Bitcoin is still in the down trend we have 2 scenarios . wait until confirming the break of the down trend to buy. details in the chart.
Gala dropped to retest the accumulation zone that happened between 16 september and 17 november. Gala broke the downtrend and moving above it. We may witness Gala bouncing back from here targeting 0.29$
Nasdaq on the 4h chart we can see a nice positive divergence , and on Daily frame , we are forming a inverse head and shoulders with positive divergence and decreasing in volume , price should maintain to hold above 13,700$, targeting 16,000$.
US30 is forming a head and shoulders on the 4h chart , closing under 34,360$ our first target will be 34,043$ second target 33,723$.
bitcoin has susscefuly bounced from the support at 33,000$ and broke the down trend , to confirm forming an uptrend price should brake the resistance and 46,700$ and manage to hold above it. breaking the cluster at (50,960$ - 51,500$) will confirm the bull run toward new highs (71,000).
My scenario for NASDAQ , A rebound from 14,250$ to the resistance at 15,577$ creating the right shoulder , then a bearish movement till 12,900$ . Keep an eye on the market.
Sand has perfectly maintain to hold the prices above the support at 4.43$ a rebounce from here will push the prices to retest the resistance at 5.78$.
The bears failed to push the prices and make a daily colse below the strong support at 15,577$ , now bulls are in control after the excellent pullback from 15,170$.the bulls will continue to push the prices higher in a bull wave towards new highs . The targets are shown on the chart (green lines)
after breaking the falling channel and testing the resistance at 51,500$ , bitcoin failed to close above it , in this condition it shows weakness for the bulls and the bears are gaining the control , breaking the support at 46,100$ will lead the prices for more bearish move targeting 33,000$ , the supports at 44,500 $ and 38,500$ are not strong enough to handle...
NASDAQ100 is forming a head and shoulders on the 4h chart , after retesting 16,440 today it has been rejected for the second time , confirming the rejection by closing a daily candle under this level will confirm the head and shoulders pattern , leading the prices for a bearish move targeting the support at 15,850$.
SHIB is breaking the triangle formed since october after reaching the solid support at 0.000037$ , we will see a reversal in the bearish wave (confirmed by the decline in the volume) by a strong up trend wave targeting 0.00017$.
bears are still in control , the fear of the new covid 19 variant will lead to more "blood" in the market as for BTC , closing the weekly candle under the support at 54,270 $ will lead to more bearish movement targeting 44,500 then 38,500.
sol is still in the correction phase , the bears are still in control 207$ - 203$ and the strong support at 170 , we may see a pullback from this support breaking the support at 170$ will give more power for the bears leading the price to 141$ and 113$ supports.
after the big gains for the helium coin HNT it is forming a rising wedge in an up trend with a strong divergence on the 4h chart and a decline in the volume of the uptrend. a correction for HNT will be after confirming the break down from the rising wedge targeting 39$ - 34$.
after the nice rebound from 1759 , Gold is facing a major resistance at 1865 closing the daily and weekly candle under this resistance will lead the market for a correction retesting the supports at S1: 1830$ S2: 1812$ S3: 1800$
The algorand coin (ALGO) is facing a major resistance at 2.04$ closing the daily candle under this resistance will give us a chance for a good entry at 1.89$ and 1.85$. confirming the breakout by closing a daily candle above the resistance at 2.04$ will move the coin toward the targets shown in the chart.
ADA is breaking the triangle pattern and the nice support at 1.9$ has done well so far confirming the breakout by closing a daily candle above 2$ will give the coin a bullish move toward the targets shown in the chart.
a weekly close below 61800$ may lead the market for a correction testing the 50k after testing the supports 56411$ and 53175$. a weekly close above 61800$ will push the market towards a new highs targeting 69000$ and 70300$.