#bitcoin If the winter continuesWinter can be like this
The red channel ceiling seems to be dreaming and bitcoin cannot reach it.
So bitcoin is moving towards the formation of new blue channels.
I expect bitcoin will be trading at $ 7,000 next year, given the global conditions, and the new price ceiling will be a little more reasonable.
Of course, all of these are conditional on the loss of monthly support in the red channel.
Your own risk
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Btsusdt
#LUNA/BUSD 30 MIN CHART UPDATE BY Domino Crypto!!Hello, community members welcome to this LUNA/BUSD 30 minutes chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis.
Now, Let's get to the chart,
As we can see at the above mentioned chart that LUNA was trading inside a triangle pattern in this 30 minutes chart and broke above the upper triangle pattern.
Now LUNA is retesting the upper trend line and trading on the green support zone at the price level of $0.0001300, here we can take entry for some good profits.
But LUNA needs to hold this lower green zone support if it breaks below and closes then it will no trade for me.
This is for only SPOT TRADING.
Entry will be between $0.00012000 to $0.00013000.
SL: $0.00011200
Target: $0.00022000 to $0.00025000
INVALIDATION: candle close below the STOP LOSS in the 30 MINUTES time frame will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bitcoin | At a historic crossroads!Hello dear TradingView Crypto Savvy,
If you want the best-modeled full history view of Bitcoin price action with insights for the next few years, you have opened the right idea. Today's update is a more sober follow up to last year's tongue-in-cheek long term view of Bitcoin price action modeled against Stock to Flow. If you are not aware of Stock to Flow and how it is the best predictor available for Bitcoin price performance, please see my related idea.
Today's idea adopts a bollinger band style view of stock to flow, where I have carefully tweaked the model to precisely fit the last decade of price action. You have never seen a better view of Bitcoin's long term price! We are looking back at the $2 days and forward to the next halving. The most recent Bitcoin mining block reward halving occurred May 11, 2020 and prompted the most recent bull run, as other halvings have done in the past. There is a growing delay from the halving date to the all-time-high date for a cycle, which I have highlighted on the chart.
This delay points to the possibility of the high for this cycle being in the future. I project sometime later this year or early next year.
"Wow, that's great!" I hear you say... but wait.
I mentioned a historic crossroads in the title, so that must mean there's a catch, right? Right. Well look at the orange line I have drawn. That represents the long term support line for a "truly" logarithmic growth, as we are looking at a logarithmic chart. Notice how we were riding close to that support just before the Third Halving in 2020, and the Pandemic Panic actually brought us far south of it for a brief snapshot in time.
The halving snapped us out of bearish doldrums and we wound up with a perfect storm for the last two years of bullish on-ramps to broad institutional adoption. We started 2021 with Bitcoin dominance ( BTC.D ) at it's highest point in years and the crypto market as a whole smashing through $1 Trillion USD market capitalization . Then in 2021 something remarkable happened.
2021 saw DeFi frenzy and the rapid capitalization of newer Layer 1 Cryptos. Bitcoin dominance plummeted to near all time lows and has stayed there til today. Yet Bitcoin still reached a new high as the total crypto market had a historic rally to $3 Trillion in November 2021. Then the correction came.
The crypto total cap now four months later sits 40% below the peak of November 2021. The last six weeks of sideways price action have suggested to some that the bottom has been found, but has it?
To inform an answer to that question, let us take the best tool we have for modeling Bitcoin's long term price, Stock to Flow, and use it as a guide. We will use it as a backbone and make some adjustments based on the insights that we are finding are shaking up the future of the crypto market.
What are those key insights?
DeFi and newer Layer 1 Cryptos are pushing Bitcoin dominance towards new all time lows
Bitcoin has become a household name around the world. It is solidly an institutionalized asset now. It represents a non-negligible percentage of global GDP.
Before the last halving, Bitcoin was already losing steam against its long term logarithmic growth support
All of these factors point in the same direction: slowed growth for Bitcoin. Now let's reference the big red line on my chart. Based on these insights, this is the growth curve that I am fairly confident will hold until the next halving in 2024. What does that tell us about our choices today?
Well that is our catch. For the next few months, our current price is above the long term support curve I have drawn based on those insights. This curve has been tested, and in the worst circumstances briefly broken, every halving cycle so far. There is not yet confirmation of a trend reversal, and we are seeing suspiciously little volume the last couple of months. My estimate of a future date for a peak this cycle is very loose and it could well be ahead in 2023, so that gives about a year for a low to be found before we try for the true high of this cycle.
Current geopolitical volatility opens the opportunity for further "black swan" events briefly pushing us below our new red support trend line. This suggests the possibility of a low between $32K, in normal circumstances, and $22K in the worst circumstances before we find the high for this halving cycle.
Now let's look back at our orange line. The correction has brought us below it for the second time ever, and our insights point to it never being respected again. Yet there is still hope for a higher peak this cycle, and we have a new more-informed and better-fitting curve that's ready to be tested for a fit to the next two halvings. This confluence of factors is why we are at such a historic crossroads!
Just because the orange line isn't being respected as a support, doesn't mean it is no longer in play. I suspect we may see it touched one or two more times as a resistance (and maybe once briefly as a support) before we fall further away from it. This leaves a small window open for my previous prediction of a peak this cycle above $200K.
What other insights can we gain from this fully zoomed out view and our new collection of insights? Well they suggest that another Layer 1 crypto may be neck and neck in capitalization with BTC within a couple of years. ETH is the obvious candidate, and has been gaining ground slowly and consistently since 2019. It also has major upgrades planned for maturity this year which could completely change the game on its costs and scalability, potentially unleashing a new trend of accelerated growth versus BTC. A win for ETH is not a guarantee though.
Other Layer 1 networks have gained ground at a record pace beginning in 2021. Terra has rapidly emerged as the front runner, largely driven by the intrinsic appeal of having built the first demonstrably well pegged DeFi stablecoin with TerraUSD , with the cherry on top being the stable 20% APY offered by Anchor staking. Competition will be stiff though, with many other contenders looking for an edge. DeFi robustness, low costs, security, usability, scalability, etc. all have to align in just the right way for a winner to emerge. I suspect we will see a clear front-runner in the next couple of years though.
How does this full picture inform our crypto strategy today? Personally, I'm significantly reducing my focus on BTC holdings, adding more ETH holding, and dedicating significant time and energy to get a big picture view of the competitive landscape for DeFi-ready Layer 1 Cryptos. What is your focus and do you have a favorite Layer 1? Let me know in the comments who you think the winners will be and why!
If you appreciate my analysis and would like to see more in the future, please like and follow!
With that all said, this is not investment advice. I am offering my ideas for educational purposes only. Enjoy and take care.
BTS/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
Chart update from the 4h to daily. We've gone below the accumulation zone and have been accumulating for the past few months. Wave 1 top of the micro cycle and wave 2 bottom has been found.
sub cycle wave 1 top: 0.17
sub cycle wave 2 bot: 0.017
Wave 1 top: $1.00
Wave 2 bot: 0.010
Wave 3 top: 1.25
We have been working towards impulse wave 3, I can't predict time so who knows how long it will take. The sub cycles of wave 3 impulses are being played out with top 1 and bot 2 in.
BTS (BitShares) Coin Analysis 26/03/2022Fundamental Analysis:
BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries.
It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later.
The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs.
The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next.
It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined.
As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward.
One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen.
Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain.
As we previously touched on, BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure.
BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network.
It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating.
In September 2020, the BitShares platform underwent a hard fork, leading to the creation of New BitShares (NBS) — a derivative project that is not affiliated with the original BitShares. As a result of the fork, BTS holders were airdropped NBS tokens at a 1:1 ratio.
As of January 2021, there were just under 3 billion BTS in circulation. This is equivalent to 83% of the maximum BTS supply — making it highly diluted.
BitShares was initially funded by community investments totaling 5,904 BTC, as well as 415,000 Proton Shares (PTN) in 2014. At the time, this was worth around $3.6 million.
The full BTS tokenomics are not publicly available.
BitShares uses a custom delegated proof-of-stake (DPoS) consensus mechanism to secure its network. This uses a combination of witnesses and decentralized voting processes to produce a more democratic consensus system that avoids the possible negative effects of centralization.
This system reduces the need for multiple transaction confirmations, ensuring BitShares transactions can be finalized extremely quickly. Instead, delegates (known as witnesses) are responsible for producing and broadcasting blocks, with numerous safeguards in place to ensure these witnesses act in the best interests of the network.
The current CoinMarketCap ranking is #454, with a live market cap of $73,058,255 USD. It has a circulating supply of 2,994,600,000 BTS coins and a max. supply of 3,600,570,502 BTS coins.
Sentimental Analysis:
There seems to be a huge fall of BTC.D or Bitcoin Dominance coming and the Total Market cap Rise, which can be interpreted as an Altcoin Season initiation, and its confluences with the current Price to Value Ratio of some Crypto Assets, makes a good Sentimental Indication, that the Altcoins are going to pump and gain some Price Appreciations in the upcoming months.
Technical Analysis:
As this Asset has Fallen to the 90% zone of its All Time High, it seems to be undervalued and worth of investment at this level so we have used Fibonacci Tools to define 3 Up coming targets where the new Cycle will Go through in its formation so we can squire off our Positions and liquidate the holding asset to maximize profits.
There exist a Bullish Divergence of Price Action with MACD, which is a very significant sign of Bearish trend reversal and Beginning of the new cycle with the impulsive bullish trends.
there are total of 3 Targets defined with the Fibonacci Trend base Extension tools where as the 3TP gets its confirmation as the Price Touch or Crosses the 2 TP followed by some Price correction.
BTSUSDT - Position with a pending sell order, at a price of 0.20Position with a pending sell order, at a price of 0.2018 x10-20
Target and stop loss indicated on the chart.
Allocate no more than 5% of the main deposit to the position
Elliott Wave count for BitcoinHello everyone, here's the update for main scenario in H4 timeframe, You can see the details in the chart, If you have any idea or question about this scenario please share with us in comment. I will provide more Elliott wave count daily if you are interested follow us to receive updates.
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BTSUSDT breakout🟢 Break long time resistance
🟡 Trying to get out of 60D consolidation
🟡 Retest New support
Buy Zone: 0.043 - 0.0428
Profit Targets: 15%, 26% and 50%
BTC Bitcoin Technical Analysis & Trade IdeaTaking a look at #btc #bitcoin at the moment. It's traded back down into a major support zone, will this break further south or do we get a break north? At the moment price is consolidating, it's ranging and there's no real trade setup as yet. In the video we consider some possibilities and also look at how we can potentially navigate the volatility and take advantage of the market when it moves.
BTSUSDT - SHORTBased on technical factors there is a short position in BTSUSDT Bitshares
BTSUSDT Bitshares
Score 2️⃣
🔴Short Now or set on Key Level 0.04000
🟢Target 1 0.03800
🟢Target 2 0.03636
❌Stop loss 0.04100
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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BTSUSDT Technical Analysis💎 BTSUSDT has been making HLs and LLs in the descending channel. After the last rejection we can expect that it continues to go to the upper band of the channel.
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or at 0.03440 - 0.03181
☕️ TP1 0.03690
🍺 TP2 0.04096
🍻 TP3 0.04550
🍾 TP4 0.05014
🍷 TP5 0.05478
🍸 TP6 0.06000
🍹 TP7
🎁 TP8
🚫 SL 0.03156 - 0.02950
Good Luck 🎲
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BTSUSDT Technical Analysis💎 BTSUSDT has broken above the wedge pattern and a major resistance. The price can go for a pullback and retest the previous resistance. There is a potential that the price goes higher after the pullback
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.05303 - 0.04992
☕️ TP1 0.05619
🍺 TP2 0.06195
🍻 TP3 0.06757
🍾 TP4 0.07374
🍷 TP5 0.07965
🍸 TP6 0.08500
🍹 TP7
🎁 TP8
🚫 SL 0.04947 - 0.04661
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻
BTSUSDT CallBuy some BitShares at the entry level and HODL for a while. As I've always said, whenever you are in profit, you can take it and enjoy (before touching the final target). All the targets are shown on the chart. Cheers!
#BTSUSDTHello all traders hope you all in profit
gala chart1dayfirm
i see in this chart pattern make hammer
hammer is bullish signal
#BTSUSDT
recommended highly : tp1
recommended medium : tp 2
very risky but huge profit : tp3
BTC BEARS VS ARCS POWER x FIB CHANNEL ... REPOSTED AM
trading view turned my post off recently due to less info i posted thats my bad but you can see too the same idea it worked ! by following me
you guys are doing well thanks for supporting me i just joined few days ago started posting ideas !
thankyou for Shoing your love .