Hi Traders! Polkadot is a very successful project, which is often talked about especially in recent months. In addition to a strong fundament and technology, this is also confirmed by the chart. If we look at the daily, we see that a few months ago we were at the level of USD 4. Just a few days ago, DOT reached its maximum of USD 46, which is more than a 10-time...
Hi Traders! Bitcoin is currently setting one ATH after another and the highest achieved is already at USD 64,200. How will its price develop further, and which zones are important for growth? At Bitcoin, I now follow two different scenarios. 1. Rising Wedge This is a bearish scenario that would not be very pleasant for many investors. On the other hand, it...
Hi Traders! For a long time, we did not look at one of the most famous cryptocurrencies - Litecoin. It has been moving in terms of the total capitalization in the TOP20 for several years. You can see LTC in cryptomats, on PayPal, and even Grayscale buys it. Nevertheless, it has not yet managed to reach his last ATH. Why? The latest ATH of Litecoin is at $ 374...
Hi Traders! Even smaller cryptocurrencies do not escape our attention, and today we will explain a specific pattern on one of them - "cup and handle", or a round bottom. What is a cup and handle? It is one of the basic and very popular patterns. You won't find it on the charts as often as, for example, a triangle, wedge or other well-known patterns. It is...
Hi Traders! Technical analysis is a game of probability and statistics. Situations in which there are several possibilities of future development are nothing special on the market, and this is exactly the case today. Even an experienced trader cannot clearly determine in which direction the asset will move. However, what he knows to do is to identify the options...
Hi Traders! Last week we looked at EOS, where we pointed out its great potential, and today we will do a similar analysis of Ontology cryptocurrency (ONT / USD). Let's not forget that bitcoin currently exceeds the $ 50,000 mark, which has a significant impact on the entire market. First of all, we would warn against high expectations. The fundament around this...
Hi Traders! After a longer time, we will look again at Bitcoin, where quite interesting things have been happening in recent days. It all started with Elon Musk (Tesla) writing the word Bitcoin in his description on Twitter. The market reacted immediately and the price of Bitcoin rose. However, Bitcoin was unable to sustain this growth and the price...
Hi Traders! In recent days and weeks, everyone has been most interested in the king of cryptocurrencies - Bitcoin. It recently set his new ATH at USD 42,000 . Since then, however, we have undergone a slight correction and in this situation, we have two options for further development. 1. Triangle The first possibility is that we are in a triangular formation,...
Hi Traders! Today we will look at the XRP / USD analysis and take a closer look at the Ripple case. XRP has flooded newsfeeds in recent days with reports of a lawsuit filed by the SEC (US Securities and Exchange Commission). The SEC filed a lawsuit against Ripple , which created cryptocurrency XRP. T he lawsuit alleges that Ripple was involved in the sale of...
Hi Traders! Every Wednesday we offer you an analysis of a specific cryptocurrency so that you know in which direction its price can move. Today, however, we will do it a little differently and show you a concrete trade that Jakub entered on the Binance exchange. It will be a cryptocurrency pair BAT / BTC. When entering the trade, we always pay attention to...
Hi Traders! After a long time, we will look at the analysis of Bitcoin. But first, let's describe the current situation. After the last growth, we are still quite high - around ATH. Overall, however, we have not been able to long-term break ATH or the magic USD 20,000 limit, and we do not think that will succeed in the near future. On the contrary. The graph...
Hi Traders! Today we look at one of the most popular cryptocurrencies and that is Tezos (XTZ). What does the chart look like? For the purposes of this analysis, we will use a daily chart as we want to see the overall trend. Tezos also went through a slump this year caused by COVID in March. Subsequently, it rocketed and fell again. Let's look at the overall...
Hi Traders! Are altcoins in the bull market? Is Litecoin in the bull market? You have probably noticed a significant rise in the prices of cryptocurrencies in recent days. It's not just about Bitcoin anymore, but Litecoin, Ethereum, Dash, and others have gradually started to grow. Is this the right time to buy, or are we waiting for a decline? Let's have a...
Hi Traders! Yesterday, Bitcoin broke the USD 18,000 mark , so let's look at this most famous cryptocurrency. We will use a weekly chart for the analysis. The closest resistance on Bitcoin is ATH. On our chart, it's the USD 19,255 - USD 19,711 limit. Bitcoin is currently in exponential and it is quite dangerous. In our opinion, it is just as dangerous to long...
Hi Traders! Today, in the analysis, we will look at the DeFi sector, ie decentralized finances. If we want to characterize the year 2020 in terms of cryptocurrencies, it would probably be the year of COVID, halving, and the just mentioned DeFi. Decentralized finances turned out to be great this year, and it was these cryptocurrencies that were a sign of summer...
Hi Traders! Today we look at the analysis of Bitcoin, but a bit unconventionally - on the weekly chart. This is currently absolutely crucial. It is important to realize that it is the daily, weekly, and monthly charts that are watched by large institutions and banks. The movements on the hourly charts are not interesting to them and they look at the chart and its...
Hi Traders! Why does Bitcoin grow and other altcoins not? Why don't small altcoins grow against Bitcoin despite the growth of Bitcoin? Find out more in today's analysis. Today we analyze the dominance of Bitcoin, which is absolutely key for traders. What is it actually telling us? Currently, Bitcoin dominance is at 61.71%, which means that up to 61.71% of all...
Hi Traders! In today's analysis, we will look at BTC / USD. We have seen a significant drop in recent days, so you will definitely be interested in looking at the overall situation. When we look at this chart and think about world markets, we think Bitcoin got into a bull-run. We are above the trendline, above MA21 and we have been creating higher lows for...