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Upward

An upward triangleLooks like an upward triangle. Looks like, this one will take it's time to complete, too. The triangle may even breakdown and extend into a longer period, but I don't see a big correction yet. FOMO looks strong right now, so I expect some more growth. Would I buy? Well there may be a 30% correction. But, considering lots of buyers wait for this correction, it may simply not happen :-) This is typical way how the market puts people through maximum pain :-) If one intends to buy and hold for one year (approximately that much is needed for this bullrun to reach its peak), 30% drop is not that difficult to stomach beacuse one can be absolutely certain, that in following months the exchange rate will climb back up and much higher.
BITSTAMP:BTCUSDLong
by pennywise_the_sage
4
institutionalized bitcoin balancing actheres a bit of TA and FA for yall, some of you might kniw my feelings regaurding the current climate of crypto, im uneasy to say the least, did things change so much from the half a billion in funding from americas fintech companies? idk to be honest buit from the look of things it seems to have added some stability and set btc in a nice upwward channel, typically when you see this happening the bulls win after a short tug of war, is this a bull trap or prelude to a 20k btc explosion? ive no clue to be honest, just mere moments before the election if btc can hold out and wait the storm out we will definitly see a 1200 dollar check iun the mail and maybe btc will explode upward like everyone wants it too. on a side note i hate politicians and dont really care if anyone disagrees, that 2 trillion dollar stim bill that passed earlier this year couldve gave everyone a 1200 dollar check every month up till now easily, but we all know billionaires want there greedy vigorous take from that pie, so buissiness got 85 percent of the take. which makes me wonder, wouldnt adding spendable money in the hands of all us citizens boost bussiness revenue as well? anyways the channel btc is on looks like in the next week or so should be an optimal time to reposition for its last push to the 1 yard line. happy hunting yall!
by track4success
LINK.......My Secret Lover LINK, My Secret Lover. The secret's out ! This is the "trashy" LINK, shown here in a 3 month chart after she is coming out of a terminal decent. I haven't included a downward channel, because you can plainly see the strong movement out of the downward channel beginning on Oct 8th, 2020. This gurl is prone to strong movements in any direction, up or down and has to be watched closely. I happen to like this Block Chain project for the fundamental reason of what it achieves, that being the communication of data both in and out of a block chain. I suggest that you visit their website and take a look who they are associated with both in terms of users of their technology and the associations they are part of. They are involved with all the heavy hitters. She is certainly an "uptown girl." Now many of you investors don't give much weight to "fundamentals" as they are hard to access in the crypto currency space, but I do, and I do this for the reason that in time when some of these projects begin to reach out into the real world, they will begin to be evaluated by their worth and what they can achieve and not just by looking at a chart through the eyes of technical analysis. In short, they will be evaluated like investments of other technology companies in the real world. This is my opinion which you may or may not agree with, but I assure you, it comes from "God's mouth to your ears." I don't often deal in Alt coins as they are known, but I just hold a few Blue Chip assets like BTC and ETH, however LINK is in my Top 10 List of investments and I think it has a long term potential. It's nice to set aside a little "play money" for these more speculative investments, other wise we would fall asleep at out computers, or be found watching porn for excitement. OK...time to get out of here. Have a great day. Ward Weaire Toronto, Canada Oct 12, 2020 *** Please send me all your excess BTC and ETH and I will check them for authenticity as I understand there are some fake coins in the market place. This may take a little time, so don't worry.
KRAKEN:LINKUSD
by WMWToronto
1
ETC Possibly Trending UpwardLooks like ETC might be trending in an upward channel heading to $7 - $7.30. That's about a 5% gain in what could be about 20-30 hours. Not bad, right? We'd keep your stops tight on this and follow it up with a trailing stop under the bottom edge of that upward channel, with a Take Profit *somewhere* in the horizontal channel. We'd wait till the price is comfortably in the channel, move your stop up to $7, and let it run. There's no point in actually taking profits and then watching the price reach $10, likewise it's heart-breaking watching a 5% profit turn into a 5% loss. Money management is possibly the most important factor when trading, learn it, use it, refine it. Good Luck & Happy Trading! theCrypster
KRAKEN:ETCUSDLong
by theCrypster
XRPUSD - Upward Trend Today. Price Technical Analysis #2Market in last 24 hrs - XRPUSD price moved up gradually between $0.198 and $0.206 - Price at time of publishing: $0.2036 Today’s Trend analysis Price should move upward today. Some oscillators are neutral but compared to yesterday more now have flipped to confirm upward momentum. Both MACD and RSI have to cross up 0 and 50 respectively, indicating that an upward momentum is gaining strength. CCI is close to 120. Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto tokens. We are observing an increased trade volume and price volatility . - Upward today - ‘Oscillator‘ indicators arebiased towards buy side. RSI is at 54 - ‘Moving average‘ indicators are mixed. Ichimoku Cloud is neutral ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
Long
by Mudrex
4
ETHUSD - Upward Trend Today. Price Technical Analysis #25Market in last 24 hrs - ETHUSD mostly consolidated, moving in range +/-4 around $193.3 - Price at time of publishing: $196.2 Today’s Trend analysis Price should trend up today. Oscillator indicators are mostly indicating neutral momentum, but compared to yesterday some have flipped to now indicate a buying opportunity. Bulls are gaining strength to drive the market in upward direction. CCI is below over-bought zone and RSI is close to 60. MACD histogram is indicating a selling opportunity. - Weak upward today. $200 is probable - ‘Oscillator‘ indicators are neutral - ‘Moving average‘ indicators are unanimously indicating buying opportunity ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles. DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter sudden jump in trade volume. ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:ETHUSDLong
by Mudrex
10
The Main three categories and directions of TrendTrend is the direction of the market. In other words, it is the direction of peaks and troughs that constitutes market trend as the market generally move in successive waves (zigzags) with fairly obvious peaks and troughs. The market moves in three directions: 1. Upward trend or uptrend (bullish) – Series of successively higher peaks and troughs – “go long” 2. Downward trend or downtrend (bearish) – Series of successively lower peaks and troughs – “go short” 3. Sideways trend (trendless) – Series of Horizontal peaks and troughs – (a third of the time the market moves is flat/horizontal) – “stand aside” Major Trend – Anything over 6 months – Dow considered years Intermediate Trend – It is a correction in the Major Trend - Three weeks to three months as per Dow’s Near term Trend – It is a correction of the Intermediate Trend - Less than 2 or 3 weeks as per Dow’s
COMEX:GC1!Education
by Mauriello
$ETHUSD- Ethereum Technical Analysis -Forming Upward TrendsHello Everyone! we are back with another analysis to help you better in your trade strategies. Today we are going to discuss the analysis of ETHEREUM. So according to DMA's charts we can clearly see that that a strong upward trend is forming in ETHUSD. we have seen in the later last year that the 20 DMA line has been rejected twice , But in the starting of the year 2020 the 20 DMA line has bounced back from the lower levels and now it has crossed the main points that means it has succesfully crossed the 50DMA line and 100 DMA line and now it is moving upward to cross the 200 DMA line. And apart from the DMA Chart the RSI indicator is also showing a bullishness And also the LMACD is also showing strong support in the upward trends. so we can clearly see an UPWARD TREND in ETHEREUM. Hope you have liked this analysis. And dont forget to hit LIKE button to encourage us to serve you with more refined and better analysis. Thank You YO CRYPTO
COINBASE:ETHUSDLong
by YoCrypto