Blog

DAILY CRYPTO TECHNICAL OUTLOOK

BTC

Looks set to break above the long term support zone. The short term resistance zone failed to hold and turned support as it sought for higher prices. We may have a retest of that zone again before we move upwards.

ETH

Broke through a key resistance level and is having a retest at the moment, which is an indication that we’re set to look for higher prices. If price gives a good reaction on the retest I’ll lookout for long entries.

BNB

Current support zone seems to be holding up really nicely. Another retest should deliver longs to the resistance zone at for short term.

SOLANA

Is retracing after finding support, price should move up to the resistance zone for an intraday bullish move continuation.

MATIC

Broke through resistance and is having a retest to find support at that zone. I’m looking to engage on an intraday bullish bias should I find entries.

Welcome to a new month everyone, do well to let us know your favorite crypto assets via the comment section below and we’ll have them analyzed for you.

I wish you all good luck and good trading.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Captcha Plus loading...