I would expect a retest of the support which we currently bounced from to confirm support, we have the same setup playing out on $DOT. Either we retest and form a double bottom or we flip the little resistance we facing at 1.43-1.47 on the 4hr TF taking us all the way back to the 200-day ema on the daily TF.
Whatever happened to $CAKE? it seems to have lost it's icing. Been in a constant downtrend since August 2021, current daily candle could close as an inverted hammer depending on what happens with BTC, which is quite bearish and get a rejection from the resistance. Reclaiming the area where the order block is at and flipping it would signal a bullish reversal,...
VET broke out of the bull flag which it formed at the bottom of the downtrend and may be preparing for it's comeback. 200 day ema acting as a strong resistance right now. Flip and we could get a 70% recovery.
$MATIC for the past 3 days has been struggling to break above it's current resistance(Area) while others alts have been breaking out. On the daily chart we have the 55 day ema attempting to flip the 200 day ema which would signal a change in trend to the upside considering BTC lets it. we already have the 10,20,55 day ema trading above the 200 on 1hr,2hr and...
Looking through Alice, with most ALTS and BTC looking to make a change in trend from what we have been experiencing for a while. We would need to flip the current resistance which we are facing for alice to move all the way to $12 or get rejected back to the support in the bull flag. Break and close above would be a good reason to scope alice if you didn't get in earlier
