AUCTION/BTC breakout channel, It can see a huge pump like WING so don't miss it out😊🚀

ZIL analysis:

ZIL is taking support at the $0.047-$0.0485 area and trading above it. The next resistance is $0.0535-$0.054 area and the major resistance is $0.058-$0.061 area. You can place your buy orders near the support levels with tight stop loss below the $0.045 area.

There is a symmetric triangle pattern on the hourly and daily charts. We might see more sideways movement for a few days before the breakout. The breakout of this triangle decides the next move. The resistance is $30,500-$31,000 and $32,500 area. The support is at the $29,000 level.

BNB has not shown any strength yet. BNB broke the $295 support and now trading below it. This is the reason we told you to wait for new entries. This is no trade zone, We are waiting for either a test of the major support area or a breakout above the $330-$335 resistance zone.

QSP/BTC
Quantstamp is a leader in blockchain security providing expert security audits and blockchain solutions.

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: 116-165-215-275 satoshi

QSP at 3rd tap rock bottom support, Ready for the massive pump like in the previous wave 😊🚀

QSP formed bullish shark pattern, It will pump hard.

QSP is ready for a moonshot 🚀

Now is the right time to build your position in QSP before breakout for massive profits in short term😊

SXP is trying to hold the support level of $0.53-$0.54 area. A break below this level is bearish and we see downward movement towards the next support level. The next support is $0.445-$0.455 area and $0.396-$0.41 area. You can add more SXP to your position here with tight stop loss.

Asia whales buying BTC now while they dump on USA on top. This is indication of possible reversal of market. Asian whales knows where the market go in coming weeks.

RUNE analysis:

RUNE is taking support at the $2.78-$2.88 area. The overall trend is bearish and RUNE was rejected from the resistance line multiple times. If RUNE breaks this support then we see more dump towards the $2.30-$2.40 support area. Don't open any long positions here. You can open a short position near $3.05-$3.15 resistance with tight stop loss.

Bitcoin sideways movement continues inside the triangle. BTC is respecting the support trendline and bouncing from there. There is no sign of strength in the market yet and we need to wait for the breakout. The weekend may bring some volatility in the market so plan your trades accordingly.

Educational Post:

What is dollar-cost averaging?

Dollar-cost averaging is an investment strategy that aims to reduce the impact of volatility on the purchase of assets. It involves buying equal fiat amounts of the asset at regular intervals.

The premise is that by entering a market like this, the investment may not be as subject to volatility as if it were a lump sum (i.e., a single payment). How so? Well, buying at regular intervals can smooth out the average price. In the long term, such a strategy reduces the negative impact that a bad entry may have on your investment. Let’s see how DCA works and why you might want to consider using it.

Dollar-cost averaging, of course, doesn’t completely mitigate risk. The idea is only to smooth the entry into the market so that the risk of bad timing is minimized. Dollar-cost averaging absolutely won’t guarantee a successful investment – other factors must be taken into consideration as well.

DOGE analysis:

DOGE is trading in a symmetric triangle and respecting the support and resistance line. The support is $0.078 area and resistance is $0.0825-$0.083 area. We see sideways movement before a breakout. You can open long position near support level with tight stop loss.

SHIB analysis:

SHIB has formed a descending triangle which is a bearish pattern. The support is 1000-1070 (check the zeros) and if this is broken then we see a heavy sell-off. We recommend you to wait for some time before taking any new entry. The resistance is 1150 and a break above this is bearish.

#WRX Analysis :

#WRX fakeout the major support level of $0.19 - $0.22 and started ranging over the major support. Right now, price fipping back to the majot support, so you can have a short-term buy opportunity, once pricr taps the zone. Use small risk here with stops below support.

Bitcoin break the symmetric triangle in downward direction. This is not a good sign as market is losing strength. A break below $29,000 will bring more downfall. Keep tight stop loss in all trades. As expected volatility hit the market on weekend. Don’t overtrade and wait for sometime for better entries.

DOGE break the triangle and now trading below it. We might see a retest of the trendline and then a continuation of the downtrend. You can exit your long position with a small loss or at the breakeven price.

RUNE is unable to hold the $2.78-$2.88 support. This is the reason we suggest you to not open any long positions. We may see a test of the lower support of the $2.30-$2.40 area before the next move. Wait for a test of this area and see how price reacts there. Don't rush for any trade now.

As we already mentioned, not to enter in #SHIB. Price broke below the stronf support zone of $0.00001027 - $0.00001060, which is now turned into resistance. Right now, price retested the zone and moving down. Short-sell opportunity is there, take small risk.

#XRP Analysis :

#XRP is now playing inside the major support level of $0.33 - $0.37. Price is also travelling inside a downtrend channel pattern and expected a bounce from $0.35 mark. Overall, not to look for buys until pattern breaks out. Moreover, we gonna callout if market looks healthy.