Taidotrading

Taidotrading

The bitcoin price re tested the 47 K USD area resistance zone and got rejected. The price closed the week with an inverted hammer, which is a bearish candle. We are now heading to a re test of the 39 K USD support area. The price action in this region will be determinant for the trend that will follow ! Either we will form a higher low for the first time in this...

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TLM has convincingly broke out of the 0.41 USD resistance zone with strong and increasing buying volumes, this region will now act as support and our stop loss has been positioned is a profit zone. As we told on our previous analysis, our first main target is the 0.88 USD zone. patience is the key ! The content covered in this publication is NOT to be...

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BTC USD closed yesterday under the 60 k region, i believe the price is heading to the low part of this ascending channel, which is the 54 k USD region The content covered in this publication is NOT to be considered as investment advice. Thank you all, If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the...

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BTC/USD is still in consolidation phase on the daily timeframe, as long as we stay in this channel (black lines), the bullish trend is intact. A weekly closure tonight above 60 k USD would signal the end of the consolidation period. The crypto market is very volatile, it's very important to take distance and watch the big picture to not react emotionally when we...

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TLM / USD broke out of its accumulation patter, and flipped the previous resistance into support ... We announced the breakout yesterday on our twitter Great days ahead for TLM! The content covered in this publication is NOT to be considered as investment advice. Thank you all, If you enjoyed this analysis please mark a thumbs up and do not hesitate to share...

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XRP / USD has been in an accumulation phase since many years now, i believe that we are arriving in the last phase of this accumulation period which announce a possible heavy breakout soon. We are arriving at the end of a cup and handle pattern, which is a strong accumulation pattern we are seing a high compression of the volatility low volume transactions we...

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As we saw on our previous analysis (28 oct), Polkadot were accumulating under its previous ATH and we talked about the high odds of polkadot breaking it. Today, we saw that the all time high has been broken on a daily tf, with strong volume and successfully retested as a support. With this successfull breakout + flip of the previous resistance into support, we...

Taidotrading

Polkadot is entering a very interesting phase in it's development. On the 11.Nov the "PARACHAINS" auctions will begin, this event is a milestone in the ambition that Gavin Wood hve for an interconnected blockchain framework. On the chart analysis, we can already see how this event is positively affecting the price action. DOT has been rising from 33 USD support...

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RUNE THORChain, this protocol referred as " The internet of blockchain" is a leader in the development of the DEFI, The protocol’s native RUNE token had a 35% increase Thursday after trading interoperability with the Ethereum network was re-enabled. As you may know if you follow our discord channel, we are investing and accumulating THORChain rune since the...

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The bitcoin price has had an amazing run of approximately 50 % the last 3 weeks, however, there is some sign that we can't ignore and we have to be cautious in order to react in a appropriate way in front of the next price action. Bitcoin has had a 50 % increase the last 3 weeks but we can notice an anomaly on the volume / price analysis. The buying volume are...

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Rune (thorchain) has had some difficult times with the 2 hacks it has suffered these past few weeks Those tough times and bad news has led the price to visit our liquidity area of 3,10 USD zone, which was a crazy opportunity that we could not missed ! Now that we broke out the resistance zone of 5,60 USD and turned it into support, we are heading to our first...

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Bitcoin's price is back in the top of our range 28 k 41K usd Since my previous analysis of BTC USD, we saw that the bulls stepped back in and reacted with lot of conviction on the lower part of the range, which invalidated my bearish scenario at the time Today, The inability to break the resistance zone of 41000 k usd with conviction has led the price to...

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Hello everyone, As i was showing on my last BTC USD analysis on the 28th of April, when the btc was at 54 k, i was saying that the price were showing sign of weakness and its market structure were forming a distribution pattern. I had 2 prices target, 36K USD and 30K USD that we both reached. Since then, the price has been ranging between two zone, 41 K usd as...

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AAVE just broke out of the accumulation phase on the daily time frame, according to the Wyckoff accumulation pattern. Flipped the previous resistance into support ... I believe the expansion phase will be strong First target : 580 usd, then we will be heading into price discovery ! Enjoy the ride The content covered in this publication is NOT to be...

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Here is my analysis of the btc price on the daily timeframe After a year of, buy the dip, higher highs and higher low,i believe we have to be cautious here and not neglect the fact that bitcoin is for the first time creating a lower low... - the previous support broke out to the downside and is now acting as a resistance. - we have some strong selling...

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Another DEFI project that is going to blow some faces ... - Inverted HS validated on the daily time frame - Breakout of the resistance line with strong volume - Flipped the Resistance into Support - Bounced on it and now we are entering a strong EXPANSION PHASE First target written on the chart Enjoy the ride Patience is a key in this market The content...

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QUARKCHAIN has successfully broke out of it's accumulation phase ( W pattern) and successfully flipped the resistance line into support, Now QKC is entering a very strong expansion phase which is supported by strong volume There is a lot more to come and our targets are written on the chart ... Patience is a key in this market The content covered in this...

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We are monitoring ALGO since the beginning of it's bullish trend at 0.40 cents ... (first analysis of Algo below) On today’s analysis, we saw that Last week we successfully reached our target 2 (written on the chart) and we closed above the weekly resistance (Blue line on the chart) that has been built since September 2019. Now we are actually flipping this...