BINANCE:HBARUSDT is eating away at the resistance level Strong RSI MACD indicates plenty of room for growth Price trading comfortably above EMA10 and going for EMA50 Volume is still low but price is moving up - a good setup for a big jump when substantial volume comes
BITFINEX:XVGBTC Long XVG trading above the 3-Day EMA50 Strong RSI 120% potential
BINANCE:GNTBTC - Retrace looks complete, sitting nicely at support by EMA200 - Immediate downtrend lost its momentum - GNT ranging right now, price jammed b/n EMA200 (support) and MA300 (resistance) - We need good volume to come in and print a bullish candle - If we manage to close around the 685 sats level, breaking the immediate downtrend and MA300, next...
Looks like the retrace of BNB is complete as it broke the immediate downtrend and is looking bullish again. Closed above EMA100 on the 15M chart and on the 1hr chart EMA10 crossed up EMA20 RSI is strong too
Solid closes above support EMA10 about to cross EMA200 Good momentum with a bullish MACD and strong RSI Next immediate target - $0.55
1. Price action reacted to the support with two long wicks rejecting the lower price 2. Axis point - confluence of dominant trend, immediate trend, resistance turned support and dynamic support by the EMA10/20 3. A strong bullish candle close breaking short downtrend and continuing the original trend up 4. Good volume
- After a second reversion to the mean b/n EMA10 and EMA20, ETH is testing the $285 resistance again. - The golden cross on the daily and increasing volume might boost it past resistance and from there it should be a free run to $360 - Since start of 2020 we have had 2 HHs and 2 HLs, it's time for a 3rd one
Just an observation of the significance of the $9200 level for BTC. Multiple touches and numerous times going from resistance to support and vice versa. The current momentum of price might be down towards $9200 but with the recent 50/200 golden cross on the daily, long-term uptrend seems intact.
An array of signs point to 9100-9150 usd
Pretty sharp drop today. That $515 target is still in play only if MA200 holds...BUT...if it gives, the next really solid support is probably as low as $270
- BNBUSD on the daily - After an overextension BNB is reverting back to the mean - Looking for support around the $21.50 - $22 level before bouncing back up - MACD turning bearish - Selling pressure continuing - The wick of the current bearish candle rejecting the higher price
BCH in a hurry to $515...
KRAKEN:EOSEUR Looking bullish on the weekly chart My idea of reasonable targets T1 - 5.40 EUR T2 - 7.00 EUR
KRAKEN:XRPEUR on the daily chart - Beautiful bullish candles, wicks rejecting the lower price - Nice support by the EMA10 - EMA10/20 fanning out in the correct order - MA200 about to be crossed - Bullish MACD - Strong RSI
KRAKEN:XLMEUR One more dip before an eventual breakout...
- 20 crossing all - 50 crossing 100 and gunning for 200 - 100 headed the same - Fast line taking over - Strong RSI Made an entry... Let's see what happens. KRAKEN:EOSEUR
Stochastic - overbought RSI - approaching overbought BB - looking for a breakout below the bottom band KRAKEN:XLMEUR