The BINANCE:BNBUSDT , one of the largest crypto capitalizations, has unquestionably been an extremely strong asset since the start of the year. We can see that it is currently consolidating in a symmetrical top triangle, a chartist figure favorable to the continuation of an uptrend. The Magic Bands (PMB) had given a very good sell signal at $630, and we can...
Livepeer BINANCE:LPTUSDT seems to be giving us a great opportunity by retesting the top of its previous accumulation range. The Perfect Cloud (BPC) remains green, indicating that the uptrend is intact for the time being. This retracement back to this very strong structural level is further reinforced by the Vegas Daily (blue cloud) of the Trend Identifier (BTI) !
BINANCE:THETAUSDT has a somewhat similar configuration to the BINANCE:LPTUSDT we talked about in previous weeks. It is showing a very strong retracement, allowing it to come back to the upper region of a huge accumulation range. This type of movement is often a real opportunity for late buyers! Especially as this zone on the Theta Network is completed by the...
Aave (AAVE) is a key player in the Decentralized Finance sector, at -86% drawdown, which is back in its long accumulation range. Our Supreme Vision (BSV) tool is also indicating a new accumulation period (green background)! Moreover, according to the Master Oscillator (BMO), less than 40% of addresses are in profit, with a slight increase in the percentage of...
Bittensor ( BITGET:TAOUSDT ) was listed yesterday on Binance! A big wick marking a new ATH has been made, but beware, could this be a short-term "Sell the News"? For the moment, Perfect Cloud (BPC) remains in the green, in an uptrend, but its cloud is starting to look thin. In fact, TAO has never retested its Vegas Daily (blue cloud) of the Trend Identifier...
Let's take a look at SOLUSDT with the help of the Blockunity Perfect Cloud (BPC) and analyse the past months as well as take a small prediction about what's to come. First we see that from July 2023 to today SOL made a nice 10x. Let us know in the comments why you think this is 😉 Furthermore we see that since October 2023 the BPC is showing a Bullish trend...
Kaspa is in great spirits, with a run of over +40% in 5 days, and is now just a step away from its closing ATH! Does it need a breather, or will it break all the way up? Being rejected by the ATH should bring the price back towards $0.123 in the first instance, on the support indicated by our Pivot Identifier . But if we get a daily close above $0.145, then...
NEARUSDT analysis using the Unyx Data Today we take a look at NEAR and its current state in the market: - BRS: As usual let's get a feeling for the current temperature of NEARs price. We see that it is creeping up towards the over-heated zones 9 and 10 of the Rainbow Score, indicating that we should be ready to take some profits in the coming days. - BSR: the...
Paypal's stock price seems to be forming a nice bullish chartist pattern, a falling wedge, which has been going on since the beginning of the year. If resistance is broken, NASDAQ:PYPL could return to a nice uptrend, after numerous DCA buy points have been given by our " Magic Bands (PMB) " indicator.
After a long down trend and reaching a new ATL at $1.126 on september 24th, CAKE seems to slowly regain some positive momentum, but for how long? As you can see in our graph, the CAKE is moving since several weeks in the "Extremely Oversold" zone of the BRS as well as the "Clearly Oversold" zone of the PMB. Both the PMB and BRS sent DCA-buying signals, a total of...
Ocean Protocol (OCEAN) seems to be in a very strong compression and could therefore soon blow up! Despite a small fake out from the top, the other breakouts are just wicks that are very well recovered, as can be seen on the last two low wicks. A breakout from above could at the very least take us towards $0.42, and a breakout from below could see the asset fall...
Cardano is at the bottom of its range, on important support. In the same way as other current assets, such as the Binance Coin, losing this zone could send ADA back into a lower zone down to $0.14-$0.17. This would appear to be a very attractive area for accumulation.
After a very impressive performance of +120% in 12 days, RUNE is now showing some signs of weakness, with sell signals on the Strength Reversion (BSR), while the Rainbow Score (BRS) is approaching the red zone. We could possibly look for an entry-level buy around the $1.15 level, before continuing the upward trend.
An interesting buy signal is given by the Magic Bands (PMB) on Rocket Pool, which has come to find its lower bands after being rejected by the overbought zones. This signal is also given by the Rainbow Score Indicator (BRS) and the Ultimatyx (BUX). Will we be able to take advantage of a rally towards the central moving average at $38, or even to the upper bands at...
On the daily timeframe BNBUSDT seems to be in a nice position to turn bullish. • First of all, if we look at the BRS (the green/blue bands close to the price), BNBUSDT moves in the bullish range for the last two weeks. • Furthermore, we are close to a vital level confirmed by a support zone around the $200-$220 price level which is also its 52-week all-time-low...
On the ETHUSDT 4-hour chart we just saw 3 nice buying signals from the Blockunity Strength Reversion (BSR) and Blockunity Trend Identifier (BTI) indicators. As per usual let’s first explain what you see on the chart. On the side of the BSR we have: • In red the BSR Upper Line and in green the BSR Lower Line. • A blue arrow indicating that the Confirmed Reversal...
After the blood bath on the alt-market triggered by the SEC in the last few days, let’s take a look where Bitcoin stands as the week starts. For this we will use two indicators developed by Blockunity: the Blockunity Rainbow Score (BRS) and the Blockunity Trend Identifier (BTI). Let’s start with the basics and explain what we see: - In the middle of the graph, we...