What a a fall? Axs has seen a real fall. Lesson: Never your you FOMO (fear of missing out) in cryptocurrency. Axs was at $160 not too long and it is now at $29. Share your thoughts, like , comment and follow. I am bullish long term.
APECOIN has ran out of the steroid that took it to the north by BULLS. This asset rallied up from around $11 and it is now back to about $11. Looking at the descending channel on my analysis, I feel APECOIN will drop to $11 once again and the circle will then complete. QUESTIONS: 1. Will $11 be the support level to prevent this asset from falling further? 2....
GMT may pull up a bit from here. This season is a bloody one, hence you have to trade with care. Share your opinion
It has been a crazy period for financial markets generally. Cryptocurrency has been affected badly and blood bath everywhere. Bitcoin is using $35K as resistance and we may ride further downward. MY THOUGHTS: 1. If the $35K continues to hold, we may ride down to the trendline from the $20K which is around $32K target. 2. We ride down, breakthrough the...
In October last year, Netflix's market capitalization was $310bn as of market close the past Friday; it's just over $99bn. Year to date, Netflix shares are down almost 65%. For context, if you bought $1,000 worth of Netflix shares at the start of 2022, those shares will be worth about $360 today. Netflix is the worst-performing S&P 500 stock to date. From the...
PANCAKE, where do we go from here? My view has been highlighted on my chart. Share your thought on this asset. KINDLY like, comment and follow.
Is this asset retracing or the bulls are strong enough to continue the ride to the north?
Apecoin has been on steroid since 18th of April. However, the momentum has been massive the past few hours. This asset is currently resting around FIB23.6 level as support zone. I do believe that this rally may not be sustainable for long. I am waiting to short this asset from my orange circle spot and I am looking forward to riding it down to where I feel the...
What do we expect from this popular token? What direction do we expect it to break from this triangle?
$75 - 77 has been holding as support zone for some days now. Traders are also worried about what direction AVAX will take from here. Although, this asset is trading along an upward TL, however, two things are possible. 1. Run up 2. Fall down and break the TL to continue the bearish movement. We need to be guided even if many traders believe that this asset is...
Overall, cryptocurrency has been CONSOLIDATING and this is a reflection of BTC as the leader of the market. AXS experienced some massive ride up before falling to the present level. Do big question is: what is going to happen from here? I AM BULLISH LONGTERM. Share your thoughts, comment, like and follow for more ideas.
BTC CONSOLIDATING in an upward trendline. Everyone is waiting to see exactly what will happen next. The questions are: 1. Is it the time to long or short BTC as traders? 2. Is the price a good buy for long term holders. Please share your thoughts, Kindly like, comment and follow.
ETC at $43 and happen to be FIB50. This is an important level. If we breakout from this resistance, we should expect a rally to $50 zone. What do we expect to happen next?
BTC is presently hovering around $42K. this current level is also about $500 away from FIB23.6 which is an important level. However, if the bears are strong enough to break through the support zone (FIB23.6), we may see BTC fall further to $40K once again. Cryptocurrency trading is volatile and anything is possible, the bove is my opinion from my Technical...
ZEC is at a a level around FIB23.8 zone which is also the support of the ascending channel. This is acting as an important support zone. We hope the Bull will be able to ride this asset up from here. However, the fall may continue if this support zone is broken. KINDLY like, comment, like and FOLLOW.
GMT is trading within a descending channel. Should we expect it to bounce from the current FIB32.8 or will it continue to fall down to FiB50 zone? Skindly share your opinion
This is my view on US30 with risk reward ratio of 3.5
Enj has been pushing higher. This asset may rally to $1.9 and buy TP1 and TP2 at $2 which is also FIB23.6 zone. This asset is currently trading withing a BROADENING WEDGE. Like, comment, share your thoughts and kindly follow.