CHZ is current broken out of the symmetrical triangle and we can expect a breakdown of 22.78% which takes chz to previous support level at the green box area.Therefore,we might expect new leg after chz test this green box area any long position is risky as we have green box as the next support level for CHZ.
#ETH UPDATE. #ETH is currently trading in a rising wedge which generally breaks to the downside,keep eyes on eth as if breaks below to the support and can retest the previous support levels.
Analysing the current BTC move.. #BTC has again come to retest the resistance level but we have decrease in the voule as btc approaches the resistance level.Since this has been the Strongest resistance since past few days it wont be easy for btc to close above it. Will still wait for the daily close as reversal is also possible from here.
#ETH UPDATE. #ETHis currently trading in falling channel and break above this channel would give give a small breakout with 1350 resistance and close below would take eth to test the previous support level.
SHIB has broken below to the ascending channel and now the blue line is the new resistance for shib,expecting pullback if it continues to trade below the resistancewith retesting the enxt support level.
#GALA UPDATE. #GALA is currently trading inside symmetrical triangle and can breakout in either direction. On breaking to the upside GALA likely to retest the next resistance zone which is around 0.042 level.
#BTC UPDATE. #There is nothing new btc still trading between support and resistance but the red line support has emerged as the strong support for btc .If btc loses this support on 4H it will not be good sign for bulls in short.However there is no signal of reversal yet.
#IOTA UPDATE. #IOTA has lost the trend line support on macro level but on micro level IOTA has broken above the falling wedge but in order to move upwards IOTA needs to clear the "area of confluence" which is acting as the strong resistance
#BTC UPDATE. #BTC is currently trading in ascending triangle and has been able to hold the trend line support,keep eyes on the trend line as if it loses trend line support we might again see a pullback
#ETH UPDATE. #ETH broke above the resistance but could not hold above the blue box area due to selling pressure at the resistance and now it has lost the blue-yellow support on 4H candle.We might see a pullback again if eth could not close above the blue-yellow line.
#BTC UPDATE. #BTC repeating the same story again and again,again close above above the blue box resistance but could not hold and now again trading below this level. 👉🏻Avoid trading in current situation longs and short both can be risky here ,only enter on confirmation or pullback entry is suggested
#ETH UPDATE. #ETH has broken above the symmetrical triangle and blue box resistance as well,now the blue box area is the new resistance for ETH. Can take some long positions with blue box area s the new support and the stop-loss.
#BTC UPDATE. #BTC has broken above the resistance zone area successfully and again it has reached a crucial resistance where btc got rejection,in oredr to keep moving to upside btc needs to close above the current resistance atleast on 1H TF. However,trend change will take time,follow us to get ASAP.
#ZEN UPDATE. #ZEN has broken above the symmetrical triangle as well as the blue box resistance level which is now acting as the support level,Therefore,some longs here are possible .The upper line of the symmetrical triangle is now support which will act as the stop-loss.
#ETH UPDATE. #ETH is currently trading in symmetrical triangle and ascending triangle with blue-yellow lone as the support.In oredr to move upwards ETH needs to close above the blue resistance zone however a close below the blue-yellow support will result in another dump for eth holders.
#BTC UPDATE. #BTC is still trading with same resistance and same major support on macro level,while on the micro level the red line emerging as the strong support on 4H and btc has been able to trade above this support since 24hours now. 👉🏻For me a close below the red line support on 4H will again be a bearish sign.
#bitcoinupdate Bitcoin is struggling at the resistance around 19.5 k level and any long entry from here could be risky until btc closes above current resistance box area ,do not enter into longs without confirmation as the market is pretty shaky and pullback can happen.
AAVE is current tradinmg at the resistance box area and close above it might give us long position while chances of pullback are also high here until aave closes above the resistance.