Much work was done to remedy the inflation from an unsustainable 60-80% to 3-4%. CAKE is now burning more than emitting which makes this token technically deflationary even if there is still emission running at a rate of 1.45cake per block which is 1/10 of what we saw in previous months. From oversold area now rising with impressive volume back to live. It entered...
Comparing the previous BTC dominance levels to the entire crypto bull market sentiment, I think we are not ready yet. BTC dominance should go higher to around 65-70%, once there the full crypto market potential will be unlocked. Spot ETF approval and BTC halving are the triggers we are waiting for. You better be ready once we are there.
Cake shows oversold area for couple of weeks. End of october will last emission cut for pools occur to set the inflation to sustainable level arround 2%. This is super bulish and whales just waiting for this to jump in again. Current mc is arround 250M which is 1/10 compared to Uniswap competitor. 10x from here is a must.
Even the price of $AOG goes down there is bullish signal of growing volume divergence. The tokenomy looks good, game is improving by each release, general idea behind this project is good despite on the questions related to CEO person. DYOR before you decide to invest.
Even daily buy channel got broken a little seems it's just fake signal and uptrend will continue. Price approaching 50MA and Golden cross. Slowly but steady growing. Game release arround the corner (planned for the end of Q1 2023), supporting bullish sentiment (FED just slowed down interest rates increase). 120M out of 270M total supply released in last year! The...
After months of waiting, here it is... the weekly buy channel confirmation setting this asset to a new perspective. Happy trading.
Several attempts to break this resistance failed, will it work this time? Once done, the new resistance is 0.03usd.
Overheated but still hovering at 4H buy channel bottom with a possible bounce up according to the last signals. Not a really strong buy signal for now, hold the line. Happy trading.
You might be wondering why is AOG token not following the green market... the reason behind is quite simple. Need to cool down and move from overbought area to show next bullish signals. Wait for it.
Capitulation phase seems to be finished. Each new bull attempt is stronger and stronger. Awaited game release in Q1 2023 should deliver the bull trend spark to begin.
1st entry 32sat 2nd entry 28sat Exit 55sat Happy trading!
Cannot go like that forever. Seems there´s 50sat barrier which should trigger corection soon before FOMO continues to go higher.