SAND is beginning it's short term correction toit's local fib support at 0.618, which is around 6-6.2 dollars. Breaking that level will bring it down to 5.9 - 5.7. Don't panic sell. Just FOMO into it If you believe in the project, it's a good time to buy
Matic is another great project incoming as more and more NFT and metaverse themed projects are building in the platform Now Matic has achieved its ATH, formed a cup and handle. Cup and handle has always been my favourite trend in starting a rally. Now it has successfully formed a cup and handle. Breaking 2.6 will send it up to a new ATH. Let's see how the year...
Metaverse has been a buzz word in the recent conversations. Big boys, conglomerates and big institutions are looking into the opportunity to snatch up lands in sandbox and decentraland. Give it a few years, it will become mainstream. Looking at sandbox 4 hourly chart, the RSI, and MACD are showing positive signs and accumulation is done by now. The chart will...
Just a quick update about AAVE, my favourite project The dominance of BTC is falling and dominance of alts are rising. Almost always this scenario will recycle itself - btc up, then sideways, money flowing into alts, sideways, then btc again. Looking at BTC chart, it's going sideways for the moment and many charts in alts are squeezing, waiting to...
UNISWAP is doing the triangle, with very positive indicators from RSI and MACD. The time for the to breakout to reach 30 is imminent. Sit and watch
Usually when the rising wedge is present, the probability of the price to break downwards is higher. But I can't say the same for crypto since the sentiment is positive. True enough the price has break through the upper limit of the rising wedge and maintain above the line. Unfortunately it is also hitting the resistant of 0.137-0.139 and bouncing between the...
Uniswap is another alt coin that I am bullish on, and seems like I have covered before it has gone into the accumulation phase since June. The RSI seems to be quite good now The chart is doing a reverse head and shoulder and the hourly candle has broke the resistance. From here, it's going up the 30 dollar which is another resistance. I think it will continue...
Haven't been updating for quite a while. Found something interesting in the daily chart of DOT - hovering at 41 but making a bull flag. Closing strong will send the price up to ATH. See if it could reach 57. So will it go higher? I think so. I am still very bullish with DOT. My strategy for this s not to trade but to accumulate whenever there is a dip due to...
LAC has been printing a very bullish pattern in the chart Like in my previous post, it forms a double bottom and expected to hit $25 - which now is almost hitting. The daily candles has bene bullish and it's expected to break the resistance at $25. So what's next? being bullish on this stock, the next target is $37.How do I arrive at this price? Usually it takes...
Uniswap has been printing a nice bullish picture. The RSI is improving, trend is doing a head and shoulder. During the selloff, the price just bounce back from 21, which forms a strong support. It did nit reach to 0.618 support level and buying has been strong at 21. Crossing the 24 dollars will be a buy call. However, it has the 25 dollars resistance to pass...
I have always been bullish with cryptocurrency, especially in BTC even though many will argue that it has not much of a usage apart from just transaction. But BTC has and will be the leader since it has garnered the most attention from the institutions and even countries like El Salvador. Mores o, Citibank has come out with the current report on cryptocurrency,...
UNISWAP being a defi project has always been gaining attention from people The selloff recently has opened up a good opportunity for those who wants to accumulate more of this coin for the bright future I always believe that the level of support will determine how strong the coin will come back. Seems like the coin drop almost to the fib level of 0.618 and...
Algorand is another favourite project of mine which has gone through ups and downs since the bull run started. A local resistance around 90c, which could be overcome if the whole market remains bullish. bullish divergence shown in the MACD and RSI improving. The 1 dollar area is where the supply area is. Aim for 1 dollar for now, even though secretly I wish it...
The chart of IOST looks very interesting. Give it that it's not one of the hot alt coins but investors always have to widen the search scope to looks for potential coins. There are a few bullish indicators in the chart The daily chart is forming a cup pattern with a double bottom, reaching the resistance at 0.046. There is a supply zone in there. Keep tract on...
The king is back to 50k. But the question is will the price reverse from the strong resistance at 51k, or breaking 51k I would like to point out a few indicators that i think it will break 51k. From the last posting, I have been bullish with BTC. However, the price reverse from 51k and down to 47k. I have reasons to believe that it will break 51 to 57k at the...
I think this is the best time to get into alt coins All coins, or almost all are doing the cup and handle pattern - a big move is coming. Just jump on the train and get some profit XLM hasn't been very bullish if compared to XRP, but this is not the time to debate on the fundamentals. Just go with the chart Cup and handle formation, price breaking out the...
DOT has been quite bullish recently. The trend painted a cup and handle picture and the price has just broken the resistance. It's time to get in with TP 35 and 41 in short term. EMA 50 and 200 has also formed a golden cross, which means bullish. Weekly MACD has just crossed below 0, which signifies bullish Like I said in my other analysis of the coins, most...
VET has been flying under the radar for the past few years. remember collecting it as sub 1c 2 years ago, hoping one day it will explode. VET has indeed exploded in the bull run where is reached ATH at 0.27. Since, then, it took a fall to 0.782 support. Having said so, the current run itself has form a cup and handle pattern, with EMA 50 crosses the 200. What is...