Author: Dren.H

UNI Technical Analysis – August 2021 Daily Analysis Uniswap was on the rise until it started to decline again at large rates. The trend has reversed and is now heading downwards. Structure levels are going to be key in determining the future outcome of the price of UNI. If resistance is broken, then an uptrend can begin. Intraday Thoughts Recent price changes of UNI have made a lot of investors uncertain since it is becoming increasingly difficult to determine how the price might move. Recent intraday price increases might prove to be corrections if selling pressure is high at resistance.…

SOL Technical Analysis – August 2021 Daily Analysis Solana has recently reached a new all-time high at $81.9. This increase has started on July 20th, marking a 270% increase throughout this period. After reaching this new high, SOL has had a correction, but it does not necessarily suggest that the trend may reverse. If SOL finds support, it can aim to set a new price record. Intraday Thoughts Volatility has been considerably high these past few days as Solana is on the biggest bullish run of its lifespan so far. SOL has recently found support at $66, and it is…

ENJ Technical Analysis – August 2021 Daily Analysis Enjin Coin has been bullish for more than one month now. From July 20th to August  23rd, ENJ increased by more than 130% up to $2.21. However, ENJ could have a possible reversal if it does not find support at key structures. Intraday Thoughts As per usual, ENJ has had high volatility in a shorter timeframe. The recent pullback might be the indicator that ENJ has reversed and may now head further down in the upcoming weeks. Key Structures for Enjin Coin Support $1.83, $1.74, $1.44. Resistance $2.02, $2.09, $2.21. Indicators Moving…

MANA Technical Analysis – August 2021 Daily Analysis Decentraland (MANA) has been bullish over the last few weeks, and its price has increased by 160%, up to $0.99. While it still has a long way to reach its all-time high that was achieved in April of this year, MANA is on the path of increasing in the following days and weeks. Intraday Thoughts Looking at the intraday movement of MANA’s price, we can notice quite some volatility as well as uncertainty since it has recently broken both resistance and support levels. Even though this might seem like consolidation, MANA can…

SC Technical Analysis – August 2021 Daily Analysis Siacoin has been bullish for quite some time now. Since July 20th, when SC was below $0.01, Siacoin has increased by as much as 143%. There has been a recent correction in the price of SC, and it is currently trading at around $0.02. The recent pullback has found support at this price, and it may now aim higher unless the resistance of the recent high stops SC to keep increasing. Intraday Thoughts Within the day, SC has had quite the price range and has had high volatility. This has benefited day…

SHIB Technical Analysis – August 2021 Daily Analysis Shiba Inu recently had a reversal and is currently in a bearish trend if it goes at the same rate. From $0.0000095, SHIB has dropped to $0.0000076, which is around a 20% decrease. Breaking the previous resistance indicated that SHIB is heading further downwards and look to find support somewhere else. Based on the price pattern, SHIB might look at a potential correction before continuing further down. Intraday Thoughts SHIB as always has been extremely volatile in the last hours. Price has changed a lot and the daily bearish candlestick illustrates the…

EGLD Technical Analysis – August 2021 Daily Analysis Once again, Elrond has been bullish over the past few days. In the last couple of days, there has been a slight pullback since EGLD failed to surpass the resistance, but it may soon find support at around $140. During this uptrend, EGLD has increased by about 180%, and it might aim to get closer to $200 if support zones stop a reversal and resistance is broken. Intraday Thoughts When looking at a shorter time frame, the intraday view on EGLD still suggests quite a bullish nature. Cryptocurrencies are known for their…

Trading signals are important when it comes to cryptocurrency trading. Knowing when to buy a cryptocurrency is really important if you want to make a profit out of your investments. However, knowing when to sell your coins is just as important. To help you out on finding good sell signals, we depicted some easy methods you can determine when to sell your assets. Volume The volume of a cryptocurrency is perhaps one of the biggest trading signals there is. High trading volume indicates that there is a lot of trading activity is being conducted with a cryptocurrency. If the price…

When it comes to trading cryptocurrencies, one of the best ways to make decent profits is through trading signals. Crypto trading signals are groups and platforms that consist of experts in the cryptocurrency field. They do fundamental and technical analyses on a cryptocurrency, and they give signals on how to trade a certain coin. Some of these crypto trading signals are free, and the majority require payment fees in order to subscribe to their Telegram channel.  While there are a lot of crypto trading signals today, there are also a lot of trading signals that are scams. Some of them…

Cryptocurrencies are largely affected by government decisions, businesses, and even individuals. There have been numerous cases where an individual’s acts had an effect on the price of a certain cryptocurrency. Tesla’s Elon Musk and Dogecoin might be an example that you might be aware of. However, in this article, we are going to focus on another institutional investor whose actions have affected the world’s leading cryptocurrency, Bitcoin. We will look at Michael Saylor and his multibillion-dollar company, MicroStrategy. Saylor’s actions in the cryptocurrency market, as well as his social media activity, have largely influenced the market and Bitcoin in particular. …