SonicTrade

SonicTrade

Right now the price is testing the upper border of BOTH channels + 0.7 fibo level. Most likely the price is gonna go down to the middle of the channels and 0.6 fibo level. Good entry point will be around $1.9. Good luck everyone and happy trading!

SonicTrade

I expect the price to consolidate withing the main triangle before the next move. If we break it down then we gonna go to the lower level, which is gonna be 7000-7200. If we break it up, then our next stop will be around 9000-9100. Zones of interest and targets are on the chart. Good luck everyone and happy trading!

SonicTrade

So, globally we are having a bullish wedge on ETH and the price entered this wedge from below. By definition "the wedge" is the pattern, where highs and lows are updating and go lower or higher, depends on what kinda wedge we have currently. So, right now if the price will break a current high, which is $223.94. Then we can expect the pattern to outplay its main...

SonicTrade

Local Zones of Interest and Targets. Good luck everyone!

SonicTrade

Meanwhile, BTC dominance is testing the middle of the local channel, the lower bottom of the main channel and 0.7 fibo level. There is a chance for a local correction for altcoins soon. Stay tuned and control ur positions. Good luck everyone!

SonicTrade

Updated support and resistance levels. Good luck everyone!

SonicTrade

Updated support and resistance levels for LTC

SonicTrade

Updated support and resistance levels

SonicTrade

Here some updated levels for BNB

SonicTrade

Updated support and resistance levels for BTC. Good luck everyone!

SonicTrade

The price is trying to get out of the channel. This is a good sign. Zones of interest and targets are on the chart. Good luck everyone!

SonicTrade

Well, everything I wanted to say, I described on the chart. This is one of the outcomes I see for BTC price movement. Let me know what do you think about it. Good luck everyone!

SonicTrade

The whole picture looks weak and everything tells us that the price should go lower to 7200 level at least. Over there we gonna have dynamic support and also the lower border of our falling channel. And from that level, a bounce-back would look logical. But the only thing that I don't like here and what makes me suspicious is that the picture is so clear and every...

SonicTrade

The price hit the fibo target. Right now it's trying to draw a double bottom. 1600 is the current support. If we break it - then the next support will be at the lower bottom of the falling channel. The local resistance will be in the middle of the channel. If we break it, then we will go to the next target. Zones of interest and targets are on the chart. Good luck...

SonicTrade

We are flatting in the channel right now. Current support is the lower border of the channel. If we break it - then we gonna go to the lower levels. Zones of interest and targets are on the chart. Good luck everyone!

SonicTrade

Current support is 8000 if we break it - then we gonna have very strong support around 7000-7200 - its gonna be the lower border of the falling channel and we are gonna test uptrend acceleration dynamic line. Zones of interest and targets are on the chart. Good luck everyone!

SonicTrade

Zone of 9000-9200 will be the main support. The market should go a little bit lower and then should be a bounce back.

SonicTrade

1st safe pick up zone will be from 0.5 fibo level and from above of dynamic line, which is going to be a range around 59-57. Zones of interest and targets are on the chart. Good luck everyone!