Important breakout on BNBUSD with the next resistance area around $500, then $600. The momentum is bullish with RSI above 55 and MACD Line above the MACD Signal Line.
After some consolidation period in August and September, AXS broke out and made new ATH , following announcement of a staking program. It got extremely overbought ( RSI > 80) and now it’s consolidating but overall remains bullish . Nearest Support Zone is $120, which it broke, then $95. The nearest Resistance Zone is $150 ( ATH )
The momentum is showing strength for LUNAUSD. MACD is positive and 20EMA and 50EMA are both moving upwards and in parallel movement. There is resistance at $49.50 and LUNAUSD must surpass this resistance to move upwards from this position. I appreciate if you write in the comments all your questions and instruments which you would like me to see...
Breakout with increasing relative strength, expanding positive MACD and 20EMA Daily clearing from the 50EMA Daily I appreciate if you write in the comments all your questions and instruments which you would like me to see analyzed. Thanks for pushing the like button, write your comment, and share with your friends. I would like to thank in you for all your...
Period of Consolidation forming a triangle pattern. There is momentum to the up but we have to be patient to trade a clear direction. I appreciate if you write in the comments all your questions and instruments which you would like me to see analyzed. Thanks for pushing the like button, write your comment, and share with your friends. I would like to thank in...
Falling Wedge has broken through the resistance line. Possible bullish price movement towards the $1.20 level in the next few weeks? appreciate if you write in the comments all your questions and instruments which you would like to see analyzed. Thanks for pushing the like button, write your comment, and share with your friends. I would like to thank in you...
The pressure on the market is mostly down. The number of stocks above the 50-day Average is moving downwards and that shows weakness. At the same time, it can act as a contrarian indicator. Do you think the market will go further downwards before it finds a bottom? I appreciate if you write in the comments all your questions and instruments which you would like...
AXSUSD is around the important pivot of $73. Do you think it will reach the previous high of $94? MACD on the 4H and Daily has just crossed the Signal Line and I am expecting more strength. I appreciate if you write in the comments all your questions and instruments which you would like to see analyzed. Thanks for pushing the like button, write your comment,...
ETHBTC is at its highest point against LTCBTC for these last few years. It's a situation of wait and see. It's always good to look at relative strength of one instrument against a major instrument to take better trading decisions. I appreciate if you write in the comments all your questions and instruments which you would like to see analyzed. Thanks for...
BTCUSD is going through consolidation period. I'm following price action around the $38,000 - $40,000 area and will continue observing volume and MACD crossings on the Weekly timeframe. I appreciate if you write in the comments all your questions and instruments which you would like to see analyzed. Thanks for pushing the like button, write your comment, and...
A strong trend line has formed on the SOLUSD chart on the weekly timeframe. Waiting for the re-test on the 60 Minutes timeframe and follow the buyers strength to enter with a long position. I appreciate if you write in the comments all your questions and instruments which you would like to see analyzed. Thanks for pushing the like button, write your comment,...