Hello, fellow traders! This is my analysis on the crypto market. I will mostly be using the Bitcoin chart on the analysis as Bitcoin’s movements pretty much represents the whole market. This is the daily chart of Bitcoin. There are three distinctive trend channels – green, orange, and white. Green trend channel was the older uptrend channel that persisted from...
Hello, fellow traders! This is my analysis on ZetaChain. 1️⃣ Analysis There is a lot to cover for ZetaChain, 1. The uptrend channel (marked with white lines in the chart) has been broken below on Dec 18th. This potentially meant that the price may reverse its trend into bearish. 2. We then see a bearish pennant (marked with red lines) – breaking below the...
Hello, fellow traders! This is my analysis on Dogecoin as well as the market sentiment overall. 1️⃣ Technical Analysis on Dogecoin There are four major analyses for Dogecoin. 1. Dogecoin broke below the uptrend channel on December 12th. We see Dogecoin breaking below the daily uptrend channel after touching the channel’s resistance line. The price attempted a...
Hello, fellow traders! This is my analysis on Zcash (ZECUSDT). 1️⃣ Analysis Before diving into Zcash’s chart, I first want to address the current market sentiment. Bitcoin’s price remains within the demand zone of 97k – 100k, currently testing the support line of the uptrend channel (yellow channel). Bitcoin’s movements in the next few days will be critical as...
Hello, fellow traders! This is my analysis on Ark (ARKUSD). 1️⃣ Analysis Before looking into Ark’s chart, I want to address the current market sentiment first. Bitcoin, Ethereum, Dogecoin and many other cryptocurrencies hav experienced significant pullbacks, with BTC Dominance rising from 55% to nearly 57% yesterday – reflecting fear throughout the market. (My...
Hello, fellow traders! This post is about BTC Dominance. In my last post, I explained how the BTC Dominance chart reflects overall market sentiment. A downtrend in BTC dominance indicates that investors are seeking more adventurous opportunities whereas uptrend inidactes the opposite. This is because altcoins (such as Dogecoin and many others) are more volatile...
Hello, fellow traders! This post is about the current crypto market sentiment. As you can see from the chart, BTC Dominance has been in an aggressive decline for the last 2 weeks. It reached 61% on November 21st and is now in 55%. While 55% Dominance is still considered moderately high, its sudden decline shows that people are gaining interest in altcoins. BTC...
Hello, fellow traders! Long time no see. I apologize for the late post. This is my analysis on Ark (ARKUSD). 1️⃣ Analysis Looking at the daily chart of Ark, we notice a big spike in 2018 with price reaching near 12 at its peak. We then see a much smaller spike in 2021 with the price reaching 3.5, followed by an even smaller spike in late 2023 with 1.9. We see...
Hello, fellow traders! This is my analysis on Zcash (ZECUSDT). 1️⃣ Analysis We see the price slightly above the resistance line of the weekly regression channel. With the strong bullish movements of crypto and stock markets fueled by the outcome of the election, it has shown an aggressive uptrend yesterday. 2️⃣ Expectations We might see a consolidation (orange...
Hello, fellow traders! This is my analysis on Bitcoin (BTCUSDT). 1️⃣ Analysis We see the market in its historical rally after the election. I was hoping for a more steady, stable uptrend but instead we experienced an aggressive rally led by Bitcoin and Dogecoin. We now see the price being tested as it approaches the major resistance line (MRL). This line is based...
Hello, traders! This is my analysis on Rocket Pool (RPL). Normally I use Binance as my main source for crypto charts, but I decided to use this chart instead for better historical data. 1️⃣ Analysis In my previous post on Rocket Pool, I've suggested entering long after confirming the reversal and sell at 12.347. We now see the price rebounding as it touches the...
Hello, fellow traders! This is my analysis on Artificial Superintelligence Alliance, formerly known as Fetch.ai (FETUSDT). I will call FET in short. In my previous post on FET, I’ve marked that price breaking through the resistance line could signal a possible uptrend in future. 1️⃣ Analysis In the daily chart, we see FET in a continuous downtrend after peaking...
Hello, fellow traders! I want to share my thoughts on BTC. Looking at the 1H chart, we see the price has recently touched the weekly resistance line. It is now hovering just above the line instead of breaking out, which is ideal. I've adjusted the time of the US election and Federal reserve interest rate announcement based on where I live. The US election is...
Hello, fellow traders! KASPA is nearing to its support zone based on its ATL and swing movements. If we can confirm the reversal here with the favorable outcome of the election, we might see a swing opportunity to 0.19 or even beyond. We will also make sure to confirm the reversal first: if the price drops additionally before making its turn, this is not out of...
Hello, fellow traders! This is my analysis on Voxies (VOXELUSDT). 1️⃣ Analysis We see the price rebounding after reaching the key support level of 0.1304, ATL of the crypto. The current dynamics of the crypto market was able to boost this young crypto into a strong uptrend. 2️⃣ Expectations The price may rise up to 0.1776, where it will face resistance and...
Hello, fellow traders! This is my analysis on ZetaChain (ZETAUSDT). 1️⃣ Analysis Price has been in a downtrend since February to August. In August, we see an attempt of a breakout with significant volume spike. The breakout seemed like a failure until the second breakout took place at the end of the month which then converted the resistance line (red trendline)...
Hello, fellow traders! This is my analysis on Biconomy (BICOUSDT). I've covered Biconomy a lot in my account - it actually has second highest coverage after BTC. 1️⃣ Analysis The price has recently crossed the resistance line (red line) of the monthly downtrend with notable volume spike. The line used to be the support line of the previous downtrend until the...
Hello, traders! This is my analysis on Monero (XMRUSDT). Monero is a crypto that was first lunched in 2014 with the price of 163 and market cap of over 3B US dollars, I think it is a reliable crypto to trade on. Also the community is very active. 1️⃣ Analysis The price has shown steady wing movements for last 5 months. Of course, this does not mean the swing...