I haven't posted in a while and wasn't sure what to post, so I just decided to post some areas and charts that I'm watching. This isn't trading advice and I'm already all-in on most trades I want to be in.
Hive
I've honestly been trying to figure out the $hive $bitcoin chart for a while and still haven't had very much luck. The support and resistance seems all over the place and it usually pumps within one day and then just slowly bleed from there.
I was just looking at the $hive $usdt chart tonight and it looks much better than the bitcoin chart as far as support and resistances go. It looks like Hive is slowly starting to move back up.
The up-only trend is starting on the Bitcoin chart and looks to be catching up on the USDT chart. Any time hive is above 1000 sats, I'm bullish and think if Bitcoin can quit dumping for a few days and move sideways we may have the next Hive pump on our hands. I'd like to take profit at $1, but may side with caution and take some at $0.80.
Leo and Cub
I'm interested to see what will happen to $Leo and $Cub over the next few months. If we really do have a #defi summer 2.0, we could see both tokens take off again, which as of right now are both just slowly losing value.
The USDT chart looks much better as there was a strong resistance turned support at the $0.50 mark. If Leo breaks down below here I think it will run further down, but with the upcoming changes to #cubdefi I don't see this happening.
With Leo bridge swaps I think this will slowly start driving the price of Leo back up along with increased interest in defi again driving the price of Cub and Leo even higher.
Wan
This project was released after the end of alt season and everything started going down and was still able to make all-time highs. It's starting to pick up strength vs Bitcoin and hasn't been shilled at all to my knowledge.
I don't know if it's a dead project, but it still has plenty of room to run before it hits all-time highs and since it was released at the beginning of the bear market, this project could easily hit new all-time highs from a Bitcoin standpoint.
In Conclusion
Let me know what projects you're watching or like in the comments down below. if you found anything in this article interesting or useful please like and subscribe. If you have a coin you'd like me to chart in the next article just let me know in the comments down below as well.