LDO Lido looks like it's ready to retest this support trendline at around $2.627. The main question is, will the uptrend trendline hold or it will break and it will go even lower to our potential next support levels?
BTC Bitcoin from my POV. Don’t hate me on this one it just seems like a logical and healthy move in my opinion. About the second wave that I drew, I’m not sure, but without looking at any news it seems a logical move. I don't believe that we are in a bull market phase where there are no pullbacks.
XAU Gold got rejected 3 times from this resistance zone. There were only sell opportunities, isn't that enough? The resistance trendline is getting weaker in my opinion. Keeping my eyes on this Fib. Golden zone that the price respects the most. The price has the potential to rise if we break this resistance zone.
KSM #Kusama on a lower timeframe looks bullish. As I mentioned before, some of the coins look bullish & some of them look bearish. Price bouncing back from this demand zone, money flow tries to break through into a positive, etc. Full send again after breaking through this Resistance Box.
BNB Binance looks strong at the current moment, but it has more room to go down. That's what I believe. If you zoom in it’s inside this descending channel. Keep an eye on this channel/flag, cause it can always break to the upside.
DOT Polkadot H&S Pattern played out perfectly. Now it’s retesting the neckline/resistance level. I still expect to see the price decrease.
ETH Ethereum looks a little bit clearer than #Bitcoin. It looks like we broke this “buying” trendline to the downside and the price now retesting or should I say we are bouncing back up from a massive buying zone. Potential dump till this gray demand zone. Give me your thoughts!
BTC Bitcoin short-term bounce. It seems that CRYPTOCAP:BTC wants to liquidate all the shorts. I’m still keeping my pullback scenario with strong fundamentals. Of course, only time will tell us what’s next for #Bitcoin. Enjoy your Friday Fam!
XRP Ripple let’s say remains bullish as long as this massive support “channel” holds the price tight. We have a massive resistance key level in front of us, as well as good support that holds the price and forms Higher Lows on a 1-2D. I’m staying neutral on Ripple, the market looks unpredictable.
XAU Gold 1:4 trade played out perfectly. By using Fib levels we can see that it got rejected exactly from the golden zone. Secure your sell/short profits.
Illuvium is one of those "promising" gaming coins. Now let's take a look at a long-term perspective. The first triangle (wedging) pattern played out. Now it's been a while and it formed another one. Very similar scenario if you go on a 1D timeframe. Only time will tell us if it's ready for another rally to the upside.
UTK xMoney went below this support box & 200 EMA it’s now our resistance. With a small probable pump till this supply zone, there is a chance to go inside that accumulation channel once again. Or it can go straight down. No predictions - only probabilities.
FX GBP/USD pair moving slowly inside this rising wedge pattern. During Bank Holiday on the 15th, I am not expecting any massive volume in the market.
RIO Realio Network token is for the high-risk enthusiast. It formed a bull flag and it seems that is preparing for another leg up & mid. rage is holding the price strong. But maybe that's enough? Fundamentally speaking... The price from the previous breakout pattern went over 400%. This is crazy!
XRP Ripple is squeezing. Almost forgot about it. Forming higher lows and lower highs. After every bullish setup price pumps but it cannot pump & reach higher highs. At the current moment, it formed a channel/flag. Keeping my eyes on this setup. Looking for an upward breakout.
BTC Bitcoin at the current moment from a bullish market structure transformed into a bearish setup. It's ok for me because I can start building my SPOT positions on some crypto pairs/assets. If this bearish Ascending Channel will be respected and plays out the #Bitcoin can restest $35k- FWB:31K levels approx. again. Stay safe fam!
ETH Ethereum is inside this ascending channel. The market is overheated and a pullback would be a logical thing to see in my eyes. This setup is invalid if the price won’t close below this support/resistance box. Always #DYOR.
TRX Tron has the potential for another leg up. Still looking strong and from the point we started it went only 32.19% in total. I believe it can go even higher.