Binance being one of the crypto exchanges and BNB offering some real life value, I see BNB reaching $100 within a year. For now, I'm holding USDT and waiting for a good entry on BNB for a short pull upwards. A break above the dotted trend line should result in a spike to $13.38. It is still very likely that it will continue to follow the trend line and use it as a...
A head and shoulders pattern can be seen on the 4hr chart and which is a common indicator for bullish pattern turning bearish. I don't want to jump to conclusions by saying the market may be falling, but this is just another sign that it may that makes me more confident in that belief.
I will be holding USDT for now until I see smaller intra-day trades and try to...
It is likely that ZRX will touch the dotted trendline and continue lower, but if we do happen to see a break above that trend line, then we will likely reach the levels of $1.67.
If the price surges through that $1.67 level and uses it as a support level, then $1.75 will be the next stop. Let's see how this plays out.
ETH, among other cryptos, have been experiencing a healthy incline compared to the first time around. For that reason, I'm still bullish on ETH and believe that it will overtake Bitcoin in the #1 spot eventually. My position at the moment is holding USDT because ETH broke the current trend-line (dotted line) and is experiencing a correction. The $600 level shows...
I try to keep my charts simple, but with all the volatility going on right now, I wanted to draw out a few outcomes for ZRX.
Thick black lines indicate future possibilities for support and resistance. Not extremely important for intra-day trades, but still good to know where those major points are at.
A break above the green trend line will indicate a likely...
After zooming out and looking at the chart as a whole, I wouldn't be surprised to see ADA move lower and find consolidation around $0.28. Anything is possible. On the other hand, a candle closing above the dotted trend line should indicate a break to the next line of resistance. For day traders, I wouldn't be too optimistic with how high it will go, so to be...
XRP is one of my favorite cryptos because of the massive amount of partnerships they have with centralized banks. I have high hopes in the long run, but here is my view on the short run.
XRP is hovering around in no mans land right now, but there are a few indicators that will tell us its next direction. The dotted line shows the current trend and a candle close...
After zooming out and looking at the chart as a whole, I wouldn't be surprised to see ADA move lower and find consolidation around $0.28. Anything is possible. On the other hand, a candle closing above the dotted trend line should indicate a break to the next line of resistance. For day traders, I wouldn't be too optimistic with how high it will go, so to be...
On the 1-day chart, it looks like Bitcoin is experiencing lower highs, which would means this level that we're could see potential for a downward trend. We will have to wait some time to see how it plays out. I'll be holding USDT for now until this chart plays out a little more.
The top black line indicates key resistance levels and the bottom black line is the...
Just a little intra-day analysis. ZRX has been outperforming most other cryptos, so I wanted to get in on some swing trades. Here is a very short term chart for these next couple of days.
A candle break above the top line should trigger another breakout, but the candle must CLOSE above the line. the bottom line is there as a point of support and if the candle...
A little late on the IOTA train, but here are the support/resistance lines I drew out. In my opinion, a major breakout looks like it could be taking place, especially if you look at the 1-day chart. I would keep my eye on this one and expect a drop down to key support levels (grey rectangle) and then a spike up to $2.90.
Usually, I like to make my charts clean and simple, but for DGAZ, there are so many important levels, but they are very clear. DGAZ is showing consistently lower highs, so I wouldn't hold this as a long-term investment, but there are many intra-day opportunities for traders.
At the current level for ADA, it looks to be moving towards those $0.38 levels and will likely touch that point. Will it continue to surge past those levels or retreat? That all depends on the overall performance of the crypto market. If it does surpass those levels and retests $0.38 as a support zone, then $0.43 is the next target. If $0.38 is tested and...
After some recent heavy volume, BitShares is showing some bullish signs moving towards $0.44 as the next point of resistance. If the candle breaks up and tests $0.36 as a support level, then $0.44 will be even more likely to be the next step. If the candle falls below $0.36 and it becomes a point of resistance, then I would be cautious as the next major support...
This could be the beginning of a bull run for XRP (amongst other cryptos), seeing that the market is turning around. Now, will the market continue this upward trend, or is it just a speculative rebound that will fall even farther? The gray boxes represent points of resistance during an uptrend and if those points are met, then we are looking to see if they will...
Binance is like the Amazon of crypto. From a value investor standpoint, I could see this going well over $100. From a technical standpoint, there is a clear uptrend.
