Best S/R levels to long LinkLink broke resistance at $7.50 and it is fighting now $8.00
The first area to watch is between $7.30 – 7.60 after the bullish retest as support.
The next one is current high supply zone between $10.00 – 9.25 after the bullish retest as support. A successful retest of this level is a strong confirmation for bullish continuation.
I will reveal the most bullish scenario for Link next days.
Highdemandarea
SOLANA undervalue areas for buyHi guys.
solana ecosystem record a high TVL in past month and have a potential to grow in coming months.
but we are in a downtrend now and altcoins loss their marketcap in this cycle.
after SOL reach strong resistance in 45$ react and go down again and cant support in 40 support level.
so we reach under this level and we have a good support in around 35$.
i think we will see a strong support in this level and a good area FOR BUY ONE STEP.
after that if we see demand signs we could buy another step or if not we buy a step in lower prices like 28 or 25$.
remember the ecosystem TVL growing and have a good potential too pump up after FOMC place its interest rate and market
eat it :)
Sand rejected at key resistanceSame pattern as many other altcoins.
After an 84% surge $Sand rejected at long-term resistance around $1.34.
There is not enough strength to break this level.
Yes, a fake out is possible, but the only way for now leads to Hades.
First support at $0.936 but it will break.
The next stronger one located around $62.
3 Potential Indicators of HUGE Gainz!!1. High Demand Area - Every time price has been in this purple box area it has made BIG to moderate upward moves.
2. The biggest Parabolic upside move for CROUSD was after the bullish engulfing candle as marked. Now we could close today at another bullish engulfing candle again.. which means that we might expect similar up action to follow like last time (to a price of around USD 1.00 or above). I say that because the last time we saw a bullish engulfing candle in this high demand area in this same order - we experienced this massive parabolic up-move on 4 consecutive days - reaching a price level of 96 cents.
3. This play perfectly lines up with the stochastic RSI momentum as demonstrated, if the crossing of the blue line over the red line and then working upwards back into the zone away from "oversold" area and keeps moving up - buyers at current price may see really good profits perhaps a 2x of investment if reaching over a dollar after this potential bull run that I am expecting.