🌱 (CHIA/USDT) (July 4, 2024) (#Chia #Spot) Chia is a promising cryptocurrency that I've been following for a long time, focusing on mining using hard drives. Do you remember the days of GPU mining? There was clearly collusion with Nvidia and AMD, which caused stock prices to rise, as well as Ethereum itself :). Here, the situation is similar, involving major...
Logarithm. Time frame 1 week (no less is needed). One of the lagging cryptocurrencies. The reason is that the crowd was previously imprisoned thanks to PR by bloggers. Little by little, “faith is being killed.” It is worth paying attention to cryptocurrency, but without fanaticism, observing risk management. 🟡 Secondary trend — the price is still in the range...
Logarithm. Time frame 1 week. Main trend. Maximums trend. False targets. KuCoin exchange chart. At the peak of pumping, under the bull market hype price was HKEX:1600 (OKX exchange, where there is also a significant volume of trades). This price should not be considered in TA because it was made (more than 2000$) at listing and with super low liquidity....
Logarithm. Timeframe 3 days Secondary trend. Zone of the horizontal channel. Zone of the horizontal channel (accumulation of almost 1 year). At the moment of publication the price has moved in the parallel horizontal channel of accumulation for 350 days (11.6 months) with the step of 108.4%. This is a good sign. Now the price is in the compression zone (the...
💎Paradisers, focus on #XCHUSDT! We’re expecting a price jump from the bottom of the ascending channel to the upper line. 💎What’s up with $ChiaNetwork? It’s moving within an ascending channel. Right now, it’s more likely to visit the support level the $34.09. The low volume and profit taking by users increases the probability of this scenario. We are confident...
XCH - BUY SETUP (NOV 2023) Based on technical analysis, the current setup of this coin appears to offer a favorable buying opportunity. Key indicators signal promising trends, suggesting a potential advantageous entry point. However, prudent consideration of market volatility and risk management is essential before making any investment decisions in the...
We are already completing a three year cycle, bitcoin has a four year cycle CHIA 3 years, this is the period during which we have seen long term accumulation. This asset can be your long-term investment. Perhaps it will replace bitcoin, it is green, used by the World Bank, Carbon Markets, etc. At the moment, you can see the hype of Chia mining in the world, come...
Hi all. Timeframe 1 week. Chia, after falling by more than 85%, is in the accumulation channel with a step of 50%. Stops were taken out in the capitulation zone, after which the price returned to the channel. Depending on your type of trading, the following are relevant: 1) set in spot now 2) trade in the channel 3) long when the channel breaks out/retests. Marked...
Green downtrend is still in play and I think it will be tested before a bottom forms. The bars pattern tool shows my price action thoughts. Horizontal dashed lines are resistance and support zones.
I did a wave analysis and got these results. I think this is a very possible scenario. If we impulsively pass the 2 and 3 zone - it is possible to grow further, then I would need additional analysis.
Hi guys Hope you well Chart shows you everything's , and also good fundamental coin. good for hold.
After the price drops massively the first year after trading started from the low volume ~1k USD per XCH during feature trading and a peak up above 2k USD the price now is in a range between ~30 USD and ~50 USD. The network space slowly started to grow ~10% since january 2023 and can be considered stable since july 2022. The node count is ~115k (ETH ~7k, BTC...
Chia XCHUSDT Pair This pattern is bearish (Gartley) on daily chart The target for this pattern is 1.272 fibonacci level Happy trade for this pattern
What Is Chia Network (XCH)? Chia Network (XCH) is a layer 1 blockchain that uses its own custom-designed programming language called Chialisp and a novel consensus mechanism called proof-of-space-and-time (PoST). The combination of these two allows the blockchain to use less energy without compromising network security. In contrast to most other blockchains, Chia...
Up or Down? If volume keeps ticking up we could see a big move.
On the weekly chart above: 1) RSI has been heavily oversold for quite some time. 2) Bullish divergence as drawn, RSI forming descending wedge. 3) Price has declined over 90% from ATH. Also the 3D BTC pair below breaks out of resistance quite decisively and prints a bullish engulfing candle (Also BE candle printed on 1W BTC pair. Wow!) Initial targets 41-54...
HUOBI:XCHUSDT Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️Almost 1 year trades in downtrend. ➡️Since June 2021 under 0 lvl by FIB ➡️-0.18 lvl and -0.27 lvl usually works like accumulation zones for long term investments. ➡️...