Coinpedia-Market-Insight

Coinpedia-Market-Insight

After bitcoin breaks it's resistance near $34000 it rallied towards $36000. Now it bounces back to $34000 (support) forming a head and shoulder. If it breaks it's support with a strong red candle we expect a bearish move.

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XRP price is heading to test the 200-day MA and to do so a 11% jump is mandatory. Once the jump is successful, the next resistance levels to acquire would be around $1.07. In case of a bearish flip, the 50-day MA is acting as a strong support levels, and failing to sustain, the price may continue with the downtrend below the current levels.

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After a rally of almost 45% Kusama now forms a bullish flag pattern in 1H time frame. Breakout of the flag pattern with bullish candle can give a healthy move towards the above resistance.

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Bitcoin continues it's down trend with respecting the trend line as it's resistance and forming a major support near $30000.

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Lite coin in 4H time frame forms a Double bottom pattern with it's neckline near $140. If a bullish candle closes above the neckline we expect a healthy bullish move till it's above resistance.

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After breaking it's previous support ( now a resistance ) near 34.8700, solana forms a ascending triangle in 4H time frame. Breakout on the either side can give a healthy move.

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Theta fuel is still following its below trend line, after it fall from its ATH and again gets the support on same trend line.

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After breaking it's major support near 2100 ethereum is now consolidating between 2000 as its new resistance and 1700 as its support almost the range of $300

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File coin is forming a Rising wedge pattern in 1H time frame. If it breaks the pattern we can expect a bearish move till the support.

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Chainlink in 4H time frame is in downtrend forming lower highs and lower lows and it is bouncing from it's major support. it may move till the above trendline.

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XinFin Network forms an Descending triangle in 1H time frame with its resistance near 0.06465000 and respecting the above trendline. Breakout at either side can give healthy move.

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Binance coin in 1H time frame forms a Double bottom pattern, if it breaks its neckline near 341 it can move towards the above trendline.

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Bitcoin in 4H time frame breaks the descending triangle pattern and retesting the 37500 level. Will it pump after the retest ?

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Tezos in 1H time frame is consolidating within its major resistance and major support and forms a bullish flag on a trendline. If it breaks the bullish flag it can give a healthy move till the major resistance.

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The Graph in 4H time frame has a major support near 0.6100. And it is respecting the both below and above trend line. Breakout on either trendline can give a good move

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Chiliz in 1H time frame forms a Head and shoulder pattern . If it breaks its neckline near 0.32000 it can fall till the below trend line

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Algorand in 4H time frame forms a Ascending triangle with respecting the below trend line and has a major resistance near 1.1200. If it breaks its resistance it can give good bullish move till 1.2500

Coinpedia-Market-Insight

Litecoin in 4H time frame forms a symmetrical triangle. Breakout at either side can give a good move