Currently Bitcoin has stopped at the 60k support but isn't looking all that great. This is the 3rd attempt to break out completely, but each time it has failed miserably. The ATH was right at the R3 weekly and the support was right at the old resistance. Slightly lower we have a key diagonal coming from the 29k bottom + horizontal + weekly P + CME gap at 59k +...
Super clean setup. Qtum had one of the largest capitulations vs BTC. Now reclaimed support, above the Yearly P, retested R3 monthly + Volume Profile PoC and it looks very nice and steady. Old coins have been doing well and their trend is very clear. IOTA, ZEN, NEO, EOS, BCH, LTC, DOGE, SC and that could continue for some time. Lots of layer 1 protocols, most are...
DGB is one of the older coins and has been lagging significantly. Definitely one linked with SC & DOGE which also did a full cycle vs BTC. Look very nice and healthy and in my opinion once it closes above 200 sats it could easily go much much higher. It has a pretty big fan base and I am surprised it hasn't pumped yet given that many coins that have similar...
Not much to be said other than it looks like DNT before its previous breakout. Both DNT & CVC look very good and like MANA are some of the coins that are on Coinbase but not Coinbase PRO. Maybe they'll get on PRO soon? s3.tradingview.com
NMRUSD on Coinbase just broke its previous high since its listing. It has been a massive under-performer, but usually has had massive spikes. I can't see how some coins on Coinbase will not pump a lot at all. Currently it is essentially at a 2x from its bottom vs BTC and could easily do another 2x from here. It has a quite special chart both vs USD & BTC and when...
1. Mainnet lauched a few months ago. You can stake to earn BTC 2. Was one of the biggest laggards early on. Also one of the projects that got talked about a lot in the past and people slowly forgot, but it is one with pretty big goals 3. Largest and cleanest triple bottom / accumulation, with a gigantic breakout and retest. 1+ year long and looks super clean 4....
Flow still not listed on many exchanges, but I believe many will follow soon. Dapper labs being valued at 7.5B is definitely a big boost for FLOW as NBA topshots are on it. Flow is in a nice uptrend and isn't showing much weakness. The recent correction didn't affect it much, especially vs BTC. Most of the weakness in alts is coming from BTC and not from alts...
After the Coinbase IPO, Ethereum and DeFi have gotten a boost again. My belief is that many of the people on Coinbase are big on Ethereum, but also we've exhausted most narratives. We've gone full circle and back into Ethereum and DeFi again. Despite the crash Ethereum recovered quickly and recovered fully which I think was a bit surprising, but the ETHBTC chart...
Not much to say about Balancer other than it is a very important DeFi protocol, with traction and lots of things coming up for it. In terms of price action it looks a lot like Uniswap and they are both ready to go higher. The resistance has been tested many times already and the breakout is coming!
MKRBTC could potentially have a massive breakout vs BTC after attempting to go higher several times. Potentially one of the strongest DeFi coins
Pretty clean and simple setup. Celo has been one of the biggest laggards so far, but it has been listed on Coinbase, has big backers and recently got a big investment by Deutsche Telekom.
HBC is a centralized exchange token that hasn't done very well so far. This 'gap' up is potentially because of split/redenomination. But it looks very nice and strong. Higher!
After the Coinbase listing it is one of the few coins that didn't just collapse. Incredible strength and benefiting from adoption due to high fees on Ethereum. Beautiful cycle on the way up and the way down, with a key breakout in this area and showing strength.
TITAN looking fairly strong here with tons of tests at that resistance. Definitely one that could have explosive price action similar to other Huobi gems like CRU.
Now I don't know if there will be a pullback, but that retest on that massive breakout definitely looks great. Maybe a little pullback and then higher, but so far it looks fantastic. The test of the triple resistance on that cup and handle formation makes me think a double from here is possible.
Looking very strong here. One of the best fan tokens on Chiliz/Socios right now. Compared to BAR or ACM or JUV... because PSG is still in the Champions League, people could keep on buying and the trend looks very strong.
This resistance will eventually break and SONM could fly. Not many coins have been little affected by this downturn, but this held well. Now that other coins in the computing/storage sector also look good this could be big.
Not much to say here. The listing on Coinbase is a big plus, for a coin many people talk about and is ready to move higher. All support levels have been retested, we had a big drop that took everyone out and now it is getting ready to move much higher. The setup is just beautiful.