cryptomathemagician

cryptomathemagician

If you zoom out and switch to the daily chart, you will see that the structure is still intact. BTC is making higher highs and higher lows. Till the trendline support breaks and we start making lower highs and lower lows, there is no need to worry about a bearish cycle.

cryptomathemagician

BTC has maintained its trendline support area as seen in the above graph. It has bounced perfectly from the horizontal support at $50,300. This indicates that there is a good buying pressure and demand in this zone. We could see a potential tap of the $46,000 and $42,000 areas which would be good places to enter BTC long trades.

cryptomathemagician

NANO has broken out of an accumulation zone and made an impressive move upward. It is currently trading just at the resistance of fib 1 at $11.38. If it can break this resistance, we could start seeing a higher move towards $15.92 and $23.28. Failure to break this resistance could lead to a drop towards $9.80 and $8.57. NANO is trading at $11.25 with a market cap...

cryptomathemagician

EWT has been maintaining a beautiful ascending trendline support. It has also formed a good support around $13.8 and is currently trading above the support fib at $16.72. As long as EWT is above this fib, we could start seeing a move towards $21.28, $23.28, $25.83, $33.20 and $45.12. Failure to hold the support at $16.72 could lead to a drop towards the support at...

cryptomathemagician

VET is currently trading above the support zone at $0.1261. Its first resistance will be at $0.1358. If it can break this resistance and close above, we could start seeing a move towards $0.1417, $0.1513, $0.1581 and $0.1668. 0.1668 is an important resistance level and we might see a small rejection there. If VET can flip this resistance to support, then we could...

cryptomathemagician

LTC is currently trading close to the resistance zone at $244. If LTC can claim this resistance zone, we could start seeing a move towards $263, $290, $369, $496 and $623. If $244 gets rejected, then we can see a pull back towards $211, $190 and $162 which could be good areas to long in case the resistance gets rejected. So you can place your long orders either...

cryptomathemagician

CAKE has broken the resistance at $18.98 and created a new All Time High after retracing back to the lower fibs. As long as CAKE stays above $18.98, we could start seeing a move towards $22.75, $24.77, $30.60, $40.03 and $49.49. Failure to hold the support at $18.98 could lead to a drop towards $17.08 and $15.34. CAKE is trading at $20.70 with a market cap of $...

cryptomathemagician

On the XRP / BTC chart, XRP needs to break the resistance at 2277 and close above the trendline resistance. Once it closes above the trendline resistance, if XRP can manage to claim 3729 sats, we this would catapult the XRP/BTC pair to a 16000 sats and will definitely help the USD pair.

cryptomathemagician

XRP has broken out of a multi-year down trend when it crossed the resistance at $0.60. XRP looks extremely bullish and if Ripple can get the verdict of the case against SEC in their favor, XRP can easily reach $1.43, $1.84, $2.26, $2.84, $3.59, $5.76 and $9.25.

cryptomathemagician

SPI is trading near the support area of $219. If it can manage to stay above this support, we could start seeing a move towards $240. If this resistance gets broken, we could see a higher move towards $268, $297, $321, $345, $379, $422 and $547. Failure to hold the support at $219 could lead to a drop towards $174 and a potential drop towards $118.

cryptomathemagician

ATOM is in a very good accumulation and compression phase. It has been able to hold the support at $17.75 and is trying to break the resistance at $21.17. If it can break this resistance, that would be a good entry point for ATOM with a stop loss below the support of $17.75 (wait for candle closure). Entry points: $21.17 to $17.75. Flipping $21.17 to support could...

cryptomathemagician

SHR is currently trading above the support zone of $0.0857 which is a weak support. It has successfully flipped the resistance at $0.0726 to support. $0.0726 and $0.0857 are good areas to place long bids. As long as SHR is above $0.0726, we could start seeing a move towards $0.1069, $0.1162, $0.1624, $0.2180 and $0.2735. Failure to hold the support at $0.0726...

cryptomathemagician

TOMO is currently trading above the 0.618 fib at $2.60. It has a decent support at $2.26 which is the 0.382 fib and a strong support at $2.13. All these 3 areas are buy zones and you can DCA your entries at these levels As long as TOMO stays above these support zone, we could start seeing a move towards $2.84, $3.14, $4.02, $5.45 and $6.88. Failure to hold the...

cryptomathemagician

ZIL is currently trading above the support zone of $0.1537. As long as ZIL is above this zone, we could start seeing a move towards $0.2206, $0.2385, $0.2614, $0.3275 and $0.4343.

cryptomathemagician

Ever since DOT broke out of the consolidation zone below $7.10, it has been unstoppable and we saw a 6X rise in DOT price. DOT is currently trading just above a crucial support zone of $27.75. As long as DOT stays above this price, we could start seeing a move towards $35.86, $40.81, $44.81, $48.81, $54.51, $61.77 and $82.73. However, the current support level of...

cryptomathemagician

FIRO has broken an important support zone of $7.32 and is now trading just above the weak support area of $6.94. This drop was triggered by the drop in BTC price. If FIRO can quickly reclaim the support area of $7.32 and close few daily candles above it, this would act as a perfect retrace. We could start seeing a move towards $8.46, $9.16, $9.72, $10.29, $11.10,...

cryptomathemagician

STMX was in a long term consolidation zone below $0.02. As soon as it broke out of this consolidation, we started seeing a parabolic move in STMX Price. STMX is trading just above the weak support of $0.04902. It is likely to test the lower support zone of $0.04375. As long as STMX is above this support zone, we could start seeing a move towards $0.05888,...

cryptomathemagician

ONE was consolidating at the $0.0400 area for a long time. Once it broke out of this consolidation, we saw a rally towards $0.1084 before settling down at the support of $0.0769. ONE moved towards the 1.618 fib at $0.1890 and retraced back towards the 1 fib at $0.1462. As long as ONE stays above the 0.618 fib at $0.1222, we are likely to see a move towards...