EGLD trading is a support zone. I am hoping to see some bounce in coming days. We are still in bear market but what I am looking for is a relief rally after the price crash.
AVAX price action is currently between the $19.8 to $23.4 historical support zone. If bulls can hold this area, there's chance that price will go up to $51 area otherwise bears will bring the price action down to $10 area. I will be watching AVAX from the sideline for now.
EGLD price chart is currently seating on top of the support area from May - Jul of 2021while RSI is also at the oversold territory. I am hoping for a trend reversal which might bring its price to the previous resistance at $100. On the other hand, the downtrend continues might continue as the Fear and Greed Index of the crypto market is very low at 13 which is...
NEAR might be going sideways with a wide range for awhile inside the blue box. There's a possibility that it will go up to the 0.618 Fibonacci at $10.16 if if will break upward and $1.65 if it will break downward. In my opinion, breaking downward is less likely to happen unless BTC will fall below the $20K level. In the short term, we can take advantage of the...
FTM tried to breakout from the downward channel but seems it bump a resistance right at the MA 21 area. Let's wait and see what FTM will do next. Will it continue to move upward and break the red downward trendline or it will go back inside the downward channel?
BSW price chart slowly going up after it crashed down to $0.42. However this is still far from its price level before the crash. If BSW price will be able to rise beyond the 21 MA at the $0.72 area which is also the top of previous resistance area and where it currently retesting, then it will have a chance to retest the 0.618 Fib at $0.95. In case of rejection,...
ROSE bounce off from the lower band of the Bollinger Band and currently moving sideways for last 12 days while RSI stays close at the oversold territory. This makes me thinks that this will go up to 0.618 of the Fib around $0.225 level in the coming weeks or months. But before that it might touch first the $0.03 level as the over all market is still bearish. Fear...
Hello,
This is only my personal opinion on how the price may move in the future and not financial advice.
I would be happy to hear others' opinions as well.
Thank you.
