OnChainDigital

OnChainDigital

There is really no reason to buy Chainlink here. The chart looks very bearish after it broke down again. Places to buy would be lower at around $10 or higher at $20 when the risk for downside is lower. COINBASE:LINKUSD

OnChainDigital

If Bitcoin has put in the low for the week, then possibly reversal up to $35,000. The past 5-6 weeks the wicks on the weekly candle have been pretty big, so if we are following the same as last 6 weeks, should get a move up. Break lower would most likely be big BITMEX:XBT downside.

OnChainDigital

The Graph Protocol has had a pretty significant retrace from the highs early this year. One thing that is concerning about GRT is the tokenomics are very poor. Over the span of 2021 around 5 billion coins will be released into the circulating supply. This will most definitely have a impact on price of the coin. COINBASE:GRTUSD A couple levels to watch for, you...

OnChainDigital

Badger has been trending since its $90 ATH in the winter. Dropping $90 to $6.80. At the very least a relief rally is due. Buy volume is increasing slowly, which is a sign of accumulation. FTX:BADGERUSD

OnChainDigital

AAVE broke through the $300 support level that has been building since Feb. Now trading back above the level it is time to look for longs into ATH as there is now a clearly defined risk to reward set up that we can follow. Generally when support breaks and trades under price should have a difficult time getting back above that level as sellers are now more...