🔍Today, we delve into the analysis of Optimism (OP) coin, a leading project in Ethereum Layer 2 solutions. Being one of the earliest and most reputable Layer 2 solutions, Optimism has garnered significant attention, particularly from DeFi enthusiasts, due to its substantially lower transaction fees compared to Ethereum. This has allowed users with limited capital...
📊Analysis by AhmadArz: 🔍Entry: 2.487 🛑Stop Loss: 2.145 🎯Take Profit: 2.88 - .3.299 - 3.586 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
#Matic price is in long period falling channel. #polygon tested the top of channel but declined hard and bearish continuation occured after bear patterns. Now price may have a relief rally by hitting the orange box but i say MAY BE. In mid term (several months) period, #MATICUSD price expected to visit 1/2 #usd zone or channel low. Not financial advice.
#MATIC #POLYGON 's long term bearish channel continues.Tried a fake out 1 month ago but the price 1.30 #usdt declined at top of the channel.With this weakening, retraces to mid of the channel is necessary, this means at least 1/2 of the price.If news emerge and break 1 #usd again, that is the invalidation of this scenario. Not financial advice.
4H TF OP has created a reversal pattern, now it's trying to test resistance at 3.25 If OP can break and close above this resistance, I expect price will go higher 3.5 that zone is Supply Zone Wait for confirmation before trade
Month Chart Easily to see STX, the layer 2 of Bitcoin Blockchain which has been downing to test the ATH of 2021 around $3 Week Chart I found the Fair Value Gap around $2.1 and I expect BINANCE:STXUSDT can hit this range before turn back to bullish trend. Day Chart Double Top happened and now STX is pullback to lower Can trade at lower timeframes
Handle? With the ETH upgrades scheduled for this spring It should give arbitrum som bullish momentum That light shining on the network may bring extra eyes to $AIDOGE The chart looks constructive , if this thesis plays out.
Matic is currently in an accelerative breakout move. That we previously identified as having a great chance of triggering. And should provide plenty of opportunity to profit from in this coming bull market. @TheCryptoSniper #HVF
Traders, I’ve been at work testing some new indicators lately and they have been working very well so far. I want to give them a true test in predicting a pullback, but so far, they haven’t had that chance. Anyways, right now, they are all flashing green on ORCA. And it makes sense too. We’ve cracked the top of that down-trending channel, signaling that an upward...
$7 W pattern linear target already met but still there's a double left in it. (hope some of my followers got into this early and held)
#FTM looking good forming an inverse head and shoulders As #ETH gas fees explode layer 2's . EVM forks should start catching a bid teased us with a false breakout ,,,, but giving us more of an opportunity to accumulate I expect next summer to be well above a $1
Time flies, nearly four years have passed since we wrote a similar article, and we feel quite satisfied as 95% of the predictions have been met. Except for Boeing, which surprisingly didn't take off, Bilibili ($19), BTC ($3800), Tiger $3, and PDD ($19) achieved the expected 5-10x growth within two years. The subsequent performances of FWB:ACH , LSE:UOS , ...
It's a scaling solution. It has a big gaming component. It's a low cap. all the ingredients necessary for the possibility of delivering outsize gains.. Let's get to the halfway point and assess the likelihood there.
According to the volumes and price action in the last months, the target for the next 6 months is $3200-3300 for ETH. Considering the following aspects: - The Cancun upgrade on the ETH chain; - Possible Eth approval from May 2024 for ETH; - The emerging narrative with Layer 2 on ETH; - The ETH/BTC ratio is in a support zone; I consider that 3200-3300 is a...
Arbitrum stands out as a premier layer-2 scaling solution, witnessing a remarkable surge in its token price, soaring by over 300% from its recent low of $0.5 to $2.4. This surge has captivated the attention of investors, especially amidst the bullish sentiments of 2024. Presently, the token's trajectory indicates a bearish trend, hovering close to its support...
AMEX:ARB / CRYPTOCAP:BTC pair is looking so strong and about make 3rd impulsive Elliott Wave. NOT FINANCIAL ADVICE.
Bullish cup and handle pattern is processing... I always said: Arbitrum is undervalued. NOT FINANCIAL ADVICE.
This is a fun chart that I actually made into an NFT on the Enjin chain. The idea is simple. As you can see, ENJ is trapped in a certain zone. The future direction depends on where it breaks off towards. If ENJ breaks above the descending curve, then my prediction is at least 16k Satoshi by August 2022. It could take one of two paths up there. On the other hand,...