Market wide correction is over! I expect a bit of sideways action of Bitcoin for the next few days and possible one more wick to the downside before blasting of to 70K+. I'm shopping altcoins and bagged up with: LOW cap: Benqi (QI): 2 to 10x potential (defi on AVAX) Ultra (UOS): 2 to 10x potential (metaverse / gaming) MID cap: Quant (QNT): 2 to 8x potential...
Ethereum is still finishing its last lag of its ABC move to the downside with a C move incoming that might hurt some leveraged traders out there. With futures expiring this Friday it would make sense for ETH to trade lower than its current price levels. My(!) max pain price based on info I have would be around 3850. So I expect ETH to be around that price point on...
Quant Network has had very bad months, since the beginning of september it has been dumping. Surprisingly so because it is the most fundamental solid projects in crypto for interoperability. This might also been the reason for the dump because whale addresses have been stacking QNT while the price was dumping. Quant has over 400 institutional clients, most of them...
a further dive into low cap gem Benqi, a defi platform running on Avalanche (which is a very trendy coin right now and thus infrastructure coins on AVAX will follow) with a market cap of just 180 million usd. As we can see from the price action it has been in an accumulation phase since late August and consolidated beautifully in the lower order block. (brown) It...
I've been looking for some low cap altcoin opportunities and found one with Benqi, the liquidity / lending platform running on Avalanche just launched on Binance. The launch saw some overextended prices and its been in a downtrend ever since. Not anymore, we just broke resistance and set for a 83% pump with potentially a 143% in just the coming week. Why? -...
Next alt on the breakout list: Quant. It is my biggest holding at the moment because of its fundamentals; this is a coin for the future and could be life changing gains because of its work with institutions, banks and governments to connect “legacy systems” (databases), private and public blockchains. QNT will be leading technology for institutional adoption in...
Bitcoin made its move and yes I shouldve sticked with my original analysis of the TOTAL2 cup and handle; which did work out like predicted. The last dump did throw me off a bit but its not a big deal, we did not miss out. We just missed out on BTC and a bit on ETH. XTZ (and most alts) are yet to move and XTZ will break its ATH soon and has a breakout target of...
The trickiest zone of any bull market, the next 6 weeks will be crucial. Will it be the green or red scenario? You tell me, I honestly do not know but I will know soon. The chart never lies... There are strong cases for both scenarios, so what will it be peeps, green or red? IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
QUICK UPDATE: Bitcoin is continuing the bearish trend of the last weeks and has completed and retested previous support (red box) of its bear pennant. The technical target of the breakdown is around 38,500 usd. It's not what we like to see but its a realistic scenario, however; always remember: nothing is for certain. IMPORTANT: this is not financial advice,...
An important update for the cryptomarkets! I have been wrong on my previous analysis if the crypto markets were bearish or not. As you can read in that analysis; there was no news and no reason for bearish momentum. Unfortunately this has changed... Evergrande & Fed tapering With China Evergrande fiasco we now have another bearish trigger for the worldwide...
Rumours appear and seem to be confirmed by on chain data that SOL has stopped transactions or creating new blocks on her blockchain. Given the centralized structure of the Solana blockchain that runs mainly from datacenters (the biggest 6 forming the majority of the network) we might(!) be in for negative price action. Do not take my word as a fact! I am just...
A follow up on my previous analyses on Quant (QNT) which became one of my favorite projects in crypto because of the importance of interoperability, its token economics and its team / network. I made a full analysis on August 6th explaining why I am mega bullish on this coin (link below) and now just over a month later we more than doubled in USD and ETH and about...
Decision time for Ethereum and the total crypto market; will we be ranging higher or will we be ranging lower? On Sept 24 we have quite a few options that expire which are most painful below 3700 - however no need for big dumps on that regard. Lets see where she goes! IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Lets keep it simple. My target for LINK is the 60$ zone before the end of the year. Why? Well what about you tell me in the comments why I have this target? Lets have a conversation and maybe learn something from each other! Next to that, I am about to hit 1K followers for which I am grateful! I never expected to get here... I started day trading at the beginning...
After a nice and long summer holiday I'm back for you all to help you out here and there to understand what is going on in the crypto markets. We have seen 7 consecutive green weeks and thus its time for a correction. Should you panic!? No. Market maker vs. leverage and stop losses The total crypto market (altcoin market displayed above) is looking very bullish...
After more than 100 days of mostly bearish posts; I have finally turned bullish since the last 2 weeks! I have been wondering to put this out here already or keeping it for myself for little longer but you know, I'm a nice guy - sharing is caring! Now I am not a moonboy but a rather realistic investor and trader that doesn't like to lose money (I sold BTC at 64K )...
QNT UPDATE: after a period of bullish consolidation around the highs and solid support in the 150 usd zone, Quant is ready to take off and take out the 200 dollar zone. I am super bullish on this coin, you can read why in my full analysis below, massive fundamentals and partnerships paired with insane token economics! At the moment we see a new impulse creating an...
ETH UPDATE: we've seen a bullish consolidation around the highs with bearish divergences resulting in some sideways action for Ethereum over the past week. Where are we and what is next? Well, I keep it short and simple. Institutions are buying ETH like there's no tomorrow. Supplies on exchanges is draining and bullish fundamentals are still stacking up. Be not...