cryptomathemagician

cryptomathemagician

QTUM was consolidating in the $2.2 to $4.2 area for over a year and made multiple attempts to break it. Once it broke the resistance at $4.2, we saw an immediate move towards the next resistance at $5.5 which did not hold. QTUM will target the next resistance zone at $9.9 and could get rejected and drop down towards $5.5 and $4.2 to retest for support and continue...

cryptomathemagician

As per the weekly candle, TRX has a good resistance at $0.054 area. If it can break this resistance, we could see a move towards $0.061 and $0.087. Failure to break the resistance at $0.054 could lead to a drop towards the support zone at $0.037 which would be a good area to long TRX/USD.

cryptomathemagician

TRX had been ranging around the support zone of $0.029 to $0.032 and consolidating. As soon as it broke above the $0.032 area and moved above the trendline support zone, it started an impulsive move towards the previous high of $0.049 (Sept. 2020). This also coincides perfectly with the 1.618 fib. There is a very high probability of TRX getting rejected from this...

cryptomathemagician

BCH has been another coin that has been lagging in price action compared to its peers. It is currently trading close to a crucial resistance zone at $495. If this resistance gets broken, we could start seeing a move towards $550, $591, $648, $721 and $933. Failure to break the resistance at $495 could lead to a drop towards the previous support zone at $431, $377...

cryptomathemagician

EOS is currently trading above the support zone of $3.05. EOS has been lagging in price action and is in a consolidation zone so a breakout is expected. As long as it is above the support zone at $3.05, we could start seeing a move towards $3.66 which is a key resistance area to break. If this resistance gets broken and if EOS can close few daily candles above...

cryptomathemagician

LTC is entering a resistance zone at $164. It will most likely get rejected here and fall down towards the support zone at $149. If $149 breaks, we could start seeing a drop towards $141, $136 and $126. If the resistance at $164 breaks, we could start seeing an impulse towards $174, $187 and $225.

cryptomathemagician

1INCH is currently trading above the 0.618 fib zone of $3.64. As long as 1INCH stays above $3.64, we could see a move towards $3.82, $4.05, $4.72 and $5.79. If the support of $3.64 cannot be maintained, we could see a drop towards $3.39, $3.27, $2.97 and $2.70.

cryptomathemagician

BTC is currently at the resistance of the 0.382 Fibonacci level at $38,200. If this resistance gets broken and BTC can close a few candles above this zone, this region could be flipped to support. In that case, we could see a move in BTC price towards $41,100, $44,000, $48,000, $53,200 and $68,100. Failure to break the resistance could lead to a drop towards...

cryptomathemagician

FTM pulled a massive candle yesterday where it rose from the low price of $0.1 and went all the way up till $0.26 and retraced back towards $0.14 to form a weak support. As long as FTM stays above the support zone of $0.14, we could start seeing a move towards $0.16, $0.18, $0.20, $0.23, $0.26 and $0.36. Failure to hold the support at $0.14 could lead to a drop...

cryptomathemagician

XTZ is trading just above the support zone of $2.69. As long as XTZ is trading above this support zone, we could start seeing a move towards $2.92, $3.08, $3.22, $3.43, $3.69 and $4.44. Failure to hold the support at $2.69 could lead to a drop towards $2.46 and $2.28.

cryptomathemagician

DOT is currently trading just below the support zone of $15.89. If it cannot reclaim this support zone, we could start seeing a drop towards the previous support zone at $14.73 and a less likely but possible drop towards $12.72. Once the supports have been established, we could start seeing a move from DOT towards $17.69, $19.49, $20.94, $22.39, $24.46, $27.10 and $34.71.

cryptomathemagician

ETH is currently trading above the support zone of $1242. How this support holds will determine the course of action for ETH in the near future. As long as ETH can stay above this support, we could see a move towards $1341, $1401, $1450 and $1500. However, if the support at $1242 breaks, we could start seeing a drop towards $1184, $1114 and $1046 which would be...

cryptomathemagician

If Sushi can break the resistance at $8.56 and flip it to support, we could start seeing a move towards $9.36, $10.39 and $13.37. Failure to break the resistance at $8.56 could lead to a drop towards $6.98 and $6.04.

cryptomathemagician

UNI has entered the resistance zone at $12.21. If it can break this resistance, we could start seeing a move towards $13.92 and $16.80. Failure to break the resistance at $12.21 could lead to a drop towards $10.63, $9.35 and $7.89.

cryptomathemagician

AAVE is currently trading at $254 and has a weak support at the 0.618 fib $234. If it can stay above this fib and turn this zone to support, we could see a move towards $280, $355 and $475. Failure to hold the support could lead to a drop to $220, $200, $177 and $159.

cryptomathemagician

THETA is trading above the support zone of $1.81. It has a resistance at $2.12. If this resistance can be broken, we could start seeing a move towards $2.40, $2.64 and $2.87. Failure to break the resistance at $2.12 could lead to a drop towards $1.81 and $1.66.

cryptomathemagician

If FTM can break the resistance at $0.035, we could see a move towards the next resistance at $0.039. If it can clear both of these resistances and close candles above these resistance zones, we could start seeing an impulse towards $0.048 and $0.064. Failure to break the resistance could lead to a drop towards $0.029 and $0.026. Currently it is trading in between...

cryptomathemagician

RSR is currently trading close to the support of $0.036. It has a good setup to scalp. If it can hold this support, we could start seeing a move towards $0.041, $0.046, $0.050 and $0.054. Failure to hold the support at $0.036 could lead to a drop towards $0.033.