Fundamentals: SKALE is described as an elastic network that’s designed to bring scalability to Ethereum. As well as boosting transaction capacity, the decentralized project aims to reduce latency and ensure that payments can be made as cheaply as possible. The project’s website says it wants to enable people to build and run DApps in a “decentralized modular...
Fundamentals: Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms. Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018. The protocol’s native token, REN, functions as a bond for those...
Fundamentals: Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a...
Verge (XVG) is a decentralized open-source cryptocurrency which offers various levels of private transactions. It does this by obfuscating the IP addresses of users with Tor and by leveraging stealth transactions making it difficult to determine the geolocation of its users. Verge Currency has a maximum supply capped at 16,5 billion XVG. It uses the Proof of Work...
as we can see NPXS has almost done its retracement and now getting ready for an other rally cycle, we have specified total of 3 TPs, the 1TP is the one we can easily target after the current retracement is over the the bull run cycle starts 2 TP is the Trigger for the 3 TP so if we get to the 2 TP directly after the 1 TP cycle, we can be very optimistic about the...
as we can see the price has retested its ATH and it was trending in an ascending wedge, where at the Squeeze Section we are observing Bearish Divergence with MACD, which is the sign of trend reversal and probably some retracement of the same bullish trend. this divergence can act as Hidden Bullish Divergence if the Price break it current Resistance zone in Red...
in this analysis we are focusing on a very long term position which can be kept opened for a year and half or more, we have a simple descending channel and a Fibonacci projection which is having confluences between the parallels leg and lower bound of the channel we have specified the 1 TP as the ATL and it can be achieved probably by mid or end of 2021 and the...
we have predicted the downfall and the TP are specified by Fibonacci what do you think? Red or Green?
to us this Asset seems to be very under valued and it has good chance to have some serious growth unfortunately at the current moment we may not be able to trade or invest on its Derivatives as no exchange has listed it on the F&O sections but we can invest on the Asset itself as it has some good opportunity to grow in some times we can presume to have...
as we ca see the price has already touched the 161.8% Fibonacci projection and it is called as extension zone and it can be interpreted as a good long confirmation please comment your opinions
as we can see the pair has spiked from the accumulation zone so we can be very much positive about its bullish wave the easiest way to predict a TP is to use Fibonacci projection 127%
A pure Price Action analysis on this instrument
as we can see we have few resistance areas and a heavy zone before reaching our Fibonacci projection parallel leg levels and we have specified it as our TP areas if the price continue its rally in the specified Chanel the Arrows so does the date for our TP occur ON time as we have specified them by Fibonacci time Zones i believe this commodity is under valued so...
here we have 2 scenarios Price Action Analysis call it a Long and Divergence Strategy is giving Short Signal what do you think? Red or Green?
as we can see we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time now it can be the time for some correction and retraces we have analyzed the daily Timeframe and used Price Action Strategy to find the...
as we can see BAT had broken trough the its monthly resistance zone and had rechecked it back and now it can be counted as it current support we have some good chance of longing it up to the Parallel leg level of Fibonacci Projection and on its MACD we could spot some Mild Hidden Divergence please comment your opinions
we can see the copper in the monthly time frame that it has broken the triangle and is showing some bullish movement in the future we may face some small downtrend but on the general trend we can be more bullish on this commodity we have specified some levels of supply and demand where we can capitalize on this analysis can be very useful for the swing traders...
the price is broken its previews resistance and is getting close to the Red area where we may face some resistance and the first Target also is specified base on the supply zone and Fibonacci projection this is an update for our past analysis