💬 MBL looks like it is gearing up for a run. There are a few things that look promising here. First, price has generally been moving up since May when it began to break its bottom range and started forming these higher lows. Second, and more importantly, the price has been grinding up in a solid and steady uptrend as highlighted in the Yellow box. Betting on a...
💬 Oddly enough the Austrian government is testing out Ardor (ARDR) technology. That is bullish for ARDR, if only in that it shows adoption is real and happening on some level. Adoption is great, but what is notable is the current price action where ARDRUSDT has broken away from its current range. Let's take a look at some levels to see if Ardor can find support...
💬 Between the cryptocurrency exchange Kraken adding KAVA, the ongoing DeFi boom, and the recent series of higher highs on higher timeframes leading up to this point, KAVA's chart is looking bullish. Our goal here is to look for a pullback before price moves up again. With that in mind, let's take a look at some levels. Hit that 👍 button to show support for...
Introduction: 💬Ren (RENUSDT) is looking good overall with its current overall uptrend, now the question remains of if this can hold going forward or if this current market structure is producing a top formation? Only Time will tell but we can surely plan accordingly for both the nest case situation of continuation and worst, being a rollover and breakdown of...
💬 Stellar (XLMUSDT) recently got rejected at resistance. Stellar has some interesting ideas in the works, like a "Turing complete" contract proposal, but generally speaking, large-cap cryptos have been yawn-inducing. With that said, we have Stellar on our weekly watchlist for a reason. Let's see if XLM can find support and rally to break away from the large-cap...
💬 Celer (CELR) was red hot when it first IEO'd on Binance. It looks like the Celer love is back after a MainNet update and some bullish price action. Can this bad boy of Binance bust out of its overhead resistance, or is it back to cellar for this one? Let's take a look at some levels to find out. Hit that 👍 button to show support for the content! Help the...
💬Introduction : Today we are comparing the Dow Jones, NASDAQ, and the S&P by their annual performance to show how our open source indicator "Alpha Performance of Period" (PoP) can be used and why the results are useful. We will also look at other markets later in the writeup to see how they compare and to get a sense of which markets provide the best...
Introduction: This illustration explains the minimum Risk-To-Reward ratio needed based on your average win-rate while using a fixed % risk amount. "Risk-To-Reward ratio": The ratio of what you stand to lose compared to win. "Fixed % Risk": A static % amount of your total account balance at risk per trade. "Fixed Dollar Risk": A static $ amount at risk per...
💬 Aave's LEND token is taking DeFi to a whole other level with its bullish price action. LENDs BTC pair recovered from a low of 30 sats and is currently trading at over 2000 sats. That is an impressive run, to say the least. While the bullish price action gives every reason to bet on the bulls, long term investors may want to be cautious given the recent...
💬 iExec's RLC token "runs on lots of computers" and RLCs price action just keeps running. We are coming up to the last point of resistance for RLC's USDT chart, and logically it may be time for another pullback. If and when we get that pullback there are some juicy support levels to look for if RLC is to make new highs (new highs could be in the cards given...
💬 ETH is in the limelight once again, sort of. Ethereum might not be on the cover of TIME, but it was mentioned at a recent Senate finance committee meeting when it was mentioned alongside Bitcoin when giving examples of cryptocurrency. Mentioning crypto at a Senate finance meeting shows the relevance of crypto, and mentioning Ethereum alongside Bitcoin helps to...
Bias: 🔞 Just a quick chart for anyone looking for some levels to keep an eye on during this LRC pullback we are having. Some basic price action used for how I am expecting this pullback to playout. Good luck everyone and hope you are all enjoying the weekend! Hit that 👍 button to show support for the content! Help the community grow by giving us a follow ...
💬 Kyber Network (KNCUSDT), also known as Kyber Network Crystal (a Star Wars reference), has been on a rip recently. Being the native token of a popular DEX that somewhat recently starting trading on major exchanges, there is some reason to be bullish on this beyond this chart! The question here today is this, can the bulls force push us out of this range, or will...
Today we are comparing fixed equity percentage vs. fixed dollar amount to show how fixed % has an edge. The chart above should mostly be self-explanatory. The only real note here is that while the difference can be slight in the short term, and while static dollar amount does have an advantage in some instances, over the long term the data suggests the % based...
💬 Tech stocks rallied taking the NASDAQ to new highs, partly on the back of a beat in expectations for a recent jobs report. With that said, while reopenings and jobs data is looking good, the market can't fully ignore the ramp-up of COVID cases in specific areas and the dragging effect this has on sentiment and other sectors. Despite the overall mixed bag the...
💬 Nearly 4% of the UK owns Bitcoin and other cryptos. Of those 1.9 million people, 100% of them are growing weary of this sideways price action (despite one report calling for $400k BTC). But fear not Bitcoin Brits, we got your back with our handy daily TA. Let's look at some Bitcoin levels on the 4h and 30m to see what the bulls and bears will need to do to pick...
💬 Domino's (DPZ) has performed very well recently as delivery options were expanded and people relied on the delivery giant during COVID. We love cheap delicious pizza, and we may fall in love with Domino's going into earnings July 16th, let's see what levels look like going into earnings for the DPZ bulls and bears alike. Hit that 👍 button to show support...
💬 The NASDAQ looks great, moving nicely within a channel in a picture-perfect uptrend. Unfortunately for this beautiful looking chart, COVID is putting downward pressure on the rest of the market producing many less bullish looking charts. Let's take a look at some levels to see if tech can hold up against the broader market's weakness. Hit that 👍 button...