BitfulMind

BitfulMind Updated  Feb 20, 2022

A quick look at Beta (#BETAUSDT, 1D, Binance): Since my last idea , price found support on the $0.40 level and looks ready to give us some more fun! Main Points Yesterday, BETA has seen a considerable above-average trading volume, with price pushing as high as +20.89% at close. If BETA breaks through the EMA 50, it may go up to the most recent highs and even...

BitfulMind Updated  Jan 23, 2022

A quick look at Beta (#BETAUSDT, 1D, Binance): According to CoinMarketCap, "Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets." The price has been trading in a descending wedge since its launch but may have found a support at the current level. Main Points If the support level holds, price may trade...

BitfulMind Updated  Sep 28, 2021

A quick look at Litecoin (#LTCUSDT, 1D, Binance): Price is picking above the daily resistance at $179. If LTC price confirms the breakout we could open a long position with a good margin for profit. If it does not hold, price should find support at $164 and $152. Strategy If the breakout holds: TP1: $226 Alternative TP1: $199, TP2: $226 If you...

BitfulMind Updated  Sep 15, 2021

A quick look at Ren (#RENUSDT, 1D, Binance): According to CoinMarketCap, "Ren is an open protocol built to provide interoperability and liquidity between different blockchain platforms." The token bounced back nicely at the 200 EMA during last drop and it's on a steady recovery. Main Points Following the recent dip, the last two daily candles have brought a...

BitfulMind Updated  Aug 16, 2021

A quick look at NEM (#XEMUSDT, 1D, Binance): Price is on the rise, it retested support at $0.1806, and looks like an easy run up to the next resistance at $0.2229. At the time of writing, that would be a +11.58% profit. If it breaks the next resistance, would be at $0.2691. Strategy TP1: $0.2229 TP2: $0.2691 If you want to read more about NEM on...

BitfulMind Updated  Aug 16, 2021

A quick look at PancakeSwap (#CAKEUSDT, 1D, Binance): According to CoinMarketCap, "PancakeSwap is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return." The token registered an impressive +98% gain over the last month, following the trend of...

BitfulMind Updated  Aug 15, 2021

A quick look at Coin98 (#C98USDT, 4HR and 15m, Binance): According to CoinMarketCap, "Coin98 is a decentralized finance (DeFi) solution that allows users access to cross-chain swaps, staking and yield farming." The project was launched on Binance's Launchpad and opened for trading on July 25. I have been quite satisfied trading this coin so far. Today, it...

BitfulMind Updated  Aug 14, 2021

A quick look at #TheGraph (#GRTUSDT, #Binance, D): Price broke the 0.7592 resistance. The 4HR timeframe shows a positive retest of that level as support. Price may test the next resistance at 0.9547. To read more about The Graph on CoinMarketCap, click here . What do you think? Still learning here, so any constructive feedback and positive vibes to...

BitfulMind Updated  Jun 2, 2021

A quick look at #ChainLink (LINKUSDT , 4HR, Binance): LINK is consolidating after a dip that brought its price from $53 to $15 in two weeks, in what looks like a diamond bottom. If the price confirms a breakout, we can see higher prices. Strategy: Hit the TP1 target, or Exit after 50 candles, or Stop loss If you want to read more about ChainLink...

BitfulMind Updated  May 19, 2021

A quick look at Litecoin (LTCUSDT, 4HR, Binance): Signs of recovery after the big fall of last weekend. Price broke the wedge's trendline acting as resistance. If LTC price confirms the breakout we could open a long position. If it's a fakeout, price could find support in the $270-$255 range. If you want to read more about Litecoin on CoinMarketCap, ...

BitfulMind Updated  May 1, 2021

A quick look at #MyNeighborAlice (#ALICEUSDT, #Binance, 4HR): Price broke the upper resistance of the wedge pattern on April 28 with a solid increase in volume. We should now wait for a confirmation. First available support is at the $11.70 level. If you want to read more about MyNeighborAlice on CoinMarketCap, click here . What do you think? Still...

BitfulMind Updated  Apr 21, 2021

A quick look at #PancakeSwap (#CAKEUSDT, #Binance, 4HR): Whether we see a wedge or a broadening formation, CAKE is broke up from it with a nice spike in volume. If confirmed, it could be a good entry. If it fails, price could go back to the $23-$22 level. If you want to read more about PancakeSwap on CoinMarketCap, click here . What do you think?...

BitfulMind Updated  Apr 19, 2021

A quick look at #Ren (#RENUSDT, #Binance, 4HR): There are two way I can look at this chart: A) Ren broke out a descending triangle on March 26; B) Ren broke out yesterday from a triangle. Either ways, price has been ranging since March 26. Let's wait to see if the price bounces back from the upper side of the triangle, or for a confirmation of the upper...

BitfulMind Updated  Apr 18, 2021

A quick look at #Litecoin (#LTCUSDT, 4HR, #Binance): Price broke the upper resistance of the pennant pattern on April 5. After reaching T1, it stopped at $297 on its way to T2. Price is now retracing to S1, where it might bounce back. If not, next supports are S2 and S3. What do you think? Still learning here, so any constructive feedback and positive...

BitfulMind Updated  Apr 18, 2021

A quick look at #Livepeer (#LPTUSDT, #Poloniex, 4HR): Price broke out the upper resistance of the triangle pattern . Let's wait for a confirmation of S1 or S2. If confirmed, we could see #LPT explore higher grounds. If both fail, price might go back down to S3. What do you think? Still learning here, so any constructive feedback and positive vibes to...

BitfulMind Updated  Apr 18, 2021

A quick look at #NervosNetwork (#CKBUSDT, #Binance, 4HR): Price broke the upper resistance of the wedge pattern on April 11. However, since April 8, it's been going within a tight range between $0.029-$0.032 (reaching up to $0.035). It seem the , where it seems S1 is struggling to act as support. If it manages to hold and bounce off of that and break through...

BitfulMind Updated  Apr 18, 2021

A quick look at #Ethereum (#ETHUSDT, #Binance, 4HR): ETH has been in a wedge formation since March 20, and broke previous ATHs three times. Price has been in a tight range since April 2 and, on April 13, it broke out of the pattern. After reaching T1, it stopped at $2,548 (ATH). If S1 holds, ETH can try again to break the ATH and move higher. If S1 does not...

BitfulMind Updated  Apr 18, 2021

A quick look at #TrustWalletToken (#TWTUSDT, #Binance, 4HR): Price broke the upper resistance of the pennant pattern on April 4 with a nice volume spike. Since then, we missed TP1 by a $0,01 and lost support at the $0,80 level. Currently, we are testing support at $0.74. If it manages to hold and push higher through resistance, we could see #TWT resume its...