Strongest support for the internet of blockchainsBlocknet has had its final support between 4k and 6k in 2015, 2016 and 2017. Buy there , if it ever gets there :)
Blocknet has been around for a long time and it just keeps getting better. They plan to make trading possible without having to download entire blockchains. When that happens, its just a matter of time for it to shine. It is the most decentralized exchange and a lot more.
BLOCKBTC trade ideas
Blocknet Did 4800% Followed by 20,510%, How Much Now?We are looking at Blocknet (BLOCKBTC) long-term and trying to figure out how strong the next bullish wave will be...
Looking at past history, we mapped two strong waves.
1) The first one started when a low was hit back early November 2015, this led to a 4800% strong bullish wave.
2) The second one happened after a higher low was hit late January 2017, this led to 217 days of strong bullish action and a total of 20510% of gains... This is how good the small altcoins within the cryptocurrency markets are.
3) Another higher low has been hit in early January 2020... This can lead to many months of strong bullish action and great gains. Right now I am looking shy at 1870%+, but more gains are surely possible.
On the next altcoins market bull run, I believe that Blocknet (BLOCKNET) can do 30X the last ATH... Hard to believe?
... We just wait and see...
In the meantime, this chart is bullish and Blocknet prices will continue to increase.
Namaste.
Blocknet - Solid Smartnodes Altcoin + Analysis (1300%+ PP)Blocknet is one of those altcoins that you can 'mine' through smartnodes. It isn't actually mining, but the topic isn't smartnodes right now so I'll call it that way to keep it simple.
I noticed that the altcoins that offer smartnodes have very different charts compared to other famous alts, which on average all have the same chart basically.
The "Smartnodes tokens/altcoins" tend to preserve their price better than other alts that do not offer such feature.
Smartnodes are a great way to earn passively while you hold cryptocurrency long term. A must have for any long term crypto-trader.
This is good because it helps you accumulate alts while in bear mode to later sell on bull run mode, or support the projects that you trust and believe in.
Let's take a look at the charts for a quick analysis.
Blocknet (BLOCKBTC) Analysis by Alan Masters
BLOCKBTC has been on a very strong retrace and today I am seeing some early (very early) reversal signals.
Let me start by saying that volume needs to come first, for any bullish action/momentum to be sustained.
Second, EMA10 needs to be broken (green line) before any real profits can be generated. So we can trade on the shorter time frames for 10-40% gains, but if you want 100%+ gains, then we need the signals mentioned above (based on my trading strategy of course) plus a big bag of patience .
This altcoin has been massively oversold, you can see this on the RSI. Which also shows bullish divergence, a very strong signal on this time frame.
MACD still needs work, but a bullish crossover can be spotted as well as a curve up.
We can also read the candlesticks. The last read candle is a bullish Doji, which clearly played out as BLOCKBTC went up by 30%+ after this signal showed up.
There is a lot more that can be understood from reading this chart. I am writing this purely for your own learning and entertainment, so if you enjoyed hit LIKE and show your support... Thanks!
Namaste.
$BLOCK Only Have Less Than 5.5 mills On Circulating SupplyThe Blocknet Protocol is a true peer-to-peer protocol between nodes on different blockchains. This enables the transfer of data and value between blockchains and opens the door to multi-chain architectures.The Blocknet community has been developing this technology since 2014.
Their decentralized governance system and open source code ensures that every blockchain is free to interact without centralized entities. Block has their own decentralized exchange project called Block DX. Block DX is a truly decentralized exchange that enables trading freedom for connected blockchain communities. Listing on Block DX is free and does not require our permission or control.
At the current moment block is sitting on the support where it was a "high" in 2016 at this level. So basically all we need is macro trend is changing and blockc prolly back to 0.6 - 1 fibonacci level which actually can gerate a 272% gains from the current level.
The decision is yours.
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If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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BlockNet vs Bitcoin on its way to riseBlockNet found the bottom at btc 0.0015 after which it broke above the 50 Moving Average. BLOCK/BTC could be getting ready to establish an uptrend and double its' value against the Bitcoin.
But currently it facing a resistance at btc 0.00234, that has been rejected multiple times. Daily close above that level should confirm price bullish intentions and should result in a wave up. There are several resistance levels to watch. First strong and potentially key resistance is based at 38.2% Fibs, that is btc 0.00353. Break above that level could send the price up to the target area at 61.8% Fibs, that is btc 0.005.
While the btc 0.0023 resistance is holding a consolidation could take place and even result in a decline towards btc 0.00155 support.
BlockNet VS Bitcoin ScenariosBlockNet seem to enter the consolidation phase where price is stuck between support and resistance levels. The resistance is based at 50% Fibonacci retracement, that is btc 0.0043 area, rejected several times. The support is based at 161.8% Fibs, that is btc 0.0012 area, rejected back in December 2017.
The most recent resistance at btc 0.0024 has been rejected multiple times, which prevents BLOCK/BTC to go upwards. While that resistance is being rejected the downside risk remains high. Price could decline towards btc 0.00187 or 0.0012.
Overall, the trend remains unclear and only break above btc 0.0024 or below 0.0012 could help to establish further direction.
Blocknet (BLOCK/BTC) staring an E wave After the big run up the price of Blocknet has been correcting in an ABCDE manner inside a triangle. We can currently see the interaction with the triangle's resistance and I am expecting the price to be repealed back inside to the triangle's support line, which would be the final E wave.
Blocknet (BLOCK) Short Term Retrace SignalsBlocknet (BLOCK), one of the coins that we started to trade back in early April, is gaining strength and moving up. But as we know, each time a top/peak is reached, there is a retrace in price, followed by consolidation before a coin continue its climb up.
BLOCK has been doing good the past few days, but the time for the retrace has come.
Here are a few signals that can tell you of a coming retrace:
- TD Sequential indicator.
- Large sticks on top of the candles.
- Upper range of the bollinger bands.
- Several resistance levels broken.
- MACD starting to curve, already curving in shorter time frames, which can confirm these signals.
These signals are "short" term, they will change in a few hours and new signals will develop.
But these signals above can tell you of a coming retrace.
I hope that this information was helpful.
I wish to receive your likes, shares and follows.
I appreciate your time, once more today.
Thanks a lot for reading...
You are SPECIAL!
REMEMBER THAT ALWAYS YOU DESERVE THE BEST!
Namaste.
Blocknet [Parallel Channel Long]Learn All you need about Blocknet from these links
sites.google.com
docs.google.com
www.blocknet.co
BLOCKNET PROTOCOL:
The Blocknet Protocol is a true peer-to-peer protocol between nodes on different blockchains.
This enables the transfer of data and value between blockchains and opens the door to cross-chain dapps.
The Blocknet community has been developing this technology since 2014.
Our decentralized governance system and open source code ensures that every blockchain is free to interact without centralized entities.
BLOCKDEX:
the first dapp built on the Blocknet Protocol. Block DX is a truly decentralized exchange that enables trading freedom for connected blockchain communities.
Listing on Block DX is free and does not require our permission or control.
Market Cap
$77,933,365 USD
8,972 BTC
Volume (24h)
$215,211 USD
24.78 BTC
Circulating Supply
5,141,673 BLOCK
Blocknet (BLOCK) Before The Action (257% Profits Potential)I am looking into Blocknet (BLOCK) charts now and it is very close to the bottom, some good signals that are yet to fully develop, with an announcement coming in a few days as well. So we have signals on both sides, technical and fundamental and we have the opportunity to join Before The Action starts... Let's take a quick look...
Blocknet (BLOCKBTC) Trade by Alan Masters
FUNDAMENTALS (THE NEWS)
- Blocknet (BLOCK) - Partnership Announcement (30 April).
- Blocknet (BLOCK) - Wallet Redesign Launch (Obvious hype on 15-June).
- Blocknet (BLOCK) - SPV Support (1-June).
CHARTS, SIGNALS & INDICATORS
- There is strong positive divergence on the MACD.
- The RSI is turning bullish, yet allows for plenty of room for growth.
- The chart shows that this coin is really strong, it was trending high throughout the whole bear market and felt recently with much accumulation going on.
- The STOCH is also starting to wake up.
- The weekly chart supports a push that can happen relatively soon (within a few weeks). I love how this chart looks.
- These signals still need more time to develop, so we will use a tight stop loss just in case. The announcement on the 30th April might give this coin the push it needs to start its next bull run, in the meantime, we have a great potential here.
TRADE INSTRUCTIONS
Buy-in: 0.0020 - 0.0023
Blocknet (BLOCK) Targets:
(1) 0.00253
(2) 0.00302
(3) 0.00379
(4) 0.00435
(5) 0.00505
(6) 0.00583
LONG
(1) 0.00684
(2) 0.00750 (All Time High)
(3) 0.00880
(4) 0.00969
Note: Targets are for reference only. Not all targets are meant to be reached. You can sell as much as you want on each target. Feel free to visit the "Selling The Targets" article for additional information.
Another note: A target is considered "reached" if we come as close as 5% to the actual target price. Meaning, these numbers are not meant to be exact but instead a reference point as to where we might face resistance on the way up.
Stop loss: 0.00175
QUICK SUGGESTIONS
- When trading cryptocurrencies, always make sure to diversify, which means splitting your money into different trades / coins.
- Make sure to secure profits as the price of the coins you bought starts to go up. You can sell small portions of your holdings as the price increases. For example, you can sell 5% on the first target. 10% on the second target. 40% on the fifth target, etc. It is completely up to you, but it is a good idea to always secure some profits.
- Read carefully all the trade instructions before jumping into a trade. Take your time, breath... There will always be many opportunities available for you. So if you miss a trade, remain calmed and relax as another one will come.
- Be grateful for everything that live has given you...
- Namaste.