BLZ has been due for a big news now and the price just bounced a little from a good support, hoping to increase from here. MACD validates the move and everything seems great, just EMA 20 needs to be crossed and we go!
Presently the EMA 20 has become a resistance line and the lower support channel has been dipping over time. it is trading pretty low from its ATH and may explode when the market turns bullish. Key support levels are marked in pink. Invest less however, the coin has potential to 4x or even 7x from here but market conditions are bearish.
MATIC Polygon has been one of the coins with high volatility and now that it is near two curical support lines, I expect it to dip a little further from here and bounce back very strong from here. If support is broken, entry is invalidated. I expect the support to hold strong. RSI is oversold here and might be a good sign to enter once MACD validated after a little dip.
ADX has an interesting history of weekend pumps, cureently it is at the high of the channel it is following for days and can be a possible breakout. If it fails however, it might fall to the trendline or the support before bouncing back strong.
The EMA 20 is a resistance line, I am expecting the support line .15 to hold strong and hence the trendlines too
The EMA 20 has become a resistance line, and there is no breakout yet. If it follows the channel, it should go upto 40-41k before falling to 31k