Celestia is the first modular blockchain network with data availability that makes it easy for anyone to securely launch their own blockchain. Anyway, it is clear that TIA start was great—an upward wave that rose 800%. Then the correction started, which seems to have ended at the 0.382 Fib retracement level. Also, TIA broke the correction's minor downtrend line...
Just like USDT Dominance, US Dollar Index (DXY) has a somewhat inverse correlation with Bitcoin's direction. If we look at the DXY historically, whenever the DXY was in a downtrend or sideways movement, Bitcoin was in an uptrend. Also, whenever the DXY was in an uptrend, Bitcoin was in a downtrend. Simply put, if the DXY goes up, that means the U.S. dollar is...
Bitcoin Cats is a cross-chain entertainment ecosystem that bridges the Bitcoin and EVM networks. To achieve this, Bitcoin Cats builds 1CAT Chain, which is a modular Bitcoin Layer2 compatible with EVM, utilizing the 1CAT token and BTC as the gas. Anyway, 1CAT is still young, and since few candles are available, long-term analysis is not possible. However, it seems...
Notcoin with the slogan Probably Nothing, started as a viral Telegram game that onboarded millions of users around the globe into web3 through a tap-to-earn mining mechanic. Anyway, NOT is still young, but the signs indicate a bright future. NOT started with a downtrend move that turned into a small scissor pattern. Then, NOT broke this pattern and went up....
Jasmy, one of the most popular coins in Japan, has been progressing silently. First, breaking the downtrend pattern and then starting an upward move. Now, we have to see if Jasmy can break the horizontal resistance area in front of it.
In relation to technical analysis, Chiliz is awesome in a weird a way! First, consolidating in a triangular/boat like zone, then bursting upward. Next, enter a corrective phase in a downtrend channel. Could it burst again upward reaching Fib level 1 making ABC pattern in which A=C? Only time will tell. Let's see what happens. P.S. the middle of the triangular...
Carbon browser claims it is faster than competitors, takes less space on your device, and provides smooth browsing. Anyway, like many new crypto projects, CSIX entered a downtrend move from the beginning. Now, it seems price is trying to break the downtrend line. Let's see what happens.
Turbo is a meme coin created by AI that rose to fame just recently. Since there are few daily candles, no big-picture analysis can be done. But, in lower time frames, namely 1 hour, it seems a descending triangle pattern is forming. Let's see what happens next. P.S. Be careful, meme-coins are risky to trade
Since the previous Bitcoin Impulse wave analysis got very long, here the subsequent analyses for Bitcoin Upward waves will be presented. Anyway, continuing from the last analysis; the correction started when Bitcoin touched the major channel's upper line and the horizontal resistance area (The chart of previous analysis is provided for reference in blow). There...
One usually refers to altcoins and mems flying high when talking about big profits and pumps. So, when the next alt season could happen? To answer this question, analysts usually examine ETH and the Crypto Total Market Cap (excluding BTC and ETH) charts to make a prediction. Moreover, I think it is worth analyzing the Dominance of altcoins (excluding BTC and ETH)...
So far, LUNC's movement behavior is analyzable by technical analysis and Elliot waves. That is, the corrective 2 and 4 waves both ended at 0.5 and 0.618 Fibonacci retracement; And the impulse wave 3 have been extended to 1.618. So, if the impulse wave 5 grow bigger than wave 3 it can extend past the 1.618 about 0.0041. Otherwise, it probably going to be smaller...
Could it happen? Like this! This is not an analysis. Its just a painting. I myself do not trade this. But if it happens, even something a little like this, even then it's not something to brag about. Since it is not clear in which direction BTC wants to go, I decided to share this painting with you. :)
Kishu Inu in another doge-themed meme coin and the creators of KISHU do not hide that they were inspired by Dogecoin! Anyway, it is clear that KISHU was moving in a big descending triangle. Recently, with the start of a new bullish wave in the whole market, KISHU broke this big triangle and also started an upward wave. Let's see how high KISHU can go.
USD Tether, or USDT, came into existence as a digital version of the U.S. dollar, and it succeeded. USDT is pegged to the U.S. dollar and is the top and most used stable coin in the crypto market. USDT is also being used for transferring money or other means of payment, although mostly in the crypto market. Many others tried to capture a piece of this huge market:...
With Bitcoin's ETF approved, and Ethereum's ETF news on the air, almost everyone, including myself, is expecting Bitcoin to go up. I have been updating the Bitcoin upward movement step by step; check out the link below. Now, as an investment/trader, one has to consider the worst-case scenario too: if Bitcoin moves in a wide sideways channel, and currently Bitcoin...
Milady is a meme coin (literary in the name) that rose to fame by a tweet we know from who :) Anyway, LADYS is in a downtrend move and we have to see how far down will it go and when price breaks the downtrend line. Let's see what happens. P.S. It seems LADYS has the potential for at least one pump. But, be careful as this is a meme coin, and its price can pump...
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications. Harmony achieves scalability and increases the speed of transactions and block generation through the use of random state sharding. Random state sharding allows the network to split the database into smaller partitions called shards to reduce latency....
Ethereum—some call it the silver of cryptocurrencies; obviously, Bitcoin is the gold. Anyway, continuing from the last ETH analysis, ETH is still moving in a wide ascending channel. Currently, ETH is oscillating in a triangle pattern that is sloped slightly upward. At the same time, there is a horizontal resistance/support area that acts like a magnet. Also, the...