After a dramatic pump NuCypher has pulled back on price and has been moving sideways cooling off really starting to squeeze between a support of $1.08 and a resistance of $1.18. May be forming a new price floor after its pump. Most of the buying and selling after the pump as occurred at $1.44 which is a point of control (POC). NuCypher seems to be holding well...
Internet Computer (ICP) has really been squeezing in between $42.00 - $50.00 for the past month. Not much volatility has been happening with ICP it's just been moving sideways for most of October. It has not been up to pace with most of the market this month. When coins are moving like this these are the ones I like to keep an eye on. The majority of the trading...
AAVE is the biggest DeFi lending protocol in cryptocurrency with $16 Billion total value locked ( TVL ) and has been moving a little sideways since September 20th from $260 - $315. We've been trading under the point of control (POC) at roughly $360 -$386 were the majority of buying and selling for AAVE has occurred since January earlier this year. Still a nice...
Cheers to everybody in Bitcoin and in cryptocurrency! Very exciting times to be in this space. It's always great to know that pretty much everybody in Bitcoin is profitable whenever Bitcoin reaches new all time highs! Ideally we want to hold the $60,000 level for Bitcoin but dropping below $60,000 is always a strong possibility. I believe the first real major...
Kusama has been slowly marinating about to cook up. With Polkadot (DOT) trending towards all time highs Kusama will most likely follow in the weeks to come. Kusama has been moving sideways squeezing between $315 - $350 since September 21st and now fighting to bust pass the $370 resistance area . A run up back to the $400 point of control (POC) area will be more...
Avalanche has been in a downtrend now currently oversold on the daily coming off of recently new all time highs. AVAX looks like its been cooling off. Its about to test the low end of this ascending channel. We'll see if this channel holds. Currently trading under point of control. AVAX is still going to be a strong cryptocurrency this cycle. The Avalanche...
If you got in on Shiba Inu before the epic pump cheers! Don't forgot to take some profits after a parabolic explosion in price in under a week. It looks like on shorter time frames we're forming a descending triangle forming on the hourly. Flat support line and slanted resistance. Tread very cautiously we're very very heated on Shiba Inu. We need to breakout of...
Ethereum is looking to make some nice gains for the month of October. Fundamentally Ethereum has never been stronger and we've finally broken out of our downtrend we were in all of September! A retest back down to the lower $3000 isn't outside the realm of possibility.
Avalanche has been on a rampage and has held up very well since July 21st. Avalanche is currently in price discovery and it has the potential to hit $90 in the coming weeks with the trend it's currently been on. The Fibonacci level of 1.618 is the next destination for price at around $91. Current Support Zone: $61-$64 Current Resistance: $72.75
I know say what you want about Shiba Inu. It’s just another Dogecoin clone, there’s no value, it’s a meme token, or it’s a shitcoin. However, I can’t help but notice how Shiba Inu just looks like at some point in the future there’s going to be another parabolic price spike followed by a enormous retrace. Shiba Inu’s chart almost seems like a spontaneous...
If Bitcoin ain't happy nobody happy. We have a nice wick touching the .382 at around $42,500. Another re-test of this area is crucial after we wicked down here during the September 7th liquidation crash. Looking for a bounce and to hold above $40,000. If we cant hold above $40,000 - $42,000 with the negative momentum then $37,000 is are next area of support....
Bitcoin is definitely going for a retest of the 0.5 Fibonacci Level. We need to hold above $46,880. In a downtrend on the 4 hour and oversold.
Ethereum is looking like it want's to hit new all time highs in the weeks to come. It is holding strong and has been forming high lows and higher support levels! Fundamentally the potential of Ethereum is still mind bending especially considering the fact that now Ethereum is burned everyday on its way to becoming a "scarce" crypto asset. Ethereum is the future...
My first recorded video. Bitcoin fundamentally and technically is looking healthy. This recent crash is not a bearish reversal trend. Holding support above the 200 Moving Average is critical! El Salvador bought the dip! First time in history any country has publicly announced accumulating in on cryptocurrency when the strength of the market is weakened. There is...
Ethereum is going bananas. There's not much resistance at these levels but the strength indicators are getting very very heated. A retest of roughly $4,400 is likely underway and there maybe some resistance we'll see. We still need to break past $4,000 first. If we break past $4,000 and run past $4,400 we will enter a new price discovery phase for Ethereum. Still...
VeChain is a pumper. It was one of the altcoins to experience a very heavy loss in May officially going from $0.28 cents to bottoming out at $0.05 cents in July. An eye watering 80% loss from its all time high. As of right now VeChain has been trading sideways from $0.11 cents to $0.14 for the past 3-4 weeks. Currently we're oversold on the daily stochastic RSI...
Altcoin season phase 2 is here! Many people say September is historically a corrective month for cryptocurrency but this September looks like it's gearing up for some major positive price action as well as new all time highs for some Altcoins. The Graph (GRT) will be an Altcoin to pop off in the coming weeks. Of course that's if our beloved Bitcoin behaves and...
Looks like we're sailing towards some price appreciation in the days to come. Blue chip DeFi projects such as Compound Finance will perform well throughout this year. Decentralized lending protocols play such a vital function in DeFi.. We're oversold on the daily Stochastic RSI and about to bullishly diverge on the MACD. I'm liking how COMPs chart is looking...