grubobeats

grubobeats

UMA is looking very undecided at the moment. Looking at the chart, we are seeing a clear downtrend. Yet, if we pay attention to the RSI, it signals that UMA is a bit undervalued at the moment, on the hourly chart. On the 4 hour chart, it does signal slight overboughtness, increasing it on the daily chart, which indicates that we are being overtaken by a bearish...

grubobeats

XLM is in a good position to breakout from the ascending triangle which was forming since the breakthrough (big pump) we had on 6th of January. If it goes down from here, we have a potential buying area at around 0.266 USD. Should it go up, there seems to be a potential for selling at 0.496 USD. While we can already see XLM trying to breach the resistance level...

grubobeats

I would like to hear your opinions. It seems like the BTCUSD is in some kind of consolidation, forming a descending triangle, behaving heavily volatile even for day trading. With this in mind, BTCUSD may remain in this state until 4th of February. Given that BTCUSD is heavily influencing the rest of the market, investing in altcoins now also seems like not the...