ADA (Cardano) has stabilised above the fibonacci golden pocket zone (between 50-61.8% retracement. Technically the pair is holding support, which also lies around the significant $2.000 mark. We anticipate upside out of this zone into fibo extension around $3.600. ADA is set to release smart contracts late Q4 – early Q1 2022.
The fastest ever $1B AUM, bitcoin futures see never seen before volumes, and what do the US Government, Wu-Tang Clan and disgraced Pharmaceuticals figure Martin Shkreli have in common? All covered in this weeks minutes! The Fastest Billion in AUM Last week the launch of a Bitcoin ETF that trades on Bitcoin futures rather thanContinue reading “Monday Crypto Minutes – Need To Know”
Ethereum has pushed into fresh highs, breaking out of the wedge pattern. Price has now pulled back. Is this just a retest of previous structure, or a more sinister fakeout of resistance? If price holds this support we anticipate ETH will continue printing new highs.
MANA/EUR has held support at the Fibonacci golden pocket (50%-61.8%). Now with the crypto market ready to spring NGT8R is watching MANA to moon up to May 2021’s highs, which correlate with the 161.8% fibonacci extension level. This idea is based upon both technical and fundamental factors in the market currently. Upside Target: 1.300 ViolatedContinue reading “MANA/EUR – Ready To Moon ?”
We are anticipating new all time highs to form on Ethereum against the Greenback, as Crypto news reels are currently full of positive news about mainstream adoption of crypto. This trade idea capitalises on the 1H chart support trendline, with the RSI showing bullish momentum. As long as price holds this trendline we will seeContinue reading “ETH/USD Upside? Anticipating Fresh ATH!”
Ethereum and Bitcoin are both testing all time highs, however whether they will push to news levels remains questionable. Bitcoin (BTC/USD) Bitcoin has broken into the 60,000+ dollar range, and is fast approaching the $64,895 all time high. The RSI is again showing overextended levels, however the ADX is starting to increase, showing that thisContinue reading “Ethereum & Bitcoin Test All Time Highs”
Whether Cryptocurrencies are the future remains hot topic, with strong arguments on both sides of the debate. Crypto fanatics are celebrating in Australia at the moment however, as main stream investors get on board. What Happen For Crypto In Australia? Two large Australian fund managers (Betashares and ETF Securities) announced they were getting into crypto,Continue reading “Crypto Gains Mainstream Popularity In Aus!”
ETH is approaching trendline resistance in a wedge pattern. Could we see price break out? Price action is cautiously bullish and the RSI is holding bullish levels. However, the ADX is on the decline, marking a trend that is losing momentum. If we see price bounce from here we could see the recent lows ofContinue reading “Eth Approaches Resistance – Will It Breakout?”
Mana against the Euro has been trending to the upside. We anticipate the trend to push to the upside given that it is UPTOBER 😉
ETH is currently soaring to the upside against all major fiat currencies. As our old analysis stated, the 61.8% fibonacci support held, and price is now gearing up to trade into the all time highs. Above this is uncharted territory, and if the fibonacci extension levels ring true we could see a prolonged bull marketContinue reading “ETH/EUR Next Stop 5600?”