After the big drop at the beginning, Nexo been oscillating in a triangle pattern for a long time. If Nexo breaks this triangle upward successfully, it could be a start for upward movement. Let's see what happens.
Casper, like many crypto projects, went down after lunch. Then CSPR started to oscillate in a triangular shaped pattern. Recently, buy volume increased, and it seems Casper wants to try and break the upper horizontal area. Let's see if it can do it or not.
Lido DAO provides staking infrastructure for multiple blockchain networks, but most notably, the platform provides a liquid staking solution for Ethereum, allowing users to stake their ETH and receive stETH (Lido staked ETH) tokens in exchange. Currently, LDO has the highest total value locked among Ethereum protocols, which is around $15 billion. Anyway, the...
XDC Network chart is simple: a huge impulse wave followed by a corrective wave that ended at the 0.382 Fib level. Then, XDC broke the downtrend line, and an upward move started. Let's see how high XDC can go.
Bitcoin SV is a hard fork of the Bitcoin Cash (BCH) blockchain; thus, BSV follows the shadow of both Bitcoin and Bitcoin Cash! Recently, BSV broke the downtrend curved line, and it seems an impulse upward wave might have started. Let's see what happens. P.S. Take this into mind: BSV movements are very noisy, and big shadows can occur.
This is the Bitcoin chart, and it continues to progress step by step according to the BTC analysis provided, see the related link below. The purpose of this post is that if you have an Altcoin(s) in your mind and I haven't analyzed it yet, mention its name in the comment section so that I post its technical analysis. Please search my published ideas first.
BitDAO, like many crypto projects, went into a downward path from the beginning, a long one. After BIT broke the major downtrend line, an impulse upward wave started. Then the corrective wave followed in the shape of a minor descending channel. Now it seems BIT broke this descending channel and is going up. Let's see how up BIT can go.
Horizen's big picture is promising; an inverted wedge pattern, a big one. This means as prices move forward, bigger waves are possible. Currently, price is at the bottom of this pattern. Also, a big harmonic pattern has ended too. So, a tempting situation is forming. Let's see what happens.
We have seen from Stellar in the past that after a triangular pattern ended, an impulse uptrend wave started. Now, a similar pattern has ended, and it seems an impulse wave has started. Let's see if Stellar can reach high or not.
Gold general overview is straight forward, almost. There was a huge swing for gold in a somewhat sideway channel in which gold made 3 topes at 2065-2075 area. After the last time gold touched this area, price came down, but didn't break the uptrend line. If price wants to go down, first it has to cross this line. Otherwise, price can rise again approach the 3 tops...
AUDUSD has formed a huge inverted wedge pattern. As price moves toward the end of the pattern, bigger swings happen. Recently, price broke the consolidation rectangle area downward and is moving toward the horizontal area which will probably slow the price movement. Have to wait and see if this horizontal area can prevent the price from falling further or not.
A descending triangle has formed and price been bouncing of the sides so far. It is a matter of time till price breaks one side. Also, there is a horizontal area which have worked like a strong magnet and attracts the price. Have to wait and see if price have enough momentoum to break the upper side or the horizontal area pulldown the price, again. Let's see what happens.
USDCAD been in an upward move since May 2021; first in an ascending channel, then and currently oscillating in a triangle pattern. After USDCAD bounced from the lower side and started an upward wave, it stopped below the horizontal resistance area. This horizontal resistance/support area goes way back for couple of years and thus important if price wants to breaks...
AUDCAD been moving up and down in an inverted triangle pattern, a big one. Currently, price is going down and it seems AUDCAD is halfway down. There are two weekly trendlines as well as a horizontal area around which orders are waiting. So, price will probably goes down to this area. Also, the upper side of this inverted triangle has worked like a magnet, although...
NZDCAD been moving downward in an descending channel, a big and long one. Currently, price has reached the lower band of this channel. There is s possibility of a huge upward movement. First, the lower band should support and hold the price. Let's see what happens.
1Earth too has broke the downtrend line, gone up, then correcting in a minor downtrend pattern, and again breaking upward. Also, there are some news about updates on the project which could have positive effect on the price and fuel the impulse wave. Let's see what happens.
GBPCAD has made an inverted wedge pattern. The downward momentum is strong; so the price either breaks this pattern right away, or bounces off the lower side and goes up a little and then drops. Let's see what happens.
GBPUSD been moving in a descending triangle pattern; a huge weekly one. There is also a horizontal area which act like a magnet and will probably act again when price breaks this triangle upward. Let's see what happens.