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#GALA broke the downtrend channel and price is moving toward the resistance zone. The alternative path is chosen by price. There is high probability that price reject from the resistance area and continue the downward movement. A short selling opportunity is there near $0.018 level.
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Here's the analysis of #OCEAN :
#OCEAN floating above the major support zone of $0.146 - $0.155. Price more precisely ranging now, and forming a triangle pattern, where price gave a minor break. This can be a fake out, so not looking for any setups here.
Overall market is on a short-term pullback mode. #ZIL is also on its way too and might test the resistance zone of $0.0170 - $0.0173. You can look for confirmation in/ nearby that area of entries.
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Here's the analysis of #WAVES :
#WAVES dropped sharply too the major support zone of $1.23 - $1.31. Recently price retraced hard and mitigated from the resistance zone of $1.47 - $1.49. The rejection were too hard, so a Consolidation range is expected. A break below of the support will be the perfect opportunity for sells.
#GALA travelling inside the downtrend channel pattern and a retracement is expected to the resistance line and drop. Alternatively, this can take a fake breakout of the channel till resistance zone, which will be a high probable shorts opportunity.
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Here's the analysis of #CAKE :
#CAKE is been on a structural support zone around $3.11 - $3.15 and the major support zone is at $2.82 - $2.89. Market Structure is already heavily bearish, so price is expected to break to the downside and reach till the major support level. Alternatively, a rejection in daily TF, will push the price to major resistance of $3.51 - $3.59. Keep an eye on price action.
#BTC drove down to the strong support zone of $16,300 - $16,350 and price nearly reacted from it. Right now, its testing the intermediate weak flip levels, which might end up be a rejection. Its better to enjoy the weekend and Near Year too 😊.
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#BAT continues to push lower and running around 8.50% in profits. One scale-in position missed but Its a right time to secure position of the running trade by locking some profits and move stops to breakeven.
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#BTC going lower as expected and about to reach our mentioned point. Volume pretty much dried up, which result in building small ranges. Overall, holidays are on, so we can't expect much volume for movement in the market.
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#BAND continues to drop after taking the partials and currently running around 17% in profits. The next support is far away from here, so its better to close all. Price might take a pullback now somewhere around $1.44 - $1.46. Look for scale-in after rejection.
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#BTC continues to move down and filling out the imbalances. Still, Market Structure is bearish, so better stay away from fresh entries for longs. Next support is around $16,300 - $16,350 let's see how the market plays.
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Here's the analysis of #GALA :
#GALA slides below the #Binance listing price level and broke the build-up support around $0.0181 - $0.0184. Price is expected to retest back there as rejection area. Nothing more to happen until #Bitcoin volumes kicks-in.
#BAT perfectly breakout of the structural support in 4H TF. If you took the entry then use tight stop at recent swing highs/ Strong highs. Price may drop take minor pullback before moving down.
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Here's the analysis of #BAT :
#BAT moved below the strong support zone of $0.189 - $0.200, which is now turned into a strong resistance. Price is on its way to the structural support and to make a fresh lower low. Looking for position any sort of breakout, before that, its just a range and no trade area.
#BITCOIN on Daily TF, Pretty much ranging between a Support and Resistance around $15,750 - 15,930 and $17,950 - 18080 respectively. If we look at the volume, its nearly nothing as compared to the previous month. Due to this, market is less volatile and movement is choppy too. Well, LTF may come with opportunities and but large move will come with the breakout.
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#BTC did gave a slightly move as possible, still anticipating that small up-move and also look for that rising wedge pattern. A break of the risking wedge will be early indication of the exhaustion.
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So, Most of the people gonna hodl the older purchases and anticipation of upmove. But we would say, better average out the position, as market is already drastically down about 80% - 90%. So, to recover those price, market needs to rise 9x - 10x from the bottom, which is huge. This might possible but you'll lose the potential profits out there. Bet only on blue-chip coins as market gonna wash away unhealthy projects until next bull-run.
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#BTC still didn't moved alot and its kore than was earlier. Price forming a parabolic move and might reach the resistance level around $16,850 and 17,000 atmost. Hourly TF, trying to shift structure, so short-term upmove may come, don't fall in trap wait for opportunities.
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#DOCK didn't gave a breakout and rejected from the resistance as mentioned. If you took the entey then its good. Price again came back and made a large wick showing sharp rejection again. Now, price build a range and look for a range breakout.
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Another week passed and #BTC didn't gave any good movement over the past couple of weeks. Mostly, plays with a ranges and build ranges inside ranges. Scalping goes good with these type of range, but for a true move, we might gonna see some heavy manipulation this month or a relief rally may be🗣
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#BICO reversed from the shorts level and took use out at breakeven. I hope you locked profits at the strong support. Price again rejected from the same level and now build-up a consolidation range. You can trade the range or wait for a breakout to happen. Take it as per market conditions💠
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Here's the analysis of #FLOW :
#FLOW printed its new ATL (All-Time-Low) by breaking the support zone around $0.729 - $0.742. Price is expected for a pullback now, as its already pushed heavily lower. There's no buy opportunity as of no support looking left. Wait for a pullback for short-sells 🔺
#BAND took a strong pull-back as anticipated. Price didn't gave any reaction or rejection from the resistance zone. Currently, price is again below the zone and on the hourly Flip level too. Break and Close below candle of the $1.398 mark, can be potential scale-in 🔹
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Here's the analysis of #ZIL :
#ZIL gave a breakout and fell strongly after the consolidation range. The nearby resistance is around $0.0201 - $0.0204 and the major support is around $0.0138 - $0.0148. Price is expected to reach that support, till then wait for a pull-back for short-sell entries.
#BAT dropped as expected, price moved around 6% in profits. Its better to move stoploss to Breakeven or just above resistance zone. The next support is around $0.150, manage positions accordingly.
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#MicroStrategy will launch #Bitcoin Lightning solutions in 2023.
Also, #MicroStrategy increases #Bitcoin💰 hodlings today by 2,500 and now hodls 132,500 #Bitcoins.
#BICO gave a rejection candle in 4H TF and price made a good rejection from here. If you managed to get-in then shift the SL. Currently, price reaching out the strong support zone and might gonna rang too. A break below of the support will give a clean move down.
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#Bitcoin rejected from the $17,000 mark nearly, which was the resistance too. Price now dropping smoothly as expected and will break all the minor lows. Potentially, market is read for a new LL, So don't enter in any trades now and use tight stops in running one.
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Total Value Staked in #ETH pushed #ATH again. It's about 15.7M+ #ETH staked in it. Price is crashing or ranging, staking is shooting up, which is good for a safe run.
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Here's the analysis of #BICO :
#BICO built-up some strong support and resistance zones at $0.257 - $0.265 and $0.351 - $0.360. Price currently, trying to break the structural resistance area of $0.282 - $0.288. If 4H closes above the zone then a scalp trade is possible. Alternately, Breaking the support will open the room for further down-move.