hazzah

hazzah

In my last analysis we saw 1INCH holding the designated key level (see previous analysis) with ease, with a single wick going through the 1.56 area that got quickly bought up. So far the upward price channel that we defined early on has been respected with major pullbacks mainly caused by BTCs pullbacks (like many alts).Overall, 1INCH has held strong. If BTC...

hazzah Updated 

Last time I analysed 1INCH, BTC was at its ATH of 42k and we quickly saw it plummet down. Like most alts, 1INCH followed the pullback but held the 1.00 price level strong with a single touch going sub 1.00. It retraced back into the channel after a couple days breaking every resistance level along the way. Having reached the 2.00 price level before the end of...

hazzah Updated 

ZILUSDT recent upswing has seemed to consolidated nicely with a recent low point of 0.06. It's unlikely we'll see a lower price level on the short term as long as BTC maintains a sideways course of action. Like all alts, we need to consider BTCs movement into account when taking positions and ensure stop losses are set according to your risk management. We see...

hazzah Updated 

1INCH has formed a beautiful price channel on the 4H chart where we clearly can see how it is slowly going in an uptrend, buyers are definitely in control. However, like most alts, 1INCH is bound to the movement of BTC, the latest pullbacks we've seen is likely in co-relation with the pullbacks we have seen with BTC, so it's important to take BTCs price movement...

hazzah Updated 

WAVESUSDT made another attempt for the 6.11 resistance area forming a double top. The RSI also indicates a weak bearish divergent. If the current candle closes red, it's likely we'll see it retrace to the 5.4 levels. Trade safely.

hazzah Updated 

Last analysis (link below) we saw it respecting the rising wedge where it broke down to the 0.97 support level. Fortunately, it didn't broke down further and consolidated nicely at the 0.97 support. Currently we're seeing it develop into a wedge pattern and depending on how the last candle will close it will either respect the double top and pullback to the 0.97...

hazzah Updated 

EOS is currently in a falling wedge pattern with multiple failed attempts at breaking out. With BTC at ATH and considering it will have to retrace there's a likely chance EOS will follow the BTC movemen like many other altcoins did with the december 23rd drop (see similar patterns with other coins). So it is important to take BTCs current movement into account...

hazzah Updated 

Last analysis played out nicely and we saw 1INCH rising to the price levels of 1.40. If you kept the chart closely you noticed the bearish divergence on the RSI (or any other similar indicator) was a great opportunity to take profits as it indicated the pullback we see currently. However, there are 2 scenario's at play we need to consider before taking any new...

hazzah

In the previous analysis we identified a cup and handle pattern which was confirmed once it snapped out of the price channel The upward momentum was beautiful and on point. Those who entered the trade, congratulations. However, like gravity, everything that goes up, has to come down. If we take the 4H chart we see an evening star has formed in the previous...

hazzah Updated 

1INCH looks ripe for another rally. Even though we are limited TA-wise due to lack of data (because it's new and all), there's plenty of alarms going off that indicate we're going upwards. The 20EMA and 50EMA are about to cross on the hourly which suggests that 1INCH is turning bullish, we see it pulling back after hitting the 1.21 - 1.23 resistance area which...

hazzah

0 - 1 for now. In the current state, XRP is made to short.

hazzah Updated 

In my previous analysis we saw a possible price channel forming in the wedge hoping it would follow the channel. It quickly got invalidated once it broke out downwards. However it has hold the 0.075 support area with a significant price rejection and we see a possible double bottom forming, which suggests we'll see a continuation of the uptrend. However, we have...

hazzah Updated 

Seems like a double top is forming on the 4H and considering BTC is due for a correction, we might see it happen. Wait for the formation to break the support area for confirmation.

hazzah Updated 

We have an ascending triangle forming on the daily as well as all the moving averages diverging inside the triangle which suggests that it's building up for a rally. There wasn't much significant action going on after the downtrend in August other than swing trading opportunities, but it looks like it's ready to burst! Take long positions according to your risk...

hazzah

We've seen a nice 50%~ increase over the last couple of days that has come to a stop at the 0.021 resistance area. We see a double top is slowly developing on the hourly which suggests a bearish reversal. We'll know for sure if the pattern has completed and breaks through the given support area. In that case, we can setup our short positions. Trade safely.

hazzah Updated 

All altcoins seem to be in a retrace due to BTC retracing to 26500 levels. We also see BTC Dominance increasing which often means altcoins follow the BTC downtrend (in some cases faster than BTC does). In LINK's case we'll likely see a retest to the 11.73 resistance level.

hazzah Updated 

ZILUSDT is currently at a crucial point considering we see a wedge forming on the hourly. One can argue that this is a bullflag we're seeing, but it all depends if it holds the support area and breaks out of the local resistance area where we're seeing a lot of selling pressure between the 0.85 - 0.88 price levels. If it breaks out the local resistance area, it is...

hazzah

This is a very common pattern with new altcoins introduced to exchanges. A parabolic move followed by a bleed out period. Like all new altcoins, this period is where we see the token going into discovery mode trying to find its actual value. In case of GRT we are seeing it has somewhat consolidated around the 0.32-0.35 price level. However, considering it's a new...