A lot of hype, hype, and hype. I am not ignoring the value it has. The fact that Binance is #1 exchange says enough but let’s forget about the things that happened in the future and analyze the coin we have today at the price it has today.
To make 100% it has to reach $9 billion market cap and overtake coins like Litecoin or Bitcoin cash. Not saying it is impossible but do the math and let me know the results you get.
To do 5x it has to overtake Ripple and almost Ethereum. Do you think it is possible?
I think this comparison is enough for you to realize where to coin is right now. Yeah, it made an amazing move up but let's just be realistic. It can go up but the potential is very limited.
If I have BNB, I would take risk off and sell at least 50% of coins instantly. At least.
If I do not have BNB, I would not buy it because I do believe the market is not only BNB and that there is a lot of more coins that are still cheap with chances to make 3-5x easily while this potential for BNB is let’s say not likely to happen (don’t like to use word impossible but I think this would be great time to break this rule).
To make 100% it has to reach $9 billion market cap and overtake coins like Litecoin or Bitcoin cash. Not saying it is impossible but do the math and let me know the results you get.
To do 5x it has to overtake Ripple and almost Ethereum. Do you think it is possible?
I think this comparison is enough for you to realize where to coin is right now. Yeah, it made an amazing move up but let's just be realistic. It can go up but the potential is very limited.
If I have BNB, I would take risk off and sell at least 50% of coins instantly. At least.
If I do not have BNB, I would not buy it because I do believe the market is not only BNB and that there is a lot of more coins that are still cheap with chances to make 3-5x easily while this potential for BNB is let’s say not likely to happen (don’t like to use word impossible but I think this would be great time to break this rule).
BNBBTC pair is currently in the middle of the range. If it gets above the upper area, a new all-time high is about to be reached.
The break below the lower area of support can trigger big selloff in the market easily.
I think BNB did its performance and that even if it goes up, the actual return will be very low compared to other potential returns in the market.
Looking fundamentally, the launched fiat deposits, margin exchange, so there is no too much things fundamentally they can do to cause hype to happen again.
The break below the lower area of support can trigger big selloff in the market easily.
I think BNB did its performance and that even if it goes up, the actual return will be very low compared to other potential returns in the market.
Looking fundamentally, the launched fiat deposits, margin exchange, so there is no too much things fundamentally they can do to cause hype to happen again.
The EOSUSD pair is made nice 5x this year. Similar to BNB, it is still holding above trendline so there is nothing bearish here. If we see close below trendline, I would take risk of from this coin and wait to rebuy lower down.
It is very important also horizontal price level that crosses together with trendline at the point where there will be a lot of stop loss orders so I would not buy on that touch at least until we see rejection from those levels.
It is very important also horizontal price level that crosses together with trendline at the point where there will be a lot of stop loss orders so I would not buy on that touch at least until we see rejection from those levels.
EOSBTC H4 time frame shows a clear picture. The area around 0.618 fib level is not only a fib level but daily support an area of interest based on other tools that I keep in background.
If we lose this area and enters below 8000, I do believe further decline will come all the way down to 7000.
The bounce off from 0.618 would trigger move up 8800-9000.
I do not see any clear trade opportunity on EOS right now so if you are not in a need to trade this, I would suggest waiting for some good profitable setup to come up.
If we lose this area and enters below 8000, I do believe further decline will come all the way down to 7000.
The bounce off from 0.618 would trigger move up 8800-9000.
I do not see any clear trade opportunity on EOS right now so if you are not in a need to trade this, I would suggest waiting for some good profitable setup to come up.
ICXBTC was ranging more than half of a year in the marked trading range. Once the support of that range is lost, its equal to Bitcoin losing 6k floor. It will become bullish only if it gets reclaimed.
The first bullish side would be a move above the lower border of that range. That would be potential hope for ICON to go up.
The second sign and main confirmation would be close above upper border that would unleash the potential of this coin.
There is potential but as long as it is above this range, it can stay there forever.
I would and probably will buy small portion if we reenter range and a then bigger portion if ICON breaks above range.
If neither of these two happens, I will not touch it because as I said it can stay there forever.
The first bullish side would be a move above the lower border of that range. That would be potential hope for ICON to go up.
The second sign and main confirmation would be close above upper border that would unleash the potential of this coin.
There is potential but as long as it is above this range, it can stay there forever.
I would and probably will buy small portion if we reenter range and a then bigger portion if ICON breaks above range.
If neither of these two happens, I will not touch it because as I said it can stay there forever.
ICXUSD pair looks even more simple to analyse. The move above 0.50 will be the first sign for this coin. If price doesn’t reclaim that level, God bless ICON holders 🙏
The setup for ICON is very easy as I explained on BTC pair. Move in the range first sign, move above range confirmation and sign to buy more.
The setup for ICON is very easy as I explained on BTC pair. Move in the range first sign, move above range confirmation and sign to buy more.
XRPBTC nice bounce off support and the first target is the area above 500.
The technicals look nice especially because both of the pairs are pointing in the same direction.
So as long USD pair is holding in the mentioned range and this support on BTC pair is holding, upside move is expected.
The technicals look nice but don’t ask me about my opinion about Tron’s project because I do not like the way they are doing their stuff. Better to keep on this because I could say a lot of bad things about TRON 🤷♂️🤭
The technicals look nice especially because both of the pairs are pointing in the same direction.
So as long USD pair is holding in the mentioned range and this support on BTC pair is holding, upside move is expected.
The technicals look nice but don’t ask me about my opinion about Tron’s project because I do not like the way they are doing their stuff. Better to keep on this because I could say a lot of bad things about TRON 🤷♂️🤭
ADABTC was looking amazing. It broke from trading range, the odds were amazing but the it dropped back to range which is huge bearish sign and if we drop below this trading range and lose support, ADA holders are in big problem.
So buy scenarion makes sense only if we get above trading range again. As long as we are in trading range we have clear possibility of seeing breakdown which would be terrible for this coin.
Wait for move above the range to look for buy ADA.
So buy scenarion makes sense only if we get above trading range again. As long as we are in trading range we have clear possibility of seeing breakdown which would be terrible for this coin.
Wait for move above the range to look for buy ADA.
3 hours of charting 😁
A lot of charts shared tonight in this #TechnicalEvening. I hope was helpful for you. I tried to give my honest opinion without guessing too much, sharing only what I see.
One more time, this channel is about to explode with the amount of quality content. I hope you are ready 😊.
Our paid group is close but we will reopen it in the near future after new features are updated. If you want to reserve your spot, message me @CryptoSignalsAdmin.
A lot of charts shared tonight in this #TechnicalEvening. I hope was helpful for you. I tried to give my honest opinion without guessing too much, sharing only what I see.
One more time, this channel is about to explode with the amount of quality content. I hope you are ready 😊.
Our paid group is close but we will reopen it in the near future after new features are updated. If you want to reserve your spot, message me @CryptoSignalsAdmin.
Let me know your opinion about our first #TechnicalEvening. I appreciate all your feedback 🙏
And for the end, here is small peak of our paid channel. We missed BTC short entry because we were waiting for BTC to test $8200 where we would get great risk reward for our setup.
As it didn’t happen, we missed BTC but didn’t miss ETHUSD that was reached short area perfectly and dropped instantly.
As it didn’t happen, we missed BTC but didn’t miss ETHUSD that was reached short area perfectly and dropped instantly.