ATOM is facing resistance from falling trendline and 0.618 fib level. It needs to break above this level with strong volumes to target 15.4 and 17. Failing to do so will lead to 12 and a retest of 10.5 can be seen as well.
BTC is trading in a range of 22400-23200 after giving a strong upside move. Range bound is a good sign as it allows oscillators to cool down on the lower timeframe and make a bigger move next time. Breaking above the range with volume and sustaining above it will take it to 24900 target. Breaking below will call for a retest of 21600.
HBAR looks ready for an upside move after breaking above the falling trendline and testing the resistance level multiple times. It just needs to break the last resistance of 0.0628 and sustain above it to target 0.0671, 0.0738, and 0.0829.
As expected and discussed in the previous idea, BTC closed below the rising wedge and fell from 23300 to 21300 in just 2 days. Now there is another trendline support around 20950. If btc honors that support, then a move towards 25500 can be expected. Otherwise, 19000-20000 will be the next range where it will take support.
Btc is currently in a rising wedge and they usually breakdown. Breaking below 23300 will lead to 19000. However, if it manages to close above the wedge i.e. 25500 then we can expect a move towards 27000 and 28000. It is also currently facing resistance from EMA12 weekly.
Burger/usdt needs to break above the falling trendline and horizontal resistance of 1.64 to give a 30% pump towards 2.15. Keep it in the watchlist. Closing below 1.516 will lead to 0.91.
Bat/usdt has been consolidating in a range for almost 3 months. Looks like it is trying to break above the consolidation and targeting 0.56 now. Keep it in the watchlist.
Bico is trying to break above the trendline. Keep it in the watchlist. Next target will be 0.76-0.8.
LRC needs to close a daily candle above 0.45 to target 0.60-0.65 range.
Dot finally broke above daily EMA12 and 25. It is now retesting the breakout zone and EMAs. Dot/Btc also has bullish divergence. Looks like it will be heading toward 8.5 now. Buy at current price with stoploss below EMA12 (closing basis-If it closes a daily candle below EMA12, then close it.).
I am looking to invest in link between $4-$5. This resistance zone might act as support now. Weekly RSI is also oversold. Sharing Link/Btc chart below as well.
Atom is currently near it's weekly support zone. Those who want to trade can wait for a breakout above $9.7 for the target of $12-12.3. Breaking below the weekly support will lead to $6.8 and even $4.5. Those who want to invest for long term can start accumulating but keep money for DCA.
Just like most of the coins, SFP is also consolidating between 0.39 and 0.44. It needs to break above the consolidation to target 0.49 and 0.57. Keep this one in the watchlist.
TRX is going to retest the trendline again. Breaking above the trendline and the green zone will lead to 0.113 and 0.123. Keep it in the watchlist.
AUDJPY is testing the horizontal resistance and EMA12 on the daily timeframe. Short it at current price for the target of 87.9 and 86.3.
I am expecting this kind of move in xauusd. It has broken below the trendline on daily. It will probably retest it to cool down the oscillator for further downside. Short between 1820-1840 for the target of 1760 and 1680 (Strong weekly support). Goodluck:)
KNC is currently at major support. If someone wants to trade in this market condition, then he/she can go long from here with stoploss below 1.09. Target is $1.8. Breaking below 1.09 will lead to 0.85 and 0.70.
GBPAUD took support from Daily EMA12 and it's forming inverse head & shoulder on the lower timeframe. Watch out for the breakout for the targets marked on the charts.