Descending wedge after a long downward move. The breakout height is 400% up. DC price may break out of the ranges sharply as they have all been traded.
ARB experiences a decline of more than 50% within 35 days - that's quite a lot. Taking into account the Fibonacci levels, you can see where the bounce may be. RSI in oversold zone.
RSI has been in oversold zone for almost several months. The global parallel channel is wide. The volatility in it is very high. However, capitalization is insignificant to consider this as a disadvantage. Also, there was not a single listing even on small exchanges. If it falls to lower line of the channel, I personally will DCA. P.S. Vitalik Buterin supports $TYRANT
Hello, it's me again. Today I want to talk about an interesting technology that reveals liquidity of NFTs at any given time. Owning top NFT collections, you need to wait or accept an offer for sale (if there is one), which indicates a significant waiting time or the impossibility of selling in principle. Now there is an opportunity to use the full potential of NFT...
The likely Monero drop may continue and amount to another 20%. The breakout exactly coincides with the lower line of the channel and is a price magnet level. Most likely, a series of delistings will follow and will not stop at one exchange . Now it is not the best asset either for hodl, or for speculation, or for transferring value.
Not only is SocialFi sector of crypto new, but MOON tokens and all of Reddit Community Points are a revolutionary concept, especially coming from a multi-billion dollar Web2 social media giant like Reddit. Reddit Community Points are their first steps into Web3 world and at a very early stage. Regarding TA, there is one very strong resistance level at $0.08 and...
Taking into account the general market factor, CELO is expected to decline. But, there is some good news that will help in the context of speculation. CELO chain plans to be developed as Ethereum L2. Increased buy volumes are good, but not now. Now they will not provide direct benefits and are not an indicator of growth. Like any other asset, during this market...
Crossing the moving average for the first time since September indicates an upcoming dump into $33-35-38k range. This will be the last global correction before the main bull market. Consolidation in this range will take 2 to 4 months. Average your bags. Now most people are shouting about growth above $50k, but these are newbies driven by immediate return.
In addition to the formation of a triangle and a global downward channel, the price forms another, more global and more downward channel. Notice how exactly the price touched resistance after sold out of one of the main whales - this means the channel is valid, since at such a time interval the price did not violate the channel structure. Now as before, I...
595 days of accumulation will be the start of an impressive trend. Given the price fluctuations within accumulation channel - buying now looks reasonable as the potential profit exceeds the potential loss in the short/medium term.
APT has been overbought for several months while simultaneously being in an upward trend. Given the future global correction ahead of the major bull market, it is reasonable to short and expect at least a 20% decline. Also, there is a chance to buy an asset 37% below current prices.
It is difficult to provide any in-depth technical analysis here due to the relatively low volatility and the completely unique niche that asset occupies. I just want to point out Fibonacci opportunity. Also, I think Vitalik Buterin mentioned this at the previous bull market peak. Bankless DAO Treasury owns HDAO. Partnership with Axie, Moonbirds, Polygon, Thetan...
Another bullish impulse, a set of paper hands in position and the final correction before the bull market. This is approximately 8-9% gains from the current price. It's either a good deal or leave it just as info to watch and focus on the spring.
TON has been in formation of an ascending triangle for the past year and a half. Also, you can see the side parallel channel here. Huge candle shadow that touched the middle of this channel indicates validity of formation and level that kept the price from further falling can be called strong. However, ascending triangle pattern is a little more than half filled,...
Move in the context of the ascending triangle can be either 41% up, to the resistance line, or 15% down, to form the next rising low. My previous analysis correctly predicted an up exit from the global descending channel. Now price is forming a more global long-term pattern - exit from which can serve as the beginning of an impressive trend. The target level after...
WSB forms two bullish patterns on a local uptrend. In my opinion, this asset should include everyone who shares social trends in crypto and is at least somewhat favorable towards memes. The formation of two patterns indicating at least an elevenfold gains is gigabullish! WSB = $1 Pay attention to the volume histograms - we have diamond hands. We're ready, sir.
Successfully trading the middle of a global descending channel for three months sends the price up by 84%. PPBLZ previous lowest price was a year and a half ago, which suggests that global lows are rising - demand exists as the price rises. Descending triangle pattern is 90% filled. Global downward channel is fully traded. The price is ready to go. Pay attention...
The formation of a global ascending triangle occurs over 252 days. The price may still continue to move within triangle, and even some negative price fluctuations will not allow us to confidently say that a bear has arrived. It seems to me that asset still has some stage of accumulation, perhaps with prices going up 30-50%.