Many forget about USDT.D chart. It doesn't tell us complete FIAT dominance but it can help us to follow BTC seasonality more precisely. Chart is simple. If there is a lot of FIAT (USDT.D is at higher boundary) then capital goes from FIAT to BTC (and alts) and vice versa. Many are calling BTC bottom at recent drop to 50-51k region, some of them said bottom was...
Short term BTC price action. BTC didn't manage to clear and turn 58.8k into support. 2 trendlines, previous support/resistance zone, Anchored VWAP zone from 41k region all at this zone. Red scenario looks like more probable now! In case of another leg down my buy orders are at 50-52k region. I wouldn't be surprised if we see some big wicks into sub. 50k...
Despite 12200% of YTD growth SOL is not surrendering. Bullish divergence on multiple timeframes played out. SOL manage to breakout and now eying 0.618 retracement resistance. If it manages to clear it, next stop is previous ATH level. For take profit target I'm looking at 1.618 Fib. extension (307$ approx.)
ETH showing some strength and breaking out from long consolidation. If/when 0.618 Fib. level is turned into support 0.105 level (weekly close) is next region to watch for. RSI also breakout trendline to the upside, overall Ethereum sentiment is good. This graph appears to follow the view that Ethereum will replace Bitcoin as No.1. Let’s wait a few more months...
Week started good for BTC, but we are now facing big resistance at 58.8k. 2 trendlines, previous support/resistance zone, Anchored VWAP zone from 41k region all at this zone. If FUD bypasses us this week I'm convinced BTC will breakout and turn it into support. After that action, next is around 63k where we could see some profit taking from short term positions...
If BTC continues upwards or sideways CRV could explode soon. Great bounce from weekly support, breakout from bullish flag, retest of upper boundary of pattern and now crating support at 4.8$. Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity. Launched in January 2020, Curve is now synonymous with the...
Polkadex Orderbook is a non-custodial peer-to-peer trading platform that merges the benefits of both centralized and decentralized exchanges in one product. The current CoinMarketCap ranking is #550, with a market cap of $70,000,000 USD. There is a lot of space for growth here. If it reached just 10% of UNI M.Cap it would be 17x from current level!! It has 60k...
Despite 2 weeks long downwards market direction, BTC Dominance continue to drop lower. It seems that capital from alts during the dumps goes to stable coins as Bitcoin capital. Bigger alts players are down almost the same % as BTC. Chart setup is intact and the more time passes it more confirms that this bull market will continue thru Q1 and probable at least...
New project launched recently, on CMC since 9.11.'21. SHILL Token is utility token of Project SEED - a AAA Game Studio building mobile focused blockchain gaming ecosystem that utilizes Multi Blockchain and integrates Governance, GameFi, and NFT. Founders: exBinance CMs Liko Subakti, Mohammed Elelu-Bashir and Dinh Thi Thao Trang met while they worked at Binance...
BNB coin is stuck into resistance zone after breaking out from the long falling wedge pattern. 200 D MA is turn into support, retested twice and created hidden bullish divergence + double bottom formation. Now we are again in resistance zone trying to breakout and turn it into support. If BNB manage to clear this area, "last resistance zone" will be tested...
iMe (LIME) is a native messaging smart platform powered by Telegram with Crypto Wallet. The current CoinMarketCap ranking is #2937, with a live market cap of not available. 20k Followers on Twitter (followed by some crypto influencers like: CryptoBirb, Zach Boychuk, Brad Laurie etc.) 22/6/2021 listed on CMC --> very young project. Website: imem.app It isn't...
If BTC closes without dump in next hour and continue with green candle next day it will create bullish divergence on 1h, 4h, 12h and D chart. Previous setup didn't played out as expected, 58-59k resistance was too strong. This region is strong resistance: previous support/resistance zone, VWAP from 40k low (blue line) and upper pattern boundary! If we close...
I invested in ETHLend (today known as AAVE) first day it get available on Binance back in 2017-18, but unfortunately I sold all after big price increase. Today everyone knows about it, but it looks like we all forgot a little about it. YTD AAVE price change is 198% which is absolutely ridiculous when we remember all hype from last year until May/2021. AAVE is...
It's weekend and usually we don't see any significant price action during it. BTC is currently oversold and we could expect some bounce back to retest breakout point. This structure is reminiscent of last distribution before big dump to 30k (maybe it's not coincidence). At this point I see BTC next week at 62-63k level to retest break down zone. Too many longs...
Some of the top exchanges for trading in Clover Finance are currently Binance, Coinbase Exchange, OKEx, KuCoin, FTX, Hotcoin Global etc. The project was founded in May 2020 and the mainnet of Clover Finance launched in July 2021. Rarely new project get listed on all major exchanges is such a short time period and with so small Market Cap ($148 Mil.) Since...
BTC is closing 4h candle with big wick on it. Bullish divergence is confirmed (if we don't dump even more soon), but is it enough to push BTC upwards? BTC drops are usually like elevator ride, but price often tends to recover and retest previous breakout point. During weekends BTC usually don't make significant moves. We may have to wait next week to determinate...
BTC long/short ratio is down 75% and sitting on support area. It look like short squeeze is done but ratio is still 20:1 to longs. One final squeeze to clean longs wouldn't be so surprising considered that ratio is still to high. Not so long time ago it was 3-4:1.
After little dump and long squeeze, BTC is forming bullish pattern and preparing to retest breakout zone at aprox. 63k $. My target is Anchored VWAP (blue line) for this short term action. Notice all these bull/bear divergencies. A lot of traders are indecisive and scenario where we retest breakout point (little bull trap) and then dump again (another leg down,...