BlocksInform
Senior Vice President at Overbit. Technical analyst, crypto-enthusiast, ex-VP at TradingView, medium and long-term trader, trades and analyses FX, Crypto and Commodities markets.
Recently, numerous factors have supported the recent bull run of cryptocurrencies. Regardless of where one's trades are going, one should wait until a breakout confirms the bullishness of the pair and decide whether to invest or not.
Look for resistances at $1.06 and $1.37 if the confirmation is made.
Trillium
Alien Worlds is a metaverse, where players seek for resources, mine, trade, capture, and receive Trillium (TLM) coins and NFT’s for their work. The Alien Worlds project welcomed its one millionth miner on April 29, and earlier on April 23rd it set a mining difficulty decrease Trillium mineable on all planets. As the project gets larger, it will become increasingly difficult to mine the Trillium and at that point, its value and price will grow. From a technical perspective, the TLMUSDT chart is about to complete the formation of a bullish signalling pattern – cup and handle.
Here are the three patterns we can look at to decide whether or not to invest, the first one is the flag, and the second is the cup and handle.
In both cases, it is important to wait for a breakout for a more sure indication of the bullishness of the pair to invest. Look for possible resistances at $1.06 and $1.37 if the confirmation is made. A project dedicated solely to referring to blockchain technology as old. As Fantom is not a blockchain, but rather a network of custom blockchains, it works more quickly and offers infinite scalability.
Fantom
One of the projects of the only one yet who called blockchain technology old. A government customer base makes Fantom one of the healthiest DeFi projects of the year.Since the release of N3, NEO now has an edge over Ethereum as the first competitor to Etherum. Hour FTMUSDT chart indicates a double penetration of resistance level where the coins' all-time high lies ahead. The RSI indicator and MACD indicator are both highly bullish on FTM, and the impulse of April 23 also creates a bullishness in the coin. NEOThere is simply no other project that has the ability to scale the Chinese national currency, like NEO. There is no other project with all the capabilities to scale the Chinese digital currency, like NEO.
Here are the three patterns we can look at to decide whether or not to invest, the first one is the flag, and the second is the cup and handle.
4 Hour FTMUSDT chart indicates a double penetration of the resistance area where the coins all-time-high lies ahead. Both RSI and MACD indicators are extremely bullish on FTM and the impulse of April 23 firms the bullishness of the coin. Support levels for NEO could drop to $99.60 overnight and resume upwards.
NEO
There is no other project which has all capabilities to scale the Chinese Digital Currency, like NEO. Nevertheless, if NEO again follows the upwards trend, we should see NEO around $155 and $160. Next Altcoin News, Crypto Currency News, Guest Posts, News Author: Aziz Kenjaev, Senior Vice President at Overbit.
Technical analyst, a crypto enthusiast and former VP at TradingView, trades and analyzes the FX, Commodities and Crypto markets on an ongoing basis.
An hourly NEO/USD chart also shows the formation of a double bottom at $74, however the move preceding the retest of the support at $74 is slightly cranky.
Nevertheless, through the history of cryptocurrencies, many have noticed an identical move between NEO and EOS, EOS is on fire today, so let’s hope NEO will follow the lead. Overnight NEO might drop to $99.60 support level and resume upwards. Resistances to watch are $119 and $113. Among the sources to prove that Alien Worlds’s Dapp is the largest in the World, the discovery of two new planets on the metaverse might help to prove that.
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