Bitcoin is going to melt to 7500 liquidity levelTOP DOWN ANALYSIS
WEEKLY TIMEFRAME
----We see price formed a W formation indicating a double bottom formation which indicate a strong super bullish uptrend after we break the neckline around 13000 level.
----Price is above the EMA indicating a continuation to upside(uptrend)
DAILY TIMEFRAME
-----Price is consolidating between the upward channel
---- Also EMA crossover in daily timeframe and price are below the ema indicating we might have a slight retracement to downside to collect liquidity before move up
---key zone to watch for liquidity test is around 7500 level cause it was a point of control for accumulation phase
----Price has to break structure 8500 and go below the pick region for a continuation to downside
--- estimate liquidity zone is around 7500 which come in confluence with 78.6 fib level
H4 TIMEFRAME
----Price has formed double top and EMA crossover to dowside. so h4 timeframe and daily are coming together indicating a temporary dowside shift of momentum
----price is forming lower highs and lower lows
H1 Timeframe
---- price is below the ema and we shall see a continuation to down side and key level to watch is the support level of the necklike of double top
-- price as expected to retest the accumulation point of control before moving to upside
DOnt leverage a lot in future trading or margin trading to avoid liqudation
wait for confirmation before taking a trade and ema crossover from daily,h4 ,H1 TIMEFRAME before going long
thanks you
Wallet
EDO/USD - $1.65 - $2 target by Aug 1 possibleEDOUSD could see $2 by August 1 2019
Could July be the month alts catch up to BTC?
EDO's USD price is clearly on a run, all though that has more to do with the rise of bitcoin's price.
If the current trend (blue arrow line) remains intact, it leads right to $2 by August 1.
EDO loves to post shooting stars however, so it's likely the $2 price target is hit much sooner. Within 3 weeks from today - June 22 is possible.
Other indicators:
Price has closed above top orange line.
Green crossed the lower orange line on the last pump and we are probably within 3 days of the blue crossing orange along with green crossing red.
There was also a golden cross a few days back.
ATTENTION BITCOIN SHORTS!Please be advised that when I buy from you the Bitcoin you are selling short I have NO intention of selling it back to you when it comes time to cover. I plan to take it off the Exchange and squirrel it away in my offline wallet.
It won't be coming back until the end of the year. If then.
Just giving you heads up.
Does that make you want to lever up and short more?
Good. lol
Cardano will supported by Trezor hardware wallet.Cardano accumulation is coming to an end Several days ago, on the October 23, Charles Hoskinson ( Input Output hong Kong co-founder) twitter an announcement. It the twit he stated that by the end of the month Cardano will be supported on Trezor hardware wallet.
The steps that Cardano is making towards the funds security seems very reasonable. This way ADA holders can get more sense of security for the invested capital, thus inviting large investors into play.
The interesting fact is, that on Tuesday, when the announcement was made, Cardano has tested $0.074 low. This is the 61.8% Fibonacci retracement level that has been rejected cleanly. Throughout this week price has been ranging between $0.077 and 0.074 support level, which was rejected 3 times already!
Currently, price is trapped in the triangle pattern, failing to break either above the downtrend trend line and below the uptrend trendline. The RSI oscillator is trading within the descending channel, and the break above might be the first bullish signal for ADA/USD. Second confirmation to look for is the break and close above the $0.0775, which might push price up to the «high volume» resistance at $0.0835 and potentially to $0.1 physiological resistance confirmed by 127.2% Fibs.
Considering the fact that the RSI is trending down and that ADA stays below the 200 Moving Average, the probability of the ADA dropping more down remains high. Break and close below the current support area, might seem like invitation to sell ADA at least for the short term. Buyers should be looking at the $0.067 and $0.060 levels, which might seem a lot more attractive comparing to the current price.
The battle between bulls and bears is obvious, and who will be the winner is yet to be decided by the market. The Cardano accumulation might have come to an end, and it just a matter of time before it breaks out.
BRDBTC: a bearish possibility $BRD $BTCLast time we predicted correctly BRDBTC bottom at 4200sat using fibo extension. After that, BRD rallied to 6100sat and double topped there. Now we might lose 4600sat support and if we use the same tool we used to predict a new bottom, that will be 3000sat. If you like the project with its fundamentals, it will be an amazing area to buy for longterm. I dont know if we are gonna get there
Ethos (BQX) reversal pattern!Third support (0.00006348) from my previous TA will probably be hit before a bounce. We will see 5 dollars EOY if BTC doesn't screw us over.
Buy zone: around 0.00006348
Idea and the information contained herein is not intended to be a source of advice or credit analysis with respect to the material presented, and the information and/or documents contained in this idea do not constitute investment advice.
NULS Possible ScenaraiosCollors indicate the possible scenarios
This means, be careful about the resistance and support levels that we indicated on the graph! They are your key tools
Crypformation: NULS - Upcoming Events
31 May 2018
Mobile and PC wallet release
Validation: 115/116
Disclaimer: This is not a trade advice, every trade is at your own risk.
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SpectroCoin platform launch ICO Bankera (BNK)
Bankera is launching an initial coin offering, which starts on November 27th on the SpectroCoin platform. The offering will be virtual currency-tokens known as Bankers (BNK). To get your BNKs, you have to open an account at SpectroCoin. You can sign up. Don’t forget to fund your wallet in advance!
Buy now that the currency costs $ 0.018, and not when it exceeds $ 10 in the coming months
and not when it exceeds $ 10 in the coming months.
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spectrocoin.com
Preliminary Debian packages for Monero and the Monero GUI wallet"Monero
Monero is a crypto-currency project that incorporates privacy into its design. Members of the Monero community have reached out to us with requests to support Monero in Subgraph OS.
We are happy to announce that we've made preliminary Debian packages for Monero and the Monero GUI wallet. Once finalized, these will go into our official repository."
Big step forward for secure Monero use and ease of adoption globally. Soon Monero will get added to TAILS by default or the Ubuntu repository
the Decred Digesttwitter.com
Lightning Networ
Politeia: Decred Proposals in a Timestamped Filesystem
Enhanced Privacy
Hardware Wallet
Mobile Wallet
Atomic Swap DEX
Payment integrations
ASICs
The Decred DAO
EDO takeoff / first pumpEDO broke downtrend and retested it - clear skies ahead with no reason for sell pressure.
Website looks epic, and with Ethereum takeoff a great wallet should take off too, not to mention all the rest.. do your research
eidoo.io
VIA to follow VTC ? VTC just pumped, and VIA follows VTC usually. Plus, VIA has some wallet releases coming very soon next week. Might be a great time to be bullish on VIA.
It might just finish the inverted head and shoulders and reach 30k sats which would come right below the 1D Ichimoku cloud. After which, the next week news might catapult VIA to some crazy glory.
FCT: End of the downtrend?Factom is showing signs of potential reversal. Now there are two setup in this trade. The first being an ABCD trade followed by a retracement back to the 61.8 fibs level. This will give us an inverted head and shoulder. If this happens, it will further establish a bullish view for factom in the coming days. What are your thoughts?
Trade with care.
Video Analysis: youtu.be