I don't really know what happened to XRP for it blowup a few days ago. Something to do with the SEC case. Who really cares...XRP has not been in prime position for a buy for quite a while until now. That little uptick caused a bit of a ripple (see what I did there?) amongst a few other coins. But the hype quickly died. As you can see the price hit that 200...
Ethereum is Bitcoin have been ranging very heavily for the last few days. This very surprising as most US stock and Idicies have been falling. This ranging would bee seen as a bit of strength in crypto since the correlation is fairly minimal. This range could be seen as stability. In my last idea, the concept took some time to flesh out. Indeed, we were met with...
There is been some significant interest in $BRISE in the past few months: Multiple projects, their own block chain (BRC20), lower gas fees and faster transactions. So it's no wonder there's some hype about it. The price saw some heavy buying during August, prompting an impulse momentum to the upside for short amount of time. From the inital breakout on the 14th...
So, last night Binance announced that it will move forward with burning LUNC in spot and margin trading. This came as a bit of a surprise to me personally. Initially, when I saw this pump, I had no idea what was going on but now it all makes sense. But as you can see, this steep rise in price has completely obliterated any ability to technically analyse. I made...
In my previous analysis I thought BTC would do a slight breakout on the 4hr. But alas, price shot down again and maintained its downward trajectory. In the daily chart, we maintained the channel line very consistnetly. This very sharp drop on Sep 13th is also due to CPI data coming out to be a +o.1% which inevitably saw the markets tank. But BTC is in a very...
Etheruem hit the $1000 and then the $2000 with almost pinpoint precision. It seems to be more reactive to those pysch levels than other assets. Long term (very very far in the future) I am bullish on Ethereum. However, there are some patterns emerging in the short term. Shorting Etherum to the $1000 psych level seems like a good trade as it has been trading...
HA. Ya get it? YE GET IT? But seriously. OPU seems like a good business with good benefits. But just like the rest of the market, it's taking a dive. I don't want to sound like the sort of crypto fan boy and yell out "bUy ThE dIp". But I think at this momenet, the safest meaure within the market, Is to stock pile on assets which you believe have the most...
Well...that was fun albeit unexpected. A few people had a hunch that it would rise but not this much. I hope everyone took their short term profits. My first analysis was in the "previous buy spot" in a very heavy range zone. This rise in momentum is not only good for LUNC community, but also for crypto in general. It might put a bit more faith the Terra...
You have every reason to be sceptical of this asset. It's ability to get back to $1 is about the believable as the Pheonix, which is almost what USTC and indeed, all of the Terra has ostensibly become; a pheonix rising from the ashes. But...my previous idea panned out. A little bit delayed but nearly the same. We can see that there has been a beautful bounce off...
So, in my last analysis, I mentioned that there was a signifcant zone that BTC was gravitating toward where it "almost touched" a significant area (the Weekly 200 SMA). Damn...so close. We can see that there is some significant upside momentum. But BTC is still trading sideways for now as the 24000 psych region remains a significant area of resistence. If price...
Luna Classic, known peviously as Luna, as we all know took a massive hit. However, the bulls are keeping it alive. In terms of price potential, it's anyones guess. However, the buying is strong and could upside in the coming weeks ahead. Price has retraced and is starting to stagnate. There are several buying options either at market, limit at the 50 or limit at...
Quite the week it's been so far with LUNC. But that's for another time. BTC is about to hit a very necessary area that will determine its strength to the upside. While there is significant downside momentum, the point has come where it all matters On the weekly TF, price is very very close to doing two things: 1. is is about to do a potential double bottom from...
We all saw it. What a disaster. I pesonally did not have any money in USTC before all of it. I do not have any money in "stable coins". However, I do think this could be an interesting opprtunity. (And after doing some research, USDC seems like a very good model). After the drop and the initial impulse ralley during June, I think USTC is settling down. Everyone...
There is solid support at the 20,000 region. Whether it breaks through that level on either side is not imporant. What is important are the buying regions. Buying at market could be a good option as price is stagnating heavily. But downside movement is highly probbable since there a lot of conflicting ideas. There are two range zones that price is attracted to....