DOGE again against the market, another takeaway!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The asset showed good growth this week and again came to $0.1 resistance
Since the last TA, all the goals that I singled out as a percentage have reached the mark, who gained in the $0.07-0.072 zone, I think you can already start destroying the position and move the stop into a fat plus.
Speaking from the technical side, the $0.1 level is not a strong resistance level, and if PUMP continues, the asset will most likely reach $0.12-0.15
Also, the chart showed a possible correction towards $0.075-0.08 if the asset corrects in this range, I will consider LONG at 1-2% of the deposit.
Btc-doge
HZUSD | Coin overview. Detailed analysis.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
On the eve of the World Cup, the asset was trading at $0.20-$0.21, let's call it the green zone.
However, after the start of the global tournament on November 20, the Chiliz network, which allows teams to create fan tokens, lost its bullish momentum and lost more than 20% in value.
On the technical side, the graph now looks like this:
At the moment, the asset is trading at $0.1789-$0.1870
I marked the support level on the chart with a red rectangle $0.17-$0.155 as a zone of interest.
I also highlighted a countertrend line on the chart, which is resistance. If we consider growth from support, then it will be in the order of 80% profit, I think that this can happen in a short time.
While we are watching how bitcoin continues to correct, with a further recovery, the CHZ asset will go up!
RISE OF THE TRUE OG'S! SEC CAN'T TOUCH THIS!Digibyte and Litecoin have had very similar movements over the years, sometimes DGB leads the rally sometimes LTC leads the rally. They have both been in a macro multi year ascending triangle and I believe the breakout is very near. The SEC is coming after everything and there is no doubt about that. On coinmarketcap there is maybe 5 or 6 cryptos that are no unregistered securities. In my mind, I believe the only ones to survive are going to be Bitcoin, Litecoin, Digibyte. Digibyte like Litecoin has had 100% uptime and never been hacked. The digibyte blockchain is strong and its virtually impossible to attack the blockchain in any way with all the upgrades and its multi algorithm mining. Litecoin is starting to pop into attention lately because people are realizing how solid it is and how decentralized and fairly distributed it is. Litecoin will be number 2 in the coming years right under Bitcoin, mark my words and i think that Digibyte will be right in the top 5 as well. Im not sure about DOGE because of how unbalanced the supply is where I think its like 60% of the tokens are held by 6 wallets. Either way once people realize that these "amazing projects" they hold like SOL, XRP, ETH, BNB, ADA and all of them that had an ICO are all unregistered securities and will be shut down. these OG cryptos like DGB, LTC, BTC are all going to take center stage. DGB had a small pre-mine but its supply is very well distributed and its fundamentals are absolutely solid with 100% uptime, its passed the test of time, its decentralized with only a volunteer community working on it, and its a strong community. POW mining will never go away. all these POS coins are all centralized and will be shut downl. POW itself will evolve into a more energy efficient and even more secure method but it will never be shut down. Big money doesn't want to buy and use Solana with more outages than Puerto Rico, or XRP where the supply is practically infinite and the creators have GIANT bags, no way. Institutions want regulation of the decentralized cryptos, I know that sounds like an oxymoron but thats what will happen. Privacy coins are out of the picture it wont happen, they will all be banned from exchanges and their off ramps to fiat or Bitcoin or any other crypto will be shut down. Theres never going to be a fully decentralized money, ever and we're never going to beat the SEC or the government, it wont happen. People say that Litecoin has Mweb and its privacy, well the fact that people dont realize is that Mweb is not private like Monero or Zcash, its trackable easily if the government wanted to track a transaction. Its just private enough for the everyday user to keep his info private from the other person they are sending money to. Its a good thing, imagine if we went into a store today and bought a six pack of beer with our debit card and on the receipt it would say how much is left in the bank account? That would suck, the teller would know or anywhere you use it would know. Thats what Mweb is good for. So I know Im ranting and Im sorry, I just have alot to say. Bottom line is, every crypto no matter what it is if it had an ICO, and there is a centralized team running it will be shut down. That includeds Ethereum, ETH is going to get taken down with the rest of them! Ethereum classic may rise from the ashes when this happens but Im not sure it can scale that much. Litecoin and Digibyte on the other hand could take every Dapp and project out there and run them on their blockchains and they wouldn't even flinch, and honestly how many project and DAPPS will be left? I think also in the future with POW there will be merge mining of all the blockchains that are being used and the mining will be regulated so there will never be an attack on the blockchain. Right now its still the wild west and anything goes. Two people in the world net wroth is worth what the entirety of the market is worth, thats not good and its just in the infancy. The crypto bubble is popping and only the strong will survive. THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY CRAZY OPINIONS AND SPECULATIONS, DONT LISTEN TO ME :)
FTX-Alameda Crisis This could kill SOLANA!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Questions often come up, what do you think about SOL, is it worth opening positions or even buying for the long term. Guys I am writing this especially for you to make it clear! Yes, this is a speculative asset and here you can act locally on ETH and Bitcoin rebounds, well, if you are without experience and knowledge, it’s better to think 100 times before entering this asset at this point in time. Now I will try to explain why.
I will try to write briefly and clearly, this story is now heard from everywhere, so perhaps you will not see anything new for yourself.
Everyone has probably heard about the FTX exchange and what happened to their CEO Sam Bankman, he went bankrupt.
The chart shows that the price of SOL has lost 68% and this is all due to the collapse of FTX.
SOLANA is also most likely to collapse!
The fact is that the Solana network is supported by Alameda Research, which, along with FTX, is owned by Sam Bankman-Fried. And the whole nasty chain of events that led to the hasty decision to take over FTX by its rival Binance was fueled by reports that cast doubt on Alameda's balance sheet. In addition, SOL may have another problem.
Quoting one of the sources:
Withdrawal from staking will kill the coin:
Investors are bracing for a surge in selling pressure with the issuance of 80 million SOL coins from staking contracts. This amount was not introduced to the market immediately; instead, the whales are more likely to split it across multiple trading platforms.
However, the result of releasing millions of SOLs to the market will inevitably lead to increased selling pressure going forward. This will keep retail investors away from the project.
In addition, there was an increase in the number of validators who closed their positions after the release of 80 million SOL tokens. This means that the tension in the market will increase significantly.
Will the asset recover in the near future?
First, investors are in a state of fear. And with 80 million additional SOL tokens hitting the markets, it doesn't look too good for the project and its investors. In addition, SOL is currently the biggest loser on the weekly charts among the top 100 tokens.
Nothing in the project is credible, at least for now. In addition, the overall cryptocurrency markets are at their lowest level in years. The way out of this predicament will no doubt take considerable time. Moreover, we still do not know the full extent of the FTX infection.
In general, guys, there is only one conclusion: you should not look at this project at all even if you want to invest a very small amount and expect to catch some kind of rebound and thinking that everything will return to its place and the asset will again fly into space. Until Sam solves his problems, you can forget about the project!
EOS : WHEN ITS GOING DEPENDING THE TRADING PLANEOS for the long term is very interesting.
We know it did break down from high but there are possibilities for a recovery.
Out of the speculation that this coin can become a Twitter payment system coin and it has already a history with social media, this is based more on some info that we did share before.
It's always good never to trade depending on speculations as we will never know 100% until there are updates coming.
This view shows only the way E OS could increase in the coming time.
EOS did show before that it can go against BTC, and that it can increase with volume, as it did before from a low 3 USD to 22 USD price into the short term.
We will check the coming time or if there will be some volume, as at this moment still the right volume is not confirmed.
Good trading times. and with time we will follow or EOS has gained new price views.
This is not a view to buying EOS, but only to see our view.
Trading will stay always risky
SOLUSDT | A change in the local trend is expected!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
At the moment, the asset is in correction from the $33 zone, which is now a strong resistance.
I think against the backdrop of a local rebound in bitcoin, we can expect sol to go up by $30-33, after which we can expect the correction to continue in the range of $26-25 again
For a speculative purchase, I will wait for the $ 25-26 zone from there, you can start buying back the local bottom in small quantities.
RUNEUSDT|Overview| Don't rush...hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
At the moment, the asset is testing the trend line from the reverse side as a support level, there is a possibility that a rollback to the $1.475 support zone will follow again.
So far, there is a small puncture of the countertrend, but due to the fact that bitcoin may lose the support of $19.500, we can see a decline to the 1.475 zone and from there it will be safer to make a decision in LONG, although the option to bounce off the trend line also looks good!
Update Idea
SHIBUSDT| You can still wait and buy below!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
SHIBA is almost similar to DOGE, if you look at the chart, you can see a similar downward trend line and one to one accumulation zone!
Yes, and in principle, assets go one after another, recently there have been fraudulent pumps here and there, so there is nothing to be surprised at)
In general, this is the plan, I also singled out two zones of accumulation: the first zone dragged on for 138 days, the second zone has already been going on for 155 days and I think that it will continue further + - 15-30 days
As soon as I see the $0.00000850 zone, I will buy the true bottom!
🚀🔥Tron (TRX) test the STRONGEST value area. New long signalHi friends! TRX is moving slowly to it`s targets. I think that the pullback ca help him to reach the targets much faster. Local dump force the weak hands sell their TRX with discount to the wales.
📊 The preconditions to open a long are next:
🔥 pullback to the $0.59-0.62 value area and test it as the support(!)
🔥 the volume growth which confirms the pressence of buyer. Take a look on the volume indicator. The same volume bar growth I expect now.
🔥 DOM and Footprint scalping tools show the HUGE limit orders wall to BUY. Usefull tools for scalpers and swing traders.
🔥 the bullish BTC force all the altcoins to move in the same directions
📊 The targets:
1. $0.065 - the key level
2. $0.067-0.07 - the closest value area
3. $0.08-0.82 0 the value area and mid-term target
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
🚀🔥Long on DOT: same situation as with XRP before 40% PUMP!Hi friends! Just take a look on the chart and volume indicator. Do you see how many times the whales buy the bottom of DOT? I think they do it to make money unlike the retail traders who buy at the top and sell in loss).
The spike of the volume is always at the bottom, as you can see on the indicator. This means that the big players might already accumulate enough DOTs. The same situation were to XRP before the PUMP:
1. a lot of buyers at the bottom
2. lost interest to the coin from retail investors/trader
📊 I see this preconditions to open a long:
🔥squeeze to the upper trendline
You can try to open a local trade on the wedge breakout if you are the intaday trader.
🔥 bulls BUY limit order wall which is support the price and doesn't let it to fall
🔥 bullish BTC pull the altcoins to the top.
🚩 I use DOM and Footprint dcalping tools for the purpose of identifing the big players. Big players are the reachest on the market and as you know they choose the right size in the most cases. I prefer to follow the whales.
✅ The targets for the long:
1. $7-7.33 - the closest value area and resistance
2. $8.05 - the key level
4. $9-10 is importan psychological value area for traders. A lot of them will book the profit here
🔥 I also recommend you to book profit at least 25% when the price reach the targets.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
Market Update 9/27/22 Structure FormingTIMESTAMPS:
________________________________________
Intro 0:00
APPL What I want to see 1:32
Going Over Price Movements 1:44
DXY & VIX 9:36
BTC 10:48
ETH/BTC 16:09
DOGE 17:08
XRP 17:32
________________________________________
Same video structure as always. I go over what I want to see regarding APPL (the Market King outside indices 💪) and then I go more in-depth about what happened today and then go back over what I want to see again and then in to the usual, BTC, ETH/BTC, Doge, and XRP cryptos.
Average I want to see us start slightly above is 151.75. Starting slightly under looks worse, but I want to see the lower time frame structure collapse as well. IF you check the stream near 14:30 EST you will notice that they (bulls) do a good job of not allowing the price to start under the 30Min 375 hull, which would cause a drop to a weak range that would most likely fail.
From a week perspective, I still want the price to stay in this range. These last two weeks have just been a whole lot of over selling, followed by over buying. The Day time frame 375 Hull coming down on us is certainly concerning, as it will align with the 4HR 200 and 500 averages
and also where the fib level resides (155.50). While it creates a nice area to push through if we can get above it, an INSANE push can happen, but that is also because when things line up, it generally means its really bearish, and its not that people are buying it, but that its shorts getting wrecked and people covering their shorts, that pushes it up.
👁👃🏽👁 Cya tomorrow at 9:15 EST as usual.
SPX500 continues to kill the cryptocurrency market!Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
After the release of the results on the consumer price index from the FOMC, the downward movement continues, what to expect next?
Speaking from the technical side, the asset has broken through the global trendline, which was a strong support, I expect the next stop in the zone of 3700-3750
Also, do not forget that next week the FOMC is expected again on the key rate, there will be results of an increase by 0.75 bp, we should expect again volatility in the stock market!
🔥AXS make a huge pullback: where to entry to not miss the PUMP?Hi friends! I give you 1 useful tip to increase your trading results. Always pay atention to the volumes growth. It will help you to identify the potential reversal points, where you open the bes trades with good sl and tp.
Check the last 2 traps that happen on AXS. Do you see how the volume growth on the both traps (false breakouts) for short and long? There are the best setups for the scalpers and swing trading. Pay the atention to such situations close to the important levels, huge value areas.
📊 Preconditions to open a long:
🔥 squeeze to the trendline
🔥 no resistance on DOM and Footprint only big buy orders. Also if u use such tools you can see how thw large sell limit waals are desapear beacause of huge amount of buyers
🔥 bullish BTC help the AXS to reach the 3 targets faster
🚩 It will be nice to not have the volume growth when the price reach cosest targets and resistance. It will be some bearish signals. If the we will have just avsarage volumes, that is mean the big players are still not sell all their coins.
📊 The targets for long:
1. $15 - the key level, closest target
2. $18-19 - the closest value area
3. $20-21.5 - the value area
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
OPUSD | Continuation of the countertrendHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌The asset continues to move in a downtrend, the countertrend that you see on the chart is a strong resistance
📌 The price bounces again and again from the countertrend, double lowering its local lows.
📌My expectation is that OP will show good growth soon, but first you need to find a safer entry point.
📌I think the entry from the trend line that starts in July will be the optimal entry point. Then you need to wait for a rebound to the trend line and in this zone ($1.1) take a long position
S&X500| Buy back or fall below?rivet trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
After the stock market closed, Bitcoin continued to decline and is now trading again near the $19,500 level. For now, there is no need to worry.
If you look from the technical side, locally S&P tested and bounced off the local trend in the range of $3900
Expectation for the next week: there is a possibility of a continuation of the fall to the trend line ($3900) and after that a buyback to the $4000 zone will follow
BTC| For those who do not sleep. Easy scalphello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Today's withdrawal was predictable, the fund also began to buy back slowly, while the mood is good before continuing to grow!
The price is now at $20.200, I think we can test the $19800-19.500 zone again, there is an option to rebound from the $0.236 zone, so to speak, play on volatility)
While the priorities are still the same, at least long 21.500-23.000$ I wrote about this in my big post!
Guys, carefully watch the stop, move according to the situation, on small timeframes the market seems to be very volatile!
BTCUSDT | I think you need to go for liquidations in short!rivet trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I already wrote this deal somewhere in the morning, while I want to see the removal of shortists by $22.300-22.600, after which it will be possible to roll over to long
While they are swinging back and forth, I think the takeaway will be strong, while we are accumulating short positions in order to see a stronger impulse, just be patient guys)
Opinion of the popular analyst Altcoin Sherpa | Bitcoin 28000$Crypto Trader Says Bitcoin Flashing Bullish Signal, Updates Ethereum, Solana and Optimism Forecasts.
Hello friends, today I want to share with you the opinion of one polar analyst Altcoin Sherpa, he shared his point of view, what will happen in the near future in the cryptocurrency market! In his opinion, in the short term, Bitcoin is intuitively perceived as $28,000. He also gave analytics for the ETH / USDT pair, ETHUSDT SOLANA and the altcoin OPUSDT. Attached Altcoin Sherp graphics for general distribution, As long as the market moves in the way that the Altcoin Sherp analyst said. Like and write your comments if you are with his opinion or not?
Let's start.
A popular analyst updates price targets for four crypto assets as markets try to end the week in positive territory.
A pseudonymous trader known as Altcoin Sherpa tells his 180,800 Twitter followers that while he expects Bitcoin (BTC) to return to $28,000 in the not-too-distant future, a brief spike above $24,500 on July 30 has not convinced him. that BTC is witnessing a strong uptrend in the short term.
“I remain of the opinion that we are heading towards $28,000 medium term, but would like to see more swings around $23,000-$22,000 to form a significant low. To be honest, the last high of $24,700 was not very convincing, but in my opinion, this is still a bullish market structure.”
The analyst believes that Bitcoin could rise if it finds a higher low in the $22,000 to $23,000 range, although he expects Ethereum (ETH) to break out before BTC.
“I would like a higher low to be set in the $22,000-23,000 area, this is still bullish on the long charts until shown otherwise.
Still looking closely at ETH, I think it's leading."
At the time of writing, Bitcoin is valued at $22,919.
Next on the radar's radar is the Solana (SOL) smart contract platform. Altcoin Sherpa says it has been sitting on the sidelines and expects further up and down movement in the $32 and $47 range.
“It seems really unclear to me, I have not taken any active positions for Solana for some time now.
A lower high is followed by a higher low, expecting an overall greater return.”
Below is an example on a Solana chart
Solana has also seen a slow decline from the market-wide rally that peaked last Saturday, although SOL has managed to climb 2.08% in the past 24 hours and change hands at $40.39.
Moving on to leading smart contract platform Ethereum, the analyst sees a bright spot for investors who have lost money against the US dollar (USD), noting that ETH looks strong against BTC.
“You may be in bad USD positions, but ETH/BTC is really strong.
Very interesting price behavior in the medium term; I think there are some arguments in favor of not holding BTC in the future.”
Below is a hello example of an ETH/BTC chart
At the time of writing, Ethereum is trading at $1,731.
The latest is Optimism (OP), a layer 2 scaling solution for Ethereum. The crypto strategist says that after the altcoin has experienced significant gains over the past few weeks, he plans to go short OP to hedge against his other more aggressive crypto investments.
"Shorting this as a hedge for my other stuff."
OPUSD Chart Example
S&P500 | Brief overview of the stock market|Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 If you look globally, then the stock market is moving in a downtrend in 2022, according to the local point of funds, I think you can highlight the local level of $ 4.200. If it breaks down and fixes above the level, you can consider some positive in the future.
Write your comments what do you think about this?👇
NEARUSDT |Coin Review|hello, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
I will not paint a lot, I think there is an understandable TA and so.
The NEAR coin is now near the local resistance, I think it can bounce back and show a 5 rebound from the local resistance.
Like and write your comments what do you think about this?👇