Crypto Technical Analysis #2 - 25.04.2019

in #bitcoin2 years ago


Hey guys, welcome back!

Today we can see that couple of altcoins are in key areas - let's look closer at two of them...

Binance Coin (BNB)

So far price failed to stay above R/S level at 418k

If next daily candle will close above that level, we can expect price will follow to around 500k. If not - we will get chance to catch BNB near trendline and next weekly support around 360-370k. BNB's down line of uptrend channel was respected by price in the past, but hey - it's crypto, anything can happend, so if it won't bounce back, then next bigger support is in 280-250k area...


Friendly reminder: Litecoin will have halving around 6th of August. You can check how many days left at

At the moment litecoin price forming falling wedge near important trendline. Good buy level will be 69-70$. If Bitcoin will fall more then all altcoins should follow, so we could get a chance to buy dip ;-) Important horizontal support is around 60-62$.


Falling wedge is a reversal trend formation with around 70% accuracy, confluence with trendline and horizontal support, give more chances to reversal price.