Sounds like the last correction before the sound of brrrr is coming before the end of August "Ci si illude ancore siiiiii " " ... ciao"
I've circled 5 touches in the lower line of the megaphone. IMO a retest on the lower line is incoming but the key level was already broken. An acceleration of the dump could be consistent if the price will cross down the 144 level(first red line). Caution is recommended.
If the price will touch the circled area i could bet in a price correction till the middle of the wedge. A little correction is expected in March by the token supply increase. In any case i don't expect a price reversal but eventually it will be evaluated again closer to the June token unlock.
Just another perspective for the next month. For first the kiss has to happen, for second the confirmation has to happen.
If the crypto env doesn’t make strange things, this structure will give another leg up. 14 and 25 dollars i bet in some days
Amazing force of loopring against BTC. Solid uptrend, HH sequence in daily, 4h, 3h, 2h, 1h. TP1: 6500 TP2: 8440 TP3: 11460 The Loopring force is related to: - zkRollUp technology for layer2 is better the optimism - Loopring is smelling strong Metaverse partenership - Looopring software is very usable, look like classic killer app made in San Francisco Could...
LRCBRC, another falling wedge, another retest, another leg up is coming in one or two weeks. Last chance to fill your bags under 5000 satoshi
Price Oscilator and volume divergence on 3h timeframe. At the moment i don't see force to breakout 58330. To gain a pullback momentum the price has to move to 55k
Divergence on RSI 7 and 14. One hour char suggests a potential trend reversal. The introduction of Halo update in January 2022 is another reason to accumulate strongly ZEC.
Seems S&P 500 is not more correlated with BTC as before but more correlated to Crypto Market Cap (TOTAL2). You could consider this a relative effect of BTC Dominance moving under 50%. It is healthy because the BTC ETF could concentrate the whales and with altcoins market is it possible to reduce the concentration. It is just a speculation.
It seems a sort of big cup and handle. Chromia Rell is great technology for game developer. Therefore I don't consider directly CHR a game token but an utility token for all games. A concrete slab for a long term grow. In term of speculation, since ALICE and DAR raised 2-3$ i may speculate CHR over 2$ at least.
After one year Chromia has keep to improve its Rell language for a simplified database programming over blockchain. It works on layer 1 and 2. It is working, it is mature, documented and more simple than solidity(10x times IMO as developer). If Solidity is the C++ of 90' then Chromia Rell is the Visual Basic. Chromia partnership with "Mines of Dalarnia" (DAR)...
Since 2018 I follow CELR and ONE. They have great devs and their groups are well supported by Binance. I remember the javascript code introduced by CELR in 2018 for the first earn-to-play vision. Today CELR is positioning in the code for infrastructure for DeFi. They introduced cBridge to move assets between layers 1-2. CELR has partnership with NervOS(Sequoia...
The pennant alone is not a confirmation but if you believe in the proportion between BNB, ETH and BTC, you may observe a gap in the BNB price.
BTC-USD was overextended during the last 48h. A correction will be healthy. A confirmation of this correction begin could be this H&S at 15m timeframe. At least a correction to 58k is possible and then we can keep the run.
After two consecutive little bull flags on 4h tf, we have an ascending wedge. The breakdown expected will not be immediate. For first a retest and after a consistent sell off.
16% pull back expected First retest completed. Invalidation possible if pullback delays this week