ShawnMCR

ShawnMCR Jun 15, 2023

AKRO is currently an intriguing player in the cryptocurrency field. It has been interacting closely with a few key price levels, marking the trend in its market dynamics. This comprehensive study of the AKRO market covers the one-hour time frame and employs various technical analysis tools to dissect the trend. The Fibonacci levels play a vital role in defining...

ShawnMCR Updated  Jun 14, 2023

In the world of trading, strategy, and market knowledge are typically seen as the twin pillars of success. However, this is only part of the picture. The psychological aspect of trading is often overlooked but can be equally, if not more, influential in shaping trading outcomes. This component involves understanding and managing the emotions, biases, and mental...

ShawnMCR Jun 14, 2023

In the volatile world of cryptocurrency, TOMO stands out as a coin worth watching. Our analysis of the coin's performance on the 1-hour timeframe paints an intriguing picture. The Fibonacci retracement tool, a common technical analysis tool used by traders, identifies several key levels to watch out for. The zero level stands at 1.6581, while the half and first...

ShawnMCR Jun 13, 2023

Let's delve into the ins and outs of GAL's price performance. We'll start by checking out the one-hour chart, which offers some clear insights into the asset's present condition. GAL's Fibonacci retracement levels are sitting at 1.226, 1.148, and 1.069. These levels are derived from key swings in price, and traders often watch them for potential resistance and...

ShawnMCR Jun 13, 2023

Atlético de Madrid Fan Token (ATM), a popular sports-based cryptocurrency, is currently experiencing a significant price shift, making it a topic of interest for crypto enthusiasts and traders. This in-depth analysis, based on a 1-hour time frame, aims to provide insights into the current market situation and its potential future directions. Currently, ATM is...

ShawnMCR Jun 12, 2023

The token LINA, paired with USDT, reveals an interesting picture on both its 1-hour and 4-hour charts. At the time of analysis, the price is at $0.014283, a significant 16% increase over the last 24 hours. On the 1-hour chart, the Fibonacci retracement levels are drawn from the swing low to the swing high, indicating the zero level at $0.0143, a half level at...

ShawnMCR Jun 6, 2023

In this analytical article, we're turning our attention towards TOMO with a time frame set to 4 hours. Currently, the price of TOMO is recorded at $1.4133, which is a solid uptick of 14% in the last 24 hours. In terms of potential resistance and support, we can use Fibonacci retracement levels as significant markers. The initial Fibonacci level is pegged at...

ShawnMCR May 30, 2023

Bitcoin, the pioneering cryptocurrency that has shaped the digital asset landscape since its inception, has been on a turbulent journey over the past two years. In November 2021, Bitcoin hit a record high of $68,974, only to tumble down to a low of $15,525 just a year later in November 2022. Today, Bitcoin's daily chart exhibits a mixed picture, with numerous...

ShawnMCR May 30, 2023

n the ever-evolving landscape of cryptocurrencies, Flux, with its recent price activity, has caught our attention. As of the time of this analysis, Flux's market price stands at $0.616, a significant increase of 20% over the past 24 hours. Technical Indicators Breakdown Fibonacci Levels: The key Fibonacci retracement levels derived from the recent significant...

ShawnMCR May 29, 2023

Hello Traders, Today's focus is on BEL, a prominent member of the crypto market. At this moment, BEL's market price stands at 0.8777. Vital Technical Indicators An examination of BEL reveals several key insights: Relative Strength Index (RSI) and Stochastic: The RSI is at 69, and the stochastic is at 71. These figures, being close to the overbought...

ShawnMCR May 29, 2023

Greetings Traders, Our spotlight today returns to LINA, a key participant in the crypto sphere. At present, LINA's market price is 0.018002. Significant Technical Observations Upon examining the updated data for LINA, several significant insights emerge: Relative Strength Index (RSI) and Stochastic: With an RSI of 81 and stochastic of 69, LINA is...

ShawnMCR May 28, 2023

Greetings Traders, In today’s discussion, we’re focusing on MULTI, a compelling participant in the crypto market. Currently, MULTI’s market price stands at 5.19. Significant Technical Observations An in-depth analysis of MULTI uncovers several key insights: 1. Relative Strength Index (RSI) and Stochastic: The RSI sits at 61, while the stochastic reads 91,...

ShawnMCR May 28, 2023

Greetings Traders, Today's focus is on INJ, a notable player in the cryptocurrency sector. At present, INJ's market price sits at 6.87. Key Technical Observations A detailed examination of INJ uncovers some noteworthy insights: 1. Relative Strength Index (RSI) and Stochastic: The RSI and stochastic read 69 and 83, respectively, suggesting that INJ may be...

ShawnMCR May 28, 2023

Greetings Traders, In this analysis, we’ll scrutinize LINA, a promising player in the world of digital currencies. As of the moment, LINA’s market price sits at 0.013923. Navigating the Technical Landscape An array of indicators reveal themselves upon a detailed look at LINA. Here is an outline of the crucial technical insights: 1. Relative Strength Index...

ShawnMCR May 26, 2023

Greetings, Traders, Today we turn our focus towards DREP, a noteworthy asset renowned for its innovation in on-chain data and reputation. At present, the market price for DREP stands at 0.3789. Critical Technical Insights Upon close scrutiny of DREP, a number of indicators present themselves, necessitating careful attention. Here's a rundown of the...

ShawnMCR May 24, 2023

Our case study begins with the XUAUSD coin, currently trading at $1959.88. The relative strength index (RSI), a key technical indicator, is at 40, suggesting a potential oversold condition. This is akin to demand underperforming in an efficient market, something worth observing for potential price adjustments. Now, let's consider the Bollinger Bands, renowned for...

ShawnMCR May 23, 2023

In my years as a futures trader, I've learned valuable lessons. I'd like to share these insights with you, hoping to help you navigate the complex world of futures trading. The Importance of a Plan A well-structured trading plan stands as the cornerstone of successful futures trading. Like a roadmap, it navigates your journey through the often turbulent market...

ShawnMCR May 22, 2023

Greetings, Traders, Today, I present an in-depth analysis of KAVA, a prominent asset within the decentralized finance (DeFi) platform. This platform offers loans to its users without intermediaries and has thus become a notable entity within the cryptocurrency market. Currently, KAVA's price stands at 1.089. Technical Analysis On closer inspection of KAVA's...