In the 1 day timeframe we see a breakout of the downtrend channel. In 4 hour timeframe litecoin is at the bottom of an ascending channel. Litecoin needs to break the 96 mark zone to grow more but even if we don't see thast breakout we have a good opportunity to swing between 88 and 96
Litecoin is shortly before closing the week above an important resistance level. I expect more grow within the next weeks.
Bitcoin 4H timeframe is somewhat neutral these days. we have a lot of pattern showing in that time frame waiting to be met. Pattern shown in 4H TF are: * Bullish Falling Wedge (Target: 32100) * Triangle (already in bearish play with target: 24300) * Rectangle (already in bearish play with target: 24450) * Rectangle (neutral state with bearish target 23300 and...
CFX had a nice pump and breakout of a long accumulation phase. The signal tested the daily support zone, during a pullback and wasn't able to pass this test. CFX broke through the support area. Depending on the market situation there could be a re-test of the breakout from there it is important how the signal interact, with the new resistance zone..
What's going on with bitcoin? Like I already wrote in my last TA, before the pump, bitcoin lost support on some major levels. We are in front of testing the daily support range again, if we fail here we may see more dump and grabbing new liquidity
I expect BTC to go down testing support zones around 25.2, 23.9 and 22.6k if the pair isn't able to get above 26.4k again.
Pepe was hit hard by the bitcoin correction and a lot of long position were liquidated. It looks like bears are done for now with pepe and we could see the next highs for that pair.
WAVES break out of it's downtrend and is testing the resistance. There is some space for growth left when it go through the resistance.
ID made a rebounce from support zone and is now trying to reach newer highs. When BTC stays stable I expect it to reach 1$ soon again.
We see a confirmed breakout of downtrend here. Support zone around 2.125
As I mentioned in my earlier idea CTSI want to get rid of it's downtrend. Unfortunately BTC is not in a good position to support this idea. When BTC continue it's downtrend CTSI could test trendline around .18, furthermore we could see a test of support zone around .15
When we see a breakout to support zone and find it, at that range, this could be a bullish sign and an option to long
BNB has reached some nice highs due to the SUI release and some good BTC moves. Now we have seen a correction of that pair that might not be over yet.
REN already managed to breakout of the downtrend in lower TF. With a confirm that would be a good entry point for a long position.
What do we see from here? More growth or a pullback? Chart wants a pullback after testing resistance again in my opinion.
We see a breakout of channel and testing support. If support fails good short option
After the grow based from the rectangle pattern bitcoin now is within a new ascending channel. Do we see a parabolic grow from here or a pullback.
CTSI is nearly at its 4H support zone. I expect a bounce back from there.