I have been looking into Mainframe since the recent Binance listing. MFT has a solid team, a great idea, and a working product. They have a solid team and a strong partnership with Swarm. This coin is really cool check out the whitepaper if you have time at mainframe.com
Mainframe tumbled after its first and only listing on Binance, but this coin has...
Monaco increased ~15% today in a very bearish crypto market. Since it is one of the only coins in the green, I expect to see some pullback unless we break the most recent previous high of 938 sats which falls on the 1 Fib level.
Bulls still have strength over Bears according to 1HR ADX so we may continue a further uptrend
But given that everything else is in a...
FUN broke out today and is up +25% this is quite a massive spike in price and I can see a correction coming soon.
Wait until Bear Flag is confirmed by breaking downward through upward support line. If Bearish movement is confirmed place sell order.
Massive Cup and Handle formation on TRX. I always thought TRX was not a great long term investment, because of all of the FUD surrounding Justin Sun.. But it looks like TRON has been very bullish these past few months... lets make some money!
IOTA has formed a Cup and Handle Pattern as well as a Symmetrical Triangle Pattern on the daily chart.
I have always been bullish on IOTA as it unique from most Cryptocurrencies in the sense that it uses Directed Acyclic Graph technology as opposed to using Blockchain.
Since each user of the IOTA network has to verify two transactions before theirs is...
AEON seems to follow an uptrend breaking out massively and then consolidating back to the support line. @burnonfire31 mentioned that his indicator is showing this is a good buy and I agree as it looks like every time AEON touches the uptrend line it breaks out.
BNB price action following symmetrical triangle pattern. RSI still not overbought or oversold, so there is plenty of room to move in either direction. ADX and DI showing buyers are gaining traction on sellers.... BNB seems to have followed breakout patterns very well in the past, so I will be watching BNB closely.
SNGLS has found a strong support at 876 Satoshis. We will watch closely for a break in either direction as it may be a strong one.
-RSI indicating oversold on hourly chart
**This is just an idea, not financial advise**
ZenCash was listed on Binance today which caused ZEN to explode in price and volume.
This was a synthetic breakout in my opinion, and I believe that ZEN will see a drop in price soon.
Here are a few reasons why I think ZEN will fall in value:
1. Bear Flag (illustrated on chart) has been broken
2. RSI has been moving in overbought area
3. Volume has decreased...
Bytecoin is currently following an Ascending Triangle pattern on the 1H Chart after its recent surge caused by the Binance listing.
Ranked number 18 overall, Bytecoin has a huge market cap in the Crypto space.
There are two very simple scenarios:
1. BCN breaks upward out of the triangle and goes Bullish
2. BCN breaks downward out of the triangle and goes...