Earlier Weekly Time Frame Analysis: Fundamentals: PIVX was announced on November 25, 2015. PIVX is short for Private Instant Verified Transaction Cryptocurrency and is a privacy-centric proof-of-stake cryptocurrency that was forked from DASH. It focuses on community governance and decentralization. PIVX is building a digital means of exchange with the main...
we have capitalized on two Stages... we initially Bought Coins at this Stage: we Added 100% more at this Stage and sold 25% at the 3 TP: Fundamentals: Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers...
there exist Bearish Divergence with MACD which is the sign of bullish trend reversal and start of a bearish wave we can estimate the retracement TP to the lower levels of Fibonacci Retracement Golden Zone
as we can see the price has fallen to the trend line and has some good chances of getting bounced from the Retracement and support zones targets are the same as the past analysis
Fundamentals: SKALE is described as an elastic network that’s designed to bring scalability to Ethereum. As well as boosting transaction capacity, the decentralized project aims to reduce latency and ensure that payments can be made as cheaply as possible. The project’s website says it wants to enable people to build and run DApps in a “decentralized modular...
Fundamentals: Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms. Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018. The protocol’s native token, REN, functions as a bond for those...
Fundamentals: Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a...
Verge (XVG) is a decentralized open-source cryptocurrency which offers various levels of private transactions. It does this by obfuscating the IP addresses of users with Tor and by leveraging stealth transactions making it difficult to determine the geolocation of its users. Verge Currency has a maximum supply capped at 16,5 billion XVG. It uses the Proof of Work...
as we can see NPXS has almost done its retracement and now getting ready for an other rally cycle, we have specified total of 3 TPs, the 1TP is the one we can easily target after the current retracement is over the the bull run cycle starts 2 TP is the Trigger for the 3 TP so if we get to the 2 TP directly after the 1 TP cycle, we can be very optimistic about the...
as we can see the price has retested its ATH and it was trending in an ascending wedge, where at the Squeeze Section we are observing Bearish Divergence with MACD, which is the sign of trend reversal and probably some retracement of the same bullish trend. this divergence can act as Hidden Bullish Divergence if the Price break it current Resistance zone in Red...
in this analysis we are focusing on a very long term position which can be kept opened for a year and half or more, we have a simple descending channel and a Fibonacci projection which is having confluences between the parallels leg and lower bound of the channel we have specified the 1 TP as the ATL and it can be achieved probably by mid or end of 2021 and the...
we have predicted the downfall and the TP are specified by Fibonacci what do you think? Red or Green?
as we can see the pair has spiked from the accumulation zone so we can be very much positive about its bullish wave the easiest way to predict a TP is to use Fibonacci projection 127%
A pure Price Action analysis on this instrument
as we can see we have few resistance areas and a heavy zone before reaching our Fibonacci projection parallel leg levels and we have specified it as our TP areas if the price continue its rally in the specified Chanel the Arrows so does the date for our TP occur ON time as we have specified them by Fibonacci time Zones i believe this commodity is under valued so...
here we have 2 scenarios Price Action Analysis call it a Long and Divergence Strategy is giving Short Signal what do you think? Red or Green?
as we can see we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time now it can be the time for some correction and retraces we have analyzed the daily Timeframe and used Price Action Strategy to find the...
as we can see BAT had broken trough the its monthly resistance zone and had rechecked it back and now it can be counted as it current support we have some good chance of longing it up to the Parallel leg level of Fibonacci Projection and on its MACD we could spot some Mild Hidden Divergence please comment your opinions