After Conflux broke the long-term downtrend line, it made a huge rise. Now, CFX is in a correction phase which seems to unfold in a triangular pattern. Let's see when CFX breaks this pattern.
PEPE is a meme coin launched on Ethereum that gained popularity and resulted in high-volume trades. If Pepe maintains this high-volume trade, future growth will happen; most probably. Currently, Pepe is in a downtrend move and has to wait for the price to break the downtrend line. Two possible scenarios are depicted on the chart. Let's see what happens. P.S. PEPE...
NEAR Protocol is a cloud computing layer-one blockchain platform that provides useful features. It seems a big harmonic pattern has ended as price broke the downtrend line. Still, there are two lines that price needs to break upward in order for the uptrend to be confirmed. First is the minor downtrend line and second, and more important, is the horizontal...
Jasmy, one of the most popular coins in Japan, has been progressing silently. First, breaking the downtrend pattern and then starting an upward move. Now, we have to see if Jasmy can break the horizontal resistance area in front of it.
Theta is another great project in the crypto market that has grown significantly. The impulse wave is followed by a corrective wave which seems finished at the 0.5 Fibonacci retracement. Now, Theta is trying to break the first downtrend line. Also, Fibonacci time analysis suggests the end of this corrective wave is near. let's see what happens.
Optimism is a layer-two blockchain on top of Ethereum which uses Optimistic Rollups to scale the Ethereum ecosystem. The project is new and there are not enough candles to draw the big picture. But anyway, it seems a triangle pattern with ABCDE waves is forming, so have to wait and see when the current corrective wave end and ride the 5th wave to the top. Let's...
Toncoin is a powerful decentralized layer-1 blockchain that previously belonged to the encrypted messaging platform Telegram then taken over by "The Open Network" foundation: TON- although as they claim. Also, the project is new but was able to maintain itself among the top 30 coins by market cap and having high trading volume. Anyway, TON price is currently in a...
If we look at the Rose behavioral patterns, it looks like a sinusoidal wave in which the amplitude is increasing logarithmically. So, doing simple math, when the next sinusoidal wave starts it has to go up about 2000% 😵 What do you think?
Kadena once became so popular that its price exploded upward. After that, not surprisingly, KDA entered a corrective wave, a long one. It seems the corrective wave have rested at 0.786 Fibonacci level and is consolidating in a rectangle shaped pattern. Also, an A-B-C pattern might unfold; if true and C=A, this means price sharp upward move could be experienced...
It seems Floki has started an uptrend wave weeks ago, when in January it broke the long triangular pattern and then pumped up. After that, Floki entered a correction wave which unfolded in a symmetrical triangle pattern; again. Moreover, recently price broke the corrective triangle pattern, thus another impulse wave is not far off. P.S. Be aware that Floki is a...
At first, it was called Bitcoin Cash ABC (BCHA), which was a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). Then rebranded to eCash (XEC). Maybe the eponym similarity to Bitcoin Cash is causing this token to become popular and thus rise upward. Let's see what happens.
Mina protocol is said to be the world’s lightest blockchain; its size remains only 22 KB! Regardless of how many transactions are performed on the network. Anyway, MINA chart is interesting-like its size-there are three lines closing toward each other that shows compression. We have to wait and see if this compression can result in an upward movement or not. Let's...
Besides Elon musk's games and ploys on Dogecoin, this coin has some room for growth; at least based on technical analysis. If we look at the chart there is a big and wide upward channel, and price is approaching the bottom of the channel. Also, Fibonacci time analysis shows the end of the current downtrend wave is almost near. Let's see what happens.
One usually refers to altcoins and mems flying high when talking about big profits and pumps. So, when the next alt season could happen? To answer this question, analysts usually examine ETH and the Crypto Total Market Cap (excluding BTC and ETH) charts to make a prediction. Moreover, I think it is worth analyzing the Dominance of altcoins (excluding BTC and ETH)...
Helium is a decentralized blockchain-powered network for Internet of Things (IoT) devices. If you look at the network coverage on their website you would be amazed at how far they have come; some regions are bright as the fourth of July. But still, there are so many regions left to cover and many works need to be done. Also, the latest delisting news of HNT may...
Could it happen? Like this! This is not an analysis. Its just a painting. I myself do not trade this. But if it happens, even something a little like this, even then it's not something to brag about. Since it is not clear in which direction BTC wants to go, I decided to share this painting with you. :)
So far, LUNC's movement behavior is analyzable by technical analysis and Elliot waves. That is, the corrective 2 and 4 waves both ended at 0.5 and 0.618 Fibonacci retracement; And the impulse wave 3 have been extended to 1.618. So, if the impulse wave 5 grow bigger than wave 3 it can extend past the 1.618 about 0.0041. Otherwise, it probably going to be smaller...
NAKA has been quietly making progress, updating, and expanding its project. Its price too; broke the downtrend line, starting an upward move, and now consolidating/resting below the horizontal resistance line. If this line breaks upward, continuation expected. Let's see what happens.