The last week wasn't a good one supposed to be for stock market because of PMI and Unemployment Data which lead DXY to surge again, in general some Data such as CPI and retail sales can declare the next trend for stock market. All traders' attentions focus on CPI before FED Meeting and CPI might be reach to 3.6%, beside that if Core CPI decreased probably have no...
After a fake out between the dynamic support line, the support line might break down according to spread news about tension between Russia and Ukraine. Probable sold demand would dump the price to face next Static supports.
Fundamental: Theta is one of the assets which working on streaming, due to increase requests for streaming service specially after COVID, invade our world, this kind of decentral streaming platform might face a high demand in future. Technical and Trend analysis: The price face high overbought saturation on 2.5$ and price beautifully react to PRZ and start a...
SHIB finally show a respect to all his investors, now it really depends on whales of ETH which hold big amount of SHIBA. with incoming updates and the procedure for burning Shiba, price could reach high targets. yesterday spikes prove that investors still believe this mem coin worth to hold however in the future updates we couldn't say that shiba is just a meme...
Fundamental of ONE: 14 Feb there is a important update for harmony network. Harmony will release trustless Ethereum bridge, this bridge help applications to access assets on Ethereum while enjoying fast transaction on Harmony. Trend Analysis : after a double bottom on price 0.164$, ONE began a beautiful bullish divergence and reach current price around 0.2208$,...
each one of those ideas about the USDT dominance show a great opportunity for you. if the first one happen and you still have available liquidity of stables coin you might have a chance to build up your portfolio again. if the 2nd one happen you might wait more to gain more profit from your previous buys. if the 3rd on happen and BTC still obtain enough demand...
After most Metaverse project hype to the top, expectations rise, but projects still in the development phase so mostly all Metaverse projects lose the attention of investors. beside BTC drop heavily and large volume drop out from crypto. however if BTC and ETH show enough strength, liquidity might back to projects which once be on the center of attentions. Alice...
After several days that DXY have been surging to pass the middle of the uptrend parallel channel, today it show a little bit weakness. weakness or strength of fiat (specially DXY) is playing a significant role for risky market. however since FOMC plan to increase the interest rate and bond yield profit, DXY start to surge and influenced stock market and other...
According to the macro indexes during last months, FED increase interest rate and profit of ten years bond yield. so it's obvious that the inflation still a big problem for US and world economy. next week more inflation indexes would be published and declare that high risk market enter a winter or fiat shows a little weakness. technically DXY is in a trading...
As BTC didn't show enough strength to break resistance level and range at 43k, liquidity inject to some ALTs with high demand from institution and other investor. One of the them is ROSE which began a rally to submit new ATHs. there are 2 possible scenarios for ROSE, if the head and shoulder pattern complete, price might face a big correction . in the other...
According to whalestats.com during these days top ETH whales start to accumulate FTM, if it's going to continue next days and the amount of FTM which is hold by Exchanges drop more. FTM could submit a new ATH. although short correction would be inevitable to gain enough power to break resistances just like what we see with MATIC.
According to Frost and Prechter Elliot waves, both progressive and correction waves are seems end already and BTC wondering begin a new cycle or not! there is a possibility that BTC's new Progressive wave start soon. by Observing ATR(Average True Range), the pattern is similar to what we have on 29th Sep 2021. Price is exactly on a strong resistance point and...
According to the FIL charts it is obvious that the FIL is on the 3rd wave of correction Elliot. as soon as the 3rd wave finish, Elliot impulse waves might begin, beside CAKE have a exactly chart, I wonder to myself how is that possible!!! if anyone have a guess it would be appreciated to share with me and the others. however I'm very bullish for both of them.
According to the Messari Report for 2021, Near protocol is one of the top Projects that drawing company investor pretty much. as we see during last days Near start a parabolic movement with increasing in Volume. It would not out of reach for Near to fill previous shooting candle that is clear on the chart. The buy back zone give us a chance to get a ride on Near's horse.
Most altcoin are in trading range as bitcoin have not been showing enough strength, one of them is FIL. FIL should break the trading range unless more correction would be on the way ahead. as the market growing up, projects need more space to save their data. be patience and watch how this field pump through this year . currently Fil is around a good recovery point.
According to the chart Harmony make a beautiful cup and handle pattern, the down trend line was broken up and harmony accumulate due to updates. there is a genius team behind the project. working to add new shard, each shard make ETH network more scalable and faster than before. I will add a huge amount of one to my portfolio and I believe, ONE fill previous...
If the parallel channel broke, FIL probably face a new cycle according to previous cycle which is also a super down trend, we might finally face a true bull cycle. that open a new horizon to one of the first Coin which using proof of space to valuate itself through the other incoming Proofs. as we see Fillcoin face a bad news that the wallets of holds file with...
last week BTC recovered from down trend after 5 weeks but I believe bears may not lose the rope. last days of 2021 was full of hope for crypto market, the 50k mentally resistance of BTC was broken and almost all altcoins start to accumulate during last days of 2021 even some ALTs reach their ATH. I guess market would be in trading range during Holidays because ...