Goldsworth

Goldsworth

Clear breakout of prior macro downtrend is followed by bursts of micro trends with general direction upwards. We can expect 120 sat to be reached within the next few days. If Vechain release good news on 15 December it could serve as a catalyst for the boost. Overall bullish short and medium term

Goldsworth

The breakout against BTC pair indicates that DOT is due for a short-term rally to approx 5k SAT level. Similar breakouts in the past led to rallies of 16-22%. However, here we can be more conservative due to markets being neutral and target a moderate breakout up to 5000 sat level. If BTC remains relatively flat, this provides a profitable opportunity to ride the...

Goldsworth

DOT USD pair is looking strong, especially with wider markets of BTC being flat/undecided, this breakout provides a short-term opportunity for traders to target 5.03 USD on DOT. Clear support at 4.4 USD established for short term and held even during strong BTC dumps.

Goldsworth

DOT has broken out nicely from the descending downtrend. It is now headed to approx. 4.82 USD resistance, which will determine if it can follow to 5.30 USD or will need to keep bouncing for longer. Good Daily and Weekly candle indicating reversal at least for short-term (7-15 days).

Goldsworth

UOSUSD pair shows a convergence of various high time frame up upward trends, including following an early stage parabolic move. UOS has held remarkably well during altcoins bloodbath with price dropping from 20 cents to 13 cents (-35%) and already back to 15.5 cents (-23%) compared to many altcoins selling off at 55-80% and barely any recoveries. Moreover,...

Goldsworth Updated 

Binance are masters of marketmaking and painting charts. They brought SXP to a nearly full retracement from its major run and have shaken as many people as possible out. As we approach new week starting from 21 September, we may expect - but not necessarily get - one last scam wick downwards to hunt for stoplosses and force utter capitulation of SXP holders before...

Goldsworth

OM is currently at a decision level, following massive dumps of presales and the first batch of unlocked tokens. For the next 30 days, the direction will be determined by FA news releases made within the next 48-96 hours. With no/negative FA, the price action of OM/USDT pair can become quite merciless, obliterating OM's value. However, it a more likely scenario of...

Goldsworth

Irrespective of FA catalyst AGI is likely to break through the lines of resistance and go north of 900 sats with additional subsequent bounce to 1100 sats possible. However, to go above these values a major FA catalyst would be needed, which could then push AGI into new levels, reaching the top side of the bigger upward channel, where it could go to 2000+ sats.

Goldsworth

Bullish penant has formed and consistently held throughout both the dump and subsequent pump of BTC which obliterated most altcoins. MANA is one of the very few coins that has not retraced significantly during the altcoin bloodbath having formed a strong pennant. Record volumes also preceded formation of the pennant, suggesting a huge volume of MANA changing hands...

Goldsworth

Very low liquidity at levels below 3500 sats suggesting low availability of LUNA tokens at these prices. Technical indicators suggest heavy accumulation. Fibonacci extensions suggest that 11500-12000 sat are a very possible level in November for LUNA tokens. Perfect entry would be 2500-2800 sats but due to low liquidity and strong FA for LUNA TERRA the risk of...

Goldsworth

Clear patterns of selling exhaustion, with big dumps post listing on Binance and team token unlock. For now most selling seems to have taken place. No further unlocks until the end of the year. Signs of bottoming out and commencement of upward channel to reclaim post-listing highs and subsequent price discovery in mid Q4. Clear goal of 3400 sats to match high...

Goldsworth

Fundamentals remain largely similar, most certainly higher than a year ago when SXP traded at a higher price. TA coupled with project releases planned for October and rock bottom sentiment around SXP suggests that towards the end of the month of October SXP may reclaim its ATH price. Following that it may either break its ATH or begin ranging. Additional...

Goldsworth

There seem to be two scenarios possible within the ascending channel for altcoins marketcap. One scenario (the easy way) suggests an immediate movement towards the top of the ascending channel. The other scenario (the hard way) suggests that more blood will be spilt across the board of altcoins until the bottom of the ascending channel is touched, after which...