Get started

Nft

Why BTC will reach 10kIn this video, I explain why BTC will eventually reach sub 20k levels. BTC likes to drop 85% from all-time highs, we've seen this in 2013 and in 2017. Adding to that, the current head and shoulder playing out measures a price target to 10k, which is exactly 85% from all-time highs. Coincidence? I think not. So what do we do now? Work hard and save cash. You don't want to exhaust your cash buying every little dip. Share your ideas and let us know what you think.
BITSTAMP:BTCUSDShort
by MoonBets
14
ENJIN COIN RE-ANALYSIS (GLOBAL TARGETS)In our last Enjin coin analysis, we talked about how the price could go up to $6 dollars. Today we will be talking about higher targets in our re-analysis. Visit the previous analysis for inights(will also be linked below) As we can see, price action is in a large ascending channel, one which price has continuously respected on each touch Currently in a larger degree ABC correction wave (wave 4 correction wave) we can see that price hasn't yet touched the 0.618 fib level of our wave AB, which should be the first step to determining which type of correction we're currently in. Wait for price to come back down to the .618 region before making any buys, and wait for the touch of the channel support before going long. If you agree leave a like and share your thoughts and views in the comments. Feedback is always appreciated.
by RektMyMom
3
Cardano rallies ahead of SundaeSwap launchAfter providing the roadmap for 2022, the ADA (Cardano) token has increased in price quite impulsively. Its price surged to just over $1.60 on Tuesday from Sunday’s lows of $1.28, before retreating to $1.48. The growth was stopped at $1.60, which intersects with the dynamic resistance line of the downtrend. Given that the crypto market is currently under pressure, there is a possibility of a retest of the support level, which is at around $ 1.10. But most likely, we will see this level again, since it has repeatedly demonstrated stability. After the formation of the "Double Bottom" technical analysis figure, there is a possibility of recovery and growth to an important resistance level at $1.80. This level has also repeatedly prevented the price from going up, but against the background of positive events within the project, there may be a breakdown of resistance and a reversal of the downtrend. 2021 was an important year for Cardano demonstrating a performance of +691% and outperforming both Bitcoin and Ethereum with performances 75% and 453% respectively, according to CoinMarketCap. Analysts predict a strong 2022, supported by Cardano’s recent developments in decentralised finance, non-fungible tokens and the metaverse, as well as progress on scaling. Specifically, Cardano's price has surged ahead of the launch of an upcoming cryptocurrency exchange called SundaeSwap. Moreover, Cardano-based NFTs are now entering the NFT space with projects like Clay Mates, Yummi Universe, Spacebudz, Pavia, and Cardano Kidz.
CAPITALCOM:ADAUSD
by Capitalcom
Royalties, The Hidden Gold Mine in CryptoDecentraland (MANA) has recently added royalties payments to their wearables market -- it might seem like a small thing right now, but testing out economies in "for fun", low-risk products like avatars pave the way towards more serious applications like NFTs, copyright, and asset markets later on. Right now, the crypto community is still unlearning the bad habits of Web 2, which is one-off NFT sales boosted by marketing and/or celebrity status in exchange for short-term gains. But that is not where the real money is -- the combined amount of the small business communities will outshine any of the current projects a 100x (literally) if they can get the ecosystem running correctly. The secret to crypto mainstream adoption is figuring out how partnership/distribution deals can be automated in a fair, clear way and the ones that figure it out will take the whole pie, imo. More detailed post, here: mirror.xyz
Long
by RyanTanaka
APENFT looking to cross above 200maThe ascending red channel is hypothetical. APENFT has been coiling inside of the orange triangle since it's inception, bringing along several nice pumps, and subsequent dumps. However, the productivity of this project has been steady and seems to have nice upside potential. You can "mine" this coin on SunSwap by providing liquidity. It's massive supply looks to support the NFT world and it's websites houses several big-name art pieces. If this triangle is broken sometime between now and April, we could use this red channel as a trading mechanism. For now, this bottom might be an attractive accumulation zone.
Long
by NoobTraderTV
2
Bearish Developments For Crypto - Why I'm Letting Go Above, you can see the ETH/USD chart on the left, and the TOTAL crypto market cap on the right. As I've talked about in my recent posts, from a fundamental standpoint I have been leaning bearish for some months, though I still considered the possibility of some new highs for the market. Unfortunately, Bitcoin failed to sustain a new high, and also failed to reclaim much dominance on that push up, which I suggested would be a bearish development. The TOTAL crypto market cap is now back below the highs from the summer after a failed high, and is in the process of breaking down from a long term uptrend. It has already broken down from the uptrend held since March, 2020 (orange on the below chart). TOTAL is also starting to break below the 9 month EMA, which generally holds price during bull markets. A close below could signal more downside, towards the 50 month MA (red). Bitcoin failed to sustain a breakout from its recent downtrend, which I suggested could signal more downside. I was speculating on a short squeeze towards $58k but I was incorrect. In addition, ETH has broken its own uptrend and broken down from a falling wedge, which is a pretty damn bearish. This means it can head pretty quickly back to Summer 2021 lows, as many other coins have already done. Breaking back into the wedge would be the only hope for bulls, and perhaps ETH can head for a retest of the broken uptrend above. I think the macro environment is also pretty terrible. Inflation, rising rates, and the "never ending" bull market for tech stocks keep me very uneasy about holding assets like crypto for the next two years. Bitcoin itself appears to be losing its strength against traditional markets and other assets as well. Although the touch of this trendline against SPX was a buy signal this past summer, Bitcoin is really struggling to do better than the index, and is on the verge of testing levels from 2018 again. What happened in Kazakhstan also proves to potential Bitcoin believers that crypto would be largely useless in real global turmoil. In the past, I've pointed out that that material resources and cash are what people need to survive. Bitcoin has also been performing terribly against TSLA since 2019. This chart gives us an idea of what a bear market could look like for Bitcoin/USD, should traditional markets truly suffer. Then there's this incredibly obvious head and shoulders pattern, which everyone seems to be watching. Often these obvious patterns fail to actually break down, but I feel that too many people are still in "buy the dip" mode and expect this pattern to avoid a violent breakdown. The target would be summer lows. These were enough signals for me to sell a chunk of my crypto yesterday. I held off on selling during the summer rout, since I figured Bitcoin would at least test $42-46k again. These signs of weakness convinced me to sell now, rather than earlier. A lot needed to happen for me to get to this point. Maybe that's a bullish signal ;) Unfortunately with ETH, folks are convinced that it'll avoid serious downside because so many people are locked in staking. However, I expect the unlock to add sell pressure if we're in a full-blown bear market this year. I also think the high fees contributed to its inflated value, much like Bitcoin's high fees in 2017 contributed to the previous bubble. This is because only those with financial means can afford to buy NFT's on Ethereum, and only those with the means can participate in the ecosystem. This makes it a circle-jerk for the wealthy, and an easy way for people to get their attention sucked away from more meaningful things in life. This seemingly never-ending casino is a distraction. It certainly has been for me, when I could have been working on a graphic novel and creating more works of art. It's painful to think about how much time I could have spent doing those things, instead of staring at charts. In some ways, getting involved in this space is actually very inauthentic to who I am. But I've learned a lot - so I honestly don't regret my time in this market. My fascination with human behavior and collective psychology explains why I've stayed here so long, and will likely continue to post on occasion. As I mentioned above, I have been fundamentally leaning bearish on crypto for some months, and I've spoken numerous times about how I have considered pulling some profit. I have continued to lose interest in the space, as I watch people desperately try to find the next new coin while whales profit massively off hype, with very little substance involved. I'm an artist and studying social work, so substance and positive change are important to me. While I see applications of blockchain technology eventually bringing about some positive change (in terms of digital ownership and ownership of data/attention), I don't think this space can run like this much longer and sustain. Arthur Hayes wrote another brilliant essay yesterday, and I really like how he describes financial markets as conduits for energy. For a long time, I've felt that this energy would be better used elsewhere---focusing on building a better MATERIAL world, not a VIRTUAL one. But alas, it seems that humanity has given up on itself to the point where it would rather live in a metaverse and create robots to supplant our existence and usefulness. I do not want to participate in that future. Seeing the recent ad for "Cryptoland" was the last straw for me. While I think universal trust is important for humanity to advance, I do regret to say I've lost my trust in this market. I'm at the point where I believe betting on enormous upside from here is betting on stupidity. Now I love not taking things seriously, but when I'm planning for my future I don't feel comfortable putting my faith in this market in its present state. It seems that this cycle many were roped into buying shiny new projects with grand promises. This happened in 2017 as well, and most of those projects are now dead or in the process of dying. That includes some of the biggest hyped projects of the time. I'm honestly impressed Cardano even did as well as it did this cycle, considering I still have no idea what it's being used for. ADA is resting on its previous all-time high, so this could be a decent launchpad if the market manages to hold current levels, but it has a long way to fall should this support give in. Here's an example of a newly hyped project that I think is likely to be dumped heavily on investors: Here's what can easily happen to a lot of these projects, as it happened in 2018: Now just for fun, and for transparency, here are the coins in my portfolio, and how the performed since I bought and sold. I still continue to hold all of them except NEO, which I sold off in its entirety. I still did better by not purchasing Bitcoin, and going for alts instead. Ethereum (ETH) - bought between $103 and $215 in 2018/2019. Sold above $3200 Smartlands (SLT) - bought between $0.16 and $0.50 in 2018/2019. Sold above $7 VeChain (VET) - bought most between $0.003 and $0.004. Sold some at $0.20 earlier this year and more at $0.08 yesterday. Stellar Lumens (XLM) - bought most between $0.04 and 0.07 and with occasional profits from SLT. Sold at $0.26 NANO (XNO) - bought most around $1-2, sold at $3. I love this project, but definitely one of my worst performers. Litecoin (LTC) - bought initially at $32 in 2019. Sold at $135, then re-accumulated in 2021 at an average price of $145. Sold half at a loss at $132 yesterday. Fairly pointless venture, but at least I did well in 2019 with Litecoin. NEO - bought most with an average cost of $6-7. Sold near $24. Had bought some with profits from VET in 2021, but this was a failed trade. Writing that one off. I sold all of it because although I believe it to be fundamentally strong, I think there are too many obstacles now preventing it from gaining back substantial market share. So that's my crypto story so far. It hasn't ended, since I still own some coins. But I'm satisfied with my gains, and will likely sell more if the market manages to continue up from here. There are some bullish arguments (particularly for the long term), which I noted in my recent video. I think it's possible crypto avoids testing the 200 week MA for a long time and develops a sustainable uptrend. But in the medium term, the uptrends are broken. And I think people will become a lot more skeptical of this market once it does return to Earth. My hope is that people snap out of it, but the market can remain irrational for as long as we as humans remain irrational :) On the bullish side, we could of course still get another ridiculous push for the market, and we could be close to bottom here. I still have some crypto in case that happens. Anything is possible. If my personal sentiment weren't so sour at this point, I would probably be buying now. But crypto is something that is supported by collective belief. Unfortunately my belief is waning. This is not meant as financial advice - this is simply me cataloguing my own journey in this market. It's been a crazy 4 years. All I can say is I'm glad I've made it out with some profit. I might even decide to trade actively when I have the time, using the tools I've learned. -Victor Cobra
COINBASE:ETHUSDShort
by VictorCobra
24
AUDJPY BEARISH SEASON Considering the structure of audjpy, the market looks bullish in a lower time frame but, scaling upward to 4H and Daily time frame, it is clearly showing that the bullish pattern is mainly to take off the liquidity gap in between the prices. Considering a trendline analysis as well, the market shows a downward pattern with 3-4 confirmations on the trendline. Therefore, I'll rather look for a good sell entry after the liquidity gap as been taken off completely. The only buy confirmation I can agree with is if the price break the trendline and the order block then form a bullish engulfing candles.
Short
by Bolems
SOUL & RMRK about to move!After concluding the BTC bounce is here, I did some research for some potential heavy mover in the lower capped coins with a solid fundamental basis and I found two projects: SOUL & RMRK. Both are NFT infrastructure projects with solid exposure, tech and great token economics where most if not all tokens are distributed. SOUL is doing great and forming a cup and handle with a breakout target towards 5 dollar (about 60%) and RMRK could even do better if it manages to hold previous resistance as support; with an impulse target of 150 to 180%. Both projects are in the 300M market cap area and have ways to go... For sure, lets keep an eye on BTC but I do not expect anything major for this week and possibly till the end of January. Seems like BTC is doing what I expected in the linked idea below. RSI on both coins looks healthy with bullish divergences and room to grow. IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Long
by cryptobullethbtcxlm
4
Cardano Daily TA : 01.12.22 : $ADAAs you can see, the price has already maintained its static and key support and has reacted positively to this range, but this does not mean that the price will not fall further because the whole market will depend on the behavior of Bitcoin in this cycle. . Key support ($ 0.90 to $ 1.11) Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 12.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
1