ONT is range-bound on the weekly chart. It's been ranging between $0.50-$1.00 in the past few months. Currently sitting on support levels on the 2 and 4 hourly charts. It's just taking off from the support zone of $0.50 so it's the beginning of the new cycle. Since this coincides with the current bullish market, it presents a great opportunity to accumulate before...
XTZ has been hovering in the $2.20-$2.50 zone for a while, creating a local support on the 2 & 4 hourly, as well as the weekly charts. There were a few breakout attempts but the 2.90-3.00 resistance was too strong. However, with the current worldwide interest in crypto, the price should break through easily in the near future. This creates excellent profit...
XTZUSDT seems to have found support. Strength is picking up and indicators are oversold on both 2 and 4 hour charts. Long Entry - $2.45-$2.55 TP1 - $2.80 (approx. 12% profit) TP2 - $3.50 (approx. 40% profit) TP3 - $4.00 (approx. 60% profit) I doubt it will reach $4.50 this time around though. I might be wrong though. Currently BTC is on the upside, most...
TRXUSDT went crazy the last few days due to Justin Sun's announcement on the 31st August about creating the new Sun token. Details can be found on many crypto news sites. I think he just jumped on the bandwagon not to miss the DeFi bubble. Now that the FOMO settled, the pump is over. Since TRX is currently still in overbought territory and losing steam, a...
With its higher highs, higher lows XLM has provided with loads of buy opportunities. Excellent opportunity to buy the dips anywhere between 0.1-0.11 at the moment. Sell targets are 0.12, 0.14, 0.18 and 0.22. Disclaimer: these are personal observations, not financial advice. Do your own research. If this analysis helps and you make $ though, you are welcome to...
XTZ is at its resistance levels. Way oversold on the daily chart. There is a good possibility to revisit 2.80 in the next few days/weeks.
XLM seems to have found a local bottom. There is a very good possibility to pump to 0.10800 or higher. BTC is oversold on the hourly, which means there is plenty of room to go up.
IOTA is still consolidating after the recent surge to 0.41 USD. Buy zone will be 0.33-0.35 (so another 4-8% down). Approximately 1 week hold until the next surge that should be higher than the recent one. Price surged due to recent news ( here ) about upcoming mainnet upgrade next week. Sell target will be anywhere between 0.40-0.70 (depending on BTC). Staggered...
Daily chart shows that we are at the beginning of a short-term consolidation. Expected support between 9500-10500. Current strong resistance 20000. Due to the high market volatility opening a short position is very risky. Risk/reward ratio not ideal. Long position might be opened once market bottom is found and accumulation begins. Risk/reward ratio will be much...
Ascending pennant just broke out ahead of the FED announcement at 18h GMT.
BTC has been trading in an ascending broadening wedge formation in addition to showing RSI divergence on the hourly chart. These are mostly bearish signs. ABW suggests the dip will be at least down to 9660. In addition, BTC completed a perfected 9 TD sequential formation yesterday. Let's see how deep the rabbit hole goes.
BINANCE:BTCUSDT I think BTC might pump to a max 9700 before nosediving. I find too many good news on the media discomforting. Every time there were this many good news (vaccine, EU deal, Feds) there was a pump, followed by a massive dump. The August Recess is upon us. Trump goes to play golf with his buddies. Institutional investors can easily manipulate media....
TRXZ18 is oversold on the daily chart. Last time it happened, it quickly shot up to 400. With the current BTC short-squeeze it's a bargain. TRX is a strong project with loads of positive press recently.
BITMEX:ADAZ18 is sitting quite close to the bottom so many speculate that it should go up, however I believe ADA has some turbulent times ahead with the departure of IOHK that I think will push the value down temporarily, providing us with easy profit opportunity. EL: 1170 T: 1100 or possibly lower As usual, this is just an idea, not financial advice so...
TRXZ18 is sitting near resistance, should retest its support near 340 in the next couple of days, unless BTC does something completely unexpected... E: 375-380 T1: 360 T2: 350 T3: 340 SL: as tight as possible
BITMEX:ETHUSD is sitting on strong support level after the BTC dump. It is currently oversold and is about to show Buy signal on the 4h chart, therefore it is expected to climb to the comfort zone between $220-$230 in the coming week just as BTC is expected to bounce back from the gutter. I don't expect ETH to reach new highs in the short term but still, with a...
BITMEX:XRPZ18 is running out of steam providing excellent short opportunity. Max leverage 10x for agressive traders. Entry at BTC 0.000082, T1 BTC 0.000075.
BITTREX:SRNBTC possible Cup & Handle formation. Quick and easy 15% profit. Entry at approx BTC 0.000012, target at BTC 0.000015 before retracement, followed by bull run if Bitcoin stays relatively stable.