NEAR USDT TO $12 Long accumulation phase on daily timeframe that finally broke out. A move like this could have potentially a lot of upside. We saw the same with AVAX a few months ago, albeit on the weekly timeframe. And we played AVAX when it was under $10 to catch that megapump upwards of $40. NEAR could go a lot higher, with $12 just being the first...
WIF is one of the newer memecoins on the market and is placed in an illustrous list together with the likes of PEPE, DOGE, SHIB, FLOKI etc. As of earlier today, WIF has successfully confirmed the reversal from the bottom support of the parallel channel. This, together with an oversold RSI (for the first time since it hit Binance!) has convinced investors of a...
In this analysis I want to dive deeper into on-chain analytics, namely the amount of the BTC supply that has not moved in over 1-year (read: investors that hold BTC for >1 year). This metric is important because it gauges the amount of hodlers in the market. Historically, the amount of hodlers always goes up during bear-markets and goes down during...
Hi folks today I'm prepared for you Binance Coin analytics. Some time ago price reached the support zone, which coincided with support 2, and soon broke this level, but later BNB fell back. After this, the price broke support 2 again and then rose a little higher, but soon the price turned around and made an impulse down to the trend line, breaking support 2 one...
Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a not long time ago started to rise in an upward channel, where it first made a fake breakout of 0.5825 level, which coincided with the buyer zone and then rebounded up to the resistance line of the channel. Then XRP rebounded from this line and made the...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it fell to support area, which coincided with $61400 level, but at once bounced up. After this, price rose to resistance line of channel and even higher, thereby exiting from channel. Then BTC entered to wedge, in...
Hi all. VGX is a cryptocurrency token associated with the Voyager trading platform. It is used as a utility token on the platform, providing benefits such as cashback, interest on assets, and reduced trading fees for users. Timeframe 1 week. Currently trading at minus 97% of the 21 year high, it has been in accumulation for almost a year with increased volumes. I...
Hello! It's me again. I'm back with some thoughts on KAS-USDT. I previously wrote about MAV-USDT and the results are below: The blue line was the entry point and it had went up around 15% since my original posting about this cryptocurrency, still up about 10% from the original entry. Unfortunately I had misjudged the volatility of MAV and the 50% target wasn't...
Based on the provided market data, the STORJ/USDT pair is currently trading at $0.89. The RSI (Relative Strength Index) shows readings of 58.92, 68.26, and 65.81 on the 4-hour, daily, and weekly charts respectively. These figures suggest that the asset is neither overbought nor oversold, indicating a balanced market condition. The MACD (Moving Average Convergence...
Based on the provided market data, XRP is currently trading at $0.719 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 79.58, 79.16, and 66.86 respectively. These high RSI values suggest that XRP is currently in an overbought condition, which could be a signal of a potential price decrease in the short term. The Moving Average...
Based on the provided market data, ATOM/USDT is currently trading at 13.683. It's within a moderate bullish trend on the 4-hour chart (Rsi4h: 60.12, Macd4h: 0.103) and showing strong bullish signals on the daily and 7-day timeframe (Rsi1d: 68.44, Macd1d: 0.909, Rsi7d: 69.88, Macd7d: 0.863). On the 4-hour chart, the pair is trading close to its first resistance...
Hello traders, I want share with you my opinion about Ethereum.Observing the chart, we can see that the price some time ago started to rise in an upward channel, where it soon reached the 2900 support level, which coincided with the support area and broke this level. After this, ETH some time traded near this level and then rebounded up to the resistance line from...
Hi all. Loopring is a protocol for building decentralized exchanges. It is an open protocol that allows developers to incorporate exchange functionality into decentralized applications (dApps). Loopring operates on the Ethereum and Qtum blockchains, and also plans to expand to NEO. It provides higher liquidity and improved pricing by matching orders in the form of...
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price entered to rising channel, where it bounced from support level and rose to resistance line of channel. After this movement, BNB turned around and ina short time declined to support line of channel and soon broke it. Price left rising...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price a not long time ago rebounded from the trend line and in a short time rose to support 2, which coincided with the support zone. Soon, BTC broke this level, made a retest, and then made impulse up to 64000 points, but later it turned around and fell below, after...
In this analysis I want to take a look at Bitcoin's historical behaviour at the moment that it made new all-time highs (ATH's), and make a prediction based on those findings. As seen on the bottom two charts, Bitcoin has ALWAYS reversed substantially from the previous ATH's area of resistance (note: the area around the ATH functions as resistance, not the exact...
As of today, I think we can finally say that Bitcoin has confidently broken out of the previous ATH of 69.000. Yes, we had a couple of wicks towards 70k, but never a real confident break out like now. Today is the start of Bitcoin's era of price discovery. If history will repeat itself we will go up a lot over the coming weeks. Prepare yourself for strong moves...
A few weeks ago I made an analysis on FET and the pending cup & handle pattern that was about to break out. The price has risen close to 40% since my original analysis and the pattern is playing out quite well. With BTC trading bullish/neutral, I'm expecting FET to simply continue to move up. Target at 3$ for the next few months.