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A Christmas Tale.This year has been a funny one, well actually over the last couple of years we have seen an escalation into what looks like a global recession on the horizon. Brexit, Covid, Ukraine, Trump vs Biden, Boris out, Liz out. Inflation - whatever next?! I found a couple of cartoons and thought I would put them in a little gallery here. Non are my opinion, but found them relevant to post. In this day and age; China might even have a "No Santa policy this year" And out in the US; The rest of the world It's been a strange few months to say the least... Some countries are driving a message Whilst some don't have a clue Incompetent And finally in the world that is CRYPTO Have a wonderful holiday season - Happy New Year and all that. Stay safe traders! (As above, opinions or cartoons are not my own. I was just sharing in one post).
COINBASE:BTCUSD
by Mayfair_Ventures
10
FTT to lose another 70%?Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Hi guys! Hope you are doing well even after the FTT/ FTX liquidity debacle which has been sort of indicated by the chart below two months ago: Now it seems we are not done yet, as FTT broke down this triangle 📐 and I think there is chance for run to 0.527 and even lower. This would mean another -70% for FTTUSDT from the actual level! Price is currently sitting at key support trendline (blue) but in my opinion it's just matter of time when it will be broken down which could start another brutal selloff. Stay safe! Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Short
by bizmark
3
Binance Soars Towards $800 Despite Widespread FUDBinance, a giant in the crypto ecosystem, is gearing up for an important run as it looks towards a new all-time high. With much speculation around a recent audits and interviews, price action is seemingly unaffected as buyers continue to load up on the dip. Interpreting the price action from BNB's all-time low, I believe that it is due to test the $800 mark (or come damn close to it) at some point late in 2023 or early 2024. Considering this pending upside wave as the last in its first cycle (Wave 5), I too fully expect for Binance to make a tremendous drop afterwards. Making a 32637X move from the lowest price point ($0.00) to the highest (believed to be $800 roughly), at minimum , Binance should drop towards the 38-50% fib levels . 61.8% and 78.6% are also very commonly seen under these circumstances. As a Binance investor, I would personally begin to look for sells/exit near $800. As a user, I would consider switching to another broker or to cold storage. Typically when crypto brokers suffer these sort of sizeable setbacks, withdrawals are frozen. Itll be very interesting to see how this plays out over the next 1-3 years. Until next time, stay safe and whatever you do, don't drown. Surf!
BINANCE:BNBUSD
by DigitalSurfTrading
4
Anyone Out There!? 😁😂👨‍💻😈#criticalthinking 🧠🔑🤯 Something that means more and more to those listening... FTX! Binance! So on and so too many to name interesting we are here now. Any of you feel skined and thrown about by your leaders and gurus? Have you found new leaders to fill the void the absence of comunity? Be on the watch these leaders are your adversary playing a a friend with a care for the crowd..! Soon many more will show themselves. From #SBF to even your favorite, Mr. #bitboycrypto plus too many to count. You have been led astray for their own personal gain... We have seen this before: Are #hexicans safe? #Scam or #cult what's the difference in #crypto maybe it's all to get rich quick?? So, with the development of GPT3.5 #ChatGPT the screaming reason #CriticalThinkingMatters 😎 Don't be misled the #GetRichQuickGurus are out there.. ! No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO" Things 🤷‍♂️ #Fixed IDK Protect Your Neck! ""KEEP CALM AND MANAGE THY RISK!"" I am The CoinSLayer 👨‍💻😈
by BradySWilliams
For Crypto to "Win", it Has to Solve its Own ProblemsThe idea of "smart investing" comes with the assumption that the market rewards reason and punishes irrationality in the long-term. What they don't tell you, though, is that the opposite is often true in the short-term. If you want to make money, more often than not you do have to have the discipline to move contrary to what most are doing. It's been almost a decade since I started getting into this stuff but the above still seems to hold true. Crypto has been mostly flat for about 6 months now, but has stayed mostly stable. The last bull run had a similar pattern where it climbed to new highs (BTC $4000→$16000, ETH $100→$1400) then went back down to where it was prior. (And stayed that way for a few years.) The projects that were diligently working on their product even after the dip ended up reaping the rewards of the 2020 rally and did very well for themselves. The rivalries between Bitcoin, Ethereum, Dogecoin, Tezos, Cardano, Ripple, EOS, etc. were there even back in 2018, but the arguments were mostly about technical differences and felt less “personal”. This time, a lot of arguments you see on social media have more personal, political, ideological slants - a sign of the irrationality of mainstream money having arrived, perhaps. For what it’s worth, despite the FTX scandals and the very negative media coverage of crypto in recent weeks, the price hasn't really moved all that much. Chances are good that the ones that were going to leave are already gone and we're only left with the ones who are in it for the long-haul. While the talking heads gripe about their losses in public, the builders will continue to build, pushing the industry where it needs to be for the future to come. That is the hope, anyway. -- Long-term strategies only work if you're willing to wait at least one market cycle since the system needs time to work itself out - and I haven’t seen any exceptions to this rule, thus far. But having been through 3 crypto winters already, I’m starting to wonder what’s really taking so long for us to get to where we need to be - the “big ideas” in crypto (transparency, accountability, partnership automation) can already be done with distributed ledgers, but the industry has been slow to adapt to it, to say the least. The problem is that we're not really utilizing blockchain technologies the way we should be: case in point, when you look at all the people in the media and social media talking about how much money they’re making, how do we know if what they’re saying is actually true? We have no idea - we’re just taking their word for it, and now we’re finding out that many of them we’re just trying to lie and grift their way to the top. Whatever happened to "verify, not trust"? Having gotten too used to low interest rates, the fiat markets are poised to be in big trouble over the next few years - if not more. The trends do say that when an economic system goes into disarray, crypto adoption tends to go up. But in order for that to happen, the crypto community does need to convince the world that it's safer to park their money in coins rather than fiat - which, if we're being honest - we're not quite there yet. But unlike fiat institutions that are saddled with legacy and protectionist frameworks, crypto has the tools to fix itself if it wanted to - the advantage of being a new industry that has the energy and flexibility to adapt. The current irony is that crypto is suffering from the very problems it poised to solve - but a lot of it is holdovers of bad habits from Web2 and traditional fiat. You could probably argue the SBF's actions was a product of the fiat world, not crypto - there's a reason why there are those on the “inside” trying to protect him now. But FTX is also a preview, in a way, of what's to come to the fiat worlds as we head further into the recession - what they do to SBF could be them next - which is why they feel like they need to protect him at all costs, despite the blatancy of his misdeeds. In a way, SBF did the industry a favor in getting the skeletons out of the closer earlier than later. For fiat, the tide is only just starting to pull. Crypto will either set the new standards for transparency, accountability, and decentralized governance - or it’s going to fall into old habits again and go to 0. (There is no reason for people to use crypto if it’s just going to be Web2.1 - the incumbents have that covered already.) It’s going to be an interesting ride over the next few years, either way.
COINBASE:XTZUSDLong
by RyanTanaka
BNB Hidden Bearish Divergence as it Breaks TrendWe have a Bearish Bump and Run Reversal Top that is Breaking Down on BNB as we show Hidden Bearish Divergence on the Weekly Timeframe . It should first come down to the 100% Retrace at $6.475 but if that doesn't hold don't be surprised to see it come down to the 1.618 Extension at $0.361 :This is an the same setup as the original chart just altered to fit a more stable exchange other than FTX since every asset on that exchange seems to be making strange moves that don't represent the actual market value of the coins elsewhere.
Short
by RizeSenpai
4
The biggest week of the year (Bitcoin)In April 2022 I posted this TA below. It turned out that triangle in that TA was the pico top of this year and i believe now we could be on the verge of a major breakout. This ascending triangle could be just as important as that TA at getting a great entry. So we have a ascending triangle , I love these patterns in Bitcoin they have one of the highest hit rates of any patterns for Bitcoin at least. Three touch points to create the support structure and four touch points creating the resistance once we break and close above 17355 with good volume there is a high chance we push upwards to 1.618 Fib at 18500. As you can see 18500 has alot of confluence from the previous range so first stop most likely would be here. We are at the vertex of the triangle so by Friday 16th December 2022 the triangle ends and it will break before that date most likely because we have the last FOMC meeting Tuesday 13th. These FOMC meetings play on everyones emotion so like all the other times we could see massive wicks on both ends before moving in the organic direction , stops will be hunted down for sure , this is why I shall wait till after FOMC and after a breakdown of triangle for entry . Now a possible bear trap senario here coming into the FOMO meeting would look something like this If it does wick down it will wick down to the previous VWAP close before heading back up. So now comes to the most important chart the USDT dominance . If you being following my TAs you know I have been saying for months once we break this white support line the relief rally will come right now we are to the coming to the vertex of this triangle and my reverse indicator on helkin ashi candles has signaled a reversal . As you can see its pretty accurate indicator at calling pivots in momentum . If we take a closer look at the two crashes this year June and Nov 2022 we can see that USDT dominance hit the exact same level forming a double top. Indicator is also calling a reversal on the Bitcoin chart Last time it signaled this was the bottom of last cycle. we also have this amazing confluence crossover which so far is holding up. This is a bar pattern from the cycle low of 2018 to the mid bull run of 2019 . Now if we take the bar pattern from this section and overlap with current price action we can see that these two fractals look nearly the same. Its a very important week for Bitcoin if I had to call it now I place my bet on a move to the upside but like always will wait for confirmation before doing anything.
COINBASE:BTCUSDLong
by Sporia
12
🔥WHY SBF ARREST IS A BULLISH SIGNAL FOR CRYPTO MARKET❓🔥 Hi friends! This is finnaly happen: Sam Bankman-Fried was arrested in the Bahamas on Monday after US prosecutors filed criminal charges against him. 🚩 SEC charges Sam Bankman-Fried for conducting “a years-long fraud” in FTX. Court filing claims FTX's founder 'orchestrated a massive, years-long fraud — diverting billions of customer funds for his own personal benefit and to grow his crypto empire. 📊 HOW WILL THE ARREST OF SBF AFFECT THE CRYPTO MARKET? Let me remind you that FTX users lost about $1 billion and this is not yet the final information. But I think that FTX users lost the most not directly, but the entire crypto industry. Together with FTT, Solana fell, as well as many other crypto projects. 🚩 Bitcoin fell by 26% from $21,300 to $15,600. Most alctoins fell by 50%. The crypto market lost $280 billion. ✅ The arrest and trial of the former CEO should have a positive impact on the crypto market for one main reason: ALL FRAUDSTERS WILL BE PROSECUTED. Now every owner and manager of any crypto company will know what illegal actions can lead to. Because of this, everyone will benefit and first of all users who have already lost a lot of money. 🚩 Perhaps the founder of Terra Luna Do Kwon will also soon be in court and will be punished by law. 📊 WHAT WILL HAPPEN TO THE FTX EXCHANGE? The new CEO of the exchange John J. Ray III helped the huge company ENRON with debt restructuring after the collapse in 2000-2001. Perhaps the exchange will survive, but it will be extremely difficult to regain the trust of customers. Bernie Madoff , cheirman of Nasdaq, whose fraud was recognized in 2009, sentenced to 150 years in prison. According to preliminary estimates, it is the largest financial fraud in history. The number of victims ranges from one to three million people and several hundred financial institutions, totaling about $50 billion. 🚩 If SBF's guilt will be proven, how many years in prison will he get? Interested to know your opinion in the comments. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5
FTT/USD (FTX, Alameda Research). Main trend. The main trend. Time frame 1 week. Logarithm. Cycles are also shown. Coinmarketcap: FTX Token Note that the price is currently in the distribution zone. Over +1600% Which in case of a break-up (downtrend secondary) could act as a partial reset zone. The first potential target is shown. In the case of a breakout of the neck zone (in the case of a return of the price)—temporary sadness. In addition to the currently existing trend line, I have also shown a future potential trend line (the direction of the main price trend) of the negative scenario, depending on the stopping in some of the zones shown on the chart. Just for clarity, I overlaid the chart BNB/USD (Exchange Binance). Time frame and scale are the same. This is what this zone looks like on a line chart. Secondary trend.
FTX:FTTUSD
by SpartaBTC
5
FTTUSDT Don't trust this rise unless this line breaksThe FTX Token is having the best daily run since the exchange crashed one month ago and we see a lot of euphoria coming back to the market but be advised that you shouldn't get over-excited as, despite breaking above the 4H MA50 (blue line), the price is still range-bound inside the 1.175 - 2.100 25 day Rectangle. Only a break above 2.100 can be a buy and that's still limited to the 4H MA200 (orange line). Please like, follow and comment!!
by TradingBrokersView
1
BNX : BACK WHERE IT DID STARTS 2022 NEXT ONE?BNX, also known as BinaryX, is a project that supports the CyberDragon game on Binance Smart Chain (BSC). Initially, BNX was a decentralized protocol for trading derivatives, but the concept has since evolved to capitalize on the growing trend in the GameFi industry. Recent developments with BNX have shown that the coin is potentially at risk for a free fall in the coming time. This is due to the lack of normal DCA transactions, as well as a potential breakdown of the structure that has been in place since the start of 2022. While this does not guarantee that BNX will experience a free fall, it is a potential risk that investors should be aware of. In order to protect against this potential downside, investors may want to consider diversifying their portfolios and not putting all their eggs in one basket with BNX. Additionally, it may be wise to keep an eye on market conditions and make informed decisions based on the latest developments and trends. Overall, BNX has shown itself to be a resilient coin in the past, but like all investments, it carries some level of risk. By staying informed and making smart investment decisions, investors can potentially mitigate the potential downside of BNX. This is not trading advice, it's only a view of the market at this moment. Time will show or it will breakdown or not.
Long
by Goldenbreakout
10