I am expecting an aggressive upside move after the price manages to break the 0.0066$ level. I am pretty confident that this will be a matter of when rather than if, because the resistance looks very weak right now.
Still going up, broke long-term resistance at 0.00001065 BTC. Growth continues on positive news, including on Shelley protocol integration that will officially arrive at Cardano blockchain on July 7th.
Usually, after major updates "sell news" happens, but given the strength of the pump and the breaking of resistance, I will observe the behavior after July 7,...
LINKUSD looks topped, but incredibly bullish in the same time.
Despite of a sharp drop of BTC, LINKUSD almost recovered from that and looks like pushing to a new highs.
It seems crazy trying to short such a strong trend for me even if it looks like a top. I'd better wait for a big spike like before and doing something after that.
Hit the "LIKE" button and...
💰 LET'S GET INTO SOME SILVER & TOTAL2 ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
The top chart is total2 which represents the market cap for altcoins in the cryptocurrency market on a monthly timeframe. The bottom chart is silver on a 3 month timeframe. We hear a lot of the time how bitcoin is...
Admittedly, the daily looking better than the smaller TF's right now as we sit right on this 50 fib and POC.
We've got a cluster of MA resistance above us, the most notable being the 200ma at 759.
800-815 looks like the likely area for a top move and the top of this parallel channel.
Lower levels highlighted below in blue
Cardano ‘Shelley’ Update is around the corner. The online event for the launch of Shelley will take place on July 02 and 03, 2020 and participation will be free of charge.
Price is currently at resistance, It's a good idea to take off some profits from the table, because after the update an 'sell the news' effect can be expected.
Although, overall ADABTC pair...
ETH plummet below $220 and currently trying to get back above.
I'm short as planned before.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
BINANCE:ARKBTC seems to be regaining the momentum it had previously lost after all this time, perfect bounce from support into a MA200 retake, looking for continuation.
Target 1: 0.00003108
Target 2: 0.00003342
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Total2 was rejected by multiple long term resistances and the weekly ichimoku cloud. Last time Total2 was rejected by the same descending triangle resistance, it fell more than 50%. A similar drop can be expected but this time it can break out of the triangle to fill the daily candle gap at 14 billion. This represents around a 90% drop in Alts market cap. It means...
Simple pattern, an exponentially decaying resistance and base support trendline. Cap met multiple resistances and was rejected forming a very bearish doji. If Total2 cap does not go up significantly this week it has changed trend.
RSI also met resistance and will retrace down.
Many thinks it is alts season because BTC dominance is waning, this is not guaranteed....