#ETHUSDT
Alright, eth hasn't lost it's local support recently and bounced up.
But can it break the resistance?
Stochastic is at the top, showing it may be oversold soon.
At this moment I'm afraid we're going to be pulled back.
Alright, eth hasn't lost it's local support recently and bounced up.
But can it break the resistance?
Stochastic is at the top, showing it may be oversold soon.
At this moment I'm afraid we're going to be pulled back.
#CRVUSDT
CRV is aggressing towards that previously flipped zone, on the strong downtrend
looks like a congestion before downtrend continuation.
CRV is aggressing towards that previously flipped zone, on the strong downtrend
looks like a congestion before downtrend continuation.
#LRCUSDT
If the support is strong enough
lrc might break the channel formation by bouncing up.
And in consequence will test the resistance.
If the support is strong enough
lrc might break the channel formation by bouncing up.
And in consequence will test the resistance.
#AVAXUSDT
Rising wedge on the downtrend cut.
looks bearish to me.
Take action if we bounce off the resistance.
Rising wedge on the downtrend cut.
looks bearish to me.
Take action if we bounce off the resistance.
#ROSEUSDT
This one is complicated.
Well first of all there's a bearish pennant formed, and stochastic shows overvalue almost at all timeframes.
But on the other hand after a strong downtrend it is pretty possible to be retraced to 0.5 fibo level.
So here both scenarios are relevant.
This one is complicated.
Well first of all there's a bearish pennant formed, and stochastic shows overvalue almost at all timeframes.
But on the other hand after a strong downtrend it is pretty possible to be retraced to 0.5 fibo level.
So here both scenarios are relevant.