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LDOISDT 1D/15MLdo test support once again. we await the upward break, since the ATH, on May 9, 2022, has already corrected 62.16% to date.
Technical factors such as the RSI point up, which reinforces the ascendancy on the daily.
At 15M your immediate support is $1,480 and your resistances are $1,509 and $1,523. Pay attention to the proximity of cloud cloudiness, which can also be a resistance to the asset.
Lido DAO is one of the most popular platforms for staking ETH as the ease of not needing 32 ETH to staking makes it very popular. and LDO is Lido DAO's governance token that facilitates the staking platform's goal of building a staking service.
XTZUSDT 1DThe diary gives us a little more insight into just how narrowing the wedge imposed by XTZ is. The price continues to trade near the base of the wedge, between $1,526 and $1,391. The RSI shows the predominance of buyers, so it is difficult for this wedge not to break up.
We are currently at the median of the Keltner Channel, pushing towards the upper line of the channel. In addition, XTZ is far away from the Ichimoku Cloud, which gives us a preview of XTZ's ascent to the cloud. That's what I'll be looking at right now.
XTZ is a coin based on its own “Tezos” blockchain. It is used in the same way that other cryptocurrencies are used on their platforms, but it is also used to make micropayments on the network and to power smart contracts. As an added feature, they can also be used to vote for the future of the project or to let someone else vote for you.
Validating transactions on the Tezos network is called “baking” and is similar to mining Bitcoin, only in Proof-of-Stake mode. For “cooking”, i.e. validating the transaction on the blockchain and securing the network, users are rewarded with XTZ.
KSMUSDT 1DOn the 1D chart, it has formed a downtrend line, which it is currently trying to overcome, its RSI shows a cooling off from buyers, making such a breakout difficult.
In the Keltner Channel indicator, KSM is positioned at the channel's median, if it looks for the upper line that coincides with the Ichimoku cloud, we can witness the breakout of the downtrend line.
LDOUSDT-1DLDO has formed a triangle and right now it is on the triangle wedge and could break up. If it breaks the 1,438 support, it could start a downtrend which I don't believe will happen. A strong technical indicator is the RSI which is a momentum oscillator which measures overbought or oversold stress; in this case it is extremely oversold, indicating the sellers' exhaustion.
BRL 1,691
R-$2.010
BRL 2,836
S-$1,361
S-$0.792
ETHUSD 1DEthereum always working with large volumes made a didactic Elliot pattern, which you can see on the chart. Right now we are accumulating to build momentum for a new Elliot sequel.
Another important point is that, despite the LTB having formed, ETH is very little time below the MM200, indicating an impulsive force towards it. Another technical factor that allows this LTB to break is the Ichimoku cloud being above it, also pulling it up. It just needs a big buyer impulse to guarantee the break of this LTB.
S-$1220.44
R-$1463.56
BRL 1620.40
BRL 1909.72 (MM200)
AVAXBNB 1DAVAXBNB 1D – The AVAXBNB PAIR was weighted due to AVAX being strongly influenced by BTC (more than other altcoins) and this in turn went through moments of extra volatility this September. Technical factors such as the RSI point to overbought, in addition, it follows the large accumulation imposed since June 15th, which is already in the throes of accumulation and soon breaks up. We maintain the position.
XTZUSDT H2XTZUSDT Even with all the market sentiment worried about the FED's decisions and also the global geopolitical situation, which caused the fall of BTC and that took all the cryptocurrencies with it, XTZ has not lost its accumulation zone that has been passing since September 15, which will probably result in an upward explosion, as the RSI is oversold and completely undervalued. In order to reach its target, XTZ must pass through the resistance imposed by the median of the Keltner channel and the Ichimoku cloud. This should still happen today, as the XTZ is a high-octane coin and always works in considerable volume.
ATOMUSDT H2ATOMUSDT With market sentiment starting to turn bearish, with many market participants worried about the Fed's decisions and also the global geopolitical situation, there was a pullback yesterday again in the price of BTC, affecting the entire crypto market, including ATOM.
Meanwhile, technical factors also point to a rally, as ATOM always has a brute buying force. At H2 we are already on the lower edge of the Keltner channel which is a powerful support. Fibonatti imposes a resistance at $13.64 and after breaking it we will reach our target of $14.04.
In terms of other ATOM fundamentals, no worries, high-octane currency; ATOM is reworking its white paper bringing many improvements to the entire COSMOS ecosystem.
AVAXBNB 1DAfter the brutal price drop between April 3rd and May 26th AVAX/BNB lateralized and fell again. Meanwhile, technical factors also point to the upside in various indicators, starting with RSI oversold, in addition the MM200 puts a gravitational pull on the asset pulling up. This reinforces our bullish conviction in the coming days.