Blockunity

The BNBUSDT , one of the largest crypto capitalizations, has unquestionably been an extremely strong asset since the start of the year. We can see that it is currently consolidating in a symmetrical top triangle, a chartist figure favorable to the continuation of an uptrend. The Magic Bands (PMB) had given a very good sell signal at $630, and we can see that the cloud has remained green despite its correction. A green cloud means an uptrend, so everything seems to be going well for this asset, which has been in this trend for almost 200 days, with a very nice buy at under $230! Note also that, despite its rise and strength, BNB is no longer in a period of distribution or attention according to Supreme Vision (BSV) .

THETAUSDT has a somewhat similar configuration to the LPTUSDT we talked about in previous weeks. It is showing a very strong retracement, allowing it to come back to the upper region of a huge accumulation range. This type of movement is often a real opportunity for late buyers! Especially as this zone on the Theta Network is completed by the two biggest Vegas (Daily and Weekly) of the Trend Identifier (BTI), which overlap entirely, providing very solid support. A move back towards $1.75 therefore looks like a great buying opportunity, especially if we get a complementary signal from the Reversal Identifier (BRI). Otherwise, THETA could lateralize on its current level just to recover from its recent heavy fall, before resuming its uptrend.

Aave (AAVE) is a key player in the Decentralized Finance sector, at -86% drawdown, which is back in its long accumulation range. Our Supreme Vision (BSV) tool is also indicating a new accumulation period (green background)! Moreover, according to the Master Oscillator (BMO), less than 40% of addresses are in profit, with a slight increase in the percentage of supply held by Whales and long-term Holders.

Livepeer LPTUSDT seems to be giving us a great opportunity by retesting the top of its previous accumulation range. The Perfect Cloud (BPC) remains green, indicating that the uptrend is intact for the time being. This retracement back to this very strong structural level is further reinforced by the Vegas Daily (blue cloud) of the Trend Identifier (BTI) !So far, so good for the Livepeer plan, which is bouncing off the indicated area, offering a very nice retest of its previous accumulation range, in the Vegas Daily (blue cloud) of the Trend Identifier (BTI).After losing its uptrend on the Magic Bands (PMB), we had a buy signal a few days ago, signifying a recovery in the uptrend. No need to look any further for LPT, which is on a very clean technical track. Very nice W bottom by the way!

Bittensor ( TAOUSDT ) was listed yesterday on Binance! A big wick marking a new ATH has been made, but beware, could this be a short-term "Sell the News"? For the moment, Perfect Cloud (BPC) remains in the green, in an uptrend, but its cloud is starting to look thin. In fact, TAO has never retested its Vegas Daily (blue cloud) of the Trend Identifier (BTI) since the start of its uptrend. If the price really needs to breathe, this would be an interesting area to take a trend-following position.The price of Bittensor has arrived in the zone we indicated, in the Vegas Daily (blue cloud) of the Trend Identifier (BTI). If the uptrend in TAO continues, it could rebound from here.

Let's take a look at SOLUSDT with the help of the Blockunity Perfect Cloud (BPC) and analyse the past months as well as take a small prediction about what's to come. First we see that from July 2023 to today SOL made a nice 10x. Let us know in the comments why you think this is 😉 Furthermore we see that since October 2023 the BPC is showing a Bullish trend for Solana, riding between the first and second extension of the cloud before falling in the cloud and shortly being underneath it. Nevertheless, the uptrend found some more momentum to start riding again between the first and second extensions. In the highlighted zone we can clearly see how the two extensions acted as support and resistance Today Solana is fastly approaching the upper limits of the trend following cloud so the price could potentialy break this support and enter the cloud in the coming days. Nevertheless, the cloud is pretty thick still and the trend is still Bullish, so we will have to see a violent move headed down to change the overarching trend. How should you interpret that? 2 scenarios come at play here. Scenario 1: The price does not enter the cloud and bounces off of it with a nice green candle. A nice entry point for a long swing position, where we can start taking small profits whenever the price reaches the first or second extension and closing the full position when the price reaches the cloud again, depending on your risk management. Using the Signals of the Blockunity Strength Reversion (BSR) has proven to be effective in combination with the BPC for profit taking. Scenario 2: The price enters the cloud. Here we recommend waiting for further development as we enter a zone of indecision where the price could stagnate at the current level before violently taking an upward or downward trend. Once the price exits the cloud we can take a decision following the trend of the movement. To consolidate our analysis we can use the Blockunity Breakout Detector (BBD) to see if the movement is effective or a trap.

Kaspa is in great spirits, with a run of over +40% in 5 days, and is now just a step away from its closing ATH! Does it need a breather, or will it break all the way up? Being rejected by the ATH should bring the price back towards $0.123 in the first instance, on the support indicated by our Pivot Identifier . But if we get a daily close above $0.145, then Kaspa could mark a new ATH. To find a target, we've plotted Fibonacci extensions of the last big move. Why not go for 1.618 in the medium term, towards $0.21! In the short term, a small retracement seems probable, as many indicators are currently overheating, as shown in our Ultimatyx Screener table.

NEARUSDT analysis using the Unyx Data Today we take a look at NEAR and its current state in the market: - BRS: As usual let's get a feeling for the current temperature of NEARs price. We see that it is creeping up towards the over-heated zones 9 and 10 of the Rainbow Score, indicating that we should be ready to take some profits in the coming days. - BSR: the Strength Reversion showed some sell signals in April (indicated by the red dots) as well as some buy signals in May (green dots). Currently the BSR hasn't triggered any sell signals, but as it is in an Overbuy state, this should happen any time soon. - BUX: let's finally see what the BUX has to say. First let's take a look at the Oscillator (BUO). It clearly shows a change of trend as it is now moving more on the lower half of the oscillator, indicating that its indicators are mostly overbought. Taking a look at the screener (BUS) we see that in the Daily timeframe, all indicators expect the CCI are overbought. Looking at the smaller timeframes (1h and 4h), the overbought trend isn't much visible, but this will probably change over the day as the European and American markets wake up. On the weekly timeframe again, most of the indicators show an overbought state. So clearly, NEAR isn't a buy right now, but if you have some in your bags it will soon be a good moment to take some profits. If you bought at the end of the summer, you should be in a profit of around 130%, depending on your average entry price. Do you have some NEAR in your portfolio? If so, what is your next target price? Let us know!

After a long down trend and reaching a new ATL at $1.126 on september 24th, CAKE seems to slowly regain some positive momentum, but for how long? As you can see in our graph, the CAKE is moving since several weeks in the "Extremely Oversold" zone of the BRS as well as the "Clearly Oversold" zone of the PMB. Both the PMB and BRS sent DCA-buying signals, a total of 6 in the last 44 days and 11 for the last 140 days, with a maximum buy price of $1.861. Regarding the short positive momentum it gained over the last days, we can see that the Strength Reversion (BSR) hasn't sent an overbought signal yet, but that the price of the asset is close to this zone. We will have to wait the next few days to see if CAKE reaches a resistance with the BSR Upper Line, or if it will pass it and use it as a short term support. All in all, CAKE still seems to be in an overall downtrend and in a good zone to continue accumulating. We will have to wait for a stronger signal to think about reaching prices that are interesting to start DCAing in a sell direction. What do you think? Will CAKE reach a new All-Time-Low? Or will it start to slowly switch to an uptrend?

Cardano is at the bottom of its range, on important support. In the same way as other current assets, such as the Binance Coin, losing this zone could send ADA back into a lower zone down to $0.14-$0.17. This would appear to be a very attractive area for accumulation.