Hello, fellow traders! This is my analysis on Bitcoin (BTCUSDT). 1️⃣ Analysis We see the market in its historical rally after the election. I was hoping for a more steady, stable uptrend but instead we experienced an aggressive rally led by Bitcoin and Dogecoin. We now see the price being tested as it approaches the major resistance line (MRL). This line is based...
Hello, traders! This is my analysis on Rocket Pool (RPL). Normally I use Binance as my main source for crypto charts, but I decided to use this chart instead for better historical data. 1️⃣ Analysis In my previous post on Rocket Pool, I've suggested entering long after confirming the reversal and sell at 12.347. We now see the price rebounding as it touches the...
Hello, fellow traders! This is my analysis on Zcash (ZECUSDT). 1️⃣ Analysis We see the price slightly above the resistance line of the weekly regression channel. With the strong bullish movements of crypto and stock markets fueled by the outcome of the election, it has shown an aggressive uptrend yesterday. 2️⃣ Expectations We might see a consolidation (orange...
Hello, fellow traders! This is my analysis on Artificial Superintelligence Alliance, formerly known as Fetch.ai (FETUSDT). I will call FET in short. In my previous post on FET, I’ve marked that price breaking through the resistance line could signal a possible uptrend in future. 1️⃣ Analysis In the daily chart, we see FET in a continuous downtrend after peaking...
Hello, fellow traders! I want to share my thoughts on BTC. Looking at the 1H chart, we see the price has recently touched the weekly resistance line. It is now hovering just above the line instead of breaking out, which is ideal. I've adjusted the time of the US election and Federal reserve interest rate announcement based on where I live. The US election is...
Hello, fellow traders! KASPA is nearing to its support zone based on its ATL and swing movements. If we can confirm the reversal here with the favorable outcome of the election, we might see a swing opportunity to 0.19 or even beyond. We will also make sure to confirm the reversal first: if the price drops additionally before making its turn, this is not out of...
Hello, fellow traders! This is my analysis on Voxies (VOXELUSDT). 1️⃣ Analysis We see the price rebounding after reaching the key support level of 0.1304, ATL of the crypto. The current dynamics of the crypto market was able to boost this young crypto into a strong uptrend. 2️⃣ Expectations The price may rise up to 0.1776, where it will face resistance and...
Hello, fellow traders! This is my analysis on ZetaChain (ZETAUSDT). 1️⃣ Analysis Price has been in a downtrend since February to August. In August, we see an attempt of a breakout with significant volume spike. The breakout seemed like a failure until the second breakout took place at the end of the month which then converted the resistance line (red trendline)...
Hello, fellow traders! This is my analysis on Biconomy (BICOUSDT). I've covered Biconomy a lot in my account - it actually has second highest coverage after BTC. 1️⃣ Analysis The price has recently crossed the resistance line (red line) of the monthly downtrend with notable volume spike. The line used to be the support line of the previous downtrend until the...
Hello, traders! This is my analysis on Monero (XMRUSDT). Monero is a crypto that was first lunched in 2014 with the price of 163 and market cap of over 3B US dollars, I think it is a reliable crypto to trade on. Also the community is very active. 1️⃣ Analysis The price has shown steady wing movements for last 5 months. Of course, this does not mean the swing...
Hello, traders! I mostly post cryptos here but I also trade indices so I wanted to share my ideas. Markets are showing steady and calm movements as the election approaches and I think now might be a good time to watch over the indices. I often check the indices because I trade them regularly - my idea behind the trades is simple. "It will rise if it gets too...
Hello, fellow traders! I never thought I'd post about BICO again but here it is. For the last 5 days, BICO attempted the breakout three times. Last two times failed, price being unable to sustain above the resistance line. Two consecutive failures mean that the seller pressure is still strong, but I decided to keep watching since the third breakout might...
Hello, traders! With election leaning heavily towards Trump, BTC on its new ATH, and possible rate cut this Thursday, we see crypto market on a bull run. In FETUSDT chart, we also FET breaking through the resistance line of the 7 months downtrend. FET(Fetch.AI now known as Artificial Superintelligence Alliance) has been in a constant downtrend since March with...
Hello, fellow traders! We see ZRO nearing to its supply zone - the price may reverse now and start a bull run or it might continue the decline further down and reverse there. In my opinion, it is safe to enter now - but! There are several things to keep in mind. 1. When entering trade, enter with only small portion of your entire balance to manage risks. If...
Hello, traders! I've posted a lot about BICO lately, and this will be my final remark for this cryptocurrency. BICO is about a year old, its ATH was 0.9877 USDT on April 1st when it continued to decline ever since. BICO's average daily volume was very low for last few months, being approx. 5M USDT. However the volume from October 30th to November 4th (yesterday)...
Hello, fellow traders! We see RPL(Rocket Pool), a relatively young and fresh crypto meeting all time low as it surpasses its previous all time low (atl), 9.190. The price is now staying just below 9 - the favorable outcome of the election may affect this crypto to rebound and start an uptrend. If we confirm a reversal, we may enter LONG. If not, however, I find...
In the previous breakout, we see BICO failing to keep up the uptrend and falling below the resistance line. We now see its second breakout. While the high was lower than the first, its momentum is bigger. IF we see a reversal in 1️⃣ and BoS in 2️⃣, we will enter LONG.
Hello, fellow traders! In my previous analysis on BTC, I've mentioned that if the price showed reversal of trend at the weekly downtrend's resistance line, there's a good chance it might be signaling a bull run. In the first box 1️⃣, we see the reversal near the resistance line. Although the price did not physically touch the line (which would have been the...