Hello, Traders! BTC price continues to clamp in a narrow liquidity range of $31000 - $39800 The sellers were the first to enter the market and repeatedly tried to push the price below the level of $31000, but the buyers were able to stop the sellers and responded sharply with the price going beyond the local resistance at $37650. BTC withdrawal continues at...
Hello, Traders! After correction, the price of COMP returned to the active trading zone of $379 - $435. MA100 acts as dynamic price support. Cumulative delta analysis shows the presence of demand from buyers. We may consider purchases in the range of $379 - $421 Stop-loss can be located under the price level of $292 Targets are the price levels $492...
Hello, traders! After correction, REEF price is consolidating in a flat range of $0.023500 - $0.030150 Cluster analysis shows demand from buyers in the range of $0.022500 - $0.026750 We may look for purchases in the range of $0.022700 - $0.023500. Stop-loss can be placed under the $0.018000 level Targets by price levels $0,034300 $0,037000 $0,040500...
Hello, Traders! Open interest in the futures market continues to drop. Therefore, the market needs a re-accumulation (as it happened in the September-October 2020 period) to continue the upward movement. Finding potential long-term trades for the accumulation period would be a good option. According to the chart, we can see that the DOT has completed its...
Hello, Traders! NEO is out of the active trading range of $40.00 - $54.80. At the moment there is a retest of the downtrend. The analysis of the cumulative delta shows the presence of interest of buyers. Buy entry can be looked for in the range of $51.00 - $56.00 Stop-loss can be placed under $42.00 Downside correction targets $76,00 $88,00...
Hello, Traders! After the correction, XLM returned to the main trading range of $0.39 - $0.48. Cumulative delta analysis shows buyers' interest in the asset. Buy entry can be sought in the range of $0.372 - $0.392 Stop loss is to be set under $0.310 level. Price Targets: $0,480 $0,542 $0,652 Good luck and watch out for the market! P.S. This is an...
Hello, traders! After the correction of growth, the price of OMG returned to the active trading range of $4.09-$5.48 At the moment, the buyers showed initiative and the price started an upward movement. The buyers were stopped by the local resistance level of $6.94 It is possible to connect to the buyers on the correction in the range of $5.48-$5.78 It is...
Hello traders, ETH corrected the whole upward movement, which started from the $2140 - $2488 zone. Under sellers' pressure and a cascade of liquidations of margin positions, the price fell to the level of $1740, and then returned to the buyers' control zone of $2140 - $2488. In the apparent trades profile, we see that the area of the highest interest is...
Hello, traders! Starting from $59600 after Elon Musk's tweet, the cryptocurrency market followed the "eco-friendly" trend. Unfortunately, the trend turned out to be descending. Further, news from China contributed to the trend. First, the introduction of restrictions on operations with cryptocurrencies. Then news about the ban on "not eco-friendly...
Hello, Traders! LINK price returned to the active trading range of $34.00-39.00 under selling pressure. We can consider entering a position in the range of $35.75-$37.75 Stop-loss can be set at $32 Targets according to Fibonacci retracement levels: $41,90 $44,02 $46,14 $49,15 $52,00 Good luck and watch out for the market! P.S. This is an educational...
Hello, Traders! At the moment, the market has the strongest correction movement during the current Bitcoin rally. The asset lost 35% from its maximum and 29% from the local peak. The market is under constant selling pressure, which is restrained by the liquidity buffer of buyers in the range of $41600-$44200. The RSI indicator value on the daily timeframe...
Hello, Traders! At the moment, ETH has corrected 50% of the upward movement and continues to be under selling pressure. For some traders, the current correctional movement is accompanied by financial losses, while for others it opens new financial opportunities. We may look for entry into purchases in the range of $2980 - $3020. Stop-loss shall be set under...
Hello, Traders! Bitcoin's dominance has been slipping since the beginning of the year until now. Many coins have rapidly risen in the following the oldest crypto asset. In April, Bitcoin's dominance decline accelerated, and at the moment, its price value has fallen below 50.12 Two time periods are shown for comparison: - 2020 & - 2021 The price value is in...
Hello, Traders! As BTC dominance continues to fall, we can expect the altcoins to continue rising with updates to the highs. After a significant correction, LTC continues upward movement. It is possible to connect to the upward movement in the range of $259 - $270. It would be appropriate to place a stop loss at $234. Fibonacci levels are the targets for a...
Hello, Traders! TRON corrected only 38% of the downside move (0.382 Fibo) Cumulative delta analysis on the higher timeframes shows the presence of demand from the buyers. Entry in the position can be sought in the range of $0.120 - $0.128 Stop-loss can be placed under the price value of $0.11. Targets based on the Fibonacci retracement level: $0,135 ...
Hello, Traders! OMG has corrected and is consolidating in the range of $6.94 - $7.90 Entry in the position can be searched between $7.40 and $7.80 Stop-loss can be set under the price level of $6.58 Targets are price levels: $7,90 $8,78 $9,56 $10,52 Good luck and watch out for the market! P.S. This is an educational analysis that shall not...
Hello, Traders ETH is the current growth leader. The gap of the price value from MA100 on the daily timeframe is 24%. The value of RSI indicator on the daily timeframe is in the bullish zone, above the average line of 50. In case the selling pressure on Bitcoin stops, we can expect the continuation of growth, and now the market can give a good entry point into...
Hello, traders! LINK corrected more than 61% of the upward movement, which began on March 24. The selling pressure on the market continues, due to the lack of purchases on the market. The next Fibonacci retracement level is 0.786 ($28.04). MA100 on the daily timeframe is close to this level. Buying interest can be expected near this level and the MA100. If...