17.5~18 is still a major major resistance. HEAVY SUPPLY ZONE> Let the price cool down and come to 15. Then start accumulating If breaks the resistance zone till 18.2 & sustains then, Targets are 20, 20.5+
After the positive news of Pzifer signing an agreement with Aurobindo Pharma for its Covid-19, the stock markets clearly gave a positive reaction. A 2.70% (26points) gain in a sudden 30mins. ATH of 1016 is still intact. Looking at the price action, momentum still looks right and intact. Accumulation happening during the retracement of 0.618. *MACD showing us a...
We could sense some bulls joining the party at Altcoins, after BTC rallies its way towards 53k from 50k yesterday. After breaking its flat channel at 3.3 levels, shorts are covered according to OBV. Price taking support at VWAP levels indicates a good bullish momentum. Price retraced at 0.382 levels as on last price retracement and going further below furthers...
0.30, 0.33, 0.35 are huge supply zones for DOGECOIN/USD. Also, there was no major buying seen last week as compared to the week before (12-18th April). Current trend looks weak for DOGECOIN, it may re-test $0.15-$0.16 levels again. Or maybe there is no heavy weight buying due to the fact that smart money know there is a price correction to happen.
Technical Overview *XABCD Bullish pattern forming in Daily timeframe. *Price has sharply reversed from Point D today, a bullish Harami pattern has formed on the Daily candlestick timeframe. Volume Analysis *On Balance Volume(OBV) divergence shows bulls have already joined the party. *Buy on Dips. Follow proper risk management techniques. Target 1= 985+ (for...