Curve is a decentralized exchange for stablecoins that uses an automated market maker to manage liquidity. Market Cap of 1,6 billion is just ridiculous for this project. Market Cap/TVL (Total Value Locked) Ratio confirms that with value of just 0.08!! (For example UNI is at 1.31 ratio and 13.6 billion Market Cap) Chart is also looking good. Consolidation after...
After huge (over 2 years long) H&S formation on ETH/BTC chart and final breakout, its seams that ETH enter another pretty long consolidation in form of pennant pattern (since May '21). With all this blood on the streets (mini version) I decided to look more closely on ETH potential over BTC. As I mentioned pennant pattern already, it is at advanced stage and...
BTC is in some kind of small consolidation after breaking out from previous triangle. Until we see RSI trendline breakout, new highs for BTC are postponed (notice bearish divergence too). As support, I'm watching 21 D MA + trendline. Next level, if 21 D MA is lost, is 58k + Anchored VWAP (upper blue line) as good buy opportunity. Lower blue line is Anchored...
AAVE/ETH chart shows historic low levels. Bullish divergence on RSI is forming for whole month. Swap some allocation from ETH to AAVE probable isn't bad idea.
Chainlink is current No. 15 coin by market cap (around 15 bil. $). For comparison: DOGE 35 bil.; XRP 55 bil.; ADA 67 bil. $ Everyone knows how strong LINK is and I don't see any scenario where it will stay on 15 billion $ M. Cap! It is just so dam low. Another great simple indicator for crypto I love is YTD % on Coin Market Cap. LINK is at 180% while BNB is...
After long waited breakout and 45% gain, LTC is in consolidation phase. Good news is that prices is forming falling wedge which usually indicates trend continuation. RSI has returned to its normal range before breakout, and Stock RSI formed crossover and it looks ready to enter overbought territory again. Besides resistance around previous highs, Anchored VWAP...
Litecoin is probable the most underestimated coin in TOP 100 and maybe beyond. Almost all tweets about it says: "It's dead", "Shitcoin", "It will never reach previous highs", etc. But only one thing is certain: LTC will hugely outperform BTC in next months. Mega bearish stance from crypto community, awesome looking chart and bull run history are my allies...
First of all, analysis is made on 1D chart but 12h has more details so I chose it for publishing. As you can see SHIBA is in triangle formation (I would even say pennant pattern because it's trend continuation pattern and I expect further upside price movement here). Last few days SHIBA has created higher low and approaching resistance trend line. Also you can...
HBAR is very unique project and I think it isn't get all traction it deserves. Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain. Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph (improve upon many blockchain-based alternatives in several key areas,...
Short-Mid term BTCUSD price action possibilities and predictions before breakout to the new highs.
When it come to prediction of LTC price this is probable the best way to determinate market direction. Price action repeating the same pattern from last bull market. Will it blow of top like last time and then crash or continue ongoing crash we will see. Considering BTC breakout it is possible another reversal and higher ratio levels (apox. 400 in that case in...
SEC lawsuit demolish XRP potential so far in this cycle but it didn't destroy it also. Token price is in good trend and just breakout from 6 months long triangle pattern. If XRP manage to stay above triangle, 1.40$ is first target/resistance to watch, but 1.80$ is major one. Furthermore next targets in my opinion are: 2.70$ (previous ATH region) and 5.20$...
Launched few months ago. Instantly placed it in the TOP 10 by Market Cap, but since then only dumps occurs. Available for trade on all major exchanges (Binance, Coinbase, Bitfinex, Huobi etc.) It looks like it is in accumulation and waiting for its moment to shine. Looks like EOS in last bull market. Huge hype --> dump --> long accumulation --> moon. For new...
63.8k $ is last resistance. Be aware of Fakeouts (BTC long/short ration is at ATH). Long liquidation would be perfect play here for whales!
1.37$ first resistance (and take profit 1 level) 3.55$ second resistance (take profit 2 - stronger profit taking) 6.7$ third resistance (final take profit) Buy back some on support retest. Leave some for moon shot! (20% of initial position in my case)
Scenario 1: BTC pumps hard to new ATH and demolish alt/BTC pairs. First BTC dominance target is 52.5%, second if it gets to it is aporx. 57% (or 200 W MA - red line). Both targets are good entry point for demolished alt/BTC pairs. CRYPTOCAP:BTC.D reverse to new ATL (all time low) and alts pumps like crazy. (similar to 2017/2018 bull run). Scenario 2: BTC...
Great retest of trendline + support zone. Good initial bounce from green region. With Polkadot bullishness lately and if any dump does not occur, it could reach new ATH soon and much more.
Will #BTCUSD break up to new ATH or down to weekly support? Rare weekend action or anticipation of Monday? Either way, be prepare to react! Watch out for possible fakeouts.