Pitchfork still holding up. Dipping below the red zone has been a buy for the past 3 sessions. A break higher today or tomorrow puts price right around $13,000 as the next resistance level. A break lower today or tomorrow puts price right around $10900 as the next support level.
TL;DR -- $9,388 is an impressive, current session high, but a dramatically rising funding rate will likely add some friction to achieving $10,000. Read more here: twitter.com
After experiencing 6 attempts at cracking the $8950 level w/only 1 being successful (and then ultimately failing) the current setup shows that anything over $8950 on volume likely squeezes a number of shorts that have repeatedly defended this level. twitter.com
On a shorter timeframe, 4-hourly, BTC is at an inflection point from the $6200-$6400 breakout level.
Peak to trough fib retracement in the cards for #BNB. Next level is $20.67 but $20 is a big psychological level.
Stellar Lumens, #XLM aka #STR, appears to be catching a bid here and breaking out of this extremely low volume sell off over the past 5 months, with today's and yesterday's session showing > 5x average daily volume. Still early, but resistance is the 200 day at 3200 sats.
I'm not an expert, but this sure does look like a cup and handle on the weekly time frame for #LTCUSD. Bullish.
Daily, #BTCXMR. Monero attempting to hold the 10 day here with the 20 day about to cross over the 50 day.
Looks like we head lower or sideways with this sell 9 in place.
The pattern is centered around the 20 Day moving average and bollinger bands.
#XMRUSD flashing overbought on Bollinger Bands, RSI (barely), Stochastics and Williams %R. Trend is clearly higher but it may pause here.
#XBTUSD 10-day crossing over the 50-day. Past 3 previous times, this has happened YTD, #Bitcoin Futures on @BitMEXdotcom has seen a 15-35% price increase. #BTC #BTCUSD
Weekly, #XMRUSD As previously mentioned, a close above $115 would be bullish and Monero closed the week at $120 on a huge, bullish engulfing candle on 240% higher volume from the previous week as well above its 10 week moving average. Monero needs to hold this level for a true trend change.
Weekly, YTD, #ETHUSD. Ether just looks like death. Nothing about this chart makes me want to get long.
Weekly, #EOSUSD. EOS put in a large, bullish engulfing candle on the weekly on average volume, rising 34% in one week. More importantly, EOS broke out above the large descending triangle and closed above it. Looks higher.
Weekly, #BTCUSD. Bitcoin closed right at the resistance line of the large, YTD, descending triangle which is also the 20 week moving average of $7300. A breakout of this triangle, and a weekly close above it, could signal the break of the 9 month down trend.