Is #DeFi Blockchain’s Killer dApp?
Over the years, talk about what blockchain’s best use case is has turned from gaming to cloud computing, and over toward more obscure possibilities.
As time goes by, however, it’s become apparent that money is what blockchain does best, especially when that money, and the way it’s invested, is decentralized. #DeFi, short...
Priceline of Ethereum / Bictoin has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this area.
We have a strong support of 100 simple moving average beneath the PRZ level.
I have used Fibonacci sequence to set the targets:
Buy between: 0.021817 to...
It has shown its resilience from any market conditions, XRP was trying to be runner up.
But everyone knows what's behind these two projects and what really distinguishes both.
For the last several days, we have approached the Ethereum (ETH) story by looking at ETHBTC. Our thesis is that we are looking for Ethereum to lead any future crypto rally.
Evidence that Ethereum (ETH) is leading would be created by a move in ETHBTC above the point where the last decline started. Elliot Wave practitioners call this point the previous 4th. We are...
Hi Guys!
Today we have a prospect of the future price of ETH.
So each time there was a hype for this coin we could count on 1650% - 1850%.
Once it happened in 2016 just in 84 days.
The second time was in 2017 and took two times longer 168 days.
We can take the average of this time period in order to estimate the time needed to reach another hights. This will...
I've been studying this chart for a while
The squares are drawn on the Monthly time frame, but I had to check the Weekly time frame for the RSI
Looks like history is repeating itself
The chart, the patterns, also the RSI?
By this I don't mean XRP will hit 50 $. Looking at the previous pump the target is orientative!
Coincidence? I don't think so!
Cannot wait...
Research is all about themes and imagination. As I'm sure you know, our most prominent theme was Ethereum (ETH) has the power to lead a crypto rally. We also believed that Ethereum (ETH) had the potential to lead the market and outperform Bitcoin (BTC) in a rising market.
Looking at the chart of Ethereum (ETH) vs. Bitcoin (BTC), we are seeing ETHBTC is wedged...
A Chart For Looking into The Future
BTCUSD Analysis -
After We Topped At $13850 We Correcting Ever Since Then In An WXY(3-3-5) Correction, Which Give us the target for bears at $7000-$7500. This Price is looking really good to buy, Or maybe its your last time you will see Bitcoin in this price i'm targeting $70,000 To $80,000 Per...
Hello, Traders!
Monfex is at your service and today we overview ETH/USD.
What do you expect from Ethereum ?
In the mid-term, there are 3 points of resistance:
the middle line of the downward channel along with MA100;
price and psychological resistance ~ $ 200;
volume resistance along with the downward channel resistance line.
RSI is overbought.
What to do...
Monfex is at your service and today we overview ETH/BTC with ETH/USD.
What do you expect from Ethereum ?
ETH / BTC
It has recently touched the support line with a false breakdown of it, but this may be for us as a sign, a warning. RSI is overbought.
There is a strong level near 0.0180 and it is as our target for a short on the breakdown support line near 0.0195...
I think the monthly downtrend might end up failing to reach its target, if $ETHBTC holds over 0.0213 it may go up rapidly in the next 13 days.
If it does, it could retest the monthly downtrend invalidation level, before the ratio has a chance to reach the bearish long term target I had outlined before. In that event, $ETHUSD may start to outperform $BTCUSD as both...
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