Chart Analysis

Chart Analysis section offers the most profitable TA/Ideas by expert technicians in our team.

Warning: This is not a financial advice!
The content is data driven by cryptocurrencies enthusiasts, traders, and technical analysts for entertainment purposes only.

ENS Price Chart Update
ENS

ENS Price Chart Update

#ENS broken the ascending Triangle to the downside, an aggressive entry ended up in a good profits.
If you missed the sells, wait for the price to retest back and take only with confirmations.
Alternatively, price is already on a support and a break below be also a good setup.

Bitcoin Price Chart Update
Bitcoin

Bitcoin Price Chart Update

#Bitcoin respecting the trading range.
Price bounced from the lower support level of the range.
Keep an eye on $22,300 level, a break below this will send the to $21,000-$21,300 support zone.

Bitcoin Price Chart Update
Bitcoin

Bitcoin Price Chart Update

#Bitcoin now started a consolidation range, which is confirmed.
Price is moving towards the upper range, which might go for a breakout.
Price is already floating above stront resistance and next major level around $24,450 – $24,880

Bitcoin Price Chart Update
Bitcoin

Bitcoin Price Chart Update

#Bitcoin is kinda ranging now, after the massive pump.
Price did break the hourly market structure, showing market might take a retracement now.
A range is also formed, in which a break below of $22,300, will push the price till support around $21,300.

Price Chart Update

Price Chart Update

Here is the analysis of #HOT:

The price is on the verge of breakout.
If price able to break above the upper trendline then we see a good upward move.
If price rejects from here then we see a retest of the support line.
This is no trade zone.

Bitcoin Price Chart Update
Bitcoin

Bitcoin Price Chart Update

#Bitcoin is forming an ascending broadening channel.
The price is on the path of the $24,500 resistance zone.
We might see a corrective move toward the $21,800 support level before the next move up.
The overall market looks good and we will see some good upward movement in altcoins.

Price Chart Update

Price Chart Update

Here is the analysis of #ENS:

#ENS flipped the resistance of $15 into support and now trading above it.
The next resistance is the $16.10-$16.80 zone a move is expected toward the resistance.
Use tight stop loss in all open positions.