What is the FOMO limit?It is very difficult to precisely forecast the BTC potential growth limit, but we will tell our opinion, based on some interesting notification.
Let's assume, that the 2017 year scenario will repeat. We had a base level (fundamental price) approximately $3800 for 2017. The huge growth phase lasted almost 70 days. Nowadays, if we look at this pattern, apply to the price chart, we will see the new base level is $10500. The potential target level is $25500. But it can be higher, if we calculate the new bubble highest high according to percent growth.
We need to wait the ATH level breakout, to make the new predictions.
Tothemoon!!!
Chainlinks it's leading toward the $100 USD; My 3 targets!!!In this analysis, we see that Chainlink it's leadign to the $100 USD, also, in this monthly chart I see that we're exactly for the next massive huge movement!!! Are you prepared??? Hold Chainlink or buy Chainlink while by contracts in any crypto broker or my reccomend broker called Quantfury!!!
My 3 targets are:
1. $100 USD
2. $500 USD
3. $!,000 USD
***Also, are you remember the bull run of Ethereum when Ethereum was on this price average and goes reach up the $1,000 USD. Waoh, I see that maybe Chainlink will have the same movement on what Ethereum did make.
Now, in weekly we are so bullish in Chainlink toward the $100 USD as my first target profit!!!
So, in summary Chainlink it's one o the best project to invest on 2021 and I buy 100 LINK with my earns between NEO, Tezos and Cardano when in the past days I bought these 3 cryptos. Now, I option to buy Chainlink too.
So, guys, if you like this technical analysis, please give me a like and share this analysis with your friends and traders!!!
Remember my cryptos portfolio:
1. Top #1: Bitcoin
2. Top #2: Cardano
3. Top #3: Chainlink
4. Top #4: Ethereum
5. Top #5: NEO
6. Top #6: ICON
7. Top #7: Zcash
8. Top $8: Tezos
So, the unique crytpocurrency that I want to leave it's ICON and Zcash, now Tezos it's goes to place as top #6. Because as I'm so enfocous more on this altcoin so popular, I want to enfocous more on this. Now, ICON it's a good proyect to me, but more later I want to invest in itas my top #7 or investments, but more later, not now.
So, at the moment, Bitcoin, Cardano, Chainlink, Ethereum, NEO and Tezos are my favorite, are 6 crypto. But now. as I have Bitcoin, Cardano, Chainlink, NEO and Tezos in my quantfury app. At the moment, I'm still with these crypto and not open more, left the case of Chainlink that I bought with my earnins between Cardano, NEO and Tezos. Using Quantury to accumulate satothis or Bitcoins.
And then, in that case, in Ethereum I have a good idea to accumulate and it's simply, open up a crypto exchange that offer Ethereum as deposit method, I'm interesting to accumulate a lot Ethereum for long and long term!!! That's my own plan!!! Because we're near with Ethereum 2.0 and Ethereum could make higher!!!
BITCOIN Analysis 20204 years ago when I started to invest in Bitcoin at USD 4.000 I didn't have half the knowledge I have today but I could see price heading where it is today.
Today I'm posting this here to check in the future in a horizon of 5-10 years and see how things will be developed.
Any ideas are welcome to discussion, my only regret with Bitcoin is not buying in 2012 when I started following it and a friend always telling me to buy it. Well, it's never to late comparing to the stage we are in the world now.
I will be waiting for my next buys and let's see how it rolls
Bitcoin price movement scenarios Hello, dear subscribers!
Today is a very important day for the definition of the future Bitcoin price movement.
As we can see on the chart, there was an ascending triangle on the global uptrend which was broken up 4 days ago. The price became falling on 13th November and formed the expanding wedge.
Now the price is testing the support line and its potential breakdown could mean the downtrend continuation. On the other hand, the bounce off this line means the potential future price growth in case of crossing the wedge resistance line.
This pattern analysis is strictly confirmed by the indicators. The ADL line is in the uptrend, while the price is in the downtrend. It means that the trend reverse could be. The stochastic RSI is also confirm the increasing bullish activity: it is in the oversold zone and ready for the reverse.
We are waiting for the key moment to define whether the BTC price will go up or down.
Alpha Finance LabSalve
lets talk about a new fella today, Alpha
Alpha Finance Lab describes itself as a cross-chain DeFi platform that will interoperate and bring alpha to users across different blockchains such as Binance Smart Chain ( BSC ) and Ethereum . Alpha Lending, the first product built by Alpha Finance Lab, is a decentralized lending protocol with algorithmically-adjusted interest rates. ALPHA is the native utility token of the platform. Token holders can earn a share of network fees by staking ALPHA tokens to cover any default loans. The ALPHA tokens can also be used for liquidity mining and governance voting.
Alpha Finance Lab will implement governance on two levels via a Decentralized Autonomous Organization (DAO): product-level governance and Alpha Finance-level governance. Product-level governance will allow ALPHA token holders to vote on key parameters of specific Alpha products. Alpha Finance-level governance will allow ALPHA token holders to vote on how the portfolio of Alpha products interoperate.
Website: alphafinance.io
This chart is still young though so anything can happen, be careful.
We will see many, many altcoins grow for days, weeks, and even months.. Eth: You talkin to me?!
last question: Can Alpha hit 0.15 ??? Answer: Fuckin A
Buy & hold...
Wait patiently...
And then enjoy the profits as they come.
Ciao
Third Time’s the Charm! Bitcoin Achieves Resistance BreakthroughBitcoin has already tried and failed to break the newly formed $16,000 resistance twice. The third time was a charm and a breakthrough was finally achieved.
Current Uptrend Analysis
Since October 8th BTC has been in a near-constant uptrend, growing by more than 50%. One of the best indicators for judging the uptrend on the 4h chart is the 50 EMA. The 50 EMA has stayed below the price during this bull run and acted as a support upon which the BTC’s price has retraced to, before pushing higher. The 50 EMA acted as support after both failed attempts at breaking $16,000.
The Bollinger Bands have also been a useful indicator to judge this uptrend. When the Bands widened, the volatility increased, and BTC showed a clear trend closely following the upper band. When the bands tightened, BTC was locked in a range. The Bands are currently somewhere in the middle, not very wide but also not very tight.
Another critical aspect to note is that we have seen BTC making higher lows during this uptrend. The fact that it continued making higher lows holds weight, as it showcases that the coin is still very bullish, and the uptrend doesn’t look like it will face a significant correction at the moment.
Breakthrough
Yesterday Bitcoin finally succeded in breaking the $16,000 resistance. The price has edged ever closer to the resistance, and then it finally achieved a breakthrough. The price may now retest $16,000 to confirm the breakthrough before moving higher.
The next target for Bitcoin now stands at $17,000. This level acted as an important resistance during the December 2017 bull run.
PULLBACK IN ORDER FOR BITCOIN?Sup cryptomaniacs
Bitcoin climbed beautiful as my last prediction, now what im seeing is abit of exhaustion with a pullback on the cards.
It had a very nice run, but the wings need to cool abit.
This just means more buying potential!
As always, keep the risk managed
Cheers :D
TSLA is ready to fly! I would go long position because:
1) the very strong of line support (+ $410 +/- $3)
2) the dominant trend is up -> the break out chance to go up is 1%, so 51% chance to win. I would bet TSLA going up.
If my dominant trend blue line is broken by solid red candle, I would short them then. buy the chance is too super low (49% lol).
XRP IN GOLDEN ZONE!So Im super new to this XRP space (2 weeks) and I thought I might fish for some feed back. (I hope I get this right.) TLDR below.
Since the beginning of of Ripples drive to Lobby for crypto regulation a clock started. A slow count down to D-Day, when the flood gates would open. That seemingly over night millionaires would be made and all the doubters would be put to shame. I don't dispute this hypothesis it is evidenced by the ODL credit line functionality which is Ripples business model/ use case.
However before we get there. There's a little gap regarding the regulations of all the individuals (not Banks) that are currently holding XRP. One concern is all the individuals who don't actually have keys to their coins, i.e. all those who purchase keyless/ on exchanges. Those who can't participate in the spark drop. This revelation was not welcome but it seemed like some digging had to be done.
What will you find out? I don't know? ( please let me know what you find/know )
Well what did I find? What I fond was that there's a difference between crypto wallets and proxies, and if you're not cold holding you're crypto you're probably SOL. Why? Because you can't authenticate and subsequently claim upon something you don't own. Now initially this made me mad because it meant I was playing it wrong, alas YLYL. But then my mind got to think what other things could those HODLers do that I can't? Then it hit me. They could play the game of the Royals.
Let me explain. The use case states that XRP will be the currency of interbank transactions. So in theory holding XRP as a store of value is inherent to its purpose. Sadly in the short term this means price action won't be parabolic until its commonplace to have 100's of billions and eventually trillions in market cap (FYI this is one play. A very Long Play)...). In other words to Ripple's aim is to have an established bank with a sizeable market share of global transactions.
So then what's all the hype about swell and Spark? Well from what Ive gathered swell and the extremely rapid regulatory reform are the bell that set off the gears clock. If you are an Owner either by hardware or key-enabled exchange user (true ownership), then you have the unique opportunity to play the game and participate in the merger of Ripple Net and EtherNet. The significance of this statement is cause for celebration!
But what does this mean for price action?
Well as much as I'd like to imagine I have a crystal ball, the honest truth is I have no idea. But if you're looking for a short term approach here's what Im thinking*. Though the bell has been rung and the FOMO is set to raise the tides. Market participants should be mindful of what the reality may turn out to be. XRP has been dormant for the better part of 3 years now and there's a lot of heavy pockets just waiting for a pump and dump. Now this should not be too scary for those who hold my original hypothesis, it is my belief that they only seek to take partial profits on their journey to the moon. But for the gullible, fearful, weary and the greedy. Dec 11th will be the opportunity of a life time and there is no telling how bad the selling may get, when you could be faced with returns of 100-4000% in the green zone. Only an idiot would keep the whole lot! On the flip side it may be an exercise in discipline or for others faith (do note like anything in the world tits up is an option).
So that it either you hedge on spark, stay the course or (my position) play the game of the royals. How..... well I think I've left more than enough vagaries for you to clump together.
TLDR: New to XRP/ baffled by why wallets are important/ claiming spark is hard & smart/ expect the swell to fluctuate when the tide rises.
Is LINK Regaining Bullish Momentum?As a decentralized oracle critical to many DeFi projects, LINK has had a fantastic year in 2020, pushing up gains of 1,000% at its peak of $20. However, since Mid-August, the token has been caught in a descending channel. LINK recently broke this channel, and many people are now wondering whether this is the start of a new uptrend or a temporary move before continuing its downtrend. Read on to find out!
When Can we Confirm an Uptrend?
After bouncing off the $7.3 support level, LINK broke the descending channel and attempted to break the resistance between $11.3 and $11.85. However, just because it broke the descending channel, that doesn’t necessarily mean that it will now start uptrending. The token may consolidate for a while before beginning an uptrend.
LINK made a new high following the bounce at $11.2, just before the resistance. Breaking this resistance is critical, as it will be seen as a higher high and a confirmation that we are in an uptrend and not in a consolidation phase.
Looking Ahead: If LINK starts an uptrend, the next major resistance levels on its way to the all-time high are 14$ and 17.5$. If the support breaks and LINK starts a downtrend, then the next support levels stand around $6.6 and $5.7.
BTC Macro Outlook: Critical Point at 10850HIGH TIME FRAME:
1. Ascending TL support from March Dump with potential backtest as resistance. Rejection of 10850 is very bearish
2. Descending TL resistance from early August testing again as resistance. 3rd test of this TL. More tests = weaker S/R
10850 is critical S/R for TLs. Watch carefully
3. 12H RSI is has retested orange MA (30 day) as support. A bigger bounce would be good confirmation
4. Daily RSI is at the 30S MA, so could go above or below...
5. OBV steadily rising all the while
LOW TIME FRAME:
1. Ascending triangle consolidation under 10850 resistance. Ascending triangles tend to break more so to the upside.
2. 1H RSI bullish divergence in this triangle
3. Long tail wick off of 10550 S/R area. Critical support to hold, and it bounced with strength.
4. OBV rising within this consolidation. Volume confirms direction of movement.
KEY AREAS TO WATCH:
1. 10850 is critical horizontal and descending TL resistance
2. 11000 is ascending TL resistance. We could potentially break 10850, but reject from 11000. Rejection of 11000 is HTF TL support flipped resistance from March. WE have been in as uptrend until now, if that occurs.
INVALIDATION & TARGETS:
1. Break 11000 and next major resistance @ 12500
2. Reject 10850 and next major support @ 8900
On the way to 20k !? 🌌Is Bitcoin gearing up for a new all-time high?
The "to-the-mooners" 🌚 will blatantly nod their heads, but also the Elliott waves might suggest that a new all-time high is coming. However, this bold statement comes attached with some conditions. Most important, we need at least a corrections to price areas of $8200, where the ideal price target for a wave 2 is situated. We highlighted the area with a yellow rectangle, indicating a potential turnaround zone. From there, the bulls need to launch the rocket to initiate a first impulse movement with a solid 5 wave pattern. The next weeks can be crucial for Bitcoin and might pave the way for new all-time highs! No, go zone for the current correction are price areas below $7243 as chances of a bigger correction increase.
Call your trusted Lambo dealership in advance; they might be running out of cars shortly! (please mind the irony) 🏎️
What are your thoughts?
Happy Monday!
ONE FINAL DUMP FOR BITCOIN! NEXT TO THE MOON?! BTC/USDTHE QUESTION EVERYONE IS ASKING, HAVE WE REACHED THE BOTTOM YES OR NO?
IN MY OPINION THIS IS STILL NOT ACHIEVED. HERE'S WHY;
CME-GAP: ALTHOUGH WE HAVE ALREADY TOUCHED THE CME-GAP, BUT IT IS NOT FILLED YET. IT WILL LIKELY BE FILLED, IN THE NEXT HOURS / DAYS.
DAYLY RSI NOT YET IN OVERSOLD AREA: WHEN WE LOOK AT THE PAST WE CAN NOTICE EVERYTIME WHEN WE HAVE EXTREME DOWNWARD PRICE ACTION THE PRICE BOTTOMED OUT AND TURNED WHEN WE HAVE REACHED THE OVERSOLD AREA ON THE RSI.
SUPPORT ZONE AROUND $10100 TO $10500: WE ARE CURRENTLY MOVING INTO THE MAJOR ZONE FROM $10100 TO $10500. HOWEVER THIS IS NOT BEEN BROKEN YET, IT LOOKS LIKE IT WILL BREAK. SIMPLY BECAUSE WE ARE CONTINUOUSLY TESTING THE BOTTOM LINE OF THE ZONE. AND THE MORE A ZONE IS TESTED, THE GREATER THE CHANCE THAT IT WILL BREAK.
MAJOR TREND LINE: IT LOOKS LIKE WE ARE MOVING TOWARDS THE MAJOR BLUE TREND LINE, THIS TREND LINE IS ALREADY ACTIVE SINCE THE 2019 DUMP. EVER SINCE, IT HAS SHOWN IMPORTANT SUPPORT. AS LONG AS WE STAY ABOVE THIS LINE IT IS STILL BULLISH IN MY OPINION.
Last opportunities to buy cheap Bitcoin before 300k 🚀OK m not big into meme projections since I am more a trend and support/resistance trader but I think Bitcoin will print something like this.
Bitfinex show huge order cluster between 8.8 to 8.6 with more than 700 Bitcoin (spot) protecting the range. Hopefully will hold any attempt to pierce but at same time it feels that sell pressure has vanished.
Overall i think is really bad idea to risk shorts because when it pumps (specially if market makers decide to front-run everyone expecting a dump) it will be brutal.
TSLA to $540Tesla keeps following the same exact pattern. runs up $65, falls back. runs up $65, falls back. TSLA will most likely be included in th S&P 500 this week which will most likely rocket the stock to even more ridiculous levels. My price target is $540, but... For some reason, I feel this is going to $700. we shall see
Debit spreads
Updates: Bitcoin is in this bullish channel:Hello, In this updates, Bitcoin in H4 timeframe is continue bullish, there are anohter interesting position in long position until the $12,100 as take profit, you can to invest other 0.02 lots of Bitcoin, as I have 0.02 BTC invest, I invest other 0.02 lots in BTC to the take profit of $12,100 USD.
This channel, it's could be to explode in any moment that is a boughts that bulls are defeating the bears zone. awaiting of it. So, I add another 0.02 lots with a SL at $11,450 USD.