HOLD
ARXUSDT - 1D - UPDATEsee and watch :)
Its purpose may be spatial and unexpected in the first place, but you can consider it as an option for holding ...
Of course, for the short term, this goal is very spatial and almost impossible, but in the long run, anything is possible ...
And in the end, this is a personal opinion and in this market, nothing is definite and any analysis may be invalidated at any moment ...
BITCOIN Standing Strong! Hello and welcome to this exclusive update on the current BTC price action.
We saw a major drop in BTC price from a $52956 high straight to $42900 low. This drop liquidated many long positions in the market which was not good at all.
In a higher time frame (like 1 day), BTC is all in good hands. The 200 Day Moving Average showed a great support level for BTC and it is still holding the price there. BTC must close above this 200 MA and bounce back in order to stay bullish. We also have another strong support at the $42400 level where the recent drop has left a long shadow. If BTC fails to hold the 200 MA then $42400 will be the next support level for BTC.
On the other hand, a bounce in BTC will certainly lead the price back to the $50k level which is a psychological level for BTC, and in order to confirm the bull run, BTC must cross this level.
Conclusion:
1. Daily close above $46k to $47k is a must.
2. A bounce will once again test the $50k psychological level.
3. Break down below the 200 MA will drop the price till $42400.
Well, that's it for the update. If you find this update useful then do hit some likes, share your thoughts in the comment box, and do share.
Take care.
HBAR ride is comming soon :)We break this trendline + range high and fly. First rezistences are monthly level 0.36, daily at 0.41 and after we claim these levels price discovery mode follows us to the moon. 1.618-2.0 box is my first target area. 2.618, 3.618 next. But better hold this project forever :)
ETH finally popped!Short and sweet,
The stacked orders have finally been popped, I said it 3 times this week, the longer that we wait for the orders to be stacked the more impulsive the move would be.
Whales ate up the short stops and liquidity causing a rally.
If you know the they the market moves spotting things like this is easy, don't think like a retail trader if you don't want to be a retail traders.
As always trade safe,
EnvisionEJ
ICP: decided to buy some for hodling.Hello everyone
I decided to finally buy some ICP here, at x2 of all time low.
If you look at the prices this project has reached before.. it might go back slowly to there. Considering 2 lines have been broken and a cup and handle is made on the bottom.
Also a parabolic price development is to be seen.
Burning.. big plans that could change crypto.. this is "one of those projects" we need to hodl q few of.. even at #17 marketcap.
I bought 10 for longer term.
Cardano is looking goodJust sharing my point of view, not giving any advice.
I have to tell you that cardano (ada) is looking very good, I'm expecting a new AH (=All time high) soon.
We can clearly identify the uptrend and @ the moment the bulls are in control, which gives me the confidence to break our current AH @ 2,50 euro.
Cardano is a company with a lot of potential, i'm expecting a next stop / resistance @ €3 (psychological level) ... but this won't be the last stop ... Ada has a lot more to give, i'm holding ada for the longterm.
XMR usdt.. What I think of Privacy tokens Hey everyone,
With Binance now yielding to western European countries.. I think more and more people will think of Monero and other privacy coins.
I decided to go with XMR instead of ZEC. Imo XMR has more to offer.
Check out the current chart.. I cant see history of XMR in Binance charts anymore, so people tend to forget we were at 300 before with XMR..
Imo we could see a leg towards 150 happen (btc bear scenario) or breakout now. In both cases bullish on XMR longterm!
However, I see a big cup and handle here. And fundamentally.. I support privacy tokens too.
Another good(but gambly) privacy token might be Arrr on Kucoin.
Bought them both. Hodl!
We need some privacy tokens in our bags. The future is bright.
BTS ?BTs gell out a little bit hours ago but started going up again, the important point here is the resistance which should be broken. according to MA, MACD, CCI, and trending line channels the power of demand is more and more than emission so its going UP still .