Well I do believe super degen season will come eventually if we are not in the begining already. SERP is a decentralized trading dex that offers leverage that is set to launch the soon to be realeased shibarium platform. What do I know about shiba? Shiba is nothing more than blockchain based trading card but it is one with a massive community. High hype...
After an impressive run up of 600+% in less than 90 days Hex has now been down trending for the last 30days and down 55% from its rally high. Buy in the red sell in the green warrants a possible purchase price if looking for an entry. Using a logarithmic 4hr line chart to measure the amount of time it takes to break trend we can see we are reaching the half way...
We have been a long time supporter of gala but the tokenomics have made it hard to invest hard. Outside of the token issues this project seems to have it all including a very low price. The word air drop in this case is a little deciving as nothing new of value will be received but rather a relacement token at 1 to 1. After the airdrop the original gala token...
So what exactly is KSM? As an analyst I really have no idea as the chart is final culmination of the opinions of buyers and sellers. If people want to feverishly buy and drive prices up of a pet rock they can. Kusama may be a solid project and may have excellent fundamentals but honestly we are not here for the tech and as a reader if you are intellectually...
It is time for hexicans to be intellectually honest and drop the xen scam narrative or put hex into the same category. At the end of the day these are two high performing assests in this rally. Just taking a non biased opinion and following the price action it is abundantly clear that Xen is out performing HEX in this rally. Facts are simple Feelings are...
It is no secret that xen has created some ripples in the hex communtity. Since launch the large majority of the hex community has come down pretty hard on xen and labeled the project as destined for failure. I can't help but notice that hex topped on 3/22 up an impressive 690% from its bottom. I also can't help but notice that on 3/22 Xen FINALLY established...
This a daily line chart using the logarithmic scale to plot averages in increments of 15 degrees of time vs price. A logarithmic chart is used to display the equalities in percentage change rather than dollar value of change. We use the logarithmic chart for these measurements as it is the real time percent change that drives the phsycology of buying and...
Simple daily line chart with simple TA. If Avax manages to bounce from its current level it could posed for a ABC correction pushing it up another 100%.
Now that BTC, ETH, and some top alt coins have had a significant run it may be time to give some attention to the lower cap deg plays. Looking at the wave the trend and money flow oscillator we may be approaching that point in our macro cycle. Bear in mind this a weekly line chart ment to show the current progression of what is hopefuly a macro market cycle...
Is hex ready for a break out? Using old fashioned geometry and equal portions of time and price we can see some repeating patterns that may be developing indicating a potential significant move ahead. Thoughts and comments welcome
Layer two block chain projects have recently enjoyed a major increase in value as real world business are looking to make use of the many benifits available through block chain ledger technology. As a layer two network optimism is primed to assist in actual real world use cases for crypto by providing the security offered by ethereum but allowing for extremely...
For every chart I post I get at least 3 requests for TA on HEX and as the launch of pulse chain approaches the rate of requests is only increasing. People have alot opinons on HEX and its founder Richard Heart but the chart never lie and the tape is always the true gauge of what buyers and sellers and doing with their money. I am not a promoter of HEX nor a...
Is the optimism chart trying to tell us a trend reversal is on the way? Looking at a weekly bar chart we can see last week we closed our first weekly bar BELOW the low of the highest bar in the recent uptrend. This is a classic trend reversal signal that warrants at least the setting of a stop loss at the low of the high bar and position of neutral. Does this...
Eth has been trading in a symetrical triangle for quite some time. After trending down for 2.5 weeks we have had a very nice 3 day rally that magically stopped at the same resistance line that started the down trend. If price action continues to break down regardless of the recent bullishness resistance is resistance no matter how fast we get there. With that...
Floki crypto is a relatively new meme that has gained popularity in recent months may be ready for another significant price move. Recent price action of Floki has been producing perfect curvature to the upside as it once again tests this curve it appears to be entering into a max bullish phase that may have significant upside. However, it's important to remember...
Is eth ready for its big correction? Possible head and shoulders could be forming on this top range leading to a potential entry setup for a larger move to the downside. As the trend begins to show signs of weakness we are still looking for a nice correction back to the break out range of approximately 1325-50. Thoughs on our current trading idea are welcome...
Eth seems to estabishing perfect curvature to the downside from the point of break out hopefully comming back down for uptrend accumulation. Looking for a large 16% short trend back to break out with 7% spring. Any thoughts?
ETH should be close to a Macro Bottom. Current Trade Setup ETH 12/23/22 Trade: Long to 1375 to 1450 Reverse Short to $950 Area Leading Indications For Possible Upcoming Short Trade: 50-61.8% Retrace to Last High 2 Potential AB=CD End in Area 1 Potential C Leg End With D Leg Matching Macro AB=CD Entry: Divergence on preferably 1hr+ with Stop Loss above...