ADA breaks below the $1.00 major support area and closes a candle below it. If today's candle also closes below $1.00 then we see more downward movement. The local support is $0.92 area and the next major support is $0.81-$0.82 area. ADA needs to reclaim $1.00 and hold above it.
CHZ is forming a falling wedge pattern and is now at the support level. We may see a bounce from here towards the $0.2 resistance area. A falling wedge is a bullish pattern and we may expect a breakout in the upward direction.
ETH break the $27555 support area and now taking support at the $2580-$2600 area. If ETH breaks below this level then we see a test of the major support of the $2350 area. The resistance is $2755 and $2820 area.
DOT is hovering over the strong support zone around $16.94 - $17.68. Currently, price moving between the strong zones, Around $23.30 - $24.12 is the resistance level. #DOT is a very good coin for a long term and if you want to accumulate some #DOT, then around $18.00 is the good one.
MATIC broke below the support as said better wait for the opportunity. Currently , market laking all stops below that and more likely more gonna dip till next major support around $1.42 - $1.48. You can make a trade over there with stops below the support or swing low.
COTI is been in a serious downtrend since a long time and now reached a one of major level of support. Currently, area doesn't looks good and price is also in a downtrend channel nearly to break it. Right now, better wait price to break above the channel and zone too.
LTO/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here Targets: $0.29-0.35-0.4-0.45 SL: $0.2
VET broke below yhe support and trendline too but ended being pushed up as #BTC plays it move. Now price reached the good resistance zone around $0.061 - $0.062 where price may reject or start a new range between these zones.
XRP is bounced from the support of the $0.75 area. The major resistance for XRP is $0.90-$0.91 area. If XRP breaks this resistance then we see good upward movement. The next support after the $0.75 area is the $0.68-$0.69 area. Keep an eye on the support and resistance levels.
PNT/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so start building in your positions for quick profit Targets: $0.84-0.95-1.1-1.25 SL: $0.6
DOGE tested the lower support of the triangle and held it well. We will see a breakout of this triangle soon. The triangle breakout will decide the next move. The major resistance is the $0.16 area and DOGE is bullish above it. The support level remains the same.
Sol on daily TF looks like price is rejected which created a small retracement back to local support around $142. Currently, structure looks bullish and probability of creating new HH is higher. We may see a strong breakout once #BTC cross the $45,000 mark.
MATIC unable to hold the $2.41 support area and we have seen a test of the $2 support area. MATIC is now trying to break the $2.40-$2.45 resistance area. We will see a rally towards new all-time high if MATIC break and hold above $2.45 area. The major support remains the same of $2 area.
DOGE bounced to the Tesla news and now trying to break the resistance of $0.20 area. DOGE need to close above $0.20 area to turn bullish. If DOGE unable to close above $0.20 area then we will see the downward movement continues. Keep an eye on this resistance area and you can book some profit here if you want.
BINANCE:XRPUSDT XRP tested the major support area of $0.75 and stop hunting is done below the major support area. XRP is now in the accumulation zone and we may see some sideways movement. The next support is $0.70 area and $0.63 area. The local resistance is $0.80 area and major resistance is $0.89 area.
ETH able to hold the $3000 support area. There is a big wick that shows stop hunting and price rejection. The next resistance for ETH is $3300-$3340 area. ETH need to break the $3340 resistance to get some upward momentum.
SOL tested the major support area and bounced from $130 level. Still SOL need to break and go above the resistance area to turn bullish. The market is recovering slowly and we may see a retest of the resistance area very soon. Keep your eyes on support and resistance area.
Bitcoin able to break the local resistance of $42,500 and now trading above it. This is good sign as market is showing some strength after long downtrend movement. BTC need to test the $44,000-$45,000 resistance area now. The whole market is showing some positive move from yesterday.