There's been a bullish rally, which has had everyone speculating about new projects such as ORDI in the crypto scene. after reaching a high of 27.99 in mid-November, it has been accumulating volume, preparing for it's next bull phase. On the daily TL we see a divergence formed from 02/11-24/11 indicating that price might be ready to move to a new high. Expect to...
After a retracement to $36,700, price has formed two bullish engulfing candle patterns, signifying trend reversal and a loss of bearish momentum.
Price seems to be holding steady at $0.38, testing it a few times making it a strong support. There's a bullish engulfing candle after two doji cross candles, signalling price reversal. The MACD is also about to cross which will be the confirmation to enter a long position.
While GRT isn't so popular, it is considered the backbone of many DeFi projects. As seen on the chart price is actually holding out strong on the 0.14$ support on the 1H tl, indicating that the uptrend will continue. For investors looking to buy GRT, now is a good time. This is a good coin with a lot of potential.
Looks' price had been in a downtrend for a significant period but, the recent boom in the market saw price break out of resistance at 0.06. Token unlock event has also contributed to pushing price to a new level at 0.1 where it's currently in accumulation.
As described previously, the support at 5.4 is proving to hold. After multiple tests, price is consolidating here emphasizing lack of bearish momentum. A divergence formed on the MF indicator suggests a trend reversal.
Celestia on 1H chart shows a downtrend with a negative CMF, indicating selling pressure. However, the price is at a strong support level , which could signal a potential reversal if buying interest persists and the CMF trends upward.
Will BTC reach $40K? After reaching a new high of $38k in Nov, which has historically been a bullish period, BTC has overcome critic sentiments and sustained a bullish momentum,. I see correction at FWB:36K and bullish continuation into the new year.
Ethereum broke through 2040, currently going for a retest at prev high 2072. Entry at 2035.7 (TP-2070, SL-2029). Another RR 4, today 22.11
SOLANA is currently struggling to break resistance at 55.5usdt, which was a previous support. The bears are starting to smell blood and may push price back to 52usdt. RSI has formed a hidden bearish divergence is also signalling a good time to sell: entry at 55.43usdt (SL; 55.85, TP; 53.55)
As seen on the chart, amidst the bullish market of October, Ravencoin has remained bearish indicating loss of interest by investors. It keeps forming LH and has not performed well since the start of the year. The oscillators are indicating a bearish divergence. Entry at 0.01719, TP-0.01679, SL-0.01724
Ethereum is currently testing newly formed support, 2055. There's also a bullish divergence on MACD, entry at 2058(TP-2066, SL-2056/ RR 4)