HBAR HEDERA HASHGRAPHBe Patient it is not yet ready for a bump, for confirmation of a trend change in a Heinki Ashi chart type Candles you need to see a morning star kind of candle, big sticks below the red candles as well when the red candle are reducing their size, that ´s means sign of stress in the trend, so the trend use to take a breath or it directly does a reversal, i ´m more aggressive and i don't use to wait, i use resistance and support as spot point to enter or go out, in this one in particular i ´m not a trader but an inversor to mid long term. i love the project, the administration council and what they are doing. check out at Herdera.com to see by yourself for those who don ´t know Herdera yet to date. Invest at your own risk, to me now it is a very good entry point, i hope 0.55 soon, then by looking at the price action a correction to 0.40/0.44
today i posted the Daily look it ´s more easy and accurate for analysis with Heinki Ashi. (less noise)
just my thought
Good Luck to all
Charlie
Criptocurrency
Bitcoin Cash hasn't even taken off yetIt has the potential to reach at least $ 1,000 this year.
Unlike other cryptos, this one has not yet fully taken off and is still below its all-time high.
It may be on its way to completing the CD path of a Crab or Bat pattern.
In bullish trend since December 2018.
The most that could go is $ 4,000.
78.6% and 23.60% of the fibo have served as resistance and support, respectively.
It is an excellent entry opportunity.
"Bitcoin cash (BCH) is both a cryptocurrency and a payment network. It was created after a hard fork with bitcoin in December 2017 with the goal of increasing the number of processable transactions."
BITSTAMP:BCHUSD
BITCOIN making your corrections! Can we go up again!?Technical analysis regarding the price of BITCOIN in relation of dollar Tether for the next scenarios, based on daily movement.
The price is with rising top / bottom formations as its main/macro trend. It has been gaining strength and is in an organic way, with a notable financial volume. In my perception, the price is correcting and may stop at the location marked on the chart. We also noticed the presence of the Elliott Waves being realized. Next, can we have stronger corrections like A, B and C to end your cycle? Who knows!?
RSI> 50 gaining strength, but falling.
MACD with buying mass driving the price a little.
Exponential Moving Averages in an upward fashion and taking parallel spacing between both, of 34 and 89 periods.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
#YFIIUSDT Trading plan!Hi friends!
For a long time, the coin was accumulating energy in the side.
A few days earlier, the price got out of accumulation and moved up.
Then it rolled back to the breakout level and rushed up again.
At the moment we have a good entry point at the breakout of the resistance level 3450$.
I plan to buy above this level.
Target 1 - 4090$
Target 2 - 5000$
Target 3 - 6930$
✔ Do not forget to trade using your own trading system and with stops!
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ReefResistances in 116 and 157
Buy zone in 84/85, if break probably go to black line and after go to 64 satoshis
Prospects in the cryptocurrency marketThis time I compare the behavior of various cryptocurrencies since March of last year with some important facts:
Bitcoin, Litecoin and Ethereum show a similar behavior, with Ethereum being the one with the highest appreciation of the 3 during the period covered. However, they all achieved triple-digit returns.
Ripple has followed a more irregular evolution, especially from the end of December, when it began to fall sharply and only in January did it begin to recover.
Mana and True are newly created, they both serve the same purpose but differently.
* Litecoin operates under license from the Massachusetts Institute of Technology (MIT).
*True was developed by a team from Stanford, UC Berkeley, Carnegie Mellon University, and Google.
* Microsoft published patent WO2020060606 in March of last year to mine cryptocurrencies using human body activity data.
*Mana is the official currency of Decentraland, a virtual world created by Ari Meilich, a graduate of the City University of New York and with studies in neuroscience.
* Gavin Wood, co-founder of Ethereum along with Vitalik Buterin, is a graduate of the University of York, with experience working as a researcher for Microsoft.
* Various companies such as MicroStrategy and Square have begun to move their balance sheets to Bitcoin, and banks such as JP Morgan, BBVA, Goldman Sachs, among others, have begun to invest in this cryptocurrency.
* Ripple was born directly from Sillicon Valey, through Ripple Labs and thanks to its founder Chris Larsen, a Stanford graduate and considered one of the "richest people in the world" in 2018.
So:
1. Cryptocurrencies are not a scam nor do they come out of nowhere.
2. There are human, financial and technological resources behind this trend.
3. They still have a lot to develop and implement, with future potential.
4. I do not know to what extent they will really be beneficial or if they are only Trojan horses.
As a reminder, cryptocurrencies are "a type of alternative currency or digital currency", "a digital medium of exchange that uses strong cryptography to secure transactions, control the creation of additional units, and verify the transfer of assets using distributed ledger technologies. "
VECHAIN DAILY CHARTWe can see how Vechain has broken the accumulation area, has looked for the bearish divergence and has made a first try to look for new highs.
What are we looking for now? We are looking for an incorporation if the price returns to the divergence again. If the price continues with the uptrend we will look to incorporate later in a new continuation pattern.