Todays analysis – NDX – Consolidating at a key below the multi-month trend line Points to consider: - S/R flip of dynamic support - Overextended trend - Fibonacci retracement targets - 200 EMA mean reversion NDX finally breaking below its strong multi-month trend, failing to break above the dynamic resistance, price is likely to have a steeper correction....
Todays Analysis – BTC/USDT – low time frame analysis - establishing a bearish retest of local swing high. Points to consider: - Bullish Trend - Dynamic trend support + 200 EMA support - Bearish local swing high retest + .618 confluence BTC/USDT trading in an uptrend with trend support and 200 EMA acting as support. Price failing to establish an immediate...
Todays analysis – OGN/USDT – Bouncing after an impulse sell into long-term uptrend support. Points to consider: - Strong downtrend - Bearish short-term PA - Respecting long-term trend support - Oscillators below 50 OGN/USDT is still trading within its immediate downtrend as it bounces after an impulse sell into trend support, a retest of daily resistance is...
Todays Analysis – XTZ/USDT – finding support at a structural level with an oversold bounce. Points to consider: - Strong Downtrend - Bearish PA - Oscillators below 50 XTZ has found support after an impulse sell within this steep downtrend, further continuation into daily resistance is probable. However, price action is looking weak and bearish. Even with a...
Today's chart – KMD BTC – consolidating at range/structural support. Price holding support validates a long trade to technical targets above. Points to consider: - Key level - 21 EMA visual guide - Oscillators oversold Trading at its long-term range support; proceeding a stark correction. Price needs to hold support to form a bullish bias. Further price...
Todays analysis – FTM/USDT – consolidating at a pivotal level as trend support and structural resistance converge. Points to consider: - Key level (apex) - Swing high failure - Immediate target (structural support) - 200 EMA Support Confluence - Low volume - RSI bearish divergence Price is coiling into its apex as trend support and structural resistance...
Todays Analysis – STX/USDT – Retracing to establish an S/R flip re-test of daily support. Points to consider: - Healthy Up-trend - Support Confluence (key level) - Declining Volume - Oscillators Below 50 STXUSDT needs to hold the re-test of the daily support zone to form a higher low on the chart and continue its bullish uptrend. The Support cluster also...
Today's analysis – OGN/USDT – Consolidating at daily support as it retraces from the local swing high. Points to consider: - Strong Counter-trend - Daily/Trend Support Confluence - 21 EMA Visual Guide - Declining Volume - Oscillators Below 50 OGN USDT retracing in a strong countertrend from its previous swing high as it reverts to trend support,...
Today's analysis – WES – Consolidating below ATH resistance as the 21EMA coils price into its APEX. Points to consider: - Strong trend - Key level (apex) - Price discovery (blue-sky breakout) - 21 EMA visual guide - Oscillators above 50 WES trading in a clean and strong uptrend finding resistance upon retest of its all-time high. Price is trading at a key...
Today's analysis – XEM/BTC – A strong break of its multi-month resistance backed by volume; showing signs of a macro trend reversal. Points to consider: - Bullish price action - S/R Flip (trend reversal) - EMA Golden Cross - Increasing volume - RSI above 50 - Stochastics below 50 XEMBTC breaking structural resistance with inviting bullish engulfing candles...
Today's analysis – ONT/BTC – establishing an S/R flip retest above structural support. Points to consider: - Bullish price action - Trend Reversal - Support Confluence - Volume Influx - RSI ranging above 50 ONTBTC trading in a healthy uptrend, breaking its structural resistance with multiple bullish engulfing candles indicating strong buyers in the market,...
Today's analysis – PHB/BTC – Breaking bullish from its ascending wedge pattern, retracing to re-test daily support. Points to consider: - S/R flip retest - Support confluence - EMA Golden Cross - Increasing Volume - Oscillators above 50 PHBBTC trading in a healthy uptrend with a strong breakthrough daily resistance. Currently retracing to establish an S/R...
Today's analysis – GO/BTC – Establishing an S/R flip retest following a bullish break of structural resistance. Points to consider: - S/R flip Re-test (trend continuation) - Increasing volume - 21 EMA (visual guide) - Oscillators above 50 GOBTC retracing and consolidating above structural support; a successful retest of this level will establish a higher...
Today's analysis – XLM/USDT – Retracing after a strong break of structural resistance Points to consider: - Macro trend reversal - Bullish price action - S/R flip re-test - Volume influx - Oscillators overextended - 21 EMA visual guide XLM showing convicting signs of a macro trend reversal as it breaches a key level coinciding with monthly structural...
Today’s Analysis – NANOBTC – consolidating within its daily support zone as holds above the 200 EMA Points to consider: - 200 EMA S/R flip - Macro trend reversal - 55 EMA visual guide - Increasing volume - Oscillators neutral Nanos recent strong price action forming a successful S/R flip re-test of the 200 EMA on the daily timeframe indicates early signs of...
Today's analysis – ETHUSDT – A bearish re-test of local resistance will form a local swing high failure, validating a short trade with daily support as the immediate target. Points to consider: - S/R flip - 55 EMA (visual guide) - Below average volume - Oscillators below 50 ETHUSDT needs to hold the re-test at local resistance to establish a lower high...
Today's analysis – TRONBTC – Trading at a key pivotal level, putting in an S/R flip retest. Points to consider: - Valid head and shoulders (neckline breached) - S/R flip retest - 200 EMA support Confluence - 21 EMA (visual guide) - Low volume - RSI trading above 50 - Stochastics buy cross TRXBTC has breached its inverted head and shoulders neckline,...
Today’s analysis – LBCBTC – Testing key support, price holding this level forms a higher low; first signs of trend continuation. Points to consider: - Macro-trend bullish - Key level- channel support - 21 EMA- visual guide - Volume influx - Oscillators oversold LBCBTCs macro trend is bullish with consecutive higher lows and higher highs forming a probable...