XRP is in a beautiful symmetrical triangle. Wait to see where we are headed next and buy the re-test. Don't jump in a trade before you have confirmation. Also check Bitcoin before, since there we have a similar situation.
It did not take long for SUSHI to show us its intentions, the double top was rejected as soon as we moved beyond the weekly resistance. Now that we passed this level, SUSHI is in a clear bull move to higher levels. Next target is $3. Aim to long pull backs or tests of support levels (e.g. weekly resistance turned support). Like & subscribe to stay updated!
Lets see if this third attempt will be successful. LTC has found good support on Fib 23% and is pushing higher. Longs are in order with $100 as a good target or pervious top. Like & subscribe to stay up to date!
A pretty clear breakout from YFI, this is an excellent long opportunity. Next levels of resistance on the chart. SUSHI and other alts are also pushing higher, market sentiment is turning bullish the longer BTC stays above 19k. Enjoy the profits! Like & subscribe to stay updated!
YFI has been ranging in a descending triangle and short term bias is bearish. Wait for daily retest or a resolve of the triangle before we can be confident in the next steps for YFI. This price action is similar to BTC and XLM. See link below.
SUSHI has touched the weekly resistance twice now and in both cases we corrected down. Question is now if this is a double top which may signal a deeper correction is due. For the double top to be confirmed the price has to break the local support at $1.9. If that falls, then we're in for a longer correction The bullish case is to see price bounce again on...
XLM is mirroring the BTC charts with price in a descending triangle. Wait for the triangle to resolve and buy the re-test, until then you can play the range, but be mind-full, we are approaching the end of this triangle.
BTC is in a descending triangle. There is not much to do here besides playing the ranges between support and resistance as we approach the triangle apex when BTC will decide where its headed next. The market as a whole looks very bullish, however, don't be surprised to have some cooldown to 16k as indicators on daily and above are bearish. The corrections we had...
Raven is in a nice uptrend and daily is curving upwards on RSI and MACD, this indicates we can expect further up-trend. The first major resistance is at the Fib 38% level and $1.8 cents. If we pass those levels further uptrend is due as indicated on the chart. Raven has lagged in its recovery so far and has been a bit timid about going up, therefore it may...
BTC is in a pennant which will give us a good indication of the next steps in the market once it is resolved. The indicators are bearish and we also have a RSI bearish divergence on the daily. This means we may be due for a correction to lower levels towards 16k again or even 14k. Nevertheless, this is not certain and BTC may choose to smash the ATH resistance...
YFI has broken local resistance and ran for a nice 10% gains. The next levels are on the chart. We are currently testing the 31.5k resistance level which will provide a short relief, but the momentum is very bullish which will be augmented by any BTC rally. Aim to buy any retests of resistance turned support as we go up the ladder as indicated by the arrow...
SUSHI did an excellent 55% run up after breaking the H&S neckline. If you bought the neckline breakout or re-test as indicated before you should have banked a very nice profit! Well done. Now SUSHI reached a weekly resistance at $2.3 and we may range here a bit before re-fueling for a new up-trend with a target around $3.2. Therefore, it is now best to wait...
SUSHI has broken the neckline of the inverted H&S structure. This is bullish. Expect higher levels, first resistances are between $1.7 and 1.9$. Price may revert at resistance or range before moving higher. A good long entry was the retest of the neckline with first target at $1.7. Market is very bullish with BTC pushing above ATH.
Surprisingly, DASH has pushed before BTC to break diagonal resistance and make it support! This means one thing, we're clear to go higher! Now that BTC passed ATH, the market is going to heat up so expect the unexpected in most alts. Watch the support line, we may chop a bit around before we reach the next target at $138.
After BTC did a new historical high, LTC looks well positioned to test $100 level. All market is very bullish.
ATH boys! BTC will close the highest monthly candle in history on 30th Nov 2020. Next target? Moon and beyond.
We approached ATH and BTC corrected, however this was very short lived, lasted less than 2 days and now we returned back to a very bullish and aggressive buying. As you can see the previous rally had an angle of 29 degrees while the current one is at 51! Unless this is a trap for longs (volume is low), BTC may actually do a re-test of the ATH in less than a...
DASH has done a very nice rally to $123 after breaking a multi year resistance at around $88. We are currently cooling down and DASH is expected to re-test support in lows $90. A break of the diagonal resistance will push us higher with a target of $138. Should support not hold then expect price to fall quickly to <$80. Short term bias is bearish, but on...