LIT has painted a beautiful bull flag and now we have confirmation with price breaking out of the flag area (in blue)! A 1:1 extension would put our next target at $12. However, there are quite a few resistance levels to keep your eyes on, particularly at $9 which is also our previous ATH. However, once we break the old ATH, I think we should have a clear path...
XRP pumped and dumped, but there can be no denying that we're slowly grinding up level by level. Today we briefly touched $0.54 before being corrected. However support at $0.48 held well and now we should be good to go higher. Daily indicators look bullish and on 4h we have not had a bearish cross yet on MACD, so as long as this support line holds, were good to...
The Elon Musk pump got us out of the descending resistance only to fall back under it and on our previous support. Lets just call Elon Musk a market anomaly... 😋 So what is going on here... we are back at support. If we fall we go to 57% if we hold we should eventually break-out with or without Elon and go to 67%. This is sort of a critical moment. The...
GRT broke the previous resistance line and now we're clear to pump higher towards $1.5 which is our next resistance line. What is even more impressive is that GRT similar to KNC has been pumping today while BTC, ETH and most alts dumped. This shows GRT is very well positioned to make more gains. Indicators looking good. Let's see if the price can rise to $1.5...
KNC showed a lot of strength today by pumping to a new high while BTC/ETH dropped 9%! This shows interest in KNC is exploding and volume shows this as well. The indicators are as bullish as they can be and so is price action. Right now we are just under this $2.4 resistance line, but I expect us to push higher soon from here. Targets are at the edge of our...
ADA pumped hard these past few days, however does it still have enough fuel in the rocket to go to it's old ATH of $1.4? The daily indicators show no sign of weakness as of now and volume looks good. However if we fail to move pass $0.90 cents then we may be in trouble as on 4h timeframes MACD and RSI show a bearish divergence which will be confirmed if we lose...
ETH is in this curious wedge and bouncing between its margins. After touching the top, we formed a new ATH and resistance and were quickly pushed down back to support. If we fall off this wedge then we will go back to $1,400. If not the path upwards is clear and 2,000 is our next significant resistance. The indicators on 4h are not looking good. MACD did a...
BTC dropped 9% scaring bulls for a second, but really, this was a reminder that the market goes both ways and the greed we have seen lately had to be punished. However, should we be concerned? Not at the moment. We have quickly found support at $44k and now we are bouncing off this support line. You should become concerned if we fall under 44k, don't recover and...
BTC Dominance just broke out from its descending trend and we moved pass the resistance to make it support! The move yesterday when BTC pumped 8,662 in one day... well that made history (see my other idea on BTC liked below). What is curious is that now all market, including most altcoins are pumping hard. We have double digit or even triple digit gains a day....
EGLD has gone up 30x in the past two months... not bad right? :D Now the parabola shows we may be reaching a top soon as indicated by the blue apex which I expect to provide quite some resistance. The indicators still look very bullish, but the price actions indicates we are in the final stages of the pump and the volume on this last day has decreased, if this...
Tron broke out of its range and now is pushing higher fast. We have one more resistance before we are clear to go to $9 cents. The momentum looks strong enough to make this quite likely and soon. The indicators are extremely bullish and particularly on weekly timeframe we have a beautiful positive cross on MACD that will surely lead us into a great rally that...
After a historic day yesterday where Tesla and Elon Musk announced they purchased $1.5 billion in Bitcoin... BTC did the obvious and pumped $8,662 in one day. This is the LARGEST candle by nominal value in the history of BTC... I repeat 8k increase in ONE DAY! Are you not entertained? This is the beginning of a stampede to buy Bitcoin. Thousands of companies...
ETH is slowly grinding the ATH resistance line and if this continues price will break away from it towards $2,000! Once price reaches a new ATH we will have a run to 2k! Indicators are looking healthy, particularly on daily and we should expect further price gain. No reason to think otherwise considering how bullish the market has become. The market is still...
BTT did a nice 3x in the past few days, we briefly did a new ATH and then corrected quite sharply. If anything, this looks like a pump and dump. We will be unlikely to hold these price levels unless the momentum continues, however we're pretty overextended here. 4h timeframe does not look too good and we need to find some support soon otherwise we will continue...
FIL has broken out of its descending trend and in the past two days we did a very nice pump! at 50%! We are now quickly approaching our resistance at $40. The resistance at $30 had no effect on price. Will this still be the case? A bit unlikely, because we have pumped quite a bit and momentum needs to be maintained to do that, which seems a bit difficult since...
BNB touched the top resistance of the massive channel we have formed since BNB was launched and that did not hold us for more than 1 day... yesterday we broke out and today we mooned passing $100!!! Wow... BNB has been a very safe bet due to the fundamentals behind it (Binance being the biggest exchange in the world), but this exceeded all expectations, BNB...
DOT is in a steep ascending channel and shows a very bullish set of indicators after this latest pump today. MACD and RSI are curving up and looking good for a nice continuation, however, we have this resistance at $25 which may prove a bit challenging at first try, so expect a reaction there in price. Support is holding very well so far, no reason to think...
AAVE moved in a more steep ascending channel which seems to take us to at least $775 if this momentum is maintained! Right now, we are just under the resistance at $530 and we seem to struggle a bit here. This is also shown by the indicators with a bearish divergence on RSI and MACD losing strength. However, I am still bullish on AAVE as long as we stay in...