DU09

DU09

Bitcoin's price action suggests the market may be transitioning towards a new trend, one which could put an end to the current bear market. The price has been consolidating above the $18k support level for over three months. Is this the start of a reversal? The indicators on the weekly and monthly timeframes suggest that the worst is behind us which could...

DU09

XLM is lagging behind XRP in terms of price action. You can call it the little brother of XRP. XRP consolidated in a similar channel and then broke out with a 50% pump. I expect XLM to rally hard once it breaks this channel. The price action and volume show that buyers are interested. My bias is bullish on this price action. Not sure why XRP and XLM are...

DU09

"Duo, ATOM price looks juicy, should I buy?" NO. ⛔ "But why - I want to FOMO!" Do you see that uptrend? The price broke below it... it's over. What you can expect is a... DOWNTREND or a significant correction. Not only did ATOM break its uptrend, it also broke below the key support at $13. Also, check the MACD on this 3-day timeframe. It's about to flip...

DU09

Do you see that 1-2-3-4-5 Elliot wave structure? Wave 5 is not completed and the price hangs by a thread before disaster hits if this support at 18k falls. Such a breakdown is likely in my opinion and could quickly take BTC towards 14k before the price bottoms and it reverses. If that happens, panic and blood will be on the street. This is when YOU BUY. An...

DU09

Vertcoin has done a fine job testing that resistance at $0.23. If it continues to put pressure on it, I expect it to break and open the way towards 40 cents, which is the next key target. The indicators are bullish on this weekly timeframe and the price action is making higher lows and highs... which is exactly what you want to see. Miners also jumped on VTC...

DU09

XRP broke its range and rallied hard ever since. Now facing resistance at $0.50 level. Break that and we have a runner. But let's not get ahead of ourselves, this is a major resistance level, won't go down without a fight and looking at the macro... XRP is an outlier. Unless the bankers are planning to FOMO into XRP or some central bank will use Ripple for...

DU09

Bitcoin failed to reclaim the 200 Week Moving Average (dotted line in blue). That can't be good, can it? NOPE. Hence, BTC has continued down ever since with lower lows and lower highs. This is BEARISH. The price is now at a critical level. It may try to reclaim $20k, but if it fails, then the price will likely retest the all-time low this year at $17,622...

DU09

KuCoin Token lost the bullish momentum in mid-August and since then it's been a non-stop downtrend for its price. After being rejected at $11, KCS crashed to the key support at $9.3. Later, it failed to recover and fell back lower to $8.8 which is our current support. If buyers can't stop the downtrend here, then the next key support is at $8.3. The current...

DU09

Momentum has been fading for some days now and Bitcoin is at a critical point. Can it hold on or will it fall under this bearish wedge? Both the price action as well as the indicators give a bearish bias in my opinion and a drop is likely. Buyers would need to come in force to turn this price action around. For now, volatility remains low, but this will likely...

DU09

As expected KuCoin Token has lost the uptrend after some clear bearish signals earlier this week. See below the past idea. Now the price is expected to test the support at $10. If that can't hold sellers, then the next key level is at $9.3. The resistance remains at $11. The daily indicators are quickly turning bearish and MACD is about to do a bearish cross...

DU09

KuCoin Token attempted to move above $11, but failed to break this level. For this reason, the uptrend appears in danger now which has lasted since July. If buyers don't step up soon, then the price could fall to the key support at $9. The momentum is also fading as shown by the indicators. MACD + RSI is showing a bearish divergence. Volume is not great, but...

DU09

Vertcoin is starting to move after finding good support just above 10 cents. With the ETH merge due in a month (15 September). Proof of Work coins may have their own rally, this includes Vertcoin. Why? Because billions worth of mining equipment will point to new coins after September. One of them can be VTC. The price action support this hypothesis and the...

DU09

I hear some SOL wallet providers got their database compromised and lost the private keys to thousands of their users. Hackers were then quick to proceed and liquidate the funds by draining said wallets. Millions lost. Welcome to crypto. As for SOL's price. It took a beating, if it won't hold inside the triangle, it will go to $35, possibly lower. I don't...

DU09

Gold appears ready to break away and enter a new rally toward $2,000. If China invades Taiwan, then a similar price action can follow like February / March when Russia invaded Ukraine. At that time Gold rallied 10%! MACD about to flip bullish on 3-Day timeframe... Looking juicy. Bias is bullish. Like and follow if you liked this idea!

DU09

KuCoin Token is approaching the end of this ascending triangle and we all know what happens then, right? This chart is about to explode one way or another. So long the overall market remains bullish, then KCS has a good chance to challenge the key resistance at $11 and perhaps even move above it. The indicators are a bit flat and don't give a clear signal since...

DU09

Second try a success? 👇 API3 was rejected at first try to break the neckline, another attempt soon. If successful, prepare the rocket ship. 🚀🚀🚀 API3 can easily go to $3 or above. Like and follow if you liked my idea!

DU09

Massive pump 40%, the channel gives a target of around $10 for this pump. Long are favored, bias is bullish on FileCoin. Like and follow if you liked this idea.

DU09

With KCS uptrend in good shape, the price is well on its way towards $11. Should bulls be bold and break that level then the gates will open for KCS to rally hard. Right now the market is giving some bullish vibes with some altcoin pumping over 20% and BTC making higher highs. MACD, RSI and OBV are bullish, so the indicators favor a bullish bias. Volume is not...