XRP is known as the "PUMP and DUMP" alt for a reason. If you look at this chart from the macro timeframe, it clearly shows how XRP dumps hard after every parabolic increase - and this isn't even the entire price history.. The lower highs and lower lows we currently observe are not helping its case, either. Pulling up the technical indicator in the weekly...
ETH is losing ground quickly after a nasty bearish pattern formed in the weekly. The bearish M-pattern we're currently observing in the macro timeframe: We know this is a bearish patter, not only because we've seen it many times before but also because it is the opposite of the W-Bottom. (we can actually confirm this by flipping the chart): In this case, the...
Render and Fantom have made steep increases over the past two weeks. In the past two weeks, FTM increased a whopping 55%: And RNDR increased around the same amount: This naturally makes it likely to see a correction soon, which may be the ideal time to get into the accumulation boat - or just for a swing trade. ________________________ GEMINI:RNDRUSD ...
BTC is seemingly in the early days of a brand new bearish cycle. This is somewhat surprising, since ETH did not make a new ATH - which has happened every single time in the past rallies. The bounce zones I will be watching for the coming bearish cycle:
BTC has been holding the 80K zone well, but from the macro perspective the bearish cycle should be starting soon. This is due to simple logic (after such a dramatic ATH) as well as the Wyckoff Method. Unless we can reclaim 90K, it's likely that this will be the third touch on the parabolic curve - which is usually when the bearish cycle starts. Previously, BTC...
In the previous cycle, INJ made a near full retracement after the bullish cycle. This would put us round here, to which we are already fairly close: To make it a little easier to reference, I'll use the Elliot wave tool (although these are not Elliot waves). In short, the bottom is likely very close for INJ - but accumulation / sideways phase may take another...
FTM has recently increased 11% in the weekly, but is making more red candles in the daily and the impulse up seems to be over for now. Looking at the corrections, from -45% to -80% is not uncommon for Fantom. The good news, is that the bottom is likely close - and from here, there exists great upside potential. I am NOT saying we can't fall lower here -...
ONDO could be a good hold, if a lower entry presents itself. It's worrisome that the opening prices have not yet been retested, and the next immediate support zone is approaching fast: I'd be willing to start accumulating from anywhere under the next immediate support zone. ____________________________ BYBIT:ONDOUSDT
In the macro, it's clear that TIA has been in a downward trend for an extended period of time. This means, it's a great place to buy - because the bullish cycle is up next. Trend based indicators are great to identify the immediate predominant pressure on the chart, in this case, bearish. A "Buy" signal in the weekly timeframe would be the first step in the right...
BTC has seen a clear bearish trend in the 4h timeframe, after the cup and handle pattern failed to play out. We also notice consecutive lower lows and lower highs, a key sign of a bearish trend. The technical indicators have turned bearish, and from a macro timeframe is shows a stairstep down may be on the cards. The moving averages in the daily has turned...
China's market resurgence might pose some great opportunities for investors, especially after a long bearish cycle for the global Chinese financial markets. February 2025 saw a significant shake-up in global markets, with China emerging as a key player driving investor sentiment. The MSCI China Index surged by 11.2% for the month, vastly outperforming the MSCI US...
Lace Light Wallet has announced the release of Daedalus 7.1.0 for Cardano, which introduces various security improvements and bug fixes. This might be particularly important , considering the recent hack on ByBit where billions of dollars worth of ETH was allegedly stolen by the Lazarus group. (More on that, here:) The price reacted positively briefly to the...
MANTRA has made leaps and strides towards a new ATH, whilst the rets of the market was trading lower for the past few weeks. But it seems the buying pressure has run out, if we take a look at the technical indicators. Interestingly enough, if we take a look at OM through the Weekly timeframe and we pull up the Fibonacci extension, the current cycle ended at...
After the new of the recent ByBit hack, the entire market seems to have taken a dip. (more on the bybit hack here:) Luckily, seeing a 20% correction on Bitcoin isn't strange.. at all. It's actually quite common for the price to correct anywhere between 15% and 30%. The tell all sign will be whether or not we can reclaim the key support ABOVE 90k, otherwise we...
The recent ByBit hack seems to have sent the market into a downward spiral. But, if you look at it from a few weeks back, prices were already beginning to drop even before the news of the hack. Solana follows Ethereum pretty closely, and considering the hard sell-off on ETH, SOL followed suit with a -26% drop over the past week. This is quite a substantial...
Bybit got hit with a serious security breach. $1.4 billion was hacked in Ethereum, which is a huge amount of ETH. 2 Apparently the trouble started with their cold wallet, where they keep a lot of their crypto offline. The investigation points to the North Korean Lazarus Group as the likely culprits, and it seems the attack originated from some malicious code...
ARKM is a fairly new altcoin that's been on my TOP alt list for some time. The bearish M chart pattern is a pattern that signifies a large correction, especially in the macro timeframe such as the weekly. By looking at the chart, e can see the correction is nearly over since it has almost retraced ack to opening levels - almost . Opening levels have in fact...
AVAX hasn't yet made a glorious ATH, but on the flip side - this means that there is great potential for upside, specifically from this support zone. If we take a look at the percentage the price has previously bounces from this particular support level, it's quite significant - although it wasn't over night. This support zone is roughly between 20-22 and may...