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2022-01-06 15:42:39 FREE TOTAL3 ANALYSIS UPDATE

ABC corrective pattern completed

- Yello, ladies and gentlemen !

TOTAL3 yet again followed our forecast with surgical precision, where we expected a price drop towards the 800B support due to an ABC corrective pattern. And yesterday, TOTAL3 tested the 798B low, where it should form a demand area in the coming days.

Clearly, 800B is a solid psychological level that corresponds to the bottom of the extended ascending channel. Considering that the cryptocurrency market remains bullish in the long run, this is an exciting point for investors to start looking for buying opportunities.

As long as TOTAL3 respects 800B support, the price should continue the uptrend. However, the critical resistance has formed near 980B, where we saw multiple bounced during the past few months. Break above this resistance should be the confirmation of a very bullish market.

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2022-01-04 05:28:51 FREE TOTAL3 ANALYSYS

TOTAL3 bounced off the resistance. What's next

- Yello, ladies and gentlemen !

Based on the previous analysis, we expected TOTAL3 to test the 980B resistance area upon the break above the range. The break to the upside occurred on December 23, and TOTAL3 tested the projected resistance.

There was not enough steam to go above the 980B supply area. Such price action can result in an ABC corrective pattern based on the Elliot Wave analysis. But for another wave down, we need to see a clean break below the demand zone.

In the short term, TOTAL3 remains bearish, although long-term market sentiment is bullish. The question is how deep TOTAL3 can dive before the major uptrend continues.

Summary: TOTAL3 is trading in the supply area, inviting buyers. However, a break below 850B can increase the selling pressure and send the price down to 800B or even 700B psychological support.

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2021-12-31 16:07:32 FREE BTC.D UPDATE

Bitcoin Dominance is about to dive deeper

- Yello, ladies and gentlemen !

BTC.D continues to follow our prediction while re-visiting the bottom of the 40-48% long-term range. The question is, will it dive deeper?

On the 8h chart trend remains bearish as BTC.D is trading within the descending channel. Another bearish factor is that BTC.D broke below the 40.33% support, which has become the minor resistance.

Due to BTC.D trading near the supply area, probability favors further decline to test the next Fibonacci support at 39.54%.

To start considering a bullish scenario, BTC.D must take out the critical supply area formed between 42.00-42.25% as per the 1d and 8h charts.

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2021-12-22 15:56:35 FREE IOTA UPDATE

IOTA continues to respect long-term support

- Yello, ladies and gentlemen !

Bulls are defending the $1.1460 support. There was an attempt to break below, although it only produced a spike below the support, reaching $1.0190 low.

The long-term trend remains bullish as long as we don't see a daily close below $1.0190.

Yesterday, IOTA showed a strong bullish candle on a daily chart, showing that buyers are still under complete control.

In the midterm, range trading is likely to continue, but the overall long-term trend direction is north.

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2021-12-21 06:00:02 FREE TOTAL3 ANALYSYS

TOTAL under selling pressure

- Yello, ladies and gentlemen !

On December 4, TOTAL3 bounced off the 717B support, implying the validity of a long-term uptrend.

However, on a pullback, TOTAL3 failed to break above the 880B resistance, which is needed for the uptrend to continue.

At the same time, minor resistance has been formed at 845B, where we see three consecutive bounces during the past ten days.

To summarise, TOTAL3's short-term downtrend remains intact as long as 880B and 845B resistance are respected. Therefore, a range trading should take place during this week.

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2021-12-18 00:26:41 FREE BTC.D UPDATE

Bitcoin Dominance bounced off the support

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BTC.D has reached and bounced off our support precisely as we predicted.

The key demand area remains near the 40% Bitcoin dominance, respected for three consecutive times.

The last bounce occurred on December 9, after which BTC.D pulled back, reaching 50% Fibonacci resistance at 42%.

Right now, BTC.D is consolidating between the 40% support and 42% resistance. Nonetheless, the primary trend remains bearish, and the probability of a break below 40% remains high.

If/when BTC.D breaks and closes above the 42.25% resistance, it might attempt to go higher. But at this stage, either a range trading or further decline should be expected.

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2021-12-16 05:21:11 FREE MANA ANALYSIS

Decentraland is about to initiate the next BIG wave!

- Yello, ladies and gentlemen !

MANA has been one of the best performing coins during the past few months. In late October, the price jumped by over 700% in just three days, indicating a strong demand for Decentraland.

Based on the logarithmic chart, the price has reached the bottom of the ascending channel, once again creating more demand for long-term investors.

Moreover, since MANA tested the $5.9170 high on November 25, it has retraced exactly to the 88.6% Fibonacci support level at $2.5825. Therefore 88.6% Fibs is now a key demand area. Only the daily break below might change the sentiment from bullish to bearish.

As long as bulls can defend the $2.5825 support, buying pressure will continue to increase. As a result, the next wave will push the price north by another 220% because the nearest strong resistance is at 161.8% Fibonacci retracement level at $8.2020.

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2021-12-09 01:57:29 FREE IOTA ANALYSIS UPDATE

IOTA reached our first resistance with nearly 20% gain!

- Yello, ladies and gentlemen !

Since our original IOTA forecast, the price almost exactly hit our first resistance at $1.6750, 61.8% Fibs. As a result, this was a 20% growth.

Although the price bounced off the resistance, IOTA is now trading within a consolidation zone, between 1.1460 support and 1.6750 resistance.

The 1.1460 support corresponds to 61.8% Fibonacci retracement level, which was respected three times.

Clearly, the current support is a massive demand area that continues to be respected.

Overall, as long as support holds, IOTA remains firmly bullish, and eventually, the price should test 1.9560 resistance, 88.6% Fibs.

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2021-12-07 13:50:31 FREE BTC.D UPDATE

Bitcoin Dominance is approaching key psychological support

- Yello, ladies and gentlemen !

As per our previous analysis, BTC.D continued to drop throughout the past month.

Bitcoin Dominance is currently trading at 41%, near the critical demand area located at 40% psychological number.

Multiple bounces off the 200 Moving Average imply the validity of bearish momentum.

Therefore, the scenario where BTC.D will break below the 40% support holds a high probability.

If/when BTC.D breaks and closes below the psychological support, multiple altcoins will feel very confident against the BTC and USD.

Alternatively, BTC.D should continue to dominate, at least in the short to medium term.

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2021-12-03 13:55:04 FREE BTCUSTLONGS UPDATE

Bitcoin long positions are increasing non-stop!

- Yello ladies and gents !

Since we posted the last update on the BTCUSDTLONGS, the number of buyers has increased consistently.

BTCUSDTLONGS rejected the 88.6% Fibonacci support along with the simple uptrend trendline.

After the bounce off the support, BTCUSDTLONGS went up and broke above the triangle pattern.

All the facts mentioned above strongly favor continuing the BTC/USD long-term uptrend in the coming weeks.

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