*Keep in mind, these are my own insights and should not be considered financial advice*
I'm really liking both ALGO and AXS for the next bullrun. I haven't seen much discussion on either, but think its completely possible both end up being a "diamond in the rough" that will only shine in the eyes of others when it's too late. The following is a great article detailing why ALGO is a direct competitor to ethereum and what makes ALGO unique (it's a great and quick read; I highly recommend it): https://vasiliosfilip.medium.com/algorand-vs-ethereum-a-serious-contender-to-the-worlds-number-one-decentralized-application-c10b19a89862 With regards to AXS; there's nothing special going on, per se, but a lot of analysts I've been reading up on think it's possible that AXS sees similar highs in the next bull run. Only time will tell on both fronts, so I guess we'll just have to wait and see.
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*Keep in mind, these are my own insights and should not be considered financial advice*
BTC is unfortunately continuing on the downtrend and is not looking too good in the short-term at the moment. While we are still seeing movement within the channel, I'm hoping it stays above $33,000 CAD and we continue the overall upwards trend we've been seeing over the past 6 or so months. Let's hope that we see more explosive movement as we approach May 2024 in anticipation of the halving. *Keep in mind, these are my own insights and should not be considered financial advice*
BTC outlook looks bleak for the time being. It recently broke below a long-term trend and is now primed for a correction. For now, $33,000 CAD is a reasonable guess, but we can see it break below $30,000 depending on how long the trend continues. Unless we see some miraculous pump come up out of nowhere; crypto as a whole is going to take a massive hit in the coming weeks. *Keep in mind, these are my own insights and should not be considered financial advice*
GALA looks good on the daily chart. It broke out of the pennant it was forming and is seeing some upward movement. We could see $0.044CAD over the next couple of days. *Keep in mind, these are my own insights and should not be considered financial advice*
HBAR is looking good on the 3 week chart. A reasonable target over the next few days would be the $0.074-0.0745CAD, but watch for a break above local resistance and out of the upward channel. A breakout on the downside of the channel would probably end up somewhere as low as $0.0672. *Keep in mind, these are my own insights and should not be considered financial advice*
**The graph above is a six month graph I'm currently long on SHIB; I think it has been a great asset to accumulate over the past few months. However, while you could open a long position now and just wait it out, I would keep an eye on it for the next 1-2 weeks to see if it dips to what I would expect to be about $0.00001080CAD or if it can make it to and break past the $0.00001280CAD, where we could see some decent upward movement from then on. *Keep in mind, these are my own insights and should not be considered financial advice*
Looking at Cardano on the 6 week chart shows some semblance of an upward channel. We could see positive movement to the $0.52-$0.525 CAD in the coming days. I would hold off for the time being if it dips below about $0.49 CAD. |
Crypto NDAX Crypto.com Invest CanadaWho Am I?No one special; just a crypto enthusiast prepping for the lead up to the next halving (May 2024). Nothing on this website is or should be considered financial advice. I am just listing good exchanges to use in Canada, referral links to them and my own insights. I will periodically update and may occasionally post charts I am interested in and what assets I plan on buying. *I do not own any of the images presented on this site |