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DAILY CRYPTO TECHNICAL OUTLOOK

BTC

Broke through the $22.6k resistance and found support there. Price rallied and we should see a little retracement before we continue. Target for BTC on the short term for me is $25k. I’m bullish on it.

ETH

Closed above resistance but failed to stay above it and has traded into the support zone once more. Looks to react on the short term support inside the major support zone before trading higher. I’ll be on the look out for entries should price give a good reaction.

 

BNB

Has broken below resistance, might get to the trendline before rejecting to go higher. I’ll be waiting to see the reactions but I’m definitely bullish on BNB.

 

SOLANA

Obviously in an uptrend and has tapped the trendline resistance after retracement. It looks poised to tade higer from here given a good reaction hence I’m bullish on it.

 

MATIC

Clear bullish price action on Matic, price broke above resistance and found support there also tapping the trendline resistance. Given that, I’ll be looking to enter longs as I expect price to trade higher.

 

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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