$FIL $FILUSD
Looking at the setup of FILUSDT ($FIL), if price can make its way back into the macro range and hold above $42, this may confirm that the recent price action is just a deviation of the range. This sets up an opportunity for a possible long to the $50 region
I think ADA looks good here for a potential long towards $2. Price has deviated out of the range and then got back into the range. Probable deviation marked out in yellow. Obviously, this will depend on the overall strength of the market and BTC behaviour. Invalidation will be if we lose the low of the deviation area at around $1.15. DYOR
$SOL (Solana) is currently approaching a HTF mid-range. This could prove an excellent buying opportunity if the mid-range holds. Invalidation would be if the mid-range fails to hold
$VET is currently approaching a key level (~$0.154). Will be looking for a hold above and successful retest of this level for long opportunities to targets above.
Target 1: $0.18
Target 2: $0.214
Target 3: $0.248
Twitter: @TraderLH
Bitcoin Cash (BCHUSDT) has broken out from an inverse head and shoulders. It has also broken out from a two-week lower highs pattern.
TP1: $750
TP2: $780
TP3: $800
There are 2 possible scenarios for Kusama ($KSM) that could play out:
1) KSM has formed a Head and Shoulders pattern on the daily timeframe. A confirmation of this would be a breakdown below the neckline level of ~$290. This would mean KSM would slump further. Note: The head and shoulders pattern on the OBV has already played out.
2) KSM could find support...
$BAND has just bounced off support at around $6.7. Doji candle coupled with a bounce off support as well as OBV support. Looking for a quick scalp (~5%) with a tight stop loss (SL).
Tron is currently approaching a long term diagonal resistance. If it breaks, this could signal a bullish move and may be a good opportunity for longs at retest of the resistance. Watch for a sharp increase in volume, which will be indicated by the OBV
$TRX $TRXUSD $TRXUSDT
-LHTrading (@TraderLH)
