This review is continuation of previous topic. Since no one read old reviews, decided to create a new one. CME Futures gap closed. Its not a bearish signal, but one of reasons to push price higher now is gone. Bitcoin above ~6100-6130 support. This can be a starting point both for bullish or bearish move. If you check week TF, price was trying to break...
BNB hit all the targets given previously. Now that they issued the news, got to close 4H candle above ~22200 to start the growth. Otherwise someone may sell the news and push it to one of lower support zones. But in general and long term I am very bullish for BNB. Support 22150 - 21780 - 21375 - 20833 Resistance 22550 - 23000 - 23700 - 24800 -...
When I look at XRP/USD chart, I see nothing bullish here. This bear flag is much more bearish than any other big cap alts. In case BTC dump, XRP will follow. Therefore I recommend to short it from ~0.18 zone down to 0.1740 at least, while 0.1625 look like a nice support for a bounce. Support: 0.1740 - 0.1625 - 0.1480 Resistance: 0.1875 - 0.1925 - 0.2040
Since we talk about XRP, lets take a look at Ripple day chart. Since last update it pumped by 11% 👍 Support: 2666 - 2560 - 2460 Resistance: 2850 - 2950 - 3100 XRP made lower high when got rejected from 2850 resistance. Now pulling back to 2650 support. Within this week will get there and then we will see what next. If bounce, will test 2770. If dump...
ETH within strong resistance area with two doji candles failed to dump. What does it mean? Most probably bulls are stronger here and pushing price higher, targeting 150 - 151.5$ zone. But only if they manage to break 144-145 resistance. Otherwise this may turn down into another doji and dump. Support: 141 - 136 - 133 - 128.5 Resistance: 145 - 151 - 160
Huge falling wedge at Ethereum chart. That could be a signal for bounce and short term bullish move. Resistance 21000 - 21500 - 21800 Support 20400 - 20000 Last time I caught the top. Maybe this time we catch bottom together ;)
ETH day chart show that not much trading is actually going on. But it look like bearish flag, so despite oversold indicators, might dip again. Wrote nearest support zones as don't want to be more bearish, than the world is now. 🛒 Support: 105 - 100 - 86 🎯 Resistance: 122 - 128 - 140 4H chart for closer look
Original review forecasted the dump. Sure I didn't expect such a huge dump, but who could have imagined the scale of Coronavirus panic and impact it will bring to the whole world market. And now we have this... Bitcoin drawing a new strong SR zone within 5200-5400 range. Volatility range 4500 - 6000. Huge in common sense. Market still haven't decided on...
EOS look bullish, trying to get above 4200 resistance again. This time with long candle, so it gathered momentum for that move. Unless volume come in, will be stopped around 4237 and pull back to 4120-4165. That is out first long entry. next impulse can push price higher to ~4350-4400. With 10x leverage 55-70% profit. Want it? Take it! Buy zones 4150 / 3960 /...
LINK it bounced from 450 support and showing some promising bullish movement and volume. Fibonacci retracement suggests that in case of breakout of previous higher high, LINK price can get to 535. Most probably it won't happen in one pump. We might see some consolidation for a while. Now at 477 resistance - the first strong line that can push price back. Keep in...
BCH bounced from 34200 which was also 0.382 Fibonacci level. Good bounce zone to stop retracement and start consolidation stage. At the same time this bounce couldn't take it above 0.5 Fib level, so BCH is still in risk zone of dumping lower. You may use below zones for swing trading between them. If today candle close above 36000, it will be a bullish sign....
This review will continue previous one Hope everyone followed yesterday recommendations (telegram daily BTC review) and were cautious with alts. We caught BTC dip at 9500, but its time to admit that BTC is going into retracement stage (almost there unless it will pump today and change everything completely in several hours). Main support was at 9600, and...
ATOM also making a bounce. Resistance at 5000 and 5200. Pull back entries at 4850 and 4700 (possible wick to ~4550). But 4700 is definitely the strongest support. At day timeframe looks very promising, as price bounced from 0.5 Fibonacci level, and so that could have been the end of retracement. Targets 5200 - 5500 - 5700 If grow above 5860 (and close day...
Ethereum is overbought and at strong resistance. But with all that it is on hype I can't deny possibility of breakout, although consider trading it extremely risky. But facts are facts - volume is growing and support bullish Ethereum. It has already gone parabolic, so if breakout happen, next candle can be even longer, than previous, capable of reaching...
HBAR grown by 578% since my Premium channel signal. Sure I didn't expect such a pump and it overgrown all the targets I could possibly think of =) When people hear words "partnership" and "Google" together, it makes them crazy ))) Now time for retracement. Or not? Google, google, google, keep up reminding myself that magic word. But not buying here for sure....
At week timeframe EOS got above 21 EMA which gives it a chance to reverse from its global downtrend. Now bouncing from strong support at ~4230. If fail to hold, will drop lower to 3900-3950. Bounce targets are 4636 - 4721 resistance. In general do not recommend investing in this coin. Same level scam project as XRP and TRX.
XRP already up by 21% since we called a breakout. Now at important resistance. Not the best place to buy and since it is on hype, rather controversial place for short. In fact I feel that XRP has all the chances to grow more. It has a crazy community that supports this coin no matter what facts say, and they believe in its growth like in God. That believe means...
LINK got above all time high and dumped back together with all crypto market. That was easy as it was hugely overbought. But that doesn't make it bearish yet. So if we are still bullish for LINK in long term, these zones will be good to buy back 39500 and 37000. If you like to trade really safe, wait for deeper retracement to ~34200. Unless there will be a...