SaeedSalehinia

SaeedSalehinia Updated 

Band Protocol chart is simple: an impulse wave followed by a corrective wave. Recently, Band broke the downtrend line and now showing signs of reversal. Let's see what happens.

SaeedSalehinia Updated 

Stepn is a fitness play-to-earn game in which you can buy NFT sneakers and use to earn in-game currency (GMT and GST) while walking, running or jogging. The GMT price rose significantly due to project popularity. After the pump, GMT entered a downtrend move making lower lows. Recently, after price broke the downtrend line, it seems price have made a higher high...

SaeedSalehinia Updated 

After Conflux broke the long-term downtrend line, it made a huge rise. Now, CFX is in a correction phase which seems to unfold in a triangular pattern. Let's see when CFX breaks this pattern.

SaeedSalehinia Updated 

With Bitcoin's ETF approved, and Ethereum's ETF news on the air, almost everyone, including myself, is expecting Bitcoin to go up. I have been updating the Bitcoin upward movement step by step; check out the link below. Now, as an investment/trader, one has to consider the worst-case scenario too: if Bitcoin moves in a wide sideways channel, and currently Bitcoin...

SaeedSalehinia

In this post, Bitcoin's past behavior, including impulse and correction waves, is analyzed to forecast what could happen in the future. So, let's jump to the main point. The first Bitcoin move (including the upward and correction waves) lasted much shorter due to initial acceptance. If we do not take into account Bitcoin's first move, the next three major moves,...

SaeedSalehinia Updated 

Just like USDT Dominance, US Dollar Index (DXY) has a somewhat inverse correlation with Bitcoin's direction. If we look at the DXY historically, whenever the DXY was in a downtrend or sideways movement, Bitcoin was in an uptrend. Also, whenever the DXY was in an uptrend, Bitcoin was in a downtrend. Simply put, if the DXY goes up, that means the U.S. dollar is...

SaeedSalehinia Updated 

NAKA has been quietly making progress, updating, and expanding its project. Its price too; broke the downtrend line, starting an upward move, and now consolidating/resting below the horizontal resistance line. If this line breaks upward, continuation expected. Let's see what happens.

SaeedSalehinia

Artrade is the first marketplace for art trading as real-world assets powered by Solana. Anyway, the ATR chart is straightforward: a 5-wave upturned movement followed by a correction, which is still unfolding. Let's see where ATR's correction ends.

SaeedSalehinia

Livepeer is the first live video streaming network protocol that is fully decentralized. The platform, launched in 2017, is a video infrastructure network for live and on-demand streaming and aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions. Anyway, the LPT start was very good; a 5-waves upward...

SaeedSalehinia Updated 

It seems that Polkadot, the DOT, has made a harmonic pattern. And the downtrend line has broke due to the uptrend wave started by the BTC. However, be careful since there probably be a retest or pullback down to shake some of the buyers.

SaeedSalehinia Updated 

The Pyth Network is the largest and fastest-growing first-party oracle network. Pyth delivers real-time market data to financial dApps across 40+ blockchains and provides 380+ low-latency price feeds across cryptocurrencies, equities, ETFs, FX pairs, and commodities. Anyway, Pyth is still young and few candles are availabel. However, it seems Pyth is moving in an...

SaeedSalehinia

Flux is a decentralized Web3 cloud infrastructure comprised of user-operated, scalable and globally distributed computational nodes. Flux is the cryptocurrency that powers the Flux ecosystem. It has a number of uses, including purchasing resources, collateralizing nodes and fueling transactions on FluxOS, as well as rewarding both miners and FluxNode operators for...

SaeedSalehinia

Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument—the 'Internet Bond'. Anyway, ENA is still young, and not enough candles are there to paint the big picture. But ENA's...

SaeedSalehinia Updated 

My Neighbor Alice is a farming-themed play-to-earn builder game built on Chromia. In the game, players can buy and own virtual islands which are represented as NFTs, collect and build exciting items while also making new friends. Anyway, it is clear that ALICE was in a downtrend. After breaking the major downtrend line, it seems ALICE has made a reverse Head and...

SaeedSalehinia

Orion is a suite of decentralized finance trading products with instant access to aggregated centralized and decentralized exchange liquidity to provide users with real-time best asset prices in a seamless trading experience. Anyway, the ORN start was great, rising more than 3000%. Then ORN went into a correction that took the price down. Then ORN broke the major...

SaeedSalehinia

Spell Token is a reward token associated with abracadabra, a lending platform that uses interest-bearing tokens as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). Abracadabra uses the Kashi Lending Technology pioneered by SushiSwap (SUSHI) to provide isolated lending markets that allow users to adjust their risk tolerance according...

SaeedSalehinia Updated 

Stargate Finance chart is interesting; an ascending channel in which STG bounces off from lower and upper lines. Also, it seems the previous two sharp uptrend waves were followed by downtrend waves which unfolded in curved way. Could the trend be repeated and we see another sharp uptrend wave? Let's see what happens.

SaeedSalehinia

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Bittensor (TAO) is decentralizing the process and creating a peer-to-peer market for machine intelligence. It enables the collective intelligence of AI models to come together, forming a digital hive mind. Anyway, it is clear that TAO's movement was great....