Solana At Support!Solana is currently trading in a parallel channel and has sold off directly to support. This is a project. Being at these levels I can expect SOL to bounce from here.
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DEFI
BTC Needs To Hold This Support!When looking at the chart above, you can see that BTC has managed to climb above support but in the past few days, it has sold off to the current support zone shown by the yellow line. It needs to stay above this line to remain bullish. If it does move below the line, the next area we need to watch is 32.9k. This area was the previous weekly low set a few weeks back and if we can remain above that zone, it is still bullish in my opinion. Let's watch closely.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
$CAKE is in Phase B of the Wyckoff Distribution Pattern | MoonYou can learn about this method on Google to know it in detail
My chart says it all, right now this is the best entry point for $CAKE
$CAKE is a defi platform whose homepage is pancakeswap.finance
The benefit of owning $CAKE is that you can deposit it in stake to earn profits until $CAKE reaches ATH
Profit up to 5% / 1 month. Pancakeswap is the largest DEX on Binance Smart Chain, you can rest assured about it
DYDXUSDT, The price has the potential to drop ...Hello everybody
I know that the market and you the traders are in confusion because the market everytime are surprising us you should becareful and have some plan for every movement of the market.
DYDX is one of the most popular project for the future because of the mechanism and ...
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According to the chart and our previous serial analysis, we shown on chart everytime that the price is moving in downward trend and until its not change the trend and the condition of the market its not change this downward trend we are going to down and down and down.
At this time we should be careful for the FOMC and BOE and ECB because the market this time affect its power from the macroeconomics and because of the inflation its near to us that we see that the rate of Central Bank rises their rate and if this happen the price should drop more and all the markets affect from this news.
Another thing that i see should tell to everybody because they take wrong decision with this word, when anyone in any analysis say PRZ LEVEL its mean this is the point that the price can change it trend not the trend change and you should buy or anything like this. If you wanna buy in these level you should manage your capital and have a plan and strategy to entrance your money and capital.
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XRPUSD -Daily chart prediction on Feb 2021XRPUSD on the daily chart. Previously predicted bearish movement hit aound $0.55 at the supply zone and bounce back up to around $0.9. Now price predicted to make another dip to hit another demand zone and make Lower Low (ref to chart). It based on Weekly candle that are now seems like rejecting market price at current supply zone (ref to weekly chart-you will see it clearly).
But, if price able to break the weekly supply zone, price might be able to create new higher high. Look at the large flag pattern on daily/week chart - price will go higher than that.
***Just for sharing opinion based on supply n demand strategies, not financial advice. ***
FTMUSDT 2-11-2022English:
$FTM is unarguably the most undervalued of all chains. It has as many active addresses as $AVAX, and it has more TVL than $SOL. Although, $FTM Market Cap is surprisingly lower than the formers'.
Needless to say, I see $FTM and its ecosystem projects as a a really good investment alternative when compared to its peers/rivals/substitutes.
Español:
$FTM es, indiscutiblemente, el blockchain más más infravalorado de todos. Fantom tiene tantas direcciones activas como $AVAX y tiene más TVL que $SOL. Sin embargo, la capitalización de mercado de $FTM es sorprendentemente más baja que la de sus rivales mencionados.
Aunque ya está tácito, $FTM y los proyectos de su ecosistema me parecen una excelente alternativa de inversión al compararlos con sus rivales/sustitutos.
$MKR/USDT 12h (#BinanceFutures) Falling broadening wedgeMaker DAO bounced back on support and seems to be heading toward 50MA retest, let's give it a try.
Current Price= 1850.9
Buy Entry= 1822.4 - 1733.4
Take Profit= 1994.5 | 2199.6 | 2494.3
Stop Loss= 1596.7
Risk/Reward= 1:1.2 | 1:2.33 | 1:3.95
Expected Profit= +24.36% | +47.44% | +80.58%
Possible Loss= -20.38%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 1.5 months
makerdao.com
Contracts:
#ERC20 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2
#BEP20 0x5f0da599bb2cccfcf6fdfd7d81743b6020864350
#BEP2 MKR-F04
SOLBTC in Bull Flag - upside PT of 0.023 or $1,587This translates to a PT of nearly $1,500 for 1 SOL token. You can see the flagpole extrapolation in red and then the 2nd half push PT in orange (both align very nicely which suggest we are halfway through our entire flagpole move right now with another half to go).
Last time this happened, SOL moved higher by 724% in 99 days!Just like my last major call in SOL back on August 7th, 2021, here again SOL is at a nexus point where the CC SMA 50 will turn green in the coming weeks. I'm currently projecting that this turns green by beginning of March. Once this occurs, SOL will enter a new impulsive surge higher which will likely be in conjunction with major catalysts such as scaling, mainnet release, NFTs, and DeFi drivers. Star Atlas is a AAA game that is being launched as well on Solana's ecosystem so I expect there to be renewed optimism in the coming weeks as more updates are released. Solana is without a fact the most bullish network atm due to its scaling potential that is happening in front of our eyes. Having the backing of SBF helps quite a lot as well.
See my prior major call on SOL below to see how well that played out. Accumulating here prior to the CC SMA 50 turning green would allow you to make higher returns, but of course you can wait until the signal is confirmed later this month or in early March.
ICOA Inc (USA: $ICOA) Riding That DeFi / NFT / Metaverse 🚃ICOA, Inc. provides neutral-host wireless and wired broadband Internet services in the United States. It offers back office solutions for hotspot operators and wireless service providers. The company also provides network advisory services, as well as procures, configures, and installs network equipment; and equipment, administration, billing, business intelligence, and content management flexibility services. In addition, it engages in the design, installation, operation, maintenance, and management of neutral, common-use 802.11x standard WLAN Wi-Fi hot spot, and hot zone infrastructure facilities in airport, quick-service restaurants, universities, travel plazas, marinas, hospitality, and municipal/hot zone locations. ICOA, Inc. owns and operates approximately 1,500 broadband access installations in 45 states; the LinkSpot network in RV parks and campgrounds; and the iDockUSA network in marinas. The company was formerly known as Quintonix, Inc. and it changed its name to ICOA, Inc. in March 1989. ICOA, Inc. was founded in 1983 and is headquartered in Warwick, Rhode Island.
SOL: D & W Hidden Bullish Divergence and Large Wedge FormationSOL is a very strong project with extremely strong fundamentals (user growth, speed, cost) versus competitors. Despite the recent wormhole hack which wasn't an issue of SOL but an issue with a bridge is making headlines, this only provides an opportunity to buy cheaper than normal imho.
SOL will no doubt fix any congestion issues it had in the past as their lead dev devoted an 8 week campaign to bolster the network and solve any issues. These are top programmers from Qualcomm and you can rest assured these sort of programmers are much better than crypto programmers. SOL allows MUCH easier to use programming languages than other rival coins such as ETH which relies solely on Solidity and feedback from top programmers is that Solidity is not easy to use at all. This impact development significantly as the legacy world still has 98% of programmers and if you want your crypto project to grow in the long-run, it's ideal to have the easier programming languages to onboard those 98% to create apps and develop for the best projects.
Lastly, SOL has an asymmetric advantage as it is backed by one of the brightest minds in the space, Sam Bankman-Fried. Sam's pro-regulator clarity stance will make SOL a crowd favorite to overcome any hurdles in the future.
My price targets for SOL are in the mid $400-$500 by mid-year. It sounds lofty but again, SOL is actually onboarding users and is increasing its re-investment into the network and into R&D. It would only infer a $130B market cap which isn't that high compared to what coins like XRP did in the last bull-run in 2017 when there were 10% of the investor pool. XRP achieved $130B market cap in 2017. SOL is about 100x more useful than XRP so as the large wedge formation suggests, SOL's terminal value is likely multi-thousand dollar range. This of course depends on how quickly SOL's programming team develops top products. With SOL Pay just launching on the market a few days ago that provides a direct conversion into USDC upon paying for goods and services, SOL could be at the beginning of yet another impulse wave higher. SOL Pay is a game changer in terms of adoption, and will only quicken major developers to come into the Solana ecosystem, as more of the legacy guys will want to join networks that are headed by legacy programmers.
Lastly, there is strong Hidden Bullish Divergence on the daily and weekly charts - this is a longer term signal that typically plays out over weeks/months.
If you own a big bag of ETH or DOT, it would be wise to diversify a bit into SOL for your long-term bags here.
$MASK/USDT 4h (#BinanceFutures) Rising wedge breakdown & retestMask Network got rejected on 100EMA resistance and seems likely to continue with the downtrend until it regains it.
mask.io
If you are not used to operate bearish set-up, you can use the targets to buy in Spot instead
Current Price= 5.996
Sell Entry= 6.069 - 6.488
Take Profit= 5.054 | 4.316 | 3.677
Stop Loss= 7.261
Risk/Reward= 1:1.25 | 1:2 | 1:2.65
Expected Profit= +19.50% | +31.25% | +41.43%
Possible Loss= -15.66%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Contracts:
#ERC20 0x69af81e73a73b40adf4f3d4223cd9b1ece623074
#BEP20 0x2ed9a5c8c13b93955103b9a7c167b67ef4d568a3
#Polygon 0x2b9e7ccdf0f4e5b24757c1e1a80e311e34cb10c7
Long term health of DEFI in a critical moment - Triangle versionOn my latest post, I mentioned that 1900 usdt was an important area to watch and which we were rejected.
On this set up, we can see that DEFI/USDT is forming a triangle on the LOG chart.
The RSI shows that we will enter in a long period of consolidation(look at the descending trend lines), however we will have some excellent gains if we play it well.
When we see this chart, we can be bullish on the defi coins until we touch the upper line of the triangle which we will exit positions & wait and see.
Follow for more updates.
Bitcoin Breaks Resistance and Government Loses Their MindsBitcoin breaks above old support at $40,000 and is holding. This is showing that it may be ready to make another run for it. $53k is real resistance and we need to be watching that. If we break hard to the downside off $53k then we may have just triggered our next huge sell-off into that $30k range. The best thing would be $40k remains as support and I don't think it would be long before $53k is broken with our high $60k becoming the realistic resistance before we head to new highs.
The government is losing their minds and are trying to sneak in some language to allow them to go after crypto exchanges. I would encourage others to go search for a recent article by Forbes talking about Gary Gensler from the SEC and a Trojan Horse such into some other regulation. This will allow them to also come after the Defi world. Not good news. Regulation is coming in one form or another but how heavy does it get? The government and the FED are not going to let this go lightly because it's about control over money supply and value. Is Bitcoin going to suffer the same consequences as gold did in 1933 when it became illegal in the US for citizens to hold? Anything is possible and I know most of you out there would be selling to avoid jail. No atheists in fox hols, bro. Let's see where this goes but make sure we stand up for what is best for all of us in this country. Freedom and competition in currency.
GRT/USDT - Range Trade - 100% profit from entry.In my opinion The Graph (GRT) still is undervalued with around 2,800,000,000$ market taking 51th place cmc. 100% is very likely to hit this quarter.
Tight stoploss is part of my strategy. Sometimes I might catch stoplosses 2, 4, 6 times before reaching TP.