XDC Xinfin Network comparison to Ethereum fractalXDC Xinfin Network comparison to Ethereum fractal, like is possible to see i believe that XDC is at the same fractal moment of Ethereum in 2017!
I believe that xdc will start to climb the same way as Ethereum did in 2017.
The TFD intiative consortium will enable to bridge the US$19 trillion trade finance asset class with any type of funder through tokenisation and digital assets.
The TFD Initiative, whose members include major global financial institutions and leading service providers such as ABN AMRO, Santander Asset Management, ING Bank, SMBC, ANZ, Commonwealth Bank of Australia, Texel Group, NN Investment Partners and more, recognises the vital role blockchain will play in shaping the future of the trade finance sector, which has already been successfully implemented in other areas of finance.
I need to remind the TFD initiave consortion is the second consortium to announce XDC Xinfin Network as the principal blockchain ecosystem, the first one was R3 Corda that will live in 2025.
So fasten the belts that this rocket will moon!
ETH-BTC
Supply prevails over BTC & ETH!Evening all!
Tonight we're having a keen look at BTC & ETH! We've been speaking pretty extensively over the course of the last few updates about the Supply and what we think would eventuate from those upper levels.
Happy to report the Fibonacci levels that we're looked at are playing out nicely!
Let us know your thoughts!
TrendTracers Weekly Market Analysis #11tl:dr
Small correction across the markets in the short term, followed by sideways bitcoin and ethereum, other alts should start gaining strength when this range is being formed.
Review of last weeks TA
BTC hit our target from last week between 45k and 47k. So did ETH. The markets seem topped out for now as predicted.
BTC
We expect some sideways consolidation near the resistance depicted in the chart. From a bullish perspective, after consolidation for a period of time, a move to the highs of April seems possible. The bearish scenario is where btc tests around previous lows for maximum pain around 28k. It might even go lower to sweep liquidity.
During this consolidation we expect an alt season. So now we look at BTC.D which
seems to be heading to the lows of the range again around 40%, supporting our theory for another alt season. Because when BTC.D is moving down money is flowing out of BTC and into altcoins.
ETH
Ethereum is at resistance depicted on the chart. We don’t expect a massive bullrun from here instead some consolidation seems more likely because of Bitcoin. However there is a bull flag pattern forming on the ETH-BTC Daily chart which will play most likely play out coming days. This is one to keep an eye on.
THE PERPS
Midperp and shitperp reacted from a nice bottom pattern. After a small correction at the start of Bitcoins consolidation we expect shitcoins and midcap coins to make a significant move to the upside.
So we expect a pullback in the coming days to get in our positions. And then ride them up into the next resistance.
ETH Is there another up move potential ?
Hi traders:
From my previous ETH analysis, price indeed broke out of the HTF reversal structure, and continuation to the upside.
This is good indication of a bullish price action and continuations, as long as we can see some sort of bullish correctional structure to form.
Latest price had a clear break above the previous high, and now is start to consolidate.
Be patient here as we wont know how deep/long the next correctional phase will go, but if the correction does finish, it will give us a good opportunity for the next buy potential.
Thank you
BUYING ETHToday has TD9 daily's printing across ETH+TOTAL+ALTCAP, 4 hour div's all over the place. I am wading into some buys here. Even if this is a deadcat bounce bigger picture (who knows), I think the chances of a bounce are STRONG and longside R/R is very good. If we get ETH 1830 I will load up.
BITCOIN INTO INCREASE TREND AND 45K CAN BECOME A WHALE PARTY ..
Bitcoin is still on an uptrend target and 45K can become a very important point for the whale party goal target.
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# Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect
All our charts are not advice and you are responsible for your own investment
NEO - THE SLEEPING GIANT PROCESSING NEW TRENDHello trading friends,
NEO looks to process a new increase trend. the sleeping giant.
Manage always your risk, as if there are markets breakdown that it can follow, this expecting are depending on the live trend and TA data.
NEO just some time ago above 136 usd + on 05-05-2021 with the bull trend.
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# Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect
All our charts are not advice and you are responsible for your own investment
ETH/BTC Spread: Long-term count favors a crypto bubbleHere's the long-term Elliott wave count since we broke the giant triangle of cyclical wave 4. Now we are riding a cyclical wave V that should show a serious decoupling between Ethereum and Bitcoin. I expect both to rise, but for ETH to decouple three times the ETH/BTC ratio from its last month low. This means that this might prove to be the most feverish altcoin season ever! I have two bullish scenarios: the first scenario is that the cyclical wave 5 does a truncation (see worst case line) and the second scenario, the cyclical wave 5 would go all the way to reach the dynamic resistance aroud 0.15 or slightly higher (see best case line).
ETH - Purple War Zone!Ethereum broke above 2500 ... WHAT NEXT?
ETH is overall bullish trading inside our brown channel so we will be looking for Trend-Following Buy setups as it approaches the lower brown trendline.
Moreover, the area 2450-2500 is a "Resistance turned into Support".
So the highlighted purple circle with the blue arrow is a very strong area to look for buy setups as it is the intersection of support in blue and lower brown trendline.
As per my trading style:
I will be waiting for it to approach the highlighted purple circle (area) to look for possible buy setups (like a double bottom , trendline break , and so on...)
Knowing that Ethereum can still break the brown trendline downward and test the blue support before going up.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Intraday ETH/BTC Spread: 5 waves up completed, now correctingThe intraday ETH/BTC spread serves as a risk on/risk off crypto barometer. It has been evolving inside this giant triangle since May and has officially broke to the upside over the two weeks. This confirms my call that the bear market is over and that we are now in another altcoin bull market. The spread has finished 5 waves up and is now correcting. Althought I could be surprised, altcoins are going to take a well deserved pause and even decline relative to BTC in the upcoming days.
🔥 Ethereum Huge News: New Protocol EIP 1559Ethereum is one of the major performers of the current market. Not only is ETH performing outstandingly, it's also leading the market. ETH pumps, the rest follows.
One of the major catalysts for the current ETH price action is the fact that there's some great news coming out. As of today, ETH has upgraded it's token protocol to (EIP) 1559, which is arguably one of the biggest upgrades that ETH has seen to date.
What is (EIP) 1559?
At the moment, it's very costly to make an ETH transaction since users have to bid manually how much they're willing to pay for a transaction to get accepted by the network.
Under the new protocol, this bidding process is automated and will vary based on the amount of congestion of the network.
Another major change under EIP-1559 is that part of every transaction fee will be burned, which will reduce the supply of ETH and create a higher amount of scarcity, potentially leading to a further increase in price.
Price Action
Over the past couple of weeks we've seen a double bottom (triple if you count the May wick) price reversal pattern, also known as a W-shaped recovery. With ETH breaking through the $2600 resistance level and retesting it, a solid support has been created at the $2600 level. If ETH manages to cross the green area of resistance, I'm willing to bet that we're going to see $4000 again in the coming weeks.
Furthermore, ETH dominance is currently going through the roof, further boosting the confidence in this coin.
Happy trading!
ETHUSDTLast post of a busy first week here on Tradingview, Ethereum has completed this harmonic, and from this point we are struggling to break the $2.8k-$2.9k level, now price is starting to reject going higher, we can look to short eth back down to the bottom of the range for trade points of $1700/$1800, This is my last post of the week, enjoy your weekends, and have a cold one on me.