RSR on the 1-day chart appears to be in a bearish trend. It is currently in a complete downtrend, as indicated by the 200-day and 50-day moving averages. Additionally, it has reached a new low today (the last low was on december), although the 1-day candle has not yet closed. The RSI is showing a divergence, which may suggest a potential shift in momentum....
This doesn't look good on the 1D chart. There's been strong resistance since April, a downtrend line, poor candles, and the only clear support is located at 0.42.
CRV offers the most beautiful and simple charts, including: Uptrend line, Double bottom pattern, Clear resistance and support zones. This opens up new possibilities for buying from support or when there's a breakout.
For a prolonged period, Bitcoin has been accumulating in this area. We can see attempts to break resistance and support; the price is moving up and down. The question of who will prevail, the buyer or the seller, hinges on cumulative delta and time. There's a high degree of uncertainty in the movement on the larger timeframe. Therefore, I'm currently analyzing...
If you look at my chart, you can see that Ripple is actually accumulating from August 19th. Currently, the price is within the resistance zone at its highest point, which implies that Ripple must experience the "pamp" (30% chance) or face failure against this resistance soon (70% chance). Naturally, this situation is influenced by BTC. Presently, volatility is...
The BTC 1-hour chart still indicates downward pressure, as evident from the 1-hour candles. Currently, prices are confined within specific limits, yet there isn't enough buying activity to drive up the price. Essentially, there's a possibility that the price could continue to decrease or remain relatively stable for a certain period.
Will it pump? That's a question. Can we trade that with good risk management? Yes, that's for sure. All you need can be seen on the 1-hour chart. All we need are good market volumes from buyers. We need to update local highs and set stops lower - you can see the main resistance levels on the chart. Anyway, volatility is low, and this can be a perfect moment to...
The hook has clear support with incoming limits and markets to hold and pump the price since August 5th. The resistance at 0.98 can break soon, and the price will move only up. Let's see if this happens. FOR SURE, the hook could certainly accumulate further. BTC also seems positive on the 4H chart as we can see the support of limits and a current local breakout.
Take a look at this beautiful chart! FTM can pump to the next closest resistance 0,25 on the 4h chart. The last resistance has become our support 0,24, and the volatility is extra low now. Additionally, the presence of higher highs and higher lows from 6th August makes this chart positive.
From 14th to 24th July, the market was ranging, a typical scenario where a battle ensues between buyers and sellers. The buyers attempted to hold the support using limit orders to hold and markets to raise, but the sellers proved to have the upper hand, resulting in a breakdown. In such situations, patience is key, and as a trader, you sometimes have to wait and...
Almost nothing changed. The support at 29,6 is real. Still waiting for a 30,4 breakout to participate. Check my last analysis for the details.
BTC has found its support on the 1-hour chart. Additionally, there is a new higher low, which indicates an interest to hold it at this level. From now on, there could be a small pump. To confirm that interest level, we need to reach the 30,250 and then 30,400 zones to go higher. The seller is still here and pushing with limits 30,100-30,200. So 30,250 could be a...
Clear support and clear local resistance levels. A breakout impulse will mean that a target of 9% can be achieved soon. 0.3750 is a breakpoint, and we need a candle to close above it on the 4-hour timeframe. Currently, BTC is also positive, and the chance for movements like this is rising. Also, I noticed these small impulses between July 12th-13th morning that...
Currently, LINA is accumulating. It has clear support with limits, and the lows are getting higher, indicating a positive trend. Moreover, we observe market buyer interest with some impulses prior to the accumulation. This presents a good opportunity to join the ride once the accumulation phase is completed.
Mana is currently in an accumulation phase while BTC is showing a strong upward impulse. If BTC maintains its strength, it could potentially ignite a rally in altcoins. Participating in the price action during a breakout is always an exhilarating opportunity. Personally, I'm closely monitoring Mana, and once it experiences a breakout, I'll be actively seeking a...
The first scenario with the 1D impulse. We have entered the largest resistance zone at 28-32k. If you want to join the ride, I would suggest waiting for a local retest between 27-28.5k or for a breakout above 32k with a strong impulse (only with confirmation and SL strategy). I believe there will be an attempt to reach 32k as the current candles do not show any...
BTC is making good moves within the channel, but the 4-hour chart still indicates a downtrend. The main resistance level is located between 27.2-27.5k. Additionally, there was a strong bounce from 25k, and if buyers continue to purchase, the potential target could surpass local 27.2 and then 28-29-30-32k. At the moment, it appears that the 27.2 resistance level...
EGLD has experienced a breakdown, indicating that both investors and sellers can continue selling. It has entered an accumulation phase, which may last for a couple of years. The nearest price target on the weekly chart could be around $6. Currently, altcoins are struggling, and even Bitcoin has not undergone a significant correction. Just imagine the impact when...