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TheKing CME vs Exchanges- i remember one of my best friends asked me in 2018 if it was good to buy Bitcoin around 4000$.. around bottom, i answered nothing, i just told him life is like a computer, it's like 01010101. You just take a decision then u have 50% chance to be correct and 50% chance to be wrong. - So he had like 50k Euros at that time and he decided to buy a small studio because it was more a " Secure investment ", if he bought BTC by that time he would have 12.5+ BTC for last 2021 bullrun and could sell for 600,000++ Euros after 2 years ( if he sold btc around 50k$). Right now his studio's prices didn't move up or down. so that short story is true, i didn't dream it. i just posted it to explain something very important : - more you invest in something safe more the return will be poor. - more you invest in something dangerous more the return will be good. This simple law is valuable for everything, not only for cryptos. if you buy a studio in center NYC, you will pay it a lot but you will have more chance to be safe, the return will take many years of your short life. if you buy a studio in Cambodia, you will pay it much more cheaper and your invest could be transformed x5-x10 or going to zero. let's back to the trend : - it's important to check the difference between CME and Exchanges. - When retails can buy 10$ in BTC in Coinbase, you need at least 10,000$ to invest in CME. - i noticed this price difference from the last July BTC dip, when BTC dipped on exchanges the price was 17500$ ish. But on CME price bottomed around 18500$ ish and few day ago from now made a kind of double bottom tap. - So to come back to my friend story, do you follow retailers or big hands ? - i will post in comments the next important CME GAPs that BTC have to take back in future. Happy Tr4Ding and St4y Safe !
COINBASE:BTCUSDLong
by thecryer
7
BTCUSD 4 Hour chart - Wanting that base to dropI cant imagine a better time for the crypto market to drop. This is where you reinsert your profits. There are plenty of stories to ascribe the drop to and if BTC hits 26k we will all get the opportunity to watch it soar. In my predictive thought. Everything can fail. We can loose it all any second. including life. So i'm not predicting a path of failure but i am always looking for the signs. News, research, and different groups are all ways to monitor the pulse. For me, for my main method, if i see the geometry before the reason i have to look for other reasons. But my main belief is based on the growing adoption and need for decentralization. If you put the whole story together. Bitcoin was created to facilitate a reverse wealth transfer. from the 1 percent back to the world. All you have to do is take part.
BITSTAMP:BTCUSD
by mindfree
15
BTCUSD 15 minute Chart Patterns - Walking the line - Every day is a news full of misinformation. I do know there is no correlative conversation occurring between the the "market" controlled by the Federal reserve and their behavior, and the market of crypto currency. It seems to me every issue they are discussing trying to avoid with fiat currency and the balloon that value fills, like how to slowly deflate it without pooping would be solved by the adoption of blockchain as a replacement platform. Replacing the Federal reserves identity would be resolved if they would refocus their mission from banks and profit to decentralized market allowing them to find a new source of profit to back their own redefined patriot coin.
BITSTAMP:BTCUSD
by mindfree
7
BTCUSD 1 hour - We need to break Resistance 2 to exit this boxThe consolidation continues, the momentum is building the government is not trying to crash crypto and it seems there are no big plays on the short side, which is interesting because that either shows their is heart or there is massive fear they could pull the rug out from under the whole entity. Perilous moments in advancement do not take a lot to knock down. Look at the path of the electric car. There is a gate and to pass through you have to pay. I really hope the Government is looking closely and getting paid. Soon they may also be replaced by the blockchain.
BITSTAMP:BTCUSD
by mindfree
TheKing play safety- i will try to explain how to play cautiously when we are in this kind of incertitude. - i always try to make some posts to teach peoples how to grow, avoiding multiple rekts and i also learn myself from others peoples everyday as well. - Right now we should be in a consolidation phase, but it doesn't mean that we won't get another dip lower, so have to be very cautious. ------------------------------------------------------------------------------------------------------------------------------------------------------------------- EMA's Method 2021 : ------------------------------------------------------------------------------------------------------------------------------------------------------------------- - So if u look my graph in 2021, BTC dipped from 65k to 28k - BTC dipped under Green EMA50 (50D), then dipped under Orange EMA100 (100D) and finally under EMA200 (200D). - With this Dip you can see on Graph Multiple EMAs Death Crosses : - Green crossed Orange - Green crossed Red - Red almost crossed Orange - Basically what you have to follow is the most important EMA. EMA200 Days, Red One, the most difficult to break. - When TheKing is under that EMA or get rejected, it means we are still bearish. - After the Dip you can see TheKing made multiple bounces and tried to break Orange and Red EMAs. - Then finally BTC broke up EMA200 and started to bounce up on it. ( Buy Time ) - Multiple EMAs Golden Crosses will show a new bullish movement. ------------------------------------------------------------------------------------------------------------------------------------------------------------------- EMA's Method 2022 : ------------------------------------------------------------------------------------------------------------------------------------------------------------------- - in 2022, the same scenario is repeating ( and basically it's always the same for years....) - TheKing dipped from 70k to 33k. - Again with this Dip you can see Multiple EMAs Death Crosses : - Green crossed Orange - Green crossed Red - and this time Red crossed Orange. - After 2022 Dip you can see TheKing again making multiple bounces and trying to break Orange and Red EMAs and got rejected. - So the basic method is to wait a strong break of the Red EMA (200D) - After this break we need at lest 1 confirmation ( TheKing have to bounce on it ) ( Buy Time ) - Multiple EMAs Golden Crosses will show a new bullish movement. - so if you try to look inside the crystal ball. right now a good buy could be around 47-48k. - For now there's nothing to play out. ------------------------------------------------------------------------------------------------------------------------------------------------------------------- What is very important to understand is sometimes there's nothing to trade !, sometimes the best method to trade is to not trade at all and wait. - "Patience is the ability to count down before you blast off" Happy Tr4Ding !
by thecryer
10
A Story of TheKingQuick and short update. - Stories like to be repeated constantly in Trading, that's how traders try to forecast the future. - i invite you to research about elliott wave running flat theories. - 61.8% is still the "Golden Number" and we have to always keep it in mind. - Play like a Robot and don't use sentiments, adapt your trading style to situations. - in FA most of the Time, " Good news are coming when the trend is bearish, Bad news are coming when we the trend is Bullish ". This can be called also "Elite Manipulation". ---------------------------------------------- Target 1 unchanged for now 55,000$. ---------------------------------------------- Happy Tr4Ding !
Long
by thecryer
14
BTCUSD: Difference - Bearish Downtrend | Bullish AccumulationHello my friends! Still a lot of fear on the street. The Greed and Fear Index has just been at 21. Many Bearish posts are circulating. As you know I am still bullish. For me, the Halving Top has not been reached yet. I understand the last correction as a Main Correction towards a Bullish Accumulation. In 2018 this kind if Main Correction was imo the entry into the bearish downtrend. For me, there are three possible scenarios: 1. scenario A "Straight up": this scenario is in line with my previous posts. I am convinced that the posts are still valid. 2. scenario B: I call it "Long Accumulation". Here we see more sideways movements over the next few months in the Fib range 0.382 to 0.114. In a Bullish Accumulation, I put the Fib 0.618 at the last top (Wave 3 up to 5). A kind auf Fib Based Extension. 3. and scenario C: "Bulls Explosion" would catapult us to over 200k by March 22. If you ask me I stick to my primal estimation that we will see the Halving Top July or August 22. Although a longer accumulation with another drop to 35K is possible. In principle, it makes no difference to me as a Hodler. My target is between 1.618 / 2.618 and 3.618. -- Let's see what happens. Happy trading. 😀 BTCINVESTING -- My Post from Dec4: "BTCUSD: And another bad news for bears: buy the dip!" My Post from Jun7: "BTCUSD: Another bad news for bears!" My Post Apr 15, 2019 (2,5 year ago!). I was one of the first btw. ;-) --
KRAKEN:BTCUSDLong
by BTCINVESTING
39
TheKing get the Trend- i was waiting for a little more confirmations but it seems that this dip created a real trend. - we can consider a real trend when we have 3 points in the same line ( traditional trading method ). - You can notice in the graph that this support trend have much more than 3 points. -i made this analyze very simple and clear, everything is annotated in the graph : - Green Zone = Good - Blue Line = Line to break - Red Zone = Bad - For now we have to break this blue line to start a new bullish movement - We have to consider if TheKing dip down under 40k, it will be a very bad sign. (Red Zone) ----------------------------------------- Targets are unchanged : - 86k+ (161.8 Fibo) - 100k (200%) - 115k+ (261.8%) ----------------------------------------- Like Always play wisely and don't go all in, wait for breakouts or wait for Dips. Keep juice for both cases. Happy Tr4Ding !
Long
by thecryer
20
Bitcoin Update 13/12/21: Long Opportunity After the crash on the 3rd December Bitcoin has retested the 200sma just below the 50% fibs, since then BTC has failed to break above the 61.80% fibs @ $53,253. For the past 10 Days since the crash BTC has been consolidating in the whale accumulation zone...we have now broke below this zone and if we fail to break above the 50% fibs we could see BTC fall to the 38.20% fibs @ $43,597 which is a 6% drop from the current price which would leave BTC 57% away from the ATH. Please see previous analysis below. Happy Trading :) Bitcoin Update 07/12/21: From the last push phase in late September, we saw Bitcoin gain 68% in just under 42 days from $40,994 on the 29th September to $69,044 on the 10th November. Our A.I script caught this huge move with a strong Buy signal triggered on the Daily Chart (4th October) catching 47% of this move to the new ATH . This was an explosive move for Bitcoin which was met with some heavy resistance, failing to break above $65k on the 20th and 21st October which resulted in a small sell off with BTC dropping 13% from the 21st October to the 28th before starting the next wave of the rally to a New ATH set on the 10th November. Bitcoin rallied another 20% from the 28/10/21 to 10/11/21. Since setting a new ATH BTC started a slow retracement with BTC unable to maintain the $65K as an area of strong level of support. Our A.I script triggered a strong Sell signal on the 20th November, only 10 days after hitting a new ATH . From the Sell Signal BTC retraced 30%, bottoming with a huge wick rejection at the Golden Ration, which saw Bitcoin retracing just over 61.80% from the ATH price (Huge opportunity of you caught the bottom). The Bull Run is still on! From the current price we expect a small consolidation period as we currently face some heavy resistance at this previous key level faced back in August and September. After a much needed retest of the 200SMA, Bitcoin is showing strong price rejection since the 4/12/21. From the 4th December crash, Bitcoin has recovered 20% already showing strong signs we are still in a bullish market. As mentioned above this is a key price level for Bitcoin and we can expect some consolidation before retesting the $60k price level @ the 78.60% fibs (currently 19% gain away from the price level). From the 78.60% fibs we expect a small pullback before retesting the ATH at $69,044 (Currently 36% gain away). From the ATH our next price target is at the 127.20% fibs @ $80,173. From the current price Bitcoin is 86% gain away from the 161.80% price target @ $94,330 which we now can expect 2022 Q1/Q2. Please see previous analysis below. Happy Trading :) Bitcoin Update 13/10/21: BTC Golden Cross Road to $74k (18/09/21). BTC is showing strong support around 53k-55k, from here we expect a clear breakout above the 78.60% fibs and a retest of the ATH🎯@$64k! Currently BTC is only 12% away from the previous ATH . BTC is now back above 55k for the 2nd time now in 5 months. Please see previous analysis below. Happy Trading :) Bitcoin Update 03/10/21: Since the 30th September, Bitcoin has grown 18%+ over the past 3 days. From the current price level Bitcoin is 33% away from the ATH . Scenario 1 didn't quite play out for BTC as we mentioned earlier during the start of the month (September). From here we can expect the Scenario 2 Push Phase to play out. A clear break from here with the 13 EMA crossing up above the 50 SMA will be further confirmation of this continued bullish momentum pushing above Key Resistance at $46k. September is historically a red month, and this year we saw this across the board from stocks to cryptocurrencies. The BTC Golden Cross experienced on the 16/09/21 signals very bullish momentum. From a technical perspective Bitcoin is in a Bullish market, further to this we have the Golden Cross for BTC which occurred on the 16th September on the Daily Chart (Historically every time we see this movement on the moving averages, we have experienced significant growth in BTC ). The Golden Cross signals very strong bullish momentum which could see Bitcoin back at the ATH price level after a clear breakout above the 61.80% Fibonacci which is a significant level for whale action as we see accumulation around this key price level range between $47k-$52k. From the current price level @ $48k, BTC is 54% away from the ATH price. We expect some explosive movement incoming in the next 2-3 months as we head towards eoy. Please see previous analysis below. Happy Trading :) 🎯 Bitcoin Update 05 /09/21: Bitcoin has been in a steady accumulation range between $46k-$51k for the past 23 days. From this key level we can expect continued bullish momentum towards the upside to the next key level of resistance at $57k. Currently Bitcoin is 25% from its ATH price @ $64k. If we can have a clear break of this resistance and hold above $51k flipping it into support we can expect a bullish run towards the $57k resistance, this move might be met with some heavy resistance above this key level as $58k-$60k is a key psychological barrier for Bitcoin . The next few months are critical for BTC as bullish momentum could see the 127.20 fib target at $74k. Please see previous analysis below :) Happy Trading! $50K incoming again for the weekend 🚀, if we can break resistance and hold above $51k flipping it into support we can expect a bullish run towards $57k resistance. The next few months are critical for BTC as bullish momentum could see the 127.20 fib target at $74k. Please see previous analysis below :) Happy Trading! Bitcoin Update 21/08/21: Road to $74k is clear, but first Bitcoin has to break above $51,068 and flip this into support for the next leg up to the 78.60% Fibonacci level at $57,125. If Bitcoin can flip the 61.80% fibonacci level into support we could see bitcoin approaching the $60K region looking to push for a new ATH . The 61.80% fibonacci level is a key resistance level and a level where we previously saw large amount of whale accumulation in the previous run before the May crash. In another possible scenario we could see Bitcoin retracing and consolidating in the short term but when we look on the lower time frame 4H, the swing call script has just triggered a strong buy signal showing continued bullish momentum for Bitcoin . It is official the Bitcoin Bulls are back!! Please see previous analysis below. Happy Trading :) Bitcoin Update 14/08/21: Update: Currently 4% Gain from this Short-term Swing Opportunity, stops just below $43,812, TP @ $51,068 at the 61.80% Fibs, additional TP at the 78.60% @ $57,125 (19% Gain from current price level). Please see previous analysis below. Happy Trading :) The Bitcoin Bulls are Back! After setting a new ATH @ $64,841 in April, Bitcoin experienced its the first major sell (some may say manipulated) off in this Bull Run Cycle (-50% from the top). We have been closely watching the BTC chart for a strong trend reversal signal. From the ATH @ $64,841, Bitcoin formed a triple bottom in the $28-30k region, the last bottom experienced on the 21st July is confirmed as our bottom here. The Swing Call Script gave further confirmation of the strong trend reversal as a Buy signal was triggered on the 4H Chart on the 22 July and further on the 6th August showing strong signs of bullish momentum back into the market. From here we expect BTC to retest the current ATH @ $64k which is a 40% Gain from the current price @ $45k. Further to this, we can expect some heavy resistance between the 61.80% - 78.60% fibonacci level. A clear break past the 78.60% fibonacci level see BTC setting a new ATH at the 127.20% fibonacci level. Please see previous analysis below. Happy Trading :) BTC finally testing the 200 SMA and is showing strong signs of bullish momentum as we see the BTC Bulls coming back into the market 🚀. After 4 failed attempts of trying to break above the key resistance @ $38,595 BTC has finally broken above this key price level. Since the crash BTC found its Bottom tanking down -51% on the 19th May to $28,787 from $57,777 and had previous retraced from the ATH price @ $64,841 to $46,814 (-27%). BTC has been in a whale accumulation zone for the past 27 days from 19th May to 15th June. Our Swing Call Script triggered a strong buy signal for #BTC LONG when the 13 EMA crossed up above the 50 SMA on the 10th June; BTC has since increased over 10% in just over 5 days. From the current price level we have longs positioned and the current TP 1 is at the 127.20% Fibonacci level @ $74,647 (85% gain from current price level) and TP 2 at the 161.80% Fibonacci level @ $87,122 (116% from current price level). Note the price targets are for long term swings, we may be in this accumulation phase a little longer. Happy Trading :). See previous analysis below. Bitcoin Update 02/04/21 Next Target @ $66,953 13% Gain New ATH in April I've loved charting BTC last Month, analysis has been quite spot on just waiting on our new ATH now @$66,953 13% Gain from current price level. #Bitcoin has found key support around $58k price level. It looks like the Bitcoin Bulls are back in the market. Worst case scenario from here in the short-term could see the price test the 50SMA, and breaking below this level would see another test of the 200SMA before the anticipated move to the upside and our target of $66.953 at the 127.20% Fibonacci level. See previous analysis below. Happy trading :) Update 29/03/21 Bitcoin next Target @ $66,953 21% Gain Nice bounce from the whale accumulation zone at the 78.60% Fibonacci Level. Looks like the BTC Bulls are back in the market. See previous analysis below. BTC Monthly Outlook Update (23/03/2021) Approaching Whale Accumulation Zone at the 78.60% Fibonacci level @ $52,371. Interesting next few days from here as a bounce from the 200 SMA at the whale accumulation zone could finally see us break through the key resistance at the current ATH level from 14/03/21 @ $61,690. April is set to be a very interesting and pivotal month for the cryptocurrency space. See previous analysis and monthly outlook below. Happy Trading :) #whaleaccumulationzone Update 21/03/21: Yesterday the Bulls failed to push the price higher and we had a small retracement down from $59.5k to $55.6 where we found some support of the current price level (-7%). From here the worst case scenario would find us in a key whale accumulation zone @ 78.60% Fibonacci level $52,371. However this scenario is unlikely to play out and as expected from the previous outlook before, we expect the Bulls to come back in the market, pushing as further to higher highs as we have been consolidating around this key price range between $54.5K to the current ATH @ $61.8k. If we fail to break past the previous ATH , the bearish scenario may see a test of the 200 SMA around the 78.60% Fibonacci level, otherwise the Bullish scenario is still in play. Note that from this current trend from 28th January we have only tested the 200 SMA once and a bounce from this level may signal a much stronger bullish move towards our price target $77,335 @ the 161.80% Fibonacci extension and further $107,340 @ the 261.80% Fibonacci level. So far great performance this month from £BTC as March is usually quite a bearish month looking back at the past. April looks ready for us to really fly, testing the 161.80% Fibonacci extension , but note this may not be a straight forward push but all the fundamentals are pointing towards the $70K as our next significant area of interest for the Bulls, currently a 16% gain from the current price level would see BTC reach $66,953 127.20% Fib extension. See previous analysis from 1st March 2021 below. Happy Trading :) $BTC #HODL *Update 20/03/21 #BTC Monthly Outlook Update from 1st March 2021; 13 EMA crossing up 50 SMA showing strong bullish sentiment as we are about to enter the last week of the month, expect the bulls to come back and to push the price higher. Currently the 127.20% Fibonacci Target ($66,953) has not been tested yet, but we expect some big movement in price over the next few days and further going into the last week of the month (Yes, it has been March Madness), 13% Gain from the current price level @ $59,390 to $66,953 127.20% Fib extension. Our next target after this is $77,335 @ the 161.80% Fibonacci extension . From our analysis at the beginning of the month It looks like scenario 2 has been in play, see below previous analysis from 2nd March 2021. In addition to previous price analysis, the Cryptocurrency 'Super Cycle' is in play as we are just at the brink of global adoption. 2017/18 was the hype era, we cannot continue to set targets based on the price movements during the cycle mainly fuelled by hyper and euphoria, it is now 4 years later and real development has been happening behind the scenes, a lot of people cannot quite comprehend the growth and the different cycle that we are now in as Moore's Law of exponential growth can only give us a hint at the growth that is about to be experienced over the next 4 year cycle. An increased influx of capital injection into this now trillion dollar market will only continue, as Defi takes its hold on current Global financial infrastructure, and yes history repeats itself, We call this the 'Roaring 20s' just like before at the end of WW1, the pandemic has only accelerated the current adoption rate of blockchain technology. As some are already aware, the best time to grow a million dollar portfolio was from 2009 to 2019 just after the housing market crash. The second best time in our lifetime is Now! from 2021 to 2029 after the pandemic market crash. We are still very much Bullish for BTC to reach our EOY Target of $356,000, See below key fundamentals which support our bullish sentiment. *(March 02, 2021 Update) BTC is currently consolidating at 61.80 Fibonacci Level. BTC outlook for the month ahead is still very much bullish . Although the sellers have been in control of the market since soaring to a new ATH on 21/02/21, BTC took a sharp retracement as expected at these new level of resistance as well as a new ATHof$58,792 on the Gemini Exchange. As from historic highs we see a lot of profit taking occurring after 3 weeks of setting new constant highs from the previous low of the last push wave which saw BTC setting a high of $42K and then sharply retracing down to $28,787 where we found the previous resistance and also the beginning of the last phase which saw one of the greatest run of Bitcoin in history, reaching the current ATH of $58,792. With the current push phase now over we find ourselves asking how low can we go from here and when do we expect to break past a new ATH . This outlook is based on 2 possible scenarios which could both play out. We have seen the 50% Fibonacci retracement level respected on the last 2 Push phases which both set new ATHs, the first being $42K and latter, the recent high of $58K. As we have seen a strong retracement over the past 7 days back down to the 50% Fibonacci, it may be time for the BTC Bulls to regain control of the market as the current fundamentals point to the 50%-38.2% Fibonacci level of key resistance as well as a point of accumulation for the BTC whales, more importantly the $39,000 mark when looking left at the previous key resistance before the parabolic move to the $58k ATH . With this in mind, from the current levels we could see the price of BTC sink further before the much expected move which could see BTC testing the previous High of $58k and further pushing to the 127.20% Fibonacci extension level setting a new ATH @ $66,953. Scenario 2 would see the current push towards the ATH continue but may face some resistance, and further consolidation expected around $46k-$49k as they are the key Whale Supports towards the upside, so a further retracement could be in play, possibly testing the 50% Fibonacci level, as well as the 50 SMA , with a bounce confirming an explosive move to the upside which could see BTC easily smash past the 127.20% Fib extension level setting new fresh Highs between $67,000-$78,400+ by mid to late March. Use the buy zone indicated to map out your position as a possible 52% gain is achievable from the Buy zone. Stochastics showing an extremely oversold market condition. Happy Trading :) * Key Supporting Fundamentals for BTC: Strong Interest of Institutional Players A survey of institutional investors and wealth managers who already engage with bitcoin reveals that 85 per cent plan to increase their investment in the cryptocurrency over the next two years. The survey, which was commissioned by Nickel Digital Asset Management (Nickel), a regulated investment manager connecting traditional finance with the digital assets market, also reveals that between now and 2023, 72 per cent expect professional investors in general to invest in bitcoin for the first time or increase their exposure. Current Economic Instability The policy of the US Federal Reserve and the economic instability that has arisen as a result of the unprecedented emission of new dollars may further play a role in the growth of Bitcoin price...10% of the $380 billion stimulus money could be going directly into cryptocurrencies and Bitcoin . Digital Gold Crypto currencies certainly look as if they’re here to stay. It makes a lot of sense to have them in an increasingly digitised world. While bitcoin has a strong tendency to polarise opinion, it has now gained acceptance among some of the world’s largest financial institutions and payments companies. MasterCard, for instance, has said it will begin supporting crypto currencies on its network later this year. PayPal already allows eligible users to buy, sell and hold bitcoin in the US and expects to roll out its service in other territories soon. The Case For Global Adoption and New Reserve Currency Cryptocurrencies promise to help solve problems that are particularly acute in emerging markets (EM). Their governments are often centralized but relatively unreliable, which destabilizes currencies, opens the door to profiteering middlemen, and erodes public trust. Blockchain, the technology behind Bitcoin’s decentralized network, promises to cut out the grasping hands of governments and middlemen, and speed up transactions with more transparency and lower fees. It is offering what many EM customers are desperate for. The Development and Extensions of Blockchain Technology Due to the nature of blockchain technology’s ability to benefit all parties involved in different business operations. Since it was introduced in 2009 through the application of Bitcoin , blockchain technology continues to attract not just the financial institutions of the world, but also other fields and industries in insurance , law, entertainment and the Internet of Things ( IOT ) applications. Several scholars and advocates have also strongly suggested the use of the technology in voting systems globally, medical records and vehicle registrations by the state to further increase efficiency, simultaneously eradicating fraud in many areas. This technology does not only aim to improve conventional business operations but can also empower the greater society out of poverty as 1.7 billion adults in the world remain unbanked. The widespread adoption of a cryptocurrency like bitcoin running on the blockchain would mean that anyone with access to the internet can send and receive value from point A to B without the need of a third party. Although many Banks were very hesitant and in fact spread fear in the markets due to cryptocurrencies being linked to nefarious activities on the dark web. A recent study by Goldman Sachs suggested that the adoption of blockchain technology in facilitating seamless cross border transactions without the worry of fraudulent transactions could save up to $6 billion a year; as the new models currently being developed by the bank would mean inefficient payment and accounting networks would be eradicated.
GEMINI:BTCUSDLong
by CryptocurrencyMagnet
TheKing D3 ichi & BB- Quick update from my last analyze with a little more points of interests. this graph is a little messy but everything is annotated. - i always say if u don't see clearly the situation, change your timeframe and look from more far, so i used 3 Days Timeframe. - more we look from far, less we have delay, and more easy we try to detect the scheme. - So this is not really a price analyze but a kind of scenario with a trading plan, combined with only 2 indicators ( ichimoku cloud + Bollinger Bands ) ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Case 1 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ - You can notice in the graph that in last July BB started to get thinner and compressed, from there we started a reversal trend and got another pump. - You can also notice that we are in the same situation right now. - So the case 1 could be a touch and go from 51,000$ (BB + EMA50 3D support (EMA not in graph)) ------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Case 2 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ - ichimoku cloud built a strong support flat zone (Flat ichimoku support Zone in Graph) - TheKing could dip and start from this zone a next bounce. - So case 2 could be a possible rebound around 47,000$ ------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Case 3 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ - TheKing will finish his retracement from his last push and back to 61.8% - the same happened in May when we dipped back to build a support around 30,000$ - So case 3 could lead us to touch 44,500$. ( Worst Case ) ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Like always don't forget that everything is just speculation, manage your trades, don't go all in, be patient and believe in TheKing. Happy Tr4Ding !
Long
by thecryer
14
TheKing and TheCloudEverything is in Graph, just follow the clouds and stay zen for now. This analyse is based on Weekly TF, less noise and more clean movements, i just used only ichimoku cloud as indicator. After bears tried multiples time to down TheKing under 28k and failed constantly, we could get soon a new green market. Of course we could get a trap with a bad tricky news but the finality stay the same, BullMarket is not yet over, so we will up. ----------------------------------------------------------------------- Trading Parts : ----------------------------------------------------------------------- - First Target 38k - Second Target 40k ( after 40k break, we could start a super bullish movement ) - Third Target 88k ( preservative ) ----------------------------------------------------------------------- Last Target 160k unchanged from my last analyses. Happy Tr4Ding !
CME:BTC1!Long
by thecryer
10
Bitcoin lost a battle - i made everything simple as i could in the graph : - So Theking had a big a fight around 58,000$ trying to build a new support but Bears won the Battle, that said, the war not yet finished. - The Parabolic Arch (Grey Arch) i wrote on my last analysis is broken but BTC is still on his support trend ( in Blue ). - As you can see in graph we are forming a new clear descending Triangle (Yellow Line) - The Circle i named " Zone of interest " could be the next possible zone of a breakup. - Right now have no reason to panic for this retracement. - imho this bullrun not yet over. ---------------------------------------------------------------------------------------- Trading Plan ---------------------------------------------------------------------------------------- Buy Zone : 55,000$ (50% Retrace ) Rebuy Zone : 50,000$ ( 61.8% Retrace + EMA200 ) Rebuy Zone : 45,000$ ( 78.6% Retrace + EMA300 Support ) Next TP unchanged : 87,000$ ish ---------------------------------------------------------------------------------------- Like always on the up take your gains, and when have a dip, be patient and rebuy at the good time. This is the way for the win. Happy Tr4Ding !
Long
by thecryer
23
TheKing Parabolicit's really hard for traders, including me, to understand and calculate BTC paramoves, sometimes TheKing starts to be in raging mode and we are lost in parabolics spaces. This the time when u don't want to try to short for extra gains, When u swim u have follow the river, you don't try to reverse it, you will lose your time and your energy. - in this simple Scheme i drawed 2 Arcs trying to understand this new parabolic move ( Pink Arcs ) - 161.8 is around 70,000$, this was the target from my last analyse ( i will post it in comments ), Right now we can see that BTC made a sideway consolidation in a triangle and this triangle was now brutally broken. ( From last analyse also, i will post in comments ) - Next Target should be around 88,000$ (2 in Graph ) fowarded maybe by a retracement to 74,000$ ( 50% Fibo ) ( Retracement in Graph ) - One important Target is 100,000$, this is a round number in peoples minds, scare, fear and panic could appear so we have to be very carefull around 100k. ( 3 in graph ) - Extension could drive Whales to give a last push to help BTC break 100k and reassure Retailers, it could lead us to 120,000$ ( 4 in Graph ) "Let TheKing Leads Us and Believe in Future" Stay Safe and Happy Tr4Ding !
Long
by thecryer
4
TheKing still bullishThis is very basic and simple analysis. Like i said many times in my older posts, " more u look from far, more you will have a chance to get the right scheme". i like to post when the fear is coming around after a weak small retracement. - This analyze Starts from 2017 BullRun. - This Analyze is based on 2 Weeks Timeframe and only MACD Columns. - All you have to do is to count the columns and get the idea. 1 column = 2 weeks. - in this bullrun we made 350 Days of Green followed by 125 Days of Red. - Now we just started to make 2 Green Columns ( 2 Columns = 1 Month ) + MACD just crossed up. -So when u saw before we stopped to make green columns after 1 month (2 Green Columns) ? -Don't listen Fuders, Shorters, and Haters, the real money in BTC comes from Whales, Real Buyers accumulate, Hodlers and Miners. -Everything can happen and a FUD can come from a Bad News but don't underestimate the power of TheKing! Happy Tr4Ding !
BNC:BLXLong
by thecryer
15