#The current weekly analysis coincides not only with the end of the month, but also with the year's one.
#Everybody wondering where the price is going, having behind us comperatively bad week so far and the 2nd worst month in 2021.
#The on-chain metrics suggest strong hands (> 1000 btc and > 155 days) holding firm and still accumulating ( with very small %...
#Atom looks set to test the stiff resistance at $32, which was previously serving as support.
- It will be hard, as the line coincides with the 100 & 50 day MAs.
- A breakout and close above it will lead to retest and continuation up to the all time highs as shown at the chart
- If not successful, the price will return to the lower supprt around $23 and continue...
#BTC with a crucial $5000 upmove in 8 hours, dispersing bear hopes, efforts and money.
-Still, the price has long way to go and few important resiatances to take over, before the real parabola could start!
1) The upper line of the descending channel , which coincides with the 100 MA on the 4h chart, at 58800 level.
2) The horizontal line around 61300 , which was...
To the attention of all traders and investors!
THE BOTTOM IS ALMOST IN! 52k-53k is the lowest point of Bitcoin!
All short term TAs and longer term on-chain metrics point to that:
As you can see on the daily chart the price is very close to the bottom of the channel and to the purple 100 MA.
And the Bullish Divergence on the 4h chart is still present.
On the other...
Is #Enjin going to follow Dot & Sol and lead the rest, by breaking the ascending channel ?
Incredible volumes this month and plenty of room to the upside, if we see successful breach , retest and close.
The gaming industry and communities are not to be underestimated!
The weekly chart of #Kava!
It's absolutely clear that the potential return is higher than the risk.
Even if the price touches the blue 50 MA and the bottom line of the channel, the chances to bounce and chase the upper one, during the upcoming ALT season, are enormous!
I recommend for staking, as some exchanges give 20% ! , but if leveraged, you can put a stop...
The pair looks extremely promising for long position at the moment! On both weekly and daily charts! ( Big volume, broken RSI channel )
Even though it has already started, there's plenty of distance to the upside!
First target: 200 yellow MA - 0.0000408
Second target: 100 purple MA- 0.0000443
Third target: The Moon!
www.tradingview.com
We have kicked off! This time for real!
Super bullish on the precious metals and super bullish on the crypto currencies!
Three major central banks reconfirmed last week the inflation was here to stay ( FED / BOE / ECB ) , so the hard assets and the crypto currencies are going to skyrocket!
Fill your bags with what is still on a discount ( preferably physical...
