Crypto.com is under MA40 resistance and located in the Ichimoku cloud in the renko chart. Open a long position if the price breaks up MA40 and Ichimoku cloud. for this price should close above 0.55 In the daily timeframe.
Taking a look at our bitcoin dominance on a 4H timeframe we rebounded off the 39.40% level where everyone thought altseason was about to be on the rise, we have climbed all the way back up to the 40.28% level currently but i am looking for a drop and reversal sooner than later. We have downtrend resistance coming from the high around the middle of december, this...
in this chart we are just comparing the slope and possible potentials of what happen historically. 2017 we had 2 altseason and a pause in between early 2021 we had a kind of altseason for some coins and we are looking to complete one season and we already has a pause phase. as it seems the power of alts increasing I just reviewed the possibility of what...
XTZ - follow the trend. It seems that we are at the bottom trend line of the Rising Broadening Wedge. Though these are generally bearish patterns, XTZ may have the opportunity to reach the top part of the wedge next. To increase this chance, I noticed hidden bullish divergence on the 1D chart along with consistent market structure with higher lows. What are your...
Enjin is definitely a good project and a great performer but the daily RSI is really high. If it cooled down for a bit and had an RSI reset, it could push to the next leg up. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical...
ETH gas fees are ridiculous right now, and ADA is fundamentally bullish Very interested in longs from weekly mid-range, trend-line break and flips of the highs When it has partnerships with PwC and IBM Research, plus the Governments of Ethipia and Georgia it's hard not to be bullish!
50K has been breached, the rising wedge top trendline has been flipped Firms are looking to add BTC to their asset sheets to in the short term future Thus, the BTC.D looks like it should make a leg up As we do have a rising market cap though, I would not say ALTS will dump, I just think their growth will slow on the whole It is likely LTC ETH XRP DOT will be some...
Here is the second addition to my newest series of ideas, the altcoin forecast . This evening I am showing you a coin I have been following for a little while called Hive, I recently purchased this at around 0.22 and was in profit yesterday by over 70%. I am currently holding this Hive and am expecting a further pump to the 1.618 Fibonacci Retracement level. I...
4HR chart looks pretty clean now Clean takes of 20 and 50EMA's Huge liquidity grap during Asia again last night - like old times - allows it to move higher with more ease Clean takes of that 2.0 fib level and ETH will look to move higher - 2.618 the target at $2090! However if heavy resistance round that area, $1840-$1870 - this move will look like a very strong...
Fundamentally we have the 3rd release of Kybers network/protocol on the way - and the current DeFi app is very good as it is... it is a fully on-chain liquidity protocol for seamless token swaps Very bullish tweet from @KyberNetwork - Read this #DeFi research report by the Federal Reserve Bank of St. Louis @stlouisfed which includes an explanantion on smart...
When I made my post of the original setup I said how it is fundamentally a strong project with a well respected team behind it, but damn I didn't expect this. I can't lie I took all my profits at the 2.0, at $91 which I'm happy about as was still a big 40% profit. Maybe now in this environment if a coin is fundamentally really bullish, like 1inch was, we keep...
$DIA a decentralised information asset provides financial institutions with financial data It is also open source, data and oracle platform for DeFi Token also claims to be a governance token The FA sounds brilliant TA looks great too, close above $2.134 and it will be confirmed in the top range, where long term we can target $4.12 Not much else to say, bit of...
Not much to say here Successful claim of 0.666 and we should go to atleast a dollar Cmon algorand!
Another DeFi coin associated with 5-7% APY staking Specialising in transforming digital infrastructure and enterprise across the globe The fundamentals look good, and the chart looks good Within a big range, we have a pennant pattern which a break to the top could definitely see us reach the first target highlighted As always I will be waiting for confirmation,...
Posted a couple setups on the brilliant DeFi coin over the past week. Again a simple bull flag break and it popped Brilliant gains in short time - the power of proper DeFi and crypto I'd like to see it stay above 2.85, failing that 2.6, and create a new range/flag we can play some breakouts off of as it does seem that the only way this thing wants to go is...
The rocket ride has abruptly but predictably ended with a landing on the rocky moon of retracement. I had predicted the price drop and according to that prediction there is room for taking the rocket another level lower. I have marked -30% and -40% rock bottom targets. These would not surprise me, but spoil the fun of continue riding up on our Bitcoin Spaceship...
XRP is the gift that just keeps on giving! While others panic and sell, or attempt to hold through weeks of time hoping for better days after the SEC complaint, the technical traders like you and I have been profiting a lot from XRP. In this technical analysis I show yet another 18% gain set-up based on the horizontal resistance and support that XRP has been...
In this idea I will continue the last technical analysis on LTC, but take into considering the new information we just got with Bitcoin going to $40k. Again, he most important thing to consider now is where you would enter LTC. What I suggest is to do either of the following. In the bullish scenario I suggest you wait for the price to break out aggressively...