BTC is in a tight range which I expect to break-up, similar to ETH. We are quickly approaching the end of this formation as indicated by the blue ascending triangle. The apex will be resolved by tomorrow. The BTC rocket is ready to breach this resistance and soon aim for a new ATH at which point the escape velocity will reach the speed of light and take BTC...
Attention, attention. BTC Dominance has fallen under the 60% support line... this means, ALTS are back on the menu! Enjoy the feast! This is an important technical level which was breached by price with two daily candles going under 60%, this is significant and I see BTC Dominance continuing to fall = alts will pump. The next most relevant support is at 57%,...
LINK is posed for some nice gains as soon as we pass this diagonal resistance with two possible targets: $31 $34+ This trade is confirmed as soon as we have breakout as indicated by the green arrow. The reason I am bullish is because MACD and RSI are moving up and momentum is building, once we clear the resistance, it will be a very quick move to our...
ADA is in a flat/sideways trend. This is not the best trend to have if you want to make profits, at best you can try to buy support and sell resistance or short resistance to support. However, one cannot know when this trend will change, so best to wait for a breakout before entering into ADA. On the bullish side, this can be considered a well deserved break for...
Litecoin has been trying to move higher for the past few days, but with this volume, it may as well go to sleep because it won't move price anywhere. This is not just a LTC problem, rather most coins including BTC have seen a decrease in volume in the past three months... so I expect April to bring some fireworks as we may get a spike in volume, question is which...
FIL has done the impossible. It pumped when the market dumped today. BTC hunted stop losses and liquidated people. What did FIL do? It pumped! FIL is totally disconnected from the broad market and lives in its own world. For this reason, I don't see why it can't continue to $200 and beyond soon. As shown on the chart, we seem to be on a parabolic rise which ...
ETH looking bullish, despite the stop loss hunting today on BTC (see my other idea below). On this 4h chart, price is still under resistance thinking where to go next, however on larger timeframes like daily we are bullish and I expect us to clear this level and re-test ATH soon. I don't recommend an entry here, rather, best to wait for a clean breakout, same...
BTC gave a false hope that we will pass the resistance at 59.5k earlier today only to end up painting a darth maul lightsabre candle. Leverage shorts & longs were punished in the same candle and stop loses or liquidations on both sides were triggered by breaking both local support and resistance. Once the damage was done, price returned to the mean/average......
CRV has moved very nice in the past few days, now reaching a key resistance level at $3.7. Once we clear that resistance CRV will have a clear path to $5.7. MACD on daily is bullish, with a nice expanding MACD on the positive side and RSI is also moving higher. The only thing we lack is a bit more volume. However, do not jump now into CRV, best to wait to see...
OMG price action is looking juicy lately and we're just under this resistance at $6.8 which I expect to fall soon and OMG will move higher. Once we break above this local high we should have a nice rally towards $10 and above. On a longer timeframe, aiming for the previous ATH at just over $20 is a good target. MACD moving on the positive side is also bullish....
VTC has been chilling in this channel within a range of about 20% since early March, with barely any attempts to push outside. However, this won't continue forever... since there are some signs we may pump soon, at least to like $0.90. On Daily, MACD is about to cross on the positive side... this would be the second time in March and usually the second cross is...
What happened in February to Stellar? Do you remember? USDC (the most trusted/certified/compliant centralized stablecoin) was added on the Stellar network... meaning people can send and received USDC using the Stellar network for nearly 0 fees and instantly... What happened today? Visa announced integration/adoption of USDC on its massive network... How many...
ETH like BTC broke the resistance on the VISA news (see my BTC idea below). This is bullish and so long we make the 1,750 level support, we're good to hit $1,900 and above if this momentum is maintained. This break was on decent volume, particularly on BTC. The indicators are also turning bullish right now with a positive cross on MACD imminent. If that is...
If yesterday BTC was looking like it wanted to re-test our support at 50k, this morning VISA announced that it will accept $USDC transactions as payment. The company plans to expand the service to other partners in the future. The news sent the price of bitcoin soaring. See here for more: www.coindesk.com We asked not long ago when Visa will take a bite at...
1INCH is correcting similarly to BTC/ETH (see below my ideas) and I'd not be surprise to see it soon re-test the $3.5 level which is a prime buy opportunity for some nice gains if you plan to go long on this coin. As such, I'd be interested to set some limit buy orders in the yellow area as that has been re-tested as support quite a few times and likely will hold...
ETH presents us with a bearish price action whereby we are forming higher lows, similar to BTC... this makes me believe that unless we break the resistance on this chart, we're likely going back to $1,400 minimum. This would correspond to BTC re-testing $50k as well. The indicators are rather bearish, with momentum being lost on this push higher and a nasty red...
Bitcoin has formed a large descending triangle and we have formed another lower high as indicated on the chart. This is bearish on the short term, therefore I do not recommend entering a long here on BTC or alts, simply because we are likely to re-test the $50k level again before a breakout can take place. If that happens, it will be a prime entry for longs,...
ETN is in a massive rally which is closing on our first significant resistance at 10k satoshi. The indicators are looking sexy, volume is up, risk appetite is off the chart. ETN is ready to explore higher levels. I don't see much resistance until our first target, hence, enjoy the ride. Like and follow if you liked this idea! Also join my crypto community to...