Indeed the market has been on a free fall. Mana is getting its share of the effect of gravity. Mana has formed an important pattern "M"... this asset is sitting at an important zone which is the neck of the M-pattern. Looking at my TA, is either MANA breaks through the trendline at the neck of the pattern or the support at that zone holds. Possibilities. 1....
Eth the great platform provider for cryptocurrencies generally has a great potential. Following the ALL TIME HIGH, Eth has been correcting. This asset has been hitting and retesting all the FIBONACCI levels as displayed on my technical analysis. Currently, this asset is sitting at zone housing FIB 61.8, ASCENDING TRENDLINE and an HORIZON LINE. These...
BUSD all time high has occurred twice leading to formation of a relative M pattern. BUSD retracement is currently at about 40% from the beginning of the BULL RUN that led to the last all time high (ATH). This asset has been retracing, hitting and retesting the FIB levels as displayed on my TA (chart). BUSD is currently sitting at $400, FIB 61.8 level,...
SAND has broken the $3.9 support level and it may now act as a resistance level. Also SAND is trading within a descending channel and it is currently sitting at the lower end of the channel. Human psychology will likely push this asset up within this channel Remember that favourable/ unfavourable fundamentals may turn things around
Fundamentals has favored GALA lately and this asset has been bullish after losing over 80% of it's all time high value at around $0.84 This asset is currently trading within an ascending channel and has retraced over FIB 23.6. $0.37 is a great point to watch out for as resistance level. 1. If this asset breaks above $0.37, we may see this asset rally to...
My analysis is a simple one. Avax rallied down to about $52 on the upward TL and bounced back to FIB 61.8 that is currently acting as a support zone. My target resistance zone will be between $75 - $80 which happened to be where 50 FIB is resident currently. If the market breaks out of this resistance zone, it may see a higher figure in price. IN ALL: look...
Thanks for visiting my trading view idea. I WILL APPRECIATE YOUR LIKES AND CONTRIBUTIONS through comments. META PLATFORMS (FB) saw a massive deep following her 4th quarter earnings report on 02/02022. This led to the loss of over 22% of FB market cap. This asset has been trading within a descending channel since early September of 2021. Hence, it has been...
Bitcoin eventually broke out from the consolidation zone and $40K resistance. BTC has pushed up to FIB 23.6 level following the breakout. This FIB23.6/ $40K is now acting as a support level. POSSIBILITIES 1. Push up to FIB 38.6 or FIB 50 evzones as indicated by the green arrows 2. Retrace back to the previous consolidation zone as indicated by the red...
Meta is currently at the top of the ascending channel and sitting around the $3.145 zone. There is possible retracement to $2.9 zone However, if breaks above the FIB 38.2, it may see a high of around $3.4 I do hope there will be positive fundamentals that will continue to drive this asset up the hill. I have made some good returns from my recent accumulation...
Sand has rallied and currently sitting at the top of the ascending channel. retracement for correction to happen soon Sand may see a retracement soon. Watch out $4 - $4.2 target. KINDLY LIKE AND COMMENT.... HELP ME GROW HERE
Thanks for coming around... your likes and comments means a whole lot to me...... This asset has rallied down from its all-time high of $310 zone down to its present low around $126 zone. This bearish move corresponds to a 60% correction from the previous high. This current is also $4- $5 away from FIB 76.8. For me, this asset may retrace and retest the...
CAKE has been dancing within a channel with peaks and low inside this channel. There is the possibility of CAKE going higher in price if it maintains its position above the $6.9 support level. Otherwise, if it breaks below the aforementioned support level, it may fall further. overall, for now, my TP is within the channel
From my TA, I see DOT bullish overall. If $20 level which is also around FIB 78.6 zone holds strong as a support level, DOT will most likely rally to $25 zone or around the FIB 61.8 level ( $27.6 - $28) My next bullish TP target is $25.
I am still bullish about GALA so far as it maintains its position above the TL. My bullish TP will be $0.24 zone However, if it breaks below the TL it may retest the last lowest point around the $0.55 zone. GALA to the moon in LONG TERM INVESTMENT
Overall, ENJ has been bullish since 17th January 2021 ridding on the bullish TL. ENJ has seen attained several PEAKS in the course of this journey like $4 and $4.85 ENJ broke below the TL around January 20th of 2022 support level was around $1.75 zone during this period. Note that ENJ is currently above the TL which is acting as a support zone. My next bullish...
Following my TA, I can see Mana ranging within $4 and 61.8 FIB which is about $3.75. I expect it to fall further if it breaks below 61.8 FIB or go bullish if it breaks above $4 again.
Etherium is a platform for many cryptocurrencies. As such the potential is enormous. Looking at the tech analysis, I feel Eth may run down to $3K once again before resuming another rally with TP-1 at $3600 and TP-2 at $4000. however, if we see a strong fundamental that can drive Eth down to the extent of breaking the Bullish TL and horizontal TL, we may see Eth...
BTC has been bullish for some time now despite the corrections along the line. BTC is currently sitting around $46K, however, looking at my analysis, I see "M" formation. The present market price is also sitting around 61.8 fib There is the possibility of BTC breaking below the bullish trend line connecting around 19th October 2020 to 20th July 2021 and then to...