Hello again. The amount of shoulder-head-shoulder graphic patterns is impressive. What caught my attention at Starlink, is that we may be seeing a bullish head-to-shoulder. However, we have a bearish head-to-shoulder in red as well. Which will prevail? Well, I believe in a reversal of the downtrend, given the bullish divergence on the MACD, with the declines...
In the Metaverse startup bubble, we are witnessing the fall of several assets. Here I will analyze Illuvium. The project may be well-reasoned and so on, but the price doesn't lie. We have a book setup here. Bullish waves from 1 to 5. Then we have the formation of a shoulder-head-shoulder figure. If we project the head height to the reverse (down) side, we have...
We can see a high correlation between the company and BTC since the pandemic. Looking at the monthly chart, the fact is that the price is now in an important Fibonacci region at 50%. On the 1-hour chart, on the ADX indicator, we can see a decrease in the selling force (red arrows), and an increase in the buying force (green arrows), forming a kind of symmetrical...
The RSI is on the same level as the 1929 crisis. But it can still reach the historic top of 96.26 from the year 2000. In any case, in both cases, we had a strong correction. A correction of at least 30% could come in the next few years. Good luck to anyone who believes the market will go up forever. Handling on the way 🎩🚷💸
1. Introduction Maybe this is one of the big projects still in the initial phase. Imagine investing in Solana, buying the SOL token when it was worth only pennies on the dollar. Today it is worth $180... 2. Definition Basically, Velas is a Solana-based blockchain that aims to simultaneously deliver Solana's speed and scalability, with EVM (Ethereum Virtual...
Hi. Looking at some on-chain data on several blockchains, we have an unusual movement. Price Drawdown from ATH The percent drawdown of the asset's price from the previous all-time high. When the value is equal to zero, we have no drawdown. When it is less than zero we have a drawdown multiplied by 100 (percentage). When the indicator hits the top several...
On the top chart we have the BTC/USD index, and on the bottom chart we have the sum of the dominance of the main stablescoins: USDT, USDC, DAI and UST. As a rule, when the dominance of stablecoins rises, the price of BTC falls. Just look at the respective numbered arrows. The only exception was arrow number 3, which had a more lateral movement in the dollar's...
Hi. Hope you all are well. Price analysis Considering the Arnaud Legoux averages, I can see the strength of the trend within the price chart itself. What we have? The average of 32 (green) has crossed below the average of 64 (blue), and there is now an expansion in width between these two averages. And the average of 128 (white) started to slant down. This...
The fact is that we are still alive and no meteors have fallen... neither has a volcano exploded and we are not under ash (things that the dinosaurs witnessed). For thousands of years they always proclaimed the end of the world and until now this has never happened... About this new variant, it is not as serious as they say. Of course, some politicians will try...
Hello. Do you know KCS? Otherwise I'll introduce you here. Fundamentalist analysis KCS is the native currency of Kucoin, one of the largest exchanges in the world. It is used as a utility token (to lower rates), and also in the same broker's KCC blockchain in the DeFi ecosystem. In other words, it is to Kucoin what BNB is to Binance. On the DefiLama website,...
Hi. Here's my analysis on Bitcoin\Dollar price. // --------------------------------------------------------------- // Graphical Analysis // --------------------------------------------------------------- On the weekly chart we have a long diagonal support line. Every time the price hit the line, it was a great time to buy. The same is happening now. Looking...
Hello. I'm doing another Bitcoin analysis, complementing the first one (or correcting if that's the case). Now I'm trying to be more simplistic and objective, considering the most recent scenario, and discarding some indicators that say the same thing. 1. Graphical analysis High Channel The price is testing the support line. Now might be a good time to...
The trend is clearly up. When plotting Fibonacci targets, the next value is between $0.28 and $0.31 and then $0.56, $0.81, $1. There's not much to say... just look at the chart.
Hello. Below is an analysis of Crypto.com, an exchange that is aggressively marketing and that is snapping up the market. F undamentalist analysis Crypto.com has two main products: the centralized exchange and the DeFi wallet. In the DeFi wallet, it is already possible to interact via the Ethereum network and two own blockchains: "Crypto.org Chain" and...
Hello. I believe in a rise of LiteCoin, and here I present the reasons. Contextualization Litecoin was the first major altcoin to be created after the emergence of Bitcoin, in order to reduce transaction costs. Some analysts say it is outdated, as Bitcoin is already able to solve this problem through the Lightning Network. However, it is noteworthy that the...
Hello. The analysis of Terra Luna follows, looking at the graph against the Dollar and Bitcoin at the same time. (I think it's a fantastic project with enormous potential to grow... its MarketCap is still smaller than that of ShitCoins like Dodge, Shiba and XRP, which doesn't make any sense...) LUNA/USD The price continues to respect the exponential moving...
Hi! In this analysis, I present the arguments to show what many renowned traders already claim: Bitcoin is only at the beginning of an uptrend. Why do we have a strong uptrend? In the red lines of the Bitcoin graph, we have the historical tops. Below, I configured the CGO (Center of Gravity Oscillator) with a period of 200 days, using a Fibonnaci retraction...
Hello. Another analysis of Bitcoin follows, this time using geometric graphical patterns and three blockchain indicators. Price analysis Over the longer term, we can see that we are below a bullish yellow channel. This has been happening since December/2018. Since then, the price has tried to break through 2 times. If we continue with the current trend (which...