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CORE

CORE Technical Analysis in 12-Hour Timeframe.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: MIL:CORE has shown a decent rebound of 93%, forming a support trendline, and it is currently holding another support at $1.269. If MIL:CORE rebounds from the CMP and breaks above the resistance trendline, then the primary support at $1.269 will be strong, and we will see a bullish rally, possibly a 30x gain in the altseason. However, a breakdown will cause some trouble with the price, dropping it to the support trendline (a decent opportunity to fill MIL:CORE in your altcoin bag). Key levels: - Primary Support/Entry 1: $1.269. - Lower Support/Entry 2: $0.9636. - Resistance: $1.515. - Long-term Target: $4.37 (30x). - Invalidation Point: A close below the support trendline. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
Top USD trades to watch ahead of Core PCE Data release The Federal Reserve’s preferred inflation gauge, US Core PCE (Personal Consumption Expenditure) Price Index MoM, is released at the end of the coming week. This means some USD trades could present themselves. But first, a quick recap on why the Core PCE Price Index matters and why it is the Fed’s preferred gauge: Unlike the more familiar Consumer Price Index (CPI), which uses a fixed basket of goods and services, the Core PCE offers a snapshot of consumer spending with a flexible and broader basket of goods and services that adapts to changes in consumer behavior. Importantly, it excludes volatile food and energy prices though. It is thus argued that the Core PCE provides a clearer view of underlying inflation trends. Some trading opportunities might exist in the EUR/USD and USD/CAD. The Euro Area’s Inflation Rate (Flash) data is due a few hours before US PCE, while Canada’s GDP Growth data is released at the exact same time as US PCE.
by BlackBull_Markets
#CORE/USDT#CORE The price is moving in a bearish channel on the 4-hour frame and is largely sticking to it The price rebounded well from the green support area at the 1.50 support level, which is a strong level We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the rise with an uptrend Entry price is 1.60 The first goal is 1.84 Second goal 2.10 Third goal 2.40
Long
by CryptoAnalystSignal
Core (CORE)Core is built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications. The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake. Anyway, CORE been in a downtrend from birth. After CORE broke the downtrend line, CORE moved into an ascending channel, and recently CORE broke this channel with momentum and now reaching the first horizontal resistance area. Core probably rest at this area for a while; if break this area, further upward movement is possible. Let's see what happens.
Long
by SaeedSalehinia
CORE SEEMS TO ENTER A NEW BUILDING TREND (CYCLE)Based on our study, CORE appears to be experiencing a significant upward trend, suggesting potential for further growth. CORE is showing interesting indicates data trends both technically and in terms of data analysis. we will follow its progress to see if it reaches the $1.11 mark soon. we will continue to monitor CORE for any new updates. The current cycle for this coin cycle began at $0.58 and it's already gaining traction. note that this update is not trading advice.
Long
by SatochiTrader
1
GOLD|Important areas of supply and demandHello friends, I hope you are well. We have the gold chart in the one-hour time frame. Yesterday we said that we will wait if the support zone is broken down, the next target is the zone (2005-2008). Now in this area, with the formation of candlestick patterns, it has moved upwards. The areas that are important for us are the bottom of the previous broken area (2013) and the next area of the origin of the downward aggressive movement, i.e. the price range (2024-2028) for sell positions. If we lose the support area (2008-2005), our next target is the support area (1990-1995). ​
OANDA:XAUUSDShort
by Golden_Star1994
3
Litecoin (LTC) Core 0.17 will make it x10 cheaperFollowing our previous idea on Litecoin, where Blockstream announced about the LTC potentially joining the Liquid network, now there are even more good news. Litecoin client release is on its’ way, which was announced on the official Medium blog page of the Litecoin Foundation. LTC Core 0.17 will introduce a faster and cheaper Litecoin, with a very low transaction costs, which can be compared of that in 2015. Below is the quote of the official announcement: "The average transaction fee as it stands on the network is L0.001 per KB or ~$0.05. With the announced changes that will soon become L0.0001 per KB or ~ $0.005, half a cent and back at 2015 levels." This is huge for the Litecoin, because transaction costs will be literally reduced by x10. It’s actually almost inline with the recent Monero announcement, where they recently reduced the transaction cost by 97%. The reaction to the news announcement was taken very positively by the market. You may ask how come?; LTC hasn’t gained much, in fact, its moving very slowly! But let’s take a closer look at the price development. According to our previous idea on LTC/BTC, Litecoin has reached the support level at 427.2% Fibonacci retracement level, rejected it and started to move north. By looking at the chart, it is clear that LTC/BTC has produced a double bottom near the etc 0.007 area. After the price bounce, it reached the and broke move the 23.6% fibonacci resistance, which currently acting as the support. The RSI oscillator trigged a buy signal while breaking above the downtrend trendline. So far price action is being very positive, while showing the potential for more growth. As long as Litecoin remains above the 0.00795 support, bullish momentum should be increasing. At some point price will reach the 0.008 resistance area, and if broken, next stop will be near btc 0.009. But in any case, investors will be paying attention to the etc 0.0076 support, where double bottom has been formed. If support will be taken out, LTC can drop down to 0.0073 area. Nevertheless, the timing for buying LTC could be just about right for some investors. And combined with a relatively cheap price, large buyers might start getting involved in LTC trading. As the downtrend is dominated, the risk will remain very high, although the rewards could be much higher. Please do not consider this article as a call to buy LTC, but look at it as a map, which may help you to trade Litecoin more effectively.
by CryptalDash
BITCOIN POTENTIAL SHORT: BEAR FUNDAMENTALSThis is a sad moment for Bitcoin. And probably for whole crypto-market. We've seen bullish exhuberance on altcoin markets , where major alts (DASH, ETH, XMR) gained an 100% in average last 7 days. And they gained much more at their peaks. These are the actual numbers against BTC since bitcoin ETF rejection: XMR +155% ETH +295% DASH +265% And other minor alts also grew A LOT against btc. We've seen this before. Prior the great bear market in BTC at the end of 2013 begining of 2014. This could be bitcoin whales manipulating the small altcoins markets to squeeze as much bitcoin as possible prior the bitcoin bear market. Or in the best case scenario (unlikely in my opinion) a migration from BTC to other solutions . And we have some important bear fundamentals : Bitcoin ETF was rejected . Basically the SEC told us that bitcoin markets are not regulated, and so, easily manipulated and not elegible for american regular investor. Source . A potential non-friendly hardfork is more real than ever . The relations between Bitcoin Core and its community and Bitcoin Unlimited and its community are more tense than ever ( source ). Recently BU nodes were attacked ( see sharp nodes drop ), and the whole BU team made fun off ( source ). Even after those problems, currently BU scalability solution (hard fork to bigger blocks) is signaled by +32% of the hashrate, while Bitcoin Core scalability solution (SegWit) is signaled by +27% of the hashrate ( Source ). Bitcoin Core community won't ever accept Unlimited solution, and viceversa. And what is worse, important people in the bitcoin world are already considering/planing how to list/treat two potential bitcoins. ( source ) PBOC preparing highly STRICT regulations . There is a draft, not approved yet, suggesting mandatory in person verification prior first deposit/cashout. (Sources: 1 , 2 , 3 , 4 ) Bitfinex hacked coins apparently on the move . ( Source ) I have my opinions about this Bitcoin Core/Bitcoin Unlimited war, but i think they are irrelevant. What is relevant is that something MUST be done . And splitting bitcoin in two different chains IS NOT AN OPTION . The bigger bitcoin is, the most difficult finding a solution will be. This has been delayed too much. And it has a huge negative effect: people could start thinking that a decentralized governance IS NOT POSSIBLE. As bitcoin is proving unable to reach consensus for years, and what is worse, this consensus seems more difficult each day. And this seems to be simplified to a big disconformity about what is bitcoin. ¿Is bitcoin a currency/payment method or is bitcoin a store of value? If even early adopters and leaders of the community can't agree on this, then bitcoin's future is doomed. All this makes me feel quite unconfident of bitcoin ability to hold it's current market cap. I personally sold 40% of my cold storage (~$300 avg buy price) into fiat at 1200. And now i am opening a short. I am laddering my short entry, 1130-1150-1170-1215-1250. I will stop this short once i see the scaling debate/potential hardfork finding a friendly solution.
BITSTAMP:BTCUSDShort
by bagofXMR
59