CryptoStation

CryptoStation

After breaking out of the downtrend formed from the end of May until now, the buying force is being pushed strongly into GALA. In the near term we can expect a strong rally to the $0.09 area, which is a very strong resistance area that GALA will have a hard time breaking through. But if it approaches the $0.09 zone then it has proven to be very potential in the...

CryptoStation

JASMY just closed the 1-Day candle with an Invert Hammer pattern and this is a sign that buying has completely stopped selling. Therefore, in the near future, we should accumulate a lot of JASMY in the vicinity of $0.008-0.009 because the R:R ratio is very high. JASMY can increase strongly in the last days of this July to $0.014 and $0.02 zone. Please note that...

CryptoStation

SLP is moving in a Symmetrical Triangle pattern and on July 13 it made a False Break, which is a sign that a breakout from the pattern on the upper edge is very likely. We can start accumulating SLP around $0.004 and wait for a strong rally at the end of July. The $0.006-0.0065 zone is the strongest resistance area that we need to pay special attention to. As long...

CryptoStation

BNB has conquered the $240 zone and is continuing to move towards the $300 zone. It can totally approach the $350 zone as selling at the $300 zone won't be a big deal for it. Currently, BNB has also officially closed above the MA50 of 1-Day timeframe, which it has not done since the end of April until now. Therefore, accumulating BNB around $240 is perfectly...

CryptoStation

Since mid-May until now, the $0.3-0.35 zone has been an accumulation zone and has continuously had flash pumps and has brought a lot of opportunities for us to take profits. Therefore, accumulation of FIS in this zone is a good plan and expect flash pumps in the near future. However, FIS pumps are usually flash pumps so what we should do is place sell orders to...

CryptoStation

AXS just broke out of the downtrend and $13-14 is a reliable support for us to accumulate AXS. In the next few days AXS can approach the $18 zone to test this zone and if successful it will continue to move towards the $24 zone. The selling force at $24 will be very strong so we can consider taking profit and wait to buy it back at a lower price. However, we...

CryptoStation

ETH is having very strong buying power and it just broke out of the $1200-1300 zone to continue moving towards the $1800 zone. The $1800 zone is quite a strong resistance zone but ETH can still continue to break through to move towards the $2100 zone. Currently, information about The Merge and transaction gas fee is very positive and it can help ETH grow...

CryptoStation

Since May, a large amount of money has been pushed into DEGO to accumulate a lot in the price zone below 2$. This is a sign that we can absolutely buy DEGO for the long term. The $1.5 zone is the closest support we can buy DEGO, followed by the $1.2 zone. DEGO's mid-term target is the $3 zone.

CryptoStation

CAKE is forming quite a lot of Bullish patterns at the moment, showing that buying power is gradually returning to CAKE and a reversal could happen at any time. We can accumulate CAKE in the $3 zone and expect a rally and break out of the Symmetrical Triangle pattern to rally strongly to the $4 and $5 zones in late July and early August. However, if the $3 zone is...

CryptoStation

AAVE just broke out of the Channel pattern and the target of this pattern is the $120 zone. We can accumulate AAVE in the $80-90 zone for the medium term target because if it breaks out of the $120 zone it will surge to the $190-200 zone. The $120 zone is currently a very strong resistance zone so we can take profit there to avoid losing profits and consider...

CryptoStation

LINK is having an important 5-6$ support zone and a reversal is completely possible here. The current selling force is very weak and the buying power is gradually taking over, so accumulating LINK at this 5-6$ zone is a good idea for long-term goals. However, there is still a risk that if LINK loses this 5-6$ zone, it will fall to the 3$ zone and then rise again...

CryptoStation

DOGE is currently forming an Inverse Head & Shoulders pattern and it only needs to break out of the $0.07 zone to officially confirm the pattern, then it will continue to rise sharply to the $0.1 zone. $0.06 zone is a very good support to accumulate DOGE. Even if DOGE loses the $0.06 zone and the Inverse Head & Shoulders pattern is broken, the $0.05 zone will be...

CryptoStation

Currently DOT is compressed in the $6-7 zone and it can increase sharply in the coming days to the $9 and $12 zone. It is also being supported by the Falling Wedge pattern, which is also a typical pattern for a recovery. We should accumulate a lot of DOT in the area of 6-7$ for the medium term goal

CryptoStation

CRO is forming a Symmetrical Triangle pattern to reverse the trend. On July 13, CRO had a False Break and this is a sign that CRO will increase sharply in the coming days. If CRO breaks out of this pattern and turns up again, it could move towards the $0.16 zone by the end of July. However, if it breaks out of this pattern and falls hard, we will consider buying...

CryptoStation

UNFI buying is gradually decreasing and in the next few days it could dump to the $4 zone before rising back to the $8 zone in early August. The $4 zone is really a very good support for UNFI and it's totally worth buying for the medium term. However, if the $4 zone is not held, UNFI can completely continue to drop sharply to the $2 zone, this is the lowest price...

CryptoStation

PERP is having a pretty good support at $0.6-0.7, if it holds, it will probably continue its uptrend with a Broadening Rising Wedge pattern to advance to $1.2 or even $1.8 in the end of July and beginning of August. Strong buys on May 24, June 22 and July 11 show full potential for PERP for a medium-term target of several months. However, we should be careful in...

CryptoStation

ROSE is still quite dangerous and it can still continue the downtrend similar to June 22 to fall sharply to the $0.02 zone. So holding ROSE at this time is very risky. We should observe the price reaction as ROSE approaches the $0.04-0.045 zone in the coming days. If the buying power in the $0.04-0.045 zone appears strongly, we can start buying ROSE and expect a...

CryptoStation

After regaining the $7 zone on June 23, every time ATOM returns to this zone, there is a strong buying force. This shows that the $7-7.5 zone could very well become the bottom of this bear period and it could rally to the $10 and $14 zones in late July and early August. However, if ATOM loses the 7$ zone, we can still accumulate it at 5.5-6$. Since mid-June until...