Tron is forming a nice head and shoulders. We can expect a positive reaction here (market structure). Get our buy & sell positions in our crypto market scanner (comment).
Ethereum created a nice looking green candle, the seller are almost not active. We can expect a drop to maximum of 156 before a breakout is expected. Get our buy & sell positions in our crypto market scanner (comment).
IOTA is forming an ascending triangle. IOTA is now at support and forming nice wicks. Waiting for a nice bull candle at support before entering.
QTUM broke out of the horizontal resistance. QTUM is now busy making a retracement back to the support level. I wanna see a bullish reaction here before buying.
ADA had a dip yesterday and broke out of a descending triangle. ADA is now forming a hammer (bullish). If the Daily can close like this we can expect bullish movement next week.
Looks like Ethereum found support on the 21 ema and market structure. Expecting another leg up.
Enjin made a head and shoulders resulting in a full green candle against resistance. The price should not go lower than the 21 ema. Expecting this to breakout if the price bounces there.
BNB found support on the diagonal support line and closed with a nice bullish hammer. Expecting bullish movement if this support holds.
Ripple found resistance at the 200 ma. I don't see any reasons to go long yet. Waiting on some downside movement first.
BCHABC is consolidating, price is getting together and volume is dropping, making itself ready for a bigger move. A long opportunity would be at ~304 at horizontal and diagonal support.
Ethereum is now retesting support. The white box (between the 21 ema and the 200 ma) would be a safe long zone. These MA's represent market structure and a possibility to bounce.
BNB has the possibility to breakout upwards out of this horizontal resistance. Bitcoin looks like it might go down slowly making room for alts like BNB to go. BNB's volume is decreasing making this a consolidation pattern. Expecting a stronger move soon.
Bitcoin found resistance at the 200 ma. Expecting a drop down to ~4700 if this support level does not hold.