XTZ seem like will be pulling back a little to test 2900-2850 support. But in general look bullish. One of most interesting charts among big cap alts, together with BNB. Therefore this pullback should be considered as a chance to buy more. The following SR zones are good for buy/sell targets. Support: 2900 - 2850 - 2770 - 2656 - 2570 Resistance: 3070 -...
Bitcoin overperformed my bullish targets and pumped to 7800. Showing week chart to understand what's going on. First resistance zone left after November/December 2019 is the one that stopped the pump now. Next will be zone between 8000 and 8200 (roughly). Can be hit within this week. But since any major BTC move requires decent amount of liquidations, I believe...
XTZ followed the market pump and broke out 2.15 resistance. Target for this move is resistance zone at 2.47 - 2.55$. Although there is a chance it will pullback to re-test broken resistance, before going higher. This would give a chance for safe long entry. Support: 2.18 / 2.10 / 2.00 Resistance: 2.47 / 2.55 / 2.73 Week chart look bullish.
Bull flag forecasted on April 17th made its work ✅ Now possible another one. While ETH stay above 255 it is very bullish. But fall to 250 also won't kill its bullishness too much. 🎯 Resistance 26000 - 26500 - 27500 - 28500 🛒 Support 25500 25000 - 24550 - 24200 - 23600 Keep in mind that at big timeframe ETH is still within consolidation stage. But look...
After making new HH at 189.54$, Ethereum started retracement stage. If everything will happen as before, after two impulse moves up and forming top with lower high, there should be a pullback to 0.5 Fibonacci level - equal to 169$ at the chart. Possible dip lower to 0.382 Fib level at 164$ - that would be an amazing long position entry. Short zones at 180, 182$...
Ethereum could be forming a new bull flag here. So far early to confirm it, but this scenario look very promising. Safe buy zone starts around 235. Resistance 24750 - 25000 - 25350 - 26000 Support 23500 - 23300 - 23000 Previous forecast worked out and ended by ETH breakout of 218 resistance.
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 -...
Now at important resistance level around 2735-2775. EMA 200 at 2718. If won't breakout on that move, pullback to retest ~2666 and possibly to 2570. Support 2650 - 2570 - 2530 - 2437 Resistance 2775 - 2815 - 2900 - 2950
Uncertainty in BTC chart. Rising wedge, falling volume, doji candles with occasional stop hunting. Scuba diving Fear and Greed index. All that makes any kind of forecasting equal to fortune telling on coffee grounds now. What is clear, Monday should bring some big volatility, and we have a wide range from 5300 to 8550, both realistic to hit within couple of...
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 ;)
Volume crazy at week chart. But 1675-1700 is very strong resistance. Obviously last week volume appeared on the first touch. Now second attempt. If will grow above 1700, will grow at least to 1770-1800. And that will be very close to all time high at 1921. If grow above, that must be the case when the whole economy is falling 3 days chart Month chart
While the world economy fall apart, crypto market also experience bearish mood, while still look much batter than S&P500 or any other index. Will crypto become safe heaven or not, impossible to predict, but it will certainly be the one to pump hard once situation with virus normalize. ADA price at support left since December'19/January'20. Used to be strong...
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...