The GPU mining token of choice! Opinion:
- GPU mining token of choice
- Decentralized at the roots, being a BTC fork of the code.
- NFT marketplaces
GPU miners that do not intend on stopping after the merge, are likely to move towards RVN. This will grant RVN with a stronger and more decentralized network. In terms of hashpower it is likely to be seen as a network of choice. Very bullish on it long term. #GPUMINERS
#LONGTERMULTRABULLISH
Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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Bitcoinfork
Inverted Head and Shoulders on Bitcoin Gold/BitcoinThis is an old fork of Bitcoin that i haven't heard much about in awhile but it used to be liked for being easier to mine however since 2019 hardly anyone remembers it and during this time of silence BTG has been forming a Huge In Your Face Visible on both the Weekly and Monthly Harmonic Inverted Head and Shoulders Pattern that if plays out will send it up to the 0.786 Fibonacci Retracement.
Diamond hands babyBCD looks pretty strong here. BCD is still one of the actively traded forks along with some other Bitcoin forks which have been going down for quite some time. But BCH has started doing well and overall forks could follow BCH as it goes up due to its Paypal + Venmo listings. BTG has done extremely well, so why wouldn't BCD do well too. The structure looks very bullish, with an incredible bottom, not sitting above key support ready for another move up.
BCH - 6h. Is the active phase of the BCH market over?Starting in the new 2021, the BCH market began to slow down its growth phase. A new local high was set in early January 2021 and provoked sellers into a deep correction to the range of $370-400 . It was from this range that buyers began a new local wave of growth, which reached $773.
This time sellers again managed to organize a deep correction almost before the beginning of the previous wave of growth. Weak updating of the local high and deep corrections are signs of a weak trend. Looking at the trading volumes of the new wave of growth, which buyers began from the end of February, the strength of buyers in this range disappears. So the price was able to retest the range, from which we observed the collapse of the BCH market on February 22-23. However, this time it has not been possible to update the local low yet.
Therefore, at the moment there is a high probability that the price movement will continue in the global consolidation until mid-summer. The positive scenario of this consolidation will allow buyers to continue the upward trend with a new impulse with the first target of $925.
An alternative scenario - breaking the triangle down. The critical point in this scenario will be the mark of $500. Having lost the given mark, buyers will have to retreat to $370-400. The mark of $500 is also interesting because it was from it that the catastrophic market collapse began in February 2020, which ended in March.
Therefore, we will be monitoring this scenario over the next few days. In case the BCH price breaks out and fixes above the range of $725-750 , we will update the idea.
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BCH - 4h. The price reaches the buy zone. Main Target - $1200The fall in the price of BTC yesterday provoked a strong downward impulse in the BCH market. The price for the day fell by 20% .
The main trading volumes by which buyers formed a wave of growth from 9 to 11 January are placed above, in the range of $400-600 . What threatens the coin next?
In fact, we expect the price of BCH to fall below $360. In the range of $360-390 is a better chance to buy a coin in the long run.
Our target is $1200. Why this mark? Read our global idea for this coin:
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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BCH-12h. Buyers are preparing for the $548 test.Consolidation in the BCH market continues. Our previous idea worked and the price reached the range of $257-267.
In fact, from September 2020, buyers are trying to break an important mark $372. All counterattacks by sellers are confidently neutralized. The chart shows how well the lower trend line of buyers is working.
Since November 24, consolidation has continued at a big volumes. It seems that the big players are accumulating a position before the start of a new wave of growth.
Now buyers are again trying to break the critical point. The break of this mark will quickly transfer the price of BCH to $548.
However, closing the daily candle below $372 will continue the "exciting" consolidation in the BCH market.
If you like to trade consolidation ranges - we suggest you review our UNI idea:
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
BCH. 3D. A break of $195 will open the way to $160.An old BTC fork showed great promise in 2017. When it was worth $4,000 , many predicted that sky-high growth would continue.
Now, BTH is trading around $225.
The volatility is low and it can be traded as a diversification asset.
From the level $195, the price has already been thrown up several times, but perhaps in order to sell more expensive.
If the price falls below $195, then the next target is below $160.
If everything is very bad on the crypto market, we would gladly buy this asset at $120.
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BTC and Crypto Market OutlookThe market volatility is very high at the moment which will chop up so many ppl. if your in profit set stops immediately. Investors beware at these levels i think distribution is most likely the cycle or area we are in.
Real world use is the only coins worth investing hype specalitive and bs coins ready for doom.
Love to chat! HMU
Binance referral 10895930
BSV/USD is doing better than most othersHere's my idea for what's going down. I'm accumulating already, but will do so more if it drops again.
It's interesting that this chart doesn't seem to be following bitcoin into the downward spiral.
I really think this is becoming a haven of security (alternate to tether/USDT) for people to place their money while the other cryptos find their bottoms.
Short term - might go down a bit
Long term - the moon is the limit, especially with tax season around the corner.
And they're off!!!This has been insane upward pressure today, telling me that maybe the selling of BTC is going into BSV.
I was waiting for that flag to break, and boyyy did it!
If the descending blue line is indeed a neckline, 1:1 gain gives me a HIGH estimate top around $180.
Rotunda Flip!Okay, so I made that jargon up, but it certainly looks like at the end of the flag here BSV got flipped on it's back with it's belly exposed.
(AKA: signs of vulnerability and exposure to BTC's continuing downfall.)
Wait for Confirmation of TrendI'm skeptical of crypto right now, but this seems like it has potential to go either way!
The potential bullflag/handle of the yellow cup did hit 50% of the total cup size, telling me it could go either way right now.
Waiting for a confirmed close outside the region, or pressure either way. Accumulation is overall up as well, so maybe folks are moving their money over here while the BTC continues it's search for a bottom?... Wait and See!
$BCC $BCH Breakout? #BCASH Breakout or A Fakeout?It's a long time cycle on this Bitcoin Fork. But one thing for sure until today, it's always bounce from the very bottom of it. Once the lowest low touch, it gaining massive upwards which consistently we can learn from the chart that is now quite good time to enter a long position. For non-leverage you can accumulate on my green box. For leverage trader please don't go more than 10x. You need steady gains, not "rich quick, poor quicker" tool.
So this is my setup right now. Trade safe.
Pump and dump orchestra on $BCD. What is happening?"New @AtomicWallet release 0.1.31: - Added VeChain main-net $VET & $VTHO, Decred $DCR and Bitcoin Diamond $BCD - Minor bugs fixed and exchange interface improvements. Upgrade Atomic: AtomicWallet.io
Interestingly that this fork of Bitcoin is such a pump and dump orchestra playing to entertain the whale and the smart retailers and fooling the one who didn't know how to enjoy the game.
First of all I've joining the lockup of Binance on BCD wallet, which makes the whale of BCD on Binance pump it up and little bit influence the price of another exchange. Really enjoy this one tho.
Unfortunately, i need to keep watching this one that you guys who don't really watching charts and consider holders for mid-term to stay away from BCD because you could literally lose your money.
There is a lot of coins that you can stake it up, but BCD on for smart trader. TA sometimes doesn't really work here, but a matter of sentiment act towards it's market.
So, after this pump, looking for retracement back to 0.00026 - 0.00028. Thank god I'm alive!