My dear reader, here we have another "ending diagonal," the same pattern we reviewed twice earlier today. ➖ XDC Network (XDCBTC) is now turning bullish. After a "down-wave," the action becomes less steep and the "ending diagonal" develops. We could say this is simply the slowing down of the bearish wave for the actual reversal. ➖ XDCBTC produced a low late...
Monero is something different, and yet it is the same. Monero is Bitcoin but private. A private Bitcoin. Here we have a really, really long consolidation phase. We are looking at 959 days where Monero (XMRUSDT) has been moving within the same price range. This price range, between 190 and 120, was actually first activated in November 2021, so this consolidation...
Here is another chart that shows how the Altcoins will behave if Bitcoin moves lower (or higher). I will sum up the whole dynamic I've been explaining in the past 45 days in this trade-idea. Bitcoin is trading really high, around 60,000, the same as back in March/April 2024. Here we have OmiseGO, and recently this pair hit a new All-Time Low. OmiseGO is trading...
The last time Ren Protocol produced a major low vs Bitcoin was in August 2018, more than six year ago, 2,177 days... Good afternoon my fellow Cryptocurrency trader, how are you feeling in this wonderful day? I remember when I first found this pair in 2018, it was a "hidden gem," but what about today? Today, it can't be better, we are looking at the lowest...
Now, this is truly short-term... The 215% target. Secret Network is trading at a new All-Time Low and growth potential goes beyond 1,000%... It will be something big. But this chart only shows the reversal and short-term signals. Once we are in, a great entry price, the market will take care of the rest. The most important part for spot traders is to buy...
This is a nice one. A chart like this reveals pretty quickly its potential. LTO Network (LTOBTC) moved above a "long-term resistance," this is marked on the chart with a blue bold line. It is easy to see how this level worked as resistance in late 2023 and also early 2024. After this level was broken, we saw growth. The correction sent prices below resistance...
Different chart, same patterns. The Cryptocurrency market is one. All the pairs and projects have a strong connection when it comes to their charts, movements, cycles and price patterns. ➢ What one does, the rest follows. Here we can see Celestia (TIABTC) producing the same price dynamics, same patterns and conditions we just saw with Stargate Finance...
Good Sunday my dear supporter, let's stat with some simple signals and we will go deeper into the market dynamics as we warm up. The first chart today is about Stargate Finance (STGBTC). The pattern in blue is called the "ending diagonal," it shows up at the bottom of a trend. Stargate Finance has been going down since February 2023 vs Bitcoin, and it seems it...
This is a very simple chart... Once more, I am tempted to show you the linear chart before we proceed to read the logarithmic chart, why? Because it gives us a true perspective as to where we stand when it comes to pricing. With the log. scale, we are looking at the chart in terms of percentages, while the linear (arithmetic) scale shows the chart in nominal...
While we are going to be looking at the log. chart for The Sandbox, when we look at the linear chart we can simply say that this pair is trading at bottom prices. A simple accumulation strategy is the best practice for pairs like this one. With the log. chart (the main chart above) we can know exactly what has been happening, let's consider that one now for...
Here we have a perfect double-bottom and this tends to work as a reversal signal. A double-bottom means that the previous bullish wave has been corrected by 100%. That is, TFUELBTC hit a low and this low was followed by a bullish wave, a correction then removed all gains with support being found at the exact same level before the original up-move. In this case,...
To warm up, let's look at Neo while keeping it simple. ➖ In 2020 we have a major low on this chart, the All-Time Low. This low comes as part of a consolidation phase after a major bear-market. ➖ The consolidation phase leads to a bull-market, that is, a strong bullish wave. Neo has been printing higher lows long-term. ➖ After the 2021 bull-market, we have a...
Near is nearly trading at all-time low levels. First, a multi-year low hit 14-August. Second & last, a new low hit this week, barely lower than the low two months ago. This is a very strong bullish signal. If this pair intended to continue lower, the lower low hit in the current session would be many times lower compared to August, instead we get a double...
Don't tell me you are one of those that belief the market will grow forever, for whatever reason; the CPI. Don't tell me you belief that stuff. If you belief it, how come you are reading this? Are you still bullish? There is surely a time and place to be bullish, there are surely many pairs and projects that are bullish but Solana is not part of this list. ➖...
My dear friends, here I find an amazing chart setup for a glorious SHORT on Tron (TRXUSDT). This setup becomes stronger and more appealing because of the recent final upward push. These types of moves coming out of nowhere can signal the end, the last hooray, so to speak, of a bullish trend. There is a very strong bearish divergence since February with both, the...
Yesterday we saw Nervos Network (CKBUSDT) growing an astonishing 115% in a single day, a single candle... What does this means? I will get straight to the point, you never see 115% growth in a bearish trend, in a bear-market in a single day. This means that the Altcoins are out of the correction and that we will see massive growth; just as expected. 👉 The pairs...
The October 2023 support has been activated. We will look at the daily and weekly timeframe for this one. The main chart above is the daily. In October 2023 we have the main and major low. In January 2024 we have a higher low. Needless to say, the low/higher low dynamic leads to a strong bullish wave, in this case, more than 600% in size. Present day, after...
Here we have the chart for CKBBTC (Nervos Network), this is the exact same price dynamics we are seeing with the other pairs that I've been sharing with you. Let's review the chart. A bullish wave starts from a low in late 2023. The bullish wave peaks around April/March 2024. The peak leads to a correction. In August we get a major low and then a short-term...