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CRPTOCURRENCY

Head and Shoulders formed for Cardano ADAOn a 4 hour chart, ADA has formed head and shoulders pattern. Though ADA is still trying to recover from Bitcon's fall earlier today. But doesn't looks like it is over yet. There are two scenarios that are possible. Scenario 1, ADA to continue to recover and continue in same parallel channel. But this looks unlikely at this stage Scenario 2, There is higher possibility of this happening. If ADA takes this route and be ready for some significant drop in ADA prices over the coming days. Currently ADA is at the neckline, which is a very critical stage. Hopefully by tomorrow we have firm decision on where it's heading. If you like this pattern, dont forget to Like and leave your comments NOTE: These are my personal notes and should not be taken as a financial advice. Do your own research
by Manjyot
1
Cycle Bottom July 2022 ( 45k )Every Cycle the price has bottomed at the 0.382 Fib ,so if history repeats that would put this cycle bottom at 45924. By following the current trend and by using the resistance line from the last two cycle peaks we get a potential timeframe for this cycle peak which would put it sometime late July to mid August. Also we get the price of 223000 , so what's interesting is that a 80% retrace from that point lands right on the bottom of this support line dating back to 2015 and down to the 0.382 Fib which also hits on this Fib Time zone on July 2022.
BITSTAMP:BTCUSD
by Sporia
7
1inch/BTC also ready to perform reversal soon? One more post for 1inch/BTC pair. For 1inch/USDT pair, you can go to my profile and find below: "1INCH 4hr chart waiting for breakout? + Project review" For 1inch/BTC pair, seems it may perform a bullish reversal soon? - Key support level 0.00007000 Sats (highlighted by yellow box ) - Dropped more than 60% for this correction - MACD almost turn to green candle. - Using Fib Retracement (1.618), 1inch/BTC pair may go to 0.00022937 Sats next round? This is not financial advice. Just my point of view. You're welcome to leave your comment if you want further discussion.
by cryptotraderman
Cardano Consolidating Poised For A Big Move To Fresh New High*Update* Currently Cardano Consolidating Poised For A Big Move To Fresh New Highs. Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9. Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control. Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08. Overall very bullish outlook on ADAD with a long-term price target of $9 EOY. A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!!
KRAKEN:ADAUSDLong
by CryptocurrencyMagnet
1
Vet Update 13 Ema about to cross up 50 SMA Buy ConfirmationVechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH , but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching the 50 SMA on the daily chart with a low of $ 0.0341. The downward pressure was met with a sharp bounce on the 50 SMA recovering in a day 24/02/21 back to the 38.20% Fib retracement level showing strong signs of Bulls still in the market. As of the past 3 days the price has been consolidating between a small range between the 38.20% Fibonacci retracement levels and 23.60%. Further to note the price on 2 occasions has tested to break below the 50 SMA failing twice signalling strong bullish pressure and signs of the Bulls to continue driving the current price to test the ATH yet again whilst also setting the sentiment of a possible new ATH at the 127.20% Fibonacci retracement level @ $0.0702. Furthermore the 200 SMA has been tested at 3 occasions on the 4H Chart, failing to break past this level. Vechain is in a perfect zone for Buys back towards the ATH . Stochastics on the Daily chart signal an extremely oversold market so expect Vet to push back 55% back to ATH levels and Further 74% to 127.20% Fibonacci with the potential to set a new ATH in the coming days to weeks in March. The Fundamentals are great for this project and we are very bullish and can see EOY price target between $2 to $5. Buy Zone 1 @ 23.60% Fibonacci retracement level for the perfect sniper entry. Be patient, wait for confirmation before entering any buy. Happy Trading :)
BINANCE:VETUSDLong
by CryptocurrencyMagnet
Polkadot Buy Signal from Script triggered Ema crossover SMA Polkadot (Dot) Buy opportunity! Potential 68%+ Gain to set a New ATH of $50 at the 161.8% Fibonacci Level. Dot's price soared to a high of $42 on 20/02/21. Since setting this new ATH , it has lost some momentum, retracing down to a low of $26 on the 23/02/21 after such an impulsive move, but currently it is still trading 45% above this low 4days ago on the 23/02/21. The fundamental outlook for Dot in the long-term is great and still very much bullish , its total Market Cap is at $33.7 billion and currently ranked 6th biggest digital currency in the world after Bitcoin , Ethereum , Cardano, Binance Coin and Tether. Over the coming month we expect Dot to retest the previous ATH of $50 at the 161.8% Fibonacci extension . Note this may not be a straight forward push, but a bullish momentum powered by 3 push phases. Use the Buy Zone area to map your entries, Zone 1 at the 23.6% level and Zone 2 at 61.8% Golden ratio. Overall, there is a high probability that Dot's price will break out higher (68% Gain from current price levels) as the bulls target the next resistance at $50.
BITFINEX:DOTUSDLong
by CryptocurrencyMagnet
The Parabolic Channel (Bitcoin)This is a follow up idea to my previous TA and prediction of 185000 cycle top for this bull run . In my last TA i go over how 185000 Bitcoin could possibly be the cycle top and today I found two potential different paths leading towards that target. White Trend Line The first path is this white trendline, you can see on the chart we have created this very strong support line since October 2020 , if Bitcoin does continue on the trendline we could see a cycle top much sooner than we think. Cycle Top July 20th- August 15th 2021 Yellow Curved Trendline Cycle Top November 15th - 1st December 2021 But by far the most important find for me has to be this parabolic channel, its a very interesting channel which shows when Bitcoin enters its final phase before the cycle top, the average percentage increase when entering the channel is 169%. If Bitcoin price increases 169% when entering this parabolic channel that would put a cycle peak at a potential 182000 to 185000.
BNC:BLXLong
by Sporia
Polygon (Matic) Buy Opportunity! Potential 50+ % Gain Polygon (Matic) Buy Opportunity! Potential 50+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Buy zone 0.618 Fib retracement level @ 0.1507. Matic seems to have found some resistance short-term at the 0.50 Fibs, wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys.
MLong
by CryptocurrencyMagnet
Bitcoin domination - altcoins in danger?Many were waiting for the head and shoulders to be worked out - but this did not happen Altseason is canceled for now, as there is a possibility that dominance will go up. Be careful those who like to trade altcoins. Maybe I'm wrong - but I'm looking forward to a big drop in bitcoin, and better places to buy alcoins in the medium term. We'll see. We're broke the descending resistance and heading upwards. Bearish for altcoins. It is better to just stay away from altcoins and not enter anything this week. Target is 65.5-68%. This Channel is not financial advise, It's My opinion and My observation: @opptrade ❗️❗️❗️Disclamer:❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP LOSS. - And I'm not responsible for your "make millions of dollars fast" gag - I am only showing you the charts that suit me for certain positions. - For each position - RESPONSIBILITY LIES ON YOU. If you don't use all of the above, your deposit will soon become $ 0 - Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be. In time, i to bee wrong too, and have a loss. But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term) I am only showing you how this or that scenario can work in trading. For all your actions, only you are responsible. 💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
CRYPTOCAP:BTC.D
by UnknownUnicorn13204076
1
XRPUSD - Symmetrical triangle breakout.Right here is the symmetrical triangle. We can see price moving in between the two trendlines. Therefore I expect price to either break the resistance trendline upward to $0.64327 or break the support trendline downward to 0.41000. Either way, I expect price to go long. What do you think? Share your opinion in the comment section.😇 Please support this idea with LIKE👍 if you find it useful.🥳 Follow me to receive more contents like this.🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓
BITSTAMP:XRPUSD
by PetrockFxTrading
5