For me, btc is making a cup and handle formation on day interval. Its been in consolidation for quite some time now and the current chart pattern looks interesting to me.
For the past couple of days, BTC is not making any significant movement either way. Its currently moving in this channel on 4 hour charts and if it doesnt take support from here, it can drop down to 62k to 60k. On the upside, it can move back to 66500 where it will face major resistance. My personal understanding is that it will go for a dip. Manage your trades...
AXS is getting rejected again from 150 levels. Currently its moving in the lower bullish channel and getting rejected from the upper bullish channel. And day end closing above 150 will bring it a new bullish zone and can bring the price to 200+. The confirmed rejected from 150 might bring it back to 130 before it starts moving again. Buy it if it closes above 150...
XTZ is coming to a point where it can give a sharp move to the upside if supported by the market. Buying area - 6.20 to 6.50 Targets: 7.05, 7.39 and 8.0 Stop loss - as per your risk management. I usually put 10% on the downside as stop loss. If it closes above 8 on day charts then 9+ is on cards. Do your own research and trade at your own risk.
SLP has taken support from its ATL and its been moving upwards ever since then. As far as I understand, if it continues its momentum, it will go as high as 0.1150. Buying Levels - Between 0.060 and 0.070. Target 1: 0.080 Target 2: 0.0988 Target 3: 0.1152 Stop Loss: 0.0530
If closes the day above 3.43 on day charts then it will continue its bullish momentum in coming days. Buy area - above 3.43 once its closes above it at day end Target Prices 3.85 and 4.31. Stop loss - 3.0. I am not a financial advisor. Trading is a risky business so do it at your own risk. Always keep btc price fluctuation in consideration while entering and...
Buy below 0.82. Its at a very major support and price is unable to close below 0.80. Target prices should be 0.86 and 0.90 for now. Use 8 to 10% as stop loss.
XRP is near its major resistance. Its moving in the descending triangle from the last three months. Closing above 1.10 on day charts will bring it to 1.30+ in short term. Trade only once it closes above 1.10. Major Resistance 1.10 Major Support The ascending trendline
The chart tells the story. Initial target would be 0.333. If closes above that level then 0.360 and 0.40+ is on cards.
STMX is gaining strength on 4 hours and day charts. It has taken supports from a very crucial price of 0.02320 and then again from the lower trend line. If it continues the momentum then it will test its upper resistance. Buying area - Current price or below 0.03000 Target price - 0.03913.
Alice is gaining strength on 4 hours and day charts. However I believe it will adjust its indicators before moving forward. Buy Area is between 11 and 12. Initial TP is 14.66, 17.60 and 19.70. Stop loss 8.50.
ADA is consolidating between 2.0 and 2.3 for quite some time. Right now its standing at a very major support where the support line and the ascending trend line are about to meet. If ADA honors this area and bounces from here then the move would be on rocket fuel. Initial target would be 2.50. Any strong closing above 2.50 would bring it to 3 and 4 plus. Major...