ChainLink has once again proven its mettle by successfully defending the demand zone for the fourth consecutive time. This defense is a testament to the substantial demand for LINKUSDT that refuses to waver. Adding to the impressive show of strength, a simple uptrend trendline stepped into the spotlight, showcasing a bounce that echoes the resounding demand for...
Today's analysis centers around a critical question: Is this the bottom for OGNBTC we've been eagerly awaiting? The charts tell a compelling tale as OGNBTC is currently stress-testing the 127.2% Fibonacci support, showcasing a clear bounce off this level. Yesterday's resilience demonstrated a bounce off the simple uptrend trendline, with OGNBTC managing to...
Embarking on an Elliott Wave journey, MINAUSDT stands on the brink of concluding a major uptrend, gracefully navigating through the final crescendo of the 5th wave. A pivotal moment unfolds as MINA finds a sturdy support at the 61.8% Fibonacci retracement level, offering a crucial foundation for further ascent. The key lies in the daily closing price, remaining...
STORJ has been a fascinating case study since September 2022. The lingering battle below the psychologically significant $0.5 level lasted a whopping 400 days, creating a formidable supply zone. However, the tide turned in November 2023, witnessing a breakthrough marked not only by a breach but, significantly, under the weight of intense buying pressure. The...
Acala Token (ACA) has swiftly risen to the top of our favorites list, and for good reason—its price action is nothing short of extremely bullish. The end of 2023 marked a significant turning point for ACAUSDT as it boldly broke free from a descending channel, setting the stage for an impressive journey. Following the breakout, a substantial and extended pullback...
The world of Cold Crypto Wallets is abuzz with excitement, and the spotlight is now on Tezos (XTZUSDT). Following the footsteps of SafePal's promising potential, Tezos takes center stage with a super bullish price action that demands attention. Zooming into the specifics, let's delve into XTZ's long-term chart, where a fascinating transformation unfolds. The...
Yesterday ADAUSDT price found a steadfast support at $0.4925, offering a front-row seat to a precise bounce off the 261.8% Fibonacci level. However, the plot thickened as the price briefly broke lower, only to stage a recovery and resume trading above the crucial support level. The unfolding narrative places a spotlight on today's daily closing price—a pivotal...
Right now, OGNUSDT has completed the ABC corrective pattern based on the Elliott Wave theory. We strongly expect a continuation of an emerging uptrend, specifically there should be the next and strongest wave-3 to the upside. We have already shared OGNUSDT in our channel for a major uptrend.
Amidst prevalent market fears of a significant Bitcoin price drop, today's analysis aims to delve into the price perspective and probabilities for a substantial decline. Our focus on the 3D chart draws attention to the critical 30k psychological supply zone, convincingly breached by buyers amidst heavy buying pressure. This initial breakthrough presents an...
The last 165 days OMG chart showcase a well-defined uptrend. This ascent presents Higher Highs (HHs) and Higher Lows (HLs), creating a compelling pattern that signals optimism in every price action. In a pivotal moment back in December 2023, OmiseGO shattered the barriers of a long-term descending channel, setting the stage for a remarkable turnaround. On a...
After a rather prolonged consolidation phase, ARPAUSDT is gearing up for an exciting ascent. Cast your minds back to November when the ARPAUSDT price spectacularly shattered the downtrend trendline, setting the stage for the thrilling saga we find ourselves in today. For the past two months, ARPA has been playing a suspenseful game within the $0.046 Fibonacci...
RLPUSDT discovered solid support at the 78.6% Fibonacci retracement level, marking a precise bounce. The breakout from the wedge pattern signals strong bullish intent. The current pullback could offer an excellent buying opportunity, boasting a promising risk/reward setup. A target at the 261.8% Fibonacci resistance level suggests the potential for a remarkable...
Ah, the Monero chronicles! Picture this: back in October 2023, XMRUSDT shattered the colossal triangle pattern that had been brewing for a whopping 500 days. It wasn't just a breakout; it was a seismic shift, a bullish beacon illuminating the medium and long-term horizon. Fast forward to the aftermath—a robust pullback, precisely what the bulls ordered for that...
FLRUSDT recently found support at the average-price uptrend trendline, followed by a strong bullish daily candle, signaling potential growing demand. Today, Flare has presented a notable pullback, attracting buyer interest with a promising risk/reward opportunity. With a stop loss positioned just below recent lows and an upside target at the double Fibonacci...
OGNUSDT exhibits a clear uptrend pattern with consistent higher highs (HHs) and higher lows (HLs). The price maintains respect for the uptrend trendline, with the Demand/Supply zone transitioning into a reliable support area. Our perspective suggests a substantial potential price increase for OGN, positioning it as one of our top coins for investment currently....
CTKUDT is experiencing a fiery surge as the bulls triumphantly safeguard the demand zone. Before this, a pivotal breakthrough above the descending channel has been observed, marking a significant trend shift. The current landscape unmistakably favors the bulls, and we anticipate a solid profit potential exceeding 80% in the mid-term. CTK is likely to be a...
The way it looks is that Bitcoin Dominance yet again approached and rejected our Fibonacci resistance. If that resistance holds, we do expect a strong, yet potentially short altcoin season. But remember, not all coins will produce super gains, only a very small portion of them. In our private channel we have shared those that we believe could be those "gems"
Since September 10, Bitcoin's uptrend has been impressively consistent, marking three months of continuous growth. This prolonged price action significantly raises the probability of an impending correctional move down. BTCUSDT has been trading near the supply area for the past couple of weeks, inducing a sense of caution in the crypto market. While the long-term...