AVAX Breaks $128 then we can aim for a ATH and I can see $192 @ 1.618 This will complete the 5th Elliot Wave. Being one of the best Layer 1 projects my long term target is $650. AVAX is also leading the new DEFO 2.0 and huge super trend DAO. NFA.
Layer 1s peak price superimposed on Eth price action. Take note that they all peak at different times allowing for cycling through each.
Picked up more LUNA Saturday morning. Up practically $20 from that entry! This is another one that perfectly shows a chart saved by fibs. The 0.382% is essentially the stopping point that HAS to hold on theses names. Granted it is a slightly different story when we are getting a all-out crypto dump like we saw a few days ago. But Still powerful to see. This name...
TLDR: a massive cup and handle pattern over 4 years on a log chart. Extremely rare to find, especially in crypto due to scarcity of coins with a multi-cycle history. Last time such a pattern was observed on DOGE/USD pair in Autumn 2020, at $0.002 $DOGE. Background FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN...
Background FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN corporation, Merge-Mining with Bitcoin , making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to $BNB ($100b Market Cap), $SOL ($100b Market Cap), $ADA ($100b Market Cap) and $ETH ($500b market Cap). Market Cap of...
Let’s hope it’s time. Holding it since 40 sats not planning to sell soon until see some of L1 magic.
Incredibly bullish on EXRD fundamentally. At the moment it seems the market holds a lot of uncertainty, likely due to BTC's precarious situation. Here we can see the uneasy combination of a potential head and shoulders pattern forming, with the possibility of it being rescued by a symmetrical triangle. If we can stay in the triangle long enough for BTC to regain...
Looking like forming H&S pattern on hourly. Im holding some $ONE right now especially farming on DFK with it. Probably gonna hedge short this to net flat
Clear support from trend since mid-july Recently passed over the horizontal resistance Bounced back from 1.618 Fib level and now probably going to retest the support at 0.26$ Considering the huge number of events and improvements on their roadmap for the next two months, I believe it will hold the support and bounce upwith more momentum I would stop below the...
SOLUSD bounced from the major trend and now in price discovery between the two Fib levels. RSI is at a medium level and volume is picking up. First a test of ATH of 220 and later the Fib resistance of 240 is required. After, targets open.
Be aware of the bearish divergence on RSI if you are thinking of an entry into ATOM. I would wait for price to pull back to trend line. Also possible cup and handle formation if price retraces to the 0.618 fib. imo ATOM will have its time to shine after BTC recovers. People are taking profits off SOL and eager to move it into another smart contract layer 1. Also...
Avalanche has been in a downtrend now currently oversold on the daily coming off of recently new all time highs. AVAX looks like its been cooling off. Its about to test the low end of this ascending channel. We'll see if this channel holds. Currently trading under point of control. AVAX is still going to be a strong cryptocurrency this cycle. The Avalanche...
Avalanche has been on a rampage and has held up very well since July 21st. Avalanche is currently in price discovery and it has the potential to hit $90 in the coming weeks with the trend it's currently been on. The Fibonacci level of 1.618 is the next destination for price at around $91. Current Support Zone: $61-$64 Current Resistance: $72.75
Moonriver is a very sophisticated,fast paced and easy to work layer 1. This is EVM friendly and has been in design for years with the assistance of Dr. Gavin Wood. $MOVR so far has been the most successful parachain in the Kusama network, mainly in terms of explosive price appreciation and a vibrant loyal community. 87% of Crypto Twitter believes that $MOVR has...
The $28 is a special Fib-confluence I found and it coincides interestingly enough with the slope of the trendline that FTM has found itself bumping along the entirety of the bull market. The tentative end-cycle macro top will be in late September which would meet our $28 target for FTM. On the Fundamental side, this coincides with a justification of the TA - FTM...
The FTM Network just announced today that they have grown from 3 million transactions 2 weeks ago on mainnet to 10 million transactions today... it's an insane amount of ETH network related activity moving over to the next gen Layer 1 protocol. twitter.com FTM is about to bend matter again as the continuation pattern is playing out from the bull flag breakout...
One of the newer L1 platforms, one I think will also be listed on Coinbase at some point. Fairly strong and looking good here. Trend is very clean and hasn't had an major issues. Nice consolidation ready for expansion
Anything backed by Grayscale is worth paying attention to, and ZEN is one of those projects. One of the biggest ones in terms of privacy and with big backers. Potentially it could be listed on Coinbase and I will also present those coming next on Coinbase based on my opinion. The ZENBTC charts looks a bit like ADABTC before the key breakout (on lower timeframes),...