andre_007

andre_007

Hi. Looking at some on-chain data on several blockchains, we have an unusual movement. Price Drawdown from ATH The percent drawdown of the asset's price from the previous all-time high. When the value is equal to zero, we have no drawdown. When it is less than zero we have a drawdown multiplied by 100 (percentage). When the indicator hits the top several...

andre_007

On the top chart we have the BTC/USD index, and on the bottom chart we have the sum of the dominance of the main stablescoins: USDT, USDC, DAI and UST. As a rule, when the dominance of stablecoins rises, the price of BTC falls. Just look at the respective numbered arrows. The only exception was arrow number 3, which had a more lateral movement in the dollar's...

andre_007

Hi. Hope you all are well. Price analysis Considering the Arnaud Legoux averages, I can see the strength of the trend within the price chart itself. What we have? The average of 32 (green) has crossed below the average of 64 (blue), and there is now an expansion in width between these two averages. And the average of 128 (white) started to slant down. This...

andre_007

The fact is that we are still alive and no meteors have fallen... neither has a volcano exploded and we are not under ash (things that the dinosaurs witnessed). For thousands of years they always proclaimed the end of the world and until now this has never happened... About this new variant, it is not as serious as they say. Of course, some politicians will try...

andre_007 Updated 

Hello. Do you know KCS? Otherwise I'll introduce you here. Fundamentalist analysis KCS is the native currency of Kucoin, one of the largest exchanges in the world. It is used as a utility token (to lower rates), and also in the same broker's KCC blockchain in the DeFi ecosystem. In other words, it is to Kucoin what BNB is to Binance. On the DefiLama website,...

andre_007 Updated 

Hi. Here's my analysis on Bitcoin\Dollar price. // --------------------------------------------------------------- // Graphical Analysis // --------------------------------------------------------------- On the weekly chart we have a long diagonal support line. Every time the price hit the line, it was a great time to buy. The same is happening now. Looking...

andre_007

Hello. I'm doing another Bitcoin analysis, complementing the first one (or correcting if that's the case). Now I'm trying to be more simplistic and objective, considering the most recent scenario, and discarding some indicators that say the same thing. 1. Graphical analysis High Channel The price is testing the support line. Now might be a good time to...

andre_007

The trend is clearly up. When plotting Fibonacci targets, the next value is between $0.28 and $0.31 and then $0.56, $0.81, $1. There's not much to say... just look at the chart.

andre_007 Updated 

Hello. Below is an analysis of Crypto.com, an exchange that is aggressively marketing and that is snapping up the market. F undamentalist analysis Crypto.com has two main products: the centralized exchange and the DeFi wallet. In the DeFi wallet, it is already possible to interact via the Ethereum network and two own blockchains: "Crypto.org Chain" and...

andre_007

Hello. I believe in a rise of LiteCoin, and here I present the reasons. Contextualization Litecoin was the first major altcoin to be created after the emergence of Bitcoin, in order to reduce transaction costs. Some analysts say it is outdated, as Bitcoin is already able to solve this problem through the Lightning Network. However, it is noteworthy that the...

andre_007

Hello. The analysis of Terra Luna follows, looking at the graph against the Dollar and Bitcoin at the same time. (I think it's a fantastic project with enormous potential to grow... its MarketCap is still smaller than that of ShitCoins like Dodge, Shiba and XRP, which doesn't make any sense...) LUNA/USD The price continues to respect the exponential moving...

andre_007 Updated 

Hi! In this analysis, I present the arguments to show what many renowned traders already claim: Bitcoin is only at the beginning of an uptrend. Why do we have a strong uptrend? In the red lines of the Bitcoin graph, we have the historical tops. Below, I configured the CGO (Center of Gravity Oscillator) with a period of 200 days, using a Fibonnaci retraction...

andre_007

Hello. Another analysis of Bitcoin follows, this time using geometric graphical patterns and three blockchain indicators. Price analysis Over the longer term, we can see that we are below a bullish yellow channel. This has been happening since December/2018. Since then, the price has tried to break through 2 times. If we continue with the current trend (which...

andre_007

(ℹ) Perhaps the best way to analyze the value of an asset is with Bitcoin, and not with a government-owned coin that only loses value over time... The long uptrend we're in started in January/2020. We can consider that we are in wave 4, and in this wave 4 we are in an ABC correction, where the drop was rejected, corroborating the beginning of wave 5. By...

andre_007 Updated 

CherrySwap is the DeFi platform with the highest TVL (Total Value Locked) on the OKEx blockchain. On the chart we can see a bullish divergence, which could break up. The OKT and OKB cryptocurrencies native to this blockchain also appear to be upside potential. Consider the BTC.D (Bitcoin Dominance) graph. When it's going up, it's not a good time to be on Altcoins.

andre_007

By plotting the Elliot waves, we are on wave 5. If we continue with wave 5, we will reach level 1 of Fibonnaci. In wave 5 we have the ABC correction subwaves, where we can have the bear scenario in red, and possible bull reversals in green. Good winds! Always manage your risk and never outsource your decisions!

andre_007

On the 2-week chart, we can see that the bullish cycles repeat for 9 bars (126 days), and that the bearish cycles repeat for 6 bars (84 days) (approximate values). If we trace the Elliot waves, we can identify that we are on wave 5. If the bull cycle takes place at the same periodicity, we can assume that the price will reach U$ 496 at the end of November. And a...

andre_007

Squid games in Pitch Fork. Upward trend for networks that focus on privacy.