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Technical Analysis: AAVUSD 12.08.2022

Despite price stagnation yesterday, buyers remain in control. AAVE has more than doubled, rising from 2022 pits in the past two months. As of August 12, the token is roughly up 130 percent from June 2022 lows and capped within a rising channel. Per the formation in the daily chart, there could be entries on every retracement within the wide-ranging bull bar of August 10 that anchors the current price action.

Technical Analysis: BTCUSD 12.08.2022

Bitcoin is solid, and prices are around H2 2022 highs, a net positive for traders. However, despite solid gains mid-this week, there has been no convincing follow-through to signal strength and possibly trend continuation. Instead, based on the development in the daily chart, there are hints of price rejection, resulting in the August 11 bar closing with a long upper wick. This suggests that yesterday's bears managed to unwind gains posted during the early Asian and European sessions.

Technical Analysis: UNIUSD 11.08.2022

Uniswap is currently up 180 percent from 2022 lows, inching higher as the crypto tide shifts to favor buyers. UNI is within a bullish breakout formation, adding 10 percent in the past 24 hours to confirm gains posted on July 27. From the daily chart, the odds of UNI further expanding and breaking higher above July 2022 highs remain high.

Technical Analysis: BTCUSD 11.08.2022

Bitcoin prices exploded on August 10, surging seven percent in the past trading day, bouncing from around a critical support level as per the formation in the daily chart. Currently, BTC is trading at new H2 2022 highs and may increase, building on yesterday's gains and aligning with the primary trend established at the tail end of July 2022. At spot rates, traders may look to load the dips, targeting immediate reaction points in the short and medium term.

Technical Analysis: DOTUSD 10.08.2022

Like the rest of the crypto market, Polkadot is relatively suppressed when writing. There are hints of weakness, and the coin is down six percent on the last trading day versus the resurgent USDT. Still, buyers appear to be in charge in short to medium term. Notably, the August 8 bar is bearish, reversing gains of August 8, a net bearish.

Technical Analysis: BTCUSD 10.08.2022

Bitcoin remains stuck in tight trade ranges when writing on August 10. From the daily chart, BTC prices pulled back from this week's high and are down four percent in the past 24 hours. Even though buyers have the upper hand and prices are trending inside conspicuous, high-volume bull bars, a clear close above July 2022 highs may see price rip higher, floating to mid Q2 trade range.

Technical Analysis: LTCUSD 09.08.2022

Litecoin prices are firm when writing, expanding with the rising tide. Although the coin is within a rising channel, there must be a clear breakout above $65 and July 2022 highs for trend definition. LTC is technically within a bear flag with price action anchored by the strong leg down of May and June 2022.

Technical Analysis: BTCUSD 09.08.2022

Bitcoin prices could add to their gains, as per the formation in the daily chart. The coin is steady on the last trading day, adding four percent week-to-date. After a brief consolidation in the second half of last week, spilling over the weekend, BTC rose on August 8. With prices strengthening, buyers will likely push the coin above $24k, re-invigorating optimistic traders aiming for $28k or better in the medium term.

Technical Analysis: XMRUSD 08.08.2022

Monero has been on an uptrend after bottoming in mid-June 2022. At the time of writing, XMR is up 68 percent from 2022 lows, and buyers have the upper hand. Even so, the stagnation of the past week is a concern for optimistic bulls. This is considering that prices failed to close above the May 2022 highs of around $215. Still, how prices react in the short to medium term depends on whether prices will print above $170 in the coming trading sessions.

Technical Analysis: BTCUSD 08.08.2022

Bitcoin is relatively firm when writing. After encouraging gains on August 5 and rejecting lower lows of August 4, there have been no confirmations of the uptrend. Therefore, while buyers are optimistic, price action doesn't indicate strength. The current uptrend will be valid if there is a sharp close back above $24k, ideally with expanding trading volumes.

Technical Analysis: EOSUSD 05.08.2022

EOS contracted on August 4, mirroring the general performance of the crypto market. Currently, EOS is up three percent on the last trading day and firm as per arrangement in the daily chart. The immediate support level lies at $1, and EOS is within a bullish breakout formation.

Technical Analysis: BTCUSD 05.08.2022

Bitcoin prices are wavy when writing, dropping four percent in the last trading week. As from the arrangement in the daily chart, the coin is steady above the $22.7k primary support and July 28 lows, recovering after losses of August 4.
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