DragonCaoB

DragonCaoB Updated 

Dear my friends, It's time to board the SXP train again. The downtrend has been broken, with a series of green candles on the weekly chart. The target is to break the $1 USDT zone, and from there, we’ll go far together! The RSI is entering the overbought zone with a stable upward trend on the weekly timeframe. Here’s another coin with a robust decentralized...

DragonCaoB

Dear my friends, The market last week was really volatile on smaller time frames. Leveraged traders have liquidated most of their accumulated assets. Then, the market continued to be drenched in red at the beginning of the week. However, is there really a need to worry that much? Let's look at the weekly chart. We have seen BTC, the king, show its absolute...

DragonCaoB Updated 

Dear my friends, After closing the XRP trade to wait for the next opportunity, I continued searching for coins with favorable entry positions. My attention turned to SYS, a coin I previously shared, where many of you hit target 1. I'm still waiting for a chance to enter for the next target. This time, everything seems clearer. First, the volume is significantly...

DragonCaoB Updated 

Dear My friends, I may have overlooked DOT. Watching BTC's strong growth in recent days, alongside the major coins soaring, I’m reminded of XRP from my previous analysis—it has broken out and is on the rise. As I continued to evaluate other coins, I noticed DOT in comparison to BTC. I discovered a divergence between the price and the RSI indicator on the weekly...

DragonCaoB Updated 

Dear my friends, What is happening to us? When new money flows into the market, what is its purpose? Does your company have more money, so it can grow or will it go backwards? Do you have more money so you can comfortably spend more or do you have to tighten your belt? I look at the market and I don't analyze the charts at this stage. I just want you to understand...

DragonCaoB Updated 

My friend, as I mentioned earlier, the market is overbought and greed has escalated, so be cautious. I believe the market will undergo a correction, and I have discussed the rotation of capital flows. Why do I think that will happen? Because I am observing the market on a weekly timeframe. It's clear that the weekly candlestick close has confirmed the breaking of...

DragonCaoB Updated 

Dear my friends, The market is currently a sea of red, with the prices of most coins in sharp decline. Recently, I’ve been focused on Ripple’s chart. At the end of September, I observed its total market cap breaking out of a downtrend. However, the price drop caused the market cap to snap back into the triangle it had just exited. Some might say this is a false...

DragonCaoB

My friends, I continue to search for another coin that has yet to show significant movement amidst a market filled with optimism for investors, especially with the explosive growth of XRP. I am looking for a coin tied to the decentralized finance (DeFi) sector. With these two criteria in mind, Alpha has caught my attention. What drew me to this coin wasn’t a...

DragonCaoB

Hello My friends, In July, I discussed the XRP and BTC pair, specifically mentioning that XRP would regain an advantage over BTC after observing XRP breaking out of its downtrend relative to BTC. And as you can see, it has risen. At present, we are seeing a correction; however, the breakout has already occurred, so the upward trend for XRP is expected to remain...

DragonCaoB Updated 

Dear my friends, Recently, I've been hearing a lot about Ethereum ETFs. Everyone is anticipating a breakthrough price increase similar to the Bitcoin ETF. In my personal opinion, this event is not a significant enough catalyst for market growth. There may be some capital inflow, but it won't be as substantial as we might think. Personally, I believe that news to...

DragonCaoB Updated 

Dear my friends, The market has too much confusing information. However, when I look at the weekly window, nothing has changed. BTC.D is retesting the support line on the weekly frame that it was previously broken. What I see is that the downtrend of BTC.D will continue and will go down quickly. On Altcoin's weekly chart, the uptrend is still unchanged. Looking at...

DragonCaoB Updated 

Dear my friends, Perhaps TLM is not a strange coin for gamers. If you only look at it on a small time frame, it has indeed fluctuated and increased in price quite a lot. But really, when I look at the weekly chart of this coin, I realize that it is still very low compared to its value. You just need to look at the volume of the previous week. Personally, I think...

DragonCaoB Updated 

Dear my friends, Yesterday I analyzed BNB's position against BTC. Today I also send to my friends an analysis of the price correlation of LTC compared to BTC. But before talking about price, please observe the volume of LTC compared to BTC. Is it gradually shrinking and waiting for a chance to break out? Now let's observe the price to find this opportunity. First...

DragonCaoB Updated 

Dear my friends, A few weeks ago VRA broke the downtrend. Currently, the price action is doing a retest. Current support zone 0.068 and support zone 0.051. After observing more Ichimoku clouds, my personal opinion is to combine the current support area and the previous pinbar. I will enter 70% of the orders at the current price. To prevent the price from returning...

DragonCaoB Updated 

Dear my friends, QTUM has broken the downtrend and is recharging. Price is above the support zone. A cumulative set of candles with a series of wicks. The possibility of an explosion in the last days of the year is very strong. Looking at the monthly frame, this is even more evident when observing RSI. Not much to wonder about here. So I placed an order and...

DragonCaoB

Dear my friends, I took a stroll through the market and searched for some altcoins in smaller time frames, and I found one with a very nice chart. It's FRONT! This coin has experienced a significant price surge and then underwent a steep sell-off at a much faster pace than its ascent. However, looking at the 1-hour chart now, we are in a very promising position....

DragonCaoB Updated 

Dear my friends, I bought REEF once at the price range of 0.0022 and waited for a break out. But it didn't do that. I'm still holding it. And today when observing REEF, I decided to enter another order and wait for it to x3 from the current price. The reason is that it actually broke out, above the price line and also above the RSI. I'll wait and continue my DCA...

DragonCaoB Updated 

Dear my friends, With Celo, I am seeing one of the nicest buy setups appear on the weekly chart. When you look at the chart, you can see very clearly, the price on the weekly frame has just escaped the downtrend since October 25, 2021. And more specifically, last week's 2 candles formed a special Inside bar - pinbar setup to confirm the reversal and break the...