Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Every market is a huge tug-of-war game between fear and greed. The lines on a chart help simplify this game and help understand where the troops of each camp are concentrated, where their forts areContinue reading “For Bitcoin and ‘fearful’ market participants, the only direction will be…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin climbed above the $42.8k-level, and at the time of writing, was trading at $43.5k. Over the past week, Bitcoin has been rejected at $46k but it has also found some demand at the $41.8k-$42kContinue reading “A sharp bounce for NEAR is well and good, but where’s the demand”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Over the past week, the trend for Fantom, which had been strongly bullish, shifted to a bearish bias as it fell from $2.4 to $1.81. The winds now appear to have changed once again, thisContinue reading “The ifs and buts of Fantom’s near-term price action”

One of the leaders of the privacy coin sector, the price of Monero has taken a beating on the charts. A few months ago, Kraken had to delist Monero due to regulatory compliance reasons in the UK. News such as these could deflate investor confidence in the coin. At the time of writing, the coinContinue reading “Monero was trading at a take-profit level; can bulls push the price past this area of supply”

EOS has been in a downtrend since mid-September, interspersed with periods of ranging price action. In the past couple of weeks, the price has seen a strong bounce from the $1.99 lows, to reach a level of resistance at $2.69. Although it was an impressive run of 36% in a period of a little moreContinue reading “Will recent gains of EOS translate into a change in trend going forward”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice VeChain has been bullish on the charts in the past week. The near-term outlook continued to lean toward the bullish side as the market structure for the token remained bullish on the lower timeframes. However,Continue reading “This level needs to be flipped for VET to have steady demand behind its rally”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Polygon’s native token MATIC registered strong gains in the past week when it climbed from $1.49 to $2.1, before getting rejected at a long-term resistance level. Polygon has had some positive news surrounding it inContinue reading “With selling pressure on BTC, will MATIC break past $2 in February”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Binance Coin stands at the forefront of exchange tokens, at least in terms of market capitalization. As an exchange, Binance is also considered to be a leader in its support for innovation. In December, BinanceContinue reading “Binance Coin reaches an area of supply, but will the downtrend make itself…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In a recent interview, Vitalik Buterin spoke about the various elements of the Ethereum roadmap and talked about how the hard fork EIP-1599 upgrade is already accelerating transaction speeds. However, the Ethereum network continues toContinue reading “This level remains key despite Ethereum’s recent bullishness”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Gala has performed extremely well across the markets over the past week. It found some support around the $0.181-level and, in the past five days, has registered gains of close to a 100%. This isContinue reading “GALA could be forced to move in this direction going forward”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Waves has been on an uptrend over the past week, firmly flipping its near-term market structure to lean bullish. The price was again at a support level and could see demand step in to driveContinue reading “WAVES is at a crossroads; watch these levels over the next few days”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The recent bullish momentum behind Bitcoin has been magnified for Shiba Inu, which has picked itself up from a support level and gained around 60% within a week, before facing selling pressure. At press time,Continue reading “Shiba Inu on its way back to support, demand could see another leg upward”