$SRM is a DeFi project running on the $SOL ecosystem. $SRM transactions costs are much less expensive than on Uniswap and the transactions speeds are also quicker. I think $SRM will at least 10X from it's current price before the end of this cycle and will steal much of Uniswap's market share in the coming months to years. We can see that $SRM has been in this...
$ETH looks like it could see some sideways consolidation on the lower time frames before another nice impulse up making a new ATH!
Here is my general thesis for $ETH. $ETH is nearing the end of a rising wedge formation. Statistically speaking, these formations have a higher chance of breaking down then breaking out. I suspect we'll see the market get one, maybe two more pumps, then I suspect we'll have an epic pullback to wash out all the leverage! In this chart, we can see $ETH getting...
If $BTC can hold support around $65,000, then I suspect we'll see a move back up toward the ATH around $68,000. If price loses support, then I'd be looking for a move down to support around $62,000.
$UFO is on the verge of going into a down trend on the daily. If support here is lost, then we will have a 'confirmed' down trend on the daily. Here we are looking at a couple buy zones in anticipation of a nice pullback within the market. I would start layering in buys around Buy Zone #1 and would buy more if price dropped down to Buy Zone #2. Looking like...
This will be one chart to be remembered. Buy now. Sell here.
Here was can see that every prior bull run has ended up with price spiking through the 2.618 Fibonacci extension. If we apply the same measurements to this 3rd cycle, we can see that price would peak around $350,000 - $675,000. Stay tuned here to see how we can capitalize on the latest gen cryptos that will definitely OUTPERFORM $BTC and $ETH! Let's get this crypto!
We can see $MOVR is printing an ascending triangle and is currently testing short term support. If support holds here, then I would be looking for a move back up to the resistance zone at the top of the ascending triangle. If price breaks out of the ascending triangle, then I would be looking for continuation to the 1.618 Fibonacci extension around...
Cloud data storage is a massive world-wide industry. Arweave is looking like the strongest decentralized solution to the centralized behemoths we currently see ruling the industry. Arweave allows you to store data for an indefinite length of time. I think we'll see huge things from Arweave in the coming years! We can see that Arweave had a very strong breakout...
$LUNA is a decentralized financial infrastructure and blockchain protocol that has it's own native token, stablecoin protocol, oracle system, and smart contracts capabilities! $LUNA, like $SOL, look like they could very well overtake #ETH in the near future. They are faster, more efficient, and more capable than good ol' $ETH1.0 (and potentially ETH2.0). We can...
PPT is in a daily down trend, but appears to be slowing in momentum. We can see one drive of bullish divergence on this daily chart. This bullish divergence will be confirmed with a daily close above $0.744. If bullish divergence is confirmed, then I would be looking for a move up to the next resistance zone around $0.85.
$BTC Open Interest appears to be peaking again. Here we look at price action immediately declining, which happened the last two times we saw Open Interest peak. Since the peak in Open Interest, we can see that price has already started declining and is currently holding support around $60,000. If support here is lost, I suspect price will come down to the next...
$ADA is nearing a decision point soon and whether your bullish or bearish, the setups look like great opportunities! Upside target is $2.62. Downside target is $1.75.
$HEX has been in a very strong downtrend after breaking down from the symmetrical triangle. However, price is now showing some signs of support along this key long-term price trend line. Additionally, we can see potential bullish divergence on RSI along with RSI showing signs of support along a RSI trend line. This looks like a great area for accumulation.
Will this key long-term trend line hold as support once again? If so, this would be one epic dip to buy! -Bullish Divergence on RSI -Long-term trend line support -Long-term RSI trend line support -Price looking like we could see some sideways consolidation
If $ETH does cannot close above the prior daily high, then it would be printing a lower high which would suggest some downside. We see strong lower time frame support at $3,250. Price action is looking bullish as long as 4H candles are closing above this support zone. If the bulls can close a daily above resistance at $3,615, then I would be looking for a...
$BTC recently blasted above the prior daily high around $48,000. From there, it shot through the $52,000 resistance zone and looks to be headed to the next resistance zone around $58,000. From here, after this current impulse ends, I will be patiently waiting for a pullback. Then, after the pullback, I will be on the lookout for long entries. In this chart, we...
$HEX just lost support and is looking like it will see further downside. Price action is looking OK, but if price drops below the next 'critical' support zone , $HEX could see some serious downside!