CHZ/BTC H4 opportunity to escape from downtrend CHZ (Chilliz) preparing to break upfrom falling wedge, important levels marked on the chart .
Good luck !
Cryptohunters
BNB/BTC good opportunity ?BNB is good example how accuracy are fis numbers, price one more time acumulatig near important support, potential 30% up move if this will work again .
BAT/BTC nice bounceBAT bounced from important 0.618 fib level support, if break 2740 sats with good volume, it will be confirmation for double bottom pattern. Range of this pattern is around 20 % coinfluence with horizotal resistance, worth to watch for this setup confirmation. Good luck !
NEO/BTC ascending triangleNEO broke resistance and noe confirming ascending triangle setup, if this will work , we can see up move to around 10-15% range.
Overall we can see changing sentiment on market, usually if that happens, money flow first to major alts, than to mid cap ( for example like NEO,WAVES,Link,BAT ) and next to shitcoins and low cap coins.
We must wait couple days for confirmation this movement, but seems like this is play atm on market.
Fingers crossed :)
BTC/USD at important levelLooking at daily chart , BTC price hit important resistance creating by midterm downtrend line and MA200 , price retesting also previous broken uptrend line like a new resistance . Worth to watch how will close today and next D1 candles. if bulls will step in near 7800USD , price can move up higher, if not, we will test lower supports soon.
DATA/BTC decison time comingDATA is at interesting place, decison time coming. If price break up, next resistances are around 225/240 sats.
If current trendline don't hold, next stronger support is around 160 sats. Also RSI forming triangle.
Worth to watch
FET/BTC dancing between fibs Last days/weeks we can see FET price moving between horizontal levels, if we measure last bigger move, we can see that price accumulating between fibs. if this will play once again, we can scalp on this altcoin 10-20% with SL around 5% down.
Also RSI on H1 tf looking bullish.
BTC correction in downtrend channelBTC propably doing only correction in downtrend, last pushes up provided price to daily resistance area on weak volume. if we cross 7600-7800 on good volume, we can talk about double bottom, but like we said, volume is tolow. on lower tfs we can see forming potential rising wedge with descendingvol = setup to change trend (not confirmed yet) , also we have fresh CME GAP to around 7230 wich is also indicator adding more propabilities for atleast small move down.
On daily we are still in dontrend channel under important MA's 100 and 200 , so sticking all together, seems like last moves up are only correction in downtrend, not reversal trend.
BITFINEX LONGS versus BTC price Weekly chartSeems like big players on Bitfinex accumulated they longs when price of BTC dropped last weeks.
Interestingo obserwation, new ATH on longs chart
ALGO/BTC H4 falling wedge ALGO printing nice falling wedge, but price is under uptrend line, today was fakeout and retest this trendline after Binance team posted news:
"Binance Will Support the Upcoming Algorand (ALGO) Network Upgrade "
www.binance.com
If price will back above trendline again on high volume, propably price will go up again . Next resistance (if price will back above trendline) are 4k sat and 4400 sat.
Support: 3500-340 sats
MITH/BTC Bullish volume attachedMITH broke up from falling wedge on very good volume compared to previous candles, also basic MA's acting like a good support, They curving up, potential bullish cross coming. Yellow dotted lines can be good places to take profits.
BTC trying to break downtrend line Binance chart,
BTC once again pushing on downtrend line, if H4 candle or bigger will close above this line with good volume spike, it can be nice opportunity for continuation local uptrend, if this scenario will play, next resistance is around 7800 and bigger looking at weekly timeframe/fib levels is area 8300-8500.
Important support to hold is around 8270-8300
ARPA/BTC H4 breakout semms like Arpa founded bottom finally, after higher low and higher high, broken downtrend line , on H1 tf wecan see bullflag pattern wich is bullish continuation setup. volume rising, when price moving up wich is also bullish, worth to watch .
ADA/BTC W1 Bullish Ada (Cardano) - bullish mood. Weekly Candle closed above resistance with proper volume. Next resistances can be 575 and 620. On smaller timeframes we can see volume following price. For now there are no signs of selling off from bigger players.
AMB/BTC falling wedge +higher lowAMB looking bullish, its back above 0.5 fib retracement support and breaking up from falling wedge. We can see also higher low.
