ETH similarly has broken above the diag resis with some good volume. So, we have to be patient and see if we get the throwback or not.
BTC monthly closing did below $38,000, which is not good for whole market. Also, price broke below the strong support zone which is now turned it into resistance. Price will retest and again rejects as momentum is bearish. Keep your trades safe by using stoploss.
SOL broke below the descending triangle pattern, in which 4H and D1 candles also given close below it. Currently, Price might continue to dip as now it's retesting the zone as resistance. Alternatively, wait for the price to break the $100 mark/ swing high.
BTC goes as predicted, price fall back near $38,000 ($38,200 exactly). Price again came near the support level and more importantly today is the monthly closing and price must close above $38,000 to stay away from heavy crash.
MANA is been strongly trending downwards and reached major support zone of $1.60 - $1.70. Price looks pretty bearish, so it might gonna break below this. Price will continue the trend down till $1.08 - $1.21 major support level. No buy in #MANA until next major support.
BAT candles closes below $0.68 and broken the local support too. Currently, price retesting the support as resistance and started ranging in LTF. BAT will continue the dump unless it flip the structure.
ZIL broke below the support zone which is now turned it into resistance. Price retested the zone and dump will continues. Currently, price approaching towards $0.085 mark, if price breaks and close below it then there's clean traffic till $0.05.
SOL is been a downtrend since long time and right now price is hodling above the strong support level of $95.50 - $98.00. Currently, price is forming a descending traingle pattern, which is a bearish continuation pattern. If price break below support area, then it will continue dip till major support level at $79.00 - $82.00.
JASMY/USDT (1-3x) Direction: LONG📈 Mid term gem that has now reached new All Time Lows and is showing signs of accumulation breakout in the next few weeks😘 ENTRY: 0.0175 - 0.202 TARGETS Short Term: 0.0216 - 0.0224 - 0.0232 - 0.0245 - 0.026 - 0.028 Mid Term: 0.032 - 0.036 - 0.042 - 0.048 - 0.058 - 0.070 STOP LOSS: 0.0147
DOGE flipped above the area of support and now hodl the level around $0.13. Entry looks good but market is not well for trading. If you want to enter use low risk with proper stops below $0.12. Around, $0.15 and above will be targets.
BTC climbing up in a very corrective phrase after the breakout, which signifies the weakness. Around, $40,400 - $40,800 will stand as resistance zone ( just below the major resistance). Break and close above $40,800 will turn the structure bullish buf still price must break the major resistance level around $42,000.
SXP didn't took any reaction from the major support zone and on daily TF, candles close below it, which turned the zone into major resistance zone. #SXP didn't looks any good unless it flips above the major level.
ETH tested the strong support area of $2812-$2900 and holding above it. A strong move is expected $3050 resistance level. Exit all long positions if price drop below $2800 and give a candle close below it. There is also a downtrend channel formed and we will see a test of the upper resistance line.
BTC did take a pullback but also dumped hard after testing the major resistance zone. Price made a new lower low which is now scary. Now, around, $37,000 is the room, where price can play. To shift market structure, price needs to break and close above $41,000.
BNB broke below the triangle and now its looks like a down channel pattern. Price might continue to push till major resistance level of $419 - 423 and then after it might took a strong rejection. Market doesn't looks good unless BTC breaks the major resistance.
BTC hodls the #38,500 level and took a strong bounce. Currently, price reached the major resistance level and price is more likely slowing down. Now, we need a break of $42,000 to shift the market structure and sentiment. There can be a pullback expected, below $40,000, so no need to worry.
SXP nearly bottomed out and lying on the major support level of $1.10 - $1.23. Price more likely ranging over it/ slowing slow. You can till expected the bounce from here unless #BTC dumps. If price broke below $1.00 then a dump continuation is expected till $0.55 - $0.71.