QNT is up 400% since June which is an amazing result for such a market. We had a plan to buy QNT lower but it did not reach our buy zone and rose despite a new wave of declines on all top altcoins. Now we come to resistance. We do not recommend buying now after such a rise, but we allow a breakout of resistance and growth to the next one at $331 If you...
From a technical point of view, if most of the coins are on the chart at point A and falling down, then EGLD has started to go in front of the market, has passed through the 50th and 100th MA and trying to hold above them, which is already a positive sign. We would wait for more consolidation with going up and potential targets of $59, $68, this scenario is...
$SPY is now at an important support, we are already trying to break through it, touched the weakly 200 MA. Also at the level of 353p. there is a monthly 50 MA, there is a chance that we will test this and the main thing for us in this area is to find support with a quick exit above 365p. If this level is broken, our next target is around 325p. This week the...
The situation has not changed since our last forecast. We removed the low at $18,500 (in liquidity zone 1) We have a liquidity zone below $17,600 where there is a big chance to go down (liquidity zone 2) Now the market is very fishy with a lot of fake movements, a similar market was in early May and early June, after that Bitcoin showed new waves of...
Project Galaxy #GAL Token sale took place on: Coinlist Current ROI: x1.7 Investment: $10 million Project Galaxy GAL is one of the leading Web3 credential networks. Built on an open infrastructure, the network helps Web3 developers and projects use digital credentials and NFTs to build better products and communities. At the seed round, Multicoin Capital,...
Analysis of IMX at the request of a subscriber! Immutable X is the first layer 2 scalable consensus for NFTs on Ethereum. The project's blockchain eliminates the limitations of Ethereum, such as low scalability, poor user interface, illiquidity, and slow UI. Users benefit from instant trading as well as zero gas fees to create and trade NFTs without...
On the technical side, PYR came to the zone in which it began to grow in 2021. At the peak, the project was listed on Binance. After that, we saw a drop, but if you look at the volumes at the peak (Binance and KuCoin) on which we fell, they are not that big, compared to what we see now at the bottom. PYR has already been sideways for 145 days. If we hold this...
Let’s have a look at rising #RSR RSR is the native token of the Reserve Protocol platform launched in 2019. The long-term goal of the protocol is to create a stable decentralized global currency, protected from inflation and at the same time not pegged to any fiat currency. The project uses RSR to secure the value of the Reserve stablecoin (RTokens) through...
I wonder how the chart of physical gold looks like in the current realities There used to be a well-established narrative around the world that gold is a tool to save money from risk. However, now, in the context of the newly aggravated situation in the world , gold does not grow, but sinks after American indices. But, apparently, investors prefer keep money...
Today is the time to update the S&P500 forecast ,from our last forecast the only thing that didn’t go according to plan was a false exit above 400p but quickly returned to support and without seeing any buys we broke support and reached our first target . For now I am not considering any reversal scenarios after this breakout On September 21, we expect another...
📈 Bullish scenario for EWT - corporations and green energy Energy Web Token - helps web2/traditional companies use blockchain technology to access and manage green energy assets, built on EVM (Ethereum Virtual Machine) The project has partnerships or working together with Vodafone, PayPal, Shell and many others. The project also was mentioned in a press-release...
Pancakeswap (CAKE) — the token remains one of the most favorite of the audience, constantly getting into the ratings for social activity and trends. It seems to me that #CAKE will take its rightful place in the BNB ecosystem in 2023-2024. Plus, all the time: - Emission is limited. - % of rewards in CAKE pools are cut - which reduces the inflation of the...
One of our readers asked us to do an HBAR analysis. Technically, I don’t see any signs of strength and I’m waiting for the lows to be broken out in the near future, we have a preload to a level that I think will be broken and we will wait for HBAR around $0.04 because we don’t even see any significant volumes and buyer reaction in the current zone, so maybe it ...
FTT is an FTX exchange token and has many usecases on the exchange, just like any other such token: burning tokens for a 1/3 of exchange revenue, discounts on fees for holders, use in various exchange activities, also institutions and investors pay expenses in FTT tokens by purchasing a "white" version of the FTX OTC portal and futures market. In a sense, betting...
We wanted to write this review earlier, but we see that the coin is already starting to move. The accumulation has already lasted 4 months and a quick fall redemption. Now there is an exit from important movings. If today we fix above $5.9, then I see an increase to $7.7 and then $9.1.
You have been asking for an updated analysis on Ethereum for a long time. We decided to wait until the transition to PoS is over and make a review. From a technical point of view the situation has not changed much. We were not able to hold above the key $1700 level, We captured buyers and shorters’ stops and showed another sharp drop. Now we are falling much...
Bitcoin Stops were caught as we expected, even a little higher. That one-day drop that we saw in all markets does not bring anything positive in the short term, as we wrote in the last post about Bitcoin that the rapid engulfing of growth can lead to a strong fall and a possible update of the lows. If we move below our up candle ($19350) the probability of...
Today we have on analysis BNX coin, which is probably the strongest on this bear trend 500% growth this year. We are now seeing a rise in every low and a squeeze towards the $143-150 resistance zone. We see 5 months of accumulation in this triangle and all signs are that the move will continue upwards