CRYPTOCAP:INJ on 1W is looking bullish. As soon as the MACD crosses. We will have a push of CRYPTOCAP:INJ upward above the resistance at $20-$21k that will last several weeks. It is just a matter of time...
CRYPTOCAP:INJ is a great project, solid, supported by good technology, but currently undervalued. It is, for example, much better than $AVAX. CRYPTOCAP:INJ might have quite an impressive market cap this cycle due to its resilience and overall quality as a project compared to others. Also, CRYPTOCAP:INJ has no more unlocks. CRYPTOCAP:INJ is in a bearish...
CRYPTOCAP:BTC remains in a massive consolidation pattern due to the ETF pump, which overheated the market on the 1W timeframe. The MACD has reset, and we are currently in a downtrend. However, the chart indicates that we may have reached the bottom at 48k, and we’re starting to see higher lows. The MACD also shows the potential for a cross at 0, which could...
This video summarizes my CRYPTOCAP:BTC analysis, which I have published in several ideas. I hope it helps people understand what is going on. This is my first video, and I hope to improve my speaking skills in the future. Thanks for watching.
"Bitcoin price is set to skyrocket in the near future, claims an analyst on X. The analyst pointed out that the supply of BTC on exchanges has crashed." There is this common misconception that because the number of Bitcoins held on exchanges is getting lower every passing day, this will create a supply crash and push Bitcoin to the moon! Actually, if you scratch...
As you can see in the chart, CRYPTOCAP:BTC dominance is showing a pennant flag consolidation pattern. This might give some relief to the altcoins that are bleeding, but unfortunately, this pattern is a bullish one, and CRYPTOCAP:BTC dominance could grow up to 57% before having a pullback. Do your own research (DYOR). I hope I am wrong since I own a lot of...
Is Bitcoin ( CRYPTOCAP:BTC ) heading toward a -50% correction Armageddon? That is what the weekly chart seems to suggest. I hate to be the pessimistic guy, but you don't need to be a trading and charting expert to see the similarities between 2021 and 2024. What could trigger this massive correction is the incredible pump that the ETF has created. Imagine, for...
Quick idea to show that the Hash Ribbon indicator has turned green on 1D an Hourly timeframe. The MACD is about to touch bottom and reverse. These are signs that this correction is about to end. The SPX 500 just needed some cool down before continuing its uptrend, starting Monday I think.
The TVC:DXY is experiencing a cooldown, as indicated by the MACD. It was overbought and needs to relax a bit. However, this is not a reversal; it is just a reaccumulation. The inverse head and shoulders pattern suggests a target of $106 if the pattern stops at the bottom of the right shoulder, returning to its previous level and ready for more uptrend. A buy in...
CRYPTOCAP:RUNE is an established DeFi protocol that works and is solid, based on its own blockchain, Thorchain. No token unlocks, all tokens are vested, making it relatively safe from rug pulls. However, like many other altcoins, it has been overheated and is undergoing a drastic cooldown. This pattern is a classic one, easy to identify, and therefore the target...
CRYPTOCAP:PEPE , like all altcoins, is suffering from the CRYPTOCAP:BTC selloff caused by MT.Gox, governments, Grayscale, etc. Its price is now in consolidation before the next move. I forecast an altseason around September/October. Now is the time to seize any opportunity to accumulate at a low price. In this chart, I identify the supports and resistances. ...
I do not like $BONK. The meme is horrible, the community on Telegram is full of bots and chatter, and there are many shillers on Twitter. It is a CRYPTOCAP:SOL coin, and they will do with it the same as they did with SEED_DONKEYDAN_MARKET_CAP:ORDI or CRYPTOCAP:WIF : pump it to the max and then throw it away. However, until that happens, it is a hugely...
VeChain is an established blockchain that has evolved well, following trends and demonstrating a significant pump capacity when you look at its past price action. Additionally, this coin does not have any VC unlocks, and most of its supply has already been unlocked. However, I do not like how they embrace the carbon/save the planet from climate change ideas. I am...
I have been following CRYPTOCAP:SHIB for quite a long time, and it is in a very long downtrend. This chart is similar to the setups I have created for other coins; it highlights a great zone to refill your portfolio with a high probability of good performance. DYOR, check my other setups; they are all good and doing +30% with no leverage. Don't forget to take...
I have invested and made good money trading SEED_DONKEYDAN_MARKET_CAP:ORDI for a while. I have ridden the rise and sold at $69, missing the peak and feeling bad at the time. Now my sentiment about SEED_DONKEYDAN_MARKET_CAP:ORDI is very bearish, and I will explain why I will stop trading it. Here are several events that have happened and are red flags: 1. ...
CRYPTOCAP:INJ or Injective is my best bet for the end of the bull market. I believe it will exceed expectations and surprise all the meme coin enthusiasts. Here’s why: **Facts:** - Launched in November 2020, the team continues to innovate and push the project forward, more than any other L1 competitor like $AVAX. - The mainnet is stable and has never crashed or...
NYSE:SUI is a new blockchain with a very good project, extensive ecosystem, and strong venture capitals. It suffers from monthly token unlocks and a lot of inflation. However, it has the potential to follow in the steps of Solana and could be a good long-term investment. What does the chart say? We had an M pattern formation that turned into a downtrend...
SEED_DONKEYDAN_MARKET_CAP:FLOKI , like other altcoins, is suffering from the recent CRYPTOCAP:BTC pullback. However, the downtrend does not last forever, and we are close to the bottom. SEED_DONKEYDAN_MARKET_CAP:FLOKI has failed three times to break the resistance around 0.00015. The best entry point is around 0.00013, which guarantees a trade with a +10%...