Kyber Network Crystal v2 / KNCUSD is posting a bullish fractal, common in the last 11 months. The wide pattern is a Rectangle whose top has been hit on both prior bottom rallies. Buy and target 0.96000. Follow us, like the idea and leave a comment below!!
BONEUSD / Bone ShibaSwap is having a strong 2 day bullish streak and is near forming a 1day Death Cross. We don't see this as a long term buy opportunity yet as not only is the price still under the Falling Resistance but hasn't yet hit the Rising Support of the long term Triangle. In order to confirm the new bullish sequence, the price needs to cross over the...
LOOMUSD has seen in incredible rise during the last two weeks that just hit the LH trendline, basically the technical Resistance that is holding since November 2021. It is no surprise that the 1D timeframe is overbought but such parabolic rise turned even the 1W technicals overbought (RSI = 78.126, MACD = 0.007, ADX = 36.174). Keep in mind that this rise started...
View On XRP/USDT (26 Sept 2023) XRPUSD is in * Neutral in short term (Intraweek) * Neutral in Mid term (1 to 3 months) * Slightly Bearish in Long term (3 months onward) We may be in the early stage possible bullish trend for XRP. Since it is not clear (or) too early, we can't be so sure about the bullishness. The big stop huntting candle of 17 Aug seem to...
WEMIXUSD had the biggest 1W bullish candle last week in 2023 turning the 1W technical outlook bullish (RSI = 59.545, MACD = -0.041, ADX = 41.950) and the 1D RSI extremely overbought. A lot of traders will understandably rush to buy on this level especially since the price crossed over the 1W MA50, but that is not confirmed bullish region yet. You can see that the...
Lazarus Group, an infamous hacking group of an unknown number of cyber criminals allegedly run by the government of North Korea, currently holds more than $47 million worth of crypto assets in their wallets. The blockchain analytics provider Dune Analytics, which gathers on-chain crypto data and makes it accessible to the blockchain community, revealed that stolen...
Ethereum / ETHUSD has entered the Rising Support Zone, which is the bottom Zone of the Ascending Triangle pattern started on the June 18th 2022 global bottom. The Bullish Divergence on the 1day RSI (Rising Support) prompts to a Bottom pattern such as those on November 22nd 2022 and June 18th 2022. This symmetry indicates that once the price crosses over the MA50...
LINKUSD is trading inside the 0.5 - 0.618 Fibonacci range of the 18 month Channel Down pattern. The 1D technical outlook is slighly bullish (RSI = 58.592, MACD = 0.070, ADX = 30.217), which means that even though we are not at the start of this uptrend, there is still upside left. The current rise was achieved after a Low on the 0.786 Fibonacci level. Inside this...
AAVEUSD is testing the MA200 (1d) after a rebound on Support Zone (1). If broken, this rally will most likely be extended to the Falling Resistance Zone, as the prior two did. Trading Plan: 1. Buy either on a pull back to the MA50 (1d) or if the price crosses over the MA200 (1d) first. Targets: 1. 83.000 (a little under the Falling Resistance Zone). Tips: 1....
GMXUSD almost hit the 1day MA50 two days ago and has so far turned sideways. This inability to cross over this Resistance level that has been holding since early August, is technically a bearish signal. As long as it holds, sell and target 30.150 (Support A). If broken though, we can have a June 30th type break out to the 1day MA100. Consequently be ready to...
TONUSD has had a strong bull run as of late, turning the 1D technical outlook green (RSI = 66.857, MACD = 0.238, ADX = 28.071). The consolidation of the past two days is a first indication that we might have reached a medium term peak. In fact it would appear that Toncoin is reproducing the July-September 2022 price action, which after a first peak, pulled back to...
Hello friends, as you can see in the chart, I still expect another upward movement and after that we can expect a falling movement at least up to the target area.
Binance finds itself navigating through challenging conditions in the coming 24 hours. Clouds of uncertainty loom over this digital currency exchange giant, symbolized aptly by ☁️. Strong bullish sun ☀️ shines over the global crypto market in the next 24 hours, indicating upside potential for other coins, such as BTC. Over a one-week horizon, trading conditions...
Strong bullish sun ☀️ shines over the global crypto market in the next 24 hours, indicating upside potential. Binance bucks this positive trend. ☁️ Over a one-week horizon, trading conditions will turn more mixed with Bitcoin, Litecoin, Uniswap, and Chainlink likely to continue to benefit from the sunny bullish trend ☀️, while other altcoins like Ether and XRP...
Bitcoin / BTCUSD is testing the Falling Resistance today, slightly over the 1day MA50 and under the 1day MA200. This is a key Resistance cluster, which if broken opens the way to a potential massive price rise. A similar test of the respective Falling Resistance took place on June 20th, again on the 1day MA50. When broken the price reached Resistance Zone A....
The Graph is on a short term rise with the 1D technicals still neutral (RSI = 53.312, MACD = -0.002, ADX = 25.119) trading towards the 1D MA50. This is the Resistance since the end of July. This is a LL rebound at the bottom of the Rising Wedge pattern which is inside a wider Channel Down. We are going long now, aiming at the top of the pattern (TP = 0.1025). On...
In this analysis, we checked that when they reach the specified and important areas, we can make better decisions on these areas and enter into our trades, so wait until you reach the desired areas so that the reactions to those analytical areas become completely clear.
KASUSD / Kaspa recovered the recently lost Support of the 1day MA50 and almost reached the August 7th High. With the Rising Support holding, the long term bullish trend is intact. Based on a similar rise since the start of the year, the price is just starting the new rally. Buy now and target the 2.618 Fibonacci extension at 0.11000. Follow us, like the idea...