CHZ analysis:

CHZ is rejected from the resistance of $0.248-$0.253 area. The local support is $0.227 area and good support is $0.215 area. We will see a test of local support before the next move. You can add some CHZ near the support level. We will see a good rally if CHZ break above the $0.253 resistance area.

IRIS/BTC
IRISnet is a service protocol and cryptocurrency, which was officially launched on Mar. 1, 2019.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 165-195-225-265-300++

Bitcoin is holding above $40,000 support and showing a small uptrend. We will see sideways movement on weekend. The global markets move on Monday will decide the next move of BTC. Use stop loss in all your trades as we may see a move on either side.

The TOTAL2 (altcoin marketcap) is holding above $1 trillion support which is a good sign. TOTAL2 is showing good strength and we will see a test of the $1.20 trillion resistance again in the coming days. Hold your altcoin positions and add more near support levels with stop loss.

ETH BTC pair again tested the support of 0.0732-0.0738 area. ETH also breaks the downtrend on the weekly chart and we will see more upward movement in the coming days. A break above the resistance of 0.081 is extremely bullish and we may see a rally towards the 0.1 resistance level

DATA/BTC
Streamr (DATA) is an open source project and decentralized platform that relies on cryptography instead of trust. It is a P2P, real-time data infrastructure that houses a platform and tools for a new data economy.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 210-240-280-320

DATA/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $0.08428-0.09575-0.1125-0.1275

SL: $0.06484

FIL analysis:

FIL is now breaking out the resistance of $19.60-$19.65 area. If FIL able to hold above this level then we see more upward movement towards the next resistance of $22.80-$23.00 area. Wait for a clear breakout and confirmation before opening new position.

Bitcoin has formed a symmetric triangle on 1-hour chart. We will see a breakout of this triangle soon. A breakout in the upward direction is bullish and we see some positive moves. If BTC breaks the symmetric triangle in a downward direction then we may see a test of $38,500-$39,000 area.

Bitcoin Dominance is now at the downtrend resistance line. If Dominance break this downtrend line then we see a move towards 42-42.10% resistance area and this is not good for altcoins. A break below 41.30% support is bullish for altcoins.

FIL breaks the resistance level and now trading above it. Wait for a retest of $19.60-$19.75 support area. You can place your buy orders in this range. The next resistance is the $22.80-$23.00 area and this is where we see some profit booking.

ALICE analysis:

ALICE bounced from the $6 support area. ALICE is now in small uptrend channel and now reached upper resistance band. If ALICE able to break the $7.10 resistance then we see continuation of the upward movement. The local support is $6.65-$6.70 area. Wait for a breakout of resistance or test of support for new entries.

BTC breaks the symmetric triangle in a downward direction. As mentioned Bitcoin is now testing the $38,500-$39,000 support area. BTC needs to bounce from here otherwise we see more downward movement. The local resistance is $40,000-$40,500 area and $42,000 level.

DOT analysis:

DOT is now testing the support level and this is the possible buy zone. You can add some DOT near $17 support area. The first resistance is $19-$19.30 area and major resistance is $23.30-$24.30 area. The next good support is $15.80-$16 area. Start building your position in DOT near support levels.

Educational Post:

Moving Average (MA)

A moving average (MA) is a widely used technical indicator that smooths out price trends by filtering out the noise from random short-term price fluctuations.

The most common applications of moving averages are to identify trend direction and to determine support and resistance levels.

ALICE unable to break the small uptrend channel and reject hard from the top resistance line. Price aggressively broke the channel and low reached the strong support level of $6.05 - $6.19. Well, that a decisional point now. Candle closing below support and continue the push till $5.40.

CHZ is now trading below the $0.215 support area. The 4-hour candle needs to close above the $0.215 area otherwise we see more downward movement. The next support is $0.199-$0.20 area and $0.188-$0.19 area. Put your stop loss below the support level.

EOS analysis:

EOS tested the $2.30 support and now trading above it. If EOS holds above the $2.30 area then we see a test of $2.65-$2.75 resistance area. The next support is the $2.15 level and the major support is the $1.85-$1.90 area.

Bitcoin bounced from the support of $38,500-$39,000 support area as expected. BTC is now trading above the local resistance of $40,000-$40,500 area. If BTC holds above this zone then we see a move towards the $42,000 resistance area.

XLM break the uptrend line support and tested the local support of $0.19 area. XLM also retested the uptrend line and unable to break above it. We will see continuation of this downtrend if XLM unable to reclaim above the uptrend line. The major support is $0.17-$0.175 area.

Educational Post:

Exponential Moving Average (EMA)

The EMA is a moving average that places a greater weight and significance on the most recent data points.

An EMA does serve to alleviate the negative impact of lags to some extent. Because the EMA calculation places more weight on the latest data, it “hugs” the price action a bit more tightly and reacts more quickly. This is desirable when an EMA is used to derive a trading entry signal.