On Jan 7 2022 we posted above analysis based on Logarithmic Growth Curves. Below is the content from the post. """"""" If we look at the entire history of bitcoin with the logarithmic curves we can see that the volatility has reduces drastically compared to previous years. As the bitcoin adoption increase, it becomes more slower and harder for BTC to break its...
As you can see from the above chart, currently BTC price is below its mining cost. when mining costs are lower than Bitcoin's market value, more minors will join. when mining costs are higher than miners' revenue, the number of minors will decrease (which is the case here.) and also historically whenever the Bitcoin price moved below the mining cost, we saw an...
BTCUSDT technical analysis Update: We have a perfect channel formed for BTC, there are two clear possible moves in this scenario, if it bounces back from the channel support we can expect a good bullish move. if it breaks the channel support then the next target is the major support zone indicated in the chart.
LUNAUSDT Technical analysis update LUNAUSDT currently trading at $110.00, LUNAUSDT formed a Cup and handle pattern and price already breaks its resistance line, we can expect a good move in LUNA. Swing trade setup Buy Zone: Above $105 Stop loss : $88.25 Target 1 : $115 Target 2 : $125 Target 3 : $140 Target 4 : $160 Always keep stop loss. Thanks Hexa
AKROUSDT Technical analysis update AKROUSDT currently trading at $0.01488, AKROUSDT bouncing back from the major support for the third time, the previous two times' bounce back ended with a short gain. This time we are seeing a very strong uptrend in terms of pattern and volume, So we can expect it to HH. Buy Zone: Above $0.0150 Stop loss : $0.01290 Target 1...
ETHUSDT Technical Analysis update ETHUSDT currently trading at $2880 Ethereum formed a symmetric triangle in 4h timeframe, and volumes are slightly increasing, we can expect an up move in ETH. Swing trade setup Long Entry : $2800 - $2900 Stop loss : $2575 Target 1 : $3200 Target 2 : $3500 Target 3 : $3750 Target 4 : $4000 Always keep stop loss Thanks Hexa
KSMUSDT Technical Analysis update KSMUSDT currently trading at $134.42 Kusama formed a symmetric triangle, if the price breaks above the triangle resistance we can expect a good up move. Swing trade setup Long Entry: Above $136.50 (only buy if the 1h candle closes above the triangle resistance line) Stop loss : $120.50 Target 1 : $143.50 Target 2 :...
BATUSDT Technical Analysis update BATUSDT formed a falling wedge pattern in the day chart, if the daily candle closes above the resistance line, we can confirm the breakout. In the above chart, Bullish RSI Divergence occurs when Price makes a lower low but RSI makes a higher low. One goes down, the other goes up! It shows that sellers are easing up. and also...
XRPUSDT (4H Chart) Technical analysis update XRP Price Multiple times touched its resistance trend line, now the price breaks its major trend resistance line I'm expecting a good up move in XRP. Buy level: Above $0.750 Stop loss : $0.6921 Target 1 : $0.798 Target 2 : $0.851 Target 3 : $0.900 Target 4 : $0.95 Always Keep Stop Loss T Thanks Hexa
BNBUSDT is ready to break its major resistance trend line. BNBUSDT (4H Chart) Technical Analysis Update BNBUSDT Currently trading at $413 in the above chart you can see BNB's price multiple times touched its resistance trend line and now the price is ready to break its major resistance trend line. once the breakout is confirmed in 4h chart, we can expect a...
MANAUSDT currently trading at 2.79 In the above chart, you can see MANA formed Inverse head and shoulder in 4h chart and also price breaks its neckline, we can expect up move from the current level. Swing trade setup Long Entry: $2.77 - $2.84 Stop loss : $2.62 Target 1 : $2.94 Target 2 : $3.10 Target 3 : $3.30 Target 4 : $3.45 Always keep stop loss Thanks Hexa
KNCUSDT (Day Chart) Technical Analysis Update KNCUSDT Currently trading at $2.18 KNC started consolidation from May 2021 to Jan 2022, In the above chart, you can see the price is likely to breakout its major resistance line, and also you can see an increase in volume from the last 45 days. Compare to other altcoin KNC looks very bullish. Swing trade...
BTCUSDT (Day Chart) technical analysis Update RSI recently hit its most oversold level since the Coronavirus crash of March 2020. In the above chart you can see RSI breaking its trend resistance line, In this breakout consider as a bullish sign for BTC. The previous year has massive bullish moves after the RSI trend line breakout. I’m expecting up move in BTC...
KNCUSDT (Day Chart) Technical analysis update KNC Slightly looks bullish, you can buy if the price breaks above the resistance trend line in day candle Buy level: Above $1.97 (only buy after breakout) TP 1:$2.30 , TP 2:$2.70 , TP 3:$3.30 , TP 4:$4.00 Stop loss: will update once we see the breakout Max Leverage: 1x or buy it on the spot market.
FTTUSDT (Day Chart) Technical analysis update FTT forming descending channel in a day chart, we can expect good up move if the price breaks above the descending channel resistance line. Buy level: Above $47.50 (only buy after breakout) TP 1:$55.00 , TP 2:$64.00 , TP 3:$74.00 , TP 4:$85.00 Stop loss: we will update once we see the breakout Max Leverage: 1x or...
ADAUSDT (Day Chart) technical analysis Update ADAUSDT currently trading at $1.11 ADA is already dropped 70%+ from the top In the chart you can see price reversing from the major support zone, ADA is already up 18% from today's bottom, I’m expecting ADA can go up from the current support zone. if the price breaks $0.90 support then we can expect one more...
ROSEUSDT (4h chart) Technical analysis Update ROSE/USDT currently trading at $0.47 Previous resistance act as a good support for rose. Buy level: Above $0.465 TP 1: $0.510 TP 2: $0.550 TP 3: $0.590 TP 4: $0.650 Stop loss: $0.430 Max leverage:2x
LOOKSUSD (1H Chart) Technical analysis update LOOKS/USD currently trading at $4.53 Formed Head and shoulder pattern in 1h chart Buy level: Above $4.60 TP 1: $5.00 TP 2: $5.50 TP 3: $6.00 TP 4: $7.00 Stop loss:$4.00 Max Leverage: 1x or buy it on spot market.
