$XLM, Stellar, another old coin ready to go for a ride. For $XLM using 2 set of fibs. 1st fibset is old one used in previous cycle with the never reached target of the 2.618 fibline at 8.5k satoshi, making it the first target for this cycle. 4.236 of the first fibset at 14k satoshi market another interesting point which together with the 2.618 at 16.5k satoshi of...
$FLO made a new ATL in the bear season and has been showing rising volume ever since, historically the volume can be compared to what was seen much higher in prices. This indicates a strong accumulation and an upcoming uptrend. My targets are same as last cycle, mainly the 2.618 fib at around 4k satoshi with a moonshot chance of the 4.236 at 6.2k satoshi. Along...
$LSK char From Polo for sake of longest history of price. Rising volume can be seen on Binance, indicating a trend reversal, right now the price is pulling back from an attempt to break the 1.6k level (0.236 on the 1st fib set). Next resistance expected around 0.0003, the 0.764 fibline of first fib set, also a good place to take some profits. Next Target is...
$NANO is another mid tier coin that potential of reaching a new all time high this cycle. Once again I'm presenting long term targets, and highlighting where I expect resistance and potential for profit taking. Will be starting from the top to bottom. For NANO I used 2 set of fibs, one pulled from the ATH to the recent ATL, which gives the new potential targets...
$TRX is another 17' era ico which did an impressive pump in the previous cycle. Like most of the other coins it has been in a down trend for multiple years with quite a bit of sideways action which has offered allot of opportunity for accumulation. I'm expecting Tron to continue the uptrend it started at the start of 2021 and reach at least the 1.618 fibline at...
$RDD is another old coin with an insanely good looking chart with volume on the rise. Last cycle RDD went from 1 satoshi to 200 and this time no one should expect this to differ much. To get a better view on the lower levels of the chart. The 31 satoshi is on the 0.764 fibline of the first fibset, historical strong level playing as both resistance in an...
$VAL, Validity, previously known as $RADS, seems to have woken up with a major pump which lead it the oldest resistance the coin had. Personally consider this one a gem. At the moment it's in a retrace, which has a good chance of finding it's bottom around the 0.00007 BTC mark. Some realistic expectation would be that $VAL will trade in between the 0.00007 range...
$UNI token has been steadily progressing through the first fib set, slowly nearing the 2.618, aka first high target. Although the chart is showing some signs of retrace there is not all too much indications in the favor of the same. Volume is pretty low on the red candles which doesn't indicate a major retrace Preparing for possible retraces is important thou, ...
This will probably make me unpopular with some people, but then again, I just look at the TA so here it goes... BCH was basically in a downtrend since it's inception and is now undergoing and uptrend which if keeps on track could possibly lead BCH to ~1.1 BTC target which is given by the fibs. This in turn would result in a so called "flippening" with BCH having...
DOT is slowly working it's way up through the first fib set. Incase it breaks the All time high of ~0.001, first resistance could appear around the 1.618 line. Expecting it to break that level and work it's way up towards the 2.618, which could be a potential top for DOT. In the case of a breakout away from 2.618, I see the price likely doing to the 4.236 fib...
Bitshares is another old project preparing for a strong uptrend. This chart is based on Poloniex due to it having the longest history of the coin, which i deem very important, As there is lack of activity on Poloniex, most action happens on Binance where one can also see steadily rising volume at the lowest end of the price range. This is indicating...
$ADA is another big market cap coin looking at a bright future price wise. Right now at the 0.236 fibline looking very strong. Even though ADA has been in uptrend for some time already, (it basically bottomed in 2019) my opinion is that the uptrend has a far share to go. Once again I am not betting on a DOGE like pump, although possible with all that Ethiopia...
DASH is another example of a old established coin which is in position for full uptrend. After finding support at the "top of the low", aka the local high which came right after the All Time Low in Feb. 2014., DASH started reversing the trend by breaking the first resistance and forming a higher local low and is now pushing the 0.236 fib line. IMHO the old...
Like the majority of cryptos EOS is another one entering a uptrend. Looking at it from a High Time Frame perspective shows an opportunity for high targets. While there could be an explosion of price like we saw on DOGE, one should be prepared for a slow grind in the uptrend which might take a much longer time then most anticipate (1+ years).
Another boring day, I leave it all behind me now, so many worlds away
No matter where you're from this music's gonna play
But we will rise from the ashes again