#Cardano diving deep into the strong strong support region: 2300-2400 If #Ada breaks below 2300-2400 region then the Y leg could extend the 78.6fib of larger degree (2000-2100)
#Zilliqa #ZIl is currently supported by 1250 level, RSI in 1D is at 36, which is not oversold yet. If Zil breaks below 1250 then next level of major support is at the 100DMA & 61.8fib: 1150, below that we have the uptrend line support at 1080.
#Nano is trading at all time lows, since breaking below the descending triangle pattern. Future support levels are at fib extensions during this price discovery for nano. Weekly and Daily RSI levels oversold and bearish k-d cross in stoch-rsi.
Bitcoin is currently resistance at the 6600 level in the sub-wave 5 of wave 5 , which is an ending diagonal. If we take wave 5 as 1:1 fib extension of wave 1 then the target comes at 5800-6000 region. If support at this region holds good then we can expect an ABC correction upwards till atleast the 38.2fib region i.e 7400-7500. However if the...
CMT broke above 50DMA resistance level on 10 April and surged +420% in 50 days , since then it has been in a correction phasse. CMT spiked 19% in one day after hitting the expected support region, bouncing off the cloud region . It is currently trading below the 50DMA support and 50fib levels RSI is showing divergence while the Stoch rsi is showing...
Tron has broken below strong support region: 750-800 and the triangle's support at 750. Previous post on tron (2 June): "50DMA at 809 if tron closes below 809, then it may fall to 650 region in upcoming weeks" We are seeing XYZ correction from tron with ABC waves in X : Minor B retraced till 50fib of Minor A Minor C was 0.618 fib ext of Minor...
#Eth is looking to break below trendline support around 490 region , a break below can lead to a fall to lower support levels: 420, 400 and the 78.6fib at 340. In Monthly time frame Eth is below 5MA,10MA (603,591) , bearish MA crossover can be expected. 20MA at 360 Previously eth made a bottom around 360 level after falling hard from 1K, without much...
#btc ew count of the downward impulsive move from 7600 region. We can expect an ABC correction , if #btc manages to break above 9EMA in 1hr t-f : currently at 6600, with c leg targeting the wave 4 territory and 38.2fib-50fib retracement region i.e 6900-7000 region. On the downside if we get a bear break then lower support regions for #btc is around 6100...
Nano has broken below the descending triangle Weekly rsi for nano has been below 30 since 1 month Daily rsi resistance at 31.8 level Macd & Rsi showing divergence in 1D t-f Currently wave 5 is at 1:1 fib extension of wave 1 Next levels of support for nano are at: 3840, 3200 and 1900 sats
#RLC after forming a bearish reversal pattern i.e bearish butterfly around the 30ksats resistance, has dropped over 30% . Currently doing an ABC ZIg-Zag with c point expected to be: 18.5-20ksats , at the uptrend line support and 61.8fib region . Bearish Ts-Ks crossover in 1D t-f 50DMA resistance: 20.3k sats RSI : bearish, curving below 50,...
Tron showing ABC Zig-Zag correction (5-3-5) after the cup&handle breakout and hitting 1011 sats region. Minor A was till 800 sats Minor B retraced around 50fib of Minor A Minor C was 0.618 fib ext of Minor A Currently we are in the X move upwards , Yesterday's close (771 ) was below the 50DMA level, if tron doesn't manage to give close above 809...
#Iost has broken below the wave c low at 475 and is currently supported by the 100DMA at 476. C wave was at 1:1 fib extension of A X wave: 38.2fib retrace of W Range for Y leg , if support at 100DMA: 467 is broken, at below support levels: 436,400,350,250. Bullish view if the support at 100DMA: 476 holds.
#Eos failed attempt to break above triangle trendline and 38.2fib resistance of the 1-5move down. Currently eos is supported by cloud, Ts and 38.2fib of the C wave We can expect a y wave downwards, if eos breaks below 13.65-13.5 region . Bullish view if eos manages to break above 38.2fib resistance:15.2 then it will target 16.7-17 region around the 50fib...
xrp is above the cloud and Ts-Ks regions, facing resistance at the 200SMA in 4H t-f. Bullish Ts-Ks cross and price above both Ts and Ks in 4H and 1D t-f Resistance confluence region: 0.70-0.74 consisting of 100,50 DMA and the cloud in 1D Currently consolidating in a smaller symmetrical triangle i.e inside a larger ascending triangle . Bullish...
Bitcoin intraday setup , High risk trade! and risk to reward for T1 is not too pleasing, however we are near the apex of the triangle, so there’s a possibility of T2 and higher targets around 8k level aswell, if we stick to trailing SL. open-7572 T1-7645 T2-7750 SL-7534. Risk-0.5% R:R=2
Bitcoin is looking to break above the 20DMA resistance, finally , after dropping below it 1 month ago on 10 May. At today's closing we will get to know if the move is sustainable or not. Currently Btc is sandwiched between resistance & support levels , moving towards the apex of the ascending triangle(red) , a strong move upwards/downwards is due in max 2-3...
Digibyte has been bullish since the breakout of the falling wedge , 1st impulsive wave hit a swing high of 436 sats then we saw a bullish 38.2fib retrace . Then Wave 3 made a swing high of 530sats. Currently it is consolidating in a triangle pattern , looking to break above major resistance levels at today's closing. DGB trying to break above trendline...