WOO - 10/01 #WOO is currently trading in a ascending channel after it manage to confirm a breakout on the daily candle. After some good news on the WOO Network the coin had a 48% increase and touched the first resistance. Given the current market we can expect it to try a breakout again from the first resistance zone ($0.189~$0.205) and if it manages to break...
BTC.D - 10 Jan/2023 #BTC.D is currently in a descending channel. In January 1st of 2023 the BTC.D began to descend, since then a lot of alts began to pump. After it touched the current support it retraced a little bit but if it manages to continue the down trend we can still see more pump on the alt coins on the short term.
CHZ - 06/01 #CHZ is currently trading in a up trend channel. After weeks losing it's volume CHZ managed to recovery itself pretty fast, pumping 14.49% in 6 hours. After a breakout attempt over the resistance zone it retraced to the support zone. I'd look for a LONG entry if it touches the support zone again or successfully manage to have a breakout...
BAND - 21/12 #BAND is currently trading in a descending channel after it broke down the previous up trend. If it breaks the current support we can see a good short opportunity util the next major support ($1-$0.98) *Candle color depicts volume
ETH - 21/12 #ETH is currently trading in a very small range creating higher lows and lower highs. Even thought there's a strong bearish sentiment in the market we could still see it going up to 1240 if somehow it manages to break the resistance range of $1216-$1225. Either for a Long or Short I'd wait for a breakout confirmation below the current trend line...
MASK - 12/15 Since Nov 30th MASK is trading in a descending channel towards the major support range of 2.6~2.2. If it breaks that support it will be a good short opportunity until 1$. Mostly of MASK pump was related to the Twitter payment integration and right now Twitter is facing tons of problems with a collapse risk.
BNX - 12/13 After it gained some momentum alongside BTC the price got strongly rejected from the resistance zone. There's a high chance for it to retest the last support. *Candle color indicates volume .
BTC.D - 12/12 4hr Chart Update BTC Market Dominance stabilized between 39.5%~41% during November. In the last week, it continued to grow on an ascending channel and it's trying to break the resistance of 41% again.
EOS - 12/11 The price just broke from a triangle pattern and now it's trading on it's support level which is a good zone to begin a short or a long. On lower timeframes (15m) it's forming a descending channel. I'd recommend to setup some alerts on $1 and $0.99 which is the first support range and wait for a confirmation (trading above or below the support range)...
BTC 12/2 - 2hr Chart Update #BTC had a breakout but there wasn't enough volume to consolidate it. Price reversed as volume loosen strength and moved back to the demand zone. $16.800 will act as a support level as the price retraces deeper. The next aggressive upward move or downward move might come from there. *Candle color indicates volume.
XRP 12/2 - 4hr Chart Update A few days ago price made upward movement and broke old resistance level but it didn't manage to break the resistance level of 0.41~0.42. Currently, the chart is forming a symmetric triangle pattern. Given that the market is currently trading with a very low volume in the last few days, I'd wait for a break above or below that...
#BTC continue to move sideways. On the 1hr chat #BTC price started to decrease its range and forming a triangle pattern, just below the resistance, which more likely gonna break towards the support range again. We should have more price action when the market opens. Resistance range 16700 - 17150 Support Range 15900 - 15450
After the price broke the previous support line on the last market dump it managed to create a good support between 0.3165-0.3330 and began to accumulate. In the short/mid term, it broke the resistance line in an upward direction and if BTC manage to break $16,650 and $16,950 resistance range we should expect it to hit the previous resistance, something around...