Looked at as well as a bit of Bitcoin analysis at the end so do stick around whilst things look rather well again so Bitcoin does actually break 26k as US inflation comes in at six percent so things are starting to look better gradually slowly the test of time will Tell us but we know time is still on our side so 25.8k is the current live price for Bitcoin just lost that 26k support level 500 billion dollar market cap which is insane which is almost about half of the total valuation of the blockchain market at the moment so this One here has been really really trending well this is conflux cfx and we can see at the moment it’s rank 61 800 million a market cap so people are starting to speculate and Traders are turning their heads towards this particular coin in the last three months it did come out This very undervalued phase of 0.023 and it’s pumped around 15 sorry 15x that’s a 15x guys from the actual bear market price pack here in January so what a great buy it would have been trading volume was up 150 percent most of that is coming from tier one exchange binance As we can see taken well over 30 of the overall market share in terms of volume looking really really good guys so conflicts for those that don’t know this looks very very interesting they’ve got a hard Fork that they’re currently making a mainnet but we can see it says On their website blockchain without barriers complex enables creators communities and markets to connect across borders and protocols like on flux I throughput secure interoperable scalable built-in stake and also low fees so it sounds like some other infrastructure tokens out there that we’ve seen already and some other main Nets but this one is new it’s fresh and well why is it’s not significantly new it’s still a low marker cap compared to some of the others out there so I really do like this ecosystem I’m gonna keep my eyes peeled on this and I do think this One can have a lot of potential for the future so here is a few elements of infrastructure that we’re just talking about like this here seller Sea Bridge waves deer chain link uh we’ve got Oasis I3 there’s absolutely loads right now so keep an eye on this coin 82 000 Followers at the moment I do think it’s going to be one that has a lot of potential by the next crypto run the first things first before we do look at some analysis guys if you want to become a patreon that’s now over 100 lovely patrons who have got access to trading Signals one-on-one lessons you know DCA alerts pre-sale information and much much more so you’re going to get some core signals like all of this stuff here we’ve got myself and also an analyst doing it who’s got some great calls and like a little example here some people Are making some money on some of these great calls that we are doing so if you do want to get involved um please do look at the link down below and click onto the patreon side of things and you can basically sign up choose a more budget friendly option if You need to I’m not trying to take all your money I just want to help people grow within the crypto bear winter bear market and uh you know we’ve only got a few a couple hundred days I would say probably seven eight hundred days until The the ball run is back so let’s have a little look at cfx what is going on outrageous pump right now um we can just see over the last 30 um 24 hours 32 bump and over the last three days even more a 100 124 pump now the Things that I’m looking out for is for the first time we actually had a major pump here for this particular coin well if we bring our FIB we had the initial start of the pump we came up we got bummed at this resistance at 0.36 so That is still a major major level of resistance at 0.36 possible we can re-test the area but we did come back down just below that 0.786 Fibonacci so I am speculating that we might get it on this particular um swing higher the impulse that we just got here we could technically still Correct down to about 0.2 which would bring us back down into that 20-day moving average we see we’re over extended on the Bollinger Bands at the moment previously we were also overextended for a bit of time before actually coming back down as we can see over here the over extension on the Bollinger band and then the price came down following that so um yeah that’s something I’m considering is that we are looking a little bit uh on the four hour time frame not the daily overbought we do also have this dollar cost average area if the price Comes down to 13 or 14 cents I am going to be opening a position for this particular coin so let’s move into the four hour time frame we can see a massive Mass massive pump right here and this is where we’re getting a bit overbought but there’s still no sign of A major bearish Divergence moving into the hour that is where we start to see that bearish Divergence forming where we do have a lower high on the RSI that we can see here the relative strength index this one here basically reflects how overbought or oversold an asset is During any given time and we also have a higher high on the macro side of things here so we’ve got a bit of a unfortunately um is it diverging yeah they’re going away from each other so we have a diverging channel here guys it’s gonna be really difficult for this coin To break through the 0.31 resistance right here not saying it won’t happen but in my opinion I think we do need a bit of retest and if we look at this 20-day moving average which is printing right now we could speculate it’s going to move kind of like this Um and that means that we might still see a bit of downside potential for this coin how to scale to how to scouter and then maybe back up back up back up so that could be the trajectory something like this is what I’m really looking out For we do have a key area of support as well bought this coin if it does bounce back down I’m looking at that 0.276 level it’s going to be Rocky around there and maybe some continuation to the upside so yeah really really Keen to see what’s going to happen but I definitely See this short term pattern is a little bit bearish if the balls are strong enough to push through amazing but I’m not really sure that’s going to happen on this particular occasion um although we are printing a lovely amount of support here still on that five minute time frame I mean just look At that guys it’s it’s very difficult when this happens because you’ve just got volatility and emotion and everyone is going crazy all at the same time so by the time this video is published probably this will already be invalidated this particular pattern so we’re going to have to look at a more Long-term Target on this particular occasion so we have something that’s got a bit of um I suppose Evergreen 2 that we can actually respond to as well um but yeah 0.36 is a macro Target for the bullish targets right now I’m looking at the 141 which is actually 0.46 which is of course sounds crazy but actually from the current price level it’s just another 55 up from where we currently are but that is my macro Target for the balls for the Bears if we just get that correction that we were talking about if it happens if we do Lose the support possibly a 33 correction that could also occur on this occasion here so yeah that’s about a wrap of complex I hope you enjoyed this video if you’re new to the channel you would know that we have three sales linked down below remember they are not Financial advice you need To go off and do your own research and do not do what I say just because I make YouTube videos but it’s a meme coin utility but on immutability it’s gonna be a fun I’ve purchased about 2.1 K where for this in dollars they’ve raised 556 000 in just a couple days if you want to have a look at that pre-sale then it goes right down there for you do your research connect the metamask and if you want to grab some tokens amazing well they’re all in this together we’re on the same journey together uh can’t Guarantee the future but fingers crossed we can also replicate a good gains like we saw of the Tama Doge pre-sale back in 2022.hello guys thanks for watching you’re right there subscribe to this channel see you soon and you are now updated with the markets thank you for watching thank you foreign 🐶 – Love Hate Inu LIVE Presale – https://dns0.jacobcryptobury.care/b_JCBLoveHateInu 🥊- FightOut Presale LIVE – https://dns0.jacobcryptobury.care/b_JCBFightout 🔌- C+Charge Presale LIVE – https://dns0.jacobcryptobury.care/b_JCBCCharge 🤖- 100x RobotEra Presale Live! – https://jacobcryptobury.care/b_JCBRobotEra 💎- Get Trading Signals! – https://www.patreon.com/jacobcryptobury?fan_landing=true 💎- Check out my latest crypto calls – https://discord.gg/8meW7NYMdN Conflux Crypto Price Prediction – Will CFX Continue to Pump? 👑 – 24/7 Trending Crypto News – https://www.business2community.com/crypto-news 🤑 – HyperBullish for this altgem – https://luckyblock.com/ 💎 Get Trading Signals! – 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You can suggest me anything.If you have any ideas, please share them with me.I will definitely upload new videos based on your suggestion.Blockchain is becoming hugely popular and adopted globally, little by little.
Cryptocurrency and blockchain is being spoken about in small cafes and pubs, and when your own mother even talks about blockchain you know it is becoming too mainstream! Cryptocurrency and its digital scarcity and utility is proving to be a strong hedge against inflation and one of the strongest commodities today in terms of real growth.I just love the diversity of cryptocurrency, NFT’s, the Defi space and of course Bitcoin, Ethereum, Cardano and other blue chip tokens 🙂 These projects in particular have huge scope for growth in the future and we still have a relatively low market capital in contrast to gold and the s&p500.
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