This review comes from evaluation of prices from multiple markets including Silver, Gold, Bitcoin/crypto and Stocks (specifically sp500) Silver has increased volume on the daily chart and dropped sharply 3-5% Gold similarly has sharply dropped with increase volume SP500 also has plummeted over the past couple weeks. There is mass exodus in multiple markets...
ICP recently had strong move upwards after touching ~21$ This was supported by big volume. But due to recent price action of BTC the Dfinity token has taken a dip, but is being supported stronger than BTC!! while btc is down -5% icp is only trading around -3% and this is at suddenly lower volume than the previous move upwards. imo, current price (anywhere below...
Alts are popping as BTC funds move out of btc into other coins. But I believe the next phase will play out just as it did in previous months. BTC still has not filled the previous low around 42,300$. Alts are moving up in anticipation of the next drop. I expect the moves to be something as follows: -alts move up to MA (currently happening) -Btc drops (probably...
CRO is showing a lot of strength. Continued momentum upward. Short traders are being cut down at almost every timeframe. In the eyes of the every day consumer, Crypto.com has formed a strong name for itself through professional marketing and real world application using crypto and debit card service integration. Since adding well known actors as spokesmen and...
Buy and sell zones as marked in green and red. Looking at BTC pair, I think this coin will break upwards and back down a few times before a strong bull phase begins. But Price has been between 43 - 45 for several days with volume at different levels.
ADA has consolidated sideways for several weeks now. USD and BTC pairs are both positioned for upwards movement. when both pairs move together the movement can be very aggressive. We will wait and see.
Looking at 2hr chart. ICP showing strong support. past couple days have shown a sideways price movement during downward pressure. This could imply a strong upwards price movement with upward pressure.
Looking at the daily chart Forth price has created HL and volume spikes have become almost equal with regular daily trading volume. This makes me think we are nearing a reversal in price. Bears showing signs of exhaustion. This could be short or long term buy opportunity considering Forth is a relatively small supply coin and price is low and may not drop this...
(refer also to charts for forthBTC pair) looking at 4hr ForthUSD chart, Forth shows signs of reversal. Higher low is created on both ForthUSD and ForthBtC charts. ForthBTC chart also showing signs of reversal. Expecting a potential move from BTC -> FORTH which is consistent with the USD chart. both pairs FORTH(usd,btc) moving up will send FORTH to top of the...
3 points of interest.. - sideways move during the swing low on MACD as well as volume decrease. - RSI is bouncing up from 50 - BBands also tightening during swing low on MACD. when blue line begins to move up on MACD price could move up very quickly.
First higher-low ICP has printed during a swing low since beginning of June (2HR). The only other one before that was exactly one month ago - May 24. I think sellers are exhausted. Could still go lower depending on BTC movement. But ICP is way oversold due to unfortunate timing (release during hard BTC correction, also overpriced relative to reputation). waiting...
ICP (imo) has been experiencing heavy manipulation for several weeks now. I'll go over a few of the possible reasons I think this is the case. Very simply, the first is greed. I think this is the root of any manipulation of any market although, there can be other causes at times. The second and more devious, but very possible reason, is threat. ICP presents an...
Silver has traded the fib lines perfectly since early 2006. Price is currently just below .05 fib and if breaks above could push upwards towards next resistance around $32. If this level is broken price could continue push up towards $35, or we can see a retest of the .05 fib at about $29.80.
Friends! I am so excited about this project. Speaking as a software engineer myself, ICP is the end game of blockchain technology. Being able to build and publish applications to a "cloud" that is not owned or regulated by any one entity is the ultimate service. right now almost all software services are hosted on cloud services owned by one of several major...
XTZ has double tested the 6.00 mark and shown strong support. 3H chart shows a clean 'inverse head and shoulders' pattern forming. If this is the case than we are in for a wild ride. Possible that 6.20 range will be reached one last time before beginning the leg up. If this plays out I could see the following targets 8$, $9, $10 being very reasonable. These are...
Forth is relatively new to the crypto world. A governance token for the ampl network with max supply of 15,000,000 and a relatively low market cap at the moment. Looking at the 4H chart, I've marked the waves of upward and downward pressure. If the pattern continues a wave of upward pressure may be coming next. This would make sense since the price has reached...
Not a lot to say about this. Nu is following a similar pattern as it did before breakout. NuCypher is a relatively new crypto which started its journey on Coinbase. This is unique since most altcoins start on binance, kraken or other smaller exchanges before being adopted by coinbase. This leaves a lot of opportunity for expansion for the coin as it becomes...
NuCypher is testing .58 and possibly for the last time before reversal. This is a lower risk, (assuming you are using a tight stop) but high reward situation. Nu has taken a dip due to BTC recent breakout upwards. Pushing down price on the NU/BTC trading pair. This could present a buy opportunity. RSI and MACD are both in uptrend and hovering just below reversal...