It is not occasionally every time we point that we do not consider any long positions on BTC market, despite that show you bullish patterns from time to time. Based on our Fundamental view - it is too early to speak on reversal as Fed has not started the tapering yet, but BTC already has lost 60% of capitalization. So, our approach is to watch for...
In today’s idea I will review a few ways, in which I think Bitcoin could go in the next few months.
1. Bullish scenario (in green) – for this to play out, we should go a bit more to the downside. I think there is a possibility for that, because we still have not seen enough buy volume, which means the real bottom is not in. So, we can see the last...
Pivot Point: 1075
Currently: Resisted at 1040 and retraced back to 993
Reaction: Consolidating at this 1153 level , its next support zone is at 1237
I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on tradingview~ Wish to receive some feedbacks from you! 😊
Btw you can feel free to use our designed indicators!!! Just...
Believe it or not, Ethereum will go down to it's 2020 lows of $85 again.
And it's going to happen pretty fast. I believe it will go that low within 4-8 weeks. Chart looks completely broken.
My targets are the following:
TP 1: $800
TP 2: $570
TP 3: $400
TP 4: $250
TP 5: $100
Ethereum looks very bearish both against the dollar AND against Bitcoin. I believe...
What Is Ethereum Name Service (ENS)?
Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS converts human-readable Ethereum addresses like john.eth into the machine-readable alphanumeric codes you know from wallets like Metamask. The reverse conversion -- associating metadata and...
What Is THORChain (RUNE)?
THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.
With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to...
Guys I noticed something last second and now I'm almost positive that I was wrong. The yellow line here is the midway point for the new fib circle, the large one that we're hopping into. Those are almost if not always used as support or resistance lines for the price inside of fib circles. The placement of it is so perfectly aligned with where I could see Bitcoin...
BTC scalp buy to 22k region, as we can see a Shift in market structure that broke to structure to the upside, liquidity engineered, finally waiting for price to retrace to the demand and a push to 22k. But we saw price decline at the FVG, there was a raid and we waited fo price to retrace and test the demand zone.
Hello traders, ethereum may bounce back up since we just got into the second half of the year and we shall see certain corrections on the price. currently on a range in which sellers are in control. buyers are creating a flag trying to push price higher with no success. lets wait to see by the week what we will get.probably shorts.
Bullish order blocked filled at 1008 area after a capitulation chart pattern while currently forming a double bottom on the 4hr time frame .. I see bullish momentum forming . Like or comment what you think about my idea ..I’m just reading the information I see
Theta Network (THETABTC) did not produce a lower low on 13-June, instead it happened earlier, signaling that this is one of the strong pairs.
We can see THETABTC already trading above EMA100;
Also strong above EMA50.
This pair can easily continue growing.
Note: On a drop/flash crash, the low set at 0.00003718 will work as support.
As long as this level holds...
The last bullish wave for Amp vs Bitcoin (AMPBTC) lasted 5.6 months or 168 days.
This wave produced a total of 2121% of gains.
A similar pattern is likely to repeat; A new bullish wave.
Smaller potential this time around but still strong.
AMP Bullish Signals
We see a long-term higher low;
We see a strong bullish "wake up";
We see a long bear cycle that...
BTCUSD Daily neutral with a bearish bias. Recommended ratio: 35% BTC, 65% Cash. *Bitcoin has been testing $20k (a critical psychological level) for nineteen consecutive sessions. As many cryptos have returned almost all of their gains after March 2020 (when Federal Reserve dropped rates to 0.25% and started aggressive QE and Congress began issuing stimulus...
We have the same pattern also for Arweave (ARBTC) but we will look at it in the C&H way.
We have the cup and handle pattern with a bullish breakout.
The day that ARBTC went above EMA50 is also the second highest volume day for this pair on this chart.
Signaling buyers pressure (strength).
When a pair is trading above EMA10 we say the short-term potential...