The Bullish scenario played out as expected (if you want you can take a look at my previous analysis), as we managed to break out at 32.6, then AVAX went back to retest the area around 31 and apparently found support there. After that, it rose up again, broke past 32.6 once more and after some fluctuations it looks like it managed to turn it into a new...
We found support around 27.5 (twice in the past 4 days). Since March 10th we were pushed back multiple times (at first around 34.4, then 32.7 and again at 32 and 30.2) forming what may look like a falling triangle. However, since yesterday there have been signals of reversal in a combination of HHs and HLs. By charting them we see something that looks like a...
UNI may retest the previous high around 33.4 as it looks like MAs 13 and 34 are likely to cross in 16-24 hours and the 99 MA has been a strong support in the past few days. We found support at 28.52 and bounced back up, then retested the resistance in the 31 area which did not offer too much chances to break out. However, if it manages to go past this area and...
Over the past month it seems like DOT has been into a symmetrical triangle pattern, with decreasing volumes. If it were to break out with an upward momentum we could see it retest the 41.7 area where it was rejected on February 20th. If, on the other hand, it were to break down and enter a downtrend, it could trace back around the 29.6 area and test the previous...
I'm not following GRT that much, but it looks weird that in this market condition it has been this still. On the daily, volumes have been declining over the past weeks, except for a few spikes. However, 13 and 34 MAs look like they may be set for crossing, which could bring some attention on GRT and push it to at least retest the 2.1 area. Is there a triangle...
It's getting embarassing lol I truly hope it won't follow the same path again, otherwise it'd be quite ridiculous imho Anyway, if we manage to find support at 2.519 and hold it, then further growth is plausible. In that case, basing on this 4-times-right pattern we could expect it to visit the 3.51 area and get rejected to the previous high around 2.9 I am...
We found good support around 1.32 and it set up for what looks like a double bottom. The value grew up to 1.60, which was tested twice on March 14th and then March 15th. After the break-out failed, the value dipped around 1.41 where it found a strong support that held a number of attempts to break down even more. The chart looks somehow to be behaving as...
Looks like Fib worked well, we bounced on 0.786 and went back testing 0.5 which offered a good resistance and made it fall back again in the last hours. The strongest support is at 0.4718 but another one to be retested is at 0.5538, which - if held - could build a good momentum for further growth.
The previous chart looked silly enough, but it worked and it looks even sillier now ahah How long is this thing gonna keep following a similar pattern? The trend has been bullish since the start of March and I think it would be healthy for it to slow down a little. However, after March 12th breakout there was a retest of the previous high (around 1.94) and it...
OCEAN turned green - again - tonight. Found support above 1.32 (0.618 Fib level from latest upside move) and passed through 1.45 (0.382 Fib). If it manages to break out of 1.54 too, which stopped it from retesting the ATH on March 10th, it could take another shot at 1.67.
Looks like a silly chart structure but who knows lol. Value growth has been following a similar-looking pattern twice already, and right now it may be half-way to have a third one. If it does, the value could reach 2.32 or so, then followed by a small retracement around previous high at 1.94. Let's see
Symmetrical triangle formation started on March 9th on AVAX/USDT. Volume decreasing as the pattern unfolds. The trend looks bullish basing on both news and sentiment analysis. Two scenarios: +) Potential for break-out above 38 - ) Risk of losing support around 28.9
Yesterday BTC managed to break the resistance around $7400. Over the past few weeks it has been fluctuating within a $6500-$7400 range. A similar range was observed between half November 2019 and January 2020. Following that situation we observed a month-and-a-half-long growth which enabled a 40% increase in BTC value (from $7500 to $10500). Taking into...
The support is holding, seemingly unaffected by the oil crash. The MACD is probably going to cross the 0, however the RSI still looks on the rise. An interesting thing to observe is that the current support is consistent to the one that BTC found at the end of 2019 and that supported it before the uptrend between January and February. I think that what we...
BTC value has managed to keep the support at $6800, could it be a sign for a following uptrend? After almost a week (10/05 - 15/04) of borderline fluctuations up and under the support, BTC seems to have be able to break out from that band. Taking into account RSI and MACD indexes' behaviours, there may be a signal predicting a bullish trend. If this was the...
It looks like the support is holding, as BTC's value has been fluctuating in the range $7000-$6600 over the past few days. Looking at both RSI and MACD indexes, it seems they are showing signs of stability and BTC may be setting up for further growth.
BTC has tested the support around $6800 and it looks like it was able to hold. Over the past two days, BTC value has been slightly fluctuating around the support without showing massive changes. It may be a settling period before further growth, or it could anticipate a decrease. Basing on the current market sentiment and on the observation of past trends and...
BTC halted its steady uptrend and decreased by 6% in 4 hours, however it has not yet passed the value of 6800$ which was a resistance until April 6th, when BTC broke it. It will probably be tested as a support over the following hours. By looking at both RSI and MACD, it seems like both graphs are preparing for a bearish trend. This decrease could be similar to...