Today price has reached and so far bounced off the Fibonacci support. While the downtrend is still intact, we might see a strong correction as long as support holds.
Introduction: CTK Coin is a blockchain-based cryptocurrency that aims to create a decentralized finance ecosystem. It allows users to earn rewards and participate in governance by staking their coins, making it an attractive choice for crypto enthusiasts. Current Trend Analysis: CTKUSDT has recently found support at the 78.6% Fibonacci retracement level,...
Introduction: Synthetix (SNX) is a decentralized protocol that allows the creation of synthetic assets on the Ethereum blockchain. It has been gaining popularity in the cryptocurrency market due to its unique functionalities and innovative approach to synthetic assets. In this technical analysis, we will examine the SNX/USDT trading pair and provide an overview...
While we have a very conservative upside target, JASMY should fly in the coming weeks. It seems we have bottomed out and buyers are on the hunt.
ADA is being watched by many. And most think that the price has bottomed out. Although a stop loss hunting might take place, sending the price just below the recent low. After that, the rally shall start....
Yet another coin bouncing off the trendline super precisely. This is a strong bullish sight and we can capitalize on this great RR buying opportunity.
CELO looks like the best or safest buying opportunity right now. Unlike many coins, CELO held the trendline and respected the demand zone.
Supply became the demand zone while the price continues to trade within the ascending channel. The recent pullback could have provided a good opportunity for bargain hunters.
We had a strong uptrend across the cryptos, although XLM remains one of the weakest gainers. In fact, short-term trend is turning bearish, and there could be a substantial price decline.
This is the time and moment when cryptos are going to get wild, get ready for the ride, VETUSDT looks super bullish!
WooNetwork drop was stopped at the demand area. This implies bullish dominance and should result in at least one more wave to the upside.
We love this pullback, as we are able to get some WOO at a discounted price. At least onether strong wave up is expected.
ZILUSDT resistance became the support, while the price continues to produce HHs and HLs. This is a strong bullish pattern and there should be a continuation of the uptrend, potentially going exponential.
VETUSDT continues to look bullish and while the price holds the trendline we should see the continuation of the uptrend.
It's getting hot, and LTC should be feeling quite strong. In our analysis, there is a target only for 1 wave up, and there should be more...
We can see a clear bounce off the trendline. As long as the price remains above the trendline, the uptrend will continue, providing an excellent RR trade setup.
UNIUSDT is at the top of the range, which should start inviting short-term sellers. A 10% drop can easily take place unless a new HH is produced.
The trendline has been respected, implying strong buying pressure. Perhaps we might be able to achieve an exponential growth in the coming days/weeks!
