Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s correction has lasted for over a week now, with its value shedding by over 7% after touching record levels around $67,000. However, the king coin, at press time, was in the middle ofContinue reading “Why Bitcoin MUST close above $64,000 in the coming days”

Buoyed by a broader market recovery, Fantom continued its ascent which kick-started on 27 October following a rebound from $2.8. Should FTM make headway towards the neckline of its head and shoulders pattern, further upside lay in wait after a successful breakout. With spot volumes accumulating across exchanges, traders must keep a close eye onContinue reading “Fantom: How to long this inverse head and shoulders pattern”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice As the broader market continued to witness outflows following Bitcoin descent to $59,000, AAVE too followed wider consensus. However, the alt’s sell-off was rather brutal when compared to some of its counterparts. The lastContinue reading “What you should know about where AAVE can cushion its losses”

Ethereum continued its gaining spree during October, extending gains up to nearly 60% since the start of the month. However, a correctional phase was in effect as Bitcoin’s snapped a 12-day low at $58,000. For ETH, onus now fell to near-term support levels of $4K and $3,650. Should bulls falter at these levels, ETH couldContinue reading “What happens if Ethereum weakens below $4,000?”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice As the broader market saw a hefty sell-off post Bitcoin’s retracement below $58k, Ethereum Classic threatened to overturn the bottom trendline which has been active for over 6 months. Should ETC’s defenses fail aroundContinue reading “Ethereum Classic presents a ‘buy the dip’ opportunity at this zone”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink’s price has moved along an upper sloping trendline since late July. While September was harsh for LINK, its price respected the boundaries of the trendline and continued to find support at higher levels.Continue reading “Chainlink: Traders can long within this ‘ideal’ support zone”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Of late, ATOM has reaped the benefits of a risk-on broader market. The altcoin registered a 30% jump over the last three days and finally broke north of its down-channel – A setup thatContinue reading “Cosmos: Traders can long ATOM here before the next upswing”

An air of uncertainty seems to be surrounding XRP at the moment. The alt has maintained within a rising wedge for 6 weeks now as neither side found the strength for a breakout. With momentum slowing down on the MACD and Awesome Oscillator, XRP could continue to consolidate within the pattern before approaching a moreContinue reading “How XRP can progress within its rising wedge”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Shiba Inu seems to have taken the crypto-community by storm. The month of October saw SHIB become a top-15 crypto after recording an astonishing ROI of 550% in just 30 days. On the charts,Continue reading “Shiba Inu: Here’s how long before a correction sets in”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Challenging the upper trendline of a parallel channel at press time, EOS looked to set a rally in motion on the back of an upwards breakout. However, bearish divergences along the RSI and AwesomeContinue reading “EOS: Traders can take advantage of these scenarios by…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Unable to find a clear direction despite Bitcoin’s ascent, Litecoin remained gridlocked within a descending triangle setup. While the pattern normally observes a breakdown, LTC’s outcome is not yet clear. The altcoin was tradingContinue reading “Litecoin’s bulls must take these steps to negate this pattern”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice 2021 has been a phenomenal year for Solana thus far. Its year-to-date ROI stood at a staggering 11,000%, albeit a huge chunk of these gains accumulated during its bull run post July. With healthyContinue reading “Solana needs to pause here before it can climb again”