Bullish momentum halted by the 312sats Weekly Resistance, price then fell to the next Weekly Support which was 211sats. This level held initially but has now broken and flipped to Resistance which has been tested 3 times with no breakthrough. Price has now created 4 Lower Highs and seems set to resume the bearish trend it has been stuck in since the Summer of...
XVG, like most alts, has been in a huge bear trend since Jan 2018 when it was trading around 1500sats. It went through a long accumulation phase between the Weekly Resistance of 53sats and Weekly Support of 36sats from December 2019 to June this year. I have identified a trend-line on the Monthly TF, starting from the peak of the October 2018 candle. The 3rd and...
VET has had a very bullish 4 months after almost reaching ATL's again of 35sats during March of this year. Price has already pulled back quite drastically as this month has unfolded, previously it reached heights of 237sats whereas it sits now at around 155sats with a Monthly Resistance at 158sats. With only a few hours until the Monthly close, it will be...
BNB has been in a bear-trend since its massive rally to ATH's in early 2019 when it reached 48134sats. On the way down price lost the Weekly Supports of 33000sats and 26555sats, however the Weekly Support of 16800sats has held strong since first being tested in March this year. Price is now testing the downtrend identified on the Weekly TF which runs from ATH and...
Having reached a peak of 1593sats during its recent Bullish run, ADA has been on a steady decline. The 1271sats Daily Resistance has held against multiple test and a clear bearish trend-line has been identified on the Daily TF. The Weekly TF also shows that the latest peak of 1593sats was only able to make a Lower High to that of the last peak of 1944sats made on...
On July 1st I advised Learning Crypto Ltd Premium members that XLM/BTC was in an accumulation phase and could be due to make a move up soon, which evidently took place. The accumulation zone occurred between the Weekly Resistance of 880sats and the Monthly Support of 572sats between July 29th 2019 to July 6th 2020! Since the breakout, which topped out at...
In my previous analysis (linked) I spoke about the importance of the 880sats Weekly Support which represents the top of XLM's previous accumulation zone. Price is testing this Support for a 3rd time now, if this level continues to hold and a bullish candle is formed it would confirm a Higher Low on the HTFs. This would be very similar to what occurred on the...
The Total Crypto Market Cap excluding BTC (Total. 2) is currently testing the Weekly resistance of 138.924B once again. The 2 previous attempts to close above this level have resulted in huge pull backs to the Monthly Support of 52.161B, these occurred on July 30th 2018 and June 24th 2019. If we were to see a rejection from this crucial level again and a rise in...
BTC has had a strong bullish run since the flash crash in March of this year, with price making the highest Monthly candle close since December 2017! Since my last analysis (linked) price has broken through both the Monthly Resistance of $9990 and Monthly downtrend. Price now finds itself testing the $11651 Weekly Resistance with just over 1 day to go until candle...
In my previous analysis on XRP/BTC (Linked) I said that I expected the Weekly Resistance of 2231sats to hold and for price to eventually reach the 1400sats Weekly Support. Since then price has broken through the 2231sats level, the Monthly Resistance of 2365sats and has now tested the next Monthly Resistance of 2815sats. We have seen XRP fake-outs in the past such...
MATIC is one of few alts that has had a consistent upwards trajectory since being listed. The plotted uptrend was found on the Monthly TF although more detail can be observed by the Weekly TF. Since being listed MATIC has not had a Monthly or Weekly candle close below this trend-line but with only 2 days till the Monthly close and 4 days till the Weekly close it...
XRP/BTC has been in a massive bearish trend since December 2018 when it was trading at around 10,000sats. As can be seen by the chart the price is far from that now! Price has failed 4 times to break the Weekly Resistance of 2231sats and now finally looks set to head lower, creating a 4th successive Lower High and potentially Lower Low. The next Weekly Support at...
After what looks to be an accumulation period which went from Feb 10th to June 29th price has recently broke through the Weekly Resistance of 4139sats and is now back testing as Support. If price holds this Support there should be nothing stopping it from having another attempt at the Monthly Resistance of 5500sats. However, if price were to lose this Support then...
ETH has rallied very strongly since price tested and held the Monthly and psychological Support level of $100, catching many people by surprise at the speed of the move. Over the past 7 weeks ETH has accumulated along the Weekly Support of $227 before testing this Monthly Resistance we see now at $275, a Resistance that has prove very strong in the past and is the...
BTC price is currently testing both the long term Monthly downtrend and a strong Monthly Resistance. This upcoming Monthly close will have a significance in the assets short and long term outlook.