Trade setup: Appears on a verge of breaking out from a Sideways Channel ($0.25-$0.35), but needs to be confirmed by breaking above 200-day moving average as well. If confirmed, price could rally up to $0.50 resistance. (set a price alert). Trend: Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish ( MACD Line is above...
Trade setup: Following a bearish breakout from Ascending Triangle, price remains stuck in a Sideways Channel ($30-45). Swing trader could enter near $30 support and exit near $45 resistance zone. (set a price alert). Solana is experiencing strong adoption by NFT projects, which is driving solid growth in transaction volumes. Trend: Uptrend on Short-Term basis and...
Trade setup: Trading in a Sideways Channel ($3-5). Pull back near $3 support could be a swing entry. (set a price alert). Pattern: Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing...
Trade setup: Trading in a Sideways Channel ($0.06-$0.08), with $0.06 support having recently received big buying volumes interest. (set a price alert). Pattern: Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the...
Trade setup: Price reached our target of $340 after it broke out from Sideways Channel ($260-$300). Resistance at $340 is also where price got rejected in August and June. Now wait for price to 1) break above $340 or 2) pull back near $300 support for swing entry. (set a price alert). Trend: Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term...
Trade setup: Trading in a Sideways Channel ($15-$20). Swing trader can trade the channel (Enter near $15 support, Exit near $20 resistance). Trend trader: wait for breakout. (set a price alert). Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is...
Setting Up a Trade:- The price dipped near the lows of June at $17.5K, and that level of support held again with big volume. Two months after attempting to break above $20K, price is approaching the next major resistance level: $25K. A new bullish trend has emerged in the short-term. Market trend Short-term uptrend, medium-term neutral, and long-term...
After big gains from $5 to $17 in June and July, price was rejected 2x at $17 resistance and broke below the uptrend trendline. Price has broken back above 200- day moving average resistance recently. Big gain from $5 to $17 in June and July was followed by two rejections at $17 resistance, resulting in price pulling back, breaking below the uptrend trendline. It...
Trade setup: Following a breakout from Channel Down pattern, price doubled from $1.50 to $3.00 where it got rejected and pulled back below $1.50 support, making a new Lower Low – sign of downtrend. (set a price alert). Trend: Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but...
This trade setup involves a bullish breakout of the descending triangle. It is possible that the price will gain strength in the following days, approaching $2 resistance. This leading DeFi lending platform could have several catalysts that could cause TVL (Total Value Locked) to greatly increase on this 24th August research report. Long- and medium-term trends...
Trade setup: Trading in a Sideways Channel ($50-$70). Swing trader: can trade the channel (Enter near $50 support and Exit near $70 resistance).. (set a price alert). On August 30, Compound released version 3, which is a major upgrade to its lending DeFi protocol. Trend: Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish (...
Trend: Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45). OBV (On Balance Volume): is declining, indicating that volume on Up days is lower than volume on Down days. Hence, demand (buyers) is below supply (sellers). Support and Resistance: Nearest Support Zone is...
Setting up a trade: Possible bullish trend forming with price making Higher Highs and Higher Lows. Price was rejected 2x at $17 resistance. Pullback near $12.50-14.00 support could be a swing entry point, with upside potential back to $17 resistance zone. (set a price alert). As a trend: Downtrend on Short- and Medium-Term basis and Neutral on Long-Term...
It dropped near the June lows of $17.5K and this support level held again, with big volume Flow. The price is trying to break back above $20K, but so far it has been stuck there A zone of resistance. Create a price alert. Across all time horizons (Short, Medium, and Long-Term), the trend is down. Mixed momentum with MACD Line above MACD Signal Line (Bullish)...
Trade setup: After more than doubling from $0.60 to $1.50, price was rejected 3x (Triple Top pattern) and pulled back below $1.00 support, which opens up downside potential to $0.60 support again, which was the low point in June before the rally. (set a price alert). Trend: Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed...
Trade setup: False breakout from Sideways Channel ($0.25-$0.35) as price has fallen back under $0.35 and into that sideways trading pattern. (set a price alert). Trend: Neutral on Medium-Term basis and Downtrend on Short- and Long-Term basis. Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45). OBV (On Balance Volume): Is...
Setting up a trade: Price is consolidating in a Sideways Channel ($0.10-$0.12) following a breakout from the Descending Triangle. Traders should be cautious of false breakouts from this channel since price has failed to break out a couple times. Traders who trade swings should trade the channel (enter near $0.10 support and exit near $0.12 resistance). A breakout...