A short term correction is possible till the major uptrend support 1)The major long term uptrend support is intact. 2)The immediate support is 0.12331 btc level which will be the same as the major uptrend support line. A chance of bounce back from here is highly likely. 3)The immediate resistance will be the the channel resistance.
IOTA is on major support and is likely to go up 1)The first major long term support of IOTA is 0.00018849 BTC level at which it is trading now. 2)The second major support of IOTA is the long term uptrend line which is shown in sky blue. 3)The third support for IOTA is the 61.8 Fib. Retracement level. 4)Stochastic also indicates it is in oversold level. 5)The...
Litecoin may keep on consolidating until it breaches the immediate resistance. 1)LTC is taking support at 0.0155 btc level and 0.0142 btc level as indicated by the seagreen channel. 2)There is a short term down trend which is shown in blue and will act as an immediate resistance. 3)Long term trend shows a converging triangle pattern.
After 4-5 days, the trend of Cardano can be identified depending upon whether is breaks the resistance or not. Till then it can go either ways. 1)Cardano is in a minor bearish trend as indicated by the sky blue resistance line. 2)The immediate support is at 0.0000244 BTC level and if it breaks, the next support will be at 78.6% Fib Retracement level. 3)It needs...
Stellar may go up from the 50% Fib level which is acting as major immediate support. The immediate target will be the major resistance level which is shown in blue. 1)The major resistance will be at 0.0000485 BTC level which also coincides with 23.6% FIb retracement. If it breaks, a rally can be seen. 2)If the support of 50% FIb retracement breaks, the next...
BTC have been respecting the Fibonacci retracement and the long term support.
There can be a minor correction till 38.2% Fib retracement level and if that breaks then 0.00157959 BTC level will act as major support. 1)There is a bearish trend line forming which will act as immediate resistance. 2)Once the bearish trend line breaks, the next resistance will be 23.6 Fib level. 3)It needs to break the 23.6% Fib level to move towards the all...
1)Etherium is taking support at the 50% Fib. Retracement as well as on the short term uptrend line. 2)It will again try to break the 38.2% Fib Retracement level which will act as immediate ressistance and once it doesn , the next resistance is at 0.094096 BTC. 3)Once it crooses 0.094096, the next major resistance will be 0.123277 btc. 4)On the downside, if the...
1)Ripple is in a major downtrend channel 2)There is a minor uptrend line in which ripple is taking support since 3 months. 3)It has been consolidating in the range of 0.00007651 and 0.00009370 for quite some time. 4)It is trading at 61.8% FIB retracement level. 5)Stochastic is giving a sell signal. The next few days will be crucial to see whether it breaks the...