#IOST Analysis :

#IOST break the downtrend channel pattern, couple of weeks ago and daily TF, market structure turned bullish. Around, $0.0132 - $0.0162 is the major support zone. For buys area, around $0.022 looks good. Use proper risk management here, if price drop till the zone.

#BTC slowing pushes above and rejects from the falling wedge resistance line. Price breaking below $38,800, will open the gates from $38,000 or below. $40,800 will stand as resistance for it.

As expected there's more up move #APE, price made a high of $27.60, which is massive 154.6% in profit from the entries. I hope you've secured some major volumes out there and enjoyed the call.

#MBOX broke the falling wedge pattern and looks bullish. Market is bit weak but expecting push in it. Price made a new support at $2.24 - $2.26 where you can build your positions.

#BAT candles closes below $0.68 and broken the local support too. Currently, price retesting the support as resistance and started ranging in LTF. #BAT will continue the dump unless it flip the structure.

#NEAR Analysis :

#NEAR is currently dropping heavily and reached the strong support level of $11.60 - $12.00. Price might take a pullback till major resistance level of $12.60 - $13.20. A consolidation is expected between these zones, so better wait for enteies.

#BTC rejects hard and reached a build-up support again. Price mist needs to hodl above the $38,000 mark. If #BTC follows the wedge pattern then we might see some lower low till around $37,000. Trade less and use tight stops.

#NEAR straight away break below the support of $11.60 - $12.00. Currently, price retesting back to the zone as resistance and dump might gonna continue till next strong support zone of $9.30 - $9.60.

#LUNA broke below the support area around $89 and now it will continue the dip till strong support zone of $76.10 - $79.50. You can look buys at this area of support with tight stops below the support.

#FTM Analysis :

#FTM recently broke below the major support level of $1.08 - $1.23. Right now, price is heavier trendling lower and lower and might gonna reach the support area of $0.50 - $0.59. Entries could be very risky here as price might just pullback a bit to go further lower, so better wait for opportunities.

#BTC nearly came around $37,000 as said and whole market is red now. Price nearly tested the supporting down trendline. Now a pullback is expected till $39,400 and this will continue unless it breaks the pattern

#LUNA dropped till the support as mentioned and buyer gaining some momentum. I hope you bought the drop and right now trade is running near Breakeven. Hodl this trade with stops below support. Target will be $81.3 and higher.

#SUSHI dropped till the $2.75 support area as expected. Momentum were pretty aggressive that it reached the next strong support level around $2.30 - $2.50. Price will take a little retracement from here but still buys in it unless it flips any major structure.

#ZIL Analysis :

#ZIL heavily trendling down aftee the massive shoot up due to fundamental news in #ZIL. Price is now approaching towards the major support level of $0.050 - $0.060. Short-term pullback is expected but overall price will dip this support and buys looks good there, so wait for it.

#BTC took a bounce near by the support trendline and moving up. Price is expected to reach till $39,000 - $40,000 again and a rejection can happen within that area. Price breaking above in this pattern, will create bullish sentiment.

#LUNA move around 5.5% in profits from the entry and if you bought little lower then it will be around 7% - 8%. You can trail the stoploss with hourly swing points and hodl the trade. Tragets will be $85 and $88.

THETA analysis:

THETA broke the falling wedge pattern in a downward direction and now retesting the resistance line. We will see a continuation of the downward movement in the coming days. The resistance to break is the $2.60-$2.65 area and we will only see some bullish movement in THETA after that. New entries are risky here and stop loss is necessary.

Bitcoin moved as expected and tested the $39,000 resistance level. BTC is again rejected from the resistance trendline and now trading below it. BTC needs to break this pattern in an upward direction to get some positive momentum. The crucial support is $37,000 area and must break resistance is $40,000 area.

ETH analysis:

ETH is trading in the falling wedge pattern and now trying to break above it. ETH is rejected multiple times from the resistance line. A break and candle close above $2900 is bullish. If ETH is rejected from here again then we see a test of the $2650-$2700 resistance area.

The Dollar Index (DXY) gives an upward rally and global markets hit hard. There is a possible double top pattern which is a trend-changing pattern. We may see downward movement in DXY towards the 100.60-100.89 support area and this will trigger an upward move in Bitcoin and all global markets. If DXY daily candle closes above 103.70 then the double top pattern is invalid and we see more sell-off in markets.

Educational Post:

What is trading volume?

Crypto trading volume measures how many times a coin changes hands over a given time frame.

Volume is an extremely important indicator for traders to determine the future profitability of cryptocurrencies. Volume can show the direction and movement of the cryptocurrency as well as a prediction of future price and its demand.

A greater volume of cryptocurrency transactions leads to fair cryptocurrency prices and removes the chance of distorted pricing.

A low cryptocurrency exchange volume signals inefficient or low trades, as the asking prices of sellers fail to meet the bids of potential buyers.

Higher volume tends to translate to higher price stability and less volatility. Of course, times of extreme fear or greed might bring surges in volume and large price movements. But, in general, coins or assets that consistently have higher volume tend to have less volatility.