YFI. We are waiting for correction continuation at $9250-9750.Our pessimistic forecasts regarding the YFI fall came true.
After we published the previous idea , a two-week fall began without corrections.
The price decreased by more than $17,000, or in 2.5 times, the fall was about 60%.
As soon as the price reached the red zone, there was a rebound, which is now 50%.
Just phenomenal volatility)
Now the price is in the critical range $19,000-21,000.
From this range, in case of positive news absence, we expect a new wave of fall in the range $9250-9750.
Of course, now it sounds like unrealistic numbers and everyone is already tuned in to see the historical high update ... Well, we are ready for criticism and will gladly talk with you in the comments!
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Tokens
ATOM 12h. The range $4.3-4.4 beckons!ATOM's rapid rebound from March 2020 gave the token a new historical high $8.9. Buyers managed to fix this mark on 24 August.
The token active growth began in fact from the beginning of July. For two months, buyers confirmed their faith in the coin by their volumes.
We would like to note the range $5.5-5.75, where the price obviously slowed down both during the growth to $8.9 and during the fall.
At the moment, the token is being corrected. Sellers managed to lower the price below $5.5-5.75. This fact is the first signal that the fall will continue.
Now we are seeing buyers try to change the course of events. During the previous attack by sellers, buyers kept the trend line. However, now their buy-out looks uncertain .
Considering that we expect a total fall in the entire crypto market, the main scenario for us is short.
The first zone where we expect ATOM to fall is $4.30-4.40. There we will need to analyze candles and volumes and look at price behavior.
The above scenario will be canceled if the price fixes above 6.06. Then ATOM will delight its investors by the growth continuation to $7.22.
SXP. 12h. Critical point $1.65.SXP. Positive news are enough for the fundamental growth of the token. And if everything goes well in the crypto market, then the SXP token can first grow to $1.65. This mark will be decisive, and will tell the price where to move further.
If the news background continues to delight with positive and effective news, the SXP token may continue to grow to $2.65.
However, if bears will capture the crypto market dominance, then the SXP token will NOT get away from the fall.
Below $1.10 sellers' zone . Having fixed below this level, sellers will be able to extend the fall to $0.61.
We will keep an eye on this token! Have a profitable week!
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Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
SUSHI.12h. Final target is $0.38Since our last Sushi analysis , its price has decreased by 4 times (or fell by 75% from $2.45 to $0.55).
Our first target has been achieved.
The prospect for buyers is still disappointing. DeFi coins fall a lot. Pay attention that this fall occurs while $BTC is still afloat.
Therefore, we expect that the next target $0.38 for Sushi will also be reached.
A small rebound to $0.85-0.86 is possible , but $0.38 will still pull towards itself.
In the previous idea, we advised you to be careful with this coin and we hope you took advantage of this advice.
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Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Trading TOKENS #2Update to the previous ideas after black swan (coronavirus):
1. you could get DTR at ICO price, even bellow, for a short time period, for a high ROI or lower trading fees on the next generation platform
2. price is still above 0.0115 USD, longer term bullish support, but it did close bellow on a weekly chart and is now in neutral range above 0.01 USD
3. last wave 116.90% retracement, after a lower high, it made a lower low, which makes a short term bear range, but it expected to stay above ICO price, that is 0,013 USD at the time of the writing
tradingtokens.net
EOS showing momentumPlease feel free to comment on my charts with your thoughts or remarks!
- Yellow line = long term resistance (since 26th of april 2018)
- Yellow line is forming a long term descending triangle with the weekly support @ 3347 satoshi's
- Broke out of a falling wedge and is now in an upward channel
- If momentum lasts I'm expecting a test @ 4010 satoshi's before we head back down
A lot will be riding on the moves of bitcoin.
The Outsider"‘Under what fatal star was I then born,’ I asked myself, ‘for it now to be impossible for me
even to think of following the smallest inclination to virtue without its being immediately
washed away by a tide of woe! And how can it be that enlightened Providence, whose justice I
willingly adore, punishing me for my virtues, simultaneously offers me the spectacle of those
whose vices brought me low being raised on high to pinnacles?"
Trading TOKENS #1Current tokens prices may be attractive:
1. lower trading fees on the next generation platform (Bitstamp founder) or high ROI
2. one year bullish setup with higher high and higher low
3. last wave 61.8% fib retracement, RSI close to oversold territory, 50MA is above 100MA
For a higher liquidity you may use tokens.net and trade with DTR (Dynamic trading tokens).
tradingtokens.net
EOS the Chestahedron Abundance Coin Dual chart [BTFD]So we been giving big props to EOS recently
our first buy signal was at $5/6 and now peaked at $23, hope u took profits and looking to get in again
EOS has smashed away from bitcoins grasp in last few months but started to take shape back within the kings reach....
looking for best re-entry using the fibs and gann fans
for me EOS is like ETH last year when it was still under $10 and with ICO finishing in July it was have a huge market cap and has great press, recently an article in Forbes!
if you dont wanna get stinky rich this year then simply dont buy EOS! really easy lol but i prefer to do things backwards :)
im buying all the way down with EOS and riding all the way up to over $200 and beyond, EOS's mcap could make bitcoin and other alts look quite small when we get into just three figures...
trade smart, join our telegram chatroom with ZERO pump spam :)