Performance Recap (Previous Analysis from 10/8/2023): • Entry: 27,948 • Targets Achieved: o 63k (+127.81%) o 96k (+244.56%) • High Reached: 108k ________________________________________ BTC/USD Daily Chart Analysis Technical Analysis (Current Scenario): Chart Patterns: • Cup and Handle Formation: o Confirmed breakout signals bullish...
MOVEUSD 1HR Chart Analysis Overview: • Listing: Recently added to Coinbase last week. • Initial Trend: Price immediately entered a downtrend but found a floor by the end of the week. Pattern Formation: • After establishing a floor, the price moved sideways, forming an Accumulation Phase. • Breakout Confirmation: o Yesterday: A spike in volume led to a...
Technical Analysis of Stock SOUN Introduction: SOUN, founded by a computer scientist from the dot-com era, has garnered significant attention from investors, including heavyweights like NVDA and Kleiner Perkins. Notably, Kleiner Perkins' backing is a considerable endorsement. The company's innovations, such as AI-powered burger ordering at White Castle,...
A8USD Daily Chart Analysis My initial analysis was spot on, with the first trade netting a +205% profit in just 1 week: ________________________________________ Current Analysis BTCUSD appears to be in the early stages of a continuation of its long-term uptrend. If this holds true, altcoins could see substantial benefits, and A8USD shows strong potential...
XRP/USD Daily Chart Analysis XRP is one of the OG altcoins that has maintained significant hype over time. • Accumulation Phase: After being dropped on Coinbase in July 2023, XRP experienced a steady decline, entering an accumulation stage that persisted through November. • Breakout and Uptrend: In mid-November, massive volume flooded into the coin,...
DEGENUSD Daily Chart Analysis • Coin Release: DEGENUSD was released on Coinbase in mid-October 2024. • Pattern Formation: From its release through November 10th, the price formed an Inverse Head and Shoulders pattern. • Breakout: On November 12th, the price broke through the neckline, rallying over 230% before pulling back. • Support: The price has since found...
SHPINGUSD 1HR Chart Analysis Overview: This analysis examines the shorter-term price movement for SHPINGUSD on Coinbase. Price Action Summary: • On December 7th, 2024, SHPINGUSD reached new highs for the day but subsequently entered a downtrend, dropping below the 50-day EMA over the next two days. • Over the past three days, the price consolidated...
SHDWUSD 4HR Chart Analysis Overview: • Release Date: Mid-April 2024 (Coinbase). • Initial Trend: Entered a step-down downtrend from release through October 2024. • Current Context: Found a potential floor at the beginning of November 2024, followed by a sideways movement during the month, suggesting accumulation. Pattern Formation: • Reversal Pattern: Price...
VELOUSD Daily Chart Analysis VELOUSD has exhibited distinct market cycle phases, presenting a strong bullish setup . Key Observations 1. Market Cycle Phases: o From April to July 2024, price underwent a steep downtrend, indicative of a distribution or markdown phase. o Between July and November, price transitioned into an accumulation phase, consolidating within...
ZETACHAINUSD Daily Chart Analysis Overview: ZETACHAINUSD is a relatively new coin on Coinbase, launched at the end of September 2024. Chart Pattern: • The price has been trading within an expanding triangle pattern, with well-defined support and resistance levels. • Currently, the price is sitting at a support level, suggesting a potential reversal. ...
KARRATUSD Daily Chart Analysis The chart for KARRATUSD suggests a bullish opportunity with strong technical confirmations. Here’s the breakdown: Key Observations 1. Bottom Formation and Breakout: - Price formed a bottom in September 2024. - The breakout from that formation saw a volume spike and expanding MACD momentum, resulting in a price surge of just over...
BONKUSD Daily Chart Analysis • Background : BONKUSD was introduced on Coinbase in December 2023. From its launch through November 2024, the price consolidated within a symmetrical triangle pattern . • Breakout: On November 10th, 2024, the price broke out of the triangle with massive volume, soaring as high as +140% from the breakout point. • Current Setup...
ACSUSD Daily Chart Analysis Overview: After topping out between March and April 2024, ACSUSD experienced a steep downtrend, respecting the 50-day and 200-day EMAs until late October 2024. However, a reversal began in early November with strong signals pointing to bullish momentum. ________________________________________ Key Observations: 1. Reversal...
SEAMUSD Daily Chart Analysis This coin entered a significant downtrend between May and October 2024 but found bottom November 2024. • Trend Reversal: In early November 2024, the price found its floor and began moving sideways, forming a triple bottom reversal pattern. • Breakout Confirmation: At the start of December, the price broke out above the previous...
MOBILEUSD Daily Chart Analysis Timeline of Events: • February 2024: MOBILEUSD launched on Coinbase. • March–October 2024: The coin entered a prolonged downtrend. • November 2024: o Found support and consolidated sideways. o Increased volume at the end of the month pushed the price to resistance, supported by the 20-day EMA. • December 2024: o A surge...
DIMOUSD Daily Chart Analysis Market Context: With BTC continuing its bullish momentum and reaching new all-time highs, the altcoin market is presenting strong setups, and DIMOUSD is no exception. Price History: - Q1 2024: DIMOUSD reached a significant top. - March to July 2024: Entered a sharp downtrend, leading to a steep decline in price. - July 2024...
SUKUUSD Daily Chart Analysis • Previous Price Action: o A significant top for SUKUUSD was established in April 2024. o Following the top, the price tumbled through August 2024 before finding a bottom. o From August to November 2024, the price moved sideways, signaling a potential accumulation phase. • Breakout Confirmation: o The accumulation phase was...
FOXUSD Daily Chart Analysis • Between December 2021 and June 2023, FOXUSD experienced a massive downtrend, consistently trading below the 90-day EMA. • In mid-June 2023, the price began to stabilize, moving sideways along with the 90-day EMA, signaling a potential accumulation phase. • At the end of November 2023, the price broke above resistance, resulting in...