Get started

Anaylsis

Is it only correction?? Bitcoin on 1D chartBitcoin is currently trading around 58 900USD Check daily chart. You can see nice uptrend - 21 days and 66% up. Now we have probably correction - 7days and 13% down. You can see the diferent - after 21days we have only 7days with downtrend. Important point - in case of correction price should go up very soon again. Strong support - 58 600USD, 50-52 000USD Resistance - 64 000USD and 68 0000USD Looks like bullflag formation - is important to break bearish resistance and then price could continue up.
Long
by UltimateCryptoTrader
1
Solana (SOL) price speculation and where it’s going. Where is Solana heading in the near term — to long term? This post isn’t necessarily my personal prediction of SOL. I’m simply pointing out what I’m seeing in the daily chart, as well I take into consideration recent events that could be a catalyst for a price change in Solana. I’d like to hear all of your thoughts and opinions as to what you think will happen. Also, I would enjoy your feedback on my chart and basically everything I say. There’s really only two ways to grow Either someone tells you that you’re wrong — then change up whatever you’re messing up — hopefully getting it right in the future. Someone points out that you’re actually doing it the right way, perhaps making some suggestions, but otherwise tells you to stay on the same track you’ve been taking. Obviously there’s a lot more to it than that, but I’m sure most would agree that sums it up in a general sort of way. So, what are your thoughts on Solana? Will it keep going up? RSI looks good — holding above the 50 lvl which indicates buying strength, yet not in overbought territory — although it seems to be dipping down. MACD looks to be making a Bullish Crossover as you read this — according to the Daily Chart. That is typically a very bullish indicator — if coupled with other confirmations. I’d like to see the 1 hour chart with the ICH Cloud for further confirmation of the MACD crossover — I learned a cool tip — the one hour chart with ICH Cloud Indicator acts like the daily MACD, but on a faster timeframe and more reactive to real time price changes. I apologize for the spelling — the ICH Cloud is the Ichiomo Cloud? I have no clue how to spell it and don’t feel like looking it up, but I’m sure most of your know what I mean. If not, sImply Google ICH Cloud Indicator and it’ll correct it for you. Finally, we’re holding above old resistance levels and can safely say that they have now become strong support. Further strength in the uptrend can be confirmed due to the price holding or (walking) on the middle Bollinger Band. If price falls below the middle band, watch for a quick dip buy opportunity, assuming that the price rebounds and goes back above the middle band to close out for the trading day. Of course, considering that Crypto trades 24/7 — determining the “close of trading day” is going to be different for everyone and arguably doesn’t exist. I live in the Pacific Time Zone so I like to watch for these things to “Close” around 7-8 pm — as I noticed that this is when the markets seem to calm down a bit. But, this is subjective to where you live or if you even believe in a “Close” at all. Overall, even though I see strength in SOL’s chart and the news has been great regarding Solana recently — the Wormhole Testnet was a success and it’s proven that SOL can handle a much larger volume of transactions than say, ETH. . . For some reason I see SOL doing another run up to perhaps hit its previous all time high, only to come falling back down. Essentially repeating the same price pattern we just saw it go through a few weeks ago. Long term — I think Solana is going to be a main player in Web3 and will find itself a stable, permanent role in the ecosystem of dApps, DeFi, and many other applications that will be popping up with insane regularity as Web3 comes to the masses. You can’t have Web3 without SOL — so long term I see SOL being a $1,500 - $2,000 coin on the market. Perhaps higher, but not less. Short to mid term — people will get FOMO in the following days, buying up all the SOL they can, then when the “pros” and day traders feel like they have pumped it high enough, got the hook set in nice and tight in the FOMO-Filled-Coinbase-retail-traders. . . They’ll dump, taking profits and we’ll be back to where we’re at now, give or take $20. Remember — WHAT ARE YOUR THOUGHTS? Do you agree? Do you completely disagree? Is my charting and analysis completely wrong and I have no idea what I’m talking about — or is my does my prediction sound pretty accurate, with my charts aligning with my claims? I hope to hear from as many of your as possible. Thanks. Btw… the reason I am asking for feedback is because of my last prediction. I have it linked. I saw a perfect ascending triangle pattern forming in FORTHS Chart a while back, but something happened and it never panned out!?! I am still baffled by that one to this day! Check out the link after your done with this one. Perhaps you can tell me where I went wrong.
COINBASE:SOLUSDLong
by thinkordrown
1
10X LONGS GET LIQUIDATED AROUND $29,555 (oscillators overbought)Good afternoon fam, Yurlo here 👍 We may get a 5th wave up but sooner or later prices will eventually fall as the bullish divergence has most likely played out for the most part as it's reaching overbought levels which are first caution signs to take profit on any scalp longs for me. I'm short here and will wait for price action to reach oversold levels on the lower timeframe's. 10x longs get liquidated below $30,000 and the market eventually hunts leveraged players using high leverage. Stay safe, and have a great Wednesday fam 👍
FTX:BTCUSDShort
by YurloTrades
Possible Long Position ODM!!ASX:ODM SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Market Direction: Long Position Chart time frame - Daily Timeframe - 30 days A – Activating Event Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.048 C - Fundamentals that may affect the pair N/A D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 0.048 Target 2 @ .... Risk/Reward @ 1.4.5 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
OLong
by SMPTrader
MKR/USDT BITTREX ANALYSISVery basic TA here, examining the Maker/Tether pair on Bittrex, we have local support at $4583 and local resistance at $5080 so now we will wait for confirmation to the downside or the upside. If it breaks the top trendline we can shoot for around $6k but if 4HR candle close below support we can expect townfall to $4331 and then $3714. We do not enter here, we sit and wait and see what happens Support: $4583/$4331/$3754 Resistance: $5080/$5210/$6000 Now we wait for confirmations
by jcrozb
BTT MARKET ANALYSIS 4.18.2021BitTorrent (CCC:BTT-USD) is known to its users as a peer-to-peer network providing file-sharing services. However, only a small proportion of its users would know that it is also one of the most popular cryptocurrencies in the market. It is one of the industry’s best performing altcoins, growing over 2,500% in the past 12 months. Industry experts are bullish on its potential in 2021, and expect BTT to continue its spectacular run this year. A concept image of the BitTorrent (BTT) token. Source: Shutterstock For years, the company struggled to monetize its hugely popular service. However, all that has changed since BitTorrent’s acquisition by the Tron Foundation. The new owners introduced a crypto of the same name to expand its protocol and incentivize the network’s participants. The BTT coin is for individuals needing faster download and upload speeds and other services which would otherwise be unavailable to them as free users. The system ultimately improves the quality of service and lays the foundation for the platform’s future growth. Crypto Economics, Design, and Features The supply of BTT is limited to 990 billion tokens, and its distribution began in early 2019. More coins will be unlocked in 2028 by the BitTorrent Foundation. 19% of all tokens are attributable to the BitTorrent team and its foundation, while the Tron Foundation gets 20%. The coins ecosystem received roughly 19.9% of the tokens, and other partnerships get just 4% of the supply. 10 Stocks at the Heart of Good Retirement Portfolios BTT is a TRC-10 cryptographic token on the Tron protocol. The ecosystem essentially allows its users to act as either service requesters or providers. It is essentially an incentive-based system within the dynamics of the platform. The transactions occur once the service provider gets a bid from a requester. This process initiates what’s known as a payment channel on a ledger and begins the transaction between the parties. The process involves verification measures every step of the way until the requester confirms the transaction is complete. Price Performance and Prediction BitTorrent has had it rough for the most part. It struggled to build any momentum during 2019 and 2020, but has taken off considerably since the start of the year. Volatility remains high, but BTT’s performance remains solid in the past couple of months. There are varied price predictions for BTT at this point, most of which point to a substantial increase in its price from current levels. Analysts on Digitalcoin believe that BTT will be worth about 1 cent this year. Moreover, they expect an increase in its price each year until at least 2028. According to the experts at Trading Beasts, BTT’s price is likely to rise by a significant margin this year. They also expect it to close out the year at about 1 cent on average and expect growth sizeable growth each month after May. Analysts on the website Coinpedia have a very lofty prediction for the price of BTT; they believe it has the potential to be worth $1 by the end of this year, and could perhaps hit the $3 mark by 2022. Final Word on BitTorrent BitTorrent is one of the most promising altcoins out there, which offers investors a smooth entry into the lucrative crypto market. Moreover, it will continue to improve its platform’s overall performance, which will lead to a bigger market for its crypto. Analysts predict a bullish run for the better part of the year and beyond. Therefore, it is advisable to invest in BitTorrent and rake in the gains in the coming months. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University. The post BitTorrent Has the Potential to Explode in 2021 appeared first on InvestorPlace.
BITFINEX:BTTUSDLong
by globalsymmetrygroup
$SPY choppy downtrendFed to lift restrictions on bank dividends, share buybacks for 'most firms' after June stress test WASHINGTON, March 25 (Reuters) - The U.S. Federal Reserve announced on Thursday it would likely remove income-based restrictions on bank dividends and share buybacks for "most firms" in June after its next round of stress tests. The central bank said that all large firms that can show they can stay above regulatory minimum capital requirements after undergoing the next stress test will no longer face those restrictions, which were imposed at the onset of the pandemic to help banks build up reserve cushions. Companies that see their levels fall below minimums during the test will have to adhere to the restrictions through Sept. 30. The central bank said large firms that stay above minimum capital requirements after undergoing the next stress test will no longer face payout restrictions, which were imposed at the onset of the pandemic to ensure banks built up reserve cushions. Firms that see their levels fall below minimums during the test will have to adhere to the restrictions through Sept. 30. Previously, the Fed had stipulated that banks could pay out dividends or buy back stock only so long as those levels did not exceed what the banks made in net income the prior year. "The banking system continues to be a source of strength and returning to our normal framework after this year's stress test will preserve that strength,” said Randal Quarles, the Fed's top regulatory official. The announcement is likely to be met with relief by large banks on Wall Street, which had bristled under the restrictions imposed in June 2020 to further bolster capital cushions at banks facing huge economic uncertainty. It also serves as a vote of confidence for banks that they have been able to weather the worst of the pandemic and can return to business as normal. On Wednesday, Treasury Secretary Janet Yellen, who previously chaired the Fed, said she believed banks look healthy enough to pay dividends or repurchase stock. The Fed also announced that smaller firms, which only face a Fed stress test every two years, will automatically be freed of the payout restrictions on June 30. (Reporting by Pete Schroeder; editing by Jonathan Oatis and David Gregorio)
AMEX:SPYShort
by BADQOMOCAWGOWLD
EUR/USD - Short TradeHello dear traders! Here's a Short Trade Idéa I've been looking at. So, EUR/USD has really been on BIG uptrend all the way until it came closer to the April 2018 Top . Since then price has been going up until it made a drastic fall. It then consistently made Lower Highs indicating signs of Bearish Market. Here's the two possibilities I'm thinking: 1. Price goes down to the (-0.27) extension after breaking recent Support. 2. Price Re-Tests the area it just broke and breaks it again, going bullish. Personally I think option #1 will be what's gonna happen. Due to the fact that it broke the 200 EMA on the 4-hour chart confirming it is currently downtrend, I don't really think it will recover from that any soon. Stop Loss #1: 1.21160 Stop Loss #2: 1.21060 Stop Loss #3: 1.20985 <--- Current Stop Loss Thanks for reading, hope you liked the idéa. Good luck!
Short
by TraderEliahs
2
Potential LONG Position EGRSMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Market Direction: Long Position Chart time frame - Daily Timeframe - 1-7 days A – Activating Event Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.210 C - Fundamentals that may affect the pair N/A D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 0.210 Target 2 @ .... Risk/Reward @ 1.2.5 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
ASX:EGRLong
by SMPTrader
SHORT TERM | EURGBP | STRONG BEARISHSHORT TERM ANALYSIS, Hey Guys, this Short Term analysis, it's just predections, I prefer for trading, the reaction for long term, lets just watch until the Reaction, When the price hit the PURPLE line, what called before support, its now as a resistance for the price, we will have a safier Confirmation for the Entry Price, Have a safe trading, Adios. P.S. the Divergence between theRSI line and the Market Trend line, it's a good strong mark for a future full divergence and a strong bull break
Short
by Market_Ticker