antonioscalone

antonioscalone

Let's continue to follow-up SOLANA. As per the previous analysis, SOL bounced beautifully on the major support we identified but the momentum was not enough to overcome the resistance we indicated. We thus assisted to a false breakout and a new downtrend. It's important to say that the macro-situation on crypto and tradintional markets is not easy and we may...

antonioscalone

In a previous analysis we speculated about an imminent reversal and the possibility for SOLANA to reach some supports. A you can see in the chart, the price is reaching a previously identifiend support and two scenarios can develop. We should always take into account the global crypto market situation (BTC in particular) and the global "traditional" market. If BTC...

antonioscalone

DOT expressed some good performance over the last weeks. The decreasing RSI is showing a loss of momentum but a further uptrend continuation is probable before a retracement on the indicated supports. The overall bias is bullish on Polkadot on the next months! What's your guess? *Not a financial advice*

antonioscalone

SOLANA retraced near the levels identified in my previous hypotesis and it is now following a descending channel. Time will tell if there will be a downtrend continuation. In that case, the 136 $ level will probably provide a major support. What's your guess? *Not a financial advide*

antonioscalone

In the last weeks SOLANA showed a huge growth thanks to the DeFi and the NTF mania. The 4h and 1D charts show the formation of a bearish divergence. On the 1D chart the RSI is on the oversold zone since the 14th of August. In every healthy growth of a crypto a retracement is necessary to reach new heights and I expect SOLANA to retrace more sooner than later with...

antonioscalone

ETH is finally retracing after a great performance in the last weeks. The 20D EMA will probably provide again a nice support for a future growth. In case of a break under that level we can assist at a proper trend reversal and go test some old resistances flipped to supports. The areas in the chart are possibile levels for a LONG position. What's your...

antonioscalone

BTC is near to the 50K resistance that will probably need some attempts to be overcome and some serious volumes. The RSI is still decreasing showing loss of momentum and foreseeing a hidden bearish divergence. When BTC will go back to the over-50K range the sentiment will almost certanly be universally bullish and lead to an injection of liquidity. The 20D EMA...

antonioscalone

Following my previous idea, I am looking for a profitable entry area. The 4h and 1D charts show a good entry spot between 2950$ and 2850$. I will DCA all the way down starting from this area! What's your guess? *Not a financial advice*

antonioscalone

After an incredible bull run is about time for a retest! While price moves up, RSI is in downtrend, and the probability of a retest increases. I am speculating about the 60 to 64$ range for a long entry, as it looks like a good retest area. What is your guess? *Not financial advice.*

antonioscalone

The price increase was followed by a constant decrease of the RSI indicator and low volumes, indicating a loss of momentum and possible bearish reversal. A possible but less probable outcome would be lateralization without an abrupt reversal. The next days will be very important for ETH!

antonioscalone

BTC is showing trend reversal signals on the 4h chart. Volumes are decreasing and a bearish divergence has formed on the RSI. Waiting for it to happen on the next days.