Hi Traders! It’s about trading pair EOS / USD. Personally, I still see EOS as one of the top cryptocurrencies, but it’s true that in recent months the team has relaxed them and several people have left the core. EOS has its ATH at around USD 24.00 and is currently traded at USD 4.00 so the growth potential is huge. I perceive the fundament to be the biggest...
Hi Traders! After a longer time, we will look again at Bitcoin, where quite interesting things have been happening in recent days. It all started with Elon Musk (Tesla) writing the word Bitcoin in his description on Twitter. The market reacted immediately and the price of Bitcoin rose. However, Bitcoin was unable to sustain this growth and the price...
Hi Traders! Uniswap - under this name we know, of course, the largest decentralized exchange, and in today's analysis, we will look at their cryptocurrency. In daily trading volumes, Uniswap often outperforms Binance. Many DeFi projects and their tokens can be purchased on this platform. Of course, this fundament is also reflected in the price growth of UNI. What...
Hi Traders! In recent days and weeks, everyone has been most interested in the king of cryptocurrencies - Bitcoin. It recently set his new ATH at USD 42,000 . Since then, however, we have undergone a slight correction and in this situation, we have two options for further development. 1. Triangle The first possibility is that we are in a triangular formation,...
Hi Traders! The year 2020 could be described from the point of view of cryptocurrencies as a record one. Bitcoin exceeded its previous maximum and other cryptocurrencies also began to grow rapidly. We are following the growing trend at Ethereum, Cardano, Litecoin, Monero and others. But what happens to EOS? If we take a look at the EOS chart, we do not see any...
Hi Traders! Today we will look at the XRP / USD analysis and take a closer look at the Ripple case. XRP has flooded newsfeeds in recent days with reports of a lawsuit filed by the SEC (US Securities and Exchange Commission). The SEC filed a lawsuit against Ripple , which created cryptocurrency XRP. T he lawsuit alleges that Ripple was involved in the sale of...
Hi Traders! Every Wednesday we offer you an analysis of a specific cryptocurrency so that you know in which direction its price can move. Today, however, we will do it a little differently and show you a concrete trade that Jakub entered on the Binance exchange. It will be a cryptocurrency pair BAT / BTC. When entering the trade, we always pay attention to...
Hi Traders! After a long time, we will look at the analysis of Bitcoin. But first, let's describe the current situation. After the last growth, we are still quite high - around ATH. Overall, however, we have not been able to long-term break ATH or the magic USD 20,000 limit, and we do not think that will succeed in the near future. On the contrary. The graph...
Hi Traders! Today we look at one of the most popular cryptocurrencies and that is Tezos (XTZ). What does the chart look like? For the purposes of this analysis, we will use a daily chart as we want to see the overall trend. Tezos also went through a slump this year caused by COVID in March. Subsequently, it rocketed and fell again. Let's look at the overall...
Hi Traders! Are altcoins in the bull market? Is Litecoin in the bull market? You have probably noticed a significant rise in the prices of cryptocurrencies in recent days. It's not just about Bitcoin anymore, but Litecoin, Ethereum, Dash, and others have gradually started to grow. Is this the right time to buy, or are we waiting for a decline? Let's have a...
Hi Traders! Yesterday, Bitcoin broke the USD 18,000 mark , so let's look at this most famous cryptocurrency. We will use a weekly chart for the analysis. The closest resistance on Bitcoin is ATH. On our chart, it's the USD 19,255 - USD 19,711 limit. Bitcoin is currently in exponential and it is quite dangerous. In our opinion, it is just as dangerous to long...
Hi Traders! Today, in the analysis, we will look at the DeFi sector, ie decentralized finances. If we want to characterize the year 2020 in terms of cryptocurrencies, it would probably be the year of COVID, halving, and the just mentioned DeFi. Decentralized finances turned out to be great this year, and it was these cryptocurrencies that were a sign of summer...
Hi Traders! After a long time, we will look again at the NEO / USD analysis. On the chart, we basically summarize also other altcoins, which look very similar. On Neo, we can see a huge difference between Bitcoin and altcoins. Bitcoin is holding its maximum in this trend, trying to beat the USD 14.000 level. Altcoins are mostly in a deep correction. ...
Hi Traders! Today we look at the analysis of Bitcoin, but a bit unconventionally - on the weekly chart. This is currently absolutely crucial. It is important to realize that it is the daily, weekly, and monthly charts that are watched by large institutions and banks. The movements on the hourly charts are not interesting to them and they look at the chart and its...
Hi Traders! Why does Bitcoin grow and other altcoins not? Why don't small altcoins grow against Bitcoin despite the growth of Bitcoin? Find out more in today's analysis. Today we analyze the dominance of Bitcoin, which is absolutely key for traders. What is it actually telling us? Currently, Bitcoin dominance is at 61.71%, which means that up to 61.71% of all...
Hi Traders! Today we look at the cryptocurrency Tron (TRX). Tron divides cryptocurrencies enthusiasts into two camps. One can appreciate the creativity of their marketing and the other thinks that this cryptocurrency does not bring any added value. However, TRX is in any case among the TOP 20 largest cryptocurrencies and is currently forming an interesting...
Hi Traders! Today we will look at the well-known cryptocurrency - Monero. If you compare Monero chart with the charts of other cryptocurrencies, you can observe one absolutely fundamental difference. What is that? Monero is currently at its peak since the March declines. If you look at other cryptocurrencies, for example, DeFi projects have generally fallen by...
Hi Traders! Today, we look at a specific trade we found on the BNB / USD pair. This trade is on a 4-hour chart and is short. What does it mean? This means, that we will speculate on a decline in the price of BNB coin. Why? 1. BNB is at a strong resistance of USD 28 - 29. This area is very strong resistance on our chart. 2. We also see the first rejection and...