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DAILY CRYPTO TECHNICAL OUTLOOK

BTC

Rejected from the resistance zone and although it has come off support, it is giving some sort of bearish trend at the moment. If the trendline resistance holds up, I’ll be looking to short.

ETH

Currently trading at the support zone and also trending bearish, I’ll be looking to short if I find entries on lower time frames.

BNB

Surged through both the support zone and the trendline support because of news that the blockchain had some issues. I want to see the broken support act as resistance to send price lower, so I expect to have a retest of that zone before we short.

SOLANA

Did not get to the major resistance zone, price reversed after filling the imbalance and rejecting off a minor resistance zone. I’ll find entries to short as we’re trending bearish at the moment.

MATIC

Price is just consolidating at the resistance zone and there’s no much movement. I want to see a good reaction from price off that zone before deciding on a directional bias.

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