Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Since early September, Tezos’s price has progressed steadily on the chart. The creation of three higher peaks and higher lows identified a healthy uptrend as XTZ  ascended to fresh levels in October. At pressContinue reading “Tezos: How this symmetrical triangle could kickstart a rally”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Shiba Inu found itself in troubled waters as investors locked in their gains following a near 330% surge in value. Over the last 24 hours, SHIB retraced by 15% and broke below two crucialContinue reading “Shiba Inu’s price action will go this way thanks to these signals”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice There are a lot of reasons to be bullish on Ethereum. Currently trading at a 45% premium when compared to its September lows, the altcoin leader witnessed an organic rally after rebounding from itsContinue reading “Ethereum: Could this pattern trigger a new ATH by October-end”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Litecoin’s near-term outlook seemed favorable as the alt closed in on an ascending triangle breakout. A northbound RSI, bullish crossover on the Directional Movement Index, and an uptick in 24-hour trading volumes backed suchContinue reading “Litecoin: How traders can capitalize on this ‘ideal’ buy entry”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink’s recovery over the past month has been consistent with most of its peers in the altcoin market. The digital asset, at press time, was trading at a 35% premium when compared to itsContinue reading “Chainlink eyes key breakout amidst near-term tailwinds”

Over the last few months, the king coin’s movement has come under much deliberation. A recovery from late July lows identified the end of a bear cycle but a series of flash crashes during September allowed FUD to settle in the market once again. Bitcoin was quick to shrug past these uncertainties after witnessing aContinue reading “Why a near-term retracement would be healthy for Bitcoin over the long-run”

A series of lower highs and higher lows identified a symmetrical triangle for MATIC. This setup translated to a possible breakout scenario moving forward. At the time of writing, MATIC traded at $1.35, up by 3.4% over the last 24 hours. MATIC 4-hour Chart MATIC’s lower highs at $1.50 and $1.44 combined with higher lowsContinue reading “How this symmetrical triangle set-up could play out for MATIC”

Dogecoin was licking its wounds after a 9% drawdown from a bearish setup on its chart. The last few days accounted for some gains as DOGE rebounded from a strong zone and flipped its 4-hour 20-SMA (red) to bullish. A move above  the confluence of the 50-SMA (yellow) and resistance barrier of $0.2340 could setContinue reading “What to expect from Dogecoin’s near-term price action”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice EOS was rediscovering bullish momentum after its price reset within a strong demand zone. With price volatility lowering after a near 16% drawdown, EOS can be expected to shuffle between its short-term Simple MovingContinue reading “EOS: A 9% run-up could follow after these developments”

Ethereum Classic was primed for further downside after breaking south from a parallel channel. A close below the daily 20-SMA (red) could extend another 15% sell-off if no pushback is offered at $48.2. The outlook was backed by a weak reading on the RSI and a bearish DMI which showed no signs of reversing trajectory.Continue reading “Ethereum Classic: Traders can capitalize on this shorting opportunity”

Polkadot was witnessing a steady uptrend after forming three consecutive higher highs and higher lows. A bounce back from the 200-SMA (green) now projected a fresh high above $38.6 before the next wave of correction hits the market. If DOT is able to muster up strong volumes as it approaches the 78.6% Fibonacci level, aContinue reading “A steady uptrend, along with strong volumes, can push Polkadot to this level”

Shiba Inu was gearing up for a run up to its ATH of $0.0000350, with its price movement taking shape within a symmetrical triangle. However, there were some tailwinds present in the near-term in the form a weakening RSI and MACD. Bulls had to ensure SHIB trades above $0.00002757 in order to flush out sellingContinue reading “Shiba Inu could see 40% hike if these conditions are met”