It is very interesting because it always creates a dichotomy, those who belief and those who don't; what happens if Ethereum is classified as a security? What will happen to all those tokens, all those projects, all the innovation, all the sell orders, all the trading, all the fun? How will the market be affected? The truth is that Ethereum does not need to be...
Bluezelle (BLZUSD) hit bottom 10-June, together with the majority of the Altcoins. A higher low happened early August, same as with the rest of the market, and now the pair is moving forward with massive strength. This is the pattern that we shared with you using Status Network (SNTUSDT), with this pair being more advanced. This is what is coming to all the...
This is something already of the past but still good for learning. Good evening my fellow Cryptocurrency trader, how are you feeling today? Please allow me a few minutes of your time to entertain you. You know, each time, each phase, each period, on each cycle... there are always many signals that we can use to our favor, in whatever way we need. These signals...
Solana produced a multi-year high late December 2023. It proceeded to move sideways within a lower high for more than two months and then forged ahead. Solana hit yesterday its highest level since December 2021. This works in favor of the bears. This is just a friendly update/reminder to my readers/followers. While Solana hit a new high, this is always...
Good day my fellow Cryptocurrency trader, if you are reading this today you are surely working toward success. The strong bullish breakout we see here on the ONTBTC pair confirms what is coming to the ALTSBTC (Altcoins vs Bitcoin) session of the market. This session has been weak for years... In some cases, many pairs have not seen a long-term higher high in 5,...
Bitcoin gave the signal. ➖ On the 28th of February Bitcoin's chart alerted us of the incoming top. ➖ On the 5th of March Bitcoin hit a new All-Time High and produced a major rejection and bearish signal. The correction is coming! It isn't here yet and that's great. Bitcoin is not crashing and this is great and necessary. It is necessary so that the Altcoins...
Here we have a full break of a long descending channel, this being the end of a downward bent consolidation phase. ➖ What follows here is strong growth long-term. 👉 What is easy is a 145% bullish jump. 👉 Additional growth is possible — ONTBTC can grow by 235% or much higher short-term. The chart shows a strong volume breakout; A strong RSI; trading above long...
This is something learned through experience, based on reading tens of thousands of charts over the years... It is not written in any book and it is specific to the Altcoins, the Cryptocurrency market... And 100% original by the way. When a trading pair moves above EMA100, we consider it as going bullish long-term. The doors for long-term bullish potential are...
Good day my fellow Cryptocurrency trader, let's get back to the charts. My main interest are the ALTSBTC pairs, if these grow the USDT pairs will also grow so there's your answer. If the ALTSUSDT pairs grow the ALTSBTC doesn't necessarily follow but it do works in reverse. So seeing this many ALTSBTC bullish means these projects are bullish in general. ➖ Just...
Automata can surely produce a small retrace anytime and even a correction at some point, but the bullish wave isn't over. This week ATAUSDT went full green with the previous four weeks being green as well. We have straight up growth since early February 2024. We are talking about two months of higher and higher prices. ➖ The left side of the chart is the...
From December 2020 through May 2021 Ontology Gas (ONGUSDT) grew by a massive ~2,150% or 21X. The Cryptocurrency market moves within a four year cycle based mainly on the Bitcoin halving. The previous ONG bull-market happened in 2021 around 2.5 years ago. Taking into consideration the four years cycle, we should see a new bull-market take place within 1.5 years....
In September Galxe produced the highest buy volume since January 2023, revealing whale action. ✔️ Whales tend to prepare in anticipation of a major event. ✔️ Whales started to load up on this pair in late August through mid-September. ➖ We can see a break and retest of the orange downtrend line. ➖ The 4-Oct session ended in a dragonfly doji with continued higher...
NEOUSDT is already above EMA200 and EMA100 on the weekly timeframe. Only MA200 ($21.5) remains as final resistance. Even with this last barrier in place, NEOUSDT already went through a "bottom pattern" and has been growing since December 2022 —a year and two months. 👉 Mid-term we are aiming for $44.444 and $92... Higher long-term for sure. Back in 2020-2021,...
This chart is revealing something... There is a signal that is interesting to us, it came in 8-March. To us this is a clear reversal signal. This session/day ended as a Doji before reaching 0.618 Fib. retracement and now we see full green. After the initial bullish move, after the "reversal," we get a price peak. These moves tend to be corrected by 50-62%. When...
Some people are talking about a "7 year cycle". These are people that joined the Cryptocurrency market as bears after November 2021. They experienced and profited from the bear market and so they want it to continue. They cannot look at and accept past history because it doesn't fit their view and thus they rather say that the market will continue dropping for...
This is a friendly, and hopefully timely, reminder to all my readers, followers and supporters — Bitcoin Cash is about to crash. Well, not crash but we are going to see a drop and this is likely headed toward MA200... Please join me while I read this chart. What do we have here? We are looking at the daily timeframe. Based on candlestick reading we can spot...
The steeper the drop, the stronger the recovery when it happens. We can see Braintrust (BTRSTUSD) producing a very steep drop, sharp decline, falling fast... Awesome, this is obviously a great opportunity. We had a bad trade in May. Close at the stop-loss. ✔️ Now buy back in more than 50% lower... Some we win, some we lose... But you only lose when you quit or...
Fantom grew around 300% from Nov. '22 through Feb. '23 and it started a very long, drawn-out correction. While this can be boring and surely maddening, it is still technically bullish as it trades at higher lows compared to the November 2022 bottom support (grey on this chart). The MA200 line curving down, pulls prices up. We can expect a recovery soon... Within...