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March 16 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is down 1.35% over the last 24 hours and fell to an intraday low of $23,908.45. On March 14, the bulls managed to push Bitcoin above the key overhead resistance level of $25,250. However, the presence of a long wick on the candlestick suggests that the bears are not willing to give up. The 20-day exponential moving average, or EMA ($23,012), has started to turn up, and the relative strength index (RSI) is in the positive territory, suggesting that buyers have an edge in the market. If the price remains above $25,000, the BTC/USDT pair may have the potential to surge to $30,000. Today’s Cryptocurrency Headline Fidelity Crypto Investment Product Now Available to All Users Fidelity Digital Assets has recently made its crypto investment product, Fidelity Crypto, available to the general public. This move allows millions of users to trade Bitcoin and Ethereum on the platform without paying any commissions. The app was previously restricted to a waitlist. Now, new customers can create a Fidelity brokerage account during the setup process to gain access to Fidelity Crypto. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
EOS Sooner Or Later ⏰ Analysis #28/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EOS has been stuck inside a big range between the 1.0 support and 1.4 resistance. 🏹 If we retest the blue support again, we will be looking for buy setups on lower timeframes For the bulls to take over long-term , we need a daily candle close above 1.44 resistance. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
2
BTC Make or Break Zone ❗️ Analysis #26/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC is still struggling around the 25,000 resistance zone. Here is what I am waiting for: 📈 on DAILY: Left Chart For the bulls to remain in control / take over long-term, we need a Daily Candle Close above 25,000 📉 on H1: Right Chart Meanwhile, the 25,000 is still acting as a resistance zone. If we break below 24,000 then the bears will take over to start a correction till around 22,400 Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
31
DOGE Long-Term View 🔎 Analysis #24/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. DOGE has been been overall bearish trading inside the red falling channel . 🏹 For the bulls to take over long-term , we need a break above the upper red trendline and 0.09 resistance. Meanwhile, as we approach the blue support or green demand again, we will be looking for short-term buy setups 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
2
Total CapThe crypto market has seen tremendous growth in recent years, with an increasing number of individuals and businesses adopting cryptocurrencies as a viable alternative to traditional fiat currencies. This has led to a surge in demand for blockchain technology, as it provides the foundation for cryptocurrencies and enables secure and transparent transactions. One of the most promising applications of blockchain technology is in the field of decentralized finance (DeFi). DeFi is a financial system that is built on blockchain technology and is designed to provide users with greater financial autonomy and control. It enables users to access financial services without the need for intermediaries such as banks, and allows them to trade, borrow, and lend cryptocurrencies in a decentralized and secure manner. Moreover, the integration of artificial intelligence (AI) in the crypto industry is also on the rise. AI has the ability to process vast amounts of data quickly and accurately, and can be used to analyze market trends and make predictions about future market movements. This has the potential to revolutionize the way people invest in cryptocurrencies, enabling them to make more informed decisions and ultimately generate higher returns. Furthermore, the adoption of AI in the crypto industry has also led to the development of more sophisticated trading algorithms that can execute trades automatically based on predefined criteria. This has led to increased efficiency and accuracy in trading, as well as a reduction in the risk of human error. In conclusion, the expansion of the crypto market, the adoption of AI by the industry, and the advantages of DeFi are all exciting developments that have the potential to transform the way we think about finance and investing. With continued investment and development, we can look forward to a future where cryptocurrencies and blockchain technology play a central role in shaping the financial landscape, and where DeFi and AI enable greater financial autonomy and control for users all over the world.
CRYPTOCAP:TOTALLong
by SophiaAnderson
March13 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 9.55% over the last 24 hours and rose to an intraday high of $22,600.00. The largest cryptocurrency has rebounded above $22,000 after stablecoin issuer Circle announced the company will stand behind USDC and cover any shortfall using corporate resources, involving external capital if necessary. The rebound witnessed today has resulted in the relative strength index (RSI) returning to a neutral position, indicating a substantial decline in the short-term selling pressure. If the price maintains above $22,000, the BTC/USDT pair may reach $22,800. Today’s Cryptocurrency Headline SVB Draws Support From More Than 100 Investors and Venture Firms According to Bloomberg, more than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls to limit the fallout of the bank’s collapse and avoid a possible “extinction-level event” for tech companies. As of Saturday afternoon in San Francisco, about 125 venture firms including Sequoia Capital had signed on to the statement, spearheaded by venture firm General Catalyst, according to a person familiar with the matter. First released Friday by a smaller group of signatories, the statement called the events of the last two days “deeply disappointing and concerning,” and said that the investors would continue relationships with the institution if it were bought by another entity. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 10, 2023Technical Analysis and Outlook: The coin continued to downfall passed our Mean Supports of $21,500 and $20,476 this week to complete the Outer Coin Dip of $19,700. Once this completed knockdown is verified and validated by Trade Selecter System, we will see the rebound - the initial target of Mean Res of $20,900 with a possible extension to Mean Res of $22,500. The rally to Key Res of $25,000 and the Outer Coin Rally of $26,000 is postponed until further notice.
BITSTAMP:BTCUSD
by TradeSelecter
March 10 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is down 6.35% over the last 24 hours and fell to an intraday low of $20,042.72. The largest cryptocurrency plummeted today after the fallout from Silvergate Bank’s demise. The strong support at $21,350 was not able to hold the massive selling pressure, suggesting that bears are in command. The moving averages have completed a bearish crossover and the relative strength index (RSI) is in the oversold territory, indicating the market sentiment is negative. If the BTC/USDT pair drops below $20,000, the price may drop to $18,500. Today’s Cryptocurrency Headline Share of Crypto Startup Sold at Discounts on Secondary Markets Richard Freemanson, CEO of secondary market trading platform Birel, confirmed that shares in numerous private crypto startups are currently selling at significant discounts on Birel.io. These startups include Alchemy, Blockchain.com, Chainalysis, Kraken, ConsenSys, Blockdaemon, CoinDCX, and OpenSea. Block equity offerings by the above companies range in size from $3 million to $50 million, and discounts vary widely. Most notable were Blockchain.com and ConsenSys, who have shares on offer at discounts of 74% and 71%, respectively, to their latest funding rounds. Chainalysis shares are up for sale at a 61% discount, OpenSea stock is available at a 51% discount, and a CoinDCX block is listed at a 47% discount. The Alchemy, Blockdaemon and Kraken shares are discounted by 31%, 30% and 9%, respectively. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
BTC - Inverse Head & Shoulders 🍰 Analysis #10/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we know that BTC is still in an Accumulation in the shape of a potential inverse head and shoulders . 📉 As mentioned, for the right shoulder to start , we need a break below the last major low from H4 (in gray) Now since, we had that break, the next step would be rejecting the 18,000 previous major high and demand zone. But of course, we will not buy blindly there. Especially that this bearish movement now is driven by fundamental news. 📌As per my trading style: As BTC approaches the 18,000 zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
26
XRP - Long-Term View 🕝 Analysis #8/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. XRP has been overall bearish trading inside the falling brown channel. XRP is currently rejecting a strong weekly support 0.30 so we will be looking for buy setups. 🏹 Long-Term: Left Chart For the bulls to over from a long-term perspective, we need a weekly candle close above 0.6 which would be breaking both the last major high and upper brown trendline. 📉 Medium-Term: Right Chart For the bulls to over from a medium-term perspective, we need a daily candle close above the orange zone 0.420. And as price approaches the 0.320 support we will be looking for short-term buy setups. Which scenario do you think is more probable and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
2
LTC - Approaching A Support 🔑 Analysis #6/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. LTC rejected the 100.0 weekly resistance and traded lower. Now it is approaching the lower red trendline. Moreover, the zone 60.0 a strong weekly structure. 🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the red support zone and lower red trendline. (acting as a non-horizontal support) As per my trading style: As LTC approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
3
BTC - Still Bullish ❓❓Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we know that the correction already started by breaking below the gray H4 low. 📉 BTC has been bearish from a medium-term perspective trading inside the falling channel in red. This channel reminds of the previous one a couple of weeks ago. 🏹 As mentioned in the last BTC video update, for the bulls to kick in , hence start the next bullish impulse, we need a above the upper red trendline and last major high in red. (around 22,600) Meanwhile, BTC can still dive inside the 21,000 support zone. If we break 21,000 downward from daily, then we will expect further long-term bearish movement till 19,000 Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
15
LINK - The Castle Is Still Strong 🏰 - Analysis #5/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. LINK has been stuck inside a big range for a couple of months now. At least it hasn't melted like many altcoins during the bear run. 🏹 For the bulls to take over long-term , we still need a break above the entire range / above 9.5 Meanwhile, since we are approaching the lower bound of the range, we will be looking for short-term buy setups . 📉 LINK is now sitting around the orange support zone (6.5) so for the bulls to take over, we need a break above the last H4 high (in gray) If we break below the orange support, then a movement till the green support (5.0) would be expected where we will be looking for new buy setups. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
5
March 6 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 0.15% over the last 24 hours and rose to an intraday high of $22,570.52. The largest cryptocurrency plummeted below the $23,000 support on March 3 due to concerns about the solvency of crypto bank Silvergate. The 20-day exponential moving average ($23,085) has started to turn down and the relative strength index (RSI) is below 44, indicating an advantage to the bear. The sellers will try to pull the price below the February 13 low of $21,351. If it happens, the BTC/USDT pair may drop to the vital support at $20,000. Today’s Cryptocurrency Headline ConsenSys' zkEVM Testnet Will Live on March 28 Ethereum infrastructure development firm ConsenSys will launch a public testnet for its zero-knowledge Ethereum Virtual Machine (zkEVM) on March 28. Its private testnet has processed over 350,000 transactions. ConsenSys has not set a date for when their zkEVM will move out of the testnet phase, but Nicolas Liochon, ConsenSys R&D director and head of the ZK business group, said it should happen by the end of 2023. In January, ConsenSys’ zkEVM testnet opened a private beta version to 100 selected users, and now it's open for anyone to join.
by BingX
BTC - Accumulation Phase In Progress! 📊Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC is still stuck inside a big range / Accumulation in the shape of a potential inverse head and shoulders. 🏹 For the head and shoulders pattern to be completed , we need one more bearish movement till around 18,000 to form the right shoulders. Then, for the pattern to get activated, hence enter in the Markup phase, we need a break above the blue neckline. 📌 Meanwhile, for the bears to take over and start forming the right shoulder, we need a break below the last major low in gray (21,000) In this case, as we approach the 18,000 demand zone, we will be looking for short-term buy setups on lower timeframes. Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
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