Bitcoin has been printing bearish momentum for a long time and 50 SMA will be crossing 200 SMA for the 3rd time in Bitcoin price action history. This ended up with brutal downsides in the past and .618 Fibonacci retrecement is waiting for us which is very well respected since December of 2020. If that Fib level can hold, it might be an epic bounce and we might...
RADIX (XRD) is DeFi only chain just like Fantom. The project has huge backers, the big dogs and it has a strong community behind. I am not shilling the project, however, this project might have the potential to pull a Fantom like price action by 2023 if you can be patient enough and buy in increments. This is not a buy today get rich tomorrow project; it is rather...
-- PA Bouncing Off 200 SMA, Positive For A Possible Upside Momentum
-- PA MUST BREAK and HOLD above 50 SMA
-- Stoch RSI Ticking Upwards
-- Positive Volume Coming In, Market Is Buying The Bullish Idea
-- Possible Aggressive Entry Zone For A Possible Upside Momentum
-- Idea Invalid if PA breaks below 200 SMA
XPRT (Persistence) has been consolidating for over 2 months now and with the bullishness of the market the price action is approaching range high. If the PA can break above range high, we might most probably see much higher prices. These kinds of accumulations for long periods of time end up with explosive price moves.
Bitcoin has been amazingly bullish over the past few and the monthly chart justifies this idea. Hidden bullish divergence is playing out on the monthly chart as well. We may need to zoom in to lower time frames to get in to the trade or buy in every little bitcoin pullback. Overwall, Bitcoin is extremely bullish and we may see another final bull run.
Verasity (VRA) is trying to hold on to 50 SMA on this 8 H chart and if Bitcoin cooperates, it might break higher; if not, more downside could be possible. 50 SMA is a very strong indicator which is very hard to break on downside movements but it is a strong support on most bullish movements. Lets see...
Persistence has been in an accumulation period for well over a year now and the price action has just touched its initial price when it was announced in public after the private sale seed phase.
Price action is now showing bullish divergences everywhere and its now heading back upwards after taking the liquidity from the market price of last year.
It might well...
Persistence (XPRT) is under heavy accumulation for an extended amount of time. It is now being listed on Huobi which may now enable some more liquidity and attraction to the project. Price action is tradind right below the S/R zone; so if it breaks and retests that zone, we might possible see much more upside.