nirrex

nirrex Updated 

FTM has confirmed a double top pattern, but that being said i don't expect it to break past the neckline. There is a chance that the yellow trendline will hold, but this is dependent on market conditions which are a bit shaky at the moment factoring in BTC and overall tech market. I do expect FTM to recover quickly after this correction, once again factoring in...

nirrex

As you can see FTM has had 2 accumulation phases which stretch from June-October, its a perfect time to start accumulating with low leverage/spot before it pushes towards the local supply. We are currently seeing similar pattern on a few different alts in the market, now that the majority of retail trades are staying on the sidelines until the market turns bull....

nirrex Updated 

Looking at the accumulation that has taken place since mid June with a small upside, BAL has been looking to breakout to its midterm resistances. Looking for a few dca entries within the demand zone!

nirrex

FTM has been on a steady downtrend, and is looking for a new leg up, not only technically but also fundamentally. A lot more users are starting to discover the possibilities of the FTM ecosystem. Presuming that the trendline from ath is respected then we can see FTM reach the $1.8 zone which is an optimal place for longs. Watch for rejection from the support...

nirrex

With the current market conditions we could see Luna follow a sideways channel until a confirmed breakout in the coming weeks. Luna touched strong support and if this holds you can follow the bottom red trendline. Personally this will ride a lot on the current situation of BTC, if we see BTC drop to 28k this sideways movement could still be valid. If BTC were...

nirrex Updated 

On the higher timeframe BNB is currently in a descending channel, if we break out of this 500 zone could see an upswing to around 550-600. If we stay in this descending channel its possible we see a retracement to under 400 demand zone. Consistency is key in these times!

nirrex

We will most likely see ADAUSDT range between 1.1-1.4 USD fundamentally for the rest of January. Cardano has been on a downtrend for the past 3-4 months and is looking for another break to the upside. Reasons - Highly anticipated launch of Sundaeswap which had some tx issues because of clogged network - Overall Crypto market in a dip - Tech stocks first drop...

nirrex

ETH n a descending channel on 1D timeframe, could see a rejection in the coming days 3400-3300. Looking to short from 3400-3300 area down to 3050-2950. - Mayo