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DAILY CRYPTO TECHNICAL OUTLOOK

BTC
Price rejected nicely from the resistance zone after the rally upwards, should price break the trendline support, I’d like to see a retest of the trendline for a retracement and fill the imbalance on the H4 before continuing the move downwards.

 

ETH
Traded through resistance but to failed to remain above it and is now trading currently below the zone. I’ll like to see a re-test of the zone before the move downwards. I’d be sticking with a short term intra day bias.

 

BNB
Is currently trading below the resistance zone after failing to remain above it. A short term bearish trend has formed. If price remains below the trendline I’ll be looking for a good price action to short. I’m wary of the support zone though. Should we break above the trendline, I’ll look for a retest before longs.

 

SOLANA
Rallied higher from the support zone, reached the resistance zone and is consolidating at the moment I expect a retracement from that zone.
I’ll be looking to short from that zone should the trendline resistance be broken.

 

MATIC
Price has reached up into a long term resistance zone. Price is has rejected multiple times from that zone. I expect some bearishness for a short term intraday bias.

Let us know your favorite crypto assets via the comment section and we’ll have them analyzed for you. I wish you all good luck and good trading.

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