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TA on BTC and Altcoins

MKR-The sleeping giant

29 Jan 2021 1 minute read 2 comments OnlyUp

Maker DAO has a huge perspective for growth in 2021 in my opinion. The reason for that is the already developing second wave of DeFi boom. Apparently the adoption is happening and more and more fiat money flows into the crypto market. Due to the smal...

Could this be the altseason confirmation?

27 Jan 2021 1 minute read 0 comments OnlyUp

On BTC and ETH daily charts there are clearly seen two wedges  printed. There is a falling wedge on Bitcoin and rising wedge on Ethereum. These patterns tend to break upwards on bull markets. If Bitcoin stops falling in the next days and consolidatio...

Bitcoin,was this the bottom?

27 Jan 2021 1 minute read 1 comment OnlyUp

The recent dip of BTC to 29k area brought the price right in the support area on the weekly chart followedby decreasing . If the bull manage to paint this week's candle in green we can expect the continuation of rally or at least a good recovery unti...

Polkadot DOT. That was a good chance to buy the dip.

27 Jan 2021 1 minute read 0 comments OnlyUp

As we saw today the main cryptocurrency dropping below the 30k mark, Polkadot token also followed the downtrend and reached its good support at $15. That was a good chance to buy it as I expect growth from here. This level was once resistance, where...

1INCH-this is a must have coin. Chart looks promising.

26 Jan 2021 1 minute read 0 comments OnlyUp

I will not go deep into fundamentals to explain why the DeFi sector is going through a second, more epic boom in 2021, there is plenty of info on the site to find out the potentials of Decentralized Finances and why this is the new trend, the new hyp...

Bitcoin has not decided yet where to go. Let's wait.

26 Jan 2021 1 minute read 0 comments OnlyUp

It has been a while since the last time I saw such global movements in the form of a falling wedge, if we look at the 4 hourly chart, in my opinion, it is printed. The good news is that this pattern tends to breakout upward, which fits into the globa...

ETH: weak hands shook out

25 Jan 2021 1 minute read 1 comment OnlyUp

The second largest cryptocurrency  after an impressive recovery over the last three days and a new ATH showed signs of correction today forming thus a bullish flag on hourly time frame. Few weak hands sold their Ethereum and the price visited briefly...

SXP: this rocket is ready for launch! Short/mid-term targets.

25 Jan 2021 1 minute read 3 comments OnlyUp

Since the last mini alt season in August-September where we saw SXP making its ATH at $5 it has made a really good correction movement. Buyers' zone (-0.18/-0.27 Fib levels) on daily time frame was reached successfully and from the beginning of the y...

FileCoin: still not too late to buy. Grayscale pump is coming!

22 Jan 2021 1 minute read 1 comment OnlyUp

Filecoin is a peer-to-peer network that stores files, with built-in economic incentives to ensure files are stored reliably over time. In Filecoin, users pay to store their files on storage miners. Storage miners are computers responsible for storing...

DOT massive comeback! Mid term potential targets.

20 Jan 2021 1 minute read 0 comments OnlyUp

Today Bitcoin dragged the whole market down except for very few altcoins. DOT has lost almost 25% of its value during the past 4 days since the recent new ATH at $19.40. However this was not a problem to regain the loss and the token DOT was amongst...