DOTUSDT is currently trading at the bottom of the ascending channel. A very interesting buying opportunity indeed. We are certainly taking this one serously.
XMR has rejected the uptrend trendline, after which the price has produced a new higher hight. This by itself is a bullish sign, but we must not forget about the potential Head and Shoulders reversal pattern, which is also taking place.
We might see quite a fast drop by XTZUSDT before the uptrend continues.
This is our second analysis on XTZUSDT. The first is already well in profit, but we'll attempt to chase a second upside target at 88.6% Fibonacci level.
OXTUSDT has successfully broken out of its descending channel and is now trading near the 61.8% Fibonacci support level. This is a crucial area for the bulls, as it provides a potential launchpad for a rapid rally to the upside. However, for this rally to materialize, the recent LL must hold. If it does, we could see OXTUSDT making significant gains in the coming days.
CELO is looking amazing as the price is rejecting a key demand zone. This rejection presents a good starting point for a high probability and good risk/reward trade opportunity. Although the target is conservative, it adds up to the probability. Traders can consider buying CELOUSDT at the current price level and setting a stop loss below the demand zone to manage...
Algo stands at the double Fibonacci support, which implies a potential short-term rally throughout this week. A new lower low will immediately invalidate bullish outlook, but for now things are looking bright for ALGO.
COCOUSDT has broken above the downtrend trendline after bouncing off the demand zone. These are signs of a potential rally, that should start very soon.
GRTUSDT has repeatedly respected the uptrend trendline. This is an amazing confirmation of strong bullish momentum. We are certainly going to capitalize on that.
XTZUSDT has exhibited an impressive rebound off the key 61.8% Fibonacci retracement support level, suggesting strong underlying demand from market participants. This bounce has created an intriguing setup for a potential upward move toward the next 61.8% Fibonacci retracement level, which is likely to serve as a formidable resistance barrier. The confluence of...
love the bounce off the support, the uptrend is highly to continue
The AUDCAD pair has retraced to a significant resistance zone, where sellers have established a strong presence. Unless a new higher high is formed, the market appears poised for a sizeable downward move. Traders may find this setup particularly attractive, given the potential for an excellent risk-to-reward ratio.
In recent trading, LITUSDT bounced cleanly off the 61.8% Fibonacci retracement level, a sign that the bulls have successfully defended this critical support. As long as the price remains above this level, we can expect to see the cryptocurrency make its next upside move within the next few days. Based on our technical analysis, we believe LITUSDT is heading...
LRC is looking very strong compared to most coins. We belive that this is the time for investors to start looking at it. Our upside target is very conservative, but the price can jump so much higher...
NZDJPY has found support at the Fibonacci level, which increases the probability of the bullish domination. Overal, NZDJPY might experience a relatively fast price increase.
MTL has just reached the support uptrend trendline, which provides and excellent RR buying opportunity for the short to mid-term.
SUSHIUSDT has broken above its descending channel and is currently testing a key support level. If this level holds, we anticipate a potential rally very very soon.
The chart is showing a promising sign with a decisive break above the downtrend trendline, followed by a successful support test at the top of the descending channel. This could be the start of a bullish momentum to push the price higher.
