Cryptotrading
UNI-USDT(Ascending Triangle Breakoout)1. With TVL in the DEX protocols standing at $16 Bn, Uniswap stands in the third position with $4 Bn locked in its protocol.
2. UNI has been trading above its 20 and 50 DEMA. It is not able to sustain above $35. Closing above $35 on Daily Time Frame may trigger fresh buying to the upside to the levels of $39 followed by $45 .
3. The support to the lower side is present at $32.5 .
MANA-USDT(Symmetrical Triangle Breakout)Decentraland is a virtual reality platform built on top of the Ethereum blockchain allowing users to create, experience, and monetize content and applications. MANA is an ERC-20 token that fuels all the transactions of the game.
On 2 Hr Time Frame, MANA has been trading in a Symmetrical Triangle and is currently positioned near the upper trendline.
Key Levels to watch out for:-
MANA if manages to give a close above $1 is likely to move to new highs. Thus, it can fetch the targets of $1.15 and $1.3 respectively.
The support to the lower side is present at $0.9 .
BTC/USDTBTC/USDT (4hr TF), again another Symmetric Triangle formation.If the candle closes above 59.6k then we are ready to enter another leg to the upside, meaning BULLISH again but if it closes below 56k-55k then chances to see Lower lvls increases and again the choppy movement will start. So, let's wait and see how it turns out.
For educational purposes only (DYOR).
BINANCE:BTCUSDT
TRX/USDTTRX/USDT, chart looks promising as it has formed a Weekly Inverse Head and Shoulders pattern which may take the price to fresh new lvls providing insane gains. Right now it is retesting previous highs and is on the verge of breakout from yearly resistance zone which has been reversing the prices back to the lower lvls. Since, it is Weekly TimeFrame it may take some time for the expected move but I am sure it will skyrocket in this BULL CYCLE. (Upside lvls in *green* and Downside lvls in *red*)
DISCLAIMER :- I am not a Financial Advisor, this chart is for educational purposes only (DYOR).
BITTREX:TRXUSDT