BTC perfectly hodls the support after the swing structure broken but still we need a break and close Above the resistance level to kick in some bullish sentiment. On daily TF, we can aggressively push higher if the daily candle closes above this resistance area.
ONE again dips back to the support zone exactly and bounced. Trade running in tiny bit of profits, so manage the trade properly. There's a symmetrical traingle pattern forming, which can breakout soon as soon as #BTC will broke the resistance. Those who bought at the support can hodl with tight stops.
BTC still sustaining over there, price again tapped the zone and look like a tiny range started on the LTF. Currently, price is hodling over the resistance so we may see breakout by this weekend or by monday. In case of pullback $49,200 - $49,500 a good area where a bounce is expected.
XRP started to aggresively push to the upside with other alts. Price broke the down resistance line and about to hit the major resistance zone of $1.05 - $1.09. #XRP is now taking a pullback $0.85 - $0.88 is the expected level were price can reached. You can execute a trade with proper risk management at that level.
ENJ broke pattern and and shifted the structure. Price now testing the local support zone. We've 2 areas to accumulate #ENJ, 1st at C.P ( $2.60) and 2nd at $2.25. Targets will be major resistance level around $3.20 - $3.30.
BTC broke the wedge pattern and hodling above it. Price is now retesting resistance turned into support and might go slightly lower to test the resistance line too. Majority have switched the bias so we may see a small range during this week and a aggresive rally is expected till or after new year. $50,200 is the minor resistance zone.
MATIC took a sharp bounce from the support zone and about to hit it resistance zone / ATH mark around $2.43 - $2.70. We already have a call running on #MATIC at $1.80, still going good. You can secure major position here with stops at entry. We may see a pullback now, and below $2 will be potential buys zone.
ENJ broke the falling wedge type pattern, from the local support around $2.20. Price shift the market structure to bullish. Currently, ENJ reached its local resistance area around $2.75, so we may see a pullback now, which is our potential entries. We gonna update you with entries.
Bitcoin break the falling wedge and trading above it. This is bullish sign after long time. The next resistance level is $50,000 and after a break above this we see bullish sentiment in market. We may see more upward movement if BTC hold above the falling wedge support.
XRP is now trading above the $0.87 support area and showing little strength because of the airdrop news. The major support for XRP is $0.745-$0.78 area. The local resistance for XRP is $0.93 and major resistance is $1-$1.10 area. If XRP hold above $0.87 then we see a test of $1 resistance area.
ENJ formed a Head & Shoulder (H&S) pattern and after that continuously in downtrend. ENJ need to break the $2.50-$2.55 resistance area to gain some bullish momentum. The next support is $2 area. If ENJ break $2 support then we see more downward movement. Keep your stop loss below $2 support area.
SHIB tested the 3000 support area but still no sign of strength. We may see more downward movement in SHIB. If SHIB unable to hold the 3000 support area then we see test of 2650 support. The first resistance to clear is 3400 to gain some bullish momentum.
Bitcoin is back in the trading range and this is turned to be a fakeout to trigger stop loss as mentioned. The resistance remains the same of $48,800 for the trading range. BTC is trying to hold $47,700 on weekly chart. Today is the weekly candle close and lets see where it close.
Bitcoin again testing the support zone. Bitcoin still trading in the range and we will see a breakout soon. The support and resistance levels remains the same. A break below $53,600 will create panic and send us back to $50,000-$51,000 area. A break above $60,000 will open the gates for a new all-time high towards $70,000.
Bitcoin tried multiple times to break and hold above the $58,100 area but unable to close a candle above this level. The weekly and monthly candle not looking promising. BTC need to go above $60,000 to turn again bullish. Currently Bitcoin is trading in the range and we will see a breakout soon. This week will decide the future movement.
ADA tested the support zone and bounced from there. We hope that you build your position near the support area. You can place your stop loss below $1.25 area. The first resistance for ADA is $1.8 and major resistance is $2 area.
Bitcoin trying to go above the $58,100 resistance area but get rejected from there. The wicks showing price rejection. BTC is taking local support at $56,800 and a break below this again send us to $55,000 area or below. We will see high volatility from next week.
DOT tested the $32 support area and bounced from there. The major resistance for DOT is now $38-$40 area and DOT need to break it. We may see some sideways movement for next few days. You can accumulate more DOT near support areas.