Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum has been within a respectable uptrend over the past couple of months. Presently trading above the 100% Fibonacci Level of its July low, ETH seems to be targeting some crucial milestones at $5,000, $6,000,Continue reading “Ethereum is due a correction, but will it have to wait”
Latest Articles from Saif Naqvi
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Solana has capped an excellent week of trade after registering an ROI of 18% – The second-highest gainer among the top-10 coins by market cap. On the charts, SOL has embarked on a steadyContinue reading “Solana’s corrections present ‘ideal’ opportunity to go long over here”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Shiba Inu was left troubled after a symmetrical triangle breakdown halted its progress towards its previous target of $0.000012568. Although the last couple of days have resulted in a 50% surge, some of itsContinue reading “Shiba Inu: Another 100% surge is possible only if…”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s trajectory heading into November has certainly fallen short of expectations so far. While Bitcoin went north of $66k in late October, the past couple of weeks have not bared much fruit for theContinue reading “Is Bitcoin back to $56,000 a real threat”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Following a 4-week long down-channel that lasted between September to October, Avalanche continued to hunt aggressively for newer price levels in November. The past week has now accounted for two rallies, with a newContinue reading “What next for AVAX before hitting the $100-mark”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Meta-verse altcoin MANA has taken a step back since its explosive 500% surge towards the end of October. Over the past week, MANA has shed 24% of its value, trading between the 61.8%, 50%,Continue reading “Decentraland: MANA to extend falling wedge before a breakout”
Dogecoin was cooling off from a two and a half month high at $0.340, following a 24% surge observed over the past week. With the RSI still trading above its bottom trendline, DOGE’s long term outlook was still favorable. However, its near-term trajectory was questionable after the price threatened to close below its 20-SMA (red).Continue reading “Looking into Dogecoin’s near-term trajectory, before another spike”
Bitcoin Cash presented a symmetrical triangle on its chart and awaited a massive breakout. However, the alt maintained a neutral bias as per its RSI and MACD, so a swing was possible in either direction. At the time of writing, BCH traded at $594, up by 1.4% over the last 24 hours. Bitcoin Cash 4-hourContinue reading “Bitcoin Cash traders must watch out for these key levels”
Litecoin presents chances a 15% jump following an ascending triangle setup on its chart. The RSI, MACD and DMI underpin LTC’s ascent and present no correctional threats moving forward. Should LTC register a decisive close above $205, September’s local high of $224 could be its next destination. At the time of writing, LTC traded atContinue reading “Litecoin flashes chances of a 15% surge thanks to this ascending triangle”
Decentraland’s native token MANA took shape within a bull pennant and projected a massive surge from the pattern. Possibly buoyed by Facebook’s rebranding to “Meta,” Ethereum-based MANA allows users to buy virtual plots of land, who then have the freedom to monetize the plots as they see fit. On the charts, MANA embarked on aContinue reading “MANA to the moon; bull pennant presents massive breakout opportunity”
Gaming tokens such as Axie Infinity’s AXS and Enjin Coin have registered phenomenal hikes recently as investors have fancied the burgeoning popularity of NFT’s. In fact, AXS sits as the highest gainer of 2021 so far, with a flabbergasting year-to-date surge of 23,554%. As crypto enthusiasts continue to ride the NFT bandwagon, The Sandbox hasContinue reading “The Sandbox: SAND could rise to $4 before correction sets in”
Polkadot’s rising wedge was coming to a conclusion following tepid price action over the past two weeks. With bearish divergences spotted on the RSI along with unfavorable readings on the MACD, DOT stared at the barrel of a 30% sell-off towards the $28.5 mark. To change the tide, bulls would need to carry DOT’s 24-hourContinue reading “Polkadot needs assurance on these counts before making a new ATH”