It is nearing support area. Around a month ago when it was testing trendline, I made an update in our VIP channel that I wouldn’t buy that test of the trendline. It turned out to be a good decision.
Now as it is nearing very important horizontal support, we will be monitoring price action and if we get a bullish sign on support, we will buy it targeting at least the trendline, maybe even upper resistance.
Now as it is nearing very important horizontal support, we will be monitoring price action and if we get a bullish sign on support, we will buy it targeting at least the trendline, maybe even upper resistance.
It broke down from the trading range and now it is testing previous resistance.
This was one of the better-looking alt coins but with this move below support, it is joining the bearish crowd.
Let’s see if it gets back in the range. If that happens, it will stand out again from the majority.
We will look for buyers only once it closes above resistance.
Bearish move but there is a chance in case we get close back in the range.
This was one of the better-looking alt coins but with this move below support, it is joining the bearish crowd.
Let’s see if it gets back in the range. If that happens, it will stand out again from the majority.
We will look for buyers only once it closes above resistance.
Bearish move but there is a chance in case we get close back in the range.
If something looks scary, that’s BNB. I was talking and I am still talking, if you bought it somewhere on the way up, make sure to book the profit because it can vanish.
If the old all-time-high doesn’t hold, the next potential support is 60-70% from the current price.
Knowing what caused all this move up makes me even more scared.
Be careful one more time. No matter what is next move that CZ is going to make, the technicals are ready for a major correction.
If the old all-time-high doesn’t hold, the next potential support is 60-70% from the current price.
Knowing what caused all this move up makes me even more scared.
Be careful one more time. No matter what is next move that CZ is going to make, the technicals are ready for a major correction.
🙈🙈🙈
The closure below major support on a weekly time frame leaving us without any strong support below.
Similar to BNB, this can enter correction that will lead to at least 50% correction from current price.
In order to turn bullish, it has to close above the support as fast as possible otherwise we will be heading down.
The only bullishness for this coin, in general, is the fact that smart money loves it or at least it seems like that.
Top100 EOS addresses are holding 80% of the entire available coin supply.
They should have a good reason for that otherwise their portfolio is a huge risk.
What if they realise that EOS is not what it was supposed to be and start dumping their bags?
That’s something we can only speculate but technicals are currently looking bad.
The closure below major support on a weekly time frame leaving us without any strong support below.
Similar to BNB, this can enter correction that will lead to at least 50% correction from current price.
In order to turn bullish, it has to close above the support as fast as possible otherwise we will be heading down.
The only bullishness for this coin, in general, is the fact that smart money loves it or at least it seems like that.
Top100 EOS addresses are holding 80% of the entire available coin supply.
They should have a good reason for that otherwise their portfolio is a huge risk.
What if they realise that EOS is not what it was supposed to be and start dumping their bags?
That’s something we can only speculate but technicals are currently looking bad.
Forwarded from Crypto Signals
#ADA (ReaD 95% OF ALTCOINS)
If you see a coin that looks similar to this chart, run away from it until it shows bullish signs.
I do not see where all these long signals on ADA come from shared by other channels.
Once we see a close below range, may the God be with holders.
The price has to close above the range to start observing the bullish scenario.
The price was dropping for almost a year, made consolidation, broke up and then it’s back in the range. Tell me how that can be bullish?
If you see a coin that looks similar to this chart, run away from it until it shows bullish signs.
I do not see where all these long signals on ADA come from shared by other channels.
Once we see a close below range, may the God be with holders.
The price has to close above the range to start observing the bullish scenario.
The price was dropping for almost a year, made consolidation, broke up and then it’s back in the range. Tell me how that can be bullish?
We hope you’ve enjoyed our analysis. There were a lot of requests for Bitcoin, Litecoin and Xrp. We are waiting for weekly close to update them in the #CryptoMonday.
The coin with the most requests was INT (Internet Node Token).
I can use technicals because the volume is too low and candlesticks are everywhere without any order.
I will make fundamental research and make a separate update about this coin for all of you who requested this coin.
If you have any suggestion or anything else, send to @CryptoSignalsAdmin.
Thank you all, CS Admin!
The coin with the most requests was INT (Internet Node Token).
I can use technicals because the volume is too low and candlesticks are everywhere without any order.
I will make fundamental research and make a separate update about this coin for all of you who requested this coin.
If you have any suggestion or anything else, send to @CryptoSignalsAdmin.
Thank you all, CS Admin!
#DOGE
We are nearing a weekly close, it is too far from close above support.
On a daily time frame, we got rejected as well.
So far, Binance listing was nothing more than an exit pump for DOGE bag holders.
Only close above broken support can bring bullishness to this pair.
We are nearing a weekly close, it is too far from close above support.
On a daily time frame, we got rejected as well.
So far, Binance listing was nothing more than an exit pump for DOGE bag holders.
Only close above broken support can bring bullishness to this pair.
#Bitcoin
Two weeks ago, we got rejected by the last resistance on the monthly timeframe ($14 000).
Last weekly closure we got yesterday was just below $11 500, weekly resistance.
These are two main sign that built our bias for the week ahead.
Unless we get daily or 3D close above $11500, we will be short-term bearish looking for short trade setup.
Early invalidation of this setups is daily closure above last weekly high ($12 100).
If we get a close in the area between $11 500 and $12 100 we will be neutral.
Two weeks ago, we got rejected by the last resistance on the monthly timeframe ($14 000).
Last weekly closure we got yesterday was just below $11 500, weekly resistance.
These are two main sign that built our bias for the week ahead.
Unless we get daily or 3D close above $11500, we will be short-term bearish looking for short trade setup.
Early invalidation of this setups is daily closure above last weekly high ($12 100).
If we get a close in the area between $11 500 and $12 100 we will be neutral.
#Ethereum
After a while ago, we have Ethereum looking more bullish than Bitcoin. Is this a sign of potential alt season?
We closed above resistance, retested it two previous weeks and everything is set for moon mission this week.
If we have to chose between shorting Bitcoin and longing Ethereum, Ethereum setup looks way better.
This is our primary focus for a week ahead.
It also makes us less bearish on Bitcoin setup and if we take some shorts, it will be just short-term scalp trade.
The target for ETH is definitely $400 or at least previous high at around $370. However, it is hard to imagine price taking out that high and not reaching $30 higher.
After a while ago, we have Ethereum looking more bullish than Bitcoin. Is this a sign of potential alt season?
We closed above resistance, retested it two previous weeks and everything is set for moon mission this week.
If we have to chose between shorting Bitcoin and longing Ethereum, Ethereum setup looks way better.
This is our primary focus for a week ahead.
It also makes us less bearish on Bitcoin setup and if we take some shorts, it will be just short-term scalp trade.
The target for ETH is definitely $400 or at least previous high at around $370. However, it is hard to imagine price taking out that high and not reaching $30 higher.
Price is currently at support. We will like to see some nice bullish closure this week to confirm support.
Nice closure means above the upper area of support ($125).
The target would be previous high ($160) and the main target is $200.
Invalidation (closure below $110) would trigger bigger correction since we didn’t have any correction on LTCUSD pair for a while.
The upcoming halving is positive fundamentals that make us give more chance to the bullish scenario.
Nice closure means above the upper area of support ($125).
The target would be previous high ($160) and the main target is $200.
Invalidation (closure below $110) would trigger bigger correction since we didn’t have any correction on LTCUSD pair for a while.
The upcoming halving is positive fundamentals that make us give more chance to the bullish scenario.