Criptocurrency
Prospects in the cryptocurrency marketThis time I compare the behavior of various cryptocurrencies since March of last year with some important facts:
Bitcoin, Litecoin and Ethereum show a similar behavior, with Ethereum being the one with the highest appreciation of the 3 during the period covered. However, they all achieved triple-digit returns.
Ripple has followed a more irregular evolution, especially from the end of December, when it began to fall sharply and only in January did it begin to recover.
Mana and True are newly created, they both serve the same purpose but differently.
* Litecoin operates under license from the Massachusetts Institute of Technology (MIT).
*True was developed by a team from Stanford, UC Berkeley, Carnegie Mellon University, and Google.
* Microsoft published patent WO2020060606 in March of last year to mine cryptocurrencies using human body activity data.
*Mana is the official currency of Decentraland, a virtual world created by Ari Meilich, a graduate of the City University of New York and with studies in neuroscience.
* Gavin Wood, co-founder of Ethereum along with Vitalik Buterin, is a graduate of the University of York, with experience working as a researcher for Microsoft.
* Various companies such as MicroStrategy and Square have begun to move their balance sheets to Bitcoin, and banks such as JP Morgan, BBVA, Goldman Sachs, among others, have begun to invest in this cryptocurrency.
* Ripple was born directly from Sillicon Valey, through Ripple Labs and thanks to its founder Chris Larsen, a Stanford graduate and considered one of the "richest people in the world" in 2018.
So:
1. Cryptocurrencies are not a scam nor do they come out of nowhere.
2. There are human, financial and technological resources behind this trend.
3. They still have a lot to develop and implement, with future potential.
4. I do not know to what extent they will really be beneficial or if they are only Trojan horses.
As a reminder, cryptocurrencies are "a type of alternative currency or digital currency", "a digital medium of exchange that uses strong cryptography to secure transactions, control the creation of additional units, and verify the transfer of assets using distributed ledger technologies. "
VECHAIN DAILY CHARTWe can see how Vechain has broken the accumulation area, has looked for the bearish divergence and has made a first try to look for new highs.
What are we looking for now? We are looking for an incorporation if the price returns to the divergence again. If the price continues with the uptrend we will look to incorporate later in a new continuation pattern.
ANÁLISE DE 15MIN EM BTC/USDTANÁLISE EM 1H COM TEMPO GRÁFICO DE 15MIN PARA SWING
O PREÇO DO BITCOIN VEM CAMINHANDO DE FORMA CONSOLIDADA DENTRO DESSE CANAL (RETÂNGULOS AZUIS), PODEMOS AGUARDAR ESSE RESPIRO DO MERCADO PARA A RETOMADA ACENTUADA EM SUA TENDÊNCIA DE ALTA.
RSI >50 GANHANDO FORÇA
PRIMEIRO ALVO DE TAKE NA LINHA VERDE E STOP NA LINHA VERMELHA
ANÁLISE DE 1H EM HNT/USDTESPECULAÇÃO NA CRIPTOMOEDA HELIUM EM RELAÇÃO AO DOLAR TETHER UTILIZANDO O GRÁFICO DE 1H 👇
O preço da criptomoeda vem se movimentando numa tendência forte de alta, com topos maiores que os anteriores. Entretanto, formou um topo menor em relação ao anterior, pode haver a formação de um triângulo simétrico? Devemos aguardar rompimento de alguma zona considerável para operar a favor. O preço vem respeitando a linha de tendência de alta, poderá haver uma correção para prosseguir.
RSI >47
ANÁLISE DE 1H NO LTC/USDTMINHA ESPECULAÇÃO QUANTO AO TIMEFRAME DE 1H NA CRIPTOMOEDA LITECOIN EM RELAÇÃO AO DOLAR TETHER 👇
Analisando no timeframe de 1H vemos um canal de alta. Traçando uma "forquilha" ( pitchfork ) obtemos zonas de resistências e correções, ao meu ver está com uma formação de bandeira, criando um respiro para a agressão compradora entrar fazendo o preço do LITECOIN subir, rompendo a máxima da linha superior da bandeira. Podemos projetar a expansão do canal para cima após o rompimento.
ZEC Bull TriangleDaily Stoch: On Bottom, Blue Stoch stopping the fall.
Weekly Stoch: 3 weeks ago made a buy signal, still bullish.
Daily Elliott Oscillator: Slowly decreasing bullish momentum.
Weekly Elliott Oscillator: Creasing bullish momentum.
Considering that we have a strong bullish momentum on weekly chart and a weaker one on daily chart, this triangle seems to be of continuation.
Possible Targets
1ST: $89
2ND: $93
3RD:$101
Possible Stop Loss
Under EMA 50: $64
This is not a recommendation, just my view.
Never forget to see what's happening with $BTCUSDT, cause alt coins trend to follow their movements but with other volatility.