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Digitalcurrency

ETHEREUM BEARISH SCENARIOETH price may find support near $1,315, and a bearish breakthrough of that level might open the door to more selling to $1,275. A lot of uncertainty on crypto regulations is pulling investors from classic projects like ETH and BTC and pouring into the new generation of crypto assets such as Solana and Cardano. SEC is pressured and this is considered a ticking bomb with multi-directional shrapnel that might end a few giants and crown the new era. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
CME:ETH1!Short
by legacyFXofficial
BTCUSD Short Target: $10,000 to $14,000 Why? 1) Gold and Silver appear to be nearing bottoms. 2) The use of digital currencies to escape the rules and regulations of national treasuries and governments is fading quickly. I imagine the US IRS hiring 87,000 individuals has some correlation to digital asset holdings and their use. 3) Contrary to bitcoin's stellar performance in the wake of the 2020 covid-related equities sell off, I am betting that price declines and volatility in the equities markets is bad for the price of bitcoin at this point in time. 4) Additionally, I believe non-professional and amateur stock traders with significant capital will find better results and more significant capital appreciation trading orthodox commodities like energy, metals, livestock, and agriculture. 5) Finally, I believe political pressure will result in legislation that allows economic superpowers to sanction cryptocurrency transactions similarly to how swift transactions are sanctioned during times of global conflict. But, as always, this is just one opinion!
COINBASE:BTCUSDShort
by jfs2152
4
BTCUSD (up then down)Just an idea and trade at your own risk. Bitcoin still remains bearish. Bitcoin is currently in a short uptrend correction phase (white lines) after breaking the support (previous demand zone) the red dashed highlighted area. Short term Bitcoin bullish to finish its correction phase and reach the upper downtrend channel (red lines) to retest the previous broken support demand zone (currently the supply and resistance area) at area 28k-30k, before resuming its down fall to next targets at the lower downtrend channel at area 12k-13k.
BITFINEX:BTCUSD
by WaelHaz
DOTUSDT (Polkadot) making a move higher ?When (if) the crypto market starts to head back north or more accurately when BITCOIN starts heading north (BITCOIN is the engine that drives the cryptocurrency express), its worthwhile noting some of the more "established" coins are likely to present excellent buying opportunities. My list of assets include SOL (Solano) ADA (Cardano) DOT (Polkadot) XRP (Ripple) BNB (Binance coin) BCH (Bitcoin Cash) and MOF which is one of the assets owned by the Hyper Tech Group. DOT from a technical viwpoint has found support from a rising trendline and may well be headed higher if we see BTC rally. All bets are off with which way crypto is headed over the next month or so but there are bargains out there and the adventerous with a spare few dollars might want to take at any or all of the coins I've listed. Usual rules apply when buying crypto assets. Only use money you don't mind losing. Personally, I think purchasing digital assets is a safer play than NFT's which I'm not convinced about.
Long
by forextraplaces
BITCOIN – CASH: Inside Bar PatternBITCOIN (BTCUSD) – CASH: Inside Bar Pattern (WARNING NOTE ON CRYPTO CURRENCY: As Bitcoin and crypto currency doesn’t form perfectly clean signals most of the time, we will only annotate the clearest and well-pronounced signals that form at confluent areas on the charts. Therefore not all price action signals/patterns will be annotated or discussed. TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price formed an Inside Bar Pattern right at the 42600 level, late last week. Potential Trade Idea 1: For aggressive traders, we are considering selling on a breakdown below the current Inside Bar Pattern. Potential Trade Idea 2: We are considering buying on a deeper retracement lower and after a price action signal on the daily or 4 hourly chart time frame, within the 34300 to 37550 support range (prior Event Zone).
BITSTAMP:BTCUSDShort
by UnknownUnicorn393254
4
Today, sellers throw FTM coin below 2022 low; what next?Fantom coin price has breached 2022 year's lowest level of $1.296; traders should wait for daily price closing. FTM coin's price is observing near the neckline of double top formation over the daily price chart. Fantom Coin price action is currently showing low-high formation. Thus the Fantom Coin is well below the red zone of the Ichimoku indicator on the daily price graph. Moreover, Leading Span A is trading at $1.68, and Leading Span B is at $2.15. Stoch RSI has declined sharply from the overbought zone and is now moving into the highly oversold zone. Moreover, the Average Directional Index is slightly bullish at the 21.6-mark, which indicates bearish momentum. Phantom investors await today's price close; if the coin's price closes the $1.24-mark, it could slip widely; On the other hand, if the coin price corrects today and the daily price closes in the green zone, we can expect a slight recovery. Resistance level- $2.0 and $3.30 Support level- $1.24 and $1.0
Short
by TheCoinRepublic
1