then it would be a 15 to 20 percent move above. 2nd case would be if the 464 is rejected again then we may see a test at support...
POE is sitting at weekly support of 23 sats. Monthly Resistance is at 29 sats. POE is going to test the monthly resistance at 29 sats. 24 sats is the perfect entry to go long. And exit the trade on 29 sats, as it can retrace back from there. If you enter the trade from 24 sats to 29 sats, it would be a 16 percent increase in value. As new Weekly candle is formed...
As I have drawn all the important support and resistance key levels, the trend from here is looking bullish but only in following case: - The candle which I have circled has opened above the monthly level at 1346 sats. The candle has also wicked below this level and it was rejected, indicates that this level is a support. Now this candle has to break the upper...
Monthly level has been touched first in the form of green candle. Monthly level was tested 1st time in the form of red candle. It means two tests have been rejected. At the same time the red candle is going to test monthly support level at 1254. So 1486 is the monthly resistance where as monthly support is at 1254. As Monthly level 1254 had been broken so it is...
ETC is going to retrace back after being rejected from weekly level on 1st test at 7252. The candles followed three levels. ( Middle Trend Line, Bottom Trend Line and Monthly Horizontal Level). The middle trend line acted as resistance throughout the downward trend, where as bottom trend line as well as at times monthly level acted as a support. We can call...
I have pinpointed some important things on the chart which shows the move is bullish in coming days. 1. Two Daily rejections on Weekly Support. Indicating support is strong. 2. Candles making higher lows means bullish trend. 3. Enter the trade once a daily candle closes and opens above 5860. 5860 is a resistance level of the weekly zone. during the last 7 days,...
STPT is in tight zone as the candle is currently below 170, we have to wait for new candle. If new candle opens above 170, we may see a retrace back to 195 to 205 zone. But if, daily candle closes below 170, then STPT is going to test both the trend line support at 158 as well as weekly support at 162. Wait for daily candle close. If it breaks the 158 support...
AGI is in the bullish run. After tested the monthly and daily resistance in the zone from 214 to 223, It pull back to strong daily at 199. Support Level is strong at 199, AGI is looking Bullish from here. As the candles following the trend lines as well as respecting the 199 level. You have two options, for aggressive traders, you can put order between 199 to...
Confirmation 1: EOS Bullish Divergence on a weekly time frame. Coming weeks 30% bull run. Confirmation 2: Tested the monthly level at 2479 which is strong support. confirmation 3: Look at the Triangle Wedge, The upper line of the wedge has been tested and respected 5 times. The Red candle is testing the wedge by wicking at the edge of the wedge. We may see a test...
Weekly Resistance has been broken, And COTI tested the Monthly Level retracing back to test the weekly level. 90 percent of the time when a level is broken whether support or resistance it is tested on its pull back and most of the times it is rejected. Here, a new support has been made for COTI, but at the same time we have tested the monthly level as well. But...
Trend seems to be bullish as the candles are making higher lows. Also the weekly resistance had been broken as well as it has been tested and rejected, which shows the 622 is a strong support. KMD is going to test the monthly resistance at 809 and may wick above upto 957 level which has been test 3 times before. Third confirmation is that the trend lines are being...
As seen, the COS has just broken the weekly resistance on the 4th test. Now that resistance has become support, but at the same time there is rejection from next weekly level. Trend line is also acting as a support, but COS has to break 112 resistance as it being tested 1st time after two months. last time it was tested in 26 may 2020, and before that it was...
Short term long trade can be entered as the candle on 4h is wicking the wedge, creating support on the wedge for a short term long trade. Once it breaks the daily resistance we can hope in some good profits. Thanks.