On the SOLUSDT pair, the price has been rejected twice at $46.20 on July 19th and July 30th, 2022 however we are still forming higher lows. On the daily timeframe, the Stoch RSI is above 50 however turning bearish while on the 4-hour timeframe, we are already in the oversold zone which would lead to the following bullish scenario: - Retracement to the first...
Facts: - 1h chart, LINK has been testing many times its support at $33.30 - 1h chart, LINK seems to be in a bullshit flag - 4h chart, LINK is still in an ascending channel going towards its resistance at around $32.6 Signals: - 1h chart, we need to wait for the price close to break its resistance line (descending red line) - 1h chart, we need to see the RSI...
MANA is finally in an uptrend movement after having broken its resistance around $2.79. Despite today's bad performance of BTC, MANA has been very strong with a +23% gain however it seems that it's trying to re-test its support trend-line at the levels of $3.10-15. - On the 4-hour chart, we have a bullish MACD and RSI with a bit of margin before reaching the...
Decentraland is on a downtrend for the past 10 days or so and seems to wake up again. On the 4 hours chart, we see that we have been testing the resistance line 7 times without closing above and we're seeing another test that might be breaking out! Level to watch: 2.79 Target: 2.90
On the 1h timeframe, it looks like we are in an ascending channel for ZILUSDTPERP on Binance. The green box represents an area of support / resistance that we need to break in order to chase the upper part of the channel. What do you think of this analysis?
The price is in an uptrend for the past 3 days (since Sept. 13) and broke to the upside the descending channel it was in. NOW For the past few hours, the price of Bitcoin has touched several times and struggle to break the resistance at $48750. This resistance is materialized by the SSB (Leading Span B) and Kijun on the 4H timeframe. Entry signal for a long...