Did it really take you one full year to realize that your favorite layer 1 is just a piece of shit? Let's get back to business. Eth/btc has been consolidating for one full year inside this triangle, fake breakouts on both sides The Merge is near. Terra capitulated, crumbling the layer 1 narrative to dust. Now it's time for Ethereum to shine again Price is...
Yearn Finance (YFI) had a convincing breakout today against bitcoin which could signal a new bullish cycle for the coming weeks/months ahead. As you can see on the chart the 0.6 level has been supported three times over the past months including a longer lasting rounding bottom, which signals accumulation and provides us with an ideal setup. A cup and handle...
Today we are looking at the bitcoin dominance chart. This chart is essential for every cryptocurrency trader. It tells us what percentage of the total cryptocurrency market is invested in bitcoin. By analysing this chart we can unravel the sentiment of bitcoin compared to the altcoins. Looking at the chart we can see that the bitcoin dominance has found support...
VeChain with it's ultra strong fundamentals is looking for a breakout. We can clearly see that the 95 sats level has been supported by the bulls three times. The pair is consolidating in a descending triangle which is a bearish pattern. However because the market sentiment is very bullish this pattern is more likely to breakout to the upside. Currently the bulls...