Price Action is jumping between strong lines which acting as support and resistance at same time
ChainLink ($LINK) is a middle layer concept to connect smart contract blockchain with external off chain data inputs. Still in the very early stage of development, however, it gained significant importance upon the partnership of Google, which shot price in 10X. Ranked #11 with a current market capitalisation of $USD 1230 mn. Technical Analysis Low correlation...
What is $CHZ? We are the leading blockchain-based sports & entertainment tokenization platform. Fundamental Analysis, Socios.com partnered with UFC, which was taken very positive from community Recently $CHZ got listed in several exchanges (HBTC, CoinDCX) Socios app which is the main engagement app expecting plenty of new features in June. As per CEO's...
In recent pass there were turns at strong monthly resistance levels June 2019 - $13800 Level & Feb 202 - $10500 Level Mid March expected support was at $7777 level. However covid19 crash brought in new yearly low, while weekly support level of $5340 was respected. For last 6 weeks we see up trending weekly candles with selling pressure being high on 4 weeks,...
Ontology ($ONT) is a smart contract platform. Still in the very early stage of development. Ranked #30 with a current market capitalisation of $USD 270 mn. Technical Analysis High correlation with $BTC movement. HTF are showing a descending triangle movement which is in continuation over a year now.Currently at ALT levels. Daily graph is showing a very strong...
I know this a coin with massive following, but does it have a proper user case?
Just an Idea.. let see how it works by EOD
$FUEL #FUEL broke the local resistance at 40 sat, and now most probably it will flip to be a support. Make an entry at 40 sat Stop loss at 35 or when $BTC goes crazy. 25% of volume at 45 with 12.5% profit 25% of volume at 50 with 25% profit 25% of volume at 55 with 37.5% profit 25% of volume at 60 with 50% profit Join Binance: www.binance.com Join Binance...
$DOCK broke the local resistance at 125 sat, and now most probably it will flip to be a support. Make an entry at 120 - 125 area. Stop loss at 110 or when $BTC goes crazy. Even 100 if you are high risk, or hold it longer if have holding power. I will set exits as below, overall 28% profit from entire plan. 50% of volume at 148 with 18% profit 25% of volume at...
$CELR broke the local resistance at 50 sat, and now most probably it will flip to be a support. Make an entry at 50 sat, there is a slight possibility of this order may not get filled. Stop loss at 45 or when $BTC goes crazy. Even 40 if you are high risk, or hold it longer if have holding power. I will set exits as below, overall 50% profit from entire plan....
$VET became one of my favorites after I saw it created a strong support at 35- 40 sat area. So I brought in bag full of $VET during it lower consolidation area. My recent analysis using Fibanacci reflects that we might see a strong uptrend in $VET if $BTC keeps stable. You can enter between 85 - 90 area. Stop loss at 75 or when $BTC goes crazy I will set exits...
It's amazing how Gold is supporting Fibonacci A picture speaks thousand pips
Since start of September many crypto analyses were pointing out about the descending triangle in BTC/USD charts. Alot of people believe support line at $9000 was broken by end of September. When looking a enlarged chart I still see BTC/USD is still not out of the descending triangle.
I drew a new Fibonacci Retracement from the recent high ($13,745) to recent low ($9,085). I was able to see it is nicely supporting $9,085 - 0 Level was touched twice, sow this shows a very strong support $10,182 - 0.236 Level has been breached 4 times but, every time it has been able to break upwards, showing very little support/resistance $10,861 - 0.382...
Firstly, I'm a newbie and this is my first idea to be published. In my view, BTC is heading on an uptrend, a pull back is always healthy. I was seeing a trend line upwards, but suddenly again BTC pumped and created a new trend line. However new trend line was short lived and it came back to previous trend line. Currently its trying to break a new resistance at...