Keeping this one short. Head and shoulders forming on the 4H chart and a strong RSI and CCI bearish divergence currently which XTZ reacts to wach time. Expecting a drop down to the neckline at around 1.85.
Ape seems to be forming a triple bottom at this level which has acted as support recently. Multiple bullish divergences on multiple timeframes (daily, 4H and, 1H and 15m) Open interest is steadily climbing to the levels seen at previous all time highs, implies people are expecting a move. Fibs line up with two supply zones and a previous lower high and I expect...
Another short analysis. EGLD is currently consolidating at monthly/weekly support that has been tapped 3 times previously. All 3 times it has bounced from this region (60-70 dollar region. Multiple Bullish divergences on the 4H. A long from here with invalidation below 60 dollars. Aiming for the supply zone that starts at $72 Targets: - 69 - 72 - 76
Another short explanation. Bearish divergence forming on the 15m and a double top from the 6th June. Currently in a strong supply zone and i expect to be rejected from this area. Set a tight stop loss as Funding is very negative and could trigger a short squeeze above the supply zone.
GST is just another SLP in disguise and will follow the same path to near $0 dollars per token. Fully diluted value is $163,852,528. Axie's SLP is $31,051,739 which is a much bigger game in comparison showing this is far too overpriced. It has an unlimited supply only propped up by a few burn mechanisms. As more people enter the game and generate more GST as...
Keeping this one short. Head and shoulders forming on the 4H chart and a strong RSI and CCI bearish divergence currently which XTZ reacts to wach time. Expecting a drop down to the neckline at around 1.85.
COMP has broken out of a month-long consolidation period and major demand zone between 323 and 300. On the daily chart we can see MACD about to crossover to the bullish side as well as a +50 RSI pointing upwards. Volume Accumulation Percentage Indicator has now moved to positive signalling that market participants are buying into this breakout. I expect a move...
APRA has seen strong gains over the past few days due to the anticipation of the recent Coinbase listing. Momentum and interest is now slowing down as people "sell the news" and we have been rejected at 0.195. Strong bearish divergences for multiple indicators (MAC D, RSI, STOCH, CMF) as well as falling volume, signal to me an inevitable pullback is coming. We...