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Whales

Ren (REN) More Explosive Growth 2021The REN project is another fundamentally sound DeFi project that is poised for major growth in 2021. A decentralized protocol that allows for users to transfer cryptocurrencies from one blockchain ecosystem to another. This project already has major utility being used on a daily basis and will only continue to grow with the growth of DeFi and the overall cryptocurrency market. Currently the USD pairing is in price discovery and trading at all time highs. However, REN still has yet to hit a new price discovery against its Bitcoin pairing. This indicates that REN still has a lot more room to grow. Another factor to consider is that REN currently has a circulating supply of 995,363,051 REN and only a max supply of 1,000,000,000 REN. REN is getting closer to reaching it's max supply which will also play a role in price increase this year. Also the according to the analytics firm Santiment has recently reported that whale accumulation for REN skyrocketed in Januarys which also indicates the increasing demand for REN. Our next stop for REN is at Fibonacci level 0.5 at 2925 Satoshi. Once we fully break past the 0.382 expect a runup to test 2925 Satoshi. Keep REN on your radar this year for 2021. As always much peace and love!
RLong
by peacefuljustin
The whale story. Opportunity to make profit if you are quickBe or not to be? Or in the cryptos world - what is the technical analysis worth when whales decide to party? Yesterday's market took many U-turns due to a handful of traders spoofing the market with 30-150m USD so-called "Pumps and Dumps". It is unclear if it has totally changed the declining pattern of cryptos at the mid-way point. At the time of writing, technical data indicates the possible highs of 1355 and possible lows of 1185. There seems to be unusual support formed at 1220 and if the market manages to break below it again, ETH may drop to 1150.
BITSTAMP:ETHUSD
by DataMoney
5
✨ ABCED is ready to blow on the daily chart!!! The outlook for ABCED is looking gorgeous! Check out my chart with stochastic RSI and buy/sell AI! More people are becoming interested in alternative methods of powering their homes and businesses, and one of the most popular of these alternative options is the installation of solar panels. In Arizona, people can get the answers and the service they need from ABCO Solar. They can customize a system for you that will help you save a significant amount of money on your energy bills, and help the environment at the same time! Not trading advice
ALong
by primroseverglade
Possible BULLISH and BEARISH scenarios for the CORN. Potential "W" formation forming here. Looking for a bounce at 81.8% FIB RT, followed by a candle body close above the 50% ($34.5) to confirm a "W" bottom pattern and BULLISH CONTINUATION. If PA does not close (1hr min) above the 50% (local) FIB RT, the probability of a move down to support at $19.5 becomes much more likely. A 1hr close below the 81.8% FIB RT (local) would add confidence in the BEARISH SCENARIO playing out (Head and Shoulders) with a 34.5% corrective move. There is a lot of confluence supporting the BEARISH CASE here with a retracement down to $20K, but the FUNDAMENTALS are screaming "THIS ISN'T OVER UNTIL THE FAT WHALE SINGS". The only thing to do here is to WAIT for identifiable structure to develop. If this is indeed an ACCUMULATION CYLINDER prepping for a HUGE MOVE to the upside, PA should start showing some bullish signs soon. Things to consider: BULLISH: - DXY rejected at the 90% resistance and is currently below the 21DEMA (90.2% INDEX) and could be headed much lower - TOTAL MKCP has fallen under $1TRILLION - BOND Market continues its DIVE to the downside, down 1.6% since 08JAN21 - Guggenheim Investments' N1-A is effective 31JAN21 (www.sec.gov) - Retail FOMO is just getting started BEARISH: - MPI is showing a local top - Last RE TEST of 21 WEMA was 21SEP20 - Strong (RSI) BEARISH DIVERGENCE on the weekly SPX
BITSTAMP:BTCUSD
by BitCapJNY
2
Whales swinging BTC market to daytradeI watched these movements in real time on aggr trade. It is a few of the same large actors putting in large buy orders, spurring fomo so people buy the "breakout," then, at whatever seems the top, they sell all at once. We saw this at large scale several times recently near ATH pushes. These are not organic price movements, it is the result of bored whales daytrading and scalping. Eventually, people are going to stop reacting to these false breakouts, and we will have to find an actual organic support. Whales are taking profits. This means they intend to buy lower in the near future. Ergo, BTC price will correct lower in the near future. Not financial advice. Not a professional financial adviser. Opinion and entertainment only.
COINBASE:BTCUSDShort
by zbtmv
2
BTC on the trap of Double TopThis has been exemplified through 2020 as Grayscale has reported back-to-back recording-breaking quarterly results. The assets under management (AUM) have exploded in the past 12 months to over $10 billion. Somewhat expectedly, the Grayscale Bitcoin Trust has the most substantial share. The analysts asserted that if there’s a decline in the interest towards GBTC, this could damage the narrative that Bitcoin has become a favorite among institutional investors. “A failure by the Grayscale Bitcoin Trust to receive additional inflows over the coming weeks would also cast doubt to the idea that institutional investors such as family offices have embarked on a trend of embracing Bitcoin as digital gold replacing traditional gold as a long-term investment.”
COINBASE:BTCUSD
by jaynoel
3
17.9.2020 - Chainlink (LINK / USD)Hi Traders! Today we will take a look at the popular cryptocurrency - Chainlink (LINK). In the spring and summer, its growth aroused huge interest. After the March declines, it was around USD 1.28. It reached its absolute maximum in mid-August at USD 20.10. We are talking about a growth of about 1 460% in half a year. That was what brought Chainlink a lot of attention. But how will it develop further? We are currently at USD 11.16. We see the values of 8.97 - 9.80 USD and then 6.30 - 7.07 USD as the two absolute most important supports. How do we know that the downtrend is ending? First of all, we must realize again the 3 basic cycles - growth - decline - consolidation. This chart passed through extreme growth, a strong decline, and now there should be a phase of consolidation, ie moving to the side. The uptrend will, therefore, be definitively confirmed only at the time when we break-up both trendlines of the chart. Looking at RSI, we would like to see a drop to the extreme zone, which would mean a decrease in support on the chart and then a move up. LINK has undergone a correction of about - 50%, which could be enough, but in terms of the time we still see space to move sideways. May the crypto be with you!
Long
by DolleroTechnology
4
ETH gains strenght. When will we see break out?The Stochastic indicator has drawn a bullish divergence and is close to the overbought zone. It looks like it may decline again in the coming hours, which would ideally match the price movements in the ascending triangle, after which we may see a breakout of the upper border. Also, bullish divergence formed on the RSI. In addition, there is a significant gap to the upper limit overbought zone. First of all, it is necessary to gain a foothold near the middle line, after this we will see an upward breakout. The price is definitely moving in an ascending triangle and has already made 4 touches. With a high degree of probability, in the next few hours we will see a decline to $340, which matches the lower border of the figure. After that, growth is likely up to $400. Bollinger bands indicate a similar move. During Saturday's fall, the price pierced the lower border 4 times, after which it rebounded from it and has already reached the middle Bollinger line. Now the chart is consolidating near it, but with a high degree of probability we will see a breakthrough of this line up to the level of $390. It is also worth noting an important factor regarding Ethereum. During the fall in the price range of $310 - $325, observers noted a large number of new whales on the Ethereum network. Each of them bought Ethereum in the amount of 1,000 ETH to 10,000 ETH, which is about a billion dollars. Researchers have counted 68 such new addresses on the Ethereum. It could indicate a strong and long-term uptrend for the coin. Therefore, the rise to $400 will be only the beginning.
Long
by Crypterium_Analytics