ADA: The STRONGEST support level!Hey guys, this is Julie 😊
Let's analyze ADA:
Today it has been a week since my first analysis of ADA, and it is at the same price level as before.
I like to look at the weekly chart because I am aiming for the long term, and this chart tells me more than the others.
Although ADA has been dropping for some time, I still feel comfortable with it because of this strong support level (green line).
It has been in this same region for 3 weeks, which has served as support many times before.
If by some chance this green support level is lost, I think ADA will target another support level, the pink line. I really don't think it can go below this level.
I see no reason at all to short ADA or to sell my position - high risk for little reward. I really believe (and hope) that it will rise from this point, I just don't know when.
As I said before, I really believe that soon the ADA will recover and go up. I really like this crypto and I trust its potential.
Let's see what will happen from here.
Thank you for reading my analysis! If you like this idea, please subscribe! 😍
Have a nice day, bye bye! 😊
Cryptoinvesting
ADA price and it's dominance analysisBINANCE:ADAUSDT
CRYPTOCAP:ADA.D
#Cardano ( $ada ) dominance is now so close to an important zone and it will be supported , price can go higher & higher
The main support zone of #ada is at 1$ but also at 1.50 we can expect for a support
+ on November 30 Cardano has a PAB update which can be nice for cardano .
what's your idea ?? mention it in comments :)
EOS daily analysis OKEX:EOSUSDT
hey guys
here we are with analysis about EOS at daily timeframe .
as we can see , the downtrend line which was with a steep slope is broken
and now price is moving in a neutral trend (ranging) + we can see weakness of bearish momentum
and I think 4.193 can be a good zone for buying and holding until it goes up to the last ATH
+ Alt season gonna start very soon and very nicely , so I think focusing on EOS , TRX , BNB and specially ADA can be very nice .
I tried to make everything clear for you on the chart
if you have any questions I can answer , mention it in comments
what do you think ? what's your view about EOS ?
DOGEUSD(4hr): Doge consolidating Market in the last 24hrs
The price can be seen moving between the middle and the bottom Bollinger band. Trading volume has been high in the last 24 hours and has been moving sideways suggesting a consolidated momentum.
Today’s Trend analysis
The price is expected to continue to oscillate between the middle and the bottom Bollinger band.
Price volatility was high at approximately 6.82%, with the day's range between $0.25 — $0.27.
Price at the time of publishing: $0.262
DOGE’s market cap: $34.56 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 12 are giving SELL signal, 1 is giving neutral and 2 are giving a BUY signal.
Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
Waiting for ADA ...OKEX:ADAUSDT
hi guys .
here we are with just an analysis about Cardano
So when price is moving this way and has created such shape in chart , there are two scenarios :
1.Breakout to up and Sharp price growth (pump)
2.A sharp drop in prices (dump)
but according to the general atmosphere of the market which is bullish and also about Cardano that is left behind market growth , the first scenario is more possible .
And I already bought at 1.97
I'm optimistic about Cardano ...
what do you think guys ? what is your idea ?
FORUSDT 1H: Possible LONGFORUSDT 1H: Possible LONG
After a rebound from the level of 0.08000, further growth to the level of 0.5000 is possible.
💡#i33 : Hate it, Love it, Never Count It Out.. XRP 🏃🏾🥊🩸 XRP Multi-Time Frame ⌚⏰🕰️
Total Market Cap in USD.
I'd Like To Let
The Charts Do
The Walking Rather
I Do Much Talking
For This One.
Perhaps The Featured
Chartist @yonsfx
Would Care To Speak
On XRP Fundamentals 🧾
In Comments Below 🔻
Detailed Variants of Idea Chart Below 🖼️🎨
🌠 Featured Chart Artist ✨
XRP Enthusiast Maximus
@yonsfx 🕶️✖️😎
www.tradingview.com
CRYPTOCAP:XRP
BINANCE:XRPUSD
KRAKEN:XRPUSD
BITFINEX:XRPUSD
BITSTAMP:XRPUSD
Remain Bold Remain Bullish Crypt Future is Bright 🌊🏄♀️Levitation like rallies and Apocalyptic corrections.
BTC and by extension Crypto on whole, are in
extraordinary Bullish momentum phases.
As a former sceptic, semi-recent convert to the cause
my struggle was not comprehending what charts were actually communicating.
When the mind opened, wisdom was received.
Buy w/Cash. Buy Dips, Hold, Buy Dips repeat x infinitum
CRYPTOCAP:BTC
COINBASE:BTCUSD
COINBASE:BTCUST
FTX:BTCUSDT
BINANCE:BTCBUSD
LUNA UPDATEWe are still holding our SPOT position with a average entry of $6, currently up over 450%. What we can see now is price has made a nice pullback to our ascending trendline support which in the past has been holding strong. We can also see a megaphone formation which is another bullish confluence. Waiting for entry confirmations to look for a possible leveraged position to maximise profits.
💡#i31: GlassNode BTC Avg. #️HASHRATE Daily's👨🏻🔧🎇🧵Blazing into fresh grounds 🔥
Bitcoin Average Est. Hashes P/Sec
*Note* Current diverging strength 💪🏼
of the #HashRate as compared to
Softer BTC/Crypto Price action.
Detailed Variants of Idea Chart Below :
GLASSNODE:XTVCBTC_HASHRATE
COINBASE:BTCUSD
BINANCE:BTCBUSD
BINANCE:BTCUSDT
BITFINEX:BTCUST
FOREXCOM:BTCAUD
CRYPTOCAP:BTC
SOLANA SHORTAfter SOLANA skyrocket her price in the last days, unfortunately it faced a huge drop after the bullish market and it will keep going down,
- As we see in the chart we are noticing a rejection candle at the 128 MA and supported by the 50 MA but not for too long because the price is so far from the 200MA and as the behaviour shown of SOLANA market it will stay below it for a while
-We noticed the price motion crosses up the trend line and make it the new support level and keep going in a down trend
POV: u can enter a short position as what suggested and set TP above the 135USDT level (not a financial advice)*
Cardano ADA LongLook for price to pull back into bottom box to complete an head and shoulders on the 4hr chart. After that, look for buying pressure to enter the market to take us to New All Time Highs. First target $3.70 then $4.50, then $6.50 to $7.80 based on the fib extensions of the recent bullish impulsive move.
Wonderful parabolic that should be in everyone's portfolioLook at the link logarithmic chart, we can see that it has a tremendous upward trend line of 1000 days from end of 2018 until now, which has gained 27,000 percent profit during this period.
- The link in pair BTC is also parabolic and can increase your bitcoins
Ethereum Weekly Chart Breakdown is looking good. COINBASE:ETHUSD Ethereum is looking strong on the weekly time frame. Weekly MacD cross with multiple weekly closes over $3000.
Last week highs have already been taken.
The next target on the weekly chart for Ethereum if it holds above $3000 would be ATH at $4378.
Trade Ethereum Here: ftx.com
✅CAN GOVERNMENTS BAN BITCOIN?🏛
CAN GOVERNMENTS BAN BITCOIN?
The rise and rise of the payment means that are not under the government control has been a thorn in the butts of all governments for the last 3 or so years
And as the price of bitcoin was storming the new heights during the lockdown rally the chatter of the need to ban/control/confiscate/tax were getting louder and louder
The motivations of the governments for this move are just as transparent as they are despicable for us, the people.
But before I dive into the analysis of the situation, which seems to be far away from butterflies and unicorns, I must reveal my bias, to avid being accused of being a crypto skeptic by the local mob of crypto bugs.
I consider myself a libertarian, which means that I believe in Individualism, limited government, peace, tolerance, and free markets. That makes me a natural crypto enthusiast, as decentralized finance is a path to a freer more open society with the alternative to the fiat money issued by the governments, which might act as a check on their inflationary and spending appetites. I was an early fan of Bitcoin and I hold a crypto portfolio myself.
Now, governments by definition don’t share libertarian values, thus whatever is seen as a benefit from the freedom-loving perspective is evil to the governments. And the lack of surveillance capabilities and the fact that crypto might compete with the precious fiat paper are the reasons why any government will seek to ban crypto at some point in the future. One more serious problem for the state is that crypto, thanks to its relative anonymity might allow people to avoid paying taxes, which causes ire among the officials.
As always, reasons for the ban that will be cited to the public will have nothing to do with reality. Among those, is the need to clamp down on the black market, online drug sales, tax evasion might be mentioned as well and all that will be served under the sauce of protecting us, the little guys.
Interestingly enough, the governments are racing to launch their own electronic currencies, because, just as one might design a coin to be untraceable, one might design it to be 100% traceable as well. In addition to that, if all of us have our bank accounts with the central bank , entirely new forms of previously impossible ways to control the people emerge. Central bank’s Electronic money can be restricted geographically, or in any other way, for example, banning you, personally, from buying burgers, because some bureaucrat thought that you are too fat, while feeding all the info about your speeding directly to the CB . All it will take to leave you penniless is turning off your account with the CB . Absolute control over the economy of the likes of which even the Soviets could not have dreamt of.
But now that we arrived at the obvious conclusion that the governments have more than enough reason to go for a ban, let’s examine whether they have the means to do so and what will that do to the prices.
And unfortunately, I happen to be quite pessimistic on this front. All it would take is a law banning crypto. Of course, If a small country bans Crypto it will affect neither its price nor its usability even for the country’s residents, however, if such a law is passed by the EU, or the USA, it's game over.
You see, most of the technologies that changed our lives in the last 20 years have one thing in common, which is the network effect. The internet, social media, and online platforms such as Uber or Amazon, benefit from the fact that the more people use their service the more valuable the network is and hence even more people join in to use it, while the benefit for those already using It increases.
The same goes for Crypto. In the last years, we’ve seen more and more companies starting to accept bitcoin as payment, while purchasing it got easier and easier. There are even Bitcoin ATMs where I live, that allow customers to buy and sell crypto for cash which is super convenient.
The Bitcoin brand itself is probably worth more than 100 billion dollars, thanks to the fact that even the older people have heard about it by now.
And all that was pushing the price higher, as the expectations of further growth justified 1 million dollars per Bitcoin in the not-so-distant future.
However, if there is a major government such a the US that issues a blanket ban, all companies that accepted crypto will cease doing so immediately, and the crypto marketplaces and exchanges will cease to function and stop accepting payments from that jurisdiction. If it is the US that bans crypto, it would mean a de fact ban on using dollars to buy it, which would make this technology unusable for most of us. The state might take it a step further and make transacting in crypto, or even just holding it a criminal offense, which would reduce the number of people using it to the few shady cartels south of the border. The ban would also make mining impossible, and as we know mining not only creates now coins but is also essential for the functioning of the network. Without it, transactions would be impossible. Therefore, the user base will be limited by the mining capacity left in the world, drying up transaction fees making it even harder to use. Hedgefunds and those who are important to the system will be warned about the ban beforehand, so it will be us, the little guys who will lose our savings. The price will collapse as leveraged players will be trying to exit the asset, causing panic and a massive selloff.
And for those who say that «this is impossible simply because this is impossible»(read, I still trust the government) let me remind you of how unceremoniously gold was essentially banned from using it as means of exchange by the US government with the gold confiscation act of 1933.
The robbery of the century- something that was unimaginable and unheard of previously, was done peacefully with the stroke of a pen and everyone obeyed and traded in their gold for the Fed papers. And keep in mind that gold was far more widespread, used, and relied on that crypto now, which means that if the Ban of crypto came in today, there would be no mass riots on the streets.
So, please, excuse my pessimism when I say that when not if the powerful nations of the world decide to ban our fancy shining coins of liberty, they will succeed. And I am of an opinion that this will happen sooner rather than later, because «they» can not let the whole thing get too big to fail. What I mean is that if the market cap of all the coins is 1-3 Trillion, they can handle the damage of wiping off this wealth. However, if it gets to 10-15 Trillion the consequences of the collapse might destabilize the system itself.
In conclusion, as much as I don’t want this to happen, the ban is not only possible but highly likely and will come sooner rather than later, with the early birds of partial bans being India and China showing us the way. However, that does not mean that we can’t enjoy a couple more of the bullish waves making 100-300% and enriching ourselves hand over fist, which is why we’ve all gathered here, at the end of the day! Just jump off the train before the wheels fall off!
Thanks to all who read the text with so many letters in it.
I am expecting a fiery discussion in the comments!
Why Proof of Stake is the BEST crypto investmentI do believe that Proof of Stake cryptocurrencies are the BEST choice for investors based on my years of experience. There are three major reasons:
Staked coins discourage selling pressure and hold the price of the coin up
Staked coins benefit from compound returns
MOST IMPORTANT REASON... watch to the end!
RAMPUSDT - LONG!RAMP is a great project ! Has some big investors and partners, from a technical perspective price is now very low with the recent dip great price to buy in at for a longterm hold ! We can see on the 4hr timeframe a recent break above the downtrend and a new higher high higher low is forming - which is giving us this nice inverted head and shoulders formation.