HBAR just broke out of the upper trendline and is approaching the resistance zone. Can be nice opportunity to enter at the break of current resistance, best TP levels are at 0.4$ and 0.45$, however I'd wait for the break of ATH. Most reasonable SL levels are located below current bottom trendline and below the resistance when broken. Potential bearish scenario is...
Reef price heva retested the 200 EMA yesterday, but decreasing volume isn't a good sign. According to the current situation with Alameda, reef seems like a very risky trade. The price can still grow, but a lot of people went out from this currency and probably won't come back - surely not in the nearest future. We also don't know how this drama will end. BUT it's...
Swipe price is now fighting against strong resistance zone. If we break this level, we can see a major pump here. In the last days we have retested strong support zone (100 EMA, support zone and bottom trendline) and gained pretty good momentum. The best entry will be after breaking and retesting the resistance - I'll be looking for an entry here. Depending on...
AVAX broke out of the two resistance zones in the last few hours. The next major resistance zone is at the price level of ~42.9 - 43$, which is at least a 30% move from here. Current ATH level is located at 60.83$ - 87% price growth from current level. So, to the point - why we can see upside price moves? - Big breakout through crucial price levels - Many...
Algogrand price has consolidated in the last few days. However, it's currently making the ascending triangle with the bottom trendline which was respected from January till now. We can expect breakout in the next few days - the growing volume is the best confirmation of it. Best entry will be after breaking the current resistance and retest. (Not a financial advice)
DOT has experienced 10% growth in the last 4 days, and everything points to further growths. We have formed a short term ascending channel - bottom trendline was tested 4 times and upper one 3 times. Current support level is sitting at the price level between $32 - $31.35, and major support at $28.75 - $27.95. Crucial resistance is at the current ATH ~$42.3 (17%...
REEF has stabilized in recent few days and entered to a horizontal channel. We can also see a squish at the BB on 4h chart. TP targets are at the 0.043 and 0.053, but after a break through 0.053 we'll most probably see a ride for the new ATH. For now, we can have 3 possible scenarios: Break through resistance at 0.043, retest and ride to 0.053 ...
After the yesterday breakout of KAVA, we're experiencing a small correction. The current price sits at the level of bottom trendline, and slowly starts heading up. If you've not bought KAVA before, it looks like a great place to jump into the trend. Resistance levels are placed in ~$5.22 and $5.59, which are 18.50% and 26% from current price. After breaking the...
Currently, price osscilates around the level of strong, downside trendline. We can have ~3 potential setups here: - Breaking through the upper trendline, bouncing off the resistance at the 1.15 and then going up - Breaking through the upper trendline and going straight to the 1.42 resistance - Breaking through the lower trendline and going down (very unlikely to...
In which direction REEF will go in the next days? If we break below the key support at 0.024 , we'll probably see a downside move to the next support at the price of 0.019. We have 3 potential bullish setups: Move to the support at the 0.027 and then bullish breakout from descending channel Move to the support at the 0.024 and then bullish breakout Move...