As the week of the first halving is coming to a close, ZEC is trying to break the 75 USD level. I'm personally not in the business of spotting H&S patterns or channels on the 4HR or 1HR chart, so let's zoom out a bit. Since the January '18 high, Zcash has been in a steady decline. The overall bear market combined with high inflation levels caused ZEC to see one of...
Wanchain has been hiding in the shadows of the bear market for years, and may be set for a comeback in 2021. Development is still very much active, as recently a new cross-chain AMM DEX (Wanswap) was released, modeled after Uni and Sushi. In terms of transaction speed and fees, it certainly competes with the ethereum-based decentralized exchanges. Both liquidity...
While people are confidently calling "Bull is back" and "straight to 10K", I'm not convinced. I think the current move will exhaust before 8500$ and we'll see a retest of 6000 or even 5300. After that, the final accumulation period of this bear market will kick in before we break above current levels, meaning we don't see ATH in 2019. Good luck out there.
“2018 will be the year of crypto” was a widespread prediction in late 2017. This was symptomatic of the market wide excitement and peaking bullish sentiment that set new standards for expectations. The cryptocurrency market saw phenomenal growth across the board, in terms of prices, market participants, market capitalizations, exchanges, initial coin offerings...
KRAKEN:ZECEUR is currently testing the bottom of a symmetrical triangle once again. Continuation is still possible but chart is looking choppy like many alts currently. We'll see as triangle plays out in the coming days. If first level of horizontal resistance is broken it can move significantly higher. If it breaks down there are some potential support levels outlined.
ICONOMI recently saw new highs after the announcement of the platform going online within the next two months. People are now taking profits and it looks like a new cup is forming like we've seen multiple times the past few months. I'm in ICN for the long run and I like to approach it from a fundamental perspective. There are a lot of bullish fundamentals such as...