The dip was too far, doesn't look like the 50% line is going to hold it for long. Most likely NANO is heading for the turning point 10207 Satoshi. However, this story looks too simple to be true, we've been here long enough to expect a twist in the plot. Maybe big daddy Bitcoin will have something to say about it.
Many are calling to go long on ADA now. So I take a close look. Fibonacci 0.786, is pretty much the only thing Cardano ADA has going for it at the moment. I see no Bull signal anywhere yet. Many people have high expectation for this coin, myself included.
Corrections usually goes overboard. Yellow trend line is my take for the ADA true value. Should...
Pressed under the Purple, held up by the Red, squeezed by the Yellow. Even if it breaks out of that it still got the Green celling above. Once out of the Blue it will be in Bull mode again. Best to hold out at the moment and keep an eye on it. Look very much like destination X, soon.
By Trend, Fib Retracement and Fib Trend base time. Chart is pretty nice and simple.
VEN might just hop arround the 0.5 line to the yellow target then go up from there. Most likely it will go to the 0.616 at the orange target before heading up hard. Basically chasing the Yellow Line (true value). So the deeper it goes the harder it'll grow.
This is a...
Rule of thumb for jumping down trend line is that it must go back and stomp on the line. By this it guarantee that it will not go back down there again.
Neo tested the red trend, orange trend, blue trend, but he did not cleanly pass the baby blue trend and couldn't stomp on top of it. Now Neo is punished and he must stomp on top of the purple trend. The...
VeChain now rebranded to VeChain Thor. Know as VEN now is changing to VET
It is one of the most promising project in crypto presently. Which is why it grew from 2,200 Satoshi per coin to 81,670 in as little as 53 days. If you do the math, that is more than 36 times gain (+3600%) in less than 2 months.
It ended the run on Jan 21st. Because of the...
Came out of major downtrend with a CUP and HANDLE formation, but got hit with RSI double top, and again with HEAD n SHOULDER. Saved by a support line from previous double top. What looked like a potential charge ended in a BULL TRAP.
How strong is that support? Better to stay out of ETH plane at the moment until it level up.
NEO took a dip after initial ONT airdrop hype.
It still landed above previous downtrend and afloat it's new found progression trend.
Hang on for now, because if that spike was wave 1, we'll be in for a treat on wave 3 and 5.
It's a trench battle between SELL WALL vs BUY WALL here.
If first you don't break through, send in the second wave of attack. If that doesn't work, send in the third. If that still doesn't work, pull back and wait for reinforcement.
Now with ONT paratrooper as an ally, let's go at it again.
If BUY WALL don't succeed this time around, SELL WALL will push it...
Looking good ahead.
Waves are easy to project mathematically as it has speed and magnitude, but the slightest interruption can easily change it's course. The classic advice is to trade what you see and not what you think. As it is in life, always expect the unexpected. That is neither FUD nor FOMO just the calm awareness. Have fun.
Flash Dumping machine it seem, but one man's trash is another man's treasure.
Concave Curve built positive momentum, helps to remember the smiley face.
Nothing is for sure but VeChain seem like a very promising coin to hold onto.