1INCH followed the market with a big sell off. initially having a fakeout to the upside of a near symmetrical triangle to then drop 30% below the bottom of it. Now forming 3 HLs on the hourly, the RSI is on the move upwards above the signal line. An entry on the retest of the signal line would allow for a 40% target to the tip of the symmetrical triangle which...
BTC price action is still dictating the wider crypto market, so many positions are all down to how long it stays within the current range IMO. Interestingly, despite a lot of the fear and hesitancy in the market currently while in an ongoing bear trend, there are some indicators suggesting we're entering buy territory. Marked on the chart: 1: Price has come...
XVS has been in an extended accumulation phase for a while now. Hovering along the resistance zone around a previous ATH and the huge drop from the May crash, the support has stood firm time and time again. A flip of the Renko EMA & break of the bearish trend line, could start a new bullish trend. After a HUFE pump in the first part of the year, taking 33 days...
BTC price has stalled since the recent ATH with mostly sideways and red days for the last 10 days with price flatlining. The BTC dominance has declined while the overall crypto market cap has increased and held above $2.5T. Some of the indicators on the chart are hinting at a continuation of the bullish momentum due to the price not dropping significantly....
HIVE BTC could be preparing for an extensive bullish momentum. With similarities to the setup seen at the start of 2021 when it had a 400+% run. Currently in an ascending triangle inside a symmetrical triangle giving some good indicators as to where stop losses couple be placed and when the breakout begins. The convergence between numerous indicators (fisher,...
Divergence on the CCI & Fisher hourly chart after BRD's huge pump suggests another upwards trajectory could be on the way. The price has returned back to its original starting place, after clearing a 100% spike. Now sitting at the bottom of the VWAP & Fibbo extension price range but slowly pulling upwards from the bottom. The 2 target zones would mean a 30-40% &...
XLM Reaching lower support levels. The Divergence on the RSI gives a potential reversal signal following BTCs surge. The Gan fan provides target zones and timescales. With the Fisher MW acting as a "run out of steam" indicator for profit taking. 5-10% gains every stage of the Gan could mean 30%+ over the coming few weeks.
The strong declining trendline of Bitcoins market dominance on the Ichimoku Cloud has seen a big pullback after the recent flash crash. Some consolidation and cooling off after the dump could then lead to BTCs dominance to fall further, allowing Alts to make huge gains in between BTCs fluctuations. Most Bigcap alts have seen a solid increase in % when paired...
Just a quick observation of BTC from the last year. the last time the MFI (Money Flow Index) dropped well below the oversold area, we had a few days of consolidation, followed by a massive sell off in March 2020 which was a massive event across every market. While the event that caused that huge drop is likely not to happen (covid/lockdown news), The fact it came...
Bancor Network (BNT) has been making 50% climbs during 2021. With the dip over the last week, it's held well compared to most others which have fallen well back in recent surges. Unlike most other cryptos listed on coinbase on the 4 hour, BNT is currently below the 20 on the Stochastic RSI indicator, and has been in consolidation and below the MACD for some...
Bitcoins flashcrash on January 11th 2021 was a 31% drop, the current one is the same length, if it holds at the current support level and maintains the 4 hour EMA then retracing the same path, extended into the future puts it at the current price in the next couple of weeks, before a push towards the £50,000 mark at the start of April just before the new tax...
Continuing it's bull run. Bancor looks like it could be about to break out above the flag that's been forming. The dip caused by the altcoins reaction to a bitcoin dip the other day could be considered as a reverse head and shoulders pattern. Fib extensions put £3.20-£4.60 as benchmarks to aim for if it does.
Following its recent increments and breakouts after consolidation, each time the period between has increased in frequency and become shorter. Holding closer to its peak. CELO is due to launch its EURO stablecoin for it's network in March. It is a network that is aiming to enables crypto payments to and from mobile numbers instead of long addresses and wallet set...
Consolidation period from the last ATH could be about to come to an end for the Nucypher coin.
Afer last weeks surge, UMA is testing one of the support levels from the first pullback, 3rd time since forming a downward triangle...