RIPPLE Potential Short! Sell!
Hello,Traders!
RIPPLE is now trading in a downtrend
And the price broke a key level
Which is now a resistance
Thus we are bearish biased
And a move down after the retest of the level
Is the most likely scenario out there
Sell!
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Crypto-trading
BTC Current Market ConditionsOk as I put in my previous short, which played out better than expected. I am not Bullish at all rn. Energy prices soaring, we know what's coming, and it ain't a strong $BTC rally IMO.
Perhaps we sweep up on a liquidity grab, trap long then, I feel 17k, honestly, possibly even 10-14k.
Trade at your own discretion and be safe, NFA as always.
BTW, if shorting wait for a nice spot, 20.800 possibly if not 21.500 or 22.500.
Forthusdt is almost done*forth is under 200ema
*Forth in under 0.6 fpi.
*Rsi is almost above 50
What i see is that forth is going to break the triangle that it trap on, with this break it will break 0.6 fpi and 200ema while it's moving above level 50 rsi .
My target will be 7$ as a beginning with the correction of the market before more dip
LUNA 2.0 can go 10x coming time and this is why!Dear traders,
The all time high of Luna 2.0 was around 19 usd at may 2022.
Since the breakdown trend of market and more reason - Luna 2.0 did breakdown.
Luna 2.0 looks very interesting for coming time - since the owner Terra founder Do Kwon discusses LUNA 2.0 and the prospect of a Terra model and that he are behind the project, its him Home to make this project again great - ofcourse we never should have 100% believe in any crypto project - that's why a trading structure volume is important in this way with the adding of TA.
My expecting and its 100% personally - further no finance advice.
I believe that Terra owner can get some trust back - even binance support him on this, you can seeing this also by the coin Luna 2.0 on binance exchange, further he trying to get back into the development zone and to make some new YouTube interviews to explain what happened and to rebuild - and with the idea that he is building on the system.
This is article are not so that you need to invest in luna 2.0 - as luna needs a mega of investments from whales.
And knowing that it need huge volume to get some real effect.
its an expecting update that showing that we can see coming time a new huge chance on the Luna 2.0 area.
As the title says - Yes even the All time high of 19 usd is possible!
This with the long term cycle. As long there is good risk management on the investment its support the loses very much.
How the price action can go?
first of all its important that Luna 2.0 going above 2 usd - and on the level of 2.80 is very important level for breakout to even above 4 usd.
From there the price can stay stable with trading between the 3/5 usd area. and if development going further and some price action from the long term whale effect could bring Luna to 10 usd. that would be a mega price action, and from there it can take some time before hitting the level between 11-16 and even more to all time high.
* it means not that it should go exactly on this way - but this are a scenario how the trend can play.
This not means that this could happen in fast time - its long term expecting. with crypto you never know sure what it would go, but you have a way where there is more chance - and Luna 2.0 have this now.
Bearish Flag on BTCUSDT BitcoinBased on technical factors there is a Short position in :
📊 BTCUSDT Bitcoin
🔴 Short Now 20750.00
🧯 Stop loss 22300.00
🏹 Target 1 19300.00
🏹 Target 2 17650.00
🏹 Target 3 14000.00
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Trading opportunity for ETHUSDT - EthereumBased on technical factors there is a Short position in :
📊 ETHUSDT
🔴 Short Now 1662.00
🧯 Stop loss 1790.00
🏹 Target 1 1525.00
🏹 Target 2 1275.00
🏹 Target 3 1001.00
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
✅LITECOIN LOCAL SHORT🔥
✅LITECOIN has hit a key structure level
Which implies a high likelihood of a move down
As some market participants will be taking profit from their long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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Bearish Flag on BTCUSDT BitcoinBased on technical factors there is a Short position in :
📊 BTCUSDT Bitcoin
🔴 Short Now 20900.00
🧯 Stop loss 22300.00
🏹 Target 1 19900.00
🏹 Target 2 18300.00
🏹 Target 3 15000.00
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Ethereum merge: the ETH 2.0 road to centralization?Ethereum merge: the ETH 2.0 road to centralization?
Ethereum is all set to go for a transition to Proof of Stake.
Ethereum merge will impact the system, giving rise to new stakeholders, ‘builders.’
These builders will change the power structure as they come to the fore.
Ethereum management said they are monitoring the situation and will take the required actions to prevent centralization.
Ethereum merge is drawing closer as the developers suggest successfully completing the required steps. The transition will be complete by 15 September, according to the timeframe given by Ethereum developers. As the transition is complete, Ethereum will shift from Proof of Work to Proof of Stake consensus. Every change comes with possible repercussions, and the case is no different for Ethereum.
As Ethereum experiences a transition from Proof of Work to Proof of Stake, its stakeholders might see a change in their power. The said changes will mainly affect miners who ensure the system’s smooth flow through mining. They will be replaced by those who work on staking. Analysts suggest that these changes will bring Ethereum to centralization, strengthening the control of the few. There is no certainty, but the possibility of it can’t be shrugged off.
Bitcoin Chart OverviewI published an overview of Bitcoin chart over a month ago but not here in TradingView as an idea. I decided to republish that as an idea to help track the price easier and quicker than already. hope it gives you a clear idea where we're now, where we could get in the rest of days and months of 2022.
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ETH - Potential New Channel FormingNow that we have a trend break and new low, I'll expect prices to correct in the immediate short term.
But with most support at 1700, I suspect prices will ultimately land there, with a few short term corrections up.
So I think the new trend is a less steep, more gradual move down to 1700.
Will update with new price action as we go.
As always, follow along for updates.
🤙🏽