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The latest Messages 22
2021-12-21 11:01:22
After breaking the falling wedge, MANA retested the support zone and bounced from there. The resistance level remains the same of $3.4-$3.5 area. Metaverse is still a trend and we will see a second wave in Gaming and Metaverse tokens. Keep your stop loss below $3 support.
159 views08:01
2021-12-21 07:10:46
Bitcoin tested the falling wedge bottom line and bounced from there. Bitcoin is now trying to break the falling wedge pattern. BTC need to break $48,300 and hold above it to confirm the falling wedge pattern. We will see good upward movement if BTC break the falling wedge pattern.
165 views04:10
2021-12-20 19:45:14
ENJ analysis: ENJ analysis:
ENJ formed a Head & Shoulder (H&S) pattern and after that continuously in downtrend. ENJ need to break the $2.50-$2.55 resistance area to gain some bullish momentum. The next support is $2 area. If ENJ break $2 support then we see more downward movement. Keep your stop loss below $2 support area.
173 views16:45
2021-12-20 12:18:57
DOGE is now at the major support of $0.16 and still no sign of strength here. If DOGE break the $0.16 area then we see more downward movement in coming days. If you are holding DOGE then must use a stop loss. Even after the Elon Musk announcement DOGE is unable to gain bullish momentum.
188 views09:18
2021-12-20 09:53:16
ETH break the weekly major support and also break the trendline support. This is not a good sign for altcoin market. The next major weekly support is $3400 and daily level support is $3650 area. Use stop loss in all trades as market is in uncertainty zone.
165 views06:53
2021-12-20 07:38:44
Bitcoin is forming a falling wedge pattern and also there is bullish divergence formed on RSI. Falling wedge is a bullish pattern and we may see a upward breakout soon. The resistance line of the falling wedge is near $48,300. Bitcoin need to go above $50,000 to turn the market sentiments bullish.
166 views04:38
2021-12-18 17:29:35
MANA analysis:
MANA is forming a falling wedge and now heading towards the decision time. Falling wedge is a bullish pattern and usually break in upward direction. The major support is $3 area and the resistance is $3.4 area. We will see good move in MANA after the breakout. Keep an eye on the support and resistance.
36 views14:29
2021-12-18 12:42:29
SAND is breaking out the triangle resistance line. Wait for candle close above the trendline for confirmation. The next major resistance is $5.5-$5.7 area and a breakout above this resistance will open gates for new all-time high.
77 views09:42
2021-12-18 10:24:58
ETH update:
ETH also break the $3900 support and now trying to go above it again. ETH is trying to reclaim the $4000 level but unable to do it. The next major support is $3550-$3650 area. ETH BTC pair is still holding above the 0.08 support and ETH is bullish as long as the ETH BTC pair hold above that support.
94 views07:24
2021-12-18 07:01:28
Bitcoin break the trading range in downward direction. This could be a fakeout to trigger stop loss and liquidate high leverage trades. We may see high volatility during the weekend. A weekly candle close below $47,700 is bearish. Use stop loss in all open trades.
118 views04:01
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