Have mentioned this names a lot since 14/10. For trading, might take profit / buy point @1.1026. Overall, it is a promising project to pull on-chain data to off-chain and create insightful analytics. It also has great token utility for different parties from stakers, developers, end users etc. Long-term investment with small position is actionable. Full...
Solid uptrend during market volatility. Although there is not much exciting project / traction compared with Polkadot, some projects mentioned in Art of Trades Paid Channel have enormous upside.
Trading very tight and consolidating at pivot level. L1 is relatively low risk as well.
The waves are looking good with volume contraction pattern on TA. For FA, although NEAR is not top blockchain like SOLANA or DOT flooded with capital or sexy projects, NEAR is now ranked at #48 on Coinmarketcap, which is a little bit undervalue with its easy to develop, multi-chain composability, stong developer community.
Reverse H&S with a nice contraction during this pullback as we as recent 4hr candles.
Pullback buy 42.34 details and rationale are basically the same. DOT is kidnapping VCs with the upcoming auction.
Trend following and VCP - SAR - 9 21 EMA crossover
Fib resistance, resistance level and expect risk-reward ratio are indicated on the chart. Bullish biased. One of the most exciting project on Polkadot, Acala is on the road to launch. The project is backed by Coinbase Venture and high probability to have the success like its sister project - Karura.
A side chain of BTC. It will be less likely be affected by BTC dominance as well. From TA perpsective, it looks explosive if break the trendline resistance with volume. Now volume is contracting.
$BTC failed to break the strong resistance level at 58K. Yet, it also strongly rebounded from 54K to continue its bullish trend. Another attempt to break 58K is set to go.
$BTC Dominance is now at 48.29%. $BTC continues to drain alt coin and $BTC month is confirmed.
The downtrend line provides a great entry for breakout trading, especially if volume continues to contract and hold the price above the support level. SAR also turns green, indicating an uptrend. Col-5 must be huge with Stargate and IBC. No changes on the Fib. Purple lines are the key resistance/support level to monitor.
Ascending triangle. Simply Bullish. Not to mention the strong uptrend on hash rate.
$PRE technical looks actionable. Holding up the uptrend with low volume pullback above key support level. $PRE is a search engine with a marketing function to stake $PRE and buy a keyword. The engine is pre-installed in the Android phone in Europe similar to Duckduckgo to anti-monopoly and protect privacy.
Not much resistance on top. But it need strong volume to pump as indicated by OBV. Be patient and wait for several retests for confirmation. Please also be aware of the airdrop gonna unlock on 6/10
$BTC is trying to finish the right side of the W bottom with ~41k level as a support and 45k as a resistance level. Upside target at 47k and then 49k level.
SAR, OBV flashes buy signal with the strong influx of China crypto from CEX.
The volume keeps going up. Luna is also in a good spot with the taper as it has Anchor as a lending tool. Add / Sold with the horizontal line.