KuCoin halts Algorand ALGO wallets

Nothing major nor important, but better to know than freeze your funds

https://www.tradingview.com/x/FOFOERbV/

Moving according to the plan. I'm tightening stops on this and taking half profit here.

https://www.tradingview.com/x/2xAsxGsf/

Peaked at 10%. Now PXI is about to close here in a nice profit.
Great pickup!

$ZIL

We have seen some nice volatility from Ziliqa here. The price is moving in a down trend channel with a huge volatility and huge bearish pressure. We might see further push toward the white region which for me is a strong area of support. At this level, if we see any sign of bounces, there will be a potential upside rally to test prior swing high.

$ALGO

I'm seeing this type of structure when I use the body to body connecting method. The bullish falling wedge could be the A wave structure during this correction moves. If the price can breaks out of the upper line of this bullish falling wedge , we might see an upside moves to the golden pocket region. Strong area of support as the wick fishing is at the white region.

$LEND

Lend here is entering its consolidation pattern with the representation of the descending triangle is in play. The price however is trending inside this descending triangle . If we see a break out toward the upside, there will be an upside moves toward the interim swing high. But, breaks below this descending triangle , a further downside push toward the $0.51 range.

Let's make on thing clear. If you want hourly updates, this isn't the best channel for you. I might go on over 30 hours without a post because I don't see a good move in sight. If you can't handle that I'll be happy to show you the door. Only my most loyal followers know that it's better to stay out of choppy waters than drown

Another Bitcoiner Claims He Lost $430,000 in Electrum Wallet Scam. A year-old exploit in outdated Electrum wallets keeps claiming unsuspecting victims, taking their Bitcoin.

Things get exciting when people get greedy

Looks like we got it right again.💪🏻

I have noticed a trend in funding rates and price movement of assets. BAL currently has a great negative and is worth longing. Take a shot at it.

Entry below $32

Target $40+

No updates for the time being.

Credits to CryptoPro for this analysis. Its scary AF and might be true

This is what many out there will not show you because they just don't have the time to switch to a monthly chart and look for an exchange with enough data.

The pair you see is LTC/USD and obviously it doesn't look good. And yes, if things continue like this, we're looking at a potential -88% fall for LTC over months to come.

This is the monthly chart for LTC/USD on Bitfinex. After price hit $370 back in December 2017, price has been in a constant downtrend till date. Well, even though many majors haven't also made any highs yet, their charts look a bit more promising than that of LTC.

With LTC, not only are we seeing a downtrend, we're seeing a clear descending triangle, which is one of the most deadliest bearish patterns out there. We remember when the descending triangle on BTC broke at $6000 in November 2018, price fell -50% after that.

So it's really bad to see LTC in this kind of situation and even worse that price couldn't rally out of the diagonal resistance when BTC pumped all the way from $3100 to $10000. That should spell out how weak LTC has been in the last months.

During the recovery from the COVID-19 dump, BTC did a total of +244% from $3600 to $12400, ETH did +403% from $86 to $489, ADA did +910% from $0.017 to $0.172. And just like LTC, some majors underperformed too.

Back to the monthly chart. The green zone is the last stand for bulls to defend LTC from falling off a cliff. Any asset can decouple from the rest or accelerate than the rest so it won't be surprising for LTC to fall more even if the other majors fall just a little if monthly support is broken.

Clients are accumulating spot for LTC (not leverage) because we're at the beginning of the month and the previous monthly close wasn't too bad. The fact that we have a deviation below the support and the recent wick down to tear the long term uptrend line closed back above the support shows we can give this the benefit of the doubt.

We will be using the weekly and daily time frames to gauge price action to see if we should get out of LTC and get ready to short it again or to keep accumulating. Remember we shorted from $63 to this monthly support.

The monthly RSI will support a big fall to $4.63 support if we close bearish for this month on LTC. If you're the conservative type, you could wait for LTC to break the diagonal downtrend line and then start buying or wait for a monthly or weekly close above $67 to start buying.

From there we're looking at $123 and $222 as targets. However if the more bearish idea plays out, which has a high chance of playing out, we are in for a bloodbath.

It's been a while we did a somewhat indepth analysis like this here so we decided to make today an exception. Seems like only Whale members have access to this.

https://www.tradingview.com/x/Uhs6afnQ/

https://www.tradingview.com/x/o5a3OcnU/

You already know how much I trust this move. Now we have nailed the targets.

Now you know why I didn't touch the DeFi game

My thoughts about the recent price action. I have highlighted some key aspects to keep in mind for the next trading session. Do not miss this audio.
Apologies for the format, OnePlus has that as default🙈

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Spent a hell of a lot of time making this. Please show your support by dropping a like and comment ❤️

Moving towards a more educational post, here is a brief about OKB Token.

I'll be dropping some charts in a few hours. Stay tuned
Link