Let's zoom in because this is a decisive moment right now. Excitement is definitely out there and the market is filled with new people, so things are bound to become awkward. More than 97% of Bitcoin addresses are now in profit. Just a small scare and everybody will start selling. First, why do we trade? Are we trading? Ethereum has been growing since June...
NEAR Protocol (NEARUSDT) can be seen growing and closing green four weeks straight, which is confirmed bullish action. We know the bear-market because it was painful; it was 2022. We know the consolidation phase because it was mute; it was 2023. We are yet to experience it but are in the process of a full blown bull-market and that's 2024 and 2025. Late 2023...
Cosmos (ATOMUSDT) is now in a bullish phase; a new bull cycle/bull-market after a "long-term higher low." This higher low took place October 2023 compared to June 2022 when ATOMUSDT hit its bear-market bottom. Bull-market potential is active now based on technical analysis because ATOMUSDT is moving weekly above EMA100 (to the upside —blue line on the chart);...
➖ The bottom was hit October 2023. ➖ A higher low came in February 2024. ➖ After the higher low volume goes up. ➖ As volume goes up the RSI turned bullish. ➖ ONEBTC is now trading above EMA50. ➖ ONEBTC is trading at bottom prices, ready to grow! This is a very interesting pair just because of the huge potential for growth. Targets: 1) 98 Sats = 173% 2) 207...
Cronos produced this week the biggest bullish candle since late 2021; the previous market bull-run. The huge difference between now and then, is that Cronos is trading low just moving above resistance in the form of EMA100. Instead of a top signal, this is a major bullish momentum signal. ➖ Seeing the best week ever at the top can signal that the wave is over or...
The good thing about this timing —as in this is moment right now— is that the consolidation phase is long-gone. Even a "bullish consolidation" where prices are rising slowly still takes month. This is gone. ➖ Ardor (ARDRUSDT) has been rising for more than five months and is trading weekly above EMA100. Ultra-bullish bias confirmed. While in the past it would...
In the past we would have to go through so many calculations... It was not easy to determine when each pair would move. We track Bitcoin pairings (ALTSBTC) and Tether pairings (ALTSUSDT). In the past, each side would have its own schedule, its own cycle... This isn't the case today. Today, it all moves together when it comes to the individual project, this is...
➖ Here we have a descending channel that ends December 2023. ➖ The down channel is followed by a bullish breakout. ➖ The bullish breakout corrects by 78% (Fib. support). ➖ A strong bounce is happening right at the Fib. support producing a higher low. This dynamic and higher low can lead to a higher high. 👉 This higher high can reach around 0.00006757 for a 100%+...
The weekly session is reaching its end today. Today a week ends/closes and this can send ripples through the market. A week ending can turn into a bearish development or a bullish development. The start of a new week. ➖ Covalent (CQTUSDT) closed last week above EMA100; bulls win. Trading volume is the highest in a year and we are likely going to experience a...
We looked at Golem vs Bitcoin but the Tether pair (GLMUSDT) is also looking great, for sure. We can see a very, very strong breakout recently with the highest volume in more than a year. The accumulation phase also lasted more than a year. When the accumulation phase is long, the bullish wave that follows tends to be super strong. The RSI is high up and we can...
The chart looks beautiful, to me, literally. Does this happens to you? Do you consider charts to look beautiful/good? The dynamic; The descending channel leading to a rounded bottom as the RSI moves up and prices start to reverse. This is matched by rising volume and oh!, I kind of realize I sound like a nerd. ➖ EOSUSDT looks good after a major downtrend since...
This is Bitcoin Dominance... Maybe you cannot understand because I have to share what I see, always with the intention of being of service, help and assistance to you. I love Bitcoin. I use Bitcoin to buy my food; but the market doesn't care about my feelings nor about yours... The market doesn't care about our needs either, it moves in cycles and after it goes...
Floki Inu (FLOKIUSDT) is really strong because after its initial bullish wave, starting October 2023, it never moved below EMA300. Currently the action is happening above this level and we take this as a strong bullish signal. EMA300 is the longest moving average we track after all. 👉 If the bulls continue to push higher, expect the next target to hit around...
I swear to Jesus that I totally forgot about Bitcoin Cash in the past few months... No, I didn't. It's been 245 days since the June 2023 price peak; and just like that, we are up to the next target in a matter of days. Let's go straight to the point. Current action is wave three and this wave is aiming at $875 or $1,052 as its peak. Then a retrace, wave four,...
This is similar to the pattern we described recently looking into ADXUSDT (AdEx). I explain my reasoning in order to provide the learning part of the "experience". We do learning and entertainment with these charts. Today we have Smooth Love Potion (SLPUSDT) and a bullish chart based on many signals. The consolidation pattern is followed by a bullish...
Indeed... We have the highest volume ever on this weekly chart for FILUSDT. We can compare the action of the Altcoins that moved first in order to determine how far up the pairs that are yet to move, will go. For example, Bitcoin hit as high as back in April/November 2021. Solana did the same. Other pairs such as FetchAI hit new All-Time Highs already but this...
Let me start by saying that this statement, "to go down with Bitcoin," is only a temporary situation. It is based on an upcoming quite normal, standard and classic correction. I am a Cryptocurrency bull. But before being a bull I am your friend, your supporter, your follower, your teacher. ➖ My job is to warn you about what is happening with the charts in this...
I have to admit it, "Does it look bullish?" No! Where are the bullish signals? This is the question I received when I shared the EOSBTC chart; I have to admit it, there were no bullish signals, yet based on experience and marketwide action I still called for a reversal to take place; this is now being confirmed. ➖ The same is true for XLMBTC. It is not bullish,...