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DAILY CRYPTO TECHNICAL OUTLOOK

BTC

Is trading sideways at the moment as price is ranging inside the $21.5k zone, which is holding up really nicely and although market sentiment is bearish, I want to see price trade up into $22k and continue the downward move reaching out for $20.5k.

ETH

Seems to have found support at the $1650 zone and is now beginning to trend bullish at the moment, we should see some intraday long scalps into the resistance zone above.

BNB

No much movement here either, price trade up into a short term resistance zone and is now ranging there. Not the ideal market condition to search out trades. I’ll sit on my hands and wait for a breakout.

SOLANA

Is trending bearish at the moment which gave the framework for the intraday short that delivered yesterday. For today, I still fancy a short scalp to if I can find an entry on lower time frames.

MATIC

I’m seeking out intraday long scalps just into the resistance zone above as price is already looking to start a bullish trend.

 

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