AxiomEx

AxiomEx

DOGE traded lower along with other major cryptocurrencies as the global cryptocurrency market cap fell 2.5% to $2 trillion at press time.On Tuesday, DOGE and other major coins traded muted after a surge in their prices earlier in the week. Bitcoin’s price tumbled after the U.S. Department of Justice seized $4.5 billion worth of cryptocurrency stolen during the...

AxiomEx

As seen on the daily bitcoin chart there is a very important area on the clouds which should eventually be broken and hold above in order to confirm further continuation to the upside. Failing to do so would reopen a downside consolidation .

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Tesla is now trading in a confirmed uptrend, with the most recent higher high printed on Monday, which was above the Feb. 1 high of $943.70. The most recent higher low falls at the $882 mark, and Tesla will need to stay above the level to avoid negating the trend. On Monday, Tesla looked to be printing a shooting star candlestick on the daily chart, which...

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If history is any guide, there may be trouble ahead for shares of ZoomInfo Technologies. A so-called death cross has formed on its chart and, not surprisingly, this could be bearish for the stock. Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the...

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The cryptocurrency market is beginning to turn a corner from the lackluster phase it found itself in since peaking in early November. Most coins have bounced off the bottom and are taking trepidatious steps toward a recovery. Bitcoin is seeing a consolidation move on Saturday, with the crypto fighting hard to stay above a support level around $41,000. The sideways...

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Dogecoin cracked below the $0.15 support line and has been trading sideways just below the level. The crypto is looking to see a break back above the level and start forming higher lows toward the $0.35 level where it has found resistance in the past. The crypto trades below both the 50-day moving average (green) and the 200-day moving average (blue), indicating...

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Ethereum is trading in a confirmed uptrend with the most recent higher low printed on Thursday at the $2,572.66 mark and the most recent higher high created on Friday.Like Bitcoin, traders and investors may want to wait for the next higher low in the uptrend to take place before entering into or adding to a position.Ethereum has not yet broken up from its own...

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A possible bullish scenario may be forming on Bitcoins daily time frame. A bounce at the 33k level and a break from the falling wedge showing on the chart would be a confirmation of a W formation, giving us a target around the 44k 45kish level.

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Bitcoin is still hitched to macro-economic factors with possible rate hikes still weighing the market down. That doesn’t, however, signal a lack of money bags waiting to pounce at the right opportunity. Most likely scenario is to continue to consolidate here, but if risk appetite remains firm in February, a lot of money on the sideline is ready to pounce. The apex...

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Although Alphabet has now printed a higher high, it will eventually need to print a higher low on the daily chart, above the Jan. 24 low-of-day, in order to confirm its uptrend. Bullish traders may watch for a reversal candlestick to print such as a doji or hammer to confirm the higher low is in. Alphabet is trading above the eight-day and 21-day exponential...

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Bitcoin is trading higher in a sideways channel and is nearing the $40,000 resistance level. This level has been a key area multiple times in Bitcoin’s history, and most recently has acted as resistance. If the apex cryptocurrency can move above this zone, the next level of strong resistance may be found near the $60,000 level, while support should appear near the...

AxiomEx

After looking at bitcoins 4h time frame we can see the 100ema being challenge once more, hopefully we can see a break above for a bullish continuation, other wise we could be looking at an other rejection towards lower support levels .

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We are looking at a symmetrical triangle that has form on the one hour time frame, which is usually a bearish pattern, every time it fails to break above it only becomes weaker, id wait for a confirmation above for a trade .

AxiomEx

As shown on this daily chart, apple seems to have form a bull flag formation pattern, developments ahead should be interesting to pay attention to.

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We are taking a look at btc's daily time frame, it appears btc has reached a very strong support level on that green trend line at 33k. All is left now is to sit and wait if we can finally close above the descending chanel showing on the chart in order to see a bullish continuation .

AxiomEx

Hey everyone, as you guys can see MIA has form an ascending triangle pattern on the 4h time frame, a resistance level to watch would be on the 0.011677. If we would close above that we could see a continuation for the upside, also let's keep in mind the 200 ema trend line. Over all Im quite optimistic on city coins, they are technically new but I like the concept...