Taking into account inflation using FRED's WM2NS money supply I use the BTC/WM2NS composite. On the weekly chart trendline and 200D SMA confluence suggests one last flush or that BTC is close to bottoming out.
Top AVWAP - 2021 yearly open Bottom AVWAP - May 2020 selling climax Price is currently compressed between both AVWAPs trading in a range. We deviated above the AVWAP and the 2022 yearly open pivot, confluence with the trendline & 200D EMA . Many are calling for price to move to the $29,800 area but I can instead see price deviate the bottom AVWAP and...
Bulls look stronger than the bears here. Momentum behind the protocol with the introduction of leveraged perps. Long above the trendline noted.
This chart looks great in my opinion and should be a long-term hodl for anyone exposed to crypto. Major resistance area is a key level to flip, alongside the trendline noted on the far right-hand side. $XMR has no real competitors, it is fundamentally better than any other privacy coin with the key fact that it is actually used for merchant transactions unlike...
$GNO have been placing large incentives for $GNO holders who stake their tokens with airdrops and other incentives. $GNO are reportedly raising $100m at 1.25b valuation and are potentially carrying out another airdrop for $GNO stakers. Could see some wild price action this year.
$ETC will reach at least $200 if we enter a bull market
See title, a really brutal dist. range and resulting downtrend, rip PLTR holders Looks to be forming a bottom accumulation, tough to pick a side for now...
Momentum indicators point towards some relief for VYGVF; stock is down almost 80% from recent highs as well. Bitcoin seemingly bottomed may influence the stock price, but in the long-term the weekly chart looks dire so I could easily see this going lower.
Looking at the FTX ALCX chart the draw down on this has been intense. This should be trading a lot higher considering the novelty of the protocol.
Lows been swept, flip the resistance then probable this thing goes into price discovery
Refer to picture - accumulation + 4H 200EMA Retrace to VAH, would aggressively take profits near this point
$GRG could be an outlier in an uncertain market; nothing stops the pastry flow
If we are really bullish on this, watch for a wick down to the circled area then straight back up out of the range to retrace. LRC was very strong before the Bitcoin downtrend; looking for similar action whilst Bitcoin crabs.
Trendline holds, expect a choppy year ahead (neutral) Trendline fails, expect a move to the low of the range (bearish)
Interesting downtrend break fractal, 50% retrace seems likely Close eye needs to be kept on Tradfi (esp. with the likelihood of further hike rates) Major BTC option expiries are dated on-chart; can expect volatility between both noted dates
This is likely to be one of the best looking DeFi airdrop charts if BTC continues the current uptrend
Trendline and S/R - let's see if it holds These guys make PEM fuel cells for marine vessels. New IMO regulations are clamping down on maritime vessel emissions therefore we could potentially see a surge in fuel cell and battery use on ships which would be bullish for BLDP
Wyckoff re-accumulation looks to be in play imo. Price has pierced the minor creek already; next up is the major creek and into price discovery. Weekly EMA-30 in blue.