crypthal

crypthal Updated 

Toward November 2023 #Solana exploded from ~$20 all the way to ~$210 in March 2024 Using simple Fib #retracement we should have come back to about $115 ... and we did, on August 2024 So we are now in a bullish descending triangle. Best case : Green line, we keep going up over the next 2 or 3 weeks and break out past $170 in the middle of next month. There is...

crypthal Updated 

There is a lot of support around $19.40 and Solana is very fast approaching this target. Bitcoin had a death cross this week, traditionally this means a small pump followed by a strong correction. We are also approaching the end of the death cross pump. Solana is following the pump now, but there is a wall at $19.40 so traders will take profit around that amount...

crypthal Updated 

COTI is getting very close to the absolute bottom and it must bounce off $0.0694 (orange line). If it does not then the next level is $0.0621 (red line) We can see that COTI has been in a down trend for almost a month now, the MACRO has not been good for the market but COTI has been hit especially hard. It has to bounce back. So, in summary, if we break below...

crypthal Updated 

#COTI is in a very nice symmetrical triangle, I would enter now as we seem to have bounced off the bottom. I also expect long term holders to enter now as the end of the Airdrop period nears. Given that a lot of tokens will be locked for ~180 days, I fully expect the token to keep going up. Because of the upcoming airdrop, I am not planning on exiting but I do...

crypthal Updated 

This is a follow up to my previous idea , while the market is looking strong right now we have to remain aware that traders will keep taking proffit. For the next few weeks we could range between support and resistance. The swing could go as high as $32K and as low as $18.5K For the remainder of the year we will definitely be going up ... but we will only be...

crypthal Updated 

Looking a the past bear markets we can make an educated guess as to when this current bear market might end, when the accumulation phase will start and when we might see another recovery, (and maybe even a bull run in the far horizon). Historically the same happened in the previous bear market, (not shown in the chart), but I will use the last 2 for illustration....

crypthal

The RSI is in the middle of a climb so that would indicate a possible continuation to the upside. But this could just be us bouncing onto the top of the wedge. What will happen ... it is not clear yet, we have to wait for a clear signal breaking either on the upside or the downside. Looking at the wedge it seems like we should have a clearer view by Monday ......

crypthal Updated 

Cardano is nearing the end on an ascending triangle in the 4 hours, if the market announcement over the next 24hrs is dovish then we should see a break to the up side. I would buy in any time now and target $0.49 or even $0.506, (maybe 25%/50%) I would have a very tight stop loss around $0.46 in case we break down, (or the market is very bearish).

crypthal Updated 

Given the bear market I expect the price of NEAR to keep going down before a rally. As I see NEAR as a long term investment I will start to DCA DCA 1: $4.87 (25%) DCA 2: $4.50 (50%) And a final hail marry at $1.62 (25%). The bottom target is unlikely to happen, but it is the next level of resistance, (but we have to go far in the past to see it). I do expect...

crypthal Updated 

Traditionally build up to conferences are good for tokens, even in a bear market. NEAR has a good conference coming up, with a lot of strong partners and some expected announcement, the build up to the conference should see some positive price action that should move us to $6 There is currently some resistance at $5.100 but we should break through it in the...

crypthal

There are 3 lines of support ... - The May 2021 lower low (Red) - The February 2022 low (Yellow) - The March fake-out (Green) We broke past the February low toward the May lower low. Why do I feel that the bottom has been reached? - We have had 6 straight weeks of red, I am counting this one as well, (it has not happened for a very long time) - The #RSI is...

crypthal Updated 

We are going to go back down, there is no real doubt about it. First the RSI is way about 60, this will correct Secondly MACD is also about to cross indicating a correction The good news is that we will bounce back up again We will go down to about $3.30 in the next few days and then we should reach new highs again. ANC is nowhere near the ATH, so $5 or $6 is...

crypthal Updated 

Looking at the May correction, it lasted 95 days, meaning that this correction could end toward the middle of Feb after a sideway move from now onward, (green line). Looking at the trend, I fear this could be longer and the drop could carry on until March before we see some kind of tentative recovery, (yellow line). Soooo ... if we go sideway from now on, we...

crypthal Updated 

There is no denying that we are in a downtrend currently, so before we start seeing new green candles, we need to stop the downtrend and start moving back up. Looking at the RSI/MDAC I expect a clearer indication toward Chirstmas, then we will either break the trend or we will continue down. Unfortunately, there is nothing we can do until we have clearer...

crypthal Updated 

Another end of (work) week, another red day on the Bitcoin market. The red market is ridding on sentiments, (more cases being detected of the new variant). As long as we can hold the 52K support line, and we do not get more bad news, we should bounce off next week as we did this week. I bought today as I expect this to be the lower lows for BTC. I also think we...

crypthal Updated 

After the correction that we just saw, it is just a matter of time before we bounce right back up. My entry point is right now $1.69 the RSI is very low the MACD is also very low indicating a promising bounce. The next few hours are important, if BTC can hold the line at $60K then we will see a quick turn around. If the support breaks, the next stop is $52K so...

crypthal

We bounced off the ~59K support level and the RSI is looking good on the 4H chart I am not day trading BTC, but I think now is a good time to buy and hold BTC The recovery will not be magic, it will not be all green candles, but we should be back up/green in about 7 days.

crypthal Updated 

ADA has been moving sideway most of October and it looks to continue that way until the end of the month. RSI is very low with a possible, small, slow reversal It is a real Bitcoin show at the moment and the Altcoins will not move for a while. Entry point 2.07 TP: 2.22