ADA has again gained momentum after the news broke that the US-based exchange Coinbase Pro will list the asset on its exchange. ADA pumped by ~750% in the year 2021 to date and after forming an Inverted Hammer, it retraced back to 0.382% retracement level. After taking support on the 20 and 50 DEMA, it pumped up by ~20% yesterday signalling a breakout from...
COTI , A DAG-based protocol and infrastructure that is fast, private, low cost and can be optimized for real-time payments, it is reflecting the potential to zoom considerably as per its emerging price action. COTI has given a breakout from the Symmetrical Triangle and looks ready to sky to new highs. As per the 2 Hr Time Frame. COTI has been trading in a range...
Binance has been the talk of the town and has served cumulative monthly trading volumes worth ~$690 billion in the month of February. Also, DeFi protocols on Binance smart chain are also gaining a lot of traction, which is pushing the BNB price higher. Binance has been trading in a Descending Channel and has given a fresh breakout from its channel resistance...
Matic, renamed Polygon, has been performing extraordinarily well. In the past 30 days, it has appreciated by more than 400%. In the 1 Hr Time Frame, Matic has been trading in a range. It has given a Range breakout followed by the Retest as shown. Key Levels to watch out:- The support to the lower side is placed at $0.215 followed by $0.2 . The resistance to...
Polkadot has zoomed ~360% in the year 2021. After hitting an All-Time High of $42.28 on Feb 20 has retraced back to 0.382 Fib level. It has taken support at 20 DEMA and it seems likely to resume its bullish rally. In the 1 Hr Time Frame, DOT has been trading in a Symmetrical Triangle for about the past 18 days. It has given a breakout from the pattern and is...
With the EIP 1559 proposa l passed by the Core developers, it would bring a fundamental paradigm shift in the token economy of Ethereum, making it a Deflationary asset. In 4 Hr Time Frame, ETH has formed an Inverted Head and Shoulders pattern. RSI is also signalling a divergence with the price which strengthens the view that ETH could propel to new highs. ...
On the Daily Time Frame, ATOMUSDT has taken support from the 20 DEMA and after halting there for 9 days, it formed a strong bullish candle yesterday. On the Hourly Time Frame, ATOMUSDT has given a breakout from the Bull Descending Triangle wherein it has been trading in that range for the past 18 days. Key Levels to watch out:- The supports to the lower side...
EUR_GBP trades in bullish wedge brexit talkes are not going anywhere buy from support and hold Like and Subscribe!
EUR_USD might keep falling till it reaches support! Tactical long from that level. Like and Subscribe!