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The latest Messages
2023-04-22 07:38:40
#BTC/USDT ANALYSIS
BTC broke down the horizontal support and extended its correction. Currently, it is holding above the local support, and if bulls regain momentum from here and break out the horizontal resistance then that would be the bullish confirmation.
In case of further retracement, the correction is expected to end at the level of 200% fib extension, which is also a previous strong horizontal support.
33 views04:38
2023-04-22 06:41:02
With many traders #FOMO'ing in #Bitcoin above $30k and #Ethereum above $2k this past week, loss transactions have mounted as markets pulled back. Since Thursday, traders are moving coins below prices they obtained them at 3 times as often as above.
42 views03:41
2023-04-21 22:02:50
#ALTS MARKET CAP ANALYSIS
Alts market is currently coming to test the major descending trendline, where MA 50 is also acting as a support. Ichimoku Cloud is showing a bullish trend.
Now, it is coming down to grab the downward liquidity and a strong bounce is expected after an effective retest above the major trendline.
83 views19:02
2023-04-21 14:37:18
#BNB/USDT ANALYSIS
BNB again got rejected from the S/R level. It is trading above the Ichimoku cloud and MA 200. As it has done multiple attempts to break out the S/R level, so an effective breakout of the S/R level would be a huge bullish sign.
109 views11:37
2023-04-21 08:47:38
#BTC/USDT ANALYSIS
BTC pumped hard after the breakout of the symmetrical triangle, and now it is trading above the symmetrical triangle and hunting all the downside liquidity.
It might bounce from here or after trapping more positions from the marked triangle between trendlines, or there is also solid support around $27750.
122 views05:47
2023-04-21 06:34:28
Binance Will Support the Zilliqa (ZIL) Network Upgrade & Hard Fork
116 views03:34
2023-04-20 21:58:31
#TOTAL MARKET CAP ANALYSIS
The total market cap is currently retesting above the neckline of the Adam & Eve pattern after a successful breakout. MA 200 is determining a bullish trend.
A successful retest above the neckline would be the confirmation of the continuation of the bullish rally. If the retest is unsuccessful, the price will capture liquidity below the horizontal support and bounce after testing the MA 200.
142 views18:58
2023-04-20 16:06:24
#GALA/USDT ANALYSIS
GALA is currently retesting above the symmetrical triangle after a good volume breakout. Ichimoku Cloud and the MA 200 are also acting as support. A bullish move is expected for however long it is trading above the symmetrical triangle.
163 views13:06
2023-04-20 14:43:51
ICYMI: At the current NUPL value of 0.36, the market is at a very neutral level, with 55.8% of days recording a higher reading, and thus 44.2% being lower.
This is coincident with past cycles where a transition between a bear and bull markets have taken place. It also suggests that the market is neither heavily discounted (like it was at $16k), nor heavily overvalued (like at the $60k+ peak).
139 views11:43
2023-04-20 08:45:33
#BTC/USDT ANALYSIS
BTC is retesting above the ascending triangle support. A successful retest would bring bullish momentum back into the market.
In case of a failed retest, it might grab further liquidity below the horizontal support and bounce from the trendline support of the ascending triangle.
136 views05:45
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