It is not a difficult task to draw a Fib Retracement on the daily chart and explore potential genesis understandings, specially on an asset that has a relatively short history. Jasmy has clearly hit rock bottom, and now we know where we are and where we will never be again: 0.0100 At the current stage, we can consider a potential yet unclear double bottom. Daily...
The VWAP is showing an incoming pump pattern which has proven 100% accuracy in backtests. By the historical pumps of JASMY, we will see an uptrend back to 0.0440 - 0.0450 area and potentially another attack towards 0.05 which has proven impossible so far with insane volume to stop it. Be mindful of longs once JASMY reaches 0.0444 You could potentially short at...
JASMY is currently holding admirably at Fib 0.382 support in what seems to be an accumulation day. If there are no extraordinary downtrend movements by BTC, we might see JASMY attacking 0.400 and above to potential 0.0430 or higher. It is important to pay attention to how Asia will behave first thing Monday morning. Recommended to go long if JASMY recovers to 0.0380
Bitcoin just shifted the weekly chart into positive as seen on the Momentum Oscillator indicator. It is the first time since the several months of bear market we have experienced that Bitcoin finally confirms consolidation at the 0.5 Fib Yesterday, BTC had an much easier win for the 41,3 resistance than expected. Momentum is on the side of the bulls as it will...
It's a nice and simple chart for $RUNEUSDT It came as an unexpected drop today for RUNE considering as JASMY and WAVE have been holding and running an uptrend. However, on the upside, as BITCOIN seems to rally up, if RUNE breaks through 7.900 price mark, we will see a continuation to above ~8,100 levels, and higher. It is best to watch the 15m chart with a...
It is a strange behavior for XRP compared to previous pumps,as for the past 12 hours XRP has been dumping more than pumping. Traders should be observant and careful of trading XRP once BTC is making a pullback in the upcoming hours.
$MIRUSDT has been on fire lately providing major price swings, better than even scalper's best dreams. After a smooth downtrend, on the 1h chart it seems that MIR is forming a double top which could signal a potential 20% boost within the upcoming 24 hours. It is highly recommended for traders to observe and set buy orders if price moves past $1.80 Scalpers and...
In the previous weeks and months, when thinking of scalping and day trading opportunities we could only think of $BTCUSDT and $LINKUSDT as stable means for good trades. In the past couple of weeks we have seen a major change in the paradigm of cryptocurrencies. The power LUNA is receiving from all external and internal factors of development is giving traders the...
XRP has had a very interesting previous week with beautiful price swings, large buys, positive SEC lawsuit news and it all builds a much stronger XRP than we've previously known. As XRP is building support and constructing a key level at ~0.76, this seems to be in preparation for an upcoming massive pump that might take XRP to above 1 USD, at least...
It is no secret anymore, Bitcoin has arrived at the largest and crucial support level of February, ~42,000 It has already bounced off several times from here, and the optimistic will hope it will bounce off again for a hit at that crucial resistance at ~45,000 Yet, we need to understand that the range we're looking at is starting at ~30,000 and that means that...
Crypto Gaming is the future and the next big thing in crypto. For the non connoisseurs, the world gaming industry is larger than the movie and music industry combined. Now use that easily verifiable metric and apply it to the baby version of gaming inside crypto. Where do you think it will go ? Mines of Dalarnia is a relatively new game in the crypto world....
With simplicity on the chart, it looks a lot like Bitcoin is building a necessary support at ~43,600 which is necessary for the major attack to finally conquer ~45,000 If the past 2 weeks we haven't seen much clarity on the charts, unsure were all of this is going, we now finally start to get a sense of the general direction. It is most likely we have already...
As the majority of traders have began showcasing various bearish signals, it is important that at this moment we zoom out of the chart and we observe the longterm pattern that has been created. On the daily chart we can observe a potential Wyckoff Distribution being completed which should continue with a downtrend. As of today, bulls are attempting to break off...
Although still continuing with an uptrend on the 4h chart, we now can see a clear Wyckoff Distrbution being completed for bitcoin which can be a signal for a significant upcoming drop. If this Wyckoff Distribution is confirmed with a drop within the next 24 hours, we can expect bitcoin price to go down and test support at ~39,000 mark. However, at this moment we...
The 4h chart of Bitcoin is in uptrend and to breach the uptrend, a major collapse needs to happen at this point. Rather than a collapse, the chart indicates the dip we are experiencing now as a potential necessity before breaching the ~45,000 price mark. Nonetheless, RSI shows both on the 1h and 4h chart, Bitcoin is entering oversold areas. This could be a a...
Recently I've been looking a lot at Alchemy Pay $ACHUSDT for profits. It's been having major swings for quite some time. While Bitcoin has not been providing the necessary intervals for making large profits, ACH is definitely a good substitute right now. Traders should also look at: $DAR $QNT $CHR
After several attempts to break through the ~45,000 price mark, Bitcoin is now testing previous support levels in search for a new bottom to bounce off of. At the time of writing this, bears are fighting at ~42,800 which if it breaks, the next support would be at ~41,000 with a potential dip to ~39,000. In terms of trading strategies, it is recommended to be...
Until recently, Quant, trading pair $QNTUSDT was a scalping heaven with a very predictable chart that allowed easy scalping trades while moving against Bitcoin's trend. All until Bitcoin started side trading movements which completely destabilised Quant, and completely blocked traders funds for more than 48 hours until it started moving again, unfortunately in a...