All across the crypto space, we have been grappling with an EWT wave 4 consolidation since the summer time. It has provided fantastic entries for those late to the game. I am of a firm belief that this window is now shut, and the final W5 to finish this cycle is beginning.
If I were taking a guess at the ST trade, I think we mirror the last 15 day cycle based...
This kind of analysis is not easy to visualize.
Basically you can see the 22.5,30,45,60 & 90deg cycles (within a ten year cycle) forming over time here.
When the cycles meet there are big moves. Starting date is a bit unclear, I began 45 deg previous to the top of the june 2011 bubble.
Could move earlier to june 2010 bubble if I had that kind of data...
Strong support since may 21 is maintained by Cosmos, if this support does not break then 1 more All time high may occur, and most probably this will be the last ATH and cosmos will down then... lets hope for the best...
The idea to take profits when ETH moves out of the pitchfork was successful. But there was another hint: Fibonacci time. The scale (blue vertical lines) are the Fibonacci extensions from the previous wave on the time axis. Each Fib coincided with a local top or reversal. The next one is 29 November.
We can count an ABC pattern (in blue). Alternatively...
Data suggests that a spike in Twitter mentions preceded big fee rallies in at least five altcoins.When crypto buyers win huge, they frequently take to Twitter to percentage the joy. They tend to do the equal for sharing painful stories of having wrecked, discussing promising new assets, or sharing perception and predictions on which initiatives can become the next...
There i am trying to tell to every member of my group, i have mark support and resistance level what does it mean Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the crypto increases, thus forming the support line. Meanwhile, resistance...
USDZAR on the weekly perspective is currently at the resistance or very close to.
The resistance is a key resistance level, which means the Bears have upper hand than the bulls, except the Federal Interest Rate on USD, makes the USD Bullish.
Trade with proper risk management, knowing it might take time, but you will get there.
According to the Ultrasound.Money fee burning tracker, around 15,000 ETH ($65 million at current prices) is being burnt daily. When factoring in the rate of new ETH being created, Watch the Burn reports a weekly net issuance of minus 8,034 ETH (roughly $34 million) at the time of writing.
Since the London upgrade, more than 724,400 ETH worth $3.1 billion has been...
It’s time to dismantle the surveillance state engendered by the Patriot Act. It’s also time to invest in and build alternative technologies that would make the law (partially) irrelevant. Issued in the name of collective security, the law eroded some of the most basic protections you might expect in a liberal democracy.
Yet, while I’m sure Musk would be happy to keep growing Tesla’s BTC stash one car sale at a time, I strongly suspect that isn’t his only or main motivation. Rather, my gut is that the payment option is at least in part, if not primarily, a clever marketing maneuver.
Ethereum has remained strong but slow this year, which has a lot to do with the failures it has faced, or challenges it has faced in becoming scalable. It was first to come out, as a leader of the pack, and showed other projects what not to do. But, it still remains very much a leader today, and I wouldn't be surprised if this eventually jumps Bitcoin for...
On the weekly chart we see a large pattern forming, my bias is to an upside break to continue the rally from earlier this year.
Once a weekly candle closes above this pattern expect new all time highs in weeks/months.
If prices fall out the bottom of this pattern and sets a weekly close, that would invalidate this idea.
Risk to reward ratio on EGLD looks very attractive right now.
1. Its just broken bullish out of a huge pattern
2. DEX is due to launch soon driving up demand
3. wen coinbase listing <3
$400 is the most conservative target.