Hello, Traders! ADA has not finished its business cycle and technically looks stronger than most other altcoins on the market. At the moment, buyers are restrained by the local resistance at $1.25 It is possible to form a buy position in three parts: 20% of volume in the range of $1.02 - $1.15 30% of volume in the range of $0.81 - $0.95 50% of volume in...
Hello, traders! BNB is another great asset for a medium to long term portfolio. The token continues its business cycle and has corrected to March 2021 price levels. A buy position can be gained in three portions: 20% volume in the $250 to $280 range 30% of volume in the $180 - $210 range 50% of the volume in the $120 - $145 range Stop Loss range of $68 -...
Hello, Traders! FTT has a strong fundamental component and is a good option for a long-term portfolio. The market maker is holding the price at March levels and buying out sales, which could indicate intentions to continue the business cycle if market conditions are right. To reduce risk, the position should be broken into 3 parts and bought up in case of a...
Hello, traders! ETH price has significantly corrected after going into a trend. The business cycle is nearing its end, which is confirmed by the weakness of the instrument. The price is under MA100 and MA200 on the daily timeframe. Also, the RSI indicator value is constantly decreasing and gradually approaching the oversold level. The range of $1050 - $1440...
Hello, Traders! After BTC dropped below the support level of $44200, the market has been flat for 58 days within the price range of $31,000 - $40,900. The asset shows weakness being under the three moving averages MA50, MA100, and MA200 on the daily timeframe. We should also note that volumes are falling along with the volatility. Buyers are holding sales...
Hello, Traders! AXS moved out of the accumulation zone of $3.10 - $11.30 and started a new business cycle. The chart shows the strong and sharp trend, which is confirmed by volumes. At the current moment, the probability of a correction is increasing. Buyers cannot pass the resistance level of $27.39. One can look for entry points to buy in the range between...
Hello, traders! SOL continues the business cycle that began in early 2021. At the moment, the price is near the bottom of the main trading range of $25.70 to $47.75 and is testing the uptrend. Though SOL looks stronger than many altcoins, the price's retreat under the MA100 on the daily timeframe shows local weakness. Therefore, you can look for buying in the...
Hello, traders! CVC price is on the way out of consolidation. Volume analysis shows demand from buyers. Buy entry can be sought in the range: $0.26 - $0.29 Stop-loss should be appropriately placed under the price level of $0.20 Targets will be levels of $0,400 $0,525 $0,590 Good luck and watch out for the market P.S. This is an educational analysis...
Hello, traders! AKRO is within the consolidation range. Cluster analysis shows an increase in buying volume. It is possible to connect to the trend in the range of $0.0185 - $0.0195 It's rational to place the stop loss under the level of $0.0152. Objectives by levels: $0,0218 $0,0274 $0,0386 Good luck and watch out for the market P.S. This is an...
NEO can be called another strong project on the market, which has passed several business cycles. The price of the asset is under selling pressure and has corrected to the price values of February. Currently, it is better to wait with purchases. A long-term position is better to form in the range of $21.68 - $29.60. It is better to place the hedging order in...
Hello, Traders! ZIL is wrapping up its current business cycle. Selecting assets for long-term purchases, one should keep in mind that not every asset has gone through a downtrend and several business cycles. Therefore, you should be interested in those assets that have been tested by the market. Such an asset is ZIL. It is best to form your position in three...
Hello, traders! OMG has gone through two business cycles in the span of a year. Currently, the price has returned to the $2.56-$4.09 range from which previous business cycles started. As part of a long term investment, the first part of the position can be opened within the range of $2.56 - $3.39 In case of panic sell-off, you may open the second part of a...
Hello, Traders! In times of strong sell-offs, you should always choose assets with strong fundamentals. LINK is one of the strongest projects in the market with strong market makers, who were able to resist the Zeus Capital fund last summer, who opened a short position against LINK to the dollar. The price of the asset continues to move in a downtrend,...
Hello, Traders! After falling steeply during March-May this year, there has been a rebound in the BTC dominance chart. The pattern in the market remains as follows: when Bitcoin's price drops, altcoins lose more value than Bitcoin, and when it rises, altcoins lag significantly behind. This shows us that Index (Bitcoin) is stronger than other assets in the...
Hello, Traders! DOGE ended its uptrend and lost 77% of its highs in value. The market is under selling pressure, with DOGE also under selling pressure. Buyers hold $0.177 as a strong support level. Those who believe in the "DOGE Power" and want to earn in case of its growth should hoard position in parts. The first part can be taken in the range of $0.177 -...
Hello, Traders! The market continues to be under selling pressure. Altcoins are losing value faster than BTC, which is accompanied by an increase in Bitcoin dominance. This situation can be used to buy the interesting altcoins at a significant discount and to hold a position for several months. The price of TRX is testing the upper bound of the $0.0495 -...
Hello, traders! The price of SNX is at the upper bound of the range of $5.44 - $8.34, which was the beginning of the previous business cycle. Therefore, in this range, we can expect the beginning of a new one. The price range of $5.44 - $6.55 will be [ptimal for the purchases, where you can get a more favorable entry point for a long-term deal. Stop-loss...
Hello, Traders! The interest in altcoins begins to fall gradually. Traders are progressively fixing their positions in altcoins in favour of BTC, so Bitcoin's dominance begins to increase incrementally. In such a situation, it is possible to look for ETH purchases on a deep correction, after the stops of aggressive buyers are collected. It's best to wait for...