* Bitcoin was in a good rally from last few days but it didn't break the major resistance instead it was rejected from the resistance. * 50 Daily moving average was moving above the price but now it is working as the support for the price. * BTC forms a rejection candle with a long wick near it's resistance. * In order to continues the rally BTC need to break the...
EURAUD was trading in a down trend and now it is soon going to form Golden cross where the 50 daily MA is about to cross the 200 daily MA, and the 50 MA is also working as the support for the price.
Thorchain price is in a tight consolidation of Descending triangle, as the market is green we can expect a good bullish move, if it breaks the above trend-line.
USDCHF is in a consolidation near it's supply zone where the 2 trend lines are working as support and resistance to the price, if it drops from the supply zone we can expect a bearish move till the below trend-line and in order to continue it's bearish move it needs to break the trend-line. Even it may bounce back from the trend line.
Bitcoin cash in 4H time frame forms Inverse Cup and Handle pattern which is a bearish continuation pattern. If the price breaks the handle we can expect a bearish move.
Silver in 4h time frame breaks the major trend line near $25.34900 and it is retesting the same level. After the retest it can drop till $24.70000.
Mdex price has dropped almost 60% from it's all time high, and it has formed a symmetrical triangle in 1h time frame. Breakout on the either side of the pattern can give a good move. In order to continue it's downtrend it needs to break the horizontal line near 1.0500
RSI divergence appeared in the Bitcoin where the indicator shows a trader that there is no longer the same momentum with the price action and the indicator.
USOIL Price is rejected from it's resistance $77 and drops till it's support near $66. the price is still on support the trend line, if it bounces from the trend line we can see a bullish move till the resistance. to continue it's drop USOIL needs to break the below trend line.
Binance coin was in a consolidation where the 50 daily moving average was working as the resistance to the price and 200 daily moving average as support. Now It breaks the 200 MA. will it continue it's bearish trend ?
Gold is now about to test it's support zone near $1790. If it bounces from it's support zone we can expect a bullish move till it's above resistance and if it breaks the support we can see drop till $1760.
BTCUSD may soon withness a bounce as the price is on the verge to test the 20-day EMA levels. If these levels are successfully sustained, the next leg up may rally the price close to $40K. On the contrary, yet another crash may led the price close to $30K
Filecoin price breaks out after a parallel channel which followed for quite a long. However it formed a bull flag after a massive breakout and hence may continue to rally, gaining more than 30%. On the contrary, if the price flips into bearish divergance, the price may tank more than 30% in search of strong support levels.
KNC/USD pair successfully rebounded the support zone at $1.45 and the next levels to test are around $3.15. If the price successfully restest these levels, forming new ATH may be on cards. Else the price may yet again consolidate for the some more days before the next leg up towards the highs.
Kava/USD pair just broke the neckline of the 'W-Shaped' pattern at $5.16 gaining nearly 77% in the past couple of days. Therefore the price if maintains the current bullish trend may retest the next resistance levels at $6.84 and later at $8. The price may also test the discovery phase and eventually end up smashing $10 in short term.
Shiba Inu price broke the upper resistance of the triangle and marched towards the north. A healthy uptrend may smash the target above $0.000012 initially and move towards the ATH further.
Polygon price set off to dip from $1.95 to $1.83, currently moving with bears in hand. The momentum gained in early hours has been lost and price may plunge harder near $1.75 in coming hours, strong buy signal is anchored.