Melon (MLNUSDT) is trading at bottom prices and has been moving within a consolidation range since June 2022, a very long time. Thinking of the long-term, mid- to late 2025, this pair looks good to start accumulating. The support range that has been activated is the same price at which Melon traded back in late 2020, before a massive 1,465% bullish wave, which...
The entire Cryptocurrency market is about to undergone a "merge" type of situation, that is, everybody is about to lose money... Good evening my fellow traders, how are you feeling in this wonderful day? The weather is pretty strange over here, looks tricky, just like these charts. The action between early August and now for ETHUSDT forms a bearish flag;...
Yes, it will grow but the market is one. When it changes it changes fast, it happens suddenly and it happens in a day. You can see everything green, everything nice; everything looks fine today. The next day, not so much. The next day feels down, prices are down and there is no more growth. Yes, I said it will grow and it will grow; long-term. Short-term we...
The move that started last week is not over, we are seeing the start of a down-wave. The 5th of August signaled the end of a down-move. From 5-August through 29-September PEPEUSDT moved up, that's 55 days. That's a mild bullish wave. This up-wave ended abruptly and we see strong bearish action on this chart. This bearish action has been going only for 9 days....
The market moves in waves... Here we have a double-top. SUIUSDT. Notice the trading volume as SUIUSDT peaked yesterday. Notice how clearly the green bars are smaller than the red bars. Notice how the highest green bar happened mid-August and then volume stats to drop. As the peak of the wave hits, bear volume increases. We are likely looking at the end of this...
We already looked at XRP based on the long-term, we continue positive for 2025 and we are definitely going to see some amazing growth next year. We already looked at XRP short-term, but what about the mid-term. Let's detach for a minute and look at this weekly chart. XRPUSDT has been bearish in many ways since July 2023. Where is this bearish action leading...
I can see Solana in the "green zone," but it is looking down. This is the weekly timeframe and SOLUSDT is in the same condition it was in late 2021/early 2022. It was green after major, massive growth. After major, massive growth there is always a correction. The highest buying for Solana happened in November 2023, almost a year ago. After this date, every single...
Repeating the exact same patterns as Bitcoin, Solana remains below resistance in the form of MA200. Good afternoon my dear reader, I hope you are having a wonderful day. Solana produced a fake breakout when it moved above MA200, because it only stood there for three days. On the fourth day it moved back down and is now red. A small jump was attempted yesterday...
Good afternoon my dear friend, Bitcoin closed three consecutive weeks green in September and this pushed prices as high as the red descending trendline shown on the chart. Each time this resistance level is challenged, we see a continuation of the bearish trend, a down-move. Immediately after the third green week, the proceeding week Bitcoin closed red, that's...
I just shared a chart for Notcoin (NOTUSDT). Here we are looking at Toncoin (TONUSDT). I would like to point out the differences. First, here is the Notcoin chart for comparison: ➖ Notcoin produced a bottom, a "valley." ➖ Toncoin produced a top, the "mountain peak." ➖ One is moving from the bottom up. It produced a rounded bottom; a bearish wave ends by...
Notcoin is ready to go again... Just recently we spotted a low on this chart and this low preceded a minor bullish move. This bullish move was corrected and ended as a higher low on the 3rd of October. We have the main low in September and higher low in October; Notcoin (NOTUSDT) is ready to go again. ➖ Current price action is bullish. We see the higher low...
Here we see the same chart patterns as with the other bullish Altcoins. Notice that the ones breaking bullish and growing 100-200% are the ones that produced a major bottom low. The ones trading really high like Solana and Binance Coin, for example, have not grown but instead have been moving sideways-down since March 2024. If you look at Toncoin, the recent...
Let's review this chart so that we can see what is coming to the rest of the Altcoins market. The dynamics here are the same as with the other pairs that I've been sharing with you. OG Fan Token (OGUSDT) hit a major low in July 2024, the bottom came in August. After this bottom, we have higher lows in September, slowly rising, and after one final drop in early...
Between August and September, Altlayer (ALTUSDT) produced a bottom pattern on the chart, the classic Adam & Eve. This happened below a low hit in July. As the action moves above this low, we are in bullish territory. Now, things can be tricky. This pair is set to grow and will grow based on the data coming from this chart. But, there can be another drop, very...
If we were to calculate our end target, $55.55 as a new All-Time High in 2025, from the June 2023 bottom, total growth would amount to 7,047%. With each passing day, week and month, growth potential becomes smaller. That is why I like to get those pairs trading at the bottom, near support. The lower the entry, the higher the potential for growth. Some pairs are...
Here we have a very nice chart setup because we have two sets of bullish signals; the first one is a double-bottom between August 2024 and October 2023 and the second one is a move above 'local support.' As long as RUNEBTC trades above this blue line, local support, the pair can be considered extremely bullish. If it moves below, the bullish potential remains...
Phoenix (PHBUSDT) is now showing really strong bullish momentum after recovering from a strong correction. This is the same correction that permeated the entire Cryptocurrency market and is no longer present for this pair. ➖ We looked recently at Phoenix vs Bitcoin (PHBBTC) and this trade-idea can be found at the 'Recent publications' at the bottom of this...
Dusk Network has been growing long-term, since 2020. We can see how the last bull-market developed in a total of three major waves. We have a similar scenario in this cycle. The waves look small here because we are using the logarithmic scale or else nothing would fit on the chart but, if you were to look at the linear chart you can better appreciate where we are...