GrimZert

GrimZert

LUNA (Terra) has just broken out of a bull flag. The target for this bull flag is $50. You can read the analysis on the chart! Good luck everyone and have fun trading!

GrimZert

Firstly, a huge congratulation to everyone who bought XTZ for $6. If you haven't bought yet, then I'd say wait for a correction to the next support level of $7-$8. I'd say this move is mainly driven by emotion and FOMO (no disrespect to Tezos, it's a great project) as it's still over-extended. I wrote all the analysis on the chart already so I won't be doing it...

GrimZert

Bitcoin has had a pump from 44k to 48k but there are things you need to watch about. I will talk about the bullish news so firstly, we could expect a breakout to the upside with the target at the psychological level of 50k. The bearish news I have first is the volume is decreasing. This could be absolutely normal since there's not much volume in the weekend but...

GrimZert

BTC just broke out the resistance line to 46k and the target is 47.2k but expect a pullback to retest the resistance line as support before we see the real push up! The double bottom at 45k also helped us break out to 46 as well. If we do break down the resistance line we just broke out then expect another retest at 44.6k. But do remember we are still in a DOWN...

GrimZert

BTC is following an upward trend but it has broken the first support and testing the second support. If it drops below 44000 then it may drop further. But keep in mind that this is still very bullish indeed and it could just be BTC cooling off. Another thing I noticed was the volume was low and there was a market manipulation when BTC went up the 48000 then...

GrimZert

Let's be realistic here, the market for ADA is quite extended right now so expect a pullback then a bounce off to the upside. This is looking very bullish especially with the smart contract on the side so expect to break the all-time high. The RSI is above 80 so look out for the prices to either stay stable or correct itself to around the $1.9 level. I still...