MKRUSD is approaching the MA200 (1w) which is untouched since October 17th 2022. The price has already closed over the MA50 (1w) last week for the first time since March 28th 2022, giving a clear long term buy signal. A closing above the MA200 as well, is the next buy signal to take advantage of. Trading Plan: 1. Buy if the price crosses over the MA200 (1w). 2....
GTRUSD hit the top of the 5 month Channel Down, crossing over both the 1D MA50 and 1D MA200. This strong push is turning the 1D technicals overbought (RSI = 69.283, MACD = 0.001, ADX = 31.945) but such conditions don't call for the traditional short. Instead this is usually the buy entry conditions that usually emerge when cryptos break above long term bearish...
◳◱ We've detected a Failure Swing pattern on the TSXV:EGLD / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 38.03 | 41.13 | 48.55 and the major support zones are respectively at 30.61 | 26.29 | 18.87. It is a bullish indication and we may consider buying at the...
◳◱ We've detected a Super Trend pattern on the NASDAQ:HOOK / CRYPTOCAP:BTC chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.00003967 | 0.00004196 | 0.00004694 and the major support zones are respectively at 0.00003469 | 0.000032 | 0.00002702. We may consider opening a...
AXS broke out of daily trend line with a retest, volume will come after rejection, then we headed back to old highs
◳◱ Hey traders, A Trend Reversal has been identified on the TSX:FLOW / CRYPTOCAP:BTC chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.00001883 | 0.00002023 | 0.00002242, while the main support levels can be found at 0.00001664 | 0.00001585 | 0.00001366. Consider buying at the current...
◳◱ A Resistance Breakout and Confirmation has been detected on the SET:ETC / CRYPTOCAP:USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 15.73 | 16.24 | 17.42, and the major support zones can be found at 14.55 | 13.88 |...
◳◱ We've detected a Super Trend pattern on the ECONOMICS:BIFI / CRYPTOCAP:USDT chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 419 | 438.8 | 492.6 and the major support zones are respectively at 365.2 | 331.2 | 277.4. We may consider opening a trade position at the...
BCHUSD hit today the MA200 (1w) for the first time since the week of January 3rd 2022. This represents so far a massive +200% rise in the last 2 weeks. The RSI (1w) is deep inside the overbought zone but so it was in January 2021 during a rally similar to today's. Trading Plan: 1. Buy after the first red (1w) candle. Targets: 1. 735.00 (Resistance 2). Tips: 1....
Litecoin / LTCUSD is finally showing signs of bullish momentum, moving towards Resistance A (105.500). If broken, buy and target the 1.786 Fibonacci extension (as on the November break out) at 132.000. If not, wait for the price to pull back to the 1day MA50 before buying. The RSI patterns between now and September-October are very similar. Follow us, like...
◳◱ A Resistance Breakout has been identified on the TSX:XEC / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00002747 | 0.00003092 | 0.0000383, and the major support zones can be found at 0.00002009 | 0.00001616 | 0.00000878. Consider entering at the...
◳◱ We have recently observed two promising signals, a Bollinger Band breakout and a Super Trend pattern, on the BME:ETC / CRYPTOCAP:BTC chart, which strongly suggest a bullish trend. The Bollinger Band breakout, characterized by the price surpassing the upper band, signifies a potential upward movement, while the Super Trend pattern further confirms the...
SNXUSD hit today a triple Resistance Zone, the top of its 3 month Channel Down, the MA100 and the MA200 (1d). Until the price closes over the Channel Down, the trend remains bearish. Trading Plan: 1. Sell on the current market price. 2. Buy above Resistance (1). Targets: 1. 2.000 (Rising Support). 2. 3.000 (Resistance 2). Tips: 1. The RSI (1d) hit its Rising...
◳◱ An impressive Resistance Breakout and Confirmation has been detected on the ASX:MKR / CRYPTOCAP:USDT chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 761 | 817 | 919, while substantial support zones are...
Helium crossed and closed over the 1D MA50 yesterday for the first time in 56 days. This is an early buy signal as the 1D technicals are still neutral (RSI = 50.663, MACD = -0.016, ADX = 29.754) but the RSI is already rising on an HL trendline. We are buying this breakout early as with the March 24th breakout and target the 1D MA200, a little over the 0.382...
HEXUSD hit the bottom of the 2023 Channel Down and is rebounding along with the RSI (1d). It remains under both the MA50 and MA200 (1d), implying significant upside potential. A similar price action is noticable during the previous Channel bottom in January. Trading Plan: 1. Buy on the current market price. Targets: 1. 0.0500 (top of the Channel Up and +650%...
BitDAO / BITUSD is having the strongest 1day candle since May 15th right at the bottom of the 5 month Channel Down. This confirms the excellent pattern bottom buy opportunity, especially after the 1day RSI made a Double Bottom. Buy and target the 0.5 Fibonacci (like the March bottom rebound) at 0.4545, which will also test the 1day MA50. Follow us, like the...
COMPUSD closed the 1D candle yesterday over the 1D MA200 for the first time since April 18th, giving a strong buy signal despite turning overbought on the 1D time frame (RSI = 73.112, MACD = 1.660, ADX = 54.712). We are taking a buy here, targeting the 0.786 Fibonacci level (TP = 55.000). ## If you like our free content follow our profile to get more daily...