UnknownUnicorn3707027

UnknownUnicorn3707027

Cardano bounced off the 200 MA (daily), MACD on weekly turned green and broke through the previous resistance without any trouble. Our target of 2.3 USD was reached much earlier than expected and therefore, we can expect a much higher target. From a fundamental perspective, the upcoming release to enable smart contracts with the opportunity of building...

UnknownUnicorn3707027

The IOTA price is coming up again and currently being traded at around 1.10USD/MIOTA. Many were calling for the start of a new bear market due to the recent price drop. However, even the drop to 0.57 USD is quite insignificant when looking at the larger picture. At the current new bottom at 0.57 USD IOTA still traded at a 1000% higher price than one and a half...

UnknownUnicorn3707027

While almost 72% of ADA is being staked, higher trading volume in an uptrend leads to a strong price increase. If you have missed out on this leg, you could wait for a pullback to the 1.5 - 1.6 USD region and enter here again. The channel with the upper line at 1.50 has been broken and could see a retest. Potential target is the previous high at 2.3 USD. This is...

UnknownUnicorn3707027

The bullish scenario leads to a break-out through both resistance lines. The price could come back to the resistance, establish it as new support and reach a new local high at around 45-47k USD. The bearish scenario would let us drop to 36k and after a bounce probably lower to our previous lows at around 30k. Volume is in favour of the bulls and more signals...

UnknownUnicorn3707027

ETH had a good run to the current price at 2.7k USD: We are now touching 2 lines which currently act as resistance. Breaking through them could lead to a long-term bullish case. It is probable that we will experience a short-term drop until we manage to break the resistance - this assumption is supported by MACD & Stoch RSI . This is not financial advice. Happy trading!

UnknownUnicorn3707027

On the Bitcoin dominance chart a bearish wedge has formed. We are looking for a clear break-out that could lead to a continuation move. A potential drop to 35% is on the table - fuel for Altcoins to shoot another leg up. This is not trading advice. Happy trading!

UnknownUnicorn3707027

Cup & Handle pattern could play out. Waiting for a confirmation by a HH and retest to enter a Long position. Risk/Reward Ratio: 4.5 Entry: 40k - 40.2k TP1: 42.8k TP2: 43.8k SL: 39.4k This is not financial advice. Happy trading!

UnknownUnicorn3707027

We are experiencing a break-out from the bullish wedge which established another low with less volume. MACD is diverging stronger now and we can target 1.30 USD as next objective. This is not financial advice. Happy trading!

UnknownUnicorn3707027

I am still expecting a potential drop to the area at 18k - 24k. The sentiment in the crypto space is still bearish and MACD could soon cross again, while we have been going sideways. Low volume during the last 2 weeks did not suggest any action. Any big volume spike to either direction could be a solid indicator for more volatility. Good luck!

UnknownUnicorn3707027

IOTA has formed a bullish wedge which could lead to a strong upside move. The trend has been dominating the price action since the beginning of June. Once we break with volume, we can target 1.4 or an extension to 1.6 USD.

UnknownUnicorn3707027

Iota is doing well in comparison to Bitcoin and has been leading BTC pair chart with a few others Alts such as Ada. The Iota 2.0 dev net is now officially running with all key components for a decentralised network. We might see more exchanges offering Iota and potential partnerships being announced due to the Chrysalis release which could lead to more positive...

UnknownUnicorn3707027

Bitcoin had a fake out and is now challenged to keep price up. The long trade was cancelled just shortly after Elon decided to tweet about Bitcoin again. We are currently at the bottom of the pennant and if we break to the downside, we could see a continuation move to the range of 18k -24k. I am not risking a short-trade here as signals are mixed right now. The...

UnknownUnicorn3707027

Bitcoin is currently breaking out to the upside which could lead us back to 48k aligning with prior support and a retracement to 0.62 FIB. MACD is diverging from Signal line and RSI has a lot of upside potential as well. This is rejected if we recognize a false break-out. If you trade this idea, I'd set it up like this. Entry: 38.6k SL: 36,7k TP1: 44k TP2:...

UnknownUnicorn3707027

Everywhere is blood on the streets, but it seems like it cannot get worse than that. We have a strong bullish hidden divergence playing out with a higher low while RSI is at 34 for yesterday. MACD could converge from here again. There is a high chance that we do climb up from here without seeing these lows again. The question is how quickly we can reach our...

UnknownUnicorn3707027

The FUD around crypto is hitting hard. The market has not been this oversold (RSI on the daily) since March 2020. 75% price loss from the peak is a pain for people who came in late and I hope this will not scare away newcomers. However, for others this is a great opportunity to enter the market who before argued that prices were too high. We broke a critical...

UnknownUnicorn3707027

Technical: 3.2 USD is still not off the table, although the pennant broke to the downside. We bounced strongly off the lower Bollinger Bands targeting the topper band again. Extension would lead to a new high and cross on MACD. When comparing Iota to Bitcoin , we have experienced a much stronger growth on Iota's side recently. We are bouncing off strongly from the...

UnknownUnicorn3707027

BTC/IOTA Technical: Unfortunately, the pennant from the previous analysis broke to the downside while the entire crypto market fell sharply. When comparing Iota to Bitcoin, we have experienced a much stronger growth on Iota's side recently. We are bouncing off strongly from the support at 3500 Sat, which has been the resistance for almost 2 years now. Currently,...

UnknownUnicorn3707027

Technical: Iota is forming a pennant clearly visible on the 4-hour chart. This indicates in most cases a continuation move which could lead us to 3.2 USD. It may seem irrational, but taking into consideration what happened during the last weeks I think it is possible. MA-120 and MA-250 are providing great support. I would only reject this hypothesis, if we break...