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MATIC, the native token of the Polygon blockchain, chart is one of the best currently on the market. I'm long since $1,5 when it touched support line, but will add more at breakout, then new price discovery mode for this token. Polygon is a protocol and framework for building and connecting Ethereum-compatible blockchain networks, offering an ecosystem with lower...

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Ethereum dipped along with overall market but quickly recovered some of the losses. It started a major decline after it broke the $4,250 support from falling wedge formation. ETH also broke the $3,960 support levels and traded as low as $3,327 intraday. I expect some range trading on these levels, same as we have seen back in May and June. I marked the green...

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It was a brutal week of trading in the digital asset markets with Bitcoin and much of the altcoin market heavily in the red. Bitcoin is down 15% in December currently trades around $47,000. On Friday, December 3rd, the daily high for the asset was around $57,000. Overnight the price collapsed to a low of $43,000. In less than a day, the price of BTC dropped by...

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FTT, native token of FTX exchange is trading in accumulation zone. The area close to $48 proved to be strong support in the past. RSI is picking up and is in positive territory, MACD is also getting momentum. I’m looking to take long position here; the first target being doted yellow line as a top of descending triangle. Second; a break out from triangle would...

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DXDY formed descending triangle and made the break out. Now its testing the support again which is great entry point for a trade. Im looking for the top of triangle as initial target.

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ADA printed - out of the book - falling wedge formation which yesterday broke out to the upside. This is very bullish sign which could trigger more buy orders. Given the positive momentum and overall crypto sentiment, ADA could reach new all-time high very soon. RSI is back above 50, looking healthy and positive. MACD is also getting to positive territory,...

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SUSHIUSD pair is trying to break from ascending triangle with RSI moving above 50 on daily and also MACD picking up in positive territory. SUSHI tested the trendline many times and its now ready to move up towards $14, $18, $23 levels. It can test the trendline again, which would be great to add some more coins. I will post my full target later as we need to...

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LTC price chart is showing bullish divergence by the formation of progressively lower lows by the price candles when the signal line of the oscillator forms progressively higher lows. The RSI can provide technical traders with signals about bullish and bearish price momentum. LTC chart is showing good momentum with both RSI and MACD picking up nicely. MACD cross...

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Ethereum is following Bitcoin and forming a falling wedge as well. It has touched support at $2770 and its now trying to reach upper resistance trendline at around $3200. Any bearish price action would take ETH back down. I'll be looking for short opportunities. A breakout from falling wedge would take ETH to new ATH, which will happen eventually. We need to be...

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Bitcoin is still forming a falling wedge and currently moving to the upper resistance, where I expect strong bear hands that will push BTC down to lower support around 38-39k level. That would be perfect scenario to load some more longs, as BTC will break to the upside in next attempt. We need to be patient on this level and for wedge to play out. Wedges are...

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GRT price broke out from falling wedge pattern, made a retest at $0.62 and continued to grind higher to first major resistance at $1. Daily chart is bullish and I’m looking forward to next major resistance at $1.45 followed by $2.4 as my final target for now. Supports are at $0.755 and $0.627. As always, for such a bullish movement ETH and BTC should stay bullish...

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THETA looks ready to move up some more after the breakout of falling wedge (doted red line). Despite severe drop from +$14 to $3.6 its still trading above long term trendline. First resistance is $9.6, followed by $14.3 and $21.4 which is my last target for now. Supports are $6.7 and $5.2. Any touch of red trendline is good buy.

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Zooming out to a seven-day period, most altcoins in the top 20 by market cap had outstanding returns and most of them outperformed Bitcoin. BTC.D dropped some 5% in last week, hinting a trend of swapping BTC for altcoins. LINK was one of them with massive 100% gain since 21st of July. The price skyrocketed at a breakout from falling wedge (red doted line). The...

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Cardano is moving bullish and despite overall correction in May, it is still holding above long term trendline. ADA touched support for multiple times and always showed firm in place. All dips are being bought which is probably due to anticipation of final deployment of the Alonzo upgrade on the main net which is planned to be in this month. On July 15 Alonzo test...

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The trading channel is a powerful yet often overlooked chart pattern and combines several forms of technical analysis to provide traders with potential points for entering and exiting trades, as well as controlling risk. The first step is to learn how to identify channels. The next steps include determining where and when to enter a trade, where to place stop-loss...

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Bitcoin traded above its 200-day simple moving average at around $45,000. The weekly chart for BTC has been super bullish since the week of Aug. 1 and the last weekly closure was bullish, suggesting more positive moves can be expected. If Bitcoin can stay above its 200-day, the next target is $53,000, if not, the downside risk is to its support levels at $43,500,...

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“The trend is your friend” is one of the best known sayings, although it’s message is incomplete. The full version should be, “The trend is your friend, until the end when it bends.” SXP is moving bullish above trendline, my first target is $3.4 and after that $4.48. SL if it falls under trendline.

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An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action meets the following characteristics: the price falls to a trough and then rises; the price falls...