Aave is an open source and non-custodial liquidity protocol for earning interest on deposits and borrowing assets. A huge ecosystem with multiple essential projects integrated to its protocol, AAVE is an essential mega player of the Defi Space. More interest and cash flowing into Defi will see projects like AAVE, CRV and 1INCH booming. Currently it has shown huge...
BCH - Bitcoin Cash is a fork (variant) of bitcoin that was branched off in 2017. The technical difference between Bitcoin Cash and Bitcoin is that Bitcoin Cash allows larger blocks in its blockchain than Bitcoin which, in theory, allows it to process more transactions per second. BCH has underwent an insane run from 683 to 1611 from 23 April in mere weeks, now...
BTC currently showing short term bearishness and price action weakness, for the bulls to regain enough bullish liquidity to test 59300 resistance region again, we need to see a dip down to our strong support zone at 51500 to 52525 region (white box) confluence with the 0.382 fib. So far we had repeated touches at the support line of 53000, the support confluence...
SXP has been respecting fib levels to the dot and only recently, it has managed to hit an ATH at 5.638, with a major strong support validated at the 2.52 zone. On the larger timeframe an obvious cup and handle has been forming over several months. Now we look for a retracement along side BTC approaching resistance, with ENTRY LONG targets of 0.618 to 0.5 fib...
REQ/BTC is a coin I personally hold on spot for the mid to long term upside gains. REQ has found significant support at the 0.5 fib level (208) after its break from the lows to hit a local high at 351. Right now its currently forming a bullish pennant , alongside low volumes, this suggests a strong consolidation and a breakout of the flag sooner or later. Seller...
A quick update for you guys, its been a long time, I apologize for the MIA due to school and university duties and studies. Will be posting some quick updates now and then for quick profits : ) Highly bullish, forecast to dip back down to maybe 30.5 or 30 range before bouncing back up to our next target near 33.5 BUY THE DIP SELL THE HIGH
Here we have an easy safe short with potentially large reward to risk ratio. A head and shoulders formation can be seen nicely formed, with large rejection wicks in the H4 time frame, EURGBP seems to be preparin for a fall through the somewhat weakening support line @0.88808. I see a standard fall to retest the support line, this can be a quick short scalp...
Good day traders! An update on EURUSD shown with explanations in the chart above.
At the moment we can see the 0.382 Fib level establishing itself as a formidable resistance level, with a rejection at this area by XAUUSD bringing it down to the 0.236 Fib level, where some consolidation might occur here before continuing its downward journey to the WHITE main support line @ 1695 area. On the whole, we can see clearly from the H4 Time frame the...
We can see on the H4 and D1 chart that EURAUD has accumulated enough sell pressure to breakdown from the support line of the big descending wedge, with today's highs being rejected by the bottom of the wedge line, hence flipping it to resistance @ 1.65504 Now we take a look at the technicals - MACD going over into the red, deeply in the SELL zone - Sell volumes...
So far NZDUSD has broken out of the channel it was previously ranging in since the start of April, shooting to the highs of 0.62280 to retrace back to the channel top line at the moment which coincidentally overlaps with the 0.786 fib retracement level. Expect a bounce from here to the next strong level of resistance @ 0.62637, which previously served as a strong...
GBPUSD has broken out of the channel, validating it as support after touching and rebounding off the 0.786 fib level where it is at. Now, it is currently rising above the 1.0 Fib level, I see an upside continuation with technical indicators MACD crossing into the green in the buy zone and heavy sell volumes (big red volume bars) failing to reverse GBPUSD's bullish...
Morning to all and good day traders! Today I am giving another update on one more altcoin I have high hopes for: The BAT TOKEN, along with the brave browser potential. Right now we see BAT trying for its third time to retest the highs of resistances @0.295, last touched in Nov 2019, before a huge selloff typical for most coins, as the year comes to a close. From...
Good day and welcome to my page, for the past few days I have been relative busy with work, back again today with a new update on an altcoin I have been watching: CARDANO ADA Fundamentals & News: - Shelley, the latest update for Cardano. It will start rolling out the network between June 30 and July 7. - Multiple dates for the update to watch --> 9 June beginning...
I think by now, it has and always has become apparent that cryptocurrencies like BTC are susceptible to whale market manipulation - meaning those with large % of BTC holdings are able to manipulate the price of BTCUSD to a certain degree to stop out many small time traders, enabling themselves to massively profit from the large surges in price change in their...
This is one coin I would be watching closely, historical data shows a previously strong resistance line having turned into a strong support line in the Daily time fram D1, which is also the 0.618 Fib level. Now, ZILLIQA is currently attempting to retest the resistance level 1.0 Fib level after rebounding from the middle area of 0.786-1.0, at the moment, we see a...
Writing this in the clearest and most concise manner as LINK/USD is surging as I write. Remember to do your own research too. Trade of BUY has been entered with targets 1 @ 4.52 USD and target 2 @ 4.86 USD. - MACD is heavy in the blue with strong bullish momentum in the H4 time frame - Buy volume spikes are steadily growing - LINK has just broken out of a strong...
Hello and Good day to all, I am very happy today with the previous forecasts hitting WAY ABOVE EXPECTATIONS. Thank you all for your support! As a way of giving back, I am doing an analysis on this up and coming coin: IOTX TOKEN, support me by liking and following! I will really appreciate it and let us grow together, one day I hope to become a top trader and you...