Shiba Inu (SHIB) hits the watchlist as a potential short-term swing opportunities form. Will the bulls take back control on SHIB or is this another short opportunity? [Read More...]
Crypto Watch: Upside Trendline Break in Solana (SOL) Ahead?
Solana (SOL) hits the top of the watchlist as SOL/USD spiked higher on news and a rise in broad market volatility. Will the bulls have enough to break the falling trendline? [Read More...]
Terra (LUNA) Resistance Ahead to Hold?
Terra (LUNA) is moving like hotcakes to the upside, but with a major swing high level ahead, will the bulls look to take profits again? [Read More...]
Oil tumbles, gold firm, bitcoin plunges
Oil slides on variant concerns Oil is among the assets taking a heavy beating on the variant news today, falling more than 5% as traders fret about the impact on restrictions and behaviour this winter. Even without severe restrictions, people will adopt more caution which will weigh on demand, as OPEC+ has repeatedly stated and factored into their models. It seems the US and other consuming countries have played their hand too soon. Sure, Biden will score some political points ahead of the midterms as voters see prices at the pump fall, which was ultimately the goal. But should prices spike again early next year, what then? Crude is back at levels last seen at the start of October and if this risk aversion continues in the … [Read More...]
Crypto Watchlist: Avalance (AVAX) & Polygon (MATIC)
Today, we’re spotting support area on uptrends to watch that longer-term players make moves on on a pullback. [Read More...]
Melting Rainbows
FEEDMy rainbow-based warnings about crypto seem to have been well-founded. As I am typing this on Thursday evening, the BTC futures are down thousands more dollars. Of course, this could be nothing more than yet another “buy the dip” opportunity as the prior arrows indicate. One fact that might splash some water on that idea,Read More 0 Comments [Read More...]
Crypto Watch: Chainlink (LINK) & Fantom (FTM)
Chainlink (LINK) and Fantom (FTM) hit the top of the longer-term watchlists with solid technical setups on the daily chart. [Read More...]
Major Support to Hold on Polkadot (DOT)?
Polkadot (DOT) is on the move this week as the bears bring it back to a major area of interest on the charts. Is this a buying opportunity or will the bears take DOT/USD even lower? [Read More...]
Crypto Watch: Uptrend Pullback on Solana (SOL) a Buy?
SOL/USD is in a solid uptrend, but if this week brings in a pullback, what are the technical areas to watch to see if the uptrend remains intact? [Read More...]