BTC has finally successfully smashed the 12,000 USD resistance and made a further 1,000 USD move up towards 13,000 USD which opens up the possibility of reaching 14,000 USD which is one the most important pivotal point to establish a strong support for BTC to aim for the All Time High of 20,000 USD. If 14,000 USD gets rejected, we might again see a move down...
XRP has been consolidating around 0.24 USD since a month. Longing XRP from 0.237 USD area would be a safe bet with a stop loss below 0.22 and target of 0.26 USD. It would also be a good idea to start accumulating XRP at the current consolidation zone by dollar-cost-averaging from 0.24 to 0.22. On 12th December, Flare/Spark tokens would be airdropped to XRP...
LTC has started approaching the resistance zone at 49-49.5 USD. It is likely to get rejected from this zone and pull back towards the previous support at 45 USD which is also the 0.236 fib of the “Trend Based Fib Extension”. Stop Loss should be place above the previous wicks at 51 USD. If TOMO can close few daily candles above the resistance of 49 USD, then it...
TOMO has now approached the support zone at 0.66 USD. If it consolidates in this area, we could see a potential move towards the 0.236 fib at 0.8 USD which was the previous support. Breaking this support could pull back the price of TOMO back towards 0.55 USD. Two possible swings would be : Long from the 0.66 USD area towards 0.8 USD with a stop loss below this...
YFI has been the talk of the crypto ecosystem ever since its launch on Binance and the mega run towards 40,000 USD. It started looking like the next BTC. It formed a Head and Shoulder Pattern on the daily TF but failed to bounce back from the base and ended up losing it support at 20k USD to drop down to its previous support of 12.5 k area. Currently it is...
ETH has successfully managed to stay above the support of 360 USD. On a macro scale, if we continue consolidating above and around this support of 360, we should be able to see a move above 400 USD towards the 0.382 fib. However, loosing the support of 360 can push us back towards the 340 area.
Enter Short at 143.62. TP at 141.81. Leverage 3X. SL : 146.56
If this is the right shoulder on 4H, we should be seeing the following 3 levels soon 1st TP 6063 2nd TP 5927 3rd TP 5734
We are heading towards the 0.19 and 0.21 level soon. 0.18951 0.20975