Core DAO (COREUSDT) declined after a remarkable +735.93% rise buy found Support on the 1D MA50 (blue trend-line). Yesterday posted its 2nd strongest green 1D candle in history and when the 1D RSI breaks above its MA trend-line, we expect the new Bullish Leg to be confirmed. Our Target is $10.00, which represents another +735.93% rise from the...
Bitcoin (BTCUSD) made a sharp decline on Saturday and is now in the process of recovering. The 1W candle wick dived as low as the low of almost 30 days back (March 20), extending the 1-month consolidation since March 13 High. This is of course directly related to the fundamental aspect of BTC's Halving, which is due at the end of the week and historically exerts...
Ondo Finance (ONDOUSD) has been on a Channel Up pattern since its first trading days, supported by the 1D MA50 (blue trend-line). Its last Higher Lows was priced on that exact level, so did the one before (March 19). The last Higher High was been -11% shorter than the previous, so assuming this is a progressive pattern, we expect a new Higher High at 1.5000 (+...
Bitcoin's price movement appears to have completed its second leg up, and the current pattern suggests a high likelihood of a correction phase. With this potential pullback, BTC prices could retrace to test the previous support zone. Traders should monitor these levels closely, as they could offer critical insights into Bitcoin's near-term directional bias.
I think Eth is now targetting around $3.000 Then it will target above $5.000 * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
BTC and other cryptocurrencies are in extreme bearish condition, last time this happened in may 2021, then BTC crashed from 65k to 28k in just couple of months. So be prepared for extreme bears for all crypto market.
Technical Analysis and Outlook: This week's trading session Bitcoin completed the forthcoming Inner Coin Rally 72500, and as expected, the coin retraced to our designated Mean Sup 65600. Bitcoin is in the process of rebounding back to the 72500 scene of crime. On the downside, the market potential decline may occur, resulting in Bitcoin falling to Key Sup 61300...
There are two scenarios. 1- Bull pennant 2- Bull flag Write in the comments which one do you think? - If it is a bull flag, there is a possibility to drop to $2800. In a different analysis I shared yesterday, I gave the target of $2800. Please check it. - If it is a bull pennant. Yesterday we had a bear trap and now retesting the breakout. In both scenarios, I...
We follow FOXY to see if it's able to show soon a break trend. This coin can show an effect of other coins that did increase before (meme coins) This is exactly what we are going to follow in the coming time. it can take time before this coin can make some new gains if it's able to get confirmed. This is not trading advice, remember that meme coins can rewarded...
In continuation of the previous post, which marked an upward wave, it is currently moving in an upward channel, and currently the range of the resistance zone is $75, which is also located in the midline of the channel. 🔰 With the failure of this zone, it will have the ability to grow up to the previous range and the ceiling of the channel as well as the...
Bitcoin may be neutral on its 1D technical outlook (RSI = 46.271, MACD = 810.300, ADX = 25.259) but it just broke under the 1D MA50 for the first time in more than 2 months (February 6th last contact). In the meantime, it crossed under the HL trendline of the Ascending Triangle, so we have a full-scale technical bearish breakout. The RSI pattern looks very much...
Back in November (Nov 21 2023) we made a case of why Kaspa (KASUSD) could be imitating Bitcoin's and Ethereum's trend and came up with a logarithmic curve for its growth: As you can see, in 5 months since then, it has respected this trend-line to perfection. Zooming in on the 1D time-frame, we can see that a shorter term Channel Up pattern is involved. Every...
◳◱ On the $GAL/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 4.989 | 5.538 | 6.526 and support near 4.001 | 3.562 | 2.574. Entering trades at 4.876 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Galxe ▣ Rank: 183 ▣ Exchanges: Binance, Kucoin,...
◳◱ On the $BNB/ CRYPTOCAP:BTC chart, the Super Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.008778 | 0.009141 | 0.009767 and support near 0.008152 | 0.007889 | 0.007263. Entering trades at 0.008612 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name:...
◳◱ On the $MAGIC/ CRYPTOCAP:BTC chart, the Bband Breakout Super-Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00001628 | 0.0000179 | 0.00002071 and support near 0.00001347 | 0.00001228 | 0.00000947. Entering trades at 0.00001586 could be strategic, aiming for the next resistance...
Bitcoin (BTCUSD) is approaching the top (Higher Highs trend-line) of the Cyclical Megaphone pattern and the current consolidation comes as a natural consequence of the Resistance pressure in close proximity. Technically, BTC has formed almost the exact same pattern during the previous 2 Cycles. The Megaphone starts when BTC breaks and re-tests the orange Mayer...
JasmyCoin (JASMYUSD) is picking up the pace again after 6 weeks of consolidation. The long-term pattern that is emerging is a Cup (potentially we may see a Handle at the top) and this sideways trading the new accumulation before the next Bullish Leg. Technically it should continue filling up the Fibonacci levels as gaps, with the next being the 0.618 Fib (0.055)...
The MPCUSDT, Partisia Blockchain's token, eventually formed the Cup and Handle (C&H) pattern on the 4H time-frame that we described on our last analysis and today hit the 4H MA50 (blue trend-line) again for the first time in almost a week. Notice how the 4H MA100 (green trend-line) has been supporting the Handle ever since it emerged. This created MPC's first 4H...