The recent interest rate cuts have injected a wave of optimism into the crypto market. With more liquidity and cheaper borrowing costs, investors are flocking back to higher-risk assets, including cryptocurrencies. This creates a bullish outlook for the entire space as macroeconomic conditions favor capital flow into alternative markets. Memecoins like WIF are...
ICP is showing what appears to be an attempt to break out of a Wyckoff channel, indicating the end of a lengthy accumulation process lasting approximately 97 days. It has touched the same support level at least 4 times, accumulating liquidity. On the technical analysis side, all indicators are showing strong buying pressure and momentum. Additionally, there's a...
Bitcoin has reversed the short-term trend, which was showing significant selling pressure, thus liquidating the bears who aimed to drive the price down to $44,000 per bitcoin. Following this trend reversal, we find an expansive diagonal in the price of bitcoin indicating strong buying pressure, and within it, we can observe an entry into the ABCD harmonic...
The price of Dogecoin looks quite promising this month. Technical indicators show strong buying, and the price displays an extended harmonic pattern with a 5-0 pattern indicating momentum. On the fundamental side: Coinbase has announced it will list Doge, Bitcoin Cash, and Litecoin on April 1st, which will inject liquidity into these cryptos, given that...
Bitcoin is showing the rising wedge pattern. After weeks of extreme greed, combined with the halving event and the approval of the Bitcoin ETF stop, the market finds itself for the first time in this rally at its all-time high; showing what appears to be a rising wedge pattern, which signifies strong selling pressure. To complement this chart, derivatives data...
In 2023, the cryptocurrency market is seeing a potential bull market. Cosmos' ATOM stands out in this environment for several technical and strategic reasons: Wedge Formation and Bullish Breakout: This technical formation suggests potential growth for ATOM after a prolonged period of accumulation, indicating a bullish trend. Technical Analysis and...
Creator: Avax was created by professor and computer scientist Emin Gun Sirer in 2018 Development: The team that collaborated in the development was AvaLabs; a New York based company that was also founded in 2018 Mainnet launch: Avalanche (Avax) had its round of funding and raised $ 60 million in September 2020. Brief recap: Its name comes from a PoS...
After weeks of bear pressure Etheremeum shows nice fundamentals such as: -Net network growth: UP BY 0,71%+ Increasing in participants on the ethereum network Bullish signal. -Moneyness ratio Global in the money ratio: 2.45% possitions more are in long. Bullish signal Concentration Large Holders are divided between Whales, addresses with more than 1% of the...
Short scenario for bitcoin AT : Bear wedge Pullback & retest completed EWC in favor of bears.
MATIC Price Live Data -The live Polygon price today is $0,812081 USD with a 24-hour trading volume of $517.452.442 USD. -Polygon is down ,38% in the last 24 hours. The current CoinMarketCap ranking is #44, with a live market cap of $4.213.389.063 USD. -It has a circulating supply of 5.188.388.130 MATIC coins and a max. supply of 10.000.000.000 MATIC...
Bull scenario for dogecoin AT: Inverted SHS Trendline has been broken. EMA 21 & 50 momentum.
Bull scenario continuation for Ethereum -Bull wedge. -Pull back incoming Waiting for retest confirmation
Bull scenario for Litecoin. AT: -Wedge compression. -TrendLine breakout. Short invalidation point.
Riot Blockchain, a cryptocurrency mining company, has expanded its fleet and mining capacity with a new purchase order for 42,000 S19j Antminers from Bitmain. The purchase order, valued at $138.5 million, is part of a coordinated growth plan to significantly increase Riot’s Bitcoin (BTC) mining hash rate. As a result of the current and previous orders, Riot said...
Bull scenario for BTC . AT : Wave 3 in long term & wave 3 y mid term . Wedge pattern completed and waiting for correction for a new impulse.