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BTC and ETH are being pumped by Bogdanoff ! The Bogdanoff twins claim they participated in helping Satoshi Nakamoto build Bitcoin. Igor and Grichka Bogdanoff claim to have helped Satoshi elaborate on Bitcoin’s ‘predictive code’. Bofdanoff twins died in 2022. They were both at the same hospital, Grichka died six days earlier than Igor. The twins also claim to have known Satoshi Nakamoto, the creator of Bitcoin. There are rumors and conspiracy theories that the Bogdanoff twins can manipulate cryptocurrency prices from the afterlife. Do you think it's true? Let me know in the comment section right now! Ethereum and Bitcoin are now unstappable, and the FOMO hasn't even started. The fear is still extremely high, and a lot of people believe in lower prices, such as 10k for Bitcoin. From the technical perspective, you can clearly see a parallel channel on the daily chart that is currently breaking out! This is huge. This channel is also a ZigZag corrective pattern from the Elliott Wave perspective, which is even better! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. There is some resistance on the way up, of course. All of them are pretty significant, and I believe we will reach 4,080 USDT pretty quickly. This seems to be the strongest resistance, but we will see! I want to see the developing market structure and waves to determine the profit target first. It's absolutely a pleasure to see that the bulls are back, and I wish you massive profits! Look at my previous idea about ETH, where I told you to buy it almost at the bottom. Check out the related section down below! Thank you, and for more ideas, hit "Like" and "Follow"! Who thinks that this January is the best month ever? Let me know in the comment section!
Long
by UnknownUnicorn2537518
62
Bitcoin - Last chance to buy below 20k! (lifetime opportunity) Congratulations to the bulls for this successful start of the bull market! It's really a pleasure to watch these candles. Bitcoin may give you the last chance to buy below the 20k level, so I hope you are going to take this once-in-a-lifetime opportunity! You can buy on the spot market or leverage long on futures. It's still possible to retest the previous breakout level of the trendline, which is around 18,300. So this will be your dream entry, and trust me when I say this! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. So, why do I believe bitcoin has reached its bottom? From the technical perspective, there are multiple indications, and I will tell you all the arguments. The halving is coming, and usually bitcoin finds incredible strength before and after the halving event. This is statistical data based on historical performance. Bitcoin is breaking out of the falling wedge, bullish reversal pattern on the weekly chart and also is breaking out of the major trendline established in November 2021 with a successfull retest. Basically, Bitcoin is above all major trendlines on the linear scale. We have a bullish divergence on the weekly RSI, that has been confirmed recently. All altcoins show huge signs of trend reversal, not just Bitcoin. As per my Elliott Wave analysis, the downtrend has been completed as an ABC ZigZag (5-3-5 structure). You can see my Elliott Wave count on the chart. We are starting a brand new impulse wave to the upside! On the way up, there is a lot of resistance. Resistance 1 is almost certainly going to be reached. The next resistance is the 0.618 FIB + 0.618 FIB LOG and, of course, the unfilled GAPS, POC, and the previous all-time high. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
125
Cardano - Explosion is ticking! Bull flag ready. ADA is definitely ready for a massive breakout on the major 3D/1W chart! I see a lot of signs, which I will show you in this analysis! The first bullish pattern is this huge falling wedge, which is very close to a breakout, and you probably want to catch this upcoming explosion! Also, we can see the previous descending triangle that broke down in fall 2022. Descending triangles occur before the end of the downtrend, so keep that in mind! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. On the way up, I see only three significant resistances. The first is the previous wave A, because people can speculate on its continuation to the downside to make an impulse wave. The second is the 0.618 FIB on the LOG scale, which is undeniably strong resistance along with the beginning of wave B. And the third resistance level is the previous all-time high. From the Elliott Wave perspective, the whole downtrend from September 2021 to December 2022 looks like an ABC ZigZag correction. This ZigZag is inside the bullish flag, which is especially powerful. Wave C finished at the 1:1 FIB extension from wave A to wave B and at the 0.5 FIB of the previous bull market from 2020-2021, so it definitely makes sense to me. Taking profits at the 0.618 FIB appears to be very efficient because after prices reach this level, we can expect sideways price action or a downside correction. The crypto market shows strong signs of a trend reversal, and I believe Bitcoin could reach around 30k pretty soon! More Bitcoin ideas will be posted soon, so stay tuned, and I wish you great success and happiness! Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
70
XLM Stellar Lumens - 2000% profit on this trade! XLM is starting a huge bull market right now! 2000% profit is real, and in this analysis I will tell you why! This is the macro outlook on the 3D/weekly chart. The previous bull market from 2020 - 2021 was very impulsive, and this proves how strong this coin is. We can clearly see a falling wedge or a bullish flag pattern that is very close to an explosive breakout; you don't want to miss it at all costs! Furthermore, this pattern is an ABC correction from an Elliott Wave perspective, which is extremely powerful when combined. You want to see a bullish flag with a zigzag pattern inside of it. What is the profit target? We can use a parallel channel projection to establish the end of the bull market, which is around 2 USDT. It also depends on how fast the uptrend is going to be. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. On the way up, we have a lot of resistance, so check it out; I marked it on the chart. All of these are very significant levels. There is no full price history of the XLM coin on TradingView, but if you take a look at Coingecko or CoinMarketCap on the LOG scale, then you will see how strong and stable this coin is. The bull market is starting, and you want to deploy your USDT and buy some great coins, such as XLM, or you can trade futures as well. This January is like the best month ever, so enjoy it! Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
105
Bitcoin - Please be greedy and FOMO in! Bitcoin is absolutely pumping heavily right now, and there is not too much time for you to jump in, so you need to FOMO in ASAP and be greedy! The pump is real, and if you think this is a scam pump and we are going to go soon to 14k, then ........... The next target for Bitcoin is around 29k! In one of my next analyses, you will see why this is a very important level, so make sure you follow me! Bitcoin is currently approaching a significant resistance level, which is the 0.618 FIB + start of the FTX dump + start of the GAP. It's possible that the bears will step in temporarily, so keep that in mind! There is of course a possibility of a retest of the rectangle pattern, which is at 18,400. Also, it's a breakout level of the major trendline from August. If you haven't seen my idea from January 5, where I told you bitcoin was going to exponentially pump, check out the related section down below. Everyone was bearish back in the day! There is absolutely no bearish divergence on the higher timeframes, and the uptrend looks extremely healthy and powerful! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. I share my trades privately. If we take a look at the end of the downtrend, we can spot a SFP (swing failure pattern), or someone can also call it a double bottom pattern. The neckline of this pattern is currently breaking out. A trendline from August is breaking out as well. From the Elliott Wave perspective, we are in the third wave of the third wave, which is the most impulsive phase. Also, you can see my Elliott Wave count on the chart, so check it out. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
135
📉📈 ZigZag IndicatorZigZag's primary goal is to focus on significant swings and trends by removing insignificant and misleading price changes. ZigZag connects the price's highest and lowest points using straight lines while ignoring minor swings. ZigZag just aims to make sense of the market's previous movements; it makes no attempt to predict the price of an item. It is only based on hindsight and is not predictive in any way. It is based on the past prices of securities and cannot forecast the next swing highs and swing lows. 🟢Advantages It eliminates market noise and displays the most significant price fluctuations. It operates in several timeframes. When utilized in cooperation with other technical indicators, it gives positive results. 🔴Disadvantages It will mark the latest high or low of the price with a time lag. The last stretch of the indicator (the one that involves the current price) may be redrawn. Not predictive in any way, has to be used in combination of other strategies to be effective. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work , Please like, comment and follow
Education
by QuantVue
Bitcoin - Exponential pump, right now! (must see). I know more about bitcoin than anyone else, and I am telling you that this bear market rally will be huge! But at the end, it can be destructive. Bitcoin is absolutely prepared for an exponential pump to 38,981 USDT! In this analysis, I will tell you why, so keep reading, you don't want to miss it! First of all, a major impulse Elliott Wave has been completed (69,000 -> 15,476), and people are calling for 13K, 10K, and 6K. I think it's definitely possible to reach these low levels, but first we should have a bullish ABC retracement (correction), and I was looking for an optimal retracement level, which is the 38,981 level. Why 38,981? It's the 0.618 FIB retracement of the major impulse wave + the last GAP that needs to be filled + the previous consolidation structure's POC. This is the strongest level, and it's the open gate to a new all-time high. Unfortunately, this is going to be a bear market rally, and after we hit 39k, we could continue in the bear market and fall down to 6k–10k to complete this bear market. If you want Bitcoin to grow exponentially, hit the like right now! The volatility index on BTC is at an all-time low, which suggests an exponential move is likely. I think the move is going to be to the upside because there is not enough fuel to go down. The falling wedge is a huge barricade, and the bears don't want to go against it. So for the bears, it's better to transform into bulls and ride the bear market rally! Have you seen that huge green dildo on Solana? It's an indication of a trend reversal not only for this coin but for the whole crypto market. What's more, if we take a look at the RSI indicator on the weekly chart, we can spot a bullish divergence, which is a very strong indication, especially in the crypto market. All markets move differently, and the crypto market follows the RSI and the Elliott Wave theory much more than others. Anyone who tells you that his strategy or bot works on all types of markets, such as forex, stocks, crypto, and commodities, is most likely lying to you. A bot that is profitable on forex is absolutely not profitable on crypto. I post trade setups privately. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. A 131% pump from the current price is likely, and it's time to fill your bags with altcoins if you trade on the spot market. Otherwise, you can open a leveraged position on bitcoin on the futures market. Personally, I am a futures, options, and spot trader. I want to take advantage of all of these products. Look at my extremely important idea about "Bitcoin: All of the Reasons Why the Bottom is Near (in)" from November 13, 2022 in the related section down below; you must see it! Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
142
ApeCoin (NFT) is pumping thanks to Donald Trump! (massive) APE coin looks very strong at this moment, also thanks to President Donald Trump and his NFT collection. That is also great news and an important catalyst for the NFT coins, such as the APE coin. APE coin is currently breaking out of the falling wedge pattern on the daily chart! The main downtrend wave has been completed, and now we are looking for a bullish retracement. How far could the APE coin go? Well, I am personally selling APE coin at the strong resistance, which is the 0.618 FIB or monthly resistance + GAP (10.5 - 11.3). My entry price is 4.112. I share my trades privately. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. From the Elliott Wave perspective, unfortunately, this coin still looks pretty weak. We can spot two corrections: wave 2 and wave 4. This appears to be an impulse wave, implying significant selling pressure and the possibility of another major crash in the future. APE is a great coin to trade on the futures market because it's highly liquid and there are a lot of opportunities. You can short APE at the 0.618 FIB, and this is exactly what I am going to do later! The crypto market is very bullish at this moment, so I am not shorting anything and am only going long. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
67
Ethereum is about to explode! (brutal) Let's celebrate with me this massive upcoming pump on ETH! The chart is now extremely bullish, and in this analysis, I will tell you why! As you can see, the price is printing an ascending triangle on the daily chart. Ascending triangles are very powerful, especially at the bottom of the downtrend! From the Elliott wave perspective, this triangle is a nest with 2 impulse waves, which we can label waves (1), (2) and Waves 1, 2. This is definitely not a corrective pattern in this case. I am sure you have seen the huge dildo on Solana; what if I tell you that something similar may happen to ETH? I predicted this exponential pump on SOL 3 weeks in advance, so check out the related idea about SOL down below! We have a tremendous unfilled gap between 1352 - 1448, and the market wants to fill this gap, which gives us high confidence in this upcoming move. On the way up, we have basically 4 resistances. The first is the 1448 0.618 FIB + FTX dump, followed by the parallel trendline, the previous POC, the start of the GAP at 1545, and the 1680 monthly / weekly high. These levels are good for intraday trading. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. Two scenarios are now possible. We will spend more time consolidating in this ascending triangle, or we will break out very soon! Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
59
Shiba Inu is breaking out! Take a huge profit here. Shiba Inu is absolutely prepared for a massive uptrend on the daily chart! We can see that the price is breaking out of the falling wedge pattern. This falling wedge pattern is not a standard wedge because it is also an ending diagonal from the Elliott Wave perspective, which is a powerful combo. Also, on the RSI indicator, we can spot a bullish divergence between the swings. It's also a strong indication that the bears are losing steam. It's a great time to open a long position on the futures market, as I already did! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. Now the most important question is: where is the profit target? On the way up, you obviously want to target strong resistance. Strong resistance is undoubtedly the start of the previous GAP + top of the parallel channel, and if the bulls break this level, the previous consolidation structure's POC will be reached. You can see these levels on the chart! If you haven't seen my analysis about Bitcoin's exponential pump, then you must, so check out my related section down below. December was an extremely good month when it came to opportunities in the crypto market, and January is starting very positively as well. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
68
Ethereum - Big overview of the bear market. The bears are in full control because ETH is below the two major trendlines and also below the 200-day moving average. We have a FTX GAP between 1545 and 1352. This gap was caused by a huge panic sell-off of traders due to the collapse of the FTX exchange and by CZ Binance, who tweeted that he was not going to buy FTX as he wanted. This gap can be filled, but of course it doesn't have to. Also, there is a 0.618 FIB at 1415 + the top of the yellow trendline + the 200-day moving average, which is another strong resistance. The bulls need a lot of strength to break this zone, and even if they are able to do it, there is another white trendline, which is the top of the parallel channel at around 1800. It's hard to say if the bulls will be motivated enough to break it. I don't want to be bullish about this strong resistance, but we can definitely touch it, no problem. At this moment, my trades are only short-term swing and intraday trades, so I am not thinking about buying any coins for the long term. I still think the bear market will continue in 2023 because other coins look extremely bearish, including Bitcoin. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. As you can see on the chart, the price is moving in two parallel descending channels. The top trendline of the first white parallel channel has only two touches, so the third touch should be rejected strongly. This is a bearish Elliott Wave count, and we are currently at the 3rd wave of the 5th wave. I suggest continuing lower to complete this impulse wave. I would love to buy ETH for around 250 - 300. I believe it is possible to get there, based on other assets such as stocks. TSLA, META, NTFLX, etc. are experiencing the biggest crash in history. And ETH is also, basically, in the IT sector. If ETH drops below the key resistance of 1073, I expect a huge flash crash to the bottom of the descending channel. Overall, I am bearish, and we may definitely see some relief rally. But don't get rekt by the main resistance I mentioned earlier. Look at my idea about SOLANA (exponencial growth) in the related section down below. Thank you, and for more ideas, hit "Like" and "Follow"!
by UnknownUnicorn2537518
59
Has the Downtrend in AVAX Resumed?Primary Chart: AVAX's rally from August 29, 2022, to September 12, 2022 Appears Corrective It appears that the downtrend in AVAX's price has resumed. But one need not speculate based solely on the recent days of selling. Price charts for AVAX have left plenty of evidence to show where price may go next. First, it's important to define the overall trend. The most basic way to do so is by looking at the major highs and lows on a higher time frame, like a daily or weekly chart. Then, evaluate whether the price has formed higher highs and higher lows or lower highs and lower lows. Below is a daily chart, where anyone can see that a series of lower highs and lower lows has appeared since November 2021. Supplementary Chart A: Defining AVAX's Trend Furthermore, the downtrend channel—with its trendline across the major swing highs since November 2021—leaves little doubt that price has remained in a downtrend. The return line (the lower line of this parallel channel) also helps visualize the downtrend. The 21-day EMA is also a helpful trend gauge. For the majority of the distance that the 21-day EMA has printed on this chart, the slope has been negative and this EMA has made downward progress. Yes, a few upward segments appear, but they are a smaller proportion of the overall line. Next, an anchored VWAP can help see where price is relative to where it has been over the summer. The VWAP in the chart below is anchored to the lows of June 2022. Note how price action has been very choppy over the summer, much like the price action in major equity indices like the S&P 500 SP:SPX and the Nasdaq 100 NASDAQ:NDX . Price broke above this anchored VWAP at least four times, and some of the rallies were sharp and powerful as bear rallies can be. Supplementary Chart B: Anchored VWAP with Several Failed Breakouts The fact that price has broken above the anchored VWAP at least four times and failed back below it each time supports the notion that this summer's upward price move was a countertrend bear rally. The last breakout attempt over the anchored VWAP in early September was by far the weakest, suggesting that buying pressure is waning and that the downward trend is likely to begin again in earnest in the short-term. One need not have an infallible Elliott Wave (EW) count to analyze the price action and draw useful inferences with EW concepts. The chart below defines the two essential types of waves under Elliott Wave theory. These basic definitions may be applied to the downtrend since November 2021. The result supports the same conclusion reached using other methods of technical analysis discussed above—that price is trending down with upward rallies being countertrend and corrective in nature. Supplementary Chart C.1: Elliott Wave Analysis for Entire Downtrend Even the price action since the June 2022 low can be examined under EW principles for helpful inferences as to whether the downtrend has resumed. Since even the best EW analysts can disagree about precise counts, a more useful approach to EW can be to evaluate motive and corrective price action by its basic characteristics, as shown in the chart immediately below. Supplementary Chart C.2: Elliott Wave Analysis for June-September 2022 Price Action And AVAX's price action for the rally of the past several weeks can also be analyzed using EW concepts. The Primary Chart above shows how the two legs of the rally are nearly equal. They have a common proportion of 1.272, a Fibonacci relationship common in corrective patterns known as zigzags, and also a common corrective pattern known as a complex W-X-Y correction. (For the non-EW readers, it helps to know that an EW corrective pattern constitute an upward price move in a downtrend as well as a downward price move in an uptrend.) Because the legs of the rally fall into a 3-wave pattern in which wave A = 1.272 x wave C, a Fibonacci relationship that is near equality, one can conclude that the entire summer rally was a corrective and countertrend move. From this premise, one also may infer that the trend, when it resumes, will continue downward. Lastly, AVAX has lost all its major retracement levels from this summer's rally. Importantly, it has lost its .618 and .786 retracements. If one were to question whether the summer rally was the start of a new uptrend, one would want to see the .618 and .786 retracements hold as support before price turned higher again. These retracements typically hold as support when price retraces only a portion of an uptrend move. But they have failed as support as shown below, which suggests the downtrend is likely resuming as of last weeks price decline. Of course, the .786 retracement at $17.39 could easily be retested and even broken briefly similar to the way the .618 retracement was in previous days this month. Supplementary Chart D: Fibonacci Analysis as to Summer 2022 Rally
COINBASE:AVAXUSDShort
by SquishTrade
9
Solana - Exponential growth, right now! Solana looks extremely strong at this moment, and it looks like we will have an explosive pump! But it has already begun. From a technical perspective, we need to retest the previous blue trendline, which is at 29.8 USDT. It's also the point of control for the previous price action. This is the first profit target, and I recommend selling SOL here. The second profit target is more advanced. There are a lot of stop losses above the wave (4), so the market might find enough strength to get there. It's at 48 USDT. In my previous analysis on Solana, I recommended buying SOL at 8.6 USD, so check out my previous idea in the related section down below for more details. The chart is printing a broadening falling wedge on the weekly chart, and there is definitely the possibility to touch the top of the wedge in the immediate short term! This analysis is not a trade setup; there is no stop-loss, entry point, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. As per my Elliott Wave analysis, the major impulse wave from the previous all-time high has been completed successfully, and at this point we should look for an ABC retracement to the upside. I see a lot of signs that Solana has temporarily bottomed out on lower timeframes. The strength is currently incredible. Counter-trends tend to be steeper, so there is a possibility of hitting my price target at warp speed. If you want to trade Solana intraday, it's definitely a good opportunity because the volatility on this coin should be insane. I recommend only longs. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
108
Solana - Buy here for a 452% PROFIT! (Best level) You are wondering why SOL is falling drastically and maybe where the best level to buy is. In this analysis, I will show you! Technically, this coin is very weak. The downtrend is steep and very impulsive, no doubt about it. But it is also a great opportunity for buyers to speculate on the midterm long position. But first of all, we need to find the best level for it. Fibonacci is a very powerful tool, and we can use the confluence of the FIB retracement and FIB extension to look for a level where there is likely to be a trend reversal point. We need to take a FIB retracement (LOG FIB) from the previous huge uptrend from 2020–2021. We can see that 0.618 FIB is at 8.52 USDT. 0.618 FIB is, of course, the strongest FIB level. Also, we need to take a FIB extension from wave 3 => 4 to predict a fifth wave. There is a pretty good chance that the trend reversal point can occur at the 1:1 FIB extension, which is around 8.74 USDT. Because we have a very strong fibonacci support between 8.52 and 8.74 USDT, we can place a buy order here and wait for the price to reach this level! Sounds pretty easy, doesn't it? I think we should see a lot of buyers here, and we can expect a major rally with a potential profit of 452%! If you bought SOL at a higher price and you want to get out, then it's good news for you! I don't have any SOL at this moment, so I am waiting for the price to come to me! The price is moving in the descending parallel channel, and this is also a great opportunity to buy SOL at the bottom of the channel, so we have another confluence to buy SOL! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. I hope you guys will take this trade! Take care. For more ideas, hit "Like" and "Follow", right now!
Long
by UnknownUnicorn2537518
81
USDZAR Price Starts To RallyPrice has been trading bearish for a while now this is a potential corrective A-B-C Zig-Zag move. The wave (C) is a possible Ending Contracting Diagonal Pattern. The wave sure seems very short and may not be complete as of yet. We know from a Zig-Zag pattern that waves A and C are often equal so we do have to keep in mind that we could still possibly see a sell-off this would be a Leading Diagonal but not Ending, but for the most part, we definitely are bullish.
Long
by Weshareio
3
Binance 80% CRASH! Black swan crypto event. Fundamentals first. Binance Exchange is losing customers; that is a fact that everyone knows. The huge scandal occurred just before Christmas, but it looks like people have already forgotten what happened. What is causing Binance Exchange to lose customers? First of all, Binance Exchange itself is banning users all around the world for no reason. My friend got banned before Christmas, 1 day after he opened a short position on BNBUSDTPERP futures. I received a lot of messages from people all around the world saying they received an email with a permanent account suspension. Half of them could withdraw their funds; the other half could not. So if you received this email and you don't know why, Binance Exchange can ban you without any reason, just if they want to. There is a conspiracy theory (not verified) that Binance cannot have a monopoly on crypto; bigger players refuse to accept this fact, so they need to reduce it by force. I think Binance is a great exchange, the most liquid exchange. But these are facts that everyone can verify. BNB coin is currently worth 245 USDT. In my opinion, the price is very expensive at this moment, due to recent scandals and lost customers. 50 - 100 USDT is a fair price to me; I am not willing to pay more for the coin. If something is too big, it will destroy itself, so there needs to be competition. Monopoly is not a good thing. I want to give you some tips: do not short BNB directly on the Binance exchange if you don't want to get permanently banned like my friend. The best option is to store your cryptocurrency in a hardware wallet such as Trezor. And use only a portion of your funds on exchanges to trade spot or futures. Leverage is good because you don't need all your funds and will transfer the risk to the exchange. Together with "stop limit" orders, you can trade very effectively even with a small amount of your funds on exchanges. Binance CEO Changpeng Zhao (CZ) said on Twitter that "for most people, for 99% of people today, asking them to hold crypto on their own, they will end up losing it." In other words, if you hold crypto on your own, you will lose your funds, so you should hold all your funds on exchanges. I was shocked when I saw this. He made this statement during the massive bank run on his exchange, giving the impression to others that he was threatening people and convincing them that their funds are safe only in his exchange. ----------------------------------------------------------- Now let's take a look at the technical analysis, which is the main reason why I am bearish on BNB. Both the technical and fundamental analyses are bearish. The uptrend from June 13, 2022, to November 7, 2022, is clearly weak. It's an ABC corrective pattern, which is usually followed by a massive crash.  80% crash to 48 USDT is, in my opinion, very possible. Everything is going down, including META stocks, TSLA, etc. So if you believe in the future of Binance, 48 USDT is your desired price. You have no idea how much BNB people accumulated in previous years or how many leveraged long positions on futures are open. The market usually wants liquidity. The price has been moving in the descending parallel channel, and we can retest the channel from the downside. As per my Elliott Wave analysis, the whole structure looks very weak. The first impulse wave appears to be an ending diagonal wedge. The bulls are not interested in this coin. 48 USDT is a very strong support because it marks the beginning of the massive gap from 2021 as well as the breakout level of the previous structure from 2020. I am very bearish on the crypto space, not just the BNB coin, as you may have seen from my previous posts. Binance is the most liquid exchange and CZ Binance did a great job bulding it. Thank you, and happy New Year!
Short
by UnknownUnicorn2537518
98
GOLD - This is brutal, no one expected it! Don't be surprised if you wake up in the morning to see a massive red dildo on the gold chart breaking down the wedge. In my opinion, it's very likely. GOLD is absolutely ready for a massive downtrend; it's going to happen very soon, so I hope you are prepared for it! We can clearly see a rising wedge on the 4h / daily charts, which is also an ending diagonal wedge from the Elliott Wave perspective. This indicates that the bulls are losing steam. The question now is, "How deep is the retracement going to be?" First of all, we should completely wipe out the wedge and also test the unfilled GAP, which is at the 0.618 FIB retracement. There is a parallel channel projection, so this is a good level to profit from your shorts. I marked this whole uptrend as an impulse Elliott wave pattern, which suggests that gold can potentially go much higher later next year. This is my bullish scenario, I also have a bearish scenario, that I will post sometimes, maybe in January, so follow me and hit the like! Maybe gold will be a good hedge against the upcoming recession. I think the bull market on the dollar is not over yet, and we are going to see new highs on the DXY index. Thank you, and have a good one!
OANDA:XAUUSDShort
by UnknownUnicorn2537518
93
Bitcoin - The bottom will be here (89% chance) I am telling you that the bottom on Bitcoin will be between 9600 - 10300 USD and I expect Bitcoin to reach this reversal zone in summer 2023! You can place your buy orders here because the reaction on this level will be extremely high, so you can also buy/long BTC for a 50% profit. The worst-case scenario for Bitcoin is to hit the bottom of the huge channel on the LOG weekly chart, which is unfortunately between 5200 - 5800 USD. But I think it's not going to happen. If bitcoin falls below 5k, a lot of exchanges will be out of business because customers will leave the crypto space. 99% of people will be out of crypto, and it doesn't make too much sense. In crypto, there is a lot of money to be made for big players. They want crypto to rise as well. On the weekly chart, Bitcoin has been moving in this massive ascending parallel channel with 5 touches. It's a valid channel on the LOG scale. Volatility on Bitcoin is at an all-time low, and this should last until we find the bottom. 9600 - 10300 USD is a very strong zone because it is the 0.618 FIB of the previous impulse wave and also because there is an unfilled GAP. As per my Elliott Wave analysis, the downtrend that started in November 2021 looks impulsive, so there is a high chance to go lower to complete the ABC retracement. ETH could reach 250 USD and BNB could reach 48 USD. It's a very strong level for these coins that you will see in my next ideas, so follow me and hit the like! Thank you, and happy trading!
Short
by UnknownUnicorn2537518
91
XRP - Whales will start buying XRP here. But first a 55% DROP! This head and shoulders pattern on the weekly chart is almost ready for a breakdown, so this is your last chance to sell XRP and save your money! On the other side, it's a great opportunity to short XRP on the futures market, as I already did at the top of the right shoulder (see my previous idea)! But be careful; XRP is the beast, and I know XRP very well, more than most other people. Overlaps between waves are common, and movements can be difficult at times, but they are doable. If you ask me when moon for XRP? I can tell you that after we hit 0,1 - 0,09 USDT, the whales will start buying massively. The whales are going to send XRP to the moon! And I am telling you it will be massive; you don't want to miss it, so hit the LIKE if you think I am right. But let's be realistic; this is the biggest bear market in history, and it's better to buy XRP at a cheaper price. XRP is stuck in this parallel channel on the weekly chart, and the bears are in full control. There are no signs of a trend reversal at all. No buying alerts from whales As per my Elliott Wave analysis, this downtrend is so incomplete. We are in the middle of the bearish trend that started on April 13, 2021. But we are basically finishing the downtrend that started in 2018. It can take another 1-2 years for XRP to bottom out. XRP is ranked 6 on CoinGecko, which is pretty impressive. Transactions on XRP are extremely fast and extremely cheap, so it's a pleasure to use it for payments. But it's not a digital gold nor a store of value and will never be, this can only be Bitcoin. Thank you, and for more ideas, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
71