WOO Network is in this symmetrical triangle for some time and now the price appears ready to POP. Bias is bullish on this chart and it can easily move to 24 cents. Indicators are bullish and this triangle is a continuation pattern for all intended purposes. Volume not great right now, but I expect it to explode once the price break above. Like and follow if...
KuCoin Token has fallen to the key support at $9. Buyers will have to stop the downtrend here, otherwise the next key support will be found at $8. Ideally, for the bull case, KCS will form a higher low here and aims to test the resistance at $11. The bigger issue, however, is that both BTC and ETH are starting to look quite bearish which is not really looking...
I can totally see ETH test $1,400 support before trying to break higher. ETH broke the uptrend as you can see, but everyone needs a break, even ETH, after pumping 61% in one week! I would only get worried if ETH falls under $1,400 or more so under $1,250. If the bullish bias is maintained, then I don't see how ETH can go under $1,400. Some altcoins continue...
While people panic at any pullback, here's where Bitcoin is at the moment. It's doing a nice re-test of the 200 week moving average breakout. If it holds, there is no need to panic, but celebrate. Panic starts if BTC goes under $21,700 again. Patience, the moon will come. 🌔
ATOM is found in a strong rally and has been making higher highs every day. Whenever the price dipped, buyers came in rushing, like today. Should this buy momentum last, then the next key target is found at $14. As you can see on the chart, the buy volume on the last 3-day candle was significant and higher than any since such candle since January 2022. That has...
With another push CRV can leave the downtrend represented by the resistance line at $1.4. This 3-day chart looks quite bullish in my book, but the resistance is still firm into place. However, the momentum favors bulls right now and should BTC not crash the whole market, strong alts like CRV are posed to have a stellar recovery. MACD, RSI and OBV indicators...
Every time BTC reclaimed the 200-week moving average (the BLUE line) the bear market was over. Will this be the case again? 🥳 Find out this Sunday when this weekly candle will close. 🚀🚀🚀 Major market changes happening right now! 👀 Even if you missed buying this dip, the price will likely re-test the blue line again in the future, you better LOAD UP HARD when...
The altcoin market is having a party and KCS is no different, with a lovely price action in this past two days that took KCS above $10! Two digits prices again, nice! Looking at the chart it seems to me that the bullish divergence on this 3-day timeframe may be just starting to manifest itself. The first key resistance is at $11, if that falls then KCS could...
As you can see BTC's price is consolidating in this very tight range between 22.6k (resistance) and 21.6k (support). The resistance is formed by the 200 week moving average that is represented by the dotted blue line and the support by the top of this ascending triangle in blue as well. A successful breakout by BTC above 23k would turn the market extremely...
Nice price action from SOL with a clean breakout from this ascending triangle. At this rate, SOL could reach $60 in a short amount of time where I'd expect some profit taking. Until that happens, don't exclude a re-test of the breakout, so the price could fall to $44 again before moving higher. Bias is bullish on this chart. Like and follow if you liked my idea!
GRT - this thing can run if the market allows. Downtrend appears finished in my eyes. Bullish indicators and chart/price action. A good target 0.12$ if momentum picks up. Volume is not that great, but decent. Bias is bullish, but watch BTC/ETH as they are about to decide where they go next. Like and follow if you liked my idea!
If you checked my past analysis, this pump was pretty much in the cards for a while. What I did not anticipate was this re-test of the breakout with the price falling on the top of this wedge to confirm it as support. Nevertheless, the price action is clear and GRT is well on its way towards 12 cents. Some profit taking at 12 cents could take place so best...
BTC is keen to follow on the footsteps of ETH. This was pretty obvious since yesterday as ETH broke first so today BTC decided to break as well. This was an easy long opportunity. There are two things to watch now: 1. BTC needs to reclaim the 200 Week Moving Average as support, that would be a massive bullish signal. Or at least test this breakout level as...
Bitcoin failed to stay in the ascending triangle and has now closed below it. What follows could be a bearish re-test of the previous support turned into resistance (at $1.8k). Then if buyers don't step up, the price will likely hit lower levels and may approach the all-time low of 2022 at $17k. A lower low would be extremely bearish, but in the past, buyers...
With the market at a junction, this may be the calm before the storm as volatility has been lacking for the past few weeks. This consolidation will likely lead to a massive breakout one way or another. In the case of KCS, we have some conflicting signals. There is a massive bullish divergence on the RSI looking at this 3-day timeframe, but price could continue...
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🚨 Big decision time for Bitcoin 🚨 1️⃣ BTC reclaims the 200-Week Moving Average as support and the market turns bullish 🚀 2️⃣ BTC retest the 200-Week Moving Average as resistance and the market dumps 😭 Decisive price action ahead. Which one will it be? Let me know in the comments. Like and follow if you liked this analysis.
After a 90% correction from the all-time high, Huobi Token may have reached a local bottom. I can totally see it going into a relief rally towards $5. Keep a close eye on BTC however as that one is at a decisive point right now. A break above 22k will likely push HT higher as well. Bias is mildly bullish based on this price action. Like and follow if you...