NEARUSDT analysis using the Unyx Data Today we take a look at NEAR and its current state in the market: - BRS: As usual let's get a feeling for the current temperature of NEARs price. We see that it is creeping up towards the over-heated zones 9 and 10 of the Rainbow Score, indicating that we should be ready to take some profits in the coming days. - BSR: the...
Paypal's stock price seems to be forming a nice bullish chartist pattern, a falling wedge, which has been going on since the beginning of the year. If resistance is broken, NASDAQ:PYPL could return to a nice uptrend, after numerous DCA buy points have been given by our " Magic Bands (PMB) " indicator.
After a long down trend and reaching a new ATL at $1.126 on september 24th, CAKE seems to slowly regain some positive momentum, but for how long? As you can see in our graph, the CAKE is moving since several weeks in the "Extremely Oversold" zone of the BRS as well as the "Clearly Oversold" zone of the PMB. Both the PMB and BRS sent DCA-buying signals, a total of...
Ocean Protocol (OCEAN) seems to be in a very strong compression and could therefore soon blow up! Despite a small fake out from the top, the other breakouts are just wicks that are very well recovered, as can be seen on the last two low wicks. A breakout from above could at the very least take us towards $0.42, and a breakout from below could see the asset fall...
Cardano is at the bottom of its range, on important support. In the same way as other current assets, such as the Binance Coin, losing this zone could send ADA back into a lower zone down to $0.14-$0.17. This would appear to be a very attractive area for accumulation.
After a very impressive performance of +120% in 12 days, RUNE is now showing some signs of weakness, with sell signals on the Strength Reversion (BSR), while the Rainbow Score (BRS) is approaching the red zone. We could possibly look for an entry-level buy around the $1.15 level, before continuing the upward trend.
An interesting buy signal is given by the Magic Bands (PMB) on Rocket Pool, which has come to find its lower bands after being rejected by the overbought zones. This signal is also given by the Rainbow Score Indicator (BRS) and the Ultimatyx (BUX). Will we be able to take advantage of a rally towards the central moving average at $38, or even to the upper bands at...
On the daily timeframe BNBUSDT seems to be in a nice position to turn bullish. • First of all, if we look at the BRS (the green/blue bands close to the price), BNBUSDT moves in the bullish range for the last two weeks. • Furthermore, we are close to a vital level confirmed by a support zone around the $200-$220 price level which is also its 52-week all-time-low...
On the ETHUSDT 4-hour chart we just saw 3 nice buying signals from the Blockunity Strength Reversion (BSR) and Blockunity Trend Identifier (BTI) indicators. As per usual let’s first explain what you see on the chart. On the side of the BSR we have: • In red the BSR Upper Line and in green the BSR Lower Line. • A blue arrow indicating that the Confirmed Reversal...
After the blood bath on the alt-market triggered by the SEC in the last few days, let’s take a look where Bitcoin stands as the week starts. For this we will use two indicators developed by Blockunity: the Blockunity Rainbow Score (BRS) and the Blockunity Trend Identifier (BTI). Let’s start with the basics and explain what we see: - In the middle of the graph, we...