eBlockChain

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VET is no dinosaur, with little technical data to analyze since it doesn't stretch back to previous market cycles to draw a FIB R Levels from its 2017/2018 ATH. So I choose to be conservative here and draw the lines as per this year's May 19th dip from its cycle ATH to ATL that followed. I witnessed that ADA, AVAX & MANA (the early boomers) got stalled between...

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What is more dangerous than buying the top, is waiting for the top and holding a bag of rocks into the bear market. Therefore, I am sharing this with you with further explanation of how I see the market will play out: OBSERVATION: I see ALTS like ADA, AVAX, MANA etc. topping out at FIB R ranges of 1.618 & 2.618 levels from May 19th dip. But if we consider March...

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XRP continues to show bullish tendency despite being a lagger and a boring Alts... yet with so much potential to come. 1) XRP held the Ichimoku Cloud as support... re-tested and bounced off of it. 2) XRP Daily RSI is heating up at 60 level 3) XRP Weekly RSI remained flat at 60 level for long weeks 4) Considering short-term target based FIB R levels for XRP this...

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As per my ADA, AVAX observation published in a previous post where they both stopped short below the 1.618 FIB R level. I am hereby applying the same formula to ETH where it can potentially get capped at $5,500 for now before a deep correction. And whether this deep corrections takes into the an extended bull market or a bear market, that is yet to be...

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#CARDANO #ADA got stopped out short from 1.618 FIB R level. This is where #avalanche #AVAX at right now. Time to short #AVAX? Is this where #Alts will get stopped at? www.tradingview.com

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If we look at the monthly and weekly RSI we can see that BTC is forming a bearish divergence... but what does this mean? 1) Bitcoin managed every time to reach 97 level on the monthly RSI at its ATH of every cycle. Even in the double top ATH cycles of 2013, both reached 97 level. 2) Bitcoin reached 97 level in May 2021 before crashing in May down to 30k. 3) So...

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1) CLV cleared 8W SMA and trended above it 2) CLV is above 60 RSI on the daily 3) CLV needs to close a daily candle above Ichimoku Cloud at $1.6 to show strength ... otherwise a retest to $1.2 could be in the cards. If you are accumulating spots there is no harm in doing so at this stage. If you are leveraging, I'd wait for $1.6

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1) XMR has been battling the 8W SMA for long weeks 2) XMR managed to get above the Ichimoku Cloud at last 3) RSI is yet to get above 60 level to indicate a pump north 4) Ichimoku Signal Indicator is yet to get green The above indicates that XMR is lagging behind still with a pump in the cards in the coming days.

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LTC has been battling resistance after another and finally broke out: 1) At first it broke out from the 8W SMA at $180 2) then it broke out from the Ichimoku Cloud at $190 3) and finally the RSI broke out from the 60 level Beautiful quiet breakout… time to set new ATHs.

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Here we are: 1) EOS just broke out of the 8W SMA 2) still EOS need to close above $5 to conquer Ichimoku Cloud on the daily 3) still EOS need to close above $6 to reach FIB 0.236 level What does this mean? This means this Alt is undervalued Alt and on its way to breakout.

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At least 1) XRP broke out of the RSI resistance 2) broke out of PA resistance breaking above $1.13 3) broke out of the Ichimoku Cloud 4) Broke out of the 8W SMA XRP may retest the $1.13 from here or may continue going north,,, it has been a long wait for this gem to wake up from hibernation.

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It’s straight forward, we are witnessing the weekly RSI for Alts Market Cap testing the descending resistance line. This can be confirmed by weekly closure candle if the RSI manages to break through upwards. It could happen any week, starting this week.

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As the excitement is taking over the market with few Alts staring to pump massively with more to follow, I’d rather be prepared for the worse than get taken by surprise like most of us did back in May 19th. Theories circulating the market: 1) BTC May have a long bull run with triple tops this cycle. 2) BTC will not again have a 3 year bear market as it’s getting...

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ANKR is one of my favorite ALTS fundamentally, and one of my profitable Alts I traded since 2020. As Bitcoin went on a mission setting a new ATH after testing the 20W SMA at 40k back is Sep, most Alts bled in their BTC pairs without any realized profit in their USDT pairs. But where are we now? 1) ANKR is below the Ichimmoku Cloud => no strength to the...

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Going long on VET due to its fundamentals, nothing TA here indicates its bullish except that it is undervalued with a buy signal as demonstrated below: 1) VET is above the Ichimoku Cloud, indicating a buy signal 2) VET is above the Ichimoku red Signal Line, indicating a buy signal 3) VET Ichimoku Signal Indicator is green, indicating a buy signal 4) the daily RSI...

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Most day traders were caught off guard as BTC PA dipped today with no FA or TA warnings. But if we look at the charts, what do we see: 1) BTC Daily RSI Support is being retested at 50 RSI level 2) Ichimoku Signal Line at 58k is serving as a support. 3) Ichimoku Signal remains green on the daily. 4) 8W SMA is far below at 52k. I'd say 58k should serve as a support...

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Sold my LTC for COMP... regardless of LTC debatable fundamentals, COMP is far more promising in that regard. As you can see in the weekly chart, COMP has been in the accumulation stage for long and still below the 8W SMA indicating that it is still under valued in a bull run. Add to that COMP is still back to July levels. Again, the RSI, Ichimmoku Cloud and...

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There are different scenarios currently at play addressing where BTC ATH. We all heard of 100k, 200k & 300k. I even posted earlier few months ago that I am leaning to the scenario that BTC will top at 188k this bull run cycle and I even pinned it on my Twitter. However, there's another scenario that I find compelling. I provided a link to the Youtube video of a...