Ethereum has beak down the descending tringle at 3500$. After measuring the triangle it has made the support of 2671. RSI is having bearish diversion too. ETH will see some bounce at 3000 and then have a retest at the triangle lower boundary. At then eventually may go to 2600 for now.
ETH is following the process of price action. ETH broke down main support of 3900$. ETH will be testing lower Fibonacci levels until it breaks the downtrend train line.
ETH broke down main support of 3900$. Eth has downtrend momentum so no longs should be taken, Shorts can me taken upto 0.5 fibonacci level.
ETH has broke its Up Trend line So it is showing Bearish momentum. If ETH breaks 3900 with confirmed breakdown then for end of this month ETH may come to 0.5 fibonacci level which is around 3280. the level 3900 is a strong support level after breakout so if it stays above 3900 ETH may go up for now if it breaks 3900 then this week and month is goona be brearish. ...
Simply Trend break is seen in Whole Crypto Index. For now fibonacci 0.5 level seems to be the support of NCI. If it rebounds from 0.5 level then Ethereum and Bitcoin make new ATH.
LAZIO is making ascending triangle pattern it might come around 5.5$ at its lower trend line if it is stable then we are loking for long position targeting upper trendline.
Ethereum is making a strong support at ~3950 and resistance at around ~4800. Eth breaks strong trend line so we can carry our longs making stoploss at support. Looking forward for shorting when support is breaken about 3950.
After making ATH at 0.8$ GALA is having a correction and is testing 0.5 fibonacci level & EMA20. If GALA breaks and sustain 0.382 fibonacci level LONGS can be taken else if GALA breaks 0.5 fibonacci level sorts can be taken targeting 0.6 level as there is also a EMA50 strong support.
Mana has made all time high and is facing correction right now. It is getting closer to EMA50 as its main support. If MANA stays up ~3.2 it can make more higher high but if it cannot settle down we look for short for now who did not sell when it had a train break (~4.5) hold till 3.2 .
The main uptrend line of BTC has broke and is landing on 0.5 fibonacci support . May be it will go to test downtrend line if it tends to break it has a great future for long position but if it beaks support and rebound through downtrend line we look for more shorts.
As we all know metal verse coin are booming ENJ has a higher posibility to reach highs.
After Btc and Eth Broke Trend the Total index is moving in a down trend channel. Eth and Btc are expected to have a correction.