$SYRUP has already flipped the lower horizontal resistance into support and is now approaching the upper resistance. A breakout above this level could open the door for another leg higher.
If $SYRUP flips the upper resistance into support, the setup turns even more bullish. Flip and fly.
$VIRTUAL is holding the rising trendline nicely and continues to maintain its bullish structure. $VIRTUAL is also consolidating just below the key horizontal resistance, showing that buyers are still trying to push higher.
A clean flip of this horizontal level into support could trigger the next leg up for $VIRTUAL . As long as the rising trendline holds, I’m expecting a strong move higher once the resistance is reclaimed.
This one was provided yesterday, and here we are. Straight pump while some of you are still in disbelief. 👀
Endless possibilities and opportunities in this market and that freedom is exactly what makes it so difficult to become successful. Understand the market before it gets too late.
AlphaCryptoSignal
·
--
Bullish
#TIA Update:
This could be a potential bounce area for $TIA . Price holding above the zone would be a good sign and could open the door for a move higher.
$ESP is holding inside this ascending channel after the recent pullback. If the lower boundary continues to hold, I’m expecting a bounce toward the upper boundary.
As long as $ESP stays inside the channel, the bullish structure remains intact.
$BABY has broken down from the ascending channel after failing to hold the lower boundary. The structure is turning bearish, with price now trading below the key moving averages.
As long as $BABY stays below the channel, the bearish setup remains intact. Bearish.
$ENA is consolidating inside a symmetrical triangle, with price compressing toward the apex. A breakout from this structure could trigger the next strong move higher on $ENA .
I’ll be looking for a confirmed breakout before entering. Long on breakout.
Technical analysis don't work then can you give an explanation to this one?
AlphaCryptoSignal
·
--
Bullish
#AR Update:
$AR has attempted to break above the resistance trendline multiple times, but failed. Volume is also quite low.
A confirmed 4H candle close above the trendline, backed by significant volume, could be the confirmation we need for a move higher. Until then, patience.
$OPN looks like it has bottomed out on the daily timeframe and is now forming a rounding bottom pattern. The price is slowly building higher lows while holding above the curved support.
A breakout above the neckline around $0.070 could confirm the reversal and open the door for a move higher. Keeping an eye on $OPN for the breakout.
$KAVA is approaching a key horizontal resistance zone. A clean flip of this level into support could confirm the breakout and open the door for a strong move higher.
For now, I’m watching this resistance closely. If $KAVA manages to reclaim and hold it, the next leg up could be underway.
$NEAR has broken out of the falling wedge and is now holding above the breakout level. The structure looks bullish as long as $NEAR continues to hold here.
A successful hold could lead to further upside as the breakout gains momentum.
$AR has attempted to break above the resistance trendline multiple times, but failed. Volume is also quite low.
A confirmed 4H candle close above the trendline, backed by significant volume, could be the confirmation we need for a move higher. Until then, patience.
$APE looks bearish with consistent lower highs and lower lows inside this descending channel. As long as $APE remains trapped below the channel’s upper boundary, the bearish structure remains intact and another move towards the lower boundary could follow.
$EGLD is showing a brutal W-reversal pattern on the daily timeframe. $EGLD has reclaimed the neckline with strong momentum and volume, confirming a bullish shift in structure.
I would wait for another retest of the neckline before entering a long. If $EGLD holds this level as support, the setup looks ready for another leg higher.
$DRIFT is moving within a well-defined ascending channel, and the price is currently holding near the lower boundary. A move toward the upper boundary of this channel looks likely once $BTC gains some momentum.
If $BTC starts pushing higher, it could follow and make its way toward the top of the channel.
The symmetrical triangle breakout we flagged on $ZBT finally played out.
It took a bit of time, but once the breakout confirmed, $ZBT pumped a solid +8.87% just as expected.
Congratulations to everyone who followed the setup.
AlphaCryptoSignal
·
--
Bullish
Thoughts on #ZBT
$ZBT is breaking out of a symmetrical triangle with bullish momentum. The breakout puts the bulls in control and could open the door for a continuation higher.
A clean hold above the triangle breakout would strengthen the setup. Looks bullish on $ZBT .
$SUI is still holding the horizontal support zone nicely, with price showing a solid reaction after the recent pullback. The zone has been defended multiple times, keeping the bullish structure intact for now.
If $SUI continues to hold this area, I’d expect another bounce toward the recent highs.
$LINK is finally breaking out of the descending triangle after repeatedly defending the horizontal support zone. The breakout is pushing price above the descending trendline, signaling that the sellers are losing control.
A clean hold above the breakout level should confirm the move and open the door for a stronger leg higher on $LINK . Bullish, long on breakout/retest.