Theta is another great project in the crypto market that has grown significantly. The impulse wave is followed by a corrective wave which seems finished at the 0.5 Fibonacci retracement. Now, Theta is trying to break the first downtrend line. Also, Fibonacci time analysis suggests the end of this corrective wave is near. let's see what happens.
Arbitrum a highly anticipated project, is an Ethereum layer-two scaling solution that uses optimistic roll-ups to achieve its goal of improving speed, scalability, and cost-efficiency. There are not enough candles to see the big picture. But the short-term view is that there is a descending channel, and if ARB breaks it upward, an impulse wave can be expected....
Like Floki, Baby Doge is another meme coin that seems to have started an uptrend wave. If we have an altseason, I think BabyDoge is the one to consider for meme coins as part of your portfolio.
IDEX project is relatively new and they claim it is "The First Layer3 Derivatives Exchange" which provide unique and cool features. Also its price movement show how popular it is. It seems idex is unfolding an inverted wedge pattern; if true, the current bullish wave has a lot of upside potential. Let's see what happens.
COTI markets itself as the first blockchain protocols that empowers organizations to build their own payment solutions and is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers. Anyway, after COTI's upward phase ended, it then entered a correction phase in the form of a butterfly/scissor...
Avalanche is another great project in crypto market which seems to have a bright future. Clearly, a harmonic pattern formed, finished, and the downtrend line broke too. Also, there is a horizontal support/resistance area on which price have bounced several times and will probably react on it again. Now, only time will tell how far up this project can go. Let's see...
Dogelon Mars is another dog-themed meme coin on Ethereum and Polygon that followed other successful dog coins like Dogecoin, Shiba Inu, and Floki Inu. Anyway, Elon's chart is simple, a sharp upward wave started after Elon broke the triangle pattern in which it was oscillating. Then, the correction phase started which unfolded in a big inverted wedge pattern. Now...
The SEI Network is a Cosmos-based Layer 1 blockchain that specializes in trading infrastructure for decentralized exchanges and marketplaces. SEI accelerates blockchain efficiency and block finality, reducing it to a mere 380 milliseconds through the twin-turbo consensus mechanism. Anyway, it is clear that SEI has potential. Besides the beginning in which SEI was...
One of the great projects in the crypto market which show promising future. The technical analysis is straightforward; well, almost. After the previous impulse wave ended, price entered a corrective wave and now it seems finished around 0.5 Fibonacci retracement. Also, there is a consolidation zone shaped like a box or more likely a triangle in which the price has...
Fantom needs no introduction, a popular project which maintained its usefulness as well as high trading volume. After FTM price skyrocketed, a corrective wave started which seems ended at 0.382 Fibonacci retracement. The 0.382 area is a strong and important one since it was able to supported price several times; if this area breaks downward, for any reasons, the...
SPACE ID is all in one domain manager for web3. It is a newly started project and there are not enough candles to see the big picture. Anyway, there is a downtrend channel in which price is descending. If this channel breaks upward, there is a possibility of an impulse wave. Let's see what happens.
Stacks started its upward impulse wave sooner than others. Back when a harmonic pattern ended and price settled on 0.618 Fibonacci level, STX started a strong upward wave. After a 500% growth, corrective wave started. Now it seems STX posed for continuation. Let's see what happens.
EGLD need no introduction as its project promises unique features as well as its price skyrocketed due to increasing popularity. EGLD's corrective wave didn't dropped much, currently price resting at 0.382 Fibonacci level and been oscillating at this level for a while. Have to wait and see if price can break upward and start a new impulse wave or going down...
Mines of Dalarnia is a play-to-earn game with procedurally generated levels, where the task is to uncover the secrets of the Dalarnia universe. Users explore territories, mine resources, and fight enemies. Players in the Dalarnia universe make a profit by collecting rare items and trading them on the marketplace, completing quests and tasks, winning battles,...
Tellor is a decentralized, transparent and permissionless oracle protocol that supplies data that can be requested, validated and put on-chain permissionlessly with data reporters competing for incentives of TRB. Data reporters bring valuable information on-chain for a wide range of DeFi applications. Anyway, TRB analysis is straightforward; after TRB made a 5...
Ideaology is a blockchain project that strives to connect Innovators, developers and investors connected in one platform to create an ecosystem which covers four steps from initial idea to crowdfunding. Anyway, IDEA was mostly in a downtrend since the beginning. Recently, IDEA broke the long downtrend line, and it seems an upward phase is about to start. Let's see...
Injective is one of the famous pioneers of layer-one blockchain for finance, in which user can build and use the Web3 applications. Anyway, Injective also was the first (or one of the first) altcoin which started the next upward/impulse wave sooner than others; and it seems INJ is making an inverted harmonic pattern. If this harmonic pattern takes place, major...
DODO which makes DeFi liquidity more accessible, uses its own proactive market-maker algorithm to offer better liquidity and price stability instead of automated market makers, which many other DEXs use. Anyway, DODO has been in a downtrend for a while. However, recently the price has broken the downtrend line upward and then retracted to make another minor...