BME:UNI was purchased yesterday with a very high volume, and it appears to be a clear trend reversal. Uniswap BME:UNI , along with the DeFi scene, has lagged behind Bitcoin in the past three months as Bitcoin has been on the rise, and the sentiment in the cryptocurrency markets has improved. From the chart, it can be seen that this project has the potential to...
Bitcoin dominance broke the Pivot Point SuperTrend line in the 1M chart for the first time in history. I'm not exactly sure what this means from a technical analysis standpoint, but considering some basic facts: Bitcoin as a Store of Value: High inflation erodes the purchasing power of fiat currencies, which may lead people to seek alternative stores of value,...
For those who sold the airdrop earlier. BCC is insurance / hedge against issues in Bitcoin (genesis) development so you should own some for the future. This is a good entry level for that.
Amazing bull run with lots of FOMO. Fundamentals not showing this level of marketcap is justified....yet For the longer term best would be solid retracement / accumulation period and let the fundamentals catch up. Traded mostly in Bittrex...it's easier to manipulate markets at one exchange. Looking entry levels between 0.006-0.007. EDIT. If you were long...
After H&S there's descending triangle which looks to be denied by longer term bull trendline. With the help of fundamentals we could see uptrend breakout from here.