I want to draw your attention to the fact that a technical analysis pattern called a double top is forming on the MATIC chart. In case the local neckline, which is at a strong Fibonacci level of 0.618, is broken, we can expect the price to drop to around $0.56. I believe it may be a good idea to place buy orders for the asset in the zone of $0.58-$0.60. Please...
Hello everyone! I suggest considering entering positions based on the current values on Sandbox. Recently, the asset managed to break and sustain above the 200-day moving average EMA, and then break the global resistance level in the ~$0.49 range. The following targets are in place: $0.7 - +36% $0.8 - +56% $1.01 - +99% Please note that this is not financial...
Hey, everybody! How bullish CONFLUX looks! There are upside signals on absolutely all timeframes. On the weekly timeframe a bullish candle has formed, which absorbed all the previous weeks of consolidation and price decline. The main restraining factor for the price growth now is EMA 200, after its breakdown I expect the continuation of growth up to the area...
Hi everyone, it's time to talk about ETC. For more than a year the asset has been in a large accumulation zone and the stopping factor for the price growth was the 200 day EMA and the descending trendline, which is one of the facets of a symmetrical triangle/descending triangle. The price recently managed to consolidate above the EMA-200 but further growth was...
TomiNet has been following this project for a long time and so far on the chart everything looks not quite bullish, but against the background of the growth of the whole market and the latest announcement from the developers that they are going to make an important statement at Binance Blockchain Week that will be held in early November in Istanbul, I expect a...
Hello everyone! Bitcoin is forming a rising wedge on all time frames, with a potential target around $33,000. If the price breaks and holds above the upper resistance line, then the idea becomes invalid.
Attention everyone! On SOLANA, a head and shoulders pattern has formed, and the neckline has been broken at the moment. We can expect a decrease in price to around $43. Although there is a possibility that the decline will be stopped by a strong Fibonacci level of 0.618 and the presence of the 200 EMA in this area.
Hello everyone! I have a great idea regarding NEAR. With the recent upward movement, NEAR has broken out of the accumulation zone, surpassing the first major resistance level, as well as the nearest strong Fibonacci level of 0.236 and the 200-day moving average (EMA 200). Currently, the asset is within another range of resistance/support, and in a bullish...
Hello everyone! Last time I did a review on DYNEX, I mentioned that I expected a correction after a strong rise to around $0.85-1.02, and then I anticipated a continuation of the upward movement of the asset. However, it didn't quite turn out that way. After the correction to $0.85, the asset continued to decline to around $0.63, and there were further price...
Hello everyone! Synthetix is another asset that has been trading sideways for a long time. On average, the movement from one side of the trading channel to the other is 50%. Currently, the asset is in a good buying zone. The RSI indicator also shows that it is oversold. Targets on the chart. This is not financial advice, and anything you do is at your own risk.
Hello everyone! I suggest you take a look at HOOK. After a long decline, the price found its bottom around $0.71 and has been in an accumulation zone for 70 days since August of this year. Currently, on the chart, we can see that the asset has successfully broken and tested the descending trendline and further broke a strong Fibonacci level at 0.236,...
Hello everyone! Today, I want to continue with the idea about CETUS. The asset successfully reached the 0.382 Fibonacci level, bringing in a 58% profit. Now, we can expect a continuation of the upward movement towards the final target at the 0.618 Fibonacci level, resulting in a total profit of 109%. I consider it advantageous to enter a position after breaking...
Cetus Protocol. A new project positioning itself as a DEX to provide liquidity for the SUI and APTOS blockchains. It was listed on major exchanges in May of this year. For me, the project is an investment opportunity. As for trading, I suggest looking at the chart. Currently, a local uptrend support line and a strong resistance level around $0.045 or 0.236 on...
Hello everyone! After the announcement of the Web3 wallet from Binance, TWT started dumping and the token lost more than 30% from its peak price. Currently, I am observing price stabilization, and we can consider a small upward movement for a correction after the drop. The target of $1.61 aligns with the golden ratio at Fibonacci 0.618. Entry can be made after...
Hello everyone, today we are going to look at Solana. For half a year the asset was moving in the sideways channel and failed to overcome the EMA-200 and Fibo level of 0.382. The price went to the correction to the support level around 13$. Now we can expect a breakdown of EMA-200 and movement to 0.382 Fibo level. After the fixation above this Fibo level, you...
Hello everyone! I suggest you take a look at the cryptocurrency WING. This coin is known for often experiencing pumps. At the moment, there is a good opportunity to catch an upward movement, possibly up to around $8.4. Currently, the price is attempting to break the 0.382 Fibonacci level, and the EMA 200 is also in that same zone, which I believe could provide a...
Hello everyone! DOGE has been in a prolonged sideways movement for exactly a year with gradual decrease in peak price values and updating of local lows. This movement formed a descending wedge formation, and upon breaking out of this formation, the price should reach the range of the widest part of the pattern, which is also confirmed by Fibonacci levels. If a...
Hello everyone! If you're looking for a hefty profit and are willing to wait, then take a look at NEO. On the weekly timeframe, you can see that the price movement is very similar to the price movement in the previous bear market. Back then, there was also a long sideways period that lasted 847 days before the price surged upwards. Currently, there is a...