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Be smart: think and act like a Reef Turtle.In the world of trading, you must always think like a reef turtle. Reef turtles are an animal that acts wisely, with great patience, prudence, they wait for their moment, and they do not lose their heads. They always trust what they do, have some of the best moods in the animal kingdom, and never panic at anything. They have a hard shell, both physically and mentally; They are not influenced by stupid things that happen on the outside, and they are not intimidated by anyone. They are a very intelligent species, that whenever they have the opportunity of ACCUMULATE much more and more food, they do it. You must act wisely. Invest in projects that are starting and are very cheap with a great opportunity; buy, accumulate and hold without fear. Never invest in an oversold project. In this alt season, REEF is the best project to invest and one of the few that left without an exponential growth, offering pioneering features in its area, being a son of Polkadot, and having a very solid and strong community of investors. Be smart, be a Reef Turtle.
RLong
by BullSecret
30
ADABUSD 1D Wyckoff Distribution Schematic #1ADABUSD 1D Wyckoff Distribution Schematic #1 I have been waiting for a loooong period for this time! Cardano is looking incredibly strong and after a long consolidation period we can see a very strong push towards a new ATH. My current idea is that Cardano is currently in Phase C of the Wyckoff distribution schematic #1 executing the UTAD test . You can compare it yourself if you google 'wyckoff distribution schematic #1' and look at the phase C / UTAD test. I am unable to post links due to low rep x).. This means that we can expect that it can spike towards a new ATH; however, this also means that after it has reached its target we can expect sideways movement and in the end a big dump.. My targets are set to around 1.48, but it might jump between 1.40 and 1.60. Be mindful that Cardano does not move fast and a lot of patience is required. This dump is needed as a natural progression towards a more stable growth towards 2USD and higher. This correlates with the new estimation on the release of smart contracts. Make sure to be not greedy and sell on time. Be patient and a new opportunity will come. Let me know in the comments what you guys think!
AShort
by Quaii
HIGH ETH GAS FEES = MIRGRATION TO TRX CHAIN FOR SMART CONTRACTSEveryone is being told that Ethereum 2.0 proof of stake Blockchain is two months away. I have even seen reports of two weeks away! The Ethereum developers are the most conservative out of any chain. Why? They have the most to lose, being the number two crypto on the market by "market cap". The number of projects built on top of the ETH Blockchain has swelled due to a big shift toward decentralised applications in finance, gambling and smart contract matrices because this removes the risk of bad actors 'exit scamming " with your money. The combination of these factors and BRRRRRRRRRR of printing presses skews my fundamental analysis toward a bullish crypto outlook, albeit with very short lived pullback.
KRAKEN:TRXUSDLong
by Silverbacked_Gorilla
2
Has Fantom the potential to become a top 10 coin ?Since I first recommended Fantom in June of 2020 I have written 6 or 7 posts about the coin. Everytime I am more surprised by the development of the project and the price moves that follow. I am now up 30 x on the entry price and have unloaded only 1/3 of my position. The rest is on staking and is a long term hold. The recent price move caught my attention ! It was violent !!! Moreover it was not a pump and dump type of move but it sustains itself throughout time.... Fantom is rallying again. Moreover FTM just completed a giant cup & handle formation relative to the bitcoin chart !! It is forming a bullish hammer on the weekly, right above resistance. HAS FANTOM THE POTENTIAL TO ENTER THE TOP 10 ON COINMARKETCAP ?
Long
by Dangermousebanana
5
Band Protocal (BAND) Break Out Retesting All Time Highs SoonIn the oracle realm of the cryptocurrencies Band Protocol is the second largest oracle coin right under the leader Chainlink (LINK) that is bound to be picked up and re-test those all time highs. Band Protocol has approached a very important level today as it has slightly broken out of $11.50 resistance zone that has held strong since September 4th 2020. We traded for at a high of $11.80 before coming back down to current levels. Today we hit the 0.5 Fibonacci Retracement level and now we're trekking towards the 0.618 Fibonacci level putting us at around $12.25 for our next target. We also hit a daily bullish divergence on the MACD as well indicating we may be positioned for a strong breakout within the next week or two. Band Protocol only has a market capitalization of around 230 million dollars while Chainlink's is around 8.9 billion dollars. As being the second biggest leader in the oracle space Band Protocol will be poised for a lot of growth this year especially as the use case for oracles continues to accelerate. Oracles allow ways for a blockchains and smart contracts to interact with external data. Oracles will be an essential part of the evolution of cryptocurrencies and growth of Decentralized Finance (DeFi). Band Protocol is the second biggest Oracle, still well under a 1 billion dollar market capitalization, and has a Coinbase listing. Keep Band Protocol on your radar for 2021. Current Support Level: $9.00 Current Resistance Level: $11.80 Cheers! Much peace and love!
COINBASE:BANDUSDLong
by peacefuljustin
4
BTCUSD: Breakout is coming. Buckle up,surge to 40k! Hello traders! BTCUSD is on the verge of a BREAKOUT! Here is why. Don't forget to like and follow. Technical Analysis works almost all the time. With Technical analysis, I can forecast accurately that BTCUSD will surge to 40k. This isn't a horoscope consultation. This is a technical analysis: 1. Effective Divergence Indicator(name will change soon) early breakout of neckline of Reverse H&S A reverse H&S is the bullish counterpart of the H&S. The EffDi gives an early break of its own neckline of the Rev. H&S, with yellow(strong) volume to accompany it. 2. Price has own reverse H&S Price is on the verge of confirming its own H&S on the chart. This is very bullish, as if the neckline is broken there will be a boom. 3. Elliot Waves: 5 waves complete The Elliot 5-wave pattern is completed, thus saying that the downtrend has ended. Rocket high incoming 4. Bitcoin makes Higher High(HH), Ethereum makes Lower High(LH) Usually, as many noticed, Ethereum performs better than bitcoin in pumps. Well, BTCUSD made an HH, while Ethereum made an LH. Today's rally is different. 5. MA Channel broken easily, then used as support Briefly after the rally to the upper consolidation, Bitcoin plummeted to the MA channel, which acted as support. The MA channel now acts as true support for the first time. 6. BTC rally structure different from before If we observe, the recent rally looked like a parabola, with a steep increase. Lots of bulls were there, with the highest rally volume since 2 weeks ago. This means that the bulls finally finished hibernating. 7. Huge Wedge consolidation, quiet volume. Breakout will be like a spring A wedge has formed since 3 weeks ago, and very big, halting the scary rallies and dumps. But the current rally is diamond-strong this time. Bears backed out hurriedly. Taking these into account, it is likely that the next Bitcoin run is ready. With all the institutions gobbling up cryptocurrencies, Bitcoin is set to ride the rocket. Get ready, buckle your seatbelts! Good luck!
COINBASE:BTCUSD
by Trader_ph
3