Previously i posted an analysis of MKRUSDT decribing the Ranges. All the mentioned ranges played there role accurately. Now, MKR is trying to break its Resistance ZONE of 1240.We will not short here as it is already tested thrice now and getting weaker and weaker.So, there is a high probablity that it will break this level and will travel to the next resistance...
After a huge gain to 300$ range BCHUSDT corrected to 233$ support range and now it has broke a major resistance of 250$.If it holds this range i think it will again eye the 300$ range.So, its a good chance to have e LONG position.But as BTC is showing weakness we must use small margin. #BCH/USDT Entry : 251-253 Take Profit : 1)263 ...
From the chart analysis we can see that DOGE was going through a uptrend but now it has broken the previous higher low and eying for a healthy correction as the uptrend is broken and also BTC is showing weakness.So lets have a SHORT position now. #DOGE/USDT(SHORT) Entry : 0.0764 Take Profit : 0.07423 Stop Loss : 0.07824 Risk:Reward = 1:1 {LOWER LEVERAGE RECOMMENDED}
In this sideways bearish market DEFI projects like COMP,MKR,AAVE performed so well. Previously i posted my analysis on COMP in details.Now its time for MKR. Today MKR went up over 10% and now trading between its MAJOR RESISTANCE LEVEL of 1150-1175. It would be hard to break this resistance zone as BTC is showing WEAKNESS. If BTC moves up to 31k again and further...
Previously i posted my analysis of COMP when it was at 50$ range and clearly indicated the upcoming gains and also the important zones that will be followed.The price action followed our analysis and ranges 100% accurately.It went to the resistance zone of 86$ and now retested to the zone of support 68$. Now, its time to retest the 86$ resistance again.As...
For almost a month BTC has been trading between the range of 29.8k t0 31.3k . Now It is showing weakness . Also the USDT marketcap is at ATH. So there is a lot of sideline money to invest. Naturally they will not invest at the peak. First, they will dump the market and then the big players and institutions will enter the market.Heavy deposits have already been...
Entry : 30000-30100 Take Profit : 31100-31200 Stop Loss : 29348 RISK:REWARD = 2:3 STAY PATIENT STAY SAFE
RNDR was at the top 10 gainers of all the recent ALTs rally. As there is a big chance of BTC dominance correction so we can expect a ALTs rally soon if BTC doesn't move negetively. From the chart we can see the price has already touched the LOWER trend line. If it doesn't breakdown the line we can aim the price to UPPER trend line or the resistance zone of 3.043...
BTC was highly dominatimg the crypto market for the last several months. It went more disastrous for ALTs when BTC DOM broke its ,ajor resistance of 48.83 and jumped to 52.1. As a result ALTs bleed heavily. But last night, after the XRP news, BTC DOM started to correct and ALTs started to gain.Most of the top tier ALTs gained over 20%. Now, as shown in the chart...
In recent days, #COMP has gained over 100% and now holding its crusial support zone indicated by the GREEN covered area of 52.65-57.9. If BTC stays positive we can expect that it will hold this major area and will eye for another big RALLY. In that case, there is a high chance that we would see the price to 99.21-103 range where a major RESISTANCE zone...
As we can see BTC is forming a nice triangle which is in the verge of breakout/breakdown. We can expect a big move within 5-10 days. So, its important to know the probable upcoming ranges. If the triangle breakout, then we can expect the range of 28.8k where a major resistance occurs. If the triangle breakdown them we may see the ranges of 24.9k and may even...
Apecoin showed increadible gains after hitting the 2.9$ zone.Now its trading around 4$ and facing selling preasure.Its important to break the Descending triangle to pick the next big rally. The RED lines are indiacting RESISTANCE zones which are :4.223,4.619,5.041,7.517$ The GREEN zones are indicating SUPPORT zones which are :3.5,2.922$ Trade range by range to...
As we all know that FEd interest rate hike decision is coming which is so crucial for the next market condition.As a huge amount of volatility is coming, we need to have clear indications about the ZONES of BTC to avoid LIQUIDATION. The RED lines are RESISTANCE zones which are :17332,17635,18256,19617,20930 The GREEN lines are SUPPORT ranges which are...
CHZ is moving so bearishly now a days.Now we can expect atleast a short term Upward move from the SUPPORT range of 0.131 range. So lets have a LONG position. Position:LONG(5-10X) Entry : 0.135-0.131 Target : 0.1479 Stop Loss:0.1297 Reward:Risk=2:1 As the target is over 10%.You can also take a SPOT buy. Thanks,Stay SAFE.
Optimism is getting ready for a crucial breakout.Its creating a descending triangle with the support range of 1.00$.The triangle breakout will decide the next possible move which is largely dependent on BTC. The Red lines are indicating RESISTANCE zones which are = 1.115,1.372$ The green lines are indicating the SUPPORT zones which are:...
At my previous analysis,i posted the ranges from where it would take correction.Exactly from the falling wedge's selling preasure it went down to the local support of 0.2275. Expecting a short term bounce back from here. Position:LONG Take entry NOW(0.228) Take Profit:0.2337 Stop Loss:0.225 REWARD:RISK=3:1 Thank you,STAY SAFE.
Recently FTM has shown good gains.Now its facing a bit selling preasure and creating a Descending triangle with the support range of 0.216.If it breaks out bullish then we expect the price to go to 0.295-0.31 .And if it breaks bearish them we will again see the 0.167 range on the market.Of course the breakout hugely depends on BTC movements which is largely...