Cryoptocurrency
Bitcoin ten year price channelThis is my current ten year outlook for bitcoins price projection, I feel that the chart is self explanatory but please feel free to pick my brain if you have any thoughts or questions.
Price roof and floor are based on channels determined by a gann fan not shown.. it's middle channel is is the line labeled "G"
#TOTAL Crypto Total market cap threatening to break triangle If the total market cap of the total crypto universe breaks this triangle watch out as the market cap could fall down to 800 Billion from 1.5Trillion currently. Triangles are normally continuation patterns which resolve in the direction of the preceding trend which was down in this case. The breakdown (if it happens) should be accompanied by greater volume in cryptos which should give an even stronger signal of this pattern playing out.
LINKUSD : COIL / POSITION / SWING TRADEChainlink is a decentralized oracle network that brings off-chain data into an on-chain format, bridging the gap between the isolated blockchain and real-world data.
It aims to ensure that the external information (pricing, weather data, event outcomes) fed to smart contracts remains untampered with.
Chainlink is built on top of the Ethereum blockchain and Chainlink (LINK) is the native token of the protocol. LINK is used to pay Chainlink network operators for their services.
Smart contracts are the “If-This, Then-That” software code through which instructions will be executed when specific conditions are met. However, smart contracts can read only on-chain data.
For smart contracts to read real-world data, they must find a way to connect and synchronize with external data sources. This is where oracles are used as the ‘bridge’ that allows off-chain data to be made available on-chain.
The Chainlink protocol is a decentralized network of nodes that enables real-world data to be made available on-chain.
Chainlink’s main users are project developers who want to integrate Chainlink into their projects or those who want to sell their data and become part of the participating nodes.
Some of the notable players participating in the Chainlink ecosystem include Aave, Synthetix, Yearn.Finance, and Google.
29 Projects Integrated With Chainlink : decrypt.co
Deep Dive on Chainlink and Risks : youtu.be
Source : Coin Bureau, www.youtube.com
Bitcoin : Head & Shoulders In PlayHello traders, hope you all doing well in this unreliable market. The game is getting harder to predict, play safe and follow your plan.
So as you can see we are forming an H&S pattern in a shorter time frame, it's a bearish pattern. We are currently below the H&S neckline and that's not a good indication for at least short-term price movement. If we see a retest of neckline and price fall exactly from that, in that case, it will be confirmation of pattern in action. However, if we see the closing above the neckline, it will invalid H&S.
hope you like this quick update and do follow for more:)
Bitcoin (BTC) Price Prediction - May 25 2021 - $150k or CrashAt the junction of critical price action. we must hold the line and form a week,y perspective break above the 38 k and close.
SCARY TIMES!!! not 100% guaranteed but the last 2 times we broke the trendline in the ascending channel we would get an intense crash...... or crypto winter. We are close and the market needs some heavy confidence before we can confirm this
Continuous downtrendDOGE Has reacted to the support area As expected according to the chart The downtrend will continue until further support
BTTUSD BUY/LONG NOW READY 0.004 to 0.015 by Mid July 2021TICKER CODE: BTTUSD
Company Name: Bit Torrent
Industry: Crypto Currency
Technical Analysis
1. Large Flag Pattern
2. Fibonacci Retracement at 0.786 (Silver Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Buy Entry: NOW ACTIVE (0.004-0.005)
1st Partial Take Profit: 0.015
(Mid July 2021)
2nd Partial Take Profit: 0.022 (End of 2021)
Stop Loss: 0.0038
UPDATED! BTC PredictionMy BTC prediction on the basis of weekly chart, BTC will go down towards $37000 but we will have one more upside before that, then breakout in Mid July 2021. Break out Rally may last till September to November 2021 with the price going up to $80k to $90k.
So i am SHORT till price reaches between $37k to $38k, after that LONG
BNB BINANCE - H4 ANALYSIS BNB Binance coin is one of my favs. It has been in this range for weeks and currently at a level which had been supporting price many times now. Currently in the upper quadrant of this range.
I just need to see some bull strength to join the impulse leg with my longs. TP is indicated by the upper arrow.
If it breaks that level then I will step to the side. Not a bad coin to keep in a portfolio long term.
EOSIO : HEAD TO 8$ & ABOVEGreeting from IRAN to whole trading community 💙✔
Straight to the point , EOSIO has just broken its major level
7$ major resistance zone got broken and price made a smooth pullback to the broken zone
Resistance zone got broken with 2 strong full body candle (1H Timeframe) , After that price made 2 doji candles and made a pretty pullback to the broken zone
After this pullback we expect EOSIO to rise to the next level
Next Stop : 8$
KEEP IT SIMPLE :)
KAVAEUR Hello everyone,
During this weekend's pullback of KAVA, it retested the strong daily trendline while not breaking its previous low.
Therefore still keeping an eye on KAVA to continue higher in the upcoming weeks.
I have already entered a trade on KAVA as can be seen on the chart.
Feel free to share your opinion and your ideas below.
IS RIPPLE ABLE TO BREAKOUT ITS DOWNTREND?Greeting from IRAN to whole trading community ✔💙
Ripple has experienced 3 PUMPS is less than 2 weeks , then it started reteracement downtrend (Red dotted line)
Ripple has broken its major support level and price has dropped lower than 1.5$
Then we saw some support reactions on the next support level at 1.2$
Price came back to its previous level 1.5$
And now its on a critical spot , Junction of dynamic resistance (trend line) and static resistance
If price could break 1.5$ level , it would be a great long opportunity
So keep eye on Ripple and wish you best ✌
OP : 1.51$
TP : 1.9$
SL : 1.3$
KEEP IT SIMPLE :)