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Crypto

FIL Still Trading Near All Time Lows

$FIL has been trading near all time lows between the white trendline and orange resistance zone. FIL could have a lot of upside after forming a bullish breakout from the orange resistance zone. I think FIL lacks fundamentals and is unlikely to return back to previous all time highs. However, FIL is still cheap while […]Read More

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Crypto

April 2 Ethereum Update – ETH Drops from the Light Blue Resistance Zone

Last night $ETH also dropped from the light blue resistance zone after numerous failed attempts to break out of this zone. I think There is support in the green zone below, but I think ETH is forming a short-term rebound at current price levels. I would give it some time to see if this turns […]Read More

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Crypto

April 2 Bitcoin Update – BTC Lost Support Last Night

Last night $BTC had a quick and steep decline after losing support within the red zone. $BTC is forming a rebound above the white trendline. I think this could turn into a dead cat bounce, and there is risk of further decline to between $62.5k to $63k. The price action has been trading between $60k […]Read More

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Crypto

April 1 Ethereum Update – ETH Continues Trading in the Light Blue Resistance Zones

$ETH also had an impressive Q1 and March monthly candle close. ETH has not reached previous $4.8k all time highs yet, and still has some room to climb up. I think ETH is facing a lot of resistance in the light blue resistance zone, and I would monitor for a break above $3,653 for ETH […]Read More

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Crypto

April 1 Bitcoin Update – Bullish Q1 and March Monthly Candle Close

$BTC had a bullish close Q1 and March monthly candle close that was above the previous all time high at $69k. April should be a tricky month, I think Bitcoin has been overbought for quite some time now. There have been 7 consecutive green monthly candles, and in Bitcoin’s history there has never been 8 […]Read More

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Crypto

March 30 Ethereum Update – ETH Holding the $3,512 Support Level

$ETH has been showing a lot of weakness over the past few trading days with several dips below the $3,512 support level. The price is still holding above $3,512 but I think BTC is starting to outperform ETH here. The light blue zone is a key resistance level to monitor to see if ETH can […]Read More

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Crypto

March 30 BTC Update – BTC Holding Strong Above the Red Zone

$BTC has been trading within and above the red zone over the weekend, and this red zone has been acting as support. The price action has been somewhat boring, but I think BTC is holding up pretty well here. April is a very bullish month for the markets, and it will be important to see […]Read More

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Crypto

FET, OCEAN & AGIX Token Merger: A Transformative Move in the Blockchain AI Sector

In an unprecedented move that’s set to reshape the landscape of the decentralized artificial intelligence (AI) sector, SingularityNET, Fetch.ai, and Ocean Protocol are reportedly discussing a groundbreaking merger. This merger would unify their tokens into a single Artificial Superintelligence (ASI) token, potentially creating a new powerhouse with a market capitalization of around $7.5 billion at […]Read More

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Crypto

March 29 Ethereum Update – ETH Retests the Lows of the Light Blue Zone

$ETH has retested the lows of the light blue zone, and continues to face resistance within this zone. I think there is support forming around $3,512, which I discussed as a key support level that needs to hold for ETH. With a rebound off these lows I think ETH is likely to trend up over […]Read More

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Crypto

Crypto Market Sells Off From Iran’s Attack on Israel

Yesterday I discussed how Bitcoin is likely to have a failed bounce and dip lower. That scenario has played out, Bitcoin briefly rebounded but is continuing to trend down lower to the bottom of the yellow channel. I have $62.2k as a key support level here, I think Bitcoin could form a rebound over the […]Read More

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Crypto

Crypto Weekend Updates

GM future crypto billionaires. BTC is still trading near the yellow trendline around $65.7k. BTC is currently under the trendline and is still trying to build support here. I would give it some time for now. The Altcoin market has been holding strong after a bullish breakout. The buy volume has calmed down a bit, […]Read More

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Crypto

Altcoin Market Attempting a Bullish Retest

The Altcoin market cap has broken out of a bullish cup and handle pattern, and is currently retesting the resistance level. I would monitor for a bullish retest of the resistance level, flipping resistance into support here. I think we are likely to see a red day today, and the bullish retest could take a […]Read More

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