LTCUSD Price retrace back to USD 310 together with Bitcoin dump Reasons to be bullish 1) MACD daily green 2) RSI above 50 daily 3) Above all MA on daily 4) Price finding support at previous resistance, resistance flipped to support 5) Trading in the bull cycle upward channel 6) Finding support at 0.5 fib area Overall still bullish on LTC, price looking...
BTCUSD Overall Bitcoin still trading in the upward channel. Bouncing back from weekly 20MA at 48.5k. Reasons to be Bullish: 1) Bitcoin still trading in the upward channel 2) Bitcoin price bounce from 48.5k 20MA on weekly timeframe. 3) Bitcoin green index at Neutral level 4) Possible to retest previous ATH 65k at the top of upward channel if the 49k support...
AAVEUSD Price is showing good sign of upward section after long time of consolidation. Reasons to be bullish 1) Breaking resistance trendline 2) Strong support at 0.5 fib area 3) Above all MA, golden cross of 20MA and 50MA at daily TF 4) RSI above 50, currently at 56 5) MACD daily flipped green First level of resistance: USD 454 Second level of...
BTCUSD - Making ATH every weeks Not much to discussed about Bitcoin, bullish as usual, RSI level is around 68, suggesting more rooms to go before entering the overbought zone. Price is respecting to the ascending channel, finding support nicely at the trendline. Price found support at 0.618 fib level, both Ascending channel and fib levels suggesting next...
ALGOUSD Forming a nice bullish cup and handle pattern and price is trading in the ascending channel. Reasons to be bullish 1) MACD is green 2) RSI above 50 3) Forming bullish chart pattern (Cup and handle pattern) 4) Price found support at 0.382 after rejected at USD 1.47 5) Creating higher low from past few days, found support at previous resistance. 6)...
LINKUSD Breakout from the symmetrical triangle, heading to another ATH. Reasons to be bullish 1) RSI above 50 2) Above all MA 3) Found support at prev resistance 4) MAcd green 5) Forming bullish breakout pattern 6) Green index is at good buy zone!!! heading to extreme greed zone in next few days First level of resistance will be at USD 41, follow by...
VIDTBUSD Finding support at 0.618 fib area around USD 1.21 Currently previous resistance flipped into support Forming a falling wedge bullish pattern Bouncing from 0.618 fib area Reasons to be bullish 1) MACD daily green - 4 hours still showing red 2) Above 50MA and 100MA 3) Previous resistance turned in support 4) RSI > 50 at daily TF, seems like...
AVAXUSDT With so many news circling around the cryto space for AVAXUSD in Q2, certainly AVAXUSDT looking very bullish. Technical Analysis: Reasons to be bullish: 1) Forming a clear symmetrical triangle breakout 2) Above all MA at daily TF 3) Above baseline indicator at daily TF 4) MACD green 5) RSI level > 50, currently around 62 level, expecting...
SNXUSD Breakout from the falling wedge, finding support at previous resistance trendline. Reasons to be bullish 1) MACD green 2) RSI above 50 3) Breakout pattern of falling wedge 4) Resistance flip to support 5) Above 20MA, 100MA and 200MA 6) Support were found at 0.5 fib area, forming a strong support after the correction from previous pump, indicating...
OCEANUSD Price found support at previous resistance, indicating more upward movement. Reasons to be bullish 1) RSI above 55 on daily 2) MACD still showing green on daily TF 3) breaking resistance and now turned into support - best indication of bullish formation. 4) Above all MA on daily TF 5) Price consolidating at previous resistance Recommended entry...
OXTUSD Breaking out from the descending triangle, very bullish sign. Going to the targets Reasons to be bullish 1) MACD 4 hours flip green 2) RSI above 50 3) Breakout patterns formed 4) Greed index increased 5) Above all MA on 4 hours TF 6) Above weekly VWAP First target will be at 1.382 fib level at 0.99, second target will be at USD 1.07 (1.618 fib)...
BNBUSD Price has broken from the falling wedge, now is forming a big symmetrical triangle, expecting the resistance trend line to break Reasons to be bullish 1) 4 hours MACD green 2) 4 hours RSI and daily above 50 3) Supported by the ascending channel support line 4) Forming a bullish symmetrical triangle 5) Above all MA on 4 hours TF Next target after...
SXPUSD Price is forming a cup and handle formation, well supported at 0.5 fib level during the last dump, forming a nice handles on daily TF Reasons to be bullish 1) MACD green on daily 2) RSI above 50 daily 3) Above all MA on daily TF 4) Cup and handle bullish formation Recommended entry : USD 2.8 - USD 3.05 (previous support levels) , can wait to enter...
LINKUSD Showing a breakout from a symmetrical triangle currently. Reasons to be bullish: 1) RSI is above 55 on daily and 4hrs 2) MACD flipped green on 4 hours TF and soon daily will flip green 3) Above 20MA daily and all MA 4) Forming a textbook symmetrical triangle and breakout currently. Recommended entries : USD 30-USD 29.5 (Previous resistance) Next...
XTZUSD There is textbook trendline support clearly after the recent dump. Forming a very beautiful symmetrical triangle on daily. Reasons to be bullish: 1) RSI is above 50 on daily 2) MACD flipped green on 4 hours TF and soon daily will flip green 3) Above 20MA daily and all MA 4) Forming a textbook symmetrical triangle and get support at the bullish...
OXTUSD Showing inverse head and shoulder pattern clearly on daily TF. Expecting to broke ATH by next couple days Reasons to be bullish 1) 2 days MACD flip green 2) Showing bullish pattern - H&S, currently in bullish falling wedge pattern 3) Above all MA on daily 4) RSI above 55 5) Greed index increase 6) Golden cross on 4 hours TF Possible entry :...
ETHUSD After BTC dumping yesterday, the price finding most important level of support at USD 1750 0.618 fib level. Expecting price to go up from here Reasons to be bullish: 1) Consolidating at support level after dumping 2) Finding support at 200Ma 4 hours 3) Above 20MA on daily TF 4) RSI still above 50 on daily 5) MACD still green on daily However,...
MANAUSD Looking to form a bull flag as well as the ascending triangle formation. Price looking bullish. Reasons to be bullish 1) RSI above 55, in bullish zone 2) Strong support at 0.95 area 3) Forming a bullish patterns - ascending triangle and bull flag 4) Macd - still green on daily, lower TF Macd still red due to yesterday BTC dump 5) Shorter TF Macd...