SistineResearch

SistineResearch

Ascending triangle breaking upwards Breaking out of >600 day down trend Flipping 3x long MPL into support Flipping 3:1 risk/reward level into support Flipping 1x short MPL into support Target is MPL and RR cluster at ~0.000001000

SistineResearch

I'm bullish mid-term and long-term on $ETH due to the merge, but short-term price action could be affected by CPI data tomorrow. The market is definitely holding its breath today. Red horizontal line is major resistance as it is the 2x long MPL and 1x short MPL converging. Breaking above this would be very bullish. Meanwhile, we're trying to make support on top...

04:22

SistineResearch

AVAX has been massively oversold and undervalued for the last few months. We've seen a strong relief rally thus far that may be sustained until $34 - $39 IF we can turn $27 into support. If $27 does not turn into support and BTC and ETH see a correction, we could see price action for AVAX take another dive down to the low 20s.

03:40

SistineResearch

AVAX has been massively oversold and undervalued for the last few months. We've seen a strong relief rally thus far that may be sustained until $34 - $39 IF we can turn $27 into support. If $27 does not turn into support and BTC and ETH see a correction, we could see price action for AVAX take another dive down to the low 20s.

SistineResearch

Optimism, a layer 2 scalability play on Ethereum is currently trading at an $8.2B fully diluted valuation, as compared to Polygon's $9.2B valuation. While TVL (total value locked) on Optimism is soaring, it's still only $1.1B compared to Polygon's $1.7B. We're likely just seeing a rotation of money chasing DeFi opportunities in the Optimism ecosystem as there...

SistineResearch

Bitcoin momentum is slowing into resistance, however, RSI remains above 50, meaning daily BTC momentum is still bullish. Taking a long position on the terminal pattern (yellow) results in a 3:1 risk/reward ration with our reward scenario being a re-test of the downtrend line, and our risk scenario being a break of our current up-trend. This is a short-term...

SistineResearch

SNX is resting under its trendline (log view). Full disclosure, I entered a small position in SNX based on this. Not financial advice.

SistineResearch

Assuming $43k is BTC's new local low, these are my price projections for Bitcoin's next pump. #btc #bitcoin #crypto

SistineResearch

These are my price targets for NANO's next big move using my margin buying pressure strategy. #nano #nanousd

SistineResearch

Stepping out of my comfort zone and doing some technical analysis on a coin that has only been trading live for a few days: Litentry (LIT). Using our margin buying support levels, we can predict a 2x move up to $14 from the most recent support level of $7.00. Entering this trade on 2x isolated margin under $8 is ideal, because it places your stop loss below $4.11,...

SistineResearch

For anyone that owns NANO, it's up 14% in the last hour and looks like it may pump today. Worth keeping an eye on that charts if you're someone who plans to trade it. If it does pump, first price target would somewhere around $10.00 to $10.50. First rebuy target would be around $8.00 with potential to rebuy as low as ~$5.30. #NANO #NANOUSD If you do trade,...

SistineResearch

Bitcoin has both a bearish and a bullish path, both of which inevitably lead to a $60k Bitcoin in the coming months. In the unlikely scenario that Bitcoin falls below the $30k support line, expect strong support at, or just under, $25k. A dump to $25k would be a full 40% correction from its $42k all time high - par for the course and something we've seen Bitcoin...

SistineResearch

Ethereum is a Bitcoin copy cat and always has been. As Bitcoin is poised to make another bullish move, Ethereum is following in its footsteps, one move behind. BTC tested its December 2017 all time high around $20k, dipped 11%, then rallied for the next 39 days to reach a new all time high of $42k. ETH has just retested its Jan 2018 all time high of $1420,...

SistineResearch

The mid-term price target for Balancer is between $30 and $36. As one of the most promising DeFi platforms built on Ethereum, Balancer continues to gain value in this altcoin cycle. As a new altcoin, Balancer's price action is relying heavily on Fibonacci lines for support and resistance. After cooling off down to somewhere between $19 and $15, Balancer's bull...

SistineResearch

So long as this alt cycle remains bullish and unbroken by a Bitcoin correction, another CRV pump is highly likely, this time to $2.50. $2.50 - $2.60 is a key level - it is both previous support from when CRV initially launched and fell from its overvaluation of $10+, and the next Fibonacci line. Fibonacci lines are a very strong technical tool when used on new...

SistineResearch

Profit takers are depending heavily on fibonacci lines to time the entries and exits, as DOT has so little previous price history to provide support and resistance levels. No matter how you draw the fib lines on the latest pump, they always line up with key highs and lows. The next Fib target puts DOT at $21, which is conservatively within reach should this...

SistineResearch

Assuming the crypto market remains in an altcoin cycle, and Bitcoin and/or ETH don't crap-out in the next 7-8 days, we can reasonably expect another NANO pump between now and Jan 26 as it's bullish continuation pattern comes to a head. And when NANO pumps, it PUMPS. My positions have been taken and I'll be aiming to take scaling profits along the way. Good luck...

SistineResearch

This is a textbook bullish continuation pattern. First a new local high is achieved (A). Then a fairly deep correction occurs (B). In hindsight (B) always looks like a great time to buy, but remember, in the moment the pattern has not played out yet and it can be risky to try to scalp the bottom of a retracement. Price consolidates on a slowly building...