CryptoNikkoid

CryptoNikkoid Updated 

NYSE:SUI is a new blockchain with a very good project, extensive ecosystem, and strong venture capitals. It suffers from monthly token unlocks and a lot of inflation. However, it has the potential to follow in the steps of Solana and could be a good long-term investment. What does the chart say? We had an M pattern formation that turned into a downtrend...

CryptoNikkoid Updated 

I do not like $BONK. The meme is horrible, the community on Telegram is full of bots and chatter, and there are many shillers on Twitter. It is a CRYPTOCAP:SOL coin, and they will do with it the same as they did with SEED_DONKEYDAN_MARKET_CAP:ORDI or CRYPTOCAP:WIF : pump it to the max and then throw it away. However, until that happens, it is a hugely...

CryptoNikkoid Updated 

SEED_DONKEYDAN_MARKET_CAP:FLOKI , like other altcoins, is suffering from the recent CRYPTOCAP:BTC pullback. However, the downtrend does not last forever, and we are close to the bottom. SEED_DONKEYDAN_MARKET_CAP:FLOKI has failed three times to break the resistance around 0.00015. The best entry point is around 0.00013, which guarantees a trade with a +10%...

CryptoNikkoid Updated 

Check the chart. We are still in this descending wedge channel, and to go higher, we need to break through the top resistance. We may succeed and reach 100k, and the bull run could finish next week. Or we may continue to consolidate. This idea focuses on the second possibility. - Moon boys are all chanting 81k, 100k again. That is a sign that the market is ripe...

CryptoNikkoid

CRYPTOCAP:PEPE , like all altcoins, is suffering from the CRYPTOCAP:BTC selloff caused by MT.Gox, governments, Grayscale, etc. Its price is now in consolidation before the next move. I forecast an altseason around September/October. Now is the time to seize any opportunity to accumulate at a low price. In this chart, I identify the supports and resistances. ...

CryptoNikkoid Updated 

CRYPTOCAP:INJ or Injective is my best bet for the end of the bull market. I believe it will exceed expectations and surprise all the meme coin enthusiasts. Here’s why: **Facts:** - Launched in November 2020, the team continues to innovate and push the project forward, more than any other L1 competitor like $AVAX. - The mainnet is stable and has never crashed or...

CryptoNikkoid Updated 

The TVC:DXY is experiencing a cooldown, as indicated by the MACD. It was overbought and needs to relax a bit. However, this is not a reversal; it is just a reaccumulation. The inverse head and shoulders pattern suggests a target of $106 if the pattern stops at the bottom of the right shoulder, returning to its previous level and ready for more uptrend. A buy in...

CryptoNikkoid Updated 

The first 30% of this bull run has been dominated by the CRYPTOCAP:BTC and ETF narrative. A massive FOMO, unprecedented, has propelled CRYPTOCAP:BTC beyond its all-time high (ATH) even before the halving. However, when retail investors began purchasing at prices above 70k, smart money decided to take profits, leading us into a downtrend for BTC. We are now...

CryptoNikkoid Updated 

As you can see in the chart, CRYPTOCAP:BTC dominance is showing a pennant flag consolidation pattern. This might give some relief to the altcoins that are bleeding, but unfortunately, this pattern is a bullish one, and CRYPTOCAP:BTC dominance could grow up to 57% before having a pullback. Do your own research (DYOR). I hope I am wrong since I own a lot of...

CryptoNikkoid

Quick idea to show that the Hash Ribbon indicator has turned green on 1D an Hourly timeframe. The MACD is about to touch bottom and reverse. These are signs that this correction is about to end. The SPX 500 just needed some cool down before continuing its uptrend, starting Monday I think.

CryptoNikkoid Updated 

"Bitcoin price is set to skyrocket in the near future, claims an analyst on X. The analyst pointed out that the supply of BTC on exchanges has crashed." There is this common misconception that because the number of Bitcoins held on exchanges is getting lower every passing day, this will create a supply crash and push Bitcoin to the moon! Actually, if you scratch...

CryptoNikkoid Updated 

I have invested and made good money trading SEED_DONKEYDAN_MARKET_CAP:ORDI for a while. I have ridden the rise and sold at $69, missing the peak and feeling bad at the time. Now my sentiment about SEED_DONKEYDAN_MARKET_CAP:ORDI is very bearish, and I will explain why I will stop trading it. Here are several events that have happened and are red flags: 1. ...

CryptoNikkoid Updated 

Is Bitcoin ( CRYPTOCAP:BTC ) heading toward a -50% correction Armageddon? That is what the weekly chart seems to suggest. I hate to be the pessimistic guy, but you don't need to be a trading and charting expert to see the similarities between 2021 and 2024. What could trigger this massive correction is the incredible pump that the ETF has created. Imagine, for...

CryptoNikkoid Updated 

SEED_DONKEYDAN_MARKET_CAP:FLOKI , like all altcoins, was hammered when CRYPTOCAP:BTC had its -20% correction. But now it shows all the signs of recovering. - The CRYPTOCAP:BTC correction seems to be over. - SEED_DONKEYDAN_MARKET_CAP:FLOKI has just launched a trading bot that is burning tokens every day. - SEED_DONKEYDAN_MARKET_CAP:FLOKI is on BNB and ETH...

CryptoNikkoid Updated 

What do we know? SEED_DONKEYDAN_MARKET_CAP:BONK is related to $SOL. If CRYPTOCAP:SOL dumps, SEED_DONKEYDAN_MARKET_CAP:BONK dumps as well; if CRYPTOCAP:SOL pumps, SEED_DONKEYDAN_MARKET_CAP:BONK pumps. SEED_DONKEYDAN_MARKET_CAP:BONK has entered the resistance zone and stopped its freefall. The FOMC meeting on Wednesday has a high probability of...

CryptoNikkoid Updated 

Are ETF investors ready for crypto? The recent pullback has seen BlackRock and Fidelity purchasing a lot of CRYPTOCAP:BTC even though they don't really need it. Most of their ETF investors are currently losing money, and the stock market is parabolic. I think we don’t realize how dire the situation is. What we are seeing is the bulls trying to prevent an ETF...

CryptoNikkoid Updated 

CRYPTOCAP:INJ is a great project, solid, supported by good technology, but currently undervalued. It is, for example, much better than $AVAX. CRYPTOCAP:INJ might have quite an impressive market cap this cycle due to its resilience and overall quality as a project compared to others. Also, CRYPTOCAP:INJ has no more unlocks. CRYPTOCAP:INJ is in a bearish...

CryptoNikkoid Updated 

CRYPTOCAP:RUNE is an established DeFi protocol that works and is solid, based on its own blockchain, Thorchain. No token unlocks, all tokens are vested, making it relatively safe from rug pulls. However, like many other altcoins, it has been overheated and is undergoing a drastic cooldown. This pattern is a classic one, easy to identify, and therefore the target...