This XRPUSDT review is a continuation of a previous global idea, so it's worth reading it first. Now, we hope that you understand the logic of thoughts from the previous idea , and let's look at the wedge on the daily timeframe. We slightly adjusted the edges of the wedge. The fact that during the May fall the mirrored level of $0.75 withstood the onslaught...
A local wave of decline in the BTC market, which sellers began on June 4, was able to break the lower line of the consolidation triangle down. However, after a 3-week price movement in a narrow consolidation, the downside impulse should have been aggressive and clearly on large volumes. This wave of decline showed the BTC market that: - Sellers are not ready...
The drop in th e [b ] Polkadot (DOT ) market by 72% in one week significantly reduced investor interest. An attempt to form a new wave of growth , which buyers began on May 23, is more like a wave of correction. If at the beginning of the growth wave formation the trading volumes were increased, now we see that the buyers' fire is extinguishing before our very...
Hello, today we wanted to make a review of the TfuelUSDT pair The main feature of Tfuel at the current time is that its price is growing without looking too much towards BTC. Now the price of TfuelUSD is approaching the critical level of $0.685 , at which one of two scenarios can start working out: 1) Fixing the price in the range of $0.685-1 and short-term...
The breakdown of the downward consolidation triangle in the BTC market certainly affected the entire crypto market. However, does this fact mean that a new wave of decline has begun and the cryptocurrency market is facing a new phase of depression? Looking at the LINK price , we can see that buyers have managed to maintain the liquid range that we wrote about...
Automata Network - A decentralized service protocol providing privacy middleware for Web3 dApps Yesterday, with the start of trading, the ATAUSDT price made more than x100 per hour from $0.04 to $4.50 Now that the hype has subsided, it is time for buyers and sellers on the chart to "negotiate" a fair market price. If buyers do not let the price drop below ...
Consider the BNBUSDT chart on the daily timeframe The May drop in BNB price stopped in the $215-230 liquidity zone, which we noted as an important target in the previous idea. After that, we got an almost 100% bounce of the Binancecoin price upwards. Is this the end of the upward bounce? We hope not. In the coming days, we expect another upward impulse in...
For almost the second week, the ETH market froze in an intriguing consolidation below the mark of $3000. After a powerful wave of decline that ended on May 23, buyers began to recover the ETHUSDT market. Although trading volumes have been low over the past week, there is no denying the fact that buyers are confidently managing to keep control of the lower...
The protracted consolidation in the LTC market is coming to an end. Before the consolidation, 2 unpleasant events happened. Unfortunately, buyers were unable to keep the boundaries of the trend channel, in which the price moved from December 23. In addition to the trend line, buyers lost an important range $220-230 , from which the LTC price began a new wave of...
Judging by the vote in our BTC idea MATIC is very popular among cryptocurrency traders, and they have high hopes for it. Let's see if these hopes are justified. In the previous global idea, we warned that the fall in the price of MATICUSD could start sharply, starting from $2.35 The fall was strong from $2.70 to $0.75 But then we were expected by an...
We do not know what is more frightening for market participants at the moment - the past panic wave of the fall or the very passive recovery of the cryptocurrency market . Indeed, if we look at the charts of most coins, we see that an attempt to start a new wave of growth looks very dubious. Low trading volumes and a strong decline in volatility give the...
In April-May 2021, the ZILUSDT price tried to renew the maximum, which had been held since May 2018. However, the price of ZILUSD could not confidently do this, and as a result, in May 2021 we saw a drop from $0.25 to $0.07. Now the price is trying to recover, and the critical zone from above is $0.174-0.194 If the price can gain a foothold above this zone...
For almost 2 weeks, after a powerful fall, the cryptocurrency market has not been able to recover. A prime example of this is the Cardano Project (ADA) . This coin proved to be quite strong on the strait. Of course, this market did not escape a powerful wave of decline. A powerful rebound in the price to $2 per day gave a lot of hope to investors in the...
Our subscribers and readers under the idea: "An alternative scenario for the movement of BTC for 2021" asked to consider the TWTUSDT trading pair And we heard them because they write that TWT is a promising token and the price can grow and grow. Let's analyze what facts can be seen on the TWTUSDT chart 1) From August last year to the recent high, the...
A month has passed since the publication of the previous global idea of the CHZUSDT trading pair. In this idea, we warned that the coin requires correction, as a result of -40% in the value of CHZ and a minimum of $0.366 Now it turns out that the correction turns into a consolidation triangle Those interested can try to trade within the triangle, the...
The loss of the critical liquid range of $3.6-3.75 had a very negative impact on the 1INCH market participants. After a powerful wave of decline, which began on May 9, sellers managed to lower the price of 1inchusdt by 76%. The main trading volumes were recorded on May 19, when sellers began to break through the liquid price zone of $3.6-3.75. After...
Hello, The negative background in the cryptocurrency market does not disappear, and the mood of traders has largely changed to bearish, the hope for an upward rebound is disappearing ... Three months ago, we started warning about the possibility of such a scenario on the BTCUSDT chart, predicting the movement along the fractal. But we did not stop there and...
The weekend trading in the crypto market turned out to be quite passive. Of course, it is much more comfortable for investors to be in the market, which drifts without volume within the limits of consolidation, since the weekend of May 22-23 was the most depressive. However, for us personally, the situation with low volumes on a potential local bottom is...