Trading Crypto Guide ™
Here's the Analysis of #ENJ : #ENJ facing strong sell pressure and reacted from the final zone of support zone around $0.32 - $0.33, trying to break of the resistance trendline. Trend looks strong for sells have to wait for the support to be broken and take…
#ENJ broke the support zone and had a retest too, with a rejection candlestick.Bitcoin is also at the resistance, and in case of drop, we can a god short-selling here too. Risk accordingly, and moderate here as manipulation can happen in the form of deeper retest.
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Here's the Analysis of #CYBER :
#CYBER trading below the resistance area and still following the downtrend channel pattern. Inside the a clean triangle pattern forming, given a small break of that, a retest and drop can came with that, so a short-selling can be taken on that targeting old lows and new lower lows.
#CYBER trading below the resistance area and still following the downtrend channel pattern. Inside the a clean triangle pattern forming, given a small break of that, a retest and drop can came with that, so a short-selling can be taken on that targeting old lows and new lower lows.
Trading Crypto Guide ™
#BTC falls back below $90,000 level and kinda very sideways move happening. Price reacting from the resistance area drawn, but weekly closing will determine something better for direction.
Trading Crypto Guide ™
#TOTAL UPDATE : #TOTAL following the same structure as #BTC, gave a tiny bit of up-move, moving back and forth of the newly created range. It might take another week to decide a breakout either side, making more clarity to the market.
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Here's the Analysis of #ZEN :
#ZEN formed the Head and Shoulder Pattern and dropping now after the retest of strong resistance Level (Red Box). Price can form a new lower low and reach out the major support zone around $6.68 - $6.93. A good reversal can came along there, in the meanwhile you can take shorting here in LTF.
#ZEN formed the Head and Shoulder Pattern and dropping now after the retest of strong resistance Level (Red Box). Price can form a new lower low and reach out the major support zone around $6.68 - $6.93. A good reversal can came along there, in the meanwhile you can take shorting here in LTF.
Trading Crypto Guide ™
#BTC WEEKLY TF UPDATE : #BTC is Weekly TF, had a retest back to the resistance area and rejecting it too. Candlestick forming a Doji Pattern and moving sideways in between in Daily and H4 TF. If this week closing goes indecisive then we have to wait another…
Trading Crypto Guide ™
#DXY had a flip below the Major Level, after forming a double top pattern. Index can fall next week allowing other asset class to breathe a little. Nothing much to expect, just wait for the breaks in H4 TF.
#DXY gone as per the analysis and had a clean drop and now trading between the range. The global market impacted with that, but crypto market haven't rallied much. Next week minor retracement can come, but we can expect it to have the drop till major support zone at 97.46% - $97.81%.
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Trading Crypto Guide ™
#BTC WEEKLY TF UPDATE : #BTC is Weekly TF, closed with a doji candlestick and this week its also rejecting the resistance area. This wee also it a consolidation back and forth at $90,000. Now, again we have to wait for the price to have a break either side…
#BTC weekly candle close slight bearish with a good top wick, forming a new resistance. Now, as soon as week open it pushing higher, nothing much for bullishness, its still seems bearish and middle of the range too. Wait for the further price action to develop and breakout too.
Trading Crypto Guide ™
#US30 UPDATE : #US30 retraced a little but eventually flipped the left shoulder and retested the zone as support now. Index now trying to push upside and make new ATH sooner. Getting in buys in LTF and targeting the Old High will be good.
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Here's the Analysis of #HYPER :
#HYPER going through the falling wedge pattern and price nearly trading to its listing price point. A Similar type of pattern is forming and can be very aggressive move once breakout happen. Also, it formed the Bear Flag and trying to have a break-down too. If it closes below the zone, then we can go for shorting move till listing area.
#HYPER going through the falling wedge pattern and price nearly trading to its listing price point. A Similar type of pattern is forming and can be very aggressive move once breakout happen. Also, it formed the Bear Flag and trying to have a break-down too. If it closes below the zone, then we can go for shorting move till listing area.
Trading Crypto Guide ™
#BTC weekly candle close slight bearish with a good top wick, forming a new resistance. Now, as soon as week open it pushing higher, nothing much for bullishness, its still seems bearish and middle of the range too. Wait for the further price action to develop…
#BTC shown its weakness and dropped hard, with the price action and fear factor that, BoJ can increase it interest rates. If news came in favor, then further fall can come along. Right now, price is at the decent support area, not so promising to hold it, be same from any kind of fresh and high leverage entries.
Trading Crypto Guide ™
#GOLD failed to take a break after retest and gone into sideways market now. Price had it rejection again from the top and can fall more, around $4130, where a reversal could happen.
#GOLD had its breakout after the consolidation and dropped being after being formed the double top pattern. Price is in the large trading range and can reach out the support zone around $4250 - $4260, where potential reversal can happen.