Taking into consideration the recent news that Binance will be suspending trading for US citizens, many alts have dumped considerably Not to mention we already warned in the last update that altcoins look BAD and that we won't be posting many signals for them and to look for LOW BIDS if you'll be entering Our gut-feeling was right as proper Technical Analysis...
After the impulse a flag appeared, it did not work out; nevertheless, it helped to avoid a rapid rollback down. Now, the probability of a collapse to $ 180 has significantly decreased, although the Power balance indicator signals a decline. Most likely, the rate will drop to $ 200 and stay in a flat by the end of the weekend. Starting from Monday, the volatility...
Neo rebounded several times from $ 11, the appearance of a hammer allowed to resume the upward movement. There is a chance that a small Elliot model will be formed, the first four waves are already there, the fifth should bring the price closer to $ 15. It should be noted that the bullish signal from Chop Zone begins to weaken, which is why the fifth wave can...
BNB chart update Even though BNB is overbought at 4H timeframe, here at day chart it look really bullish. Volume pushing it up testing 440 resistance. If it won't pullback below 436, we might see it growing for more. Main targets would be 455 and 470. If retrace, than buy back zone it around 410.
I will daily post simple non technical summary of altcoins Follow me for daily updates Summary:Eth is still overall in downtrend but also showing some short term bullish signs
here is a chart of EOS, the chart shows that EOS is near of its short-term Downtrend and showing strong bullish signs