The Dogecoin (DOGEBTC) chart looks just like it looked a month ago but stronger after a retest of the 15 satoshis low. It looks like this is it and from here on prices can start to grow. The consolidation/accumulation phase can be tricky as sometimes it can take just days before the bullish breakout takes place but can also take months or weeks... After...
We can now see Siacoin (SCBTC) challenging and trying to stay above EMA50, which is the bold magenta line on the chart standing at 14 satoshis (0.00000014). This is a very important level and staying above it can signal that the wait is over. Many Siacoin fans, investors, and traders have been waiting for the moment this one takes off... I can tell you that...
Ark has lots of potential... This is an old-timer, in some ways. We have a new low hit recently, marked here with a yellow "cup". After the initial bullish breakout, prices retraced to test EMA10/21 to see if it holds. Now that we see it holding, ARKBTC is resuming its growth. What will happen next is that EMA50 will be challenged like it happened just a few...
When you see these titles, please keep in mind that this isn't scripture nor something that must happen, it is just an "idea" that I am sharing here with you. STPT is preparing for a big jump... But it can also NOT happen... Prices are safely trading above EMA50, which means that the bears have lost full control... Or, that the bulls are now on top. With this...
I've been sharing a lot of trade ideas for Nexus (NXSBTC) because I felt strongly that its price was about to go up (keep growing)... And that's exactly what we got. You can see them here: www.tradingview.com On this current chart, we have the next target marked with a magenta dashed line. Resistance is likely to be faced at this level. But if no resistance is...
Binance Coin (BNBBTC) is normally used as 'safe-haven' for when Bitcoin prices move lower. Right we can see BNBBTC moving above EMA50 coming out of a low... Which opens the door for massive growth. We have to wait for the daily candle closure for confirmation because prices can drop and close below this level (0.0013275). But a close above is super bullish. The...
VIDTBTC is now in consolidation mode with a bullish bias. The bullish bias is based on recent higher lows and a bullish RSI. Also, its price recently closed above EMA10/21. The consolidation phase can continue for days or weeks before prices move higher. Above the consolidation box, we go GREEN. Below it, we go RED... Pretty simple. 😊 Namaste.
Many people are asking for Matic Network (MATICBTC) so here it is... We have a strong downtrend that started in August 2020 that is no more... It has been broken after the early January 2021 low. We have some clear bullish signals on this chart, a bullish cross of EMA10 and EMA50, increasing volume, and bullish indicators (RSI and MACD). MATICBTC won't stay...
Good things happening for the Altcoins/Cryptocurrency markets... Today, Horizen (ZENBTC) hit a new high compared to Nov. 2020 after a higher low. This is great news because it signals that many of the other altcoins will also move higher and hit new highs, which opens the door for even more growth. This is the same chart I drew on Jan. 10 but updated: The...
DCRBTC (Decred) has been staying above EMA300 for several days now and bullish momentum is building up... This is it, this might be the good one. There have been multiple attempts at higher prices with little success but now that EMA300 is a thing of the past, a level that has been challenged since early December finally breaks, we can see a strong impulse move...
We know that there is a balance between Bitcoin and the Altcoins. When Bitcoin is growing, the altcoins retrace/correct/consolidate or simply bleed. When the Altcoins are growing, Bitcoin tends to be going sideways while being strong. How does this picture reverse? How does the Altcoin affect Bitcoin when the total market capitalization is 900 Billion+. The...
We looked at ICXBTC (Icon), long-term/weekly below but we will have a closer look today. This one here is the daily chart and it is easy to appreciate how the trend is changing from bearish to bullish. As the falling wedge was completed, prices started to move up and break resistance after resistance in the form of EMAs. Right now, prices are trading above...
Let's look at the monthly chart for ETHUSD (Ethereum). Before we even start, let me make it clear and point out that we are looking at the monthly timeframe, so we need to wait for this candle to close for confirmation of anything that you will read below. A candle close above $1450 this month puts this analysis on PLAY (ON!). This month ETHUSD presents the...
ETHUSD (Ethereum) continues trading within an ascending channel and now the chart is looking better now than two days ago when I shared my last update. Prices are strong while above EMA10, EMA21, EMA50, EMA100, and all major EMAs. The MACD is clearly on the bullish side. The RSI is now sitting at 58.95. When we look at the daily timeframe, we can see that...
IDEX is now trading near All-Time Lows on the BTC pair (IDEXBTC). Coming out of the lows, there is plenty of room left available for growth. This is a quick chart mapping the Fib. levels (targets) for this altcoin pair. We have first the 0.618 level at 0.00000197 followed by 0.786 at 0.00000229. The main and first target is set at 0.00000270 or 1 Fib... We...
Venus (XVS) Overview What Is Venus (XVS)? Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC). The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed...
There is no strength on the retrace... We have very low volume... No follow up by the bears... Prices are still trading safely above $30,000 and also above the $27,734 low hit in early January. Ethereum is moving forward and we know these two have been linked for years. Unless Bitcoin starts dropping now, it is very likely to resume moving up. The longer it...
Tron (TRXBTC) has been in a bear market for the past 3 years... Amazing, in a bad way. But, is it over? Recently TRXBTC hit 72 satoshis as a new low, this is the same level that was hit as a high when this pair was introduced to Binance back in October 2017. This is not the best of signals... But this might be it. The RSI is ultra-low which at this point can be...