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.

CHZ gives a fakeout below the support of the $0.215 area. CHZ is now trading above the $0.227 local resistance area. The major resistance is the $0.248-$0.253 area. You can increase your stop loss to buying price and hold this trade.

DYDX moved as expected and now testing the support of the $4.35-$4.65 area. The long wick below support shows price rejection. DYDX needs to hold this support otherwise we see more dump towards $3.65-$3.75 support. You can build your position at a support of $4.35-$4.65 area. The next resistance is $5.10 area and $6.00-$6.20 area.

BEAM/BTC
BEAM is a confidential decentralized finance (DeFi) platform that runs on a combination of two blockchain protocols

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: 971-1150-1300-1500

BEAM/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: $0.4083-0.5095-0.6155-0.7525

SL: $0.3013

OGN analysis:

OGN breaks the downtrend resistance line and moves slowly in the upward direction. The local support is $0.625-$0.635 area and we will see a test of this support before the next move. The next resistance is $0.726-$0.735 area and $0.82-$0.84 area.

#GMTUSDT 🏹 4H
#GMT

Bitcoin holding above the $40,000 and slowly moving towards the $42,000 resistance level. If BTC breaks the $42,000 resistance then we see an upward move towards the $44,000-$44,400 resistance area. The support is $40,000 area and $38,500-$39,000 area.

APE gives a good upward rally as expected. APE is now trading near the all-time high price. That is 60% profit from our entry. You can book some profit here and hold the rest with stop loss. If APE breaks the $18 level then we see a continuation of the upward movement towards the $25 area. New entries are risky here, just hold your old positions.

We hope that you added DYDX in the $4.35-$4.65 area. DYDX is now testing the resistance of the $5.10 area and a break above this will send us towards the $6.00-$6.20 resistance area. Currently, DYDX trade is running at more than 10% profit. Increase your stop loss to buying price and hold this trade.

Educational Post

Stochastic Oscillator:

A stochastic oscillator is a popular technical indicator for generating overbought and oversold signals.

The stochastic oscillator is range-bound, meaning it is always between 0 and 100. This makes it a useful indicator of overbought and oversold conditions. Traditionally, readings over 80 are considered in the overbought range, and readings under 20 are considered oversold.

XLM sustaining below the uptrend line and currently price again testing it a resistance, which ended up being strong rejection. Well, right now, price might continue to trend down till major support level of $0.170 - $0.175. No buying zone below $0.22, major support is the only level for it.

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: 210-250-290-330

#DATA is on uptrendline support on higher timeframe and we’ve seen good bounce from this zone every time

Expecting rally anytime soon🚀