While the tech behind Meta-universe is improving rapidly, price of the tokens has been consolidating since the end of November. Most of the tokens are holding around their support levels against Bitcoin and Eth. We may see one more leg up in metaverse as the Bitcoin price gets steady.
Ethereum has broke down the ascending channel recently and find support at 200 MA in 4hr chart. The price is trying to get back to the channel however, there are significant amount of metrics that make the resistance tough; Lower trendline of the channel and 20 MA crosses at $1,840. In addition to this, there is another support around $1,840 which comes from...
I expect that bitcoin will fluctuate between 50 days moving average and downward trend line for nearly 2 weeks. After this fluctuation period, the price will need to make a big decision to illustrate its next move. Meanwhile, altcoins, particularly Ethereum, will take big advantages from bitcoin’s consolidation period. Therefore, my portfolio is mostly...
There is a bullish cross in 20 days moving average and 50 days moving average. In addition to its fundamental strength, its technical chart and overall market condition are available for Solana to start its big move. Current price =0.000106 Fib 1.0 =0.000423 Fib 1.618 =0.000656 Fib 2.618 = 0.001030 Tips for new traders : -Always take profit on the...
In 22 Dec 2017, Bitcoin dropped to nearly its 50 days moving average just like it did today. The price hold above 50 days moving average for 22 days (between 22 December 2017 to 14 January 2018). In that period of time, Ethereum and all other altcoins exploded. We are probably seeing the same scenario today. I expect that we will see massive moves in altcoins...
SRM has been rising gradually against USDT since the beginning of January. In addition to this, SRM price against BTC is about the move above 50 days moving average. Since BTC loosing dominance in the market, small cap alt coins such as SRM is expected to give insane gains in this bull market. The price will probably pass its ATM and we will be keeping eye on...
SXP is ready to start its second bull run as the price just moved above 20 and 50 moving averages. 20 days moving average will probably cross 50 days moving average which is also bullish sign. Current price =0.97 Fib 1.0 = 5 Fib 1.618 = 7.74 Fib 2.618 = 12,00
Fibonacci levels indicate that next cycle of KAVA can give up to 1000% return. FIRST TARGET : 9.65 SECOND TARGET : 14.90 LAST TARGET : 20 Stop loss could be between 0.73 and 1.17 Useful System: -Watch 7 days moving average. If daily candle closes below it, be more cautious. -If the price drops to below 20 days moving average and closes...
Fibonacci indicates that we are between 1.618 and 2.618 fib levels currently and the critical levels are ; Resistance: 42200 > 52300 > 58500 Support : 32400 > 26000 > 24000
Ethereum will likely to follow same pattern with Bitcoin. Upward movement will accelerate with breakup of its all time high level. Since the cycle of cryptocurrency tend to repeat itself, we may see a similar pattern in ETH with its movement in 2017.
Uni has very powerful bullish indications in the daily chart. There is a double bottom in the pattern , bullish cross in the MACD , and a breakout in the downtrend!
Bitcoin has breakout the most important resistance level of 20,000 and peaked at 23,800 USDT. The most possible and healthy scenario is that Bitcoin pulls back and retest 20,000 USDT followed by a significant bounce.
Theta broke out the all time high and retesting its support which previously worked as a resistance.
TOMO just jumped above its 20 and 50 moving average and the volume started increasing.
There is a considerable possibility that sushi will reach above 0.003 in the near future which is x2.5
XMR is about to break its 200 moving average first time after six months. If the price closes above the line there is no serious resistance until 0.0094 which is %20 above the current level.
After slight consolidation BTC continue its upward movement to 25k First target : 20k Second target : 25k There might be a fluctuation between 18,600 and 20,000 USDT for a while which will support Altcoin market.
LINK has come back to the market with strong momentum. Rising channel which started at the end of September still exist. If the price successfully closes above the 20 days moving average we will probably see sapid increase to the top of the channel in upcoming days.