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Easyloot

Bitcoin Scam Wick And Why It's Nothing To Worry About+Hello Traders and I hope you all made your money before the scam wick last night. +The pattern im seeing on BTC reminds me of ETH back in July 21st-August 1st. +Coin seems to be in a very parabolic pattern. +On the previous 12 hour close we closed below another huge 2 year valley at 17730. +Market makers know that most traders have the level 19650 marked as there last level before we break ATH for Bitcoin. +Them knowing this thats the reason we got a tease for 18k last night. +In my eyes teases link that indicate that we will see those numbers again very soon. +Another 12 hour close above 17730 level and Bitcoin will be on its way to break its finally 2 year valley. +That being said Trade safe everyone ATH are coming soon so make sure you have a stop loss when trading Coin. First TP 1960 +Remeber traders Trade Smart Profit more hoping we break 20k by the end of the year!
COINBASE:BTCUSDLong
by ThawonP
2
Bitcoin $19000 Previous ATH IncomingThis morning Bitcoin has broken through the last level of resistance in its path to retouch previous ATH at $19000 ($18953 on BITSTAMP) The level of resistance at $17295 is only found on the 4H and is not a major level of resistance at all. The real region that BTC is trading around is from $16124 to $18953, both levels found on monthly timeframes. BTC will pullback but not until the move is fully exhausted, Bitcoin is not done climbing yet the move is still happening going up. Last TP level before TA is basically out of the picture is $18953 which BTC looks like it's headed towards now. Beyond this level, Bitcoin is going to be a whole different animal to try and trade because technical analysis as we know it will change as support & resistance no longer will work. Just resistance levels on small timeframes that have just been created that's about it. Bitcoin could potentially dip back down in price a bit to retest the $17295 level or even wick $16599 before moving back up to touch previous ATH. Let me know your thoughts down below! As always please do your own research, I am not a financial advisor.
BITSTAMP:BTCUSDLong
by kyer
4
Bitcoin $17000 IncomingQuick read on BTC, if we can see a decent close above the TP1 at $16599.99 the price of Bitcoin is headed towards the TP2 placed at $17295. Resistance turned to support at $16124 and has been holding even after that minor dump underneath that level. Every single level of support & resistance moving upwards since 10k has been backtested and primed to move up, and that's what we just saw happen again over the weekend. Would not be surprised if we see a 17k BTC, and then from that point on the only thing stopping BTC from surpassing ATH price is the level of resistance at the previous ATH. Woke up late just saw the charts, excuse the TP1 being so close. Called it from 15k TP1 🎯 $16599.99 TP2 🎯 $17295 Thank you as always for your support I look forward to hearing your comments on where you think the price is headed
BITSTAMP:BTCUSDLong
by kyer
5
XRP Finally Moving UpBottom out was at 0.229 monthly support, pretty evident based on the fact there wasn't a single candle closure underneath that level and we reversed straight from there. Textbook hammer candle. From there kept making higher highs and higher highs closed above 0.2697 and broke out the top of this ascending triangle, these are the next two targets I have placed for XRP. TP1 🎯 0.28527 TP2 🎯 0.29944 As always please do your own research, I am not a financial advisor.
KRAKEN:XRPUSDLong
by kyer
4
Ethereum Fighting for the $470 Resistance LevelEthereum for the entirety of this month regardless of the ETH 2.0 news has been in a dogfight with the 3-year resistance level placed at $470. It has tried three times now to break through and failed each time, what makes you think this next wave up will be any different? Only reason i'm still considering this long is the price of Bitcoin rising, alts will follow that is a fact. Even if they get majorly outperformed they always follow the king. So saying this I think ETH has one more shot at closing above $470 and if it doesn't the price is going to tank and fall back down to $385. So mathematically, if BTC touches all-time-highs or retests $19k again like it's on its way to right now, ETH should wick the $550 resistance level around the same time if not the same candles. Also note not a single close underneath the $444 daily support level which was huge. That tells me that its just a reversal based off that hammer wick and that dump was a major stop-out for LONGs we go up now. As always please do your own research, I am not a financial advisor.
KRAKEN:ETHUSDLong
by kyer
LiteCoin Bullish Momentum Testing Weekly levels+Litecoin for a bit seemed to be lagging behind the other major pairs like BTC,ETH,LINK etc. +Anyone that has been watching or trading Litecoin knows that these 3 weeks we've seen some very interesting patterns. +Right off the bat you can see that I have marked a bullish trend line that started back in March. +Litecoin seem to lag behind its other pairs but as of recently it seems to have gained enough momentum to finally test higher highs and weekly resistances. +Litecoin is also about to face its 276 day valley created in late February. +Now the yellow weekly resistance I have marked down is at the moment is being tested. +There are 2 predictions I have in mind. +The first one being we will see a daily close above 72.25 and continue to go for the next Resistance which is at 79.45 +My second Prediction is we could see a pullback to the previous swing high which is marked at 68.5,accumulate between that level and retest 72.25 and then 79.45. +With markets being so aggressive lately its hard to say and you can tell the market makers want you to fomo in. +Fight the Fomo demon and wait for a retest +Thanks for reading my TA on litecoin and remember traders Trade Smart Trade Less
COINBASE:LTCUSDLong
by ThawonP
1
$Chainlink The Breakout We've Been Waiting For+Hello traders to start of this Monday ill be going over why I think Chainlink is going to do some serious pumping soon +Right off the bat we can see that Chainlink is coming to a end of its symmetrical triangle pattern. +Most times when facing the end of a symmetrical triangle I notice a nice breakout to the upside. +I have marked daily supports and daily resistances to show that Chainlink is bouncing between those 2 levels as well as this symmetrical triangle. +So what's next for Chainlink is everyone question. +I am bullish long term on Chainlink but we could see a potential dump these next few days. +We could potentially come back down to the daily level of 10.6 if we reject this daily resistance+triangle. 1st TP 13.47 2nd TP 13.8 Further TP will be announced once we reach these TP Again traders remember Trade Smart Trade Less
Long
by ThawonP
4
Bitcoin Halving Event Starting To Show Momentum+First off everybody I hope you guys made some money during these last few weeks of the crypto markets pumping. +Coin has been increased in price by 63% in the last 2 months and now facing ATH from 2017 +Now with the rapid increase of Coin pumping and everyone trying to get into Coin think we've faced a little bit of exhaustion. +The weekly level at 16714 is more then a 2 year valley that started in 2017. +Now this is seen on a weekly timeframe. So what's next for Bitcoin is everyones question. +Well if we zoom out on a Daily timeframe we see that 13863 is a support also backed up by a swing high of a downtrend. this is where ill be entering due to the face that Coins price will also be back into its rising channel. +$13863 will be my buy zone And always remember TRADE SMART PROFIT MORE
COINBASE:BTCUSDLong
by ThawonP
1
Bitcoin All Time High Early 2021Bitcoin is 15% away from its previous ATH set back in December 2017, and now 3 years later BTC is on its way back to those previous levels. In the start of 2019 Bitcoin formed its swing low, which the uptrend is drawn from, and in June of 2019 it formed a downtrend from the swing high of that same move at the start of the year, forming a symmetrical triangle. Since June 2019 after the peak just under 14k, Bitcoin has been trading inside the newly formed triangle until bottoming out along the uptrend drawn from the start of 2019. Then July 21st, 2020 Bitcoin broke out to the topside of the triangle forming a new bull run. The direction has been decided, it is up but where will the pump stop? A weekly close over this $16124 weekly level Bitcoin is currently fighting for would send the price to retest the all-time-high. This move is not over yet and if Bitcoin was going to pull back to $11479 we would've seen that by now. 2 days left in this weekly candle I think Bitcoin has a very strong chance of closing over and continuing its move up. The pullback everyone is talking about will be from $19000 (previous ATH), as thats the strongest known level of resistance in Bitcoin's history. Going into the rest of this year and early 2021 Bitcoin should wick the $18953 monthly level and reject only to find the middle ground trading in between $16124 & $18953 before surpassing the previous all-time-high. Beyond the $16124 weekly level of resistance, the only resistance stopping BTC from breaking the previous ATH is the previous ATH resistance level. Bitcoin has only spent 39 days out of its short 11-year lifespan trading above the Spot price of $16124 so we are definitely entering new territory. And when the price does reach new ATH and we are trading clean above $20,000 there is no more technical analysis to determine where the price is going to stop pumping. Even right now trying to do Technical Analysis is a bit dodgy, because there really isn't any levels of resistance left besides a 4H level at $16599. As always please do your own research, I am not a financial advisor.
BITSTAMP:BTCUSDLong
by kyer
8
Chainlink [$LINK] is a SleeperSince the peak just under $20, everybody's eyes seem to have drifted away from this coin, even though its already up 684% YTD at the time of writing. Other coins like YFI stole the spotlight, but now LINK is making a great return. We can see Operation Make LINK Great Again after touching the bottom support at $9.76 and reversed right from there. Breaking through $10, $11.50, and now currently just gained $12.77 as support. Link has beautiful upside potential. Chainlink is a giant sleeper. What is Chainlink? Chainlink is a decentralized oracle network that serves as a middleman between smart contracts and external data sources. That allows smart contracts to secure off-chain data feeds actively. LINK operates as a utility token inside the Chainlink ecosystem. The protocol uses it to reward node operators for providing services. Meanwhile, nodes can also stake LINK as collateral to provide oracle services. The staking functionality is looking to go live by the end of the year. LINK could offer more than just live data feeds, primarily off-chain computations, interconnect smart contracts via APIs, and a gateway for enterprises to collect data from different blockchains. What are the LONG Targets? TP1 🎯 $13.8799 TP2 🎯 $14.4586 TP3 🎯 $15.4438 Entry along $12.77 support and please remember to set SL's. Thank you As always please do your own research, I am nota financial advisor.
Long
by kyer
2
Bitcoin Dominance ($BTC.D) - Bitcoin Gaining StrengthEvery time I've posted a Bitcoin Dominance chart it's been advocating for an Altcoin season. This time however, looking at the 2-Day chart it's obvious that Bitcoin is gaining strength in terms of market cap compared to the rest of the altoins. The Bitcoin Dominance chart is a great indicator of where the bitcoin & Altcoin markets are headed and what we should expect. From May-Sept. we saw the Dominance drop a significant amount in a very short period of time from 67% all the way down to 57%. This 10% drop was caused by the new and emerging DeFi projects such as YFI, YFII, and many others. The summer was definitely a little DeFi mania where everybody seemed to be making a killing off of these projects. Now the tables are turned and these yearn finance coins are dropping like flies heavy in sats while the king, BTC is re-establishing its dominance over the market. I am in no way shape or form a Bitcoin maximalist, just here to spread information about what i'm seeing on the Bitcoin Dominance chart. At the moment, BTC.D is currently fighting to close upwards out of this downtrend that was formed in July of last year after the Dominance levels hit its peak of 72.04%. The price is also holding this uptrend formed 3 years ago after the ICO mania of 2017, so where do we go from here? Bullish Scenario (Rising Dominance %) BTC.D finds a clean close out of this downtrend and continues slowly rising until eventually topping out at 70.24%, a lower high compared to last year's high. We could see this move play out around the end of the year to early 2021. Bearish Scenario (Falling Dominance %) BTC.D fails to breakout of this downtrend and starts to fall back down to the uptrend and even blow that to form new lows We could see this move play very soon Right now is the critical decision point for Bitcoin Dominance which will determine the outlook for the market for the next few months to come going into the next year. As always please do your own research, I am not a financial advisor.
CRYPTOCAP:BTC.D
by kyer
2
Ethereum $500 & Beyond IncomingHey traders, Since my last ETH analysis, it has reached both our TP levels of $444 & $470. At the moment, Ethereum is fighting for the close above the $470 resistance level which would push the price upwards to $500 and beyond. The end of October we saw the price of Ethereum bottom out at monthly support around $385 and from there 1st touched $470 and consolidated from there. I thought that we would see lower prices on Ethereum but I guess not, the break through of $470 is what settled it for me. Changed my bearish bias into a bullish one again. Where are the targets? A daily candle close above $470 (the 3-year valley on Ethereum) created after the 2017 bull run crash, would send the price to new 3-year highs and spark new interest in the market. TP1 🎯 $498 TP2 🎯 $556 As always please do your own research, I am not a financial advisor,
KRAKEN:ETHUSDLong
by kyer
Bitcoin Bull Market $16000 IncomingHey traders, Since the start of this month after the Bitcoin price spiked from $13600 to $16000, it's been consolidating and lacking a sense of direction. The price has been very unpredictable and hard to read until this morning, I think I have a sense of where the market is headed. Right now, the greed index on Bitcoin is very high sitting at 90/100 fear/greed but honestly the markets are going to continue pumping, It doesn't make sense for the price to dump hard, a hard correction, after not even rejecting off of a major resistance level. I don't think we'll have a decently sized correction until BTC touches at least $16000. The price is obviously still grinding upwards, we saw a back test of the $14601 support level and now the price is ping-ponging back upwards to the next highest respected resistance level. TP1 🎯 $16124 TP2 🎯 $16599.99 As always please do your own research, I am not a financial advisor.
BITSTAMP:BTCUSDLong
by kyer
4
Ethereum Failed to Reach $470, Where to Next?Although we received the positive news for the long-awaited ETH 2.0 that just dropped on Wednesday of last week, published by the Ethereum Foundation's Danny Ryan, the price for the 2nd largest crypto has failed to close over a major resistance level holding the price back at $470. Since the start of this month, long-term holders have priced in this news, rocketing the price up to $468, just short of $470, after starting this month around the $385 support area. This news has been price in and since the weekend, Ethereum has been making lower highs (more evident on lower timeframes). From here if ETH closes below $444 support level which it's been in constant battle fighting for, then the next targets i'm looking at for a re-entry would be $430 & $415. This news breaking that ETH 2.0 is finally hitting the mainnet is huge news for the coin, but we should see a little dump before 2.0 goes live. Ryan wrote in a blog post that said "to trigger genesis at this time, there must be at least 16,384 32 ETH validator deposits 7 days prior to December 1, if not, genesis will be triggered 7 days after this threshold has been met (whenever that may be)". You can view the contract address live where people can send their 32 ETH to stake and become a validator on the network. At the moment, 32 ETH costs around $14,000, and that's the price to become a part of the network. This value in price of US dollars is constantly fluctuating because of the volatility of Ethereum, but the 32 ETH will always stay the same. Right now ETH just doesn't look good to long, even with the pumping US stock market, BTC and other crypto assets across the board are having a tough time continuing their rallies after rallying very hard last week. Now is the time to sell the news and stack more Ethereum at a lower price. I'm looking at a short with these two targets: TP1 🎯 $430 TP2 🎯 $415 $415 is the top of the previous spike up in price prior to last week's push to $470. I believe these cryptos will correct a little bit before heading back up.
KRAKEN:ETHUSDShort
by kyer
4
$ETH Pullback before MoonHey traders, Newest update on Ethereum, surprising that the bullish momentum upwards didn't continue after posting that very bullish candle closure on the 4-hour, with no wick, all body, pushed up right against the $416 weekly resistance level. From there we saw your typical bullish flag bleed out and all I have to say is market makers are really playing with the emotions right now. I'm really confused on why we didn't continue pumping to the next level of resistance, $444, there were no clear indicators of a move back downwards and especially with these bullish posted candles, there's nothing I can say except 'market makers'. hahaha In more seriousness, ETH broke down below $401 support, lost that level support, and found its bottom at $385 at the moment. Now we all know that $385 is the top of the accumulation zone, spanning from $369-$385, very major support/resistance area. I don't think that the price will hold here at $385, although there is a possibility, but there is a greater chance that we see a $369 retest again as well as wick the top of this uptrend that's right next to the $369 level. From there, I can see the price moving sideways for a bit (accumulating) before another move upwards. And on this move upwards, we will regain all our previous levels of support and swing up and touch $470 top of the valley again. Compared to the king BTC, Ethereum has a little more volatility to it. This means the price can fluctuate & move a lot faster. Saying this, if we dump right here then Ethereum will fall a lot harder than Bitcoin. And if you like to play the market both ways, good on you and short this. As always please do your own research, I am not a financial advisor.
KRAKEN:ETHUSDLong
by kyer
Strange Correlation Between USD and African RandThe correlation between the African Rand and USD ( FX:USDZAR ) is super strange. During both the 2008 and 2016 crisis, we saw the African Rand pump an average of about 50%. Coming into 2020 we see the rand up about 35% with an expected 15-20% move up inbound. Do not trade this, this is my personal take on this and well... I definitely wouldn't take a 19 year old serious if I were you. Drop a comment and share your thoughts! Thanks DotcomJack
Long
by DotcomJack
1