Daily Chart: Bitcoin is re-testing the pivotal resistance zone around $66,741 and striving for upward momentum. A daily closure above this zone could ignite a bullish advance towards the $69,466 resistance. Escalating past $69,466 is likely to result in the new ATH above $72,715. A rejection of $66,741 could signal a bearish momentum, exposing the $61,671...
As I have reported out yesterday, technically Solana is trading in the "no man's land" and can move in either direction. A bullish move towards and a break-out of $165 will push SOL towards $205 and, possibly, higher. Below $165 , risk of bearish move towards $131 is still there and, if $131 is broken to the downside, we can see a further bearishness to...
The daily chart for BNB lacks the momentum and is lingering around $594. A bullish Bitcoin can push BNB through this key daily resistance, however a reversal in BTC.D will be a game changer for Binance Coin and we will see the next bullish rally towards $700. A n inability to break through $594 will lead to a weakness with a bearish momentum targeting $543.
The daily chart for BNB is maintaining strength, however it struggles to break $594, the key daily resistance. A bullish break-out of this level is needed for Binance Coin to move towards $656 and higher towards $700 region. A sustained price action below $594 could confirm weakness, potentially triggering a bearish momentum targeting $543, however price action...
Ethereum is bearish in the daily chart and can decline to $2,819, where price action will be very important. The ETHUSD chart has to push up to above $3,006 into the daily range zone towards $3,354, a critical daily resistance. A sustained price action that we see below $3,006 confirms the weakness, potentially triggering a bearish momentum targeting $2,597.
Weekly Chart: Yesterday, the weekly candle closed red, but indecisive, right on top of the support at $61,263, which is also the mid of the weekly range zone. The wide weekly range zone between $54,758 and $67,769, highlighted to CRYPTOLEAN community a few months ago, is characterised by a slow and choppy price action and I have consistency said that a dip to...
AVAX is lingering around the key daily support zone around $33.76. Avalanche has to reverse bullish and move towards $43.21. A break-out of $43.21 will make AVAX bullish in the daily chart and we will see a move to $54.35. Below $33.76, bears will push price towards $28.67 and, possibly, lower to $22.62.
There is a balance between bulls and bears in the daily chart of SHIBUSD. A bullish move and a break-out of $0.00002611 will push price back to $0.00003147. Above $0.00003147 is the next bullish rally zone rally zone. A break-out of $0.00002155 will iwill push price lower to $0.00001910 and $0.00001619, the key daily support.
Cardano has to move back to above $0.4477, otherwise it will dip to $0.3963 and, possibly, lower. A bullish break-out of $0.4477 will push price back to $0.5434. Above $0.5434 is a bullish daily zone and we will see a move towards $0.6562, where price action will be very important. A sustained price action above $0.4477 will increase odds of the dip to $0.335.
DOGE sentiment is neutral in the daily chart and DOGEUSD is teasing the bottom of the range around $0.1423, the key daily support zone. A bullish break-out of $0.1772 is required for DOGE to turn bullish towards $0.2183 and higher. A dip to below $0.1423 will lead to more bearishness in the daily chart to $0.1235 and $0.1011.
XRPUSD daily sentiment remains neutral with XRP staying below $0.5603. A bullish break-out of $0.56 is needed to push price higher to $0.6642, a very important daily and weekly resistance levels. As long as XRP is trading below $0.5603, the potential to revisit $0.4722, the daily support zone, remains valid. Below $0.4722 is the bearish territory for XRP.
Solana is trading in the middle of the daily range zone between $131 and $165, where (1) it can move from in either direction and (2) the price action is expected to be slow and choppy. A bullish break-out of $165 will push SOL towards $205 and, possibly, higher. It is yet to make a higher high relative for the most recent swing and until then there is a a risk...
Intraday Chart: The intraday chart will play a major role today. 1. A bearish break-out below $60,239 results in a dip towards $58,624 and lower to $56,698. 2. Re-claiming $61,742 is what we need today as it will decrease risk of downside in the daily and weekly charts and likely to lead to $63,245. 3. Similar to yesterday, a slow and choppy consolidation...
Intraday Chart: The intraday chart could save Bitcoin as long as it is trading above $60,239. 1. A bearish break-out and a sustained price action below $60,239 results in dip towards $58,624 and, if broken to the downside, lower to $56,698. Re-claiming $61,742 will be ideal, as it will decrease risk of downside and likely to lead to $63,245. A slow and choppy...
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity. Find more in the signature!
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity. Find more in the signature!
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity. Find more in the signature!
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity. Find more in the signature!