Dogecoin has been in a downtrend since its last moon mission. Now it is about to breakout from the downtrend. Daily MACD has taken support on the zero line and has crossed over. SHIB rally is coming to an end and developing a bearish divergence on daily, and I suspect money is going to flow from SHIB to DOGE, because they have a common fan base. Daily VFI is also...
Yesterday was the highest volume day for this coin since the first day it launched. And today's volume is even more massive, with 8 hours to go till daily close! Daily MACD has taken support on the zero line, and crossed over, thanks to this massive volume. Looks like the whales are taking a lot of interest. And best of all, we just had a breakout from the massive...
LINK has just broken out of a multi-month downtrend that began on May 9. When you zoom into hourly chart, you can see that it was a very strong breakout. 2 days ago, Associated Press announced that they're looking to use Chainlink for elections and sports data, which is probably what caused this breakout. This coin could really fly from here! Price target could be...
GBLC weekly chart is looking better with each passing day. Price made lower low, and both the MACD and RSI made higher lows at the same time, which equals a Bullish Divergence on the weekly timeframe. This pattern can be very powerful on the weekly timeframe and could indicate upcoming bullish momentum for the next several weeks. Additionally, the price has now...
Graph Blockchain Inc.is a leading-edge blockchain solutions company providing shareholders exposure to a variety of Decentralized Finance (DeFi) opportunities from Altcoins to Non-Fungible Tokens (NFTs). In 2021, it has acquired New World Inc. (Augmented Reality NFT Sales and Distribution Platform), Beyond the Moon Inc. (Leading Crypto Launchpads), and Babbage...
What you're looking at is Total Market Cap of Altcoins / Price of BTC = Total Market Cap of Altcoins in BTC terms. The price has tested and bounced off the 100 day EMA, and is now looking to break the 200 day EMA. Although MACD is starting to curve, it is still considered bullish above the zero line, at least until it crosses. The volume flow indicator is also...
Everyone's always talking about horizontal support levels, yet they're always moving targets or zones. I got fed up of it, and decided to dig in more. Turns out diagonal support and resistance levels are much more reliable, and they behave very much like the triangles you always see on traders' charts. If you want more detail on this, you can check out my...
Let me just start by saying that I do realize that my methods are quite unorthodox, but I'm sure you'll find them convincing nonetheless. Thank you for reading, and please show your support by hitting the "Like" / "Follow" button now. The chart you're seeing here is the market cap of all altcoins combined in BTC (not USD). The formula used is TOTAL2/BTCUSD. It is...
One of the hardest things to do when you're new to trading, and even when you've been in it for a while, is to figure out when to buy and when to sell to maximize profit. I'm sure there have been many times when you've sold too early, or bought in too early, and vice versa. What a waste! Now I'd be lying if I told you there is any sure way to tell the best time...
This is a follow-up to my last idea (linked below) where I marked support and resistance levels based on confluence of diagonal long term support and resistance levels. I have removed the diagonal lines so you can actually see the chart, but I've left the horizontal lines that came out of the confluence points. Speaking of confluence, I realized that the 100 and...
I have been experimenting with diagonal support/resistance analysis, and I find that I get a lot of confirmation in back testing and prediction, so I want to share my thoughts to see what others think of it. Also learning that confluence points of diagonal support and resistance lines tend to act as support/resistance. The pink lines are, according to this...
I have been experimenting with diagonal support/resistance analysis, and I find that I get a lot of confirmation in back testing and prediction, so I want to share my thoughts with you to see what others think of it. I wish I had gotten into HBAR sooner, but I'm in now (full disclosure), and wanted to figure out where to sell. Please like this idea if you found...