Warning: our thoughts are ours; not financial advice. Wondered why we've been off for a while? Yep, we had to spend part of our crypto abundance. *Wink* Now, back to business. Bitcoin hits resistance at ATH. That's totally expected. As you saw on the chart, we had bagged some profit just below all-time high and re-invested that profit into another asset we...
Warning: our thoughts are ours; not financial advice. The state of bitcoin at the moment: Bitcoin recently broke out of a triangle (see our last analysis on bitcoin to understand this), and then closed above the 21 MA on the Daily chart. Very significant moves. So, what's next for bitcoin you might ask. Bitcoin has just come to test the lower end of our...
Warning: our thoughts are ours; not financial advice. A careful observation of the bitcoin chart this morning, and we can see that there are three case scenarios for bitcoin at the moment. One must play out in a day or two. Maybe slightly more, but very soon. Scenario 1: ABCD Points ABCD is an uptrend channel that started on January 27, 2021. This is the second...
Warning: our thoughts are ours; not financial advice. The market is volatile and can flip in a moment. And it's our duties as traders to quickly identify this flips to hedge to save some profits or protect our investments from further loss. The thoughts of bitcoin going to $62K in the immediate short term may not be possible and here's why. Yesterday's close...
Warning: our thoughts are ours; not financial advice. Bitcoin cash is one of the assets we love for its gains. If you bought BCH 2 days back, then congratulations, you are already in profit. However, these are the levels we think you should be looking at in the next few days. We'll advise you to lock in some profit at $710. Then let the rest of the bag soar to...
Warning: our thoughts are ours; not financial advice. If you have bought Cardano before now, then good for you. You are at an insane profit right now. But if you are contemplating buying some Cardano right now, please hold on to that thought. You might be buying Cardano at the top. You definitely don't want that. There are a lot of cheaper assets to buy...
Warning: our thoughts are ours; not financial advice. We took a look at how CAKE performed over time. We think it's an excellent investment. It's cheap to buy right now and could easily double in the next few days. Next target for us would be $24+.
Warning: our thoughts are ours; not financial advice. We are not the God of the crypto market, but we've made a few right predictions. From our analysis, we believe Ethereum ETH may be headed for the $2100. A further confirmation of this comes if we close above the 21 MA. Fingers crossed.
Warning: our thoughts are ours; not financial advice. In our honest opinion, we think stellar lumen is very much behind. We are near taking more profits on other assets and this asset is literarily dancing on the line. We'll be moving part of our profits from other assets here. Our prediction for stellar by the end of next week would be 70+ cents. Let's hope...
Warning: our thoughts are ours; not financial advice. We are back into the bullish days. We think this will continue for a while, maybe till the end of next week. Our expectations are high for bitcoin. Firstly, we do not think the bulls market is over, our indicator is yet to signal that. Nevertheless, things change so quickly, that's why there's a need to...
Warning: our thoughts are ours; not financial advice. We published an article yesterday that selloff may be over for BTC and its price now on its way to test previously set ATH. At yesterday's market close, bitcoin closed incredibly bullish. Sunday's candle and that of yesterday form a bullish engulfing symbol. For this reason, we are expecting bitcoin to not...
Warning: our thoughts are ours; not financial advice. We normally don't capitalize on time frames lower than the daily time frame to enter the market. However, this time, we spot a breakout to the upside of a symmetrical triangle and also a seemingly slight close above the 21 MA. This could be the end of a many days of sell off bitcoin has experienced and price...
Warning: our thoughts are ours; not financial advice. Let's talk bitcoin today. The asset is very bullish, however, we do not consider it cheap enough for some considerable profit. For one, we are still above the 21 MA which signals that we keep cashing out on our current holdings. Secondly, we think there's a 60-40% chance that BTC will continue to go down to...
Warning: our thoughts are ours; not financial advice. We believe Maker is cheap right now. If we keep in the channel, we should be looking at a potential short-term target of about $3,900 per token.
Warning: our thoughts are ours; not financial advice. According to our strategy, accumulate when the price is below the 21 MA, sell when it's above. And being in an uptrend, we think the 1Inch is a great asset to accumulate right now. Target between $9-$10.
Warning: our thoughts are ours; not financial advice. Who freaked out yesterday during the dump. A lot of people did, and if you were also, that's totally normal. However, we've seen this play out over and over again. It looks like a movie you know the end right from the beginning. At the end of the trading day yesterday, ETH closed right in its channel as we...
Warning: our thoughts are ours; not financial advice. In our past reserve analysis, we expected the RSR to make a pullback to 4 cents. Thankfully, it trades even lower. However, it needs to remain in its channel that began on 9th January 2021. If it holds, the potential short-term target for us would be 8 cents. However, if we break this channel to the...
Warning: our thoughts are ours; not financial advice. According to our analysis, ETH is at the base of a channel that started on the 9th of January, 2021. There's no need to panic right now unless we break to the downside of this channel at the end of today. If this happens, ETH may fall as bad as $830 per ether according to our analysis. However, we believe...