ETH again tested the support and hold it perfectly. ETH is now going towards the $4450 resistance area and if this resistance breaks then we will see a rally towards $4600. The local support is $4200 and major support remains the same of $3900-$4000 area. ETH daily candle also holds above $4000 which is good sign.
As expected BTC whales leave a wick below the support zone to liquidate overleveraged position and trigger stop loss. Bitcoin tested the $58,100 resistance area and need to break and hold above it. If BTC hold above $58,100 then we see a test of $60,000. Monthly candle coming and a close above $59,000 is bullish.
DOGE break the support of $0.215 and now testing the lower support. DOGE is now testing the last support of $0.19-$0.20 area and if unable to hold this then we see heavy sell-off in the market. The next good support is $0.16-$0.168 area. The resistance levels are shown in the chart. DOGE need to reclaim the $0.215 area to turn bullish. You can start accumulating...
BTC unable to break the local resistance of $56,000. Currently, #BTC is playing around the bottom of the support zone and this zone must needs to hodl as next major support zone is around $48,700. Whales might play a little below of the support zone to liquidate the high leveraged traders.
DOT strongly broke the support zone as BTC broke below $55,000. Now, alts can recover a but but proper push is not expected. Around $32 is the good support zone and around $29 is the major support area. You can average out the position as DOT will quickly recover as it's a strong coin.
ETH is hovering over tha support zone and stronf hodling above it. $4200 is the strong resistance zone for it. Around, $3550 - $3650 is the next support area. Currently, #ETH needs to break through $4550 mark to turn the bullish momentum otherwise we gonna see the side way move till this month.
Bitcoin holding the support if $53,600 area and bouncing from there. BTC need to go above $56,000 local resistance area and hold above it to again retest the $60,000 area. BTC also tested the 100 daily MA and we expecting a bounce from here. A break of support zone will create more panic and we will see $50,000-$51,000 test (only if $53,6000 unable to hold).
ADA is now testing the support area as expected. You can start building your position near support area of $1.4-$1.5 area. ADA need to bounce from here. The resistance area is $1.8-$2 and ADA need to break $2 to turn bullish. The next support is $1.25 area and then major support near $1.05 area.
Bitcoin now again testing the support zone of $53,600-$56,000 area. The dump is because of BTC futures expiry today and also there is news coming in the market that a new variant of corona virus is found in South Africa. No need to panic as long as BTC holding this support area. The next major support is $50,000-$51,000 area.
BTC still trading in the range and it becomes choppy. BTC will become bullish only after it breaks and hold above $60,000 until then it will stay in the range. Today is the expiry of $2.7 billion futures Bitcoin contracts. We will see a good move by Monday. The monthly candle need to close above $59,000 to remain bullish on higher time frames.
DOT continues to consolidate in a range. Price is fully respecting the major support zone around $40. A strong breakout is expected as we have seen earlier and made a new ATH. If you haven't added DOT yet, add some of them here.
ADA unable to break the $1.8 resistance and now slowly going down. The major support for ADA is $1.4-$1.5 area and this is good buying area. This is no trade zone for ADA. ADA need to break the $1.8 or either test the lower support zone.
Bitcoin just got a small bounce from the support zone and now price coming back to the zone. Well, price must need to hodl this zone of $53,600 - $56,000. Around $58,150 is the local resistance zone and $59,900 - $60,700 is the strong resistance area, where the price needs to break through to turn bullish.
DOT is now testing the major support of $38-$40 area and holding it well. You can add some DOT if you haven't hold any. The local resistance is $45 area and major resistance is $50-$52 area. The next lower support is $34-$35 area. DOT is strong fundamental coin for mid term to long term.
Bitcoin again tested the support zone and bouncing from here. The local resistance is now $58,000 area. BTC is trading in the range of $55,500-$60,000 and we may see more sideways movement this week before a breakout. The resistance to break is $60,000 to go towards the $70,000 area. We will see high volatility in the market in coming weeks.
ETH bounced from the $4000 support area and tested the $4450 resistance area. ETH s now trying to hold the $4200 support area. A daily candle close below $4200 will send ETH back to $4000 major support area. The resistance is $4450 and $4600 area. ETH looks good as long as it holds $4000 support.
ADA break the support of $1.8 area and now struggling to get above it. ADA need to close the daily candle above $1.8 otherwise we will see more downtrend. The next major support is $1.4-$1.5 area. Place your buy orders near the support area and we might get a wick there. ADA is bullish above $2 resistance breakout.
DOGE break the $0.23 support and now testing the support of $0.2-$0.216 area. You can add more DOGE on the support area. DOGE need to break and hold above $0.235 to go towards the next resistance of $0.255 area. Put your stop loss below $0.2 area.