BNB – AAVE – ADA – The technical review

Review of three altcoins in this turbulent market. Analysis of the supports and resistances that are offered to the prices for the next few weeks.

BNB analysis – Medium term

This cryptocurrency remains bearish as long as prices remain below the Weekly Tenkan and below the bearish trendline. Main support to $262.

BNB Analysis – Short Term

Prices are blocked by the low of the daily cloud as well as the daily kijun. bullish signal given by break of this bearish trendline with the top as the first objective from the cloud at $292.

AAVE analysis – Medium term

Prices are trying to break the Weekly Tenkan. If this operation succeeds, then the next objective is located at $93.25. Main support to 70.40$.

ADA analysis – Medium term

The trend remains strongly bearish. The weekly Tenkan plays the role of resistance and will have to be broken to give an alert on the sustainability of this trend. The next objective and support is located at $0.28.

ADA Analysis – Short term

Again, the trend is down, however the ROI give a bullish divergence to watch. The prizes will give a first signal of reversal by breakout of the daily Tenkan at 0.40$.

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