Trading Crypto Guide ™
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Here's the analysis of #COMP :
#COMP is been on a strong support level of $57.70 - $58.50 and forming a triangle pattern too. If price breaks below the support then its expected to reach till next support zone of $51.30 - $52.40. Alternatively, breaking above the triangle will lead in upmove of price. Entries only after breakout either side mentioned.
#COMP is been on a strong support level of $57.70 - $58.50 and forming a triangle pattern too. If price breaks below the support then its expected to reach till next support zone of $51.30 - $52.40. Alternatively, breaking above the triangle will lead in upmove of price. Entries only after breakout either side mentioned.
Trading Crypto Guide ™
#BTC again made a new range and price is barely moving in any direction instead building ranges and short-term breakouts. New range can breakdown to the downside. Use better stops in every trade and use low risks 📉.
As expected the new range broke in downward direction. Still #BTC is able to maintain above the support level. We may see another short term range trading here before the next breakout. Stop loss is recommended in all trades.
#Bitcoin Difficulty has adjusted to a new all-time-high due to a rapid increase in network hashpower.
This increases the $BTC cost of production, and puts additional stress on miners.
The bear market has no effect on miners yet. Let’s see where it goes.
This increases the $BTC cost of production, and puts additional stress on miners.
The bear market has no effect on miners yet. Let’s see where it goes.
Trading Crypto Guide ™
Here's the analysis of #STORJ : #STORJ is been ranging and rejected hard from the structural resistance around $0.482 - $0.490. Price build-up an support around $0.44, which is the bottom of the range. Price is expected to fall below to major support at…
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Here's the analysis of #LINA :
#LINA is been consolidating in a range, where resistance is around $0.0117 - $0.0123 and support is around at $0.00669 - $0.00742. Currently, price is been on the support level, and may bounce from here. Not looking amy high probable setup here, so watch for a breakout.
#LINA is been consolidating in a range, where resistance is around $0.0117 - $0.0123 and support is around at $0.00669 - $0.00742. Currently, price is been on the support level, and may bounce from here. Not looking amy high probable setup here, so watch for a breakout.
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As expected the new range broke in downward direction. Still #BTC is able to maintain above the support level. We may see another short term range trading here before the next breakout. Stop loss is recommended in all trades.
#BTC reached the drawn support zone of $18,850 level and took a small reaction over it. Another range can be build-up here as there very low volume in the market as price is moving slowly.
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#XLM climbed up till resistance zone as mentioned and now a possible drop me come. If you taken a short-sell then be on the setup and use previous swing high for Stops.
#XLM moved great a little bit. Price goes little bit dip inside the Resistance zone and dropped. We recommend to take some partials and moved stops at entry. Let's see how this trade plays out.
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#BAND broke below the besr flag, which could be the bearish continuation move. Still, just to be on the side, use can use sell stop below $1.188 for entries. Let's see how this setup plays out 💪.
#BAND dropped quickly after breaking the low of $1.188. Price made a low of $1.080, which is 9.1% in profits. We recommend to take some profits here and stops at breakeven. Expecting a further down continuation push.
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#BTC reached the drawn support zone of $18,850 level and took a small reaction over it. Another range can be build-up here as there very low volume in the market as price is moving slowly.
#BTC didn't moved a lot from yesterday, and made a new consolidating range. Now a days price is just moving from one range to another as there's not volume in the market. Better not to take new position in any alts trade.
Trading Crypto Guide ™
Here's the analysis of #COMP : #COMP is been on a strong support level of $57.70 - $58.50 and forming a triangle pattern too. If price breaks below the support then its expected to reach till next support zone of $51.30 - $52.40. Alternatively, breaking…
#COMP break below the support level which is now a resistance and pushing down towards the support around $52.40. Our call is at 6-7% profit, so better move stoploss to breakeven and hodl the trades.
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#GMT strongly rejected the major support and now again back to the strong resistance zone of $0.647 - $0.651. On 4H TF, price rejecting hard from the resistance and also forming the supporting uptrend line. Buys only after a candle close above resistance and…
#GMT did gave a candle close below the supporting uptrend line and dropped hard. Price broke below the major support zone, which is now major resistance. Trade is more than 12% in profit, so take major partials here and hodl rest with breakeven
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Here's the analysis of #SUSHI :
#SUSHI is been inside the triangle pattern, and build-up a support zone of $0.913 - $1.004. Recently, price is rejected from the resistance trendline and may drop again till support. If this pattern breaks to the downside then there's clean traffic till major support till $0.463 - $0.606.
#SUSHI is been inside the triangle pattern, and build-up a support zone of $0.913 - $1.004. Recently, price is rejected from the resistance trendline and may drop again till support. If this pattern breaks to the downside then there's clean traffic till major support till $0.463 - $0.606.
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Here's the analysis of #CHZ :
#CHZ dropped hard from the major resistance and reached the build-up support around $0.174 - $0.178. Price broke below the zone and currently retracing back. Expected a rejection from there for another down move. Price breaking above $0.198 high, will create a short-term bullish move.
#CHZ dropped hard from the major resistance and reached the build-up support around $0.174 - $0.178. Price broke below the zone and currently retracing back. Expected a rejection from there for another down move. Price breaking above $0.198 high, will create a short-term bullish move.
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#BTC didn't moved a lot from yesterday, and made a new consolidating range. Now a days price is just moving from one range to another as there's not volume in the market. Better not to take new position in any alts trade.
As said, not to take any alts position now. #BTC aggressively broke below the range and shot hunted it. Price immediately reversed by trying to move above the $20,000 mark. Anything could happen but outcome will the another range.
Trading Crypto Guide ™
Here's the analysis of #SUSHI : #SUSHI is been inside the triangle pattern, and build-up a support zone of $0.913 - $1.004. Recently, price is rejected from the resistance trendline and may drop again till support. If this pattern breaks to the downside…
#SUSHI is trying to break the triangle pattern. Wait for a daily candle close above the resistance line for confirmation. The resistance is $1.55-$1.62 zone. This could be a fakeout too so don't rush for new entries.
Trading Crypto Guide ™
#GMT did gave a candle close below the supporting uptrend line and dropped hard. Price broke below the major support zone, which is now major resistance. Trade is more than 12% in profit, so take major partials here and hodl rest with breakeven
#GMT sharply reverse after breaking the major support and flip above the zone. Now price is expected to reach to our entry point as its a resistance zone. Look for re-entry there as trend is bearish.