The American Index follows our scenario (we expected a local rebound from MA 50) and now we are moving towards MA200. We see growth potential up to 406-410 We have a clear, pronounced decrease in highs and lows, and we see a rollback to half of the impulse after a local peak. Much will depend on the Fed meeting on December 14, where the decision on the key...
Algorand (ALGO) looks promising in terms of growth. Cryptocurrency blockchain has been chosen as the official FIFA platform, launching an NFT marketplace for fan tokens last week. The football theme can be a constant driver of growth in the ALGO rate, given the World Cup starting in November. While we were going to write you a review, the ALGO has grown by...
Bitcoin Technical Analysis Update If you read our last post, then you know that this fall was not a surprise to us. We assumed a Flash-Crash down to $14k in order to shake everyone out and cause maximum disappointment for the crowd. At this fall, we already have peak volumes over the past few years. What could indicate the culmination similar to culmination...
$MATIC showed a good impulse as we expected, but we have a pin bar near the resistance, so after such a strong impulse, the price will most likely want to stand Now we expect a correction of 50% of this growth + we need to see a retest of resistance that turned into support. And there you can look for entry points to the long.
This coin is waiting to wake up and accumulation may has ended We think that it is ready to make great “Impulse” at any moment The first targets we see $0.046 and $0.055 (about 40% of potential growth) This idea is relevant while ASTR is higher than $0.039 Fundamental : Astar Network is a Polkadot dApp that supports Ethereum, WebAssembly and Layer 2...
MATIC looks very good. After the impulse in June - July (220%) continues to trade in the range without falling below + we went beyond all moving averages (50,100,200) which is a bullish sign in such a market. If we hold above them, we're waiting for at least a test of range resistance. MATIC paired with #BTC looks super bullish and has the potential for testing...
In the previous analysis of Cardano(ADA), we expected that support would be broken and in the end we broke it. Now we see that after the breakout, we do not see any buyers’ reaction , given that we had a long accumulation that was played down, the potential for a fall is quite large. First targets are $0.28 , $0.22 As a result, we see Cardano in zone $0.2
QNT is up 400% since June which is an amazing result for such a market. We had a plan to buy QNT lower but it did not reach our buy zone and rose despite a new wave of declines on all top altcoins. Now we come to resistance. We do not recommend buying now after such a rise, but we allow a breakout of resistance and growth to the next one at $331 If you...
From a technical point of view, if most of the coins are on the chart at point A and falling down, then EGLD has started to go in front of the market, has passed through the 50th and 100th MA and trying to hold above them, which is already a positive sign. We would wait for more consolidation with going up and potential targets of $59, $68, this scenario is...
$SPY is now at an important support, we are already trying to break through it, touched the weakly 200 MA. Also at the level of 353p. there is a monthly 50 MA, there is a chance that we will test this and the main thing for us in this area is to find support with a quick exit above 365p. If this level is broken, our next target is around 325p. This week the...
The situation has not changed since our last forecast. We removed the low at $18,500 (in liquidity zone 1) We have a liquidity zone below $17,600 where there is a big chance to go down (liquidity zone 2) Now the market is very fishy with a lot of fake movements, a similar market was in early May and early June, after that Bitcoin showed new waves of...
Project Galaxy #GAL Token sale took place on: Coinlist Current ROI: x1.7 Investment: $10 million Project Galaxy GAL is one of the leading Web3 credential networks. Built on an open infrastructure, the network helps Web3 developers and projects use digital credentials and NFTs to build better products and communities. At the seed round, Multicoin Capital,...
Analysis of IMX at the request of a subscriber! Immutable X is the first layer 2 scalable consensus for NFTs on Ethereum. The project's blockchain eliminates the limitations of Ethereum, such as low scalability, poor user interface, illiquidity, and slow UI. Users benefit from instant trading as well as zero gas fees to create and trade NFTs without...
On the technical side, PYR came to the zone in which it began to grow in 2021. At the peak, the project was listed on Binance. After that, we saw a drop, but if you look at the volumes at the peak (Binance and KuCoin) on which we fell, they are not that big, compared to what we see now at the bottom. PYR has already been sideways for 145 days. If we hold this...
Let’s have a look at rising #RSR RSR is the native token of the Reserve Protocol platform launched in 2019. The long-term goal of the protocol is to create a stable decentralized global currency, protected from inflation and at the same time not pegged to any fiat currency. The project uses RSR to secure the value of the Reserve stablecoin (RTokens) through...
I wonder how the chart of physical gold looks like in the current realities There used to be a well-established narrative around the world that gold is a tool to save money from risk. However, now, in the context of the newly aggravated situation in the world , gold does not grow, but sinks after American indices. But, apparently, investors prefer keep money...
Today is the time to update the S&P500 forecast ,from our last forecast the only thing that didn’t go according to plan was a false exit above 400p but quickly returned to support and without seeing any buys we broke support and reached our first target . For now I am not considering any reversal scenarios after this breakout On September 21, we expect another...
📈 Bullish scenario for EWT - corporations and green energy Energy Web Token - helps web2/traditional companies use blockchain technology to access and manage green energy assets, built on EVM (Ethereum Virtual Machine) The project has partnerships or working together with Vodafone, PayPal, Shell and many others. The project also was mentioned in a press-release...