CryptocurrencyMagnet

CryptocurrencyMagnet

BTC outlook for the month ahead is still very much bullish. Although the sellers have been in control of the market since soaring to a new ATH on 21/02/21, BTC took a sharp retracement as expected at these new level of resistance as well as a new ATHof$58,792 on the Gemini Exchange. As from historic highs we see a lot of profit taking occurring after 3 weeks of...

CryptocurrencyMagnet

Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH, but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching...

CryptocurrencyMagnet

Polygon (Matic) Buy Opportunity! Potential 40+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Buy zone between 50% to 38.2% Fib retracement level @ 0.194 to 0.186. Matic seems to have found some resistance short-term at the 50% Fibs, wait...

CryptocurrencyMagnet

Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH, currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9. Looking on the other...

CryptocurrencyMagnet

SNX reached its ATH 14/02/21 and has since been in a strong downward trend retracing 100% from $28.891 High to $14.913 showing a lot of selling pressure in the short-term. Although it has been in a downward trend over the past 13 days, we expect SNX to pick up momentum towards the upside with a potential 81% gain from current price levels. Note 2 scenarios could...

CryptocurrencyMagnet

Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the...

CryptocurrencyMagnet

Polkadot (Dot) Buy opportunity! Potential 50%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH, it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the...

CryptocurrencyMagnet

*16 hours Update, currently on track for 50% Gain* Polygon (Matic) Buy Opportunity! Potential 50+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Buy zone 0.618 Fib retracement level @ 0.1507. Matic seems to have found some resistance...

CryptocurrencyMagnet

SNX reached its ATH 14/02/21 and has since been in a strong downward trend retracing 100% from $28.891 High to $14.913 showing a lot of selling pressure in the short-term. Although it has been in a downward trend over the past 13 days, we expect SNX to pick up momentum towards the upside with a potential 81% gain from current price levels. Note 2 scenarios could...

CryptocurrencyMagnet

The GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible...

CryptocurrencyMagnet

ZRX reached its ATH 5/02/21, since then it has been on a gradual but slow retracement down to 200sma although the general market outlook is still in a bullish trend. 23/02/21 ZRX failed to test the 200 sma, re attempted on 26/02/21 and now we see a small sharp bounce. Notice before entering we may see another retest of the 200 sma at 100% Fib retracement level...

CryptocurrencyMagnet

Polygon (Matic) Buy Opportunity! Potential 50+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Buy zone 0.618 Fib retracement level @ 0.1507. Matic seems to have found some resistance short-term at the 0.50 Fibs, wait for price action,...

CryptocurrencyMagnet

Buy signal on the 30m chart, 13 EMA crosses up the 50 SMA

CryptocurrencyMagnet

Aave looks ready to pump back towards the upside to previous ATH. Buy signal on the 30m chart, 13 EMA crosses up the 50 SMA showing bullish momentum back to the upside from the recent support levels.

CryptocurrencyMagnet

Double bottom formed at key resistance levels. 30% gain needed to break through the 200 SMA, currently the 13 EMA is showing signs of breaking the 50 SMA signalling a buy signal in the mid-long-term. Wait for confirmation of break towards the upside when the 13 EMA and 50 SMA cross for a strong buy signal.

CryptocurrencyMagnet

Still very bullish outlook, Link failed to test 1.27 fib showing very bullish outlook in mid-long-term. Wait for potential retest of 0.72% fibs, but can still enter at the current price level. From current price 42% gain back to ATH

CryptocurrencyMagnet

Big Wick rejected, wait for a retest before entering. This would be a 33% gain at current price level but to ATH

CryptocurrencyMagnet

SNX Potential Buy Opportunity 90% Gain. Broke 200 SMA, wait for a potential retest of support before the second wave