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There are rumours of big news announcement during Labs AMA with Kucoin🔥
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https://twitter.com/labsgroupio/status/1598709800753573888?t=U05ChDlVeCD2NTk6f9yTSQ&s=19
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#ATOM break the inverse Head & Shoulder pattern and retraces back inside it. Now, anticipating a up move in price from here. If you bought the position then place stops below Right Shoulder.
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#BTC did gave a breakout but not so strong as mentioned. Price reversed as price loosen strength and moved back to the demand level. $16,800 will act as support level, of price retraces deeper. But this is the strong resistance, so next aggresive upmove or down-move might come from here.
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#ETH flipped above the major level of resistance and did a retest also. The next resistance is around #1334 - $1350. This is the new trading range for #ETH. Breaking and rejecting, will impact the altcoins as per moves.
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#BTC took a retracement back but not up to where it expected. Price made a small flag pattern and aggresively breakout and given a close above the resistance zone. The closing was not very healthy but pullback may come. Wait for the any fresh entries unless high probable setups occurs.
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#DATA and #DEGO usually follow each other 😊
We have seen #DEGO massive pump, now time for #DARA to steal the show🚀✌️
#DATA/BTC BUY/LONG CALL
Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.
Targets: 183-245-295-350 satoshi
Stop if 1D close below 137 satoshi
https://www.binance.com/en/support/announcement/43bf77e6735040beae8659af95f653aa
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#BItcoin aggresively jumped after the fakeout as we already mentioned the this can be fakeout and bit of indecision going on. Right now, price is back to the upper range of the resistance zone around $17,000 and looks like rejecting it. Expecting a whole bunch of retracement back to $16,500 area. Break and close above the zone in 4H TF, will push the price till $17,500 mark.
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#LTC break the wedge but looks like price give a breakout below the zone and bounced from the hourly support. Now, it more looks like bull flag/ small channel pattern. Potential moves indicated in chart. Try to anticipate thr moves with confirmation.
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Here's the analysis of #DOGE :
#DOGE retraced hard after as massive up-move due to news. Right now, price ended up the short-term pullback phrase and as price sharply rejected the strong resistance zone of $0.106 -$0.110. Looking onto the 4H TF, price is expected to fall back to the support. Minor support will be the only obstacle around $0.0887. Overall, move is expected till $0.0766.
#THETA moved good after the breakout and made a high of $0.982, which is 11.4% in profits. Price already minor resistance and rejected. If you secured profits then its good. Still, trade with BE stops running.
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#FIO performed well, and achieved the 1st target of $0.0365 and made a high of $0.0399, which is 24.3% in profits. I hope you're enjoying the free calls.
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#KMD pushed up in a short time and achieved the 1st target of 1289 satoshi. Price made a high of 1310 Satoshi, which is 13.62% in profits. I hope your secured some profits over there.
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As per labs recent tweet something very big coming in the history of #LABS project and whales can pump it beyond your imagination
So don’t miss this GEM😊
We are buying #LABS/USDT on Kucoin
LABS is having a big news 🚀
Now is the right time to build your position in LABS before breakout for massive profits in short term😊
Targets can be very high🚀✌️
#CHZ gave a range breakout and candles making all the way down. If you took short-sells positions after candle close then manage the position now. Drop-in price is expected till $0.154 and lower around $0.145.
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Here's the analysis of #GALA :
#GALA broken the small downtrend channel pattern and started ranging. There's no clean price action as so, no clear SNR. Price nearly reached the listing price also, so better not to take any buy entries. Potential short-sell might come.
#CHZ give a breakout to the down and move around 5% in favor. If you took this trade then market took you out at breakeven. Overall, not it more looks like price is ranging inside the Resistance zone. A breakout will the potential setup for us, so keep track on it.
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Here's the analysis of #ATOM :
#ATOM is being bounced off the strong support around $8.73 - $9.13. Price now 4H TF, forming a inverse head & shoulder pattern and also reached up a structural resistance level. Price breaking above the $10.85, will open the gates for potential upmove till $12.25 and above. Take you entries depending on market conditions.
#DATA/USDT BUY/LONG CALL
Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀
Targets: $0.03078-0.03875-0.04595-0.05050
Stop if 1D close below $0.02496
#CHZ given a broke below the zone on 4H TF and our short-sells trade working smoothly. Take major partials here and hodl with breakeven stops. Currently, price forming a triangle formation inside the major zone, which may break to the downside. Potential scale-in might come. Keep an eye on breakout.
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#LTC give break above the channel pattern/ bull flag. Price aggresively jumped after a deep retest. Expected a continuation move to the upside till resistance around $83.60. If you opened any position after the breakout then move the stops to recent low.
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Here's the analysis of #TWT :
#TWT did a massive jump due to #FTX collapse issue and moved above major level of $1.31 - $1.39. Price now building a descending triangle pattern, which generally comes in downtrend with a down Impulsive move. Now, strong support is around $1.83 and there's nothing unless it breaks the pattern either side, just trade the breakout.
#BTC pumped after the small consolidation range, throwing back to the resistance level. This might be a huge fake out of the range, where price again getting in. Its an indecision area now. So, wait for the price to develop further candles.
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#FIO in #BTC pair also and achieved the 1st target of 218 Satoshi and made a high of 241 Satoshi, which is 24.8% in profits.
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#KMD in #USDT pair also achieved the 1st target easily and made a high of $0.2166, which is 13.70% in profits. Keep locking partials at mentioned TP zones
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⏺#Bitcoin as mentioned in the previous post, as soon as monday market open, price dropped heavily. Currently, price tried to hodl but broke below the triangle pattern and reached the minir support around $16,070. Overall, this move might lead till $15,600 - $15,750, so careful with any fresh position.
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