Ascending channel bearish tone looms for BTC. Break of channel structure will see BTC near 27,200 previous support levels. Upgains limited to retest of 30,000 zones.
Weekends seemed to be bearish BTC. As anticipated by many BTC was not able to take back 42,000 key resistance level this week. It is has been 11 days since 19 May big drop. Past major corrections averages 13 to 15 days. For this weekend we are on the sidelines, watching what will unfold closely. We forecast BTC to inch upward back from this weekends lows by 1st...
Since January BTC rose to 64,864 level in mid-April while respecting up an upward trendline which can be drawn from early Jan swing lows. From Jan to April, this steep trend line represented the strong bull momentum which can't be sustained. Steep trendlines and bull euphoria historically don't last long. As a result on 18th April, this up trendline was broken...
BTC drawing descending triangle, a break and close above 57500 will signal strong bullish to test ATH. Fibonacci 61.8 and psychological support now lies at 50,000 level, break of this support will retest swing low on 21st Feb of 42500. Our recommendation remain bullish, with cautious accumulations on dips. Happy trading.
After strong up move COTI trading within 0.36 lower support which have been tested more than 3 times. The upper resistance is 0.47-0.48 region. At current price COTI is almost 40% away from ATH of 0.60. Break of current range resistance will open possibility to retest ATH 0.60, and 0.85
We are bullish BAT and now in accumulation mode. Close above 0.7650 will set strong up move for BAT to re-test ATH again.
At this trade time both BTC and ETH are just off ATH. Alts mostly painting descending triangle. Is this a sign of incoming Altseason. We maintain bullish ALGORAND. S1 - 1.15 S2- 1.08 R1 - 1.3700 Target to test 1.80 in 3 months if 1.40 level penetrated. HODL
From ATH 11 Feb Reef was down and supported multiple time at 0.036 making this zone a key support zone. Key resistance area to watch is 0.044 - 0.046. Daily close above this area and 11 Feb downtrend penetration will open retest of ATH 0.056 area with upside target 0.0650. Momentum is key and if an upside move happen before 21st Feb, then Reef will be a strong...
Confluence of 1 100 EMA, 61.8% Fibo level within descending triangle. Remain bullish Reef/USDT, target to re-test previous high. Look forward to Reef platform release expected Q1 2021. Happy Trading and stay safe Please follow and share our channel for more trading ideas.
$Reef is a newly launched DeFi (Dec2020) project on Polkadot. We are bullish Reef and look to accumulate on retracements. Positive+ 1) Unique value differentiation 2) Team with xp in analytics 3) DeFi plus Polkadot - multichain liquidity 4) Good support from Binance Negatives+ 1) Yet to release working platform 2) Project startup risk Please do your own...
Reef is a new DeFI project build on Polkadot launched in 2020. Descending triangle pattern completed with bullish breakout. Bullish. Next target 0.027 retest soon. Happy trading Coinshido Ninja
Trading idea Descending triangle formation above EMA. Bullish VET targeting upside test 0.0035
Emotion does effect our trading decisions. Remember when price move up just a few days or week ago. Did you feel like missing the boat. Well now IOST/USDT is nearing major Fibo retracement zone. Will you buy here or wait for further downwards price action? #rememberfomo
ETH/USD is clearly in a downtrend, but the big question is how long this down trend will continue? How low will ETH/USD go? Looking at previous price trend and recent price action 350 to 390 has shown some resiliance and offer some support. Anyway in trading we are in not to always buy at swing lows or sell at swings high but to find good levels to enter...
ETH/USD bearish tone remains, trading between downward channel 1,000 and 500 price level. 1,000 is the psychological barrier now. If ETH price manage to close above 1,000 and stay there, more bullish sentiment will start to build. R1 : 890 R2 : 985 R3 : 1,000 S1 : 770 S2 : 720 S3 : 500 Happy trading guys
Yeah now not many forecasting the sunny bright summer for cryptos, but we believe in crypto unlike other more matured market like gold and forex. The crypto market is relatively small and less liquid. Price can move fast and trend shift faster, the way digital economy ought to be. What do you see on this AST/ETH chart.
Is that a big Falling Wedge? Take from ATH of 19,891 and minus previous swing low of 10,700 = 9,000. In a measured move if BTC/USD within short term managed to retest 14,000 to 15,000 zone and stay there, we are looking BTC/USD to 24,000. This is a bullish scenario. Here are some milestones to guide your BTC...