LIVETradium
@Tradium
Daily analysis from team of 400+ professional crypto traders. We using market data from our free cryptoscreener for Binance: Twitter: @tradiumcrypto
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#Analysis #AGIX
Data from #Cryptovizor
TREND 🟢🔴🔴🟢🟢 MA 🔴 RSI 🟡 27.06.2023
Volume 1D 8.32 M CD Week -4.8 M
Made by: barma1lei
SingularityNET is a blockchain-based platform that allows users to "create, share, and monetize" AI-based services.
We are observing a downtrend, negative delta. The asset showed a solid bounce to the 0.618 Fibonacci correction and the resistance zone of $0.25-$0.27. Long upper shadows suggest that crossing this level won't be easy. Thus, the current trading interest lies within the range of $0.23-$0.27. For further growth, we need to exceed the $0.3 level, where we find the ROS and strong resistance.
#trading #BinanceTournament
Data from #Cryptovizor
TREND 🟢🔴🔴🟢🟢 MA 🔴 RSI 🟡 27.06.2023
Volume 1D 8.32 M CD Week -4.8 M
Made by: barma1lei
SingularityNET is a blockchain-based platform that allows users to "create, share, and monetize" AI-based services.
We are observing a downtrend, negative delta. The asset showed a solid bounce to the 0.618 Fibonacci correction and the resistance zone of $0.25-$0.27. Long upper shadows suggest that crossing this level won't be easy. Thus, the current trading interest lies within the range of $0.23-$0.27. For further growth, we need to exceed the $0.3 level, where we find the ROS and strong resistance.
#trading #BinanceTournament
#BTC 1D #analysis
Cryptovizor data:
TREND 🟢🟢🟢🟢🟢 MA 🟢 RSI 🟢 21.06.2023
Volume 1D 1.91 B CD Week -227.79 M
BTC recent trajectory is impressively bullish. It began with a significant Buying Pressure and a spring at the 0.5 Fibonacci level. The move upward is controlled, lacking both oversold conditions and significant volume
The 1 bar signaled a reversal with strong buying pressure, average spread and volume, and good progress, engulfing the 0 breakout bar
The upward trend continued with no significant pullback. The 2 bar, a Sign of Strength, rapidly approached the key level of downward correction, including the upper range boundary and the 0.5-0.618 retracement level.
#trading #BinanceTournament $BTC
Cryptovizor data:
TREND 🟢🟢🟢🟢🟢 MA 🟢 RSI 🟢 21.06.2023
Volume 1D 1.91 B CD Week -227.79 M
BTC recent trajectory is impressively bullish. It began with a significant Buying Pressure and a spring at the 0.5 Fibonacci level. The move upward is controlled, lacking both oversold conditions and significant volume
The 1 bar signaled a reversal with strong buying pressure, average spread and volume, and good progress, engulfing the 0 breakout bar
The upward trend continued with no significant pullback. The 2 bar, a Sign of Strength, rapidly approached the key level of downward correction, including the upper range boundary and the 0.5-0.618 retracement level.
#trading #BinanceTournament $BTC
$ETH Midterm #analysis 12H Timeframe
Data from Cryptovizor
TREND 🔴🔴🔴🔴🔴
MA 🔴 RSI 🔴 15.06.2023
Volume 1D 705.59 M
CD Week -146 M
1. Ethereum #ETH is currently experiencing a complex correction.
2. The asset has approached a support level in the form of an OB (Order Block) on the weekly timeframe.
3. There is a possibility of witnessing a local bounce and potential reversal after manipulating the level below.
4. To open a local long position, it is recommended to wait for confirmation in the form of breaking a specific level (mbos).
#trading #BinanceTournament
Data from Cryptovizor
TREND 🔴🔴🔴🔴🔴
MA 🔴 RSI 🔴 15.06.2023
Volume 1D 705.59 M
CD Week -146 M
1. Ethereum #ETH is currently experiencing a complex correction.
2. The asset has approached a support level in the form of an OB (Order Block) on the weekly timeframe.
3. There is a possibility of witnessing a local bounce and potential reversal after manipulating the level below.
4. To open a local long position, it is recommended to wait for confirmation in the form of breaking a specific level (mbos).
#trading #BinanceTournament
$ATOM 12h #analysis
Data from Cryptovizor:
TREND 🔴🔴🔴🔴🔴
MA 🔴 RSI 🔴 09.06.2023
Volume 1D 8.65 M
CD Week 71.39 M
Cosmos (ATOM) is currently ranked 27th in the market with a market cap of approximately $4.26B. It's a decentralized network of independent parallel blockchains, creating the foundation for a new token economy.
Analysis:
- The asset is in a strong bearish trend, indicated by five consecutive red bars.
- Both the MA and RSI indicators are in the bearish zone, suggesting further downward movement.
Comment: The bearish trend continues. If the current green zone doesn't show any reaction, I expect the next one to do so and so on. On bounces, one can look for short opportunities from resistance levels on the lower timeframes.
#ATOM #BinanceTournament #trading #crypto2023
Data from Cryptovizor:
TREND 🔴🔴🔴🔴🔴
MA 🔴 RSI 🔴 09.06.2023
Volume 1D 8.65 M
CD Week 71.39 M
Cosmos (ATOM) is currently ranked 27th in the market with a market cap of approximately $4.26B. It's a decentralized network of independent parallel blockchains, creating the foundation for a new token economy.
Analysis:
- The asset is in a strong bearish trend, indicated by five consecutive red bars.
- Both the MA and RSI indicators are in the bearish zone, suggesting further downward movement.
Comment: The bearish trend continues. If the current green zone doesn't show any reaction, I expect the next one to do so and so on. On bounces, one can look for short opportunities from resistance levels on the lower timeframes.
#ATOM #BinanceTournament #trading #crypto2023
#CTK 1D #analysis
Data from Cryptovizor
TREND 🔴🔴🔴🔴🔴
MA 🔴 RSI 🔴 08.06.2023
Volume 1D 441.89 K
CD Week 3.24 M
The CTK token is currently experiencing a negative trend, with consistent bearish momentum. The moving averages and RSI indicator also indicate a bearish sentiment.
After a significant period of consolidation, the global support level has been breached after 940 days, and a new low has been established. The downward movement may not have reached its bottom yet, and there is potential for further decline. By using the Fibonacci retracement tool, we can identify the next potential level to watch for the asset, which is around $0.6. #BinanceTournament #trading #crypto2023 $CTK
Data from Cryptovizor
TREND 🔴🔴🔴🔴🔴
MA 🔴 RSI 🔴 08.06.2023
Volume 1D 441.89 K
CD Week 3.24 M
The CTK token is currently experiencing a negative trend, with consistent bearish momentum. The moving averages and RSI indicator also indicate a bearish sentiment.
After a significant period of consolidation, the global support level has been breached after 940 days, and a new low has been established. The downward movement may not have reached its bottom yet, and there is potential for further decline. By using the Fibonacci retracement tool, we can identify the next potential level to watch for the asset, which is around $0.6. #BinanceTournament #trading #crypto2023 $CTK
#JOE 12h #analysis
Data from Cryptovizor
TREND 🟢🟢🟢🔴🟢
MA 🟢 RSI 🟡 07.06.2023
Volume 1D 13.77 M
CD Week 108.73 M
After a 10-month accumulation phase, the asset experienced a swift rally, breaking through two resistance levels and doubling in price to $0.71. The correction following such a rapid rise was equally swift and found support at the 0.786 Fibonacci retracement level of the growth impulse.
Currently, we are observing a rebound that has turned into a sideways movement within the range of $0.39-$0.48. Within this range, lower lows and lower highs have started to form, indicating a higher probability of a downside breakout to the next support level at $0.31. If the market conditions are favorable, we can expect further growth towards the next resistance level at $0.52 #trading #BinanceTournament
Data from Cryptovizor
TREND 🟢🟢🟢🔴🟢
MA 🟢 RSI 🟡 07.06.2023
Volume 1D 13.77 M
CD Week 108.73 M
After a 10-month accumulation phase, the asset experienced a swift rally, breaking through two resistance levels and doubling in price to $0.71. The correction following such a rapid rise was equally swift and found support at the 0.786 Fibonacci retracement level of the growth impulse.
Currently, we are observing a rebound that has turned into a sideways movement within the range of $0.39-$0.48. Within this range, lower lows and lower highs have started to form, indicating a higher probability of a downside breakout to the next support level at $0.31. If the market conditions are favorable, we can expect further growth towards the next resistance level at $0.52 #trading #BinanceTournament
A Potential Breakout from Accumulation?
#RNDT 12h #analysis
Cryptovizor data:
TREND 🟢🔴🟢🟢🟢
MA 🟢 RSI 🟢 02.06.2023
Volume 1D 35.8 M
CD Week 29.53 M
Made by aerobean
Radiant Token is a part of Radiant Capital project, aiming to create a universal money market for users to pledge on one blockchain and receive credit on another. Currently, it supports ARB and Binance Smart Chain with plans to add more
RNDT has been accumulating for 22 days in a $0.3 - $0.33 range. As a Binance Launchpad project, it's more likely to break out upwards, targeting around $0.43 with an intermediate stop at the $0.385 POC. Entry is recommended at the range's lower boundary or after the breakout for safety
In less favourable market conditions, potential entries may be around $0.2 where the next support lies
#trading #crypto2023
#RNDT 12h #analysis
Cryptovizor data:
TREND 🟢🔴🟢🟢🟢
MA 🟢 RSI 🟢 02.06.2023
Volume 1D 35.8 M
CD Week 29.53 M
Made by aerobean
Radiant Token is a part of Radiant Capital project, aiming to create a universal money market for users to pledge on one blockchain and receive credit on another. Currently, it supports ARB and Binance Smart Chain with plans to add more
RNDT has been accumulating for 22 days in a $0.3 - $0.33 range. As a Binance Launchpad project, it's more likely to break out upwards, targeting around $0.43 with an intermediate stop at the $0.385 POC. Entry is recommended at the range's lower boundary or after the breakout for safety
In less favourable market conditions, potential entries may be around $0.2 where the next support lies
#trading #crypto2023
Made by YAGOSU
#REN 1D
Data from Cryptovizor
TREND 🟢🔴🔴🔴🔴
MA 🔴 RSI 🟠 01.06.2023
Volume 1D 346.16 K CD Week 171.98 K
Ren is locked in a strong downtrend but has reached a key buyer control zone. Counter-trend purchases are possible here for skilled traders or if the market signals a counter-trend. Volume distribution is even along the downward impulse. First resistance lies within $0.080-0.085 range, offering a potential 12-15% given buyers uphold support. Comfortable longs could start post securing above $0.095, pushing price above MA 50/200 12H. If buyers fail to hold $0.07, a 12% drop is likely.
#trading #cryptotrading #BinanceTournament #crypto2023
#REN 1D
Data from Cryptovizor
TREND 🟢🔴🔴🔴🔴
MA 🔴 RSI 🟠 01.06.2023
Volume 1D 346.16 K CD Week 171.98 K
Ren is locked in a strong downtrend but has reached a key buyer control zone. Counter-trend purchases are possible here for skilled traders or if the market signals a counter-trend. Volume distribution is even along the downward impulse. First resistance lies within $0.080-0.085 range, offering a potential 12-15% given buyers uphold support. Comfortable longs could start post securing above $0.095, pushing price above MA 50/200 12H. If buyers fail to hold $0.07, a 12% drop is likely.
#trading #cryptotrading #BinanceTournament #crypto2023
Made by jpigeon84 #ACH 1D
Cryptovizor data:
TREND 🔴🔴🟢🟢🟢 MA 🟡 RSI 🟢 31.05.2023
1D Vol 12.43M CD Week -2.91M
Post "0-B" strong ascent, a deep "B-C" correction occurred. The buyer missed a final opportunity to uphold the upward trend at 0.786 level, failing to set a new high
Comparing buying waves "A-B," "C-D," "E-F" clearly shows the weakening buyer impulse across spread, volume, progress, and results. The buyer's strength depleted from point "1"; "E-F" wave transpired as a normal reaction with low volume. The final buyer attempt at "F" failed
In contrast, selling waves "B-C" and "D-E" display strong, comparable seller strength. Downward movements are swift and without significant pullbacks
Seller's strength is dominant, indicating a probable continuation of the downtrend
#trading #BinanceTournament
Cryptovizor data:
TREND 🔴🔴🟢🟢🟢 MA 🟡 RSI 🟢 31.05.2023
1D Vol 12.43M CD Week -2.91M
Post "0-B" strong ascent, a deep "B-C" correction occurred. The buyer missed a final opportunity to uphold the upward trend at 0.786 level, failing to set a new high
Comparing buying waves "A-B," "C-D," "E-F" clearly shows the weakening buyer impulse across spread, volume, progress, and results. The buyer's strength depleted from point "1"; "E-F" wave transpired as a normal reaction with low volume. The final buyer attempt at "F" failed
In contrast, selling waves "B-C" and "D-E" display strong, comparable seller strength. Downward movements are swift and without significant pullbacks
Seller's strength is dominant, indicating a probable continuation of the downtrend
#trading #BinanceTournament
#JOE 1D #analysis
Cryptovizor data: TREND 🔴🔴🔴🟢🟢
MA 🟢 RSI 🟢 31.05.2023
1D Vol: 27.71M CD Week: -841.25K
Author: jpigeon84
Post-ascending impulse A-B, corrected B-C. This strong seller movement lacked volume, indicating a weak seller and absent buyer. Buyer interest at levels 1 and 2 wasn't sufficient to maintain the trend, endangering A-B
Support around 0.786 emerged. The buyer's first effective action post-correction created a local upward trend. Yet, local overbought circumstances revealed a limit seller within high-volume surge bar "3". Without a weak test of breakout bar "3" and local high update, no strong buyer can be confirmed
Conclusion: A return to 0.786 level presents another opportunity for buyer impact. Without it, a final break of impulse "A-B" is likely
#trading #BinanceTournament
Cryptovizor data: TREND 🔴🔴🔴🟢🟢
MA 🟢 RSI 🟢 31.05.2023
1D Vol: 27.71M CD Week: -841.25K
Author: jpigeon84
Post-ascending impulse A-B, corrected B-C. This strong seller movement lacked volume, indicating a weak seller and absent buyer. Buyer interest at levels 1 and 2 wasn't sufficient to maintain the trend, endangering A-B
Support around 0.786 emerged. The buyer's first effective action post-correction created a local upward trend. Yet, local overbought circumstances revealed a limit seller within high-volume surge bar "3". Without a weak test of breakout bar "3" and local high update, no strong buyer can be confirmed
Conclusion: A return to 0.786 level presents another opportunity for buyer impact. Without it, a final break of impulse "A-B" is likely
#trading #BinanceTournament
Bella Protocol #BEL - A Potential Bullish Scenario
Cryptovizor data:
TREND 🟢🔴🟢🟢🟢 MA 🟢 RSI 🟢 30.05.2023
1D Vol 13.61M CD Week -1.45M
Market Cap: $51.76M
Bella Protocol, ranked 216 in the crypto market, is in a broad range, though last week closed bullish. Potential upward movement after working out divergence is expected. Aiming for a correction to the ROS level of 0.7218 and further movement to the range's upper border.
Targets: 1st 0.9134, 2nd 1.28. Recent partnerships with IOST, Linear Finance, and Fortube aim to enhance DeFi security and usability.
Made by MMMaximus
Remember, always do your own research before investing. #DYOR
#trading #crypto2023 #cryptotrading
Cryptovizor data:
TREND 🟢🔴🟢🟢🟢 MA 🟢 RSI 🟢 30.05.2023
1D Vol 13.61M CD Week -1.45M
Market Cap: $51.76M
Bella Protocol, ranked 216 in the crypto market, is in a broad range, though last week closed bullish. Potential upward movement after working out divergence is expected. Aiming for a correction to the ROS level of 0.7218 and further movement to the range's upper border.
Targets: 1st 0.9134, 2nd 1.28. Recent partnerships with IOST, Linear Finance, and Fortube aim to enhance DeFi security and usability.
Made by MMMaximus
Remember, always do your own research before investing. #DYOR
#trading #crypto2023 #cryptotrading
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Our recent articles:
#ONT - Onlology Price analysis + Fundamentals
https://www.binance.com/en/feed/post/568614
#WAVES Analysis: A Downward Trend with Potential for Change
https://www.binance.com/en/feed/post/570820
#EOS - A Potential Rebound Amidst a Bearish Trend
https://www.binance.com/en/feed/post/576064
Leave a comment on what you like about your choice
Our recent articles:
#ONT - Onlology Price analysis + Fundamentals
https://www.binance.com/en/feed/post/568614
#WAVES Analysis: A Downward Trend with Potential for Change
https://www.binance.com/en/feed/post/570820
#EOS - A Potential Rebound Amidst a Bearish Trend
https://www.binance.com/en/feed/post/576064
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EOS: A Potential Rebound Amidst a Bearish Trend
#EOS 1D
Data from Cryptovizor:
TREND 🟢🟢🟢🟢🟢 MA 🟡 RSI 🟡 30.05.2023
Volume 1D 7.88 M CD Week -699.78 K
Market Cap: $992,738,257
EOS is a blockchain-based, decentralized system that enables the development, hosting, and execution of commercial-scale decentralized applications (dApps) on its platform.
EOS, currently ranked 40th in the crypto market, has shown a slight price increase of 1.29% in the last 24 hours. The current market cap is approximately $992.42 million with a trading volume of about $30.52 million in the past day.
EOS is currently in a range. It has updated local lows, but the level has been held. A divergence has formed at the lower border at the support level on the daily timeframe. At the moment, RSI has reached the neutral zone from the oversold zone, and the price has updated local highs. We expect to see a continuation of the upward movement with minimal targets to the center of the range (~$1.04).
Recent News:
EOSIO has recently announced the release of EOSIO 2.2.0, a software update that brings improvements to the EOSIO software.
Block.one, the company behind EOS, has recently been in the news for its ongoing legal battles.
EOS has been listed on the Bitso exchange, expanding its reach to the Latin American market.
#trading #cryptotrading #BinanceTournament
Data from Cryptovizor:
TREND 🟢🟢🟢🟢🟢 MA 🟡 RSI 🟡 30.05.2023
Volume 1D 7.88 M CD Week -699.78 K
Market Cap: $992,738,257
EOS is a blockchain-based, decentralized system that enables the development, hosting, and execution of commercial-scale decentralized applications (dApps) on its platform.
EOS, currently ranked 40th in the crypto market, has shown a slight price increase of 1.29% in the last 24 hours. The current market cap is approximately $992.42 million with a trading volume of about $30.52 million in the past day.
EOS is currently in a range. It has updated local lows, but the level has been held. A divergence has formed at the lower border at the support level on the daily timeframe. At the moment, RSI has reached the neutral zone from the oversold zone, and the price has updated local highs. We expect to see a continuation of the upward movement with minimal targets to the center of the range (~$1.04).
Recent News:
EOSIO has recently announced the release of EOSIO 2.2.0, a software update that brings improvements to the EOSIO software.
Block.one, the company behind EOS, has recently been in the news for its ongoing legal battles.
EOS has been listed on the Bitso exchange, expanding its reach to the Latin American market.
#trading #cryptotrading #BinanceTournament
Made by deciesnovum #API3 4h
Cryptovizor data:
TREND 🟢🟢🟢🟢🔴 MA 🔴 RSI 🟡 29.05.2023
1D Volume 684.3 K CD Week -473.74 K
API3 (API3) is a decentralized API infrastructure that aims to provide secure and decentralized data feeds for Web 3.0 applications.
API3 is in an uptrend up to the 12-hour timeframe but far from the MA. It recently reached a March high, but the weekly CD is negative. The current situation is not bullish. A long position could be considered after consolidating above 1.248-1.288, aiming for 1.35-1.4. A short scenario, with a stop-loss above 1.3 targeting 1.19, seems more probable.
#trading #BinanceTournament #analysis #cryptotrading
Cryptovizor data:
TREND 🟢🟢🟢🟢🔴 MA 🔴 RSI 🟡 29.05.2023
1D Volume 684.3 K CD Week -473.74 K
API3 (API3) is a decentralized API infrastructure that aims to provide secure and decentralized data feeds for Web 3.0 applications.
API3 is in an uptrend up to the 12-hour timeframe but far from the MA. It recently reached a March high, but the weekly CD is negative. The current situation is not bullish. A long position could be considered after consolidating above 1.248-1.288, aiming for 1.35-1.4. A short scenario, with a stop-loss above 1.3 targeting 1.19, seems more probable.
#trading #BinanceTournament #analysis #cryptotrading
Made by rgalyeon #AVAX 1D
Data from Cryptovizor
TREND 🔴🟢🟢🟢🔴 MA 🔴 RSI 🟡 29.05.2023
Volume 1D 24.39 M CD Week -9.25 M
Market Cap: $3.57B
The price of #Avalanche is currently at the lower boundary of its range. The RSI has touched the neutral zone on the daily timeframe. The price has updated the low from March 10, 2023, but has held the support level, after which it updated the previous high on the daily timeframe and bumped into the MA50 (12H). The price has been falling without corrections. Two scenarios are being considered - the formation of a new rising low (HL) and a rebound to the center of the range ($17), or a breakthrough of the support level, consolidation below it, and a move to the next support $11
#trading #BinanceTournament #analysis
Data from Cryptovizor
TREND 🔴🟢🟢🟢🔴 MA 🔴 RSI 🟡 29.05.2023
Volume 1D 24.39 M CD Week -9.25 M
Market Cap: $3.57B
The price of #Avalanche is currently at the lower boundary of its range. The RSI has touched the neutral zone on the daily timeframe. The price has updated the low from March 10, 2023, but has held the support level, after which it updated the previous high on the daily timeframe and bumped into the MA50 (12H). The price has been falling without corrections. Two scenarios are being considered - the formation of a new rising low (HL) and a rebound to the center of the range ($17), or a breakthrough of the support level, consolidation below it, and a move to the next support $11
#trading #BinanceTournament #analysis
Made by rgalyeon #RSR 1D
Cryptovizor data:
TREND 🟢🟢🟢🟢🔴 MA 🟡 RSI 🟡 29.05.2023
Volume: 1.74 M CD Week: -115.05 K
Expectations remain unchanged. The asset is in a wide range. A local range has formed at the level of the lower boundary. The price touched the MA50 (12H) from the bottom up. A "double bottom" is being drawn at the support level, RSI has grown and touched the neutral zone on the daily TF. The most likely scenario is a rebound to the nearest resistance. There is a void in the volumes above. The entry can be sought on the retest of the breakout (if it occurs) and the consolidation above the MA50 with minimal targets to the nearest resistance (~$0.0035).
#BinanceTournament #cryptotrading #trading #crypto2023
Cryptovizor data:
TREND 🟢🟢🟢🟢🔴 MA 🟡 RSI 🟡 29.05.2023
Volume: 1.74 M CD Week: -115.05 K
Expectations remain unchanged. The asset is in a wide range. A local range has formed at the level of the lower boundary. The price touched the MA50 (12H) from the bottom up. A "double bottom" is being drawn at the support level, RSI has grown and touched the neutral zone on the daily TF. The most likely scenario is a rebound to the nearest resistance. There is a void in the volumes above. The entry can be sought on the retest of the breakout (if it occurs) and the consolidation above the MA50 with minimal targets to the nearest resistance (~$0.0035).
#BinanceTournament #cryptotrading #trading #crypto2023
Made by jpigeon84 #CFX 1D
Cryptovizor data:
TREND 🟢🟢🟢🟢🟢 MA 🟢 RSI 🟢 28.05.2023
Volume 1D 46.32 M CD Week -1.06 M
Conflux (CFX) aims to provide a platform for decentralized applications. Currently, it's trending upward following a purchase wave on rising volumes. However, buyers should prevent updating the low and confidently cross the high to shift the downward trend.
Despite the buying pressure, a breakout seems unlikely without a downward movement for gathering strength. The upper range boundary needs a successful breakout for confirmation.
In recent news, Conflux partnered with OKExChain, launched a cross-chain asset protocol, and collaborated with Fliqpay for crypto payment solutions. These developments could potentially affect CFX's price and popularity. #crypto2023 #trading #analysis
Cryptovizor data:
TREND 🟢🟢🟢🟢🟢 MA 🟢 RSI 🟢 28.05.2023
Volume 1D 46.32 M CD Week -1.06 M
Conflux (CFX) aims to provide a platform for decentralized applications. Currently, it's trending upward following a purchase wave on rising volumes. However, buyers should prevent updating the low and confidently cross the high to shift the downward trend.
Despite the buying pressure, a breakout seems unlikely without a downward movement for gathering strength. The upper range boundary needs a successful breakout for confirmation.
In recent news, Conflux partnered with OKExChain, launched a cross-chain asset protocol, and collaborated with Fliqpay for crypto payment solutions. These developments could potentially affect CFX's price and popularity. #crypto2023 #trading #analysis
WAVES Analysis: A Downward Trend with Potential for Change
WAVES 12h
Data from Cryptovizor
TREND 🟢🔴🔴🔴🟢 MA 🟡 RSI 🟡 28.05.2023
Volume 1D 4.09 M CD Week -2.02 M
Market Cap: $2.8B #WAVES #cryptocurrency
Last week's analysis did not pan out as expected. The liquidity capture from above did not work (the low was not updated) and this gave reason to assume further sideways movement, but a sudden upward shot was not anticipated. As a result, we saw the first purchases with visible volume - the bar of unsuccessful ZL now acts as a support level.
Despite the first successful attempts of the buyer, the downward trend is in priority. The buyer managed to update the local high and to change the trend he should not let the low update + make a confident over-high, which in my opinion is less likely at the moment. The price formed another liquidity capture from above + quite confident upthrust. A significant volume passed through the highs. To confirm, the seller should go for a low update.
On the clusters, we see a predominance of sales. The cumulative delta is also for short. At the moment, the price after the impulse up quickly fell to the local support level, formed by the volume bar of the upward breakout in the MA50 area and we see a weak renewal of purchases. I don't think the buyer has enough strength for an over-high.
Conclusion: For me, the short scenario is in priority until the buyer confirms his intentions (decent volumes from below + no low update + over-high).
Latest news: Waves has recently partnered with Ontology to expand its DeFi capabilities. This partnership is expected to bring new opportunities for users and further development for both platforms. #DeFi #Blockchain
Remember, always do your own research before investing. #DYOR
Author: jpigeon84 #Analytics #trading
Data from Cryptovizor
TREND 🟢🔴🔴🔴🟢 MA 🟡 RSI 🟡 28.05.2023
Volume 1D 4.09 M CD Week -2.02 M
Market Cap: $2.8B #WAVES #cryptocurrency
Last week's analysis did not pan out as expected. The liquidity capture from above did not work (the low was not updated) and this gave reason to assume further sideways movement, but a sudden upward shot was not anticipated. As a result, we saw the first purchases with visible volume - the bar of unsuccessful ZL now acts as a support level.
Despite the first successful attempts of the buyer, the downward trend is in priority. The buyer managed to update the local high and to change the trend he should not let the low update + make a confident over-high, which in my opinion is less likely at the moment. The price formed another liquidity capture from above + quite confident upthrust. A significant volume passed through the highs. To confirm, the seller should go for a low update.
On the clusters, we see a predominance of sales. The cumulative delta is also for short. At the moment, the price after the impulse up quickly fell to the local support level, formed by the volume bar of the upward breakout in the MA50 area and we see a weak renewal of purchases. I don't think the buyer has enough strength for an over-high.
Conclusion: For me, the short scenario is in priority until the buyer confirms his intentions (decent volumes from below + no low update + over-high).
Latest news: Waves has recently partnered with Ontology to expand its DeFi capabilities. This partnership is expected to bring new opportunities for users and further development for both platforms. #DeFi #Blockchain
Remember, always do your own research before investing. #DYOR
Author: jpigeon84 #Analytics #trading
Made by deify_asylum #ICX 12H
Cryptovizor data: TREND 🔴🟢🔴🔴🔴 MA 🔴 RSI 🔴 27.05.2023
Volume 1D 1.12 M CD Week -600.85 K
ICON allows different blockchains to interact with one another. Resistance was tested above MA200, followed by a sideways movement. Divergences on the 4-hour chart suggest a potential bounce. Counter-trend long positions are being considered due to the strong support. However, the absence of recent significant news about ICON and market fluctuations should be factored in. #crypto2023 #trading #cryptotrading #analysis
Cryptovizor data: TREND 🔴🟢🔴🔴🔴 MA 🔴 RSI 🔴 27.05.2023
Volume 1D 1.12 M CD Week -600.85 K
ICON allows different blockchains to interact with one another. Resistance was tested above MA200, followed by a sideways movement. Divergences on the 4-hour chart suggest a potential bounce. Counter-trend long positions are being considered due to the strong support. However, the absence of recent significant news about ICON and market fluctuations should be factored in. #crypto2023 #trading #cryptotrading #analysis
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