BITCOIN - WATCH $60K CLOSELY!Bitcoin has finally broken out of it's ascending parallel channel but before we short this to hell, we need to see how price reacts around the $60k level.
Ultimately, if price breaks the $50K level, we could see it fall a lot lower.
See chart updates for lower timeframe analysis.
Altcoinsignals
XRP is having a good chance to be longed 30/01/2021i believe Ripple is giving us an other chance to get along it
it seems that the market has done its accumulation Phase and currently getting itself ready for the next upraise
we have used Price action analysis in order to specify the Supply and Demand zones and Fibonacci Projection to project the next Target areas
we have specified the growth and forecasted it on the chart by Fibonacci time zone tool
please comment your opinions
$LUNA - trade ideaSeen a healthy 34% correction on this dollar pair
A retake of the lows would be decent enty position with stops beneath the double bottom formation
Could add on a trendline break and on the kneckline retest of the double bottom
Targets are the range levels and 2.0 extension where if the run was very healthy could leave 10-20% for price discovery targets
Alerts have been set, see if it gives us what we want!
Terra seeks to achieve its vision through two prongs: stability and mass adoption. For the latter, the platform has brought together a group of companies into a consortium known as the Terra Alliance, whose goal is to promote the use of 'Terra’s payment network in the eCommerce market. The Alliance boasts several well-known players such as TMON, Qoo10, Carousell and Pomelo. In 2019, the Alliance had an estimated $25 billion in gross merchandise value (GMV) and 45 million users.' - GoinGecko - fundamentals speak for themselves
FILUSD hit 2 targets in less than a week!As you can see FILUSD has achieved 2 targets till now as mentioned before with 86.34% profit. On 4hr chart, I can see the price undergoes #consolidation for #correction from level 2 while it represents 0.618 Fib. the correction will continue for more #accumulation till break out and confirming above #trendline to achieve the last target. I will update once the #price breaks out!.
Good luck #filecoin traders..!
BAT is good to go Long 01/02/2021as we can see BAT had broken trough the its monthly resistance zone and had rechecked it back and now it can be counted as it current support
we have some good chance of longing it up to the Parallel leg level of Fibonacci Projection and on its MACD we could spot some Mild Hidden Divergence
please comment your opinions
Basic Attention Token(BAT) is good to buy now 15/02/2021we can see the Token has done its retracement and seems to be good to buy
we have measured the retracement by Fibonacci retracement and it has already touched the golden zone,
we can go long on it and keep the stop loss below the 0.4 USD
and target the above 0.9 USD
$NANO - turn my nano bags into giga bags plsTechnicals:
$NANO - we have it in the lows of its present range with two patterns, both of which could be bullish
Looking for a break and retest of the pennant to add, also the pink line
Then it targets mid range and the white downward trendline, which a brake off will really give some good momentum
No bearish or bullish divergences that I could see, but the 1D RSI just sat completely flat on 49-50, and the candles being bought cleanly bottom of range, surely time to go!
Fundamentals:
What Is Nano (NANO)? Billed as "digital money for the modern world," Nano is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, without fees, and addresses some of the major limitations of both legacy financial infrastructure, and many modern cryptocurrencies.
ORV (open representative voiting) makes Nano extremely energy efficient, positioning it as a more environmentally friendly alternative to proof-of-work (POW)-based cryptocurrencies. (coinmarketcap)
VeChain is Retracing 15/02/2021VET was ascending in a channel before its shoot-up and now it seems to be retracing back for a while,
we can be optimistic about its rally if the specified Green Support Area stands,
Green Support Area has confluences with Fibonacci Golden Zone and top boundary of the same Ascending channel.
The retracement also can be channeled for better understanding and our Longing preparation.
I think it is a wise decision to wait and watch the price to fall and touch the 0.04366 area few time and then opening the Buy position.
we can target the 0.07750 as the support stand and the rally restarted.
please post your analysis in the comment section...
Venus (XVS) DeFi Play on Binance Smart Chain (BSC)Hi Folks,
after a longer period of focusing on my trading I am back with some ideas (see also the similar post on CAKE - PancakeSwap linked below).
Not sure you are familiar with the Binance Smart Chain (BSC). Basically it is like the Ethereum network, but with appropriately low transaction fees.
Venus is a Binance Smart Chain-based DEX (decentralized exchange). I wasn't really aware of it until the recent Binance Coin (BNB) and XVS price surges. .
I have produced these four views on Venus for you to use / copy if you'd like.
Top left is the USD chart. XVS has lost 30% of its value and if you believe in it being currently the better (way less expensive) exchange solution compared to UNI, MAKER, SUSHI & COMP then this just may be a good time to start or extend your position.
Bottom left is the EUR chart.
Top right is the Venus vs. Uniswap (UNI) ratio. This ratio shows that Venus has been losing value against UNI, but it appears a support level may be forming for it to attack UNI again. At the time of writing this a level that seemed to be stable was crossed. To be watched.
Bottom right the same style ratio with SushiSwap (SUSHI), same view as on UNI. Looks like a support level is forming.
Venus is number 5 in the dappradar rankings in terms of total balance and has had a steady but bumpy growth in terms of volume, users and transactions over the last 30 days.
With Bitcoin likely taking a breather today and tomorrow below $60k and only maybe sneaking up to $60k next week there seems to be a likelihood that the overall market will be drawn down as well.
It may also be the time for altcoins to shine and may give Venus (XVS) an opportunity to catch up with UNI and have a fantastic gain.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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$XRP - UK say it isn't a security!!! Get inUK Treasury has came out and said that XRP is not a security and it came under another brand of asset, 'unregulated tokens'
"In December 2020, the U.S. regulator filed a lawsuit against Ripple, which alleges that its ongoing XRP token sales constitute an unregistered securities offering worth $1.38 billion."
"Meanwhile, Ripple CEO Brad Garlinghouse insists that XRP is not a security even by U.S. standards." - (CryptoBriefing)
So XRP is unlikely to be called a security now but the continued scam selling completed by the CEOs is probably now the issue as this isn't allowed with stocks/securities, but this is a crypto not a stock or a security so it's still up in the air
However chart looks pretty good to me
This downside move looks very forced, with SL hunts taking place below 2019 High
If this is a short lived move it will be classed as a deviation from the top range which is above the 2019 high
If so a breakout play from a descending triangle looks likely with a push back to 0.62 on the cards
However we need BTC strength/ranging for this which is skeptical. It seems people are rotating into BTC out of alts, BTC dominance up, but BTC price isn't rising with it which got me a bit spooked
XRP plays from the SL hunt levels could be very nice if we get BTC strength!
$1inch - let's make it 8inchPretty tasty set-up, broke the range and broke the descending trend line
Hopefully with this BTC breakout we get some strength here where we can aim to break the fib levels even up to the 2.0
Fundamentally very strong coin, even boasting their own exchange now and brilliant APY opportunities
Lets go...
XRP/USDT BULLISH ASCENDING TRIANGLE Hey hey my friends!
Xrp is looking like its curling up nicely in this very bullish pattern!
No position is open on this yet but we will be buying the breakout of this pattern, with a bullish macd cross incoming!
Copy this chart and set your alerts!
The XRP moon-boys will be correct one day ;)
Enjoy the ride