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Kraken

Flow/XBT - Sleep before the next pumpWe've seen a series of rises and consolidation before the next rise and looks like this will continue. I've drawn a simple trendline showing overall we are moving up. Bollinger bands are narrowing suggesting volatility is on the way again. The price is resting on the mid-line, which looks bullish to me as showing it's ready to attack and break out of the upper band. Looking at volume, there's clearly strong buying with each pump and much less sell volume on the retracement (I had a quick look at the OBV and this shows it quite cleanly as the overall trend is up). RSI showed clearly that above 0.0008, it was running too hot and the 0.00055 area was testing the lows. Looking at the RSI, it's keen to go above 70 and always bottoms above 30 so looks like a strong bull run here for the foreseeable. We've seen Flow rise early on and with other projects then being seen as "the next Flow". Now, it'll be Flow being touted as the "next ENJ". Fundamentally, NBA TopShot has growing pains but once they're sorted, sales should increase again and they'll dominate the NFT charts (see dappradar for sales/users etc). UFC looks like end of the year and a time lag for new projects to come online but Viv3 may well have more NFT drops and we may see an OpenSea integration as well. In the short-term, further listings will be a catalyst for further growth (namely Coinbase and Binance) as many alt-hunters/noobs occupy those platforms. Some clarity on when US/China users can invest would be huge too given both markets are basketball mad and would also buy into the underlying blockchain token. Given the generous staking rewards, there may well be a liquidity crisis that could push the price higher if there are delays in unstaking tokens etc. In terms of unknown pumpamentals, partnership announcements could come out of the blue and any major IP brands would excite speculators.
FLong
by GreenCandle131
FLOW Could Go x5-10FLOW is making tons of bullish progression since its launch on 27th Jan. It breaks every pattern upwards and has more and more people buying into this market. Price action since launch is accurately bullish (and somewhat choppy because it's a relatively young market.) It's currently consolidating at ATH and creating a bullish triangle. After this there's no longterm resistance. I've been following this market since launch and been analyzing it technically as well as fundamentally. Here's what I've come up with: When all other alts and BTC dump, FLOW stays around the same price level. It doesn't dump alot and looks like people aren't planning to sell in this market soon. FLOW waits for other markets to pump and then it pumps with it. It goes with the (money) flow. ;) It's currently only listed on Kraken and Huobi. I see a large amount of buyers stepping in when this token would get listed on bigger exchanges such as Binance, Bitstamp etc. The market cap for this token is currently $700 million and personally I see this one going to $4 - $6 billion in the long run. (x5-10) Flow is a fast, decentralized, and developer-friendly layer-one blockchain designed for creating digital assets for games & apps. The tools are pretty easy to use and you can start making NFT's in just a couple of clicks (I tried it out). The documentation is super user-friendly and clean. I have been accumulating as well as staking my FLOW since 1st Feb. You can stake your coins onchain for 5% APY. The team looks serious and ambitious. If you want to check it out yourself: www.onflow.org FLOW is created by the team that created CryptoKitties and is partnered with NBA and Samsung.
KRAKEN:FLOWUSDLong
by jonathanvn
7
POLKADOT: NEARING INTEROPERABILITY Polkadot Here is another project on which we are really bullish. DOT has been founded by the cofounder of ETHEREUM G.Wood with the mind that ETHEREUM would be congested ... We can easily foresee through this chart that this token has been consolidating for a while after his 1st major leg up. Patiently forming a triangle that is soon to be closed and crossed. If we can cross the orange resistance, I could anticipate that we pass the stronger resistance around 40$ (purple rectangle). Otherwise we would be rejected and retest the red trend line, which would suggest an even bigger run to test the ATH levels. I would confirm with the MACD for a bullish pattern and the RSI shyly bringing us into an overbought situation, where we can see that people have been accumulating for a while, since the bears have gotten weaker and weaker since even February. Now on a fundamentalistic perspective, DOT token will massively be bought by any investor who would like to support a project that is willing to auction for a parachain. DOT tokens will be used as collaterals and held by the team’s project in exchange of the tokens team for a period that could last from 6 months to 2 years. DOT according to our pronostics should easily be a top 3 in market cap valuation, until the end of the bullrun, and many of the other projects on its ecosystem should thrive too. Could see DOT hit 51$ before slowing down a bit and then go ballistic … Would start taking our profits once it would reach around 3.2% of market dominance, which is likely. Be prepared for an ADA or BNB type of run. Please feel free to share your thoughts and opinions. CHEERS
Long
by OobCast
6
The Kraken Wick of Bulls SignalThe Kraken Wick Signal Things to note: -The Kraken Wick (Red Vertical Elliptical) Dated May 05, 2017 & Feb. 21, 2021 -The Bearish Divergence with PA & RSI from 2017-2018 and a possibility of another Bearish Divergence this 2021-2022. As a follow up to my previous macro analysis of ETH, one interesting thing that I found from this chart recently is the ETH wick down to the 200 Daily Moving average. It looks eerily similar to the wick down on May 05, 2017. Both Kraken Wicks have also appeared after the 1 D Golden cross. In May 05, 2017 that wick down in Kraken signified a jump start to Alt coin Season with a push of dominance favoring the alt coins. To counter a bullish sentiment, this recent Kraken wick down was also a point in time when standard GWEI was over 1000 and fees were ridiculous…. Another thing I am watching for this 2021 is a possible formation of a bearish divergence of the PA & RSI during the bull season. I looked at 2017-2018’s bearish divergence and am looking to see if there will be a similar play out. Everything is in my own opinion only.
KRAKEN:ETHUSDLong
by xenolink
1
LINK Pitchfork Mid-Line target of $100 by MarchLINK is still massively undervalued and the Pitchfork shows this out. The mid-line alone still has LINK in the $100 range by March. If you don't think this is possible in LINK then I suggest you take a look at UNI's chart when it moved from $3 to $20 in the span of a couple weeks. Considering the spate of recent news out in LINK from: 1) NASDAQ ETF - www.theblockcrypto.com 2) China's BSN network integrating LINK on Mainnet - medium.com 3) Kraken launching a full LINK node for DeFi price feeds - www.theblockcrypto.com 4) Oracle Corp Executive confirming to me on twitter that they are still collaborating with LINK team on the project "Every Startup in the Blockchain with ChainLink and Oracle Cloud" twitter.com The TA and the Fundamentals are strongly aligning for a massive move in LINK coming in the next 2-4 weeks. Stay tuned!
COINBASE:LINKUSDLong
by ich1baN
26