Pump
XEN Time Again?Patience is a virtue and is definately necessary trading low liquidity alt coins.
Low liquidity is what allows massive upside but like leverage trading it also alows for massive moves to the downside.
Xen has been showing signs for a few days that sell pressure is decreasing.
There was hope a few days ago of a reversal after retracing 50% of its 10x move up from the bottom. Unfortunately we did see a small relief pump but have continued down.
We have now retraced to our last real high volume node just below the 61.8 level.
There is a CLEAR down trend on the chart and braking this trend at the last real support level would be extremely bullish for a serious relief pump or full reversal and continuation to new highs.
We are looking for a brake of this trend at 0.0000045 and HOLD or retest before swaping from eth back to xen.
This chart is a daily bar chart showing the amount of time it took to exaust our first real uptrend. Typically this is a good indication of how much time it takes to complete one cycle.
Looking at the oscillators we can also see the wave trend is bottoming out and the stochastic is starting to curve slightly to the upside.
We have marked the dates on the chart along with 25% time increments to monitor progress.
LunarCrush (LUNR)Lunr price today is $0.3 with a 24hour trading volume of 1 million dollar
LunarCrush provides social insights for cryptocurrencies and Lunr is a utility token rewarded to LunarCrush users for the work they put into LunarCrush
I remember the first time I talked with Joe Vezzani the CEO of the project it was 3 a.m and I loved everything about their team and their mission and they still crushing it
I started investing since the price was 0.14 and I think we going to see much higher prices
targets 0.39 , 0.50
CryptoGPT | GPTCryptoGPT raises funds at a FWB:250 million token valuation
GPT price today is $0.074 USD with a 24hour trading volume of 14 million dollar. CryptoGPT is up 12% in the last 24 hours
CryptoGPT announced raising HKEX:10 million from DWF Labs at a FWB:250 million token valuation but only HKEX:420 ,000 of the total amount has thus far been invested by DWF Labs, CryptoGPT co-founder and CTO Dejan Erja. CryptoGPT, a zero-knowledge layer 2 blockchain network attempting to leverage the success of artificial intelligence. The GPT token was launched last month and its current fully diluted valuation stands at around FWB:210 million, lower than what DWF invested
after making almost 3X since listing and a correction it tries to hit 0.079, 0.085, 0.089 and 0.093$ targets
Xen Ready For Next Leg Up?Xen has already enjoyed a 1000+% price increase from its bottom but has also already retraced 50% in only 11 days.
The question is how far down will the retrace take us?
While it has happened quite quickly a 50% retracement is pretty significant and an appropriate place to look for at least a relief rally for a double top or full reveral and continuation to new all time highs.
Currently looking at a 4hr line chart we can see we are making a possible double bottom right at the 50% retace mark with bullish divergence.
If we hold this level, price will be making a lower low with a higher low on the oscillator at a key support level after a 50% price drop.
High potential pattern for brake a out or relief rally.
🔥 DOGE Regaining Strength After Twitter Icon UpdateIn my last DOGE analysis I talked about the fact that Elon Musk updated the Twitter logo to the Doge icon, which naturally has led to a big move upwards. However, like often has happened, DOGE dumped right after the bullish news. Still, my first target got hit fairly quickly, so congratulations if you took the trade.
Inititally, I thought that DOGE would go down further. But, as seen on the chart, the bottom support held and caused a decent bounce.
Furthermore, Twitter has recently started a partnership with eToro to integrate trading into the platform, which is bullish in itself.
If Elon wishes to pump his Doge bags further he could integrate Doge as a way to pay fees (like BNB for Binance), for example. Decent probability that Doge will be further integrated into Twitter, which would obviously be bullish for the token.
Keep an eye on Doge!
EGLD (MultiversX) - accumulationIt seems that EGLD has formed a quite strong descending range trend on the monthly timeframe, so it is maintaining a downward movement.
Currently, the price is supported upward by a range trend on the weekly this time.
However, I have identified some potential zones for the long term (at least 6 months, preferably a minimum of 1 year, or until targets are reached).
A first opportunity (which can be taken as a short-term position) would be the daily support at $38.4, and the moment when this support is reached is important, preferably together with the weekly trend - as a short-term position.
The weekly support at $34.54 looks very good and can support the movement.
The one at $29.8 could represent a good zone, but we should keep in mind that it has been tested.
The best accumulation zone from my point of view is this monthly support at approximately $11.
As zones where profits can be "locked," I have identified:
The daily resistance at $44.27 represents a quite important piece in the shorter term or the monthly descending range trend.
The weekly resistance at $56.7 looks good enough.
A really good and important target, that high at $64.
And for the more patient ones - the daily resistance at $ 132 and the 3-month one at $205.
It is easy to do DCA (just spot) at each support level, but the capital allocation will be different. Likewise, for collecting profit, a little bit at each target. I will follow these zones with interest, I am not exposing them just for the sake of exposure.
What I presented is not investment advice, just a personal view. Each person is responsible for their own decisions, don't put all your eggs in one basket, and don't invest more than you can afford!
SFP/USDT 1D. Basic trend. Local situation. Channel.In the basic trend of the coin a downtrend channel has formed. The price is now near the medium of that channel.
In the secondary trend we have pumps from time to time. From the last pump a downtrendline has formed in the secondary trend.
In was broke out and retested. Shown on the chart. From that breakout a symmetrical triangle started to form. The basis of it is 180%(666).
The price locally is near the support of that symmetrical triangle. Locally it's in consolidation for more than a month with buy outs time to time.
The nearest local target is the resistance of that triangle(near 40%). The more medium term target is about 180% which lays on the top of the basic trend channel(downward one), the top of the secondary trend up channel and it's also the target of the secondary downtrend(which was broken previously).
With this coin also it's brother TWT might move, but the cap of the last one is slightly higher than the SFP.
Also i guess it's worth to notice that there was a manipulation with the capitalization of SFP. It raised more than 3x, while the priced hasn't moved that much.
You can check it on the coinmarketcap on the page SFP, by clicking market cap near the chart.
With TWT, however there's no such thing happening, but there is abnormal capitalization from the start of the trading pair on binance(huge pump before listing).
Time cycles also tell us that there's a pump possible closer to 14-16 april.
I attached my ideas on ru language. It's on TWT and SFP.
Polygon (MATIC) ATH !Polygon price today is $1 with a 24 hour trading volume of 2.6 Billion dollar. MATIC price is up 17% in the worst days of crypto market
bear market is the best time to build and Matic team used this opportunity splendidly, they partnered with Nubank, Meta, Reddit and other good banks and companies
now on btc pair we back to ATH again and usd pair hold its up trend . if you managed to buy it at 0.00002 its time to take some profit and have some fun and If you waiting for scalp then we still need to break 0.000066. right now Matic do a healthy correction and if BTC recover we ready for new ATH
what do think about Matic chart?