What a magnificent performance we have been witnessing from Uniswap since the begging of this year. Cheers to everybody that has held to $20! Every hodler, trader, and investor should be excited and thankful for the explosive growth that we have been seeing with Uniswap and within the Decentralized Finance (DeFi) realm overall. Almost every week we have been...
Congratulations to all the Ethereum investors and hodlers globally. Today is another major milestone and special day for the Ethereum nation as we've hit another new all time high trading past $1600. As of today everybody in the world should be in profit! Cheers! We are officially in price discovery phase for Ethereum and we're just getting started. We have a...
In the oracle realm of the cryptocurrencies Band Protocol is the second largest oracle coin right under the leader Chainlink (LINK) that is bound to be picked up and re-test those all time highs. Band Protocol has approached a very important level today as it has slightly broken out of $11.50 resistance zone that has held strong since September 4th 2020. We...
Good morning everybody! Congratulations to all the Uniswap Hodlers and Investors. We've sailed through our previous all time high of $8.70 and now it's forming to be a solid zone for support. Resistance becomes support, that's always a good sign. As of now Uniswap is in price discovery phase so I heavily caution people taking positions at these levels. I'm...
It is nice to see Bitcoin flirting around the $30,000 support zone. This to me in a macro perspective is very healthy for Bitcoin as it indicates that this market is becoming more resilient. The more we trade through that zone the stronger the support becomes. We broke out of the symmetrical triangle, briefly traded at $28,800 and now we're back in the $32,000...
Ethereum is getting really juicy and with much reason. These are very exciting times for Ethereum. As the cryptocurrency market matures many people are realizing Ethereum is not only essential, but a vital part of the entire cryptocurrency ecosystem, especially in Decentralized Finance (DeFi). We've broken through a major milestone and resistance area since...
Just looking at a long term chart analysis of Cardano's (ADA) Bitcoin pair from 2018 is pretty exciting. Currently trading at 1000 Satoshis we still have about a 700% climb before we even begin to re-test all time highs on the Bitcoin pairing. I believe it's about another 350% climb from the U.S. Dollar pairing until we re-test all time highs. With that being...
We called Uniswap at $4.50 on December 31st 2020 and now it's currently trading at $7.70 still boiling up. I've been adding to my Uniswap Bag. As of now Uniswap is right on the cusp of re-testing and surpassing it's all time highs at around $8.70. Uniswap now has over 3 Billion in liquidity locked in the decentralized exchange (DEX) and is swiftly rising. It...
Litecoin is possibly the most important alt-coin aside from Ethereum in my opinion and it is still a sleeping giant. Why do I say that? Simply because of longevity and trust. Developed in 2011, Litecoin is by far one of the oldest cryptocurrencies that has remained a top 10 cryptocurrency for over 95% if its lifespan and that won't change any time soon. Do not...
Ethereum has been slowly boiling on its course to re-test new all time highs and it is still a great time to invest in Ethereum. Within the past week we have seen a solid support level of around $980 but has traded to as low as $880. As of today now we see Ethereum hugging the 0.786 on the Fibonacci Retracement steadily hovering at $1050 and strongly...
I know there's probably a lot of sweaty hands after this 30% price drop in Bitcoin. Corrections like these are inevitable in the world of cryptocurrencies. But rest assured that the trend is still alive. Corrections like these set new crucial support levels. Bitcoin has bounced through and off of the 1.618 on the Fibonacci sequence four times setting the...
Fellow traders, No doubt that gold is a super interesting safe-haven asset, especially considering current times. Here is my most recent idea on this metal. Fundamental analysis: The uncertainty caused by COVID still prevails all over the world, the vaccine is still not widely available, and long-term protection still not ceratin. Moreover, monetary policy and...
The idea is self explanatory.
This is the highest Gold has ever been! After price action reached $2075.28 it started to print LHs & LLs to close out last trading week at $1951.19. I am in bear's favor for now so let's build up confluence. Confluence (3 or more): 1. Strong rejection from Monthly perspective ending with long wick in bear's favor. 2. Order block formed at high end of the...
The Federal Reserve is destroying our purchasing power. The Fed robs the poor to sustain the rich. Monetary expansion is indeed akin to printing money Zimbabwe style. CPI is used as a primary indicator of inflation, but it fails to reflect the fact that asset prices move in lock-step with money supply. The poor majority may see only minimal increase in the price...
-Head and shoulder, failed at new high, sign of weakness. -Overall bullish, Suncor's assets alone are worth around 16$. -Short term, Oil taking a hit with consumer's sentiment shifting towards renewable energy + OPC cuts. -Pre-COVID levels indicated regular increase in Oil consumptions, we're far from being OIL free. -If 17.47 small support breaks, I'm out. Thank you
Gold looks bullish with a flag an pole breakout , T1 1900 T2 2000. Also have drawn the fib levels in the chart