After a massive bull run, Ankr was consolidating for 8 months, and broke out from the giant triangle with largest ever volume. On Nov 10 wee saw a perfect retest of the previous resistance.
Now the price has stabilized around 0.12. We may see continuous flat movement and relaunch anytime soon.
First target is previous ATH at 0.216.
A dream target would be with...
SquidGame token (Binance Smart Chain) was hyped over 1000x in sevral days, and was rug pulled by its original team. The price dropped from 2800 usd to 0.00000126 usd, and was recollected by community and market makers.
Now it is rising sharply to as high as 0.8 usd, and corrected to 0.25 usd.
As long as the original team was banned, this token has been totally...
GRTUSDT is drawing a giant symmetrical triangle on log scale, as well as a cup and handle pattern. It is stablized above 3D 21EMA. When it breaks out we are expecting a new ATH then 15-20usd by the end of this cycle.
Fundamentally, the Graph is an infrastructure really needed by blockchain world and Web3 era. It's like chainlink to the DeFis.
After play2earn and...
TKO is the token of Indonisian exchange Tokocrypto. This project launched initially on Binance Launchpad, and is heavily invested by Binance. Most coins it is listing are also on Binance. The token runs on Binance Smart Chain. You can even connect your Tokocrypto account to Binance (see wallet page on Binance). To some degree this is an Southeast Asia backup of...
Audius (AUDIO) is a decentralized music-sharing and streaming protocol. It involved music copyright, NFT, and Web 3.0 application. It is very unique project and is invested by both Binance and Coinbase VP.
After 7 months of correction, this token has reaching the tip of a giant triangle. Last 3 days it shows strong upside...
GHST is a GameFi project developed by Aave. We have already witnessed the insane 1000x pump of AXS (Axies inifinity), which proved that GameFi has huge potential. GHST now has a market cap of 155mil. Very low as a GameFi and Binance's coin.
The price history of GHST is showing an action of accumulation. Its movement seems...
XTZUSDT reached a new ATH at 9.171, and was fall sharply to 7.2.
Look at the XTZBTC chart you will see a 3-year trend line play as a resistance which stopped XTZ from going higher.
I can't tell you when XTZ will break this line. But this pattern reminds me of Bitcoin price action back in late July 2020:
After Bitcoin broke-out from its 3-year resistance, it...
Just now, BTC broke out from a mid-term resistance line, retested, then pumped hard to 55555usd. I see similar pattern on CAKE. The breakout is imminent. I don't predict price of few days. Let's see the real bull run target.
Now CAKE is in a half-year correction. It finished a classic Wyckoff re-accumulation phase and entered...
Tezos (XTZUSDT) is printing a classic Livermore's pattern (again, last time failed). It has shown strong momentum this month. Now it's moving to the upward band of log channel (see another idea).
Important checkpoint (major resistance): 8.0 USDT (September high), 8.4 USDT (ATH and completion of daily cup & handle...
Tezos XTZ has been in accumulation mode for nearly 3 years since launch. From a bull market perspective, it never really pumped. Its volatility was very tiny compared to many other ALTs in this cycle. The only explanation is that XTZ's run is yet to come.
The price was restrained in a logarithmic channel for 2 years. This is quite common for an ALT before it...
Orange line: BTCUSD shorts postion on Bitfinex
Blue line: BTC price premium on Bitfinex compared to Coinbase
Red dotted line: Zero premium
Candles: BTC price on Bitfinex
Note the volume
There was a whale borrowed 25000+ BTC on Bitfinex, and started a huge sell-off from 34500 usd. He stopped when price went near to 30k, and started to buy back. The evidence is...
To be clear, the bull market is not over. We will se BTCUSDT over 180k by the end of this year. Nothing changed.
BTC formed a rising wedge from Feb to April. Though it had higher highs, the momentum was weakening. A major correction was anticipated by many analyzers.
On April 18 the wedge was broken down, aiming the root of the wedge, which is...
Tezos has been consolidating for a long time. It has completed the first 7 steps of a typical Jesse Livemore's pattern. There will be a huge leg up.
Fundamentally, the ecosystem of Tezos is enriching. Tezos NFT marketplace hicetnunc.xyz is drawing a lot of attention. Soon there...
It's boring to draw CUP&HANDLE on every crypto chart.
But it is true. Almost every crypto that listed on CEX last Autumn has a similar pattern. Some of them has exploded, and some like DIAUSDT are still in consolidation. However, no matter how far they have gone, this pattern itself is extremely bullish.
We also have a bullish daily MACD.
Give it time. It will play out.
March will be NFT season.
Terra Virtua is an NFT project based on Terra (LUNAUSDT).
It was newly listed on Binance, and hold strong against BTC dumps.
TVKBUSD has broken the ascending triangle and completed a cup and handle pattern, within 10 days.
I'm taking a short-term trade on this one, and expect to have a 2x to 3x profit.
Not a financial advice. DYOR.