Currently, Skycoin is in the accumulation phase, it has been accumulating for 120 days and this process isn't finished yet. However, the volume is growing and this is one of the signs of the final phase before the markup. The accumulation is a bit tricky - we see a lot of wicks above the resistance, fake breakouts, etc. As an example, on the 28th of February, the...
ICON failed to stay in "TOP-15 marketcap" projects due to long correction and has been already "buried" by "ICON-killers" or "ICONs 2.0". We saw a lot of projects aiming to become the main blockchain in Korea, but no one (Fantom, Yggdrash, Hycon, Aergo, etc) succeeded in this mission.
In my opinion, the project is alive and the price is the main evidence. After a...
It seems like since the market insanity back in January 2018 everybody forgets about this gem. Moreover, Nano was a leader of "worst performances" for some time with the maximum retracement in $ value > 95% from ATH. Now it is almost ready to blow.
- The price has been consolidating for 140 days in a narrow range, the 0.786 fib level was clear support, 2680 sats...
Phoenix (Red Pulse Phoenix) is one of the alts I'm currently looking at. The price has been consolidating for 47 days in 215-280 satoshis range before the growth to 415 sats. Now the resistance of the previous zone serves as a support and we witness clear re-accumulation before the expansion.
Imho, buy below 300 sat is a good entry point. Expect the price to...
Usually I do not enter the trade with token which has made 3-4x returns recently. But usually such type of pumps are accompanied with a sharp dump to 0.786 fib level or even lower. In the Everex case, the price has been growing during 2 days, made almost 6x in returns and since the 26th of March has been consolidating, making false breakouts and bouncing from the...
This chart is quite clear, I only put some resistance & support lines as I see a simple accumulation here. Look how 72 satoshis has been playing the major support role since the August of 2018. Do not expect this area to be broken, especially before the mainnet launch scheduled to early April 2019. Long-term targets lay far higher than the previous top (170-180...
