Chainslab_Analytics

Chainslab_Analytics

MASKUSD followed the descending triangle chart pattern and will likely break through shortly. It is currently trading at the support, so the most radical decision here is LONG. Now would be a good entry for scalp and swing traders, the target is $3 and more (in case of a breakout), and the stop loss is below the $2 mark. For long-term investors, waiting for a...

Chainslab_Analytics

Algorand is one of the most sustainable blockchains. Algorand was always my favorite blockchain. And it will always be my favorite coin to invest in. Technical Analysis speaking, ALGO is trading at the bottom, it could go lower, but this is still a very good entry. And also, there are reversal signs with ALGOUSD when you look at the 1H chart. Long term plan is...

Chainslab_Analytics

Fud or no fud, I only care about technical analysis. And BNBUSD indicator pointing to SHORT. Open a Short position now, or wait for 250 even number. Stoploss above the ema89 (4h time frame). I'm aiming for a <$200 target but will consider closing this position at 220. Entry: $250 Sl: $270 Tp1: $220 Tp2: <$200

Chainslab_Analytics

For the last six months, the LINKUSD price has been in a broad consolidation range of $5.5 - $9.5. Fundamentally speaking, Chainlink was always on top of the Oracle category and has been accumulating for quite a long time now. In our opinion, LINK will continue to consolidate in the range of 5.5-9.5 in the short term; and it can go up to 12$ or $18 in the mid to...

Chainslab_Analytics

Last night, FED decided to raise the interest rate by 50 BPS; the current rate is 4.5% (target is ~5.1%). This means that the BEAR continues to dominate, but the FED pivot could happen anytime soon, maybe next few months. BTC react quickly to the news, and the daily candle indicates a downturn. The short-term plan is SHORT, entry 17k8-18k5. Still, the trend...

Chainslab_Analytics

Last night, CPI came out in favor of cryptocurrency. The market turned green, looking bullish, but wait. ETH is currently trading around its 1k3 resistance. BTC also showing dominance in the market at 41% and counting. There are 2 case scenarios for ETH: 📍 ETH breakout of the local resistance and going up to 1k6. We will enter Long at the backtesting point if...

Chainslab_Analytics Updated 

Back to early 2021, Pancake Swap was one of the most participated DEX. Volume, DAU and TVL growing make $CAKE sky-rocketed to $40. Then, bear market and DeFi winter came (along with lots of exploit on BSC DeFi protocols) and $CAKE price heavily dumped to the bottom of $3. In the last 2 months, $CAKE managed to bounce to $4, thanks to the market rally and some...

Chainslab_Analytics

BTC is touching the trendline and hopefully will bounce back from here. As our prediction earlier this week, we will enter a Long postion here, but we will need a specific plan, which is: Buy a really small portion now at ~16k8. Buy some more if the price reaches 16k5. Targeting 17k8 and worst case scenario, stop your loss at 16k2. Watch the reaction closely...

Chainslab_Analytics

The trend is your friend. SUSHI is touching the trend line, what an excellent time to LONG! Entry: 1.37x - 1.38x Sl: 1.30x Tp: 1.6 LFG!!

Chainslab_Analytics

Solana' Selling pressure is easing now. It is gaining momentum and is expected to rise again (not 30$ but it could be 20$) I have noticed a lovely Long Setup here on SOL/USDT. Risking 6% for nearly 15% gain. Entry: 13.8x - 14.0x Sl: 13.1x Tp: 16.5x

Chainslab_Analytics

Sushiswap is showing great momentum and staying green almost throughout the week, along with other altcoins. An upcoming weekend correction will give us a good entry as it will touch the trend line for the third time. The SUSHI/BTC chart also looks pretty neat. So we expect SUSHI to rise to at least $1.56. In our previous prediction, Defi is a category we need...

Chainslab_Analytics

ETH has touched its local resistance of 1k3 and now declining. In theory, it could break out and turn this resistance into new support (hopefully). But the most rational decision here is Short Selling. I'm a simple man, buy at support and sell at resistance. I'm Shorting ETH now. In case of a confirmed break out of the 1k3 resistance, I will close my Short...

Chainslab_Analytics

Well, I missed the BTC train this early morning. And I have been waiting the whole day for an entry to either go Long or Short here. In my opinion, BTC will continue to go sideways in the 15k8 -17k4 range. This momentum of BTC shows that Long is a better decision, but Short still can be reasonable. And a dilemma moment like this, I rather have no position at...

Chainslab_Analytics

The LINK/USDT chart is looking fat! The three-top pattern is waiting to break. A perfectionist will wait for a confirmed break out of any direction to start trading. But a gambler (with a bullish perspective) like me will start stashing the goods from now. The plan is to buy a small portion now and buy some more if the price falls to 6-ish. Stoploss at $4.9...

Chainslab_Analytics

Another bloody Monday on BTC/USDT chart. This cause the whole crypto market covered in red. But BTC is still sideways in the 15k5-16k2 box and will likely be doing so for a while now. We will open a Long position when BTC touches the 16k7 support, target 5% up. Entry: 157xx Sl: 153xx Tp: 167xx Meanwhile, some Altcoins worth watching this week are in the Defi...

Chainslab_Analytics

In the Weekly timeframe, BTC had lost its 20k mark and will likely fall to the 12k demand zone. We expect BTC will bounce back when meet this 12-ish zone. Then 20k becomes the new 6k (the new support). 2023 will have a rally, and 2025 will have a new ATH. We have been in the bear market for quite a long time. And this might be the turning point. Here is my...

Chainslab_Analytics

CTK is breaking out of the local resistance. This is likely a LONG setup. But we still need a good entry to jump in. The plan is to wait for a correction and place your bet. Entry: 0.75x Tp: 0.81x Sl: 0.72x Give us a like if you find this chart helpful. Thanks

Chainslab_Analytics

One of the biggest phenomenol of 2021, Solana is now in a terrible place. Predatory tokenomics, decreasing in TVL and activities, reduction in the number of quality dApps... And now, the biggest backers of Solana , FTX and Alameda Research had gone rekt. It will become a dead chain, like Neo, Waves, Near, Avalanche, Terra.... Bounce back is easy when price hit...