February
Overview of Cryptocurrency Volatility - 1M, February, 2023.Analysis of the volatility index in February. Time interval - 1 month.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (February):
1. CFX /usdt - 259.01% (High&Low: 585.29%)
2. STX /usdt - 221.27% (High&Low: 258.33%)
3. COCOS /usdt - 207.41% (High&Low: 350.22%)
4. DODO /usdt - 93.87% (High&Low: 172.27%)
5. GRT /usdt - 71.85% (High&Low: 167.68%)
6. STG /usdt - 67.69% (High&Low: 129.14%)
7. FET /usdt - 59.93% (High&Low: 127.56%)
8. BLZ /usdt - 52.70% (High&Low: 89.89%)
9. ANKR /usdt - 51.91% (High&Low: 124.24%)
10. NEO /usdt - 46.63% (High&Low: 97.31%)
11. XEM /usdt - 44.32% (High&Low: 113.24%)
12. DUSK /usdt - 42.14% (High&Low: 105.95%)
13. IMX /usdt - 40.75% (High&Low: 79.76%)
14. MTL /usdt - 39.34% (High&Low: 157.03%)
15. PHB /usdt - 39.18% (High&Low: 84.39%)
The coin showed the worst result: BTC /usdt - 0.07% (High&Low: 16.86%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1D, February, 2023.Analysis of the volatility index in February. Time interval - 1 day.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 day):
1. CFX /usdt - 396.70% (High&Low: 724.65%)
2. COCOS /usdt - 252.56% (High&Low: 568.54%)
3. STG /usdt - 242.04% (High&Low: 419.52%)
4. GRT /usdt - 240.08% (High&Low: 412.45%)
5. HIGH /usdt - 226.14% (High&Low: 472.17%)
6. STX /usdt - 220.43% (High&Low: 504.45%)
7. DUSK /usdt - 220.06% (High&Low: 450.92%)
8. FET /usdt - 218.16% (High&Low: 438.29%)
9. PHB /usdt - 215.55% (High&Low: 432.50%)
10. INJ /usdt - 201.60% (High&Low: 383.71%)
11. MAGIC /usdt - 201.19% (High&Low: 435.49%)
12. RNDR /usdt - 197.10% (High&Low: 442.58%)
13. JASMY /usdt - 195.51% (High&Low: 324.08%)
14. BLZ /usdt - 190.97% (High&Low: 416.32%)
15. OP /usdt - 188.11% (High&Low: 362.62%)
The coin showed the worst result: XRP /usdt - 48.54% (High&Low: 109%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1h, February, 2023.Analysis of the volatility index in February. Time interval - 1 hour.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 hour):
1. CFX /usdt - 1442.02% (High&Low: 2981.36%)
2. HIGH /usdt - 1104.88% (High&Low: 2350.01%)
3. RNDR /usdt - 1045.63% (High&Low: 2153.33%)
4. STX /usdt - 979.39% (High&Low: 2180.80%)
5. COCOS /usdt - 960.65% (High&Low: 2062.28%)
6. MAGIC /usdt - 933.54% (High&Low: 1976.79%)
7. FET /usdt - 905.54% (High&Low: 1953.33%)
8. ASTR /usdt - 898.78% (High&Low: 1919.20%)
9. DUSK /usdt - 891.55% (High&Low: 1768.47%)
10. PHB /usdt - 888.84% (High&Low: 1901.10%)
11. DODO /usdt - 880.97% (High&Low: 1810.57%)
12. HOOK /usdt - 878.07% (High&Low: 1847.88%)
13. LDO /usdt - 835.25% (High&Low: 1784.49%)
14. STG /usdt - 832.73% (High&Low: 1689.60%)
15. MINA /usdt - 810.43% (High&Low: 1836.91%)
The coin showed the worst result: BTC /usdt - 200.64% (High&Low: 450.56%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Cardano (ADA) Hitting $58B By Year 20?Cardano (ADA) is now trading at $0.992, a 2.73% drop from Friday’s value of $1.021M. The cryptocurrency’s price has been on a declining trend since the start of February.
Within the next 24 hours of trading, ADA is expected to trade at a low of $0.989 and a high of $1.04M. It has a 24-hour trading volume of USD 1,415,938,600M, with a market cap lower than previous weeks.
Cardano’s price may retrace by 23.6% on its first level, according to the Fibonacci Retracements level. The FR level indicates where support and resistance are likely to integrate.
The group also forecasted that the smart contracts-enabled, peer-evaluated currency will end the year at $2.72M.
Its price could be headed in that direction as soon as investors build some upward momentum, with the current trend offering a buying opportunity.
$GDX breakout! Buy on any dip (4/5)Conviction: 4/5
This is one of the two breakouts that we've been waiting for since May 2021.
Buy on dip (possible retested yesterday already) on the horizontal dash line around 31.81.
Need to wait for breakout of resistance line since August 2020 to fully confirm breakout. However, Gold seems to have already broken out... so seems like just a matter of time.
Eurozone ($EZU) looks sickly! (3/5)Conviction: 3/5
Seems to be turning down away from LT (2002) channel resistance. RSI-W also signaling further downside.
Looks like there might be an intermediate-term support around -10% away.
All in all.. may be a better risk:reward trade once it breaks down from the white support line. Either way, the trend looks negative.
If you are interested in Europe, perhaps UK will be a better trade.
Bitcoin in February 2022, where next... $33k or $46k?Hello crypto nerds and nerdettes
Please give a thumbs up and leave a comment below if any questions on this chart...
1st of February today so a quick review on BTCUSD.
Firstly we have some clear trend lines from the price action from the last few weeks supporting a trend upwards and resistance from a longer period pre '22 starting to get tested in the last hours of trading today.
Still, a long way to go, but steady climbs will help the whole market increase again but still lots of pressure from the bears and big money wanting cheaper bitcoin
So basically if we break upside of the pennant, expect some nice movements up towards 40k+ and then bulls will want to create some new strong support levels, ideally over $46k will get the ball rolling towards another test of the highs of last year
Indicators show bullish action but some divergence could come into play, some longs just placed but not a huge amount, kinda going into overbought area's right now.
February has a great record with these markets with great ROI and positive signals that could possibly play again here but past performance will never guarantee future outcomes
$ACWX relative to $SPY potential (3/5)Conviction: 3/5
Overall still in LT (2009) down channel, so trade is quite risky... you are trading against the trend...
HOWEVER:
bounced off MT (2018) trend support
RSI looks pretty good
SPY ourperformance against world is pretty outrageous in the last 2 years, so some mean-reversion is likely
Trade duration... 3-5 months.
Much better trade is to wait for breakout confirmation, and wait for entry from likely retest.
$ACWX decision point!Unclear what is going to happen... probably not a good idea to trade this right now.
Can trade small position within the channel, although risky to trade against the trend...
Bull case:
potential bull flag setup
good relative value (in terms of performance) to S&P 500
holding peak-price support from 2017 so far
better to wait for confirmation of bull flag?
Bear case:
touching medium/long-term (2011) channel resistance
RSI-W at low levels, but not oversold yet
$NKE good Medium-Term entry (3/5)Conviction: 3/5
Hovering / bouncing off medium-term (2018) parallel channel support
Hovering / bouncing off short-term (2020) price level support
RSI-D looks like it is bouncing off from oversold levels
RSI-W approaching oversold levels
Risks
V expensive relative to own history, does not bode well for Long-term Returns
Expensive relative to market (e.g. S&P 500 P/S is 3ish)
Unimpressive growth
parallel channel support broken during 2020
$SSY looks promising (3/5)Conviction: 3/5
in upward channel, near bottom
Recently retested MT downtrend resistance-turned-support (2009, 2006)
Cheap relative to market but low growth and low margin
Risks
RSI-W not quite at oversold levels, this means we could continue to hug the trendline down towards support of parallel channel
negative FCF
About average (possibly peaking) P/S ratio relative to own history...
low growth and low margin
$Z good entry point (3/5)Conviction: 3/5
retesting MT (2016) support
RSI-W at oversold levels with possible bullish divergence
Growth is still good
P/S levels pretty reasonable
Risks
support was broken in 2020
Short history, does not cover last recession
negative FCF
slightly below historical equilibrium zone
$WMT good entry point (4/5)Conviction: 4/5
Thesis
at former resistance-turned-support (2008 peak)
near channel (2016) support
very cheap (P/S of 0.67), although more expensive relative to own history
RSI-W not overbought at all
RSI-D showing possible bullish div
Risks
balance sheet is a bit weak (low quick ratio)
Silver at good mid-term entry (3/5)Conviction: 3/5
Still bouncing around in (what seems to be) a bull-flag. How hovering at a strong support level (2014).
At least a good trade until top of flag channel, although I think (pure personal opinion) that silver has potential to reach ~$50 level if elliott wave OR bull flag is correct.
For this to be confirmed, should wait until prices break above resistance level... so entry here is more speculative... but still provide good R:R
$CRM Expensive, but some ST value (4/5)Conviction: 4/5
Main Risk: Riding top of channel since inception (2004)
Quite expensive P/S of 8.5 relative to S&P500 of about 3
Thesis:
Seems to be trading in range since surge in 1/2 half of 2020, now at the bottom of range in the last year.
RSI-W at very attractive levels.
Trading between 100WMA and 200WMA and have never gone below 200WMA after recession of 2008.
Seems like a good play.