Hey traders,
It's been one week exactly since my last ETH post, last week right at weekly close. There's been a lot of price action going on in ETH this past week so let's break it down.
ETH successfully closed over the $788 3-year valley formed in 2018 and has shot straight up like a rocket since doing so.
Looking at the daily chart, this move was formed all...
Bitcoin Cash blew right through the $361 level of resistance and turned it into support after successfully closing above it.
From here, BCH knocked out the $379.60 level and the $404 weekly level all in the span of one daily candle.
BCH is following the momentum of Bitcoin going long towards $435 and above, first heading to close out the monthly level placed at...
Hey traders,
It's been a week since my last analysis on Litecoin and so much has happened since then. Every single TP listed on the previous chart has hit to a Tee after Litecoin saw that continued consolidation period along $121.20 - $124.40.
From this bounce, Litecoin hit and cleared the $136 - $140 distribution zone, knocking out the previous 2019 high...
+Heres a quick BCH read for the BCH fans out there your gonna love this!!
+On the 4 hour we can see multiple attempts at the level $368 but here why I think we will break this time and ladder up to test new resistances.
+As you can see here I've identified BCH current valley it is facing.
+BCH is coming close and close to the top of this valley as...
ETH has consistently been making higher lows on every single dip and finally bottomed out at $556 before turning $600 resistance into support.
$600 - $617 was the prime buy-in accumulation zone before taking off to hit the $669 - $687 sell-off distribution zone.
From here the price of Ethereum already 1st touched $713 resistance and backtested both the $669 -...
Toward the beginning of December, we saw Jumia make a strong correction after hitting $40 all the way back to $24.5 before making its way back to $40 zone. Personally I think Jumia is still on track for a continuation toward the upside after this correction, once we break and retest $41.
Jumia is a hidden gem right in front of our faces... Jumia is an...
Welcome to the first "Random Pick of The Week", where I will randomly select a ticker to chart based on comments posted below or sent via direct message.
Want a technical breakdown?
- Follow Me
- Smash Like
- Comment 1 Ticker
Todays's Pick: AKBA / Akebia Therapeutics Inc.
Looking at the great scheme of things, we can see that AKBA has been in a steady...
As Airbnb comes to $151.1 and teases us with a breakout, I think it's important to watch these next days of price action.
We've broken out from $151.1, looking for a small bounce than a nice correction back to $151.1 to hold as support...
Merry Christmas & Happy New Year!
BUY & HOLD LONG
DCJ
+RSR is coming towards and wedge and has created level adaption on $.016
+on the 12 hour we can even see some Accumlation between the levels of $.016 and $.2
+After its second attempt of trying to break this downtrend(white level) it came right back to its support at .016 and started its next ladder up and now seems to be adapting $.018 a residential now...
Bitcoin has almost completed its Fib Extension cycle and will complete it when it hits a $30,000 , more specifically $30838.
I don't normally use Fibs, actually this Fib Extension was my first time properly using it, but it does the trick for sure. Every line drawn out beyond the previous ATH has hit to a Tee and been well respected in terms of support &...
Hey traders,
From the most recent LTC read signaled from $99.50, the price of LTC hit all the take profit levels and wicked the previous 2019 high level of $136.
We didn't ever see a close above this level which is a bit concerning, but I don't believe the bullish momentum for Litecoin is over just yet.
However, if BTC pulls back a bit to 25k then we could see...
+Chainlink Today had a great run
+When I woke up this morning I saw Link was up16% but slowly started pulling back as we faced/created another downtrend (Purple Level)
+ In the last bleed Link had it came down to $9.89 and then we started seeing some level adaption around $10.6
+The Green Level is a resistance now turned support $12.3
+ Creating level adaption...
+ADA facing another attempt on its 4 year valley .$169
+After its first attempt on this valley we saw a major pullback 35% and closing right above $.13 support
+Since then it has created a accumulation zone and I have identified a bullish trend line that was stared on the 16th.
+We can see it has tested this level 3 times confirming it as a official bullish...
+Woke up this morning to a nice pump on ETH and many other ALTS
+If you missed this pump no worries because there are many more to come.
+ On this most recent pump ETH break through 2 resistances and wicked $714 to a T
+Lets remember the rule of First Touch rejection.
+This is the first time ETH broke 700+ in 2 years. and Also first touch on $714 so a pullback...
At the moment, Bitcoin is experiencing some minor turbulence as its flying on its path towards $25,000 and beyond.
As we all know, there is no support / resistance level to base my TP or pullback targets on, so I have to resort to using Fibonacci levels.
BTC is facing resistance along the 0.5 Fib level at $23671 and I think will continue to do so for the rest of...
Looking at the 1W timeframe of the Bitcoin Dominance Ratio (BTC.D) is slowly re-approaching it's previous all time high. This means that right now BItcoin's market cap is about 70% of the entire crypto market cap and still rising.
Since the altcoin season at the end of 2017, the Dominance ratio has been gaining and doubled from 35% to 70%. From here on the next...
Hey traders, haven't done an ETHE read in a while so here we go.
On December 2nd, 2020, Grayscale Investments Ethereum Trust ETHE declared a 9-for-1 stock split. Based on the Trust having 29,502,100 Shares issued and outstanding and each Share representing ownership of 0.09284789 of one Ethereum, after the effectiveness of the Share Split on December 17th, 2020...
