Hello everyone ! Today H₿ Capital is analyzing XRP based on a 2 Weeks chart 📈 XRP the ugly duckling of the crypto space is technically in an interesting position. The SEC case could be a huge catalyst for XRP, so let’s see if this asset could pump again like it did the previous cycles and where it could head to. What we can see : - Prices evolved into a...
By using Technical Analysis on the USDT.D + USDC.D chart, compared to the Bitcoin chart, it becomes easy to spot Bull and Bear phases, let's have a look : What we can see : - Thanks to this parallel channel we can see that every time the USDT/C dominance reaches the top of the channel, Bitcoin starts a new Bull movement. And every time the USDT/C dominance...
Today H₿ Capital is analyzing LINK based on a (2W) chart 📈 What is ChainLink ? Chainlink is a decentralized blockchain oracle network built on Ethereum. The network is intended to be used to facilitate the transfer of tamper-proof data from Off-chain sources to On-chain smart contracts. This solution is important because currently, most smart contracts...
Hello everyone ! Today H₿ Capital is analyzing LUNA based on a Weekly chart 📈 What we can see : - Luna is trading below the Kijun / Tenkan weekly - We can clearly identify a double top on the RSI - The CHOP index is high, but could go higher - The slow stochastic is declining and is approaching the bottom area - Spreads are negative - Small Sell...
Hello everyone ! Today H₿ Capital is analyzing SOLANA based on a Weekly chart 📈 The « Up only » token Solana recently experienced a fall of 69% from its previous ATH. Is it time to buy ? What we can see : - The weekly Kijun has been lost on the last weekly candle ( 👎) - At the moment, prices are sitting on the MA50 weekly ( 🥵 ) - VPVR indicates big...
Hello everyone ! Today H₿ Capital is analyzing LINK based on a « 2 Weeks » chart 📈 What we can see : LINK has been one of the worst player during the last 12 months regarding its performance….. Worse than some Stock assets too… Very very disappointing for Hodlers (like me). By the way, LINK is one of the strongest fundamentals token in the market right...
Hello everyone ! Today H₿ Capital is analyzing NEAR based on a « Weekly » chart 📈 What we can see : - Since October 2020 until now, prices are progressing into a parallel channel. Right now Near is trading right on the upper line of this channel. It seems that 20$ is a strong resistance that Near must break to reach higher levels. - By using the Trend...
Today H₿ Capital is analyzing ₿itcoin (BTC) based on a « 2 weeks » chart 📈 What we can see : - Price could fall straight to our « Trend line of interest » (which coincides with a « Weekly » SSB flat - Ichimoku) if and only if buyers get exhausted during this dip. - Bearish divergence on the RSI (we didn’t even touch the level 46,67 on the RSI), so...
Hello everyone ! Today H₿ Capital is analyzing Cosmos (ATOM) based on a Weekly chart 📈 What we can see : - Prices navigate in an ascending channel which is working perfectly since 2019. - Back in December 2021, prices landed on the lower line of our channel, but, immediately rebounded to the 43$ area where our main resistance is (previous ATH) - Spreads...
Hello everyone ! Today we analyze ChainLink (LINK) based on a Two Weeks chart 📈 What we can see : - Prices evolve inside a parallel channel since April 2019. - Right now, prices took support on the lower channel level + white trend line. - Prices are still under the black downtrend line - There is a bullish div on the RSI * Eric Schmidt recently...
Hello everyone ! Today the Black Cat Trader is analyzing Egold (EGLD) based on a weekly chart 📈 What we can see : - Prices got rejected by the 1.618 fib extension on the last ATH candle - Right now, prices are supported by the uptrend line (which acts as a strong support since October 2021), plus the intermediary lower line of the pitchfork. - On the...
Hello everyone ! Today the Black Cat Trader is analyzing Bitcoin (BTC) based on a Monthly chart 📈 What we can see : - Back in November 2013, Bitcoin toped at 1 163$ and then bottomed at 152$ (approx 87% correction) - Back in December 2017 Bitcoin toped at 19 666$ and then bottomed at 3122$ ((approx 84% correction) Since 2015, prices took support on the...
Hello everyone ! Today the Black Cat Trader is analyzing Vechain (VET) based on a weekly chart 📈 What we can see : - VET is actually very closed to its uptrend line (green). - Prices broke the downtrend line (red) and test it now as a support. - 0.618 fib level act as a strong support right now. - Prices are under the Kijun/Tenkan and under the Kumo....
Hello everyone ! Today the Black Cat Trader is analyzing AVAX based on a 3D chart 📈 What we can see : - AVAX just hit the 1.618 (trend based fib extension) and right now prices are trying to break the intermediary upper line of the pitchfork which act as a strong resistance. - We can identify a divergence on the RSI which could tend to a small correction,...
Hello everyone ! Today the Black Cat Trader is analyzing LTC based on a weekly chart 🐾 📈 What we can see : - LTC broke its downtrend line but got rejected by the 0.618 fib extension which matches also with the intermediary lower line of the pitchfork - Actually, prices are sitting on the SSB which acts as a very strong support. - By using Fib...
Hello everyone ! Today the Black Cat Trader is analyzing BITCOIN based on a weekly chart 📈 What we can see : - Prices took support on the 0.5 fib level during the last sell-off back in May 2021. - Then, bounce to the 0.236 and rejected by this Fib extension which coincides with the median line of the pitchfork too.. - Finally, prices took support on the...
Hello everyone ! Today the Black Cat Trader is analyzing MINA based on a Daily chart. What we can see : - MINA is still trading under the downtrend line (yellow) and prices are stuck into a compression triangle. - Note that prices are stuck under the EMA21. - The Bollinger bands are tightened and horizontally frame the price for 1 month now. - MACD is...
Hello everyone ! Today the Black Cat Trader is analyzing AVA based on a weekly chart. What we can see : AVA is still trading under the downtrend line (yellow) and prices are located on the lower line of the pitchfork which is a good support right now. Note that prices are stuck under the EMA21. What we can expect : If prices manage to break the...