0x vs Tether (Major Downtrend Ends, 125% Growth Next!)We can look at this in different ways...
This time lets focus on the trend.
Recently, ZRXUSDT (0x) has come out of a major downtrend, this downtrend remain active for many months.
By downtrend we mean lower highs and lower lows.
Now that the downtrend is over, what follow is an uptrend which starts with an impulsive bullish wave.
Whatever action we see now is only the beginning.
The green arrow represents the bullish path.
It doesn't grow in a straight line.
There will be retraces and corrections along the way.
We are bullish now.
Namaste.
FTX
Uniswap vs Bitcoin Looks Better (125% to 300% Potential)The UNIBTC chart looks better than the UNIUSDT chart, as a chart setup for trading.
That is because this one is trading closer near support.
We like the pairs near support because if things go south, we have less risk and it is also possible to have higher potential on the way up.
UNIBTC (Uniswap) has been challenging EMA50 for the past ~7 days.
We are seeing a break above this level today.
The MACD and RSI are looking ready and strong.
We have very low risk here...
With high potential reward.
Namaste.
Uniswap Prints Same Bottom Pattern as Waves (250% Potential)I don't know if you remember my WAVESUSDT chart but in it we spotted a "W" bottom pattern just like this one...
WAVESUSDT then went to break its All-Time High and continues growing everyday... (Still growing today!)
Chart:
Now we are looking at Uniswap (UNIUSDT) and its price has already conquered EMA50, EMA21 and EMA10.
What can follow is really strong bullish action, just as we saw with Waves.
Additional details on the chart.
Namaste.
Reserve Rights vs Tether Chart Update (125% Potential Profits) We spotted the bottom for RSRUSDT (Reserve Rights) in a previous trade idea, you can see it below:
Reserve Rights Prints Reversal Candles At Support
(March 14, 2022)
There isn't much to add.
We have bullish indicators and the same EMA50 resistance which we looked at on the RSRBTC pair here has already been conquered here...
We are aiming at higher targets...
Much higher, see the chart.
Namaste.
Reserve Rights Breaks Above EMA50 After (125% Profits Potential)We can see multiple attempts to break above EMA50 without success on the RSRBTC altcoin trading pair.
The 29, 28 and 27 March.
Today, we see prices trading above this level (0.00000037) which is a very important one.
As soon as RSRBTC manages to close above EMA50, we can expect a sudden jump to 46 satoshis (0.00000046) followed by 64 satoshis (0.00000064).
This can be achieved easily after this initial resistance level is taken out.
On the other hand, RSRBTC has immediate support at 33/34 satoshis (0.00000033-34) and 29 satoshis (0.00000029) as main/strong support.
You can find the targets with additional information on the chart.
Namaste.
Coinbase Going Bullish | 25%, 59% Possible Within WeeksI wouldn't recommend this exchange to anybody unless you have no other choice... If that's the case, then Coinbase it is.
COIN has the potential to go up now that EMA50 has been conquered (candle close above this level).
We also have a rising window/gap 15-16 March, the action tends to go towards the window, in this case upwards.
The MACD has gone above zero (bullish) and the histogram is now green.
The RSI has gone bullish/strong at 59.64.
You can find multiple targets (resistance levels) as well as support in the above chart.
The first target can be hit easy, 26%, the rest we will have to wait and see...
Thank you for reading.
Remember to enjoy your life.
Namaste.
Dusk Network Bullish Breakout (150% Potential Profits)We have a nice one here with DUSKBTC.
We can early see a break out of the downtrend that started mid-January, together with a close above EMA50 just minutes ago.
We also have a volume breakout and the MACD and RSI now strong.
Here I am mapping a 150% potential target...
Prices can go down just as they can go up.
Thus, plan ahead.
Do your own research.
Set a stop-loss.
Namaste.
Tether Dominance Update + Previous ChartsI used this char to calculate a peak of around $58,000 for Bitcoin.
(This is only if USDT.D hits MA200)
I also used it to confirm Bitcoins bullish bounce.
USDT.D and BTCUSD have an inverse correlation.
March 1 2022
28 February 2022
Thanks for reading.
Namaste.
Ren Has Huge Potential For Growth (Long-Term Chart)This is the same chart I've been sharing in the past and things are going just as planned.
We can see all the classic bullish signal, the divergence with the indicators, the bullish cross, prices moving above EMA10, etc.
Patience is key on this one.
Here is the previous chart (March 2):
Namaste.
Compound vs Tether Very Strong 250%, More Advanced Than COMPBTCCompound vs Tether is looking better than COMPBTC.
COMPBTC has higher potential for growth based on the chart technicals but COMPUSDT is already above EMA10 and...
We have strong trading volume.
3 Consecutive green weeks/candles.
A higher low compared to Nov. 20 2021.
Bullish cross on the MACD and RSI.
The same falling wedge pattern.
And as I just mentioned, prices trading above EMA10.
These are all bullish signals on the weekly timeframe, which makes them 7 times stronger than the daily timeframe...
Something good can happen next.
Namaste.
Compound High Potential For Growth, Strong Bullish Signals 700%+Compound (COMPBTC) is looking really good, we will focus on the main/classic signals once more.
The classic falling wedge, beautiful.
The TD Sequential went through a perfect -9 and is starting to turn.
We have bullish divergence with the MACD and RSI (this is the weekly timeframe).
We have a bullish cross also on both indicators mentioned above.
The compound developers team are also changing the projects structure to reduce its rewards by 50%, which is also stimulating its prices growth.
The above signals are all bullish, we are looking at over 250% potential and up to 725% for the full bullish jump.
Namaste.
OMG Network Next Short-Term Target MappedOMGBTC (OMG Network) is really strong right now as consolidation is taking place above EMA50, EMA21 and EMA10.
Today's candle is starting on a bullish note...
The next resistance is set at MA200 short-term, that's 0.0001612.
This almost coincides with the 0.786 Fib. retracement level for the last bullish wave.
That's a 30% jump, really short-term...
There can be much more when you look at the mid and long-term targets.
See my previous analysis for example... 555%+
Namaste.
Internet Computer Two Bullish Signals | Aiming At 85%+We looked at ICPBTC (Internet Computer) yesterday...
Let's have a look at ICPUSDT today!
We have two signals to look at on this chart.
First, the MA200 indicator.
When this indicator is moving down coming from above, prices tend to gravitate towards this line.
MA200 is the black line on the chart.
And we have the Adam & Eve bottom which we looked at many times a few days ago...
The indicators are bullish; ICPUSDT can also grow.
Leave your questions in the comments section.
Let me know what you think of today's charts.
Namaste.
Cortex vs Bitcoin | Another Type Of Signal/Data To Look For... I didn't want to share this one as I believe there isn't that much people talking about it but, we focus on the charts.
The blue space here is a support level; CTXCBTC.
We have a long descending channel that isn't descending anymore and then we have all this mixed price action near support... That's the signal.
The fact that we are seeing long upper shadows/wicks on the candles lately after CTXCBTC hit support, tells us that the bears are losing steam and the bulls are trying to take control of this chart.
How do we know if the bulls won or lost?
When you see prices moving and closing above EMA10/21 first, this means that the bulls have the upper hand short-term.
When we see prices moving above EMA50...
This means that we are ready to move ahead.
So, if you were to trade this Altcoin pair you can set a very tight stop-loss below 550 satoshis (0.00000550), low risk (we use manual stop-loss) and then you would aim for the stars... Securing profits in small portions on the way up.
Again, this has nothing to do with financial advice.
I am sharing my experience, my opinion...
I am just sharing (translating) what I see coming from the charts.
Namaste.
FTTUSDT, We completed ABCHello everyone
According to the chart and according to our last analysis we published the price made and completed all correction ave of ABC and its start their movement and rally but its very soon to say what will happen and the determine the symbol of 12345 .
As you can see that we shown a kind of route that we expect the price can go up and move like that.
If you wanna buy or take in position waith until the price break the channel and then you can take long position in pullback in lower time frame with a little stop loss.
Dont forget stop loss and observe capital management and first take signal then take in position and entrance in any.
Previous analysis :
Good Luck
Abtin
Potential weekly breakoutFTT (FTX.com) exchange coin shows signs for a potential weekly kind of breakout. MACD histogram and the Oscillator look good for it.
It sits under the resistance with -0,0004 % funding rates right now. I monitor the funding rates on it for quite awhile and say that the rapid gains are clearly a soft low volume short squeeze till now.
I'm not long but I have a FTT spot bag myself, which in DCA'd in for awhile.
Long:
- Aggressive support play: Go in long on the next smaller timeframe pullback.
- "By the rules" breakout play: Go long on this potential breakout on the retest of it .
Short:
- Pessimist resistance play: Become the resistance; add shorts and hopefully don't get squeezed urself.
- Defensive short: Wait for a rejection at the resistance price levels
3D (Three Days) Snapshot
Daily Snapshot
4h Snapshot
There Are Two Possibilities in the large time frame!Despite how bullish bitcoin is these days as fundamental says, of course, fundamental of the structure of the blockchain and any other technologies, not the WAR News,markets largest crypto would crash as bad as you can see on the chart, yes the blue scenario I mean, the blue scenario would be triggered if you ask me, of course, we’ll wait and see in the next months.
The priority for us in positions is SHORT!
Not a financial Advice, and like always, try to double manage on your capital, and don't forget the sentence,
Whatever can happen on a chart, will happen!
FTTBTC looks bullishFTT is expected to have 20% gain against BTC in a week or two, and it is one of the few bullish charts amongst all cryptocurrencies. No financial advice!