Yes, you read it right. Flux Coin will be the next 10x, 20x, and who knows, it might even reach 50x. With its supply, reaching $10 seems easy in the next bull run, especially when they release its Proof of Useful Work. The Flux management and developers are continually building its ecosystem to sustain the possible circumstances of their PoUW, despite the bear...
Alt coins are bloody, the market moves based on Demand and Supply If we go back to our chart, we can see here that there is not much demand in that area, between 600B to 680B. In our previous data, in that area there was a good upward impulse movement, but now the sellers are more aware. We can go back to the 400B range of the Alts marketcap, and we can...
Hello, good evening. Here is my analysis of the price action of Bitcoin as of today. In the bigger picture, I have identified a head and shoulders pattern on the weekly time frame, along with the support trend line that Bitcoin is currently following. This suggests the possibility of Bitcoin revisiting the $15,000 to $18,000 range. To establish a healthy...
Bitcoin is forming a head and shoulders pattern on weekly time frame. The larger the time frame, the more positive probability it is. But, this will play out when BTC breaks the heavy resistance on it's current price at ($24.4k - ish). But don't forget to anticipate the consolidation inside the demand and supply zone. Let's just follow and ride the trend....
On 1 hour time frame, $GRT broke the 200 Moving average resistance. As per the previous data. Every time we break the 200MA in this time frame the price is rapidly increasing. Some traders are expecting and eyeing on this level too. And in my opinion, I'm expecting same buyers above this level again. I will catch some position above 200 MA level and I will...
Are you familiar with TOTAL2 it is known as total market capitalization of the whole altcoins in the market. As of the moment, we've spotted a cup and handle pattern on 4 hours time frame. The price action is having little pressure on this resistance area. But I'm pretty sure if TOTAL2 breaks the current resistant, many of alt coins will fly eventually. Trade...
I want to see bitcoin around 20,500 ish in order to meet the correction of the price action on its 61.8% Fibonacci retracement. Weekly RSI is looking good, we are above 30 on today's price. But if you wanted to secure a position. You can buy a small portion of your margin around 21k just make sure to calculate your risk and potential loss because we can't predict...
I'm also accumulating $GRT for my next bull run mission. $GRT has a huge potential next bull market as of writing, if you buy and hold GRT now you could get x23 or x24 on it's all time high. Investing in crypto is all about how long you can hold your entire portfolio. Every dip is a blessing, every dump is an open opportunity to all. $GRT will never fail...
My long term insight about flux is very bullish, since this project is the Grand father of all Web 3 projects just do your own research to avoid any misleading information. But for me, yep i'll stand with this statement. Circulating supply is very low together with it's potential in the next bull market. I'm seeing Flux will hit at least 5B to 10B market cap next...
As per my understanding in the market, bears are turning down slowly... but it doesn't mean that bears don't control the market yet. Big shorters are closing their position in order to make an another good position in the upside. The momentum downside is gradually weakening, we might see an upward movement soon, maybe on weekdays for a week in order to make an...
The market gives us this early signals that the price action will retrace anytime soon. I'm expecting this because we saw an massive upward move recently and in order to sustain the new trend, the price must correct and build a healthy market trend. My bullish sentiment will be completed when the price fall down to it's gap, that gap must be filled to correct the...
As we can see bitcoin declined recently almost -25%. Bitcoin is following it's resistance on daily basis. Longing positions in futures as of now is at high risk, always manage your risk. Biases are still on bearish side, we need to see a breakout from it's resistance before we step up a long positions on our favorite altcoins. Always plan your trade, if you...
If we we're able to break this triangle pattern, the market could recover from it's dump. If $51,000 breaks, we could predict for another leg up for bitcoin and in some other alts. Alts market cap is still looking good, btc.d is below 53. Hoping that bull market cycle isn't finish yet. But please, always put stop loss from every trade. Trading alts now is...
Good day!! Green weekdays ahead. In my technical analysis, in this chart explains the market phases. It is very important to study about these phases to increase your win rates in trading and also to avoid to be in distribution phase. as of now I'm very bullish on CHZ/USDT. In this chart, 2 cycles occurs. as of today, i guess we're on accumulation phase of...
Good day!! Tonight, the price action lands successfully on 61% retracement. As of the moment, im going to add some bag for this coin since I'm just trading this on spot. My bias for this would be a trend reversal after landing on 61% retracement, in ADX indicator it is showing that the down trend momentum is getting weak in daily and 4 hours time frame which...
It pump, as I posted this article yesterday. MACD crosses on daily time frame. Thats my early signal for this kind of prediction. Hope to subscribe me here, i'll be posting more ideas and insights soon! Trade responsible guys.
I allocate almost 20% of my bags for RIF Ascending triangle pattern brake out for the second time, good follow up candle after the bounce from 20MA (yellow) thus, confirmation for this breakout is a must before I go for a long position. Another reason why I'm bullish for this coin is the MACD cross on 1 day time frame. I'm still looking for a good follow up...
Good day! Vite is currently on 50% retracement as of the moment. I'm expecting for a retest to the trend line, if the price action respects it's support and bounce from their we may see another leg for VITE. History repeats itself BUT it may invalid at any moment when volume spikes downward and BTC.D spikes upward. You can use ADX indicator in order for you to...