(Not Investment Advice) Riot is showing a double bottom on the weekly chart. Riot has finished off 2021 lower than expected in the way of price action, Riot has accumulated large amounts of BTC and is focusing on growing further. The fact they have not offloaded BTC in the past year is a buillish sign for potential higher prices in the future, will this big play...
(Not Financial Advice) IFT has done well and expanded into the renewable market in Asia which is a positive sign for growth. However the company is due for a pullback in the near future as it has remained in the overbought section of the RSI ( Relative Strength Index ) for some time now. On the monthly chart IFT still looks strong but on the weekly chart we can...
(Not Financial Advice) On the charts it showing the momentum is ready to bust through $4.00 , it's sitting just under at $3.99. The current price is sitting at $3.95 but the space for the potential run up is there. Once it breaks through and retest then the steps it has been imitating should kick into gear. Good to see Telstra is fighting against resistance.
(Not Financial Advice) XRP has had a fun time while dealing with the Ripple lawsuit but they are hanging in there which is such a bullish sign. Price staying strong at $1.06 and upwards shows a new support level and as the Ripple law suit is being squeezed to a close this is potentially a prime position to be in with all this pent up energy once the lawsuit is...
(Not Financial Advice) EWT saw a spike in the past 14 days then a short pullback to consolidation value of $10-$11.50. Overall the trend since late July 2021 is showing a positive upward trend. Excited to see how EWT progress's and if they have any more big partnerships being worked on during this bull cycle. Happy Investing
(Not Financial Advice) Bitcoin has had a healthy correction of 11%+ as we all know, nothing goes up in a straight line and corrections are healthy for the rise in markets in Bull markets. EWT like majority of altcoins still follow and are effected by BTC's volatility. When BTC is going up several days later even up to 10 days it will be Altcoin season. BTC is...
(Not financial advice) Recent jump with EWTUSD which pushed the token into the overbought zone then the drastically overbought zone. As EWT comes off its recent increase the token will find new support levels and potentially move higher as the search for renewable source of energy which is produced in enough abundance to support network transactions continues....
(Not Financial Advice) 30 Billion dollar pension fund has just increased its holdings in BTC miners and Riot Blockchain is one of the lucky two. In a first for the state of New Jersey this is just one move that is proving there is still more to come in this bull cycle. What the effects of this latest investment is, is yet to be seen but this shows a bright...
(Not Financial Advice) Relative Strength Index is showing the ORCL is overbought which usually indicates that a correction is due to come in the following days or weeks. How much the correction 'should' be no one knows. Correction that is in control is between 15-20%, depending on your own risk tolerance this may fall in or out of your range. Do what you need...
(Not Financial Advice) XRP & Ripple are looking into expanding the utility into the NFT space. The effect of this could go either way in regard to the price. Looking forward to see what effects the XRP could have on the NFT Market. Happy Investing
(Not Financial Advice) Big year for Energy Web token so far. Big run up between Feb- April 2021 then a big shakeout in May and still in a declining trend on the RSI. Energy Web is working on growing their public face and showing Crypto's need to be taking carbon offsetting and using renewable energy for mining seriously. Looking forward to watching EWT in the...
(Not financial Advice) Buyers vs Sellers is always an interesting concept especially when you consider how this effects the RSI chart for Tezos. Since late June 2021 XTZ has gone on an interesting ride after hitting a low of approx $2.17 (4hr chart). The RSI has showed a fight between buyers and sellers which now seems to be subsiding and looking towards the...
(Not Financial Advice) ENJ has seen some volatility on the charts in recent weeks plummeting below previous support levels. ENJ RSI has been slowly rising since the correction and is showing consolidation between $1.00- $1.15. Building support levels here will be important as continue work on the Efinity continues. Latest NFT work on the DOT blockchain is...
(Not financial advice) VTHO still looking for the bottom and sitting in a no trend pattern much like VET. VET showed great strength at the start of 2021 which helped pump VTHO to above 2cents. VTHO helping with crypto payments will help save with gas fees, looking forward to more partnerships in the future to rally around the Vechain eco system. Happy Investing
Relative strength index on the 4 hour chart is bouncing between 60-70 showing that Vechain is ready to break on the upside. Lets see what the market does in the next 12 hours. Vechain is showing strong support around 17.9cents, 26cents being the resistance. RSI being so strong lets see how quick we bust through 30cents
(Not Financial Advice) After performing very strong Vechain is now in a phase of consolidation and find new support/resistance level. Relative Strength Index (RSI) indicates that there is currently no trend and in a neutral position. Once the market has established the boundaries for VET then the real game begins and innovation will be key to continue building...
(Not Financial Advice) After XRP's incredible rise and developing new partnerships even with the SEC situation is a good bullish sign for XRP. The pull back in the last 8 hours is long overdue after the parabolic run up. XRP should find a new support level around $1.12 then expected consolidations for a few days before the next move. Watch this space Happy investing
(Not financial advice) Breakout point predicted has been confirmed. Exciting times for Vechain with deals being rolled out at a great rate. Looking forward to see the Salesforce relationship grow further and further. Vechain will be a space to watch. Be aware consolidation phase will be expected, at what level is the next big question. (Not financial advice)