#ADA UPDATE. #ADA is currently trading in ascending triangle with blue box area as the resistance .For upside move ADA needs to close above the blue box however chances of pullback are higher as ADA is trading with bearish divergence.
#BTC DAILY UPDATE. #BTC has broken above the descending triangle but currently at the blue resistance box ,close above the blue box area could lead more rally and the orange box will be the next resistance for BTC on daily.
#MATIC UPDATE. #MATIC is currently trading in a rising channel and ascending triangle as well.For upside move MATIC has to close above the blue box resitance area on 4H ,however break below the rising channel would lead into dump so keep eyes on matic.
#BTC UPDATE. #BTC has created the double bottom at the blue box area and black line is the neckline (resistance) for btc .Any break above the neckline would lead to a gain of 4% from here,however the chances of pullback are as equal if btc unable to close above the neckline resistance
#BTC HOURLY UPDATE. #BTC is currently trading in falling broadening wedge which generally breaks to the upside with black box as the profit taking zone,so if btc breaks to the upside we need to ttake profits at the black box area .
#AVAX UPDATE. #AVAX is currently trading in falling wedge and got a huge bounce back from the previous support level,if breaks above the falling wedge white box area could be next resistance for AVAX.
#BTC UPDATE. #BTC has broken above the falling channel on 2H TF and is looking to test the blue box resistance which is the double top for BTC ,a close above the blue box area would lead to a little pump and the black line would be next resistance in this case with blue line still acting as the support..
Avoid trading in the purple box zone as there will high volatility in this zone.
BTC has broken above the falling wedge on 1H TF,however blue line is acting as the resistance but since this is weekend time it will not be eay for btc to break above the resistance .
LINK has broken below to the symmetrical triangle on DAILY which is not a good sign for the LINK holders.LINK must close in the symmetrical triangle on DAILY candle but if gets rejected from the resistance ,downside move might continue.
ETH is now trading in descending triangle after the break down from the ascending triangle,ideally eth should test the black box support but currently holding the previous support level.Breakout from here would be long for ETH.
BTC is currently trading in falling channel on 1H and breakout will test the next resistance which is the black line support.
Btc is trading at the purple box support which is the daily support. If btc closes below this level on daily downside move might continue.
BTC has broken below to the symmetrical triangle and lower band of the triangle is the new resistance for BTC,however the support on daily is 19.1k level. we can see some volayile move at 19.1k and if closes below to this we will see more dump .
#BTC UPDATE. #BTC is currently holding the black line as the trend line support and looks like btc gonna test this support again & any break below this trend line support could result in dump again.
#btc has broken above the falling channel and looking to test the next support level at the yellow box area ,not expecting huge move as we are still stuck in the 18.5k-21.5 k range.
AVAX has broken below to the rising wedge and we can expect that avax would go down but currently AVAX is holding the double bottom support ,on losing this double bottom support breakout will play excatly.
BTC UPDATE. BTC is currently trading in rising wedge with upper band acting as the resistance and btc needs to close above this level for long positions.However,btc aslo making the double top at the resistance $ close below the neckline of the doule top will result in dump again.It would better if wait for long position and can take short positions with less...