It seems that revisiting pre-covid high of 3400 is programmed. We should pray for a healthy bounce to resume long-term upward movement. If not, we can expect to visit 2000 on SPX. Trend lines on chart are from 1945 when modern dollar-backed global economy began. VHTF - zooming out for historical perspective
BAT USD is approaching the parabolic growth trendline which has traditionally been a very strong buying opportunity for all crypto assets on parabolic growth long-term (Ethereum, Dogecoin, Syscoin).
HTF is at a strong support, with a confluence of launch of native DEX on Brave Browser (with 50 million monthly active users, 20x higher than Uniswap...
key support line holding for many years has been broken and now NMR is approaching ATL, offering a generational buy opportunity with a ~800% upside to BTC
clear HTF ranges determined no clear direction until it's resolved. most likely range bound for several more months, unless some major event makes a decision
TLDR: a massive cup and handle pattern over 4 years on a log chart. Extremely rare to find, especially in crypto due to scarcity of coins with a multi-cycle history. Last time such a pattern was observed on DOGE/USD pair in Autumn 2020, at $0.002 $DOGE.
Background FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN...
Background FA: BAT announced Fundamental Partnership with Solana and launched own DEX in Brave Browser (100m monthly users), making it a direct contender for Uniswap, $UNI (which has 3 million users and market cap 10x bigger than $BAT).
Background TA: BATBTC Pair broke out of Long-Term Downtrend with highest ever volumes, sending the BATUSD pair into ATH and Price...
Background FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN corporation, Merge-Mining with Bitcoin , making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to $BNB ($100b Market Cap), $SOL ($100b Market Cap), $ADA ($100b Market Cap) and $ETH ($500b market Cap). Market Cap of...
Background FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN corporation, Merge-Mining with Bitcoin , making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to $BNB ($100b Market Cap), $SOL ($100b Market Cap), $ADA ($100b Market Cap) and $ETH ($500b market Cap). Market Cap of...
Background FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN corporation, Merge-Mining with Bitcoin, making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to $BNB ($100b Market Cap), $SOL ($100b Market Cap), $ADA ($100b Market Cap) and $ETH ($500b market Cap). Market Cap of...
Background FA: BAT announced Fundamental Partnership with Solana and launched own DEX in Brave Browser (100m monthly users), making it a direct contender for Uniswap, $UNI (which has 3 million users and market cap 10x bigger than $BAT).
Background TA: BATBTC Pair broke out of Long-Term Downtrend with highest ever volumes, sending the BATUSD pair into ATH and Price...
Long Term Downward Trend Confirmed Broken and Reversed for BAT/BTC, with BAT/USD breaking All Time High and going into Price Discovery Mode
volumetrics and on-chain stats indicate massive buy-in by whale wallets. Firm support established at 2,000-2,200 sats. Next support to establish at 3,700-4,000 sats range.
HTF targets for Take Profit 8,200 sats and 11,400...
Clear breakout of prior macro downtrend is followed by bursts of micro trends with general direction upwards. We can expect 120 sat to be reached within the next few days. If Vechain release good news on 15 December it could serve as a catalyst for the boost. Overall bullish short and medium term
The breakout against BTC pair indicates that DOT is due for a short-term rally to approx 5k SAT level. Similar breakouts in the past led to rallies of 16-22%. However, here we can be more conservative due to markets being neutral and target a moderate breakout up to 5000 sat level. If BTC remains relatively flat, this provides a profitable opportunity to ride the...
DOT USD pair is looking strong, especially with wider markets of BTC being flat/undecided, this breakout provides a short-term opportunity for traders to target 5.03 USD on DOT. Clear support at 4.4 USD established for short term and held even during strong BTC dumps.
