Solchat is a new communication protocol on Solana and they have achieved the first audio and video calls on the blockchain! Cofounder of Solana, Anatoly Yakovenko was so impressed that he shared the project multiple times and even went on the first ever video call with Solchat's founder. The app already has over 2.2K users and just a month old. Integrations with...
Devve, a layer 1 blockchain with 8m tps focused on ESG just launched and currently sits at a 15M market cap. It has has a French license and perfectly fits the institutional cycle we're in. Check their official website for more info. Breakout is near with testnet launch in March. Already above downwards sloping resistance. A break of $1.50 would lead us towards...
I've been exploring some opportunities in the Solana ecosystem and given the massive dex volume there, I see ORCA as a true gem to be one of the biggest performers in the ecosystem. It was already one of the best 15 performers in the market during 2023 but with only a 270m market cap, it has a lot more upside. I expect a main target of around $70 during 2024 or...
Quant Network is set to go higher when it breaks $110. Detailed TA on the local zone in the chart: - HTF breakout - HTF retest - Needs to break and retest $110 to fly. This is the first time since 2021 ATH that Quant has broken and retested its downtrend. Good things come to those who are patient. Zoom out chart to see high timeframe.
Shopping.io is one of my 100x or die bags, meaning it either pumps or it dies. Simple as. Thus, only located a little of my portfolio into it and it will need some patience to play out. Yet, its a working product and integrated across many different crypto platforms and stores such as Amazon. What it does? Simple shop online using crypto. Awesome use case and a...
The bear market seems to be over for stocks, thus I'm hunting gems in crypto. PLANET seems to be an interesting project given its efforts for the environment (hot topic atm) and unofficial backing from star football player Lionel Messi. They are still very new and only at a 68 million market cap (fully diluted) - thus anything can happen from here. I decided to...
Solana been on a good run but did hit it's breakout target out of the W formation against ETH. I would stay cautious at this point, also because I believe it's way overvalued and just running on hype. Many superior chains with more adoption around, but that's just my opinion. Ethereum however, still is the main chain and didn't run as of yet. I expect that to...
Good morning, Bitcoin has been leading the recent crypto rally thus far but given its huge market cap we know that wouldn't be the case indefinitely. Fundamentally solid alt coins will step in as institutional demand will ramp up for their utility (not price). More on that in my previous analysis of Quant Network (linked below). QNT vs BTC is currently in...
After correctly giving you the Bitcoin and Chainlink bottom, I think it's time to look at some other alt coin opportunities. One project I'm definitely bullish on is Quant Network: $QNT. Very low max supply of around 14M coins, no inflation but above all currently heavily involved in Project Rosalind, a joint experimentation of the Bank of England and The Bank...
Chainlink holders have been in pain ever since May 2021 (the point where I sold around $48) but luckily after hard times, the strong survive and good times are coming. We tapped the last imbalance and the 6.18 as a macro support which lines up perfectly with the spring phase in the Wyckoff accumulation scheme. To me it looks like we will exit this sideways chop by...
Dear friends. 2022 was a tough year for the market with the Fed putting a hold to the tremendous inflow of capital on the markets and reversing its damage after being confronted by record inflation. The Fed did a good job by acting fast and decisive (something other central banks did not or could not do) it resulted in a USD bull market and a bear market for risk...
With the collapse of Silvergate Bank and Silicon Valley Bank, the bears have took the upper hand in crypto market during the last few weeks. Even though the fact that USDC has depegged is troubling and their 3.3B deposit at SBV even more so. It will take a bit more convince me we have arrived in a new 2008 scenario. In short SBV was mismanaged, they betted...
Bitcoin, the world's first decentralized digital currency, has come a long way since its creation in 2009 by the mysterious Satoshi Nakamoto. In the early days, it was primarily used as a means of exchange for buying products online, particularly on the dark web. One of the most iconic moments in Bitcoin's history is the "Bitcoin Pizza Story," in which a...
Dear Friends. It is absolutely time to prepare for long positioning in the crypto market. As you can see on my chart, we are currently in the last and 5th wave down towards the golden 6.18 FIB level. Yes, I have used my own custom crypto FIBS that represent the volatility of the crypto market and as you can see these levels correspond very well with market tops...
The main support and resistance levels of Bitcoin during 2021 mapped out. Our top for 2021 is in at 69K, the question remains what we could expect for 2022. In my opinion we could expect more downside unless we break resistance and close 2 consecutive weeks above the bull market support band (now at 52,5K). Like I said in my last idea, we have been in a mark up...
Hello friends. Theres a lot of stuff going on in the crypto space but we keep our head clear. We flipped net long on our portfolio after BTC's last drop to 15K as we believe this is the 5th wave of the impulse down. If you are interested to see our portfolio, please refer to the links below. We expect a rough ride till at least the end of November but we see a...
DXY is done after the US CPI reading. I do expect something like a double top but the dollar momentum is over. Also check my DXY analysis below that I made before the DXY went parabolic and see how it exactly topped at my resistance area. I moved back into the crypto market yesterday and I did so during June lows aswell. If you want to know which coins I bought...
Ethereum is taking the stairway down to take the elevator back up.