I keep hearing about Hex, which describes itself as the first certificate of deposit for the blockchain. Looking at the charts...
On the 4 hour, Hex price action has been respecting several daily and weekly support/resistance levels. And the trend is upward...
Hex is currently breaking through...
Pancake Swap - $CAKE
Technical Analysis and Price Predictions
Pancake Swap is the largest DEX on the Binance Smart Chain, and has been doing more volume than Uniswap lately. The second biggest DeFi project on the Binance blockchain is Venus, which has a lower market cap, and compliments Pancake...
QuickSwap - $QUICK
I've been hearing about QuickSwap for the last few days and decided to not jump into it... it was around $1100 when I heard about it, and then it pumped up to $1800 before retracing back down to the $1500 zone. And before I went to bed, I did a quick...
Opening a Short Position Trade
Market Cipher Pattern Strategy
Using the Market Cipher trading signals and indicators, here is a solid strategy for opening a short position and making profit. Focus on 15m or higher timeframes:
Red Diamond (Bearish)
RSI and Stochastic RSI are going downwards...
Swing Trading Timing Settings
When it comes to charting buy and sell indicators for swing trading, I'm quickly learning the swing time settings (Swing Period and Swing Multiplier) are one of the most important factors to finding the appropriate spreads, based upon intended timeframes. My notes...
SuperFarm - Technical Analysis - $SUPER
SuperFarm has hit $2 in this market dump, which is about as low as I expect it to go. A token unlock is expected in the next few days, but otherwise, this is a great price for a good project:
bZx Protocol - Technical Analysis - $BZRX
BEL is now in the Buy Zone, of $0.70 to $0.80
The 8h chart shows you the setup, and it might go lower and bounce off the trending support line:
A closer look at the 24m chart shows we are deep in the buy zone:
Cardano Technical Analysis - $ADA
Cardano is a large market cap coin that has done extremely well this bull cycle, outperforming many other coins. And there is still more room to grow this cycle. Some analysts I trust expect ADA to reach $4 this cycle, and if things go absolutely parabolic crazy...
Fantom Technical Analysis - $FTM
Fantom has broken through resistance and retested successfully, now presenting a buying opportunity. If it fails to hold the new bullish resistance level, set your stop loss and prepare for a better entry position. And if holds, prepare to take short term profits...
Terra Virtua Kolect Technical Analysis - $TVK
TVK is a currently a small market cap gem, having secured licensing deals with Legendary Pictures and Paramount Studios for future NFT drops. Looking at the 4-hour chart, here you can see where resistance currently is, as we approach a good buying...
Kusama Technical Analysis - $KSM
Kusama is Polkadot's Canary Network, and it's been surging this bull cycle. Looking at the 8-hour chart, here we can see where the resistance is, and where to focus on the upcoming buy zone for a good entry point.
Finxflo is one of multiple liquidity aggregators, which searches across multiple CEXs and DEXs, to help bring the best trade possible. There are many blockchain platforms trying to do this, but what makes FXF different is they are the only solution that requires KYC verification. And while KYC...
Uniswap Technical Analysis - $UNI
Uniswap has broken through resistance, and if it comes back and tests the previous resistance, it will be ready to go!
And zooming out, you can see the target for the next move up, and where to set your sell zone:
Theta - Technical Analysis - $THETA and $TFUEL
We are currently seeing some strong buy signals for getting into $THETA and $TFUEL, charts below:
Theta on the 4-Hour Chart // $THETA
Theta Fuel on the 4-Hour Chart // $TFUEL
Chainlink Technical Analysis - $LINK
Can Chainlink reach a price target of $100 for this cycle high?
This technical analysis video discusses the valuation of Chainlink against USD, BTC, and ETH.
While LINK/USD is currently in a bull market, we can see that the LINK/BTC and LINK/ETH...
Ethernity Chain Technical Analysis $ERN
I've been loading up on $ERN and the charts are looking good!
$ERN on the 1-Hour Chart:
And I always prefer/trust the 4-hour charts more, and it looks good here too.
$ERN on the 4-Hour Chart
When viewing a cryptocurrency on Poloniex, the charts will show candlestick charting patterns as the price changes. What do those candlesticks mean?
Each candle represents the highest and lowest price for that timespan. The thick body is the opening and closing price during that time.