Cryptocurrrency
BTCUSDT IMPORTANT UPDATE 🚨BITCOIN PUMP IS COMING! BUT DONT FALL FOR IT.
We are currently forming an inverse head and shoulders pattern on bitcoin, confirmation will happen once we see a rejection off of the neckline which is at the price of $25000. We will see a pullback down to the green horizontal order-block, then pump until $30,000 which is a very important resistance. It would be hard for us to break it, it will take a lot of time, and we need a lot of liquidity to do so. I'm expecting the first retest there will be a large rejection. Might take us to the monthly level of support at the price of $12,500.
XRP/USD Pheonix Formed By All Time Chart, Coincidence? Probably.As RippleLabs and the SEC finish up a battle over whether Ripple sold unregistered securities, news is coming out putting XRP and RippleLabs in a positive light regarding the case. Meanwhile XRP is still being adopted globally while RippeLabs hires more people.
In contrast, generally negative news about overleveraged crypto positions by exchanges, the minting scandal at tether being reported, inflation numbers, the recent market downturn, and liquidity being scarce all seem to have a favorable outcome.
So while crypto burns, XRP appears to follow the XRP Army march that XRP is a crypto being reborn from the downfall of the rest of cryptocurrencies into a well regulated market, XRP as the example. I believe in XRP already, there is plenty of reasons with proof, but this salient impression that the chart actually forms a rough pheonix is making it hard to not believe great things are coming for Ripple and XRP. Maybe the XRP Army will get "all the money"
BTC ANALYSIS#BTC UPDATE.
#BTC is currently testing orange box resistance box area,a close above this would take btc to 20k level,however rejection from here would take btc again to red box support area.
TLM is Primed! This is the time to stock up while its still lowTLM has been known for some big moves. It used to be $7 at one time. If you belive that BTC will return to the 60k all time high this is a hold because this should also return to hits prior highs and beyond if BTC reaches that magical 100k number people think it will this time.
As you can see (Zoom in) the ribbon cable only needs a very tine push in price to go over it. Its at the best price your going to get going foward. It's broken all prior downtrends and is fresh for the next run. You can double your money if this goes to 0.06 , tripple if it goes to $0.09 ect.... Don't wait to long once volume picks up these cheap prices will be Gone.
ETHUSD Lower Highs and 1D MA100 are the key. How to trade those.Ethereum is currently testing its 1D MA50 (blue trend-line) and even though it has marginally broken above it three times since December 09 2021, it failed to hold a sustainable rise and got rejected under the pressure of a Lower Highs trend-line.
The very same Lower Highs trend-line has been seen during the previous correction and subsequence Accumulation Phase on ETH's bottom, below again the 1D MA50. However, it was when the 1D MA100 broke (green trend-line), which happened to be just below the 0.382 Fibonacci retracement level, that ETHUSD confirmed entering a bullish trend long-term.
We just so happen to be on a similar situation now, with the 1D MA100 declining rapidly near the 0.382 Fib. We monitor the price action first for a break above the Lower Highs trend-line and then for a break-out above the 1D MA100, in order to confirm the bullish reversal on the long-term. In that scenario, look for a first High near the 0.618 Fib, as in August 2021, which is currently just over $3800. If the Lower Highs trend-line rejects the price again look for a pull-back towards the 2160 low again.
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BTCUSD Cryptos Bullish or Bearish ? See what I think· M ·
Created a HL position with a thick previous bearish candle. Target to area is retest 50% of bearish wick.
· W ·
Last week ended with a bearish candle for a higher right leg double bottom. can be seen as inverted h/s if you include the liquidity wick.
· 4h ·
4 rejections of strong demand zone.
1. Bullish Engulf
2. Pin bar wick to the bottom
3. Bullish Engulf
4. Morning Star
· 1h ·
Crossed over SMAs with the 8 ma begging to cross over the 50ma. Currently at retest.
SHIB lotto updateNot a financial advisor.
SHIB has been gaining a lot of hype. Called this from September 11th. This was a lotto play. Well played, hope you all are enjoying the ride!
We recently saw a major pullback and cool off from the .000037 I have a new price target of .000047 with potential to keep riding higher to .000054+ We are seeing fomo kick in hard here, however we are still holding support very well! Careful with entries! Don't buy the tops!
Long Term Target .00014+ I think this will reach beyond a penny. Please DO Research!
Great news came today with the announcement of NOWPAYMENTS = token burn. = $$$
I like this project long term. Momentum is very solid, I still believe in all time highs to come.
Any Elliot Wavers here? Y'all are banking on the trades.
I am holding a core long term ( YEARS) Trading a position to accumulate more. Buying pullbacks as long as the trend continues to say so!
Careful with buying at highs! Don't want to see people get burned!
When do we think Robinhood is coming? Any thoughts?
XRP October 1, 2021 - Message ReceivedWe posted a few days ago that the next 48-72 hours, XRP would have to either obey the trendline and head higher, or obey the fractal and head lower. After a few days of coiling and delaying its decision, XRP broke to the upside today, briefly nearing $1.06, but settling back down to around $1.00 and trudging slightly higher throughout the day to where it sits now at around $1.03.
We think this is enough to declare that XRP has chosen to trend upward pursuant to the trendline, as opposed to lower pursuant to the fractal. We are NOT out of the woods yet, however - BTC is facing a resistance line that it has failed to clear several times now. I posted a chart about that, I will link it below.
We have a few choices now. We can head back down and scrape along the bottom of the trendline, or we can head up to around $1.15 and face our overhead resistance. Either path will coincide with how bitcoin acts. In fact, the entire crypto market as a whole seems to be facing interesting decisions like we see here in XRP and BTC, and even the altcoin market cap.
The most volatile market in the world is in store for....volatility.
With that said, depending on how things shake out tonight and perhaps tomorrow morning, we intend to update our analysis and point to where - or should I say, "when" - XRP is in its fractal. It excites us to think we could be as far along as "October 6th" according to the fractal. The fractal there suggests $1.30, but depending on how things play out, we think $1.15 might be good enough. We will have to see.
Either way, hope your bags are mostly packed at this point. We believe capitulation is less than 2 months away - and indeed could be sooner even than that. More pain is likely on the horizon. We predict there will be at least one more terrible shakeout immediately prior to capitulation, but that is for a later time and I will sound the alarm as far in advance as possible. Things are always exciting when it is a green day, but remember that it also means paying more today than you did yesterday.
Best,
Buster
CAKE - looking for longs Here is cake on the 1h timeframe, the reason for us being interested in this coin is that we have a daily uptrend which we have identified, it also looks like now we are about to see exhaustion to that trend and also a 4h level of buy pressure that will send price to the upside. For this trade to be valid we need to see full and complete exhaustion to this level and the uptrend then wait for entry confirmation which will be a significant pin bar on the 1h or a bullish engulfing candle signalling buyers are coming back in.
BTCUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BITCOIN (BTCUSD) – Week 25 – Nothing clearParaguay’s Deputy of the Nation, Carlos Antonio Rejala Helman, has confirmed that new legislation in regards to Bitcoin will arrive in July. This comes amid growing adoption in Latin America led by El Salvador, which could be followed by Panama as well.
With Bitcoin (BTC) mining concentrations increasing in North America, Miami Mayor Francis Suarez wants to make his city a crypto mining hotspot. Mayor Suarez told CNBC on Thursday that he has invited global mining firms to explore setting up data centers in the area. According to Suarez, Miami's abundant nuclear electricity supply could entice Bitcoin miners wanting to switch to clean energy sources for their operations, particularly given the current focus on crypto mining's alleged carbon impact.
In other news, according to a recent press release, BBVA, Spain's second biggest bank, is now offering its first cryptocurrency trading and custody service to all of its private customers in Switzerland. The bank will start with Bitcoin trading and custodial services, possibly expanding the list of digital assets in the future.
Technically, Bitcoin is still moving in the range created by the resistance and support areas. In the short term any move up or down is 50%-50% in our opinion. Once the price reaches a certain area of S/R then we must study the structure and decide if it’s going to break the range or continue to trade in it.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Cardano consolidated for long enough to explode higher!Not much to say here. The listing on Coinbase is a big plus, for a coin many people talk about and is ready to move higher. All support levels have been retested, we had a big drop that took everyone out and now it is getting ready to move much higher. The setup is just beautiful.
BITCOIN Bounce Off Support.Here's a quick look on Bitcoin daily chart. A couple things to note here:
1, BTC finds support at 100ema and Fibonacci (secret) level.
2, Rejection wick on the daily candle and RSI near oversold level.
Who knows, this rally could retest the high and possibly make a new high, or a lower high and perhaps a continuation lower.
P.S. Yes, this is my other exclusive chart template. ;)
Happy Trading folks!
Cheers! :)
ZEC/BTC Main trend Channel The price is at the channel resistancThe main trend. Downlink. The price is at the zone of its resistance. Below the downtrend, a triangle-like formation with a base of 123% has formed. The price has overcome the secondary downtrend quite a long time ago, during the formation of this "triangle".
A breakout and price fixation above the downtrend will reverse the trend.
It is also worth noting that this is an "anonymous coin" that will be used in a future FUD news game to guide prices from BTC. I think everyone understands that there is no anonymity, everything anonymous is created only in order to find out that you have anonymous.
Big News: Cardano Holders are ready in this bull rally!!!Guys, the time it's now for Cardano. For me, as Cardano was beated by XRP. As XRP it's another giant cryptocurrency. I don't have any doubt that Cardano it's a giant cryptocurrency, and also, for me, Cardano it's the best cryptocurrency. For that, I want to bring you what comming on in Cardano. Right now, Cardano price it's around of $1.30 USD. And we see in Daily timeframe that Cardano form a big simetric triangle, that it's an accumulation cycle that Cardano need to take off before to continue exploding more. For now, I believe that Cardano it's very soon to explode toward my next target at $2 USD. At the moment, I do not going to trade as I have another trade, but I can to make my proyection, but yes, my analysis are excellent.
Cardano it's extremely prepare to explode in this bull rally in cryptocurrencies. And the historical maximum price was around on $1.52 USD from 2017. Right now, Cardano it's up in the historical maximum price. For that, Cardano holder need to know this informaton. Cardano it's extremely prepare to explode in the rest of 2021. For that, don't sell your Cardano coins. This cryptocurrency it's the first in my list that I always reccomend for amateurs. If you buy at least 1,000 Cardan coins, just hold and don't sell, your profits will be brilliants.
Now, for your convencience, I bring you this screenshoot. Cardano need to arrive up one of these targets for 2021. For that, Cardano it's extremely bullish and big fundamentals it's incomming soon for this cryptocurrency. Also, I add my target #5 in $200 USD. But well guys, the probability that Cardano make their adoption it's so biggest. For that, this it's the best cryptocurrency. when I knew this cryptocurrency on 2020.