FITFI is one of the higher marketcap & volume tokens following the Move2Earn trend. Had quite a high allocated IDO on MakerDAO which is the top returning LaunchPad over time. Due to the above, I was very confident on $FITFI from the onset, as I trust the due diligence of the MakerDAO team. A good resource to verify the above is coinrank.io Looking at price; after...
Currently up about ~75% from the lows while the majority of the market is back to it's lows, DAO Maker is a stand out token in a sea of red over the last 30 days. Creation of higher lows suggest that there is quite a bit of strength in this trend, and when looking at the underlying utility of this token, it also suggests that an increased buying could be due to a...
Video Analysis of GMT & GST from a purely technical view. Overview of previous and recent price action along with what Ill be looking for in the next trade. Points not mentioned in the video: The GST price action || Blow off top, strong sell volume, & retrace to last level doesn't suggest strength to me, but rather a natural pull back after an impulse move. I...
I really don't like posting micro-caps, however, I believe $MOOV will provide substantial yield in the short term due to the following: Reasons being: 1. Move2Earn trend. I expect this to play out similarly to the "metaverse" shitcoin trend. eg. a great bunch of tokens pop up promising XYZ without a working product and people will buy due to speculation of...
Today we had the highest volume hourly bearish candles on BTC for the year, taking the rest of the market with it (except for a few --> ( ) Because this is a zero-sum market, short term traders will no doubt still be buying the dip if not already in shorts. The best short opportunities would have been from tokens that had the highest 24hr price gains, most which...
This list is inclusive of tokens that were already listed before 12/31/2021, and also have above 100m Market Cap. First on the list: $WXT Wirex - Banking token? Got a whole lot going on here so wont go in depth, but whatever the ponzimonics are, its working. $MXC - Proof-of-Participation Supernodes might be super bullish? maybe tokenomics w/ top 3 holders only...
Move2Earn is gaining popularity w/ more projects similar to Stepn popping out the woodworks. However, the overall market itself has not recovered and its honestly a sellers market. He who sells first, sells best. Regardless, GMT has been performing relatively well and is currently in an accumulation or distribution phase currently. Naturally, It would be easy to...
Everyone's favorite Airdrop/DAO/NFT/Web3 functionality ENS has been catching a decent bid amid current market conditions. Up about 90% from the lows while the majority of the market is back to their lows, I'd say ENS is doing pretty well. From a point of value/ R:R, and also based on popularity, utility + sustainable future, ENS is in a great place currently at...
Shown are key levels for AVAX. Currently, there is a long term trend line supporting price, which is being tested and rejected; confirmation of this rejection will be after the daily close. Looking at the price action YTD, we can conclude that we are seeing an ascending triangle pattern with equal highs and higher lows. A general accumulation pattern which ...
Since the last post, price has since broken back into the trend and rejected the trendline - from there price broke an area of strong resistance. The 2nd entry will be on the retest of this broken zone. Once price settles and continues above this zone, there will be 2 decent zones of support protecting initial entries. The next zone will be at the 100% line. **A...
Megaphone Pattern. Diagonal resistance and an obvious change in momentum. Looks like a short opportunity simply by looking at it. Stop above weekly highs and trendline. R:R seems fine. Previous analysis linked.
NFA - Charting to begin testing a theory. Red to Red// 38% fib zone to -27% reversed Fib. ++M's and W's holding strong s/r zones +curved TL +macro outlook on soybased food //commodities v USD
Fourth times the charm ay? Three previous rejections from an easy to spot demand zone. Hard to think of shorting with current price action. Better to follow the herd. Flag pattern on a wider view. Short term W pattern seems to be forming with the center of this range being the nose - and strongest area of resistance.
No clue how I found this chart, however, with looming concerns on various market, political and world disaster fronts - commodities, specifically OIL has been a major topic. I still have to do some research on what this fund actually represents, however, I know for a fact it is at a key price point technically. TECHNICALS Widening downward cone At...
I can get into the fundamentals etc. however Ill keep it as simple as I see it on the chart. There is an uptrend with higher lows and equal highs; which equals only one thing - impeding break upwards. Prev. analysis linked.
All fundamental analysis aside. When looking at the dollar index from a technical POV, we see the dollar has been in a multi-year range bound market. Currently, price is at the top of this range, after having a relatively strong run up to this point given the current economic climate. Naturally, it would be ideal to look for shorts at this area, due to it being...
Matic has been quiet since its December top, having multiple lower highs, however it has had a constant price floor for 9 months; price is now back at this level, so the common sense thing IMO would be to buy at and around this level until price breaks and close below to flip the S/R. Other technicals: 1.Clear demand zone 2.Point of Control (POC) on the leg up...
After a strong run up, price has retraced and settled on strong support around a psychological support and also the POC @ $0.10. There has since been a short term trendline which is now being broken - once this current 4H candle closes, then a break in trend will be confirmed. You can guess what happens from here if the rest of the market, more specifically BTC...