#tron $trx #tron 15min chart analysis: (Short-term analysis) Bullish bias: If we break above 875- Wave 5 Target: 895-905, Bearish bias: If Double top support at 840 is broken with confirmation. Target for ABC correction: 800-810sats. #Crypto $crypto #cryptocurrency www.tradingview.com
Bullish Targets for bitcoin (If today's close is above 8830-50): Minor wave 1 breaks above 200DMA resistance level (currently at 10180) with confirmation then: we can expect Primary wave 3 to be around 14k region (1.618 fib extension of wave 1). Primary wave 3 will be consisting of 3 impulsive & 2 corrective minor waves. There are chances of derailment of ...
Bitcoin didn't manage to give yesterday's close above the 100DMA resistance level at 8850, leading to a fall near the 50DMA support level again. There can be 3 scenarios now: 1>Sideways Action: Between 50DMA support & 100 DMA resistance levels. 8200-8850 region. 2>Breakdown: If today's close is below 8280-90 region then, we will head to 7800-7850...
#loom Targets (bullish Scenario)- If we get a break above descending triangle. 1 $loom has retraced around 50fib region of minor wave1. 2 Minor Wave 3 target is :9568-9400sats (161.8fib ext ) 3 Resistance levels above are at 6227-6450 (1H SMA's & Trendline resistance) 4> $loom Minor wave 3 can be confirmed only if resistances :6227-6450 (1H SMA's & Trendline...
#bitcoin update- $btc still moving between the 50fib-50DMA& 38.2fib(8266-8674)region, last night after testing the 38.2fib at 8674 it dropped impulsively and now we are seeing bullish rsi divergence in lower t-f around 50DMA-8268. We can expect a pullback till 8475-80. #Crypto
Litecoin is consolidating in a descending triangle setup after that drop from H&S neckline level. #bitcoin on the other hand is forming a bear pennant. If litecoin drops below 135 support level with confirmation, then it can target 125-127 region being previous support level as well as 78.6fib and 61.8% of the earlier drop from H&S neckline. www.tradingview.com
Bitcoin update- This week's low has broken prev week's low at 8818, hence breaking weekly uptrend rally. $btc has broken 20 &100 DMA support levels. Target for the retracement wave 2 is around the 50DMA support, near 50%fib region and the trendline support level Target for Retracement wave 2 :8266-8300 region. www.tradingview.com
#bitcoin $BTC has bounced off 8510 level, however volume is still below average & there's hidden bearish divergence in RSI(Trend continuation signal) Indicating the downtrend might continue. Target for the real bounce is expected to be: 8266-8300 region www.tradingview.com
Zec has retraced back to the 61.8% fib level, i.e 0.618 times the move that we saw from 281$ to 736$ during the 3rd week of December. It found support at the sma50 level but yesterday it broke the support zone near 61.8fib level and sma 50 and the zone is now being tested as a resistance level. Support zone near the 380$ mark with sma100 and 78.6% fib level. If...
Neo after reaching ath. 84.41 usd fell back to the 38.2% fib level of the bullish move that we saw from 33 usd to 84.41 usd, from there it found support and bounced up to face strong resistance at the 61.8% fib level, currently we have: 1> Descending triangle 2> Volume decline 3> Rsi down 4> Macd cross in daily chart. If a breakdown occurs then we might see...
Ripple broke out of the Descending triangle pattern which was forming since the completion of wave 3 , now we are seeing all time highs again ,thanks to the wave 5 and it seems like it will extend to 1.68 usd which is 127.2% of wave 1. Now, is it the time for ABC corection then? if so then we might see a drop to 50% of wave 5 to about 1.24 usd. www.tradingview.com
Btc correction second wave ,the wave C might show up anytime. with the offcentred head & shoulder pattern developing, with support levels at 12780 usd. If we see break of this support level then wave C might just extend to 10578usd i.e 61.8% wave A or 7030 usd i.e 100% wave A. However if price manages to break upper trend line and sustain above 16500usd levels...