Most likely scenario since we already have wave 1 and 2 and also wave 1 of 3 and 2 of 3 (sort of invalidated/rarified the 423% target. 161.8% is also not too probable now but definitely a considerable scenario.
Bitcoin has established value just above the range it was holding after the selloff. Currently, we are trading sideways in a very narrow range between $47.4K and $48.2K. There is a vacuum zone above to $49.7K, but we do not appear to have the strength to test it, at least for the moment. The Kovach OBV appears dead for now, and it will take significant momentum...
It's that time of the year everyone. First targets are half off. This was a low risk trade at the .618 retrace. If stopped out, will look for shorts at .786 / .887 of the move.
Technical Analysis : As the market giveth, it will also taketh
Fundamentals Analysis : #elon2021
This will be a very quick and simple chart on IOST
Now, how has the price for IOST been performing?
Well after reaching an all-time-high level on February 19th, IOST/USDT started to correct the gains towards a key pivot level shown here in orange.
-However, the launch of mainnet could create another spike towards last week’s highs or perhaps...
Just a fast idea about correlation between SPX500 (US500) and TLT.
I'm more bearish than bullish over Sp500, however I just find out TLT correlation with market. Just read more...
I was expected a major drop here in September, but seems not strong enough.
My other target is around March / April. Why? Because of...
ADA / USDT
The launch of smart contracts on ADA's public TESTNET has shone a light on old protocol design challenges.
ADA's EUTXO-based protocol design has proven challenging for decentralized application developers.
Minswap, the first decentralized exchange to launch on Cardano testnet, faced immediate scaling issues last week.
Hi Guys, We will be talking about a very bullish asset,
ASX / USDT
Axie Infinity continues its parabolic run.
The Ethereum-based NFT game’s revenue increased by over 85% from July to August. The game generated more fees than all other crypto protocols aside from Ethereum.
In August, the game took $364 million in protocol revenue, up from $196 million in July,...
We break this trendline + range high and fly. First rezistences are monthly level 0.36, daily at 0.41 and after we claim these levels price discovery mode follows us to the moon. 1.618-2.0 box is my first target area. 2.618, 3.618 next. But better hold this project forever :)
*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
I like this one. At the time of charting this it ranks #1603 on coinmarketcap with market cap $1.66M.
One to watch. For now, a small hold bag and staying bullish.
**definitely watch this space IMO**
Using naked price action analysis:
As the title says this is just a thought. Other than one extremely well hidden clue no tradable advice can be found on this chart.
Although it might ,.. this chart does not necessarily reflect my opinion on the matter.
I do not care whether you hodl, accumulate, buy short or sell longs ;) and I do not wish to persuade anyone to do something.
I never make...
Good Morning traders!
Sorry I have been absent for a couple of days I have been unwell (not Corona)
Right after my last forecast the entire crypto market had a decent pullback.
While I was calling a move higher its not unexpected and price returned to spot that makes sense.
Make no mistake this bearish selloff was market manipulation, the big players in the...
Let's review BTC after all the hype of the current pullback.
It's been amusing reading analysis from so-called experts on Reuters and Yahoo finance. The Youtube videos by 'gurus' are not funny, they are just plain sad!
So let's look at some of the arguments from the VSPs (very serious people):
1) the so-called 'crash' was caused by Hash Rate ...
Bitcoin faced a sharp selloff at relative highs at $52.8K, which brought us down to support around $50K. If you recall, we proffered a trading idea where if bitcoin could definitively break $50K, and retrace, then we would enter a long trade at this level. This trade is now in effect, and we are using the lower wick at $50K as an idea for a stop loss. A green...
#BNBUSD UPTREND ANALYSIS
i think if the bulls continue with the buying power, it can grow to the next level and after that it can grow again after consistency of price above the retest level.
- My Pivot HL is telling me that there will be another pump very soon.
- BNB is by far one of the most bullish altcoin out there!
- For expected duration of the trade,...
But in the daily time of the bitcoin trend
Quite upward and upward
After a small price correction
Can return to its own upward trend
Keep going so the holders do not
have to worry about falling
After putting the pieces together for what btc has been recently up to, i realized what ethereum was up to as well ;)
ethereum is in the midst of a wave 4 correction, within a triangle.
since wave 2 was quite simple, that makes this wave 4 complex.
to put it simply, look how beautifully ethereum has been hugging this pitchfork ~
when btc goes for the final dip...