Hello Compared Coinmarketcaps data with tradingview and kinda went with it.. Hard to structure reliable predictions in so young market (altcoins), with so inaccurate data. New technology comes with unnatural gains. Will see.
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There are 3 possible scenarios: 1. Alt season 2. Consolidation 3. Breakout Alt season: The more the BTC dominance falls, the closer we get to the alt season. in that case, it will be time for altcoins to play the market and we will experience heavy pumps by backed coins such as ETH, TRX, XRP, BNB, and so on. Consolidation: if the dominance stays the same we will...
This currency pair seems to touch the resistance line and then make a reaction to it, it is also corresponding to the upper trend line made by linear regression.
In bitcoin we trust! Though we've been in correction for a while, it is essential for a healthy trend. What I did was basically plotting the regression channel of each minor trend. Then by casting the minor uptrend's regression channel (shown in the chart as a wave B), we get a nice short prediction pattern which also fits to the support and resistance levels.
If Ethereum breaks this strong support level convincingly, the price could fall below 1400.
Like we see in the graphics LTC hit the roof bouncing down %10 with the possibility of bouncing up (green) or keep in regression % 21 till the 0.618 of fibo in the weekly like it did before(orange). Personally I'll wait how the market behave before to open a new position. Have a good trading and stick to the plan. Dont forget thumbs up if like the idea.
Here is why Winklevoss brothers estimated high prizes for ethereum in bullrun peak. Do remember to start taking profits / liquidity as we approach the target bubble. As Ethereums progression reachhes 2.0 (small steps), things are gonna get excited!
Price has found support at above neckline of head and shoulders (H&S more apparent on lower timeframe but easily seen on rsi). Rsi also find support at neckline. (You can read Rsi same as price action in most cases). Now middle of regression line (dashed black line)is support. Green arrow is proposed path to 1st target and second red arrow proposed path of...
Consider taking some profits in the coming summer.. there will be bear year after this run. Also possible altcoin fluctuation, maybe possible to make gains after bitcoin has reached its peak. But everything will fall drastically after semester. Sorry strange english, my native finnish brains make Ralli-finglish sentences.
DOT is no Ethereum killer as many of its parachains within the ecosystem are using Ethereum blockchain and not native to DOT. Nonetheless, it is quickly becoming the force to be reckoned with acting as a base layer for many interesting use cases within the DeFi space. On of my potential long-term plays in crypto. Good time to continue to accumulate at various...
Found more early market data and tried some colouring.. Have to convince oneself after few days downhill, remember The Big Picture.
For those bullish on bitcoin and wanting to buy the dip, you now have a window of opportunity. It's unknown how much longer this will last, but HODLer's always win in this game. Ichimoku indicators are all bullish (white line above price, blue over red, and price above cloud.) There is no significant weak spots in the cloud (green shaded area). 40-45k seems to...
Was Jack Dorsey correct in predicting "bitcoin would likely become the single global currency within 10 years, “but it could go faster.” back in 2018? Trolololo's famous 2014 regression predicted a price of $100,000 for bitcoin by July 2021 after correctly predicting a price in excess of $10,000 in 2017. The $100k target remains to be achieved, but seems likely...
If ES breaking below central regression channel (white solid line) then go short on retest of white line. Look at confirm indicators. Headed below ATR (green line) Rsi to break below 50. Be careful though because this is a line and could go long again. Only enter if 4h tf low is below center white line. Otherwise you do not enter. If shorting but turns to be...
Trying to find bull - bear cycle levels with clean chart. BTC is the best Store of value during our generations. (and while ongoing monetary policies exist)
ZUO is beginning to breakout on the daily chart from the long term bearish trend line (purple) after crossing over the 200 period MA (yellow line). There is plenty of support from ichimoku clouds (green shaded area). The regression channel (red and blue shade) shows a 96% correlation which indicates this is a strong bullish trend (thick blue line). Bulls should be...
This recent move in GME has be extraordinary to say the least but what matters now is when to temporarily put the controller down and take a break. On a short term basis I am watching the regression channel from the past two days. While we remain in the channel the game is still on but below the channel means its time to rest your fingers