The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
The BYBIT:TONUSDT chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
Daily Chart Binancecoin is neutral in the daily chart and teasing the top of the daily range zone at $589. An inability to break $589 to the upside will push BNB price towards $480, however the price action towards $480 will be slow and choppy. If Binancecoin is unable to maintain price above $480, the daily support zone (marked grey) we will see BNB in the...
Daily Chart Ethereum is trading in the bearish territory in the daily chart. It is having a rangebound price action between the key resistance zone around $3,409 (marked in grey) and a minor support at $3,200. Below $3,409 resistance, there is a high probability for a dip towards the key daily support zone of $2,781-$2,956. The price action with this zone...
Daily Chart Bitcoin price is trading in the daily range zone between $65,400-$70,838 and forming a corrective structure (most likely, a triangle), before another bullish extension. The daily candle closure and a sustained price action above $70,838 or, even better, above $71,604 will push Bitcoin price towards $77,250 and, possibly, higher to $82,890, the new...
BNBUSD Weekly Chart Conditions for a Bullish Scenario In the weekly chart, BNB is lingering around the key weekly support zone at $577 (or the range of $563-$597). It has to maintain the price action and weekly candle closures above this zone, preferably above $597 to remain in the bullish territory. A price consolidation above $597 will push BNB towards the...
Ethereum Classic recovered from the daily range zone between $26.49 and $29.43, which is positive. A sustained price action above $29.43 or, even better, a daily candle closure above $31.02 will will result in a re-test of $32.91-$34.26 where the Ethereum Classic price action will be very important. A rejection of $31.02, followed by a bearish break-out of...
Bitcoin Cash is moving strongly bullish and trying to break through the key resistance zone of $471-$488. A bullish break-out and a daily candle closure above $488 will lead to re-test of $528 and a strong bullish move towards $600. An inability to sustain the price action above $471-$488 will lead to a dip to $435.
In the daily LTCUSD chart, in the beginning of the week, Litecoin had a fake-out to below $80.43 into the daily range zone. However, it recovered strongly, re-confirming $80.43 as a support. The current price action in Litecoin is very interesting as it is testing the key daily resistance of $88.82-$92.07. A bullish break-out of $92.07 is needed to have a rally...
Not much changed since the last update, since Shiba Inu found a support at $0.00002399-$0.00002509. It is struggling to break through the resistance of $0.00002769 for the last 5 days though. A bullish break-out of $0.00002769 will result in a move to re-test $0.00003107. However, a bearish break-out of $0.00002399-$0.00002509 will push SHIB price lower towards...
ICP is trying to push into the bullish territory in the daily chart above $13.54. A bullish daily candle closure above $13.54 and a sustained price action above this level will result in a move towards the key daily resistance zone of $15.27-$15.94. An inability to sustain the price action above $13.54 will lead to (1) a dip into the daily range zone where ICP...
Polygon MATIC declined into the daily range zone between $0.89 and $1.01 where we will continue to observe a slow and choppy price action. A bullish break-out of $1.01 will result in a move to re-test $1.14-$1.20. A bearish rejection of $1.01 will push MATIC price in the key daily support at $0.89. And, a bearish break-out of $0.89 and a sustained price action...
After dipping to below the key support of $17.40, Chainlink price is trading in the daily range zone between $17.40 and $19,56 and where we will continue to see a slow and choppy price action. A bullish reversal from the current price location or after a re-test of $17.40 will result in a bullish move to $19.56. Upon a bullish break-out of $19.56, the key daily...
Polkadot is consolidating in the daily range zone between $8.34 and $9.38 where we continue to see a rangebound price action. A bullish move from the current price location and a break-out of $9.38-$9.79 will send DOT price higher towards $10.30-$10.74 and higher. A bearish break-out of $8.34, the key daily support, will push Polkadot price towards $7.46.
Tron is trading in the wide daily range zone between $0.112 and $0.126. A bullish move from the current price location reclaiming$0.126 will result in a slow upward move to $0.138. As long as TRX in the daily chart is trading below $0.126, the bears are in control and will try to push price to the key daily support zone of $0.106-$0.112. A bearsih break-out of...