Crypto Chart Alerts

2022-04-28 09:38:05 #Bitcoin Dominance is stared going up and breaking the resistance around 42%. We already told to use stoploss in every trade as alts will continue. Candles closing above 42.20% will open the gates for 43% which is a stronf resistance too. Open / Comment

2022-04-28 06:49:17 Bitcoin has formed a falling wedge on lower time frames. A falling wedge is usually a bullish pattern and breaks in an upward direction. The resistance line of the falling wedge is near the $40,000-$40,100 area. A break above this level will open gates for $42,000 and the $44,000-$44,400 resistance area. If the falling wedge breaks in a downward direction then we see more dump in the market. Open / Comment

2022-04-28 02:34:12 MBOX Analysis:

MBOX is inside a large falling wedge pattern and price recently rejected from the resistance line. Currently, price again gaining momentum to break it and support area is at $1.80 - $1.97. Wait for the price to break the falling wedge for buy setup. Open / Comment

2022-04-27 16:07:09 Bitcoin dominance break the downtrend line in upward direction and tested the 42% resistance area. Dominance is trading in the range of 41.30% to 42.10% area. A break above 42.10% is bullish and we see heavy sell-off in altcoin market. If Dominance break 41.30% level then we see good upward move in altcoins. Use stop in all open positions and keep an eye on Bitcoin Dominance. Open / Comment

2022-04-27 16:04:19 CRV rejected from the resistance line of $2.80 area. CRV tested the $2.35-$2.40 support and holding above it. We may see another test of the resistance line soon. If you opened a long position near support level then increase your stop loss to breakeven price and hold. A break above $2.80 area is bullish. Open / Comment

2022-04-27 10:22:00 Educational Post

Average Directional Index

The average directional index (ADX) is a technical analysis indicator used by traders to determine the strength of a trend.

The ADX makes use of a positive (+DI) and negative (-DI) directional indicator in addition to the trendline.

The trend has strength when ADX is above 25; the trend is weak or the price is trendless when ADX is below 20.

If the ADX is declining, it could be an indication that the market is becoming less directional, and the current trend is weakening. You may want to avoid trading trend systems as the trend changes. Open / Comment

2022-04-27 08:25:10 APE continue the upward movement and now trading above the $18 resistance level. So far more than 80% profit from our entry. Increase your stop loss near to $16.50 area and hold this trade. We may see more upside move in APE in coming days. New entries are risky here. Open / Comment

2022-04-27 06:50:35 Bitcoin breaks the uptrend channel and this is not a good sign. If BTC breaks below $38,000 then we see a continuation of this downward movement. BTC following global markets. BTC is bearish below the $40,000 level. The next support is $36,800-$37,000 area. Put stop loss in all trades. Open / Comment

2022-04-27 02:32:59 ZEC analysis:

ZEC broke the falling wedge pattern and now trading in the range of $150-$170 area. The support is $148-$151 area and you can get some ZEC in this zone. We expect a bounce from here towards the $170 resistance level. Use tight stop loss in this trade. Open / Comment

2022-04-26 13:21:07 LUNA again bounced from the support of $89 area. The major resistance is $100-$103 and we see test of this resistance soon. If LUNA break this level then we see good upward move. The support remains the same of $89 and $76-$79 area. Open / Comment