BNB is in an uptrend and after 5 days of correction, now it is on the support of median line. If bulls support it here, we can expect to move ahead 0.0108 as the first target. The second target can be set on the top of the pitchfork. Stop-loss can be set under the median line and the mentioned support ( 0.0096 )
The trend line has been broken on the EGLD chart already. Now it is on the median line of the pitchfork. Also, it is supporting by the daily MA200 at the same point. Here can be a good entry for the first step. The broken line and the EMA 200 are our next support. So we can buy there for the second step.
BTC was failed to break 46500 resistance in two attempts. Now it has formed an M pattern ( Double Top ). Also, we can see a bearish divergence in the RSI in the daily chart. So if BTC closes a 4H candle under the daily MA200 ( 45000 ), we can expect a bearish move. In that case, 43700$-43800$ can be the next support area.
BTC.D has broken the rising wedge downside in 4H time frame. It can make a chance for altcoins to rise. The next support lines have been indicated on the chart.
Another bullish pattern in the ETC chart. Breakout and retest have been already done. Buy it with low risk and hold it with patience.
MANA has formed the falling wedge pattern in the support area in BTC pair. EMA & MA 200 support it too. Bullish wave is possible in the coming days.
ENJIN has made a bullish pennant pattern in the daily chart. MA200 also supports it. Now it's in a great zone with low risk. Stop-loss can be set under the EMA200.
SHIB has formed a wedge pattern. Expecting breakout soon. Targets have been mentioned on the chart. Stop-loss can be set under the support area.
ONE in BTC pair has made a wedge pattern in the weekly time frame. Daily EMA200 supports it too. So we can buy it in this low-risk area and hold it for weeks for huge profits. Stop-loss can be set under the daily EMA200. Potential targets have been mentioned on the chart as resistance zones. Good luck! 👍
1INCH Falling Wedge Breakout Done ! Good to buy it partially in pullback.
BT.D has made an ascending triangle. Now it is at the edge of the pattern. In the case of downside breakout, alts can make huge profits. By the way, we should wait until breakout.
SHIB has hit this area 3 times before. If BTC continues the uptrend, SHIB also can go up from here. Try to accumulate it from here partially.
BEL is under the resistance and has printed bearish candle ( hanging man ). Expecting retracement toward the 1.20$ level. Stop can be set above the EMA60 and the static resistance ( >1.35$ ) .
BTC Dominance is going to reject from the 46% level. I think it can come down to the 44.55% level in the first step. After that, we can see a H&S pattern and continuation of the downtrend to the 41.5% level. ⚠ The pattern doesn't complete yet, so we should wait and see what will happen.
SHIB has broken out the bullish pennant. Now it has the support of EMA60 at the edge of the pennant. According to its bullish trend, RSI 50 can be a support, either. First bullish target can be around 0.00000883$. Other targets have mentioned on the chart as resistance zones. Stop-loss can be set under the EMA60.
DIA is in a strong support area. Buying here has low risk with an excellent risk/reward ratio. RSI in daily has already reached the oversold area ( <30 ) and now we can expect it to start moving ahead to 70. Try to accumulate it with low risk and hold it with patience. Potential support and resistance zones have mentioned on the chart.
As I mentioned in my last review on MTL, that big move happened and we saw another 24% bearish wave after losing the support of EMA200. 48% profit in total for the short position. Take profit!
MTL has come down to the EMA200 after losing the EMA100 support. Approximately 24% bearish move and a good short opportunity. If today's candle closes below the EMA200 we can expect a bigger bearish movement. Hope you enjoyed it!🍻