CryptocurrencyMagnet

CryptocurrencyMagnet

Bitcoin Update 28/09/21: Scenario 1 didn't quite play out for BTC as we mentioned earlier during the start of the month. From here we can expect the scenario 2 push phase to play out. A clear break with the 13 EMA crossing up above the 50 SMA will be further confirmation of this push above $46k. September is historically a red month, and this year we saw this...

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Vechain is currently fighting some heavy resistance at the 23.60% Fibonacci level. From here we can expect a break above this level, and if the bullish momentum continues we could see VET pushing past the 38.20% fibonacci level @ $0.14 (42% Gain from the current price level) . Due to the bear trap in the market we have seen all ALTS make a similar corrective chart...

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Solana Update 21/09/21: Potential Corrective Move back to $99. See previous analysis below. Happy trading :) Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical...

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Bitcoin Update 18/09/21: BTC Golden Cross Road to $74k. From a technical perspective Bitcoin is in a Bullish market, further to this we have the Golden Cross for BTC which occurred on the 16th September on the Daily Chart (Historically every time we see this movement on the moving averages, we have experienced significant growth in BTC). The Golden Cross signals...

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Polygon (Matic) To Retest ATH , $4.22 Price Target @ 161.80% Fibs. Matic is looking extremely healthy currently trading just below the key support level at the 38.20% fibs. We are looking extremely healthy for a continuation trend back to the ATH at $2.87. Our target after a retest of the ATH is at the 161.80% Fibs at $4.22 (157% Gain from the current price...

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Harmony (ONE) Update: Road back to ATH , Harmony looks ready for the next impulsive run up to retest the previous ATH @ $0.23. Next price target from current price at the 161.80% @ $0.36 (108% Gain) and 227% Fibs @ $0.53 (190% Gain). Please see previous analysis below. Happy Trading :) Harmony (ONE) Update 10/09/21: Road back to ATH , 16% Gain to $0.23. Since the...

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Benqi (QI) Avax Defi Gem with a potential +15x from the current price. What is Benqi? BENQI is a peer-to-peer (P2P) lending protocol that is slowly emerging as a leader in the Avalanche (AVAX) DeFi ecosystem, further to this, Benqi also has a goal to build primitives developing a Defi platform on a subnet. Benqi already has $2bn in total locked value with a low...

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Harmony (ONE) Update 10/09/21: Road back to ATH, 16% Gain to $0.23. Since the 1st September Harmony has grown 88% from $0.12 to $0.19, and is currently trading 16% away from the ATH price. After a retest of the ATH price we can expect Harmony to test the 127.20% (49% Gain from current price) and 161.80% Fibs (87% Gain from current price). Harmony (ONE) Update 01...

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Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between...

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The road back to ATH for NEO is very clear from here. Prior to the flash crash experienced yesterday, NEO was in a bullish continuation pattern since the fast and slow ma crossover on the 1st August which saw NEO grow 86% in just over a month from the 1st August to 4th September from $35 to $66. For the next leg up from the current price, NEO will need a clear...

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Fetch.ai (FET) 5% Gain to ATH, Expect $1 FET Soon! Fetch AI (FET) has been in a very strong bullish continuation pattern since the Fast and Slow moving average crossover. We can expect a NEW ATH at the 127.20% Fib level @ $1.10. Fetch has been in a bullish continuation pattern since 24/07/21 when the 13 EMA crossed up the 50 SMA signalling a strong Buy signal on...

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Polygon (Matic) To Retest ATH, $4.22 Price Target @ 161.80% Fibs. Matic is looking extremely healthy current trading above the key support level at the 38.20% fibs above $1.51. We are looking extremely healthy for a continuation trend back to the ATH at $2.87. Of course we are all thinking about the September dump which may happen but looking at the reversal...

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Solana is now at a New ATH $154. The Solana Moonshot is clearly leading DeFi Summer. Three days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year, It has grown over 10% since then. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this...

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Bitcoin has been in a steady accumulation range between $46k-$51k for the past 23 days. From this key level we can expect continued bullish momentum towards the upside to the next key level of resistance at $57k. Currently Bitcoin is 25% from its ATH price @ $64k. If we can have a clear break of this resistance and hold above $51k flipping it into support we can...

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Solana Update 03/09/21: Moonshot leading DeFi Summer, Solana is currently 5% from the $150 price target forecasted at the beginning of the year. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $118-144 before the next leg up on this parabolic run. Price target from here are at the 161.80% fibonacci level @...

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Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and bottomed out @ $0.64. Currently Matic is trading @ $1.47 and if Matic can flip this key resistance above the 38.20% fibonacci level into support above $1.77, Matic looks poised for a big move (95% back to ATH ) from this support zone....

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Vechain is currently fighting some heavy resistance at the 38.20% Fibonacci level. From here we can expect a break above this level, and if the bullish momentum continues we could see VET pushing past the 61.80% fibonacci level @ $0.19 (47% Gain from the current price level). Further confirmation of the continued bullish move by another 13EMA and 50SMA crossover...

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Harmony (ONE) Update 01/09/21: Road back to ATH looks very clear from here. From here we can expect a 90% gain for Harmony back to ATH price @ $0.23 and from the current price at $0.12, it is a 137% Gain to a new ATH at the 127.20% fibonacci level which is our next key price target at $0.29. See previous analysis below. Happy Trading :) Harmony (ONE) Update: The...