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DAILY CRYPTO TECHNICAL OUTLOOK

BTC
Price has been ranging inside the major support zone at $16k and it’s not looking to give any breakout soon. The directional bias isn’t certain as well and so you shouldn’t be looking to trade.

ETH
Has been going back and forth on the $1250 zone. No clear breakout neither are there any trading opportunities for an intraday bias.

BNB
Trading in a range just above the major support at $260. You should be sitting on your hands in market conditions like this.

SOLANA
Is also ranging after the heavy dump. We’ll see how well it recovers after this because currently no zone in sight to hold up price.

MATIC
Is also not moving much. No clear directional bias to form a trade on

I’ll advice that in times like this, you should not be trying to trade. Until all of the major issues are resolved from the market, the direction is unclear and we might be moving back and forth.

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