ATOM has made lower highs and higher lows after a retracement. This compression of price and Momentum could precede a Continuation or Reversal with strength. Watch volume to confirm a breakout with strength
Performing exponentially better than it's Crypto peers. Unless the rest of the market follows its bullish direction, it may be drawn back into the Mean of their gravity
Trade of opportunity with well defined failure point
Quick Short trade after parabolic runup. Break of previous pivot high would confirm trade failure and continuation of uptrend without retracement
Wait for confirmed break of Channel before entering a Short trade. A Divergence on the MACD indicator is suggesting price is losing some upward momentum
ETH and BTC have taken a back seat to many other strong performing cryptos which themselves recently broke out of extended trading ranges. The larger time frames are indicating that ETH is in a bullish trend but price is a significant distance from its Mean, so prepare for either a Continuation or Reversion by bracketing the channel with Long/Short entries
Has had a good run up but could be getting fueled by greed and FOMO. It will start entering into resistance levels where large orders are waiting (0.211). There are other Proof-of-Stake cryptos that haven't yet experienced the POS news effect. Be patient for confirmed break of support levels before entering Short as you don't want to fight against an irrationally...
In the long term it is likely going to want to be drawn towards the 0.03 round number. In the short term, the crypto market as a whole is providing a bullish wave of support which might diminish leaving VET over-extended. There is a confluence of many of the support and resistance levels which could create some volatility as the bull and bears argue, but a failure...
Orang Juice has been in a Parabolic Uptrend on the larger time frame. Trend breaks can be highly pronounced when they occur and can provide short-term contra-trend trading opportunities . It is important to be patient and wait for their occurrence, with targets and stop-loss levels placed at the next and previous resistance levels respectively
What goes up must come down eventually. There is a Divergence in the MACD indicator implying a slowing of price momentum but these can continue for a extended period in the case of strong trends. Patience is always rewarded in trading so wait for confirmation of a reversal before fighting against the Bullish Trend
BTC has been in a range after the Dec 5 move to a new Value Area and has been relatively static and has not participated in the recent market moves. Whether it is lagging and will follow the others, or the rest of the market will retrace to align with it, will determine the side of the channel it emerges from
A Triangle pattern has been forming since 11th November with constricting ranges. Despite the recent release of positive Fundamental News, price has been trapped in a range bracketing the 0.38c level where 7.19B CRYPTOCAP:ADA has been acquired, an important level given that 65% of ADA holders are holding unrealized losses. Much attention will be on the 40.0c...
The longer that price remains within the pattern the more energetic the move may be. On the Short side, there are well defined support levels in close proximity beneath the current price. On the Long side, the next major resistance levels above it are further away and may encourage large unhindered bullish moves.
Simple Reversion to the Mean or the Trend line in an uptrend. Acceptable Risk / Return ratio being 1/3 of (entryPrice - price at trend line) added (above) to the entry price for the StopLoss
BATUSDT has broken out on high volume and may continue doing so. Prepare for a retracement confirmed by a period of consolidation prior
After a strong bullish runup, DASH has been consolidating in a horizontal range. Low breakout has been rejected so prepare for possible breakout on either side of channel
The larger timeframe is bullish and there has been a recent pullback which has found support on the Daily 50 SMA. On the other lower timeframes it has penetrated below support which could signify the beginning of an end of the bullish run. Consolidation and a pause in the pullback could be an opportunity for a quick Swing trade in the direction of the larger trend.
Gold is indicating a decreasing of it bullish momentum. It is however nearing long term high price levels which it will likely want to test. Breaking through those resistance levels would be a bullish sign. Observe for a rejection of that level or a breaking of support lines to go Short