The Dogcoin is nose diving smashing the trigger level of 0.4155. The downside drop suggests that the short-term cycle is on the move. The next significant key-level support is at 0.3635, our official profit target. We're firing off a new sell trade. Stay tuned...
After hitting the 100k mile stone, the Bitcoin's upside trend had started to fatigue. The following breakdown below the key-level support of $97,585 was our trigger to jump into a short position. The next big key-level support is at $92,950, our official profit target.
Coming from the bottom of a short-term trading range, the LITECOIN is starting to pickup momentum and is expected to move back up to where it came from. We're jumping into a bullish campaign, targeting the local key-level resistance at $123.10. Stay tuned...
The turn around right off the key-level resistance of 11.15 suggests that the price action is gearing up for a downside reversal. A significant technical correction is already well overdue regardless. We're jumping into a new short position, targeting the next important key-level support at 8.23
The breakout above the key-level resistance at 8.54 is evident. Further move upwards is highly likely at this point. The defined range the Dot is trading in lately suggests that the next key-level is at 9.1480. Firing off a new Buy trade.
Bitcoin cash had started to trader sideways in the last week as a form of consolidation on the short-term scale. Coming from the top of the range, we expect price action to go back towards the lower section of the range, starting with the local support level at 488, our official target.
The clear breakout above the important key-level resistance of $499 suggests that price action has more upside potential in it's pipeline. The next big targets are at $572.5 and $612.5. We're establishing a new bullish campaign targeting these two levels.
The short term cycle is trading sideways in the last couple of weeks. coming from the top section of it's trading range, we believe it is very likely that the Dogcoin will drop beck to the lower section of the range. We're firing off a new short position, targeting the key-level support at 0.3636.
A quick drop on a local scale seems to be imminent. The failure to break above the local key-level resistance of 3417 suggests that a downside reverse might develop in the next few days. We're targeting the support at 3291.
The downside potential on a local scale is evident. the struggle to break above 14.77 suggests that price action is more likely to turn around and head south. The next significant local key-level support is at 13.34, our official target.
Cardano is on the back foot just like the rest of the market. This could end up as a local technical correction however, there seems to be more downside potential for the time being. We anticipate a quick move to the next key-level support of 0.7200, our official profit target.
The short-term cycle is on the backfoot. Given the strong rally of the whole market is the last couple of weeks, a quick downside reversal on a local scale is highly likely at this point. We're firing off a short position, targeting the key-level support at 4.125
The short-term cycle is setting the tone at the moment, and it's driving price action sideways. The breakdown below 442.65 is imminent and will trigger a downside quick move to the next local support at $416. We're diving in for a short-term sell trade.
A very distinctive head and shoulders had been building up over the last couple of weeks. The reversal pattern had already been activated with the breakdown below the neckline a few days ago. Our analysis suggests that a short-term quick move to the key-level support at $2985 is highly likely at this point. Stay tuned...
A quick turn around correction is highly likely at this point. From a short-term perspective, price action can easily make contact with the local key-level support of 5.0934. We're jumping into a short-term sell position.
Major breakout of the big key-level at $74.90 had been validated. This is a strong indication that price action might pick up the pace on it's way to the next big resistance at $96.18
The short-term cycle is trading sideways for past 5 days. Coming from the bottom of the range, we believe it is highly likely for the Polkadot to turnback up and push forward towards the upper section of that range, starting with the local key-level resistance of $5.36, our official profit target.
The significant key-level support of 415.5 is being tested right now as we speak. We believe that support is going to hold and reverse price action back up, at least for the short-term distance. We're firing off a new short-term bullish campaign, targeting the next significant local resistance of 447.0