Cardano broke out of the Head and Shoulders pattern early this year and formed a bullish continuation flag. We did get the bullish breakout and did break trough the next two resistance lines. During the market crash ADA dipped back to the 0.5 Fib line but mainly the 0.3 Line did hold. Nearing the Goguen era with Smart contracts we look at a bright future where...
REEF did bounce back from the support lines around 0.016$ and 0.023$. We now look for a support around 0.03$ which was a previous resistance line. REEF stalled during march and april so it has enough to catch up and we expect REEF to perform well during the next months. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit...
QTUM did see a huge pullback >70% and is now at a critical lvl around 8$. This and the 4.5$ support are nice entry levels. We are currently >10x away from the ATH around 100$ and Qtum did have great news this year. This graphs shows you why it is smart to take out some profit along the upwards ride. Then you have to buyback at lower levels. Basic rules: - Never...
Cardano did rally to new ATH around 2.4$. Some speculations about Elon accepting ADA as payment did help as well. At one point the FUD did influence the price and we saw a huge shakeout well >50%. Luckily most people in the Cardano system are more of the hodl and stake type so we don't expect mass panic in ADAland. Currently we got back new upwards moving...
One Harmony currently is volatile like crazy. We even test the upwards moving line we did draw several weeks ago and did not expect to hit it at all. Now here we are now testing the last support line before we potentially fall back to 0.03$. We expect this support to hold unless people can't hold themselves and continue with this FUD all around. Basic rules: -...
Currently Neo closes the gap to the old support arounf 40$. We still did not see new ATH which lies around 180$. However, we stay optimistic for this year to reach new ATH after the dust settles from this current pullback. We broke out of the upwards channel and try to get back in again. The volume over 2021 is high which indicates demand. Basic rules: - Never...
Ontology is currently retesting the 0.9 support line the second time. It did hold strongly during the last test and we assume it will again. We did break out of our upwards moving channel and have to take another shot. Checking the RSI we see that we are near the oversold region and the volume is in a steady rise since 2021. Basic rules: - Never buy the...
Like the whole market also REEF did see a major pullback despite recent bullish news. This is the opportunity to buy REEF at a previous support level like 0.023 or 0.016. Currently the whole market is in panic mode but once the dust settles and people realise that they should take FUD too seriously they start investing again. The RSI currently is closer to the...
If you followed the EPS charts you noticed that we stayed bullish on this coin. Currently the situation is the following: We don't have any support line left and are currently in free fall. What does this mean? It basically means we have no idea if and at what price level this coin turns around. Will it turn around? Most likely yes, since the use case of low...
Like the whole market Stratis did see a major pullback. Looking at the chart against Bitcoin we see that we got pulled back near our ascending line (violet). The first resistance line around 0.000062 was taken out which will make it easier to go through the next time. Looking at the RSI we see that we get close to oversold regions. Checking the Fib we recognise...
Hello Everyone It seems that many currently have a hard time and probably are not familiar with this market volatility. This dip looks a lot like march 2020 where Corona started and countries did close their borders. At this time there were days where we dipped 40-50% and did not recovery soon at all. We think this time it's much different not only because many...
Ellipsis as you already know did bleed out since the beginning of april where EPS was Binance listed. We now got a double bottom which is a strong reversal sign. Check out the volume increases and you will see that over the last month the increases appeared during upwards movements. These coins were not sold according to the chart which means most people that...
Raydium as the leading DEX for the Solana Ecosystem which still is very young. According to the upwards parallel channel we get a perfect entry opportunity and can enjoy the ride. The volume increase is appealing and a bullish sign. So far Raydium did not see a big pump so you are not too late for the party. Basic rules: - Never buy the top/ATH - Take profit as...
Stratis did a bullish breakout from the Head and Shoulders pattern. We even did break the first resistance line and are currently consolidating above it. If we manage to hold above the old resistance line and turn it into support we can expect further upwards movement. Checkout the twittersite of stratisplatform which is very active. Basic rules: - Never buy...
We look at ONT since Feb 2021 where we started this parabolic recovery. 150% is already reached and we did bag some partial profit. The last resistance arounf 2.6$ was now tested and we did fail to break it the first time which is not unusual at all. The more often we test this reistance line the more likely it becomes that we can break it. After this resistance...
We could bag 70% from our last entry and take partial profits around 130$. NEO as any other coin is suffering from the market dip and is testing the 0.3Fib again. If the bearish news and all the FUD around this dip stops we are likely to see some more upside movement. NEO just started its longterm recovery. Basic rules: - Never buy the top/ATH - Take profit as...
One Harmony currently affected from the market dump retests the 0.6Fib which is around 0.1$. We consider the 0.1$ as the new floor and expect the price to meet 0.2$ again. In the bearish scenario we even drop down to 0.08$ where the 0.7Fib is waiting. May 14th at 11am PST is the AMA with the CEO of OneHarmony where we maybe get some bullish news that helps...
Reef did had a hard time and some bad news. That's probably one of the main reasons it consolidates within the drawn triangle. Upper resistance now was tested for 3 times and every time the resistance gets weakened. We therefore assume to see an upper breakout soon. So far we don't really have price targets since we would move into price discovery mode. Set your...