Hi NuCypher's PRE network provides cryptographic access controls for distributed apps and protocols. As secret management apps are going to make it big in 2022, this is for sure an opportunity. Since a hard pump on Oct 15th, NuCypher has bleeded slowly from ATH at 2.75$, reaching below 0.6$. Price hit the Daily MA200 and bounced today. Either we are going up...
Hi, Synthetix (SNX) is a new financial primitive enabling the creation of synthetic assets, offering unique derivatives and exposure to real-world assets on the blockchain. The roadmap of the asset is pretty exciting for 2022. Also, since Sept 2020, all synths are powered by Chainlink (LINK), for sure be one of the greatest sensations of 2022. Technically, we...
Hi, ALGO just broke out on Daily and is about to confirm the break on 1D (already did on H4). RSI indicates UP as well, I wont go into details. Considering its price level, we can expect a pullback at 2.38 before breaking ATH and going to moon. Objective is set at 5-7 dollars for next leg up.
Hi, LINK is due to an imminent breakout as RSI 1W is about to cross bullish for the 1st time since it went Bearish beginning of July (bear fakeout). I wont put the price levels for price discovery phase yet, because that would be pure Fibonacci speculation. But, my bet for LINK is around 400 euros per unit by Q2/Q3 2022. Rather I provide you with the main price...
By end of this week (candle close), ZEN 1W will confirm bounce on the ascending trendline that it started end of July. RSI 1W also indicates that it has bottomed, so prices are ready for a push up. Fibonacci retracement levels provide the objectives for the next waves. - first objective is 142, - we should correct at least 38.2% (106) - then 250, and...
Hello, I see a H4 bearish divergence driving the price of LINK back down into the 19-21 region in the short term. The target 20 coincides with the 61.8% Fibonacci retracement of the previous impulsion from 13.5 (~ July 25th) to 30.5 (mid August). I foresee a sort a big dump in the next days that very quickly drive the price of LINK down to that region. Followed...