This is a deep-dive analysis on BINANCE:AVAXUSDT , and it seems like sellers are going to break down the historical support and drive the price close to the listing, there is a possibility of Avax crashing to $6 short after the next unlock event. Based on the on-chain analysis, it appears that the daily transaction count is declining, and this is an indication...
This is my analysis of BINANCE:TRBUSDT based on available data. It has enjoyed a massive pump in the last couple of weeks. For the first since it started pumping, it showed a sign that bulls are getting weak. We are going to capitalize on this and open a position. What are your thoughts about this? Share them in the comment box. If this analysis makes...
BINANCE:GMXUSDT is a decentralized perpetual exchange AMM that is built on solid infrastructure. It has been on the journey of price discovery since 2022. Historically, it found support on the $25-30 level. It may rally up any moment from now, we should be ready to take advantage of it. Of course, with low leverage. This is my analysis of GMX, what are your...
I continue to provide you all with possible BITSTAMP:BTCUSD analysis and outlook on a monthly basis. The reason is that I want you to stay updated about the market direction. I looked at Bitcoin from two perspectives; Fundamentally - Bitcoin mining difficulty is rising and is currently at an all-time low - There is a high chance that the current movement is...
This is BINANCE:SOLUSDT analysis, and I expect a pullback from here before we ride it up to $75 and $90. This pullback, when it happens, is a buy opportunity for late investors. Solana onchain data looks favourable at the moment, the devs are working tiredlessly. The community is growing confident in Solana, and the ecosystem is expanding gradually. The FA...
This is my analysis on BINANCE:APTUSDT Technically; - The bulls are looking weak - Bearish PA - Bearish candle formation - Resistance level (even this is weak) Fundamentally; - There is unlock schedule in next 3 days, and the unlocked coins is 10% of entire APT mcap. This will likely create sell pressure on APT in the open market. What are your thounghts...
Based on the on-chain data, and technical analysis of BINANCE:OPUSDT , there is a possibility that the price may crash further by 15% before we will experience any reversal at the historical support level. What are your thoughts about this analysis? Let me know in the comment box. If this analysis makes sense to you, follow me now and support my idea. Cheers!
BINANCE:BIGTIMEUSDT.P had a poor price action immediately after being listed across 40 crypto exchanges. However, things look promising on a lower timeframe because there are footprints of buyers. Let us see how this will pan out in the next couple of days. What are your thoughts about my analysis? Let me know in the comment box. If this analysis makes sense...
Again, we are going to sell BCH at the level, but we use a reasonable stop loss. Why is this setup is interesting to me even when the market is pumping at the moment? 1. There is a resistance at micro level 2. A possible breakdown of the trendline 3. Bearish candle formation I will open short right away, and be patient! NB: If my trade should hit SL, that...
Having cool fundamental analysis on BINANCE:ATOMUSDT , I discovered the following: Low Emission Rate Next Unlock Is 309 Days from Now Aggressive Development on Cosmos Github Repository Huge and Growing Ecosystem Technically; It is currently at its historical support We will wait for a breakout of the current downtrend What...
This is a technical analysis of BINANCE:XRPUSDT on a higher timeframe so we can have an idea of the possible price action of Ripple. I used a weekly timeframe. As you make have observed on the chart, XRP was rejected at the historical resistance level. It will dump to $0.60 before any chance of an uptrend because the pump was exit liquidity of those who have...
This is my analysis on BINANCE:PEPEUSDT , but this time, we have to be patient and wait for a breakout of the current trend. Otherwise, there is no long trade. As long as Pepe is still not able to break out of the downtrend, it is safer to open short. Once there is a reversal, the bears will be in trouble:) What are your thoughts about this analysis? Let me...
After the massive of OKX:TONUSDT as a result of a recent Telegram announcement about the integration of TON wallet into their App. It seems like the coin has gotten to a ceiling, and it is about to dump again. From a technical point of view, it is going to dip further to $1.7 any time soon. This is my analysis of Ton, share your thoughts with me in the...
This is likely going to be a bullish month for GEMINI:BTCUSD because there a so many fundamentals in favour of the bulls. 1. Mining difficulty has increased 2. Open Interest has increased 3. The number of holders increased 4. The number of new addresses increased Technically; 1. Supports held nicely 2. It broke out if trendline 3. Candle closed above EMA 50 ...
I decided to have a look at BINANCE:WLDUSDT today, and the chart looks cool for the bears:) Have a look at the chart and let me know your thoughts about it in the comment box. If the analysis makes sense to you, follow me now and support my idea. Cheers!
It has enjoyed a good ride to $8 in recent days, it looks BINANCE:LINKUSD.P is tired, and dip is around the corner. Right there on the chart, you have a signal on the entry-level and exit levels. What is your opinion about this analysis? Share it with me in the comment box. If this analysis makes sense to you, support my idea and follow me for more. Cheers!
Based on the fact that BINANCE:XLMUSD.P is positively correlated with BINANCE:XRPUSD It makes sense to expect between 10-15% pump from the current support level. However, XLM is more volatile than XRP, but they often exhibit similar price action on higher timeframes. I am going to open a long position on this with 5x leverage as usual:) The pattern looks...
Let us have a look at BINANCE:BTCUSDT historical data. I kind of believe that BTC will continue to have boring price action till the end of the month. Then we will have exciting price action in October leading to the next halving event in April 2024. What are your thoughts about this analysis? Let me know in the comment box. Finally, if this analysis makes...