teakfinance

teakfinance

BTC has already gained more than 11% in the month of March. The question is will the rally continue and if we will see the price reaching $28K. With the coming of CPI data, we saw BTC price reaching high of $26386 (at the time of writing). Currently, the price is above 21-EMA and 50-EMA on a daily as well as 2- hourly timeframe. The next target price is $28300...

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BTC price has been moving in the consolidation zone for 8 days. If we consider the swing from 31st Dec 2022 - 2nd Feb 2023, the price has followed Fibonacci Retracement with the price bouncing back after reaching the 0.618 retracement level. Any upswing can push the price to the 30k level. Note: Note: Studies are for educational purposes only. We will not be...

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Bitcoin has increased by almost 48.97% in the year 2023. Let us have a look at the top 5 coins (based on market cap) which have outperformed BTC (we have not considered meme coins for our analysis). 1.Cardano (ADA) YTD(%): 61.63 Price is currently moving within a range (0.385-0.421). 25% upside movement can be expected if price breaks above the range with 0.527...

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The token has seen almost 139% growth since we published our analysis on 7th Feb 2022 (). The price is above the weekly 50-MA and RSI is above 70 showing upside momentum in the coin. The coin is showing support @ 0.5399 and resistance @ 1.0474 . Entry can be made with appropriate stop loss. Note: Studies are for educational purposes only. We will not be...

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On-Chain Analysis According to DefiLlama, the total value locked (TVL) of Hedera has grown by 88% since 1st Jan 2023 and currently stands at $44.2 million. This increase is driven by the sustained success of Saucerswap and launch of Heliswap and Bubbleswap, as per Messari report. Technical Analysis The two most important metrics in the analysis is price action...

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The two graphs seem similar in nature. The question is will BTC follow the same trajectory as that of 2019 before the major bull run of 2020-2021 ? Let us know your views in the comment section...!!!

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ROSE is the token of the Oasis Network Platform and is used for transaction fees, staking, and delegation. According to DefiLlama, total value locked ( TVL ) has increased by approx. $2m in 2023 and currently stands at $22.06m. Technical Analysis Price of ROSE has increased by 92% in 2023. In the daily timeframe , the token broke its resistance on 21st Jan 2023...

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GRT is the token of an indexing protocol, Graph. The token has gained over 132.9% in the month of February. According to Dune Analytics, the total number of users of the protocol has increased by approximately 34% in the past year. The token saw 66% QoQ increase in revenue from query fees, as per Messari report. The increase in on-chain metrics strengthen the ...

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From a pool of thousands of tokens, selecting the right token for trading becomes difficult. Retail investors often invest / trade when the tokens are already up by 60-70%. To resolve this, we have designed a screener to screen tokens gaining momentum. Today's screener token: STXUSDT Screener Logic: Price (close) > Parabolic SAR AND MACD > MACD signal...

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The price of AVAX rose by almost 81% in January 2023. Daily chart shows upward momentum in the coin but RSI divergence can also be seen indicating some price correction. Note: Please DYOR before investing/ trading. Studies are only for educational purposes only. I am not responsible for any kinds of your Profits & Losses.

teakfinance

After a massive bear run, BTC holders saw an almost 40% gain in Bitcoin price in Jan 2023 pushing the fear and greed metric into the “ Greed ” zone. After a strong rally in January, what is next for Bitcoin? In the last 8 years, we have seen a green February for Bitcoin except in Feb 2020. Thus, we expect 2023 February to be a green February for Bitcoin. Price is...