Is Artificial Intelligence the next BUBBLE? Singularity 10X!Technical Analysis:
The sideways movement and the Accumulation/Distribution shows it is clearly in an accumulation zone where interest and volume is rising. We can see that there are no strong divergences with the potential upside on the candles and the volume- therefore, it gives us a signal that this is a high volume/institutional BUY AREA.
It is approaching a strong resistance, thus it can flip to the downside which would present a good buying opportunity or if it breakouts we can treat this as a breakout-trade.
Fundamental Analysis:
Institutional interest in Artificial Intelligence is rising with Singularity perhaps being one of the strongest projects in the space as they have developed several Artificial Intelligence projects such as their trading algorithms, therefore when the AI Boom does come around which is soon, Singularity will be part of the wave.
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See you soon, trade safe
-Megalodon Sharks
Crpto
ETH USD MBA Trading Academy TA Fridays 09/04/2020Pushing on the overall daily downtrend resistance line, if we break 4Hr resistance and daily downtrend see it going back to 190-200 supply zone .
If we fail to break this resistance area I'm thinking a pullback to the 150-140 zone.
Would be waiting for confirmation either way.
Thinking a move could take place tomorrow or the next and take a few days to play out.
Big picture for BitcoinHello friends,
Before I get started - please leave a comment or a like to support more posting. :)
I hope this finds you well.
Although I'm bearish at the moment on bitcoin.
The overall trend is UP.
I believe as we work through the lower lows with the S&P 500. (which bitcoin runs with)
We will work through the lower lows for Bitcoin as well in the up coming months.
In coming months we will eventually get to higher highs as things get back to normal.
Do YOU smell the blood in the streets?
Happy trading friends.
thanks,
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Disclaimer - This is not a financial advice - Pure chart speculation.
BTC - Full Analysis - They don't want you to see this!Hello traders,
I see a lot of ideas on trading view that are meaningless,
even the so called popular traders on here doing the same thing. you may ask what are they doing?
They are simply throwing lines left right center and drawing trend lines, support and resistance, triangles that only make sense to themselves. pushing the herd to the wrong way. yes the herd usually goes the wrong way that's what we all know. and that keeps on happening in every aspect of life.
Take this so called traders advises only if they match up with your owns so that if things don't go in your favor you don't get depressed over listening only to someone elses illusions instead of your own logic.
let's get to the chart
Monthly:
Weekly:
Daily:
H4:
Elliot Waves:
I explained what I see on the chart and on the screenshots. there is more to this in terms of psychology and market cycles and behavior which I will keep it to myself.
Only take my idea if it matches up with what you had in mind as well.
Please share and educate other people
BTCUSD: Quick short opp at USD 9050 following latest spikeA pretty simple short trade has come up in my opinion, this breakout from the marked blue consolidation zone has got us above 75 RSI points on the 15m and 1h chart, and as you can see we are far extended above the 15m Kumo Cloud (which consistently acts as a price action magnet)
Looking for at least a 1% drop down from USD 9050
Prediction for first half of AUGUSTBTC 29/7
Strong support at 9000
strong resistance at 10000
WATCH out for tonight's news about USDT
LONG when its low
EOS has a long term trend of UPWARDS
30-40% long
HOLD more till end of August
Please like our idea by pressing like.
Feel free to comment below and we can strike a meaningful conversation.
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t.me
BTC/USDBTC/USD
After the sharp run-up of the past few days, Bitcoin (BTC) is taking a big decline from $8,400. It was facing close to the overhead resistance of $8,496.53. The digital currency took a correction from these levels down to the $7750.00 area.
Our main support on the downside is at $7,413.46 and if this level breaks, the slide can extend toward the $7,100.00 area. I expect one of these supports to stall the pullback. On the other hand if BTC/USD Reverses this slide. Ill be watching the $8400.00 area again,I still beleive that the BTC/USD pair is in bullish control . However, the currency can continue its slide and possibly slide to $6,000.00 area which suggests that the bears are in control in the short term.
Traders can keep the stop loss on the remaining long positions at $7,100. Ill will watch for the next two days and if the bulls fail to push the price above $8,400.00, If successful the coin breaks out of $8,400.00, it can move up to $10,000.
Do not take this seriously. RESEARCH IT FIRST.
Peace!!
Comment down what you think!! Smash the like if you like my ideas;)!!
EDIT: BTC dropped below support!!
The fall of Lumens XLMStellar advertises itself as an open-sourced, distributed payments infrastructure, built on the premise that the international community needs “a worldwide financial network open to anyone.” The project is filling this need, connecting individuals, institutions, and payment systems through its platform.
~ 47% ProfitHi Dears,
Wait until the purchase reaches
Buy the BTG at around 10.8
But remember that nothing in this world is 100%
Good Luck
LTC correction is not over yet, but we gettting a small PUMPLitecoin like all the other cryptocurrencies has been hit hard in the last couple of days, we have created new lows for the year and it seems the pain is not over yet.
From the looks of it, LTC is in a big wave down to the $20's, maybe even the teens. If my TA is accurate, we should see a pump up to about 50% - 61.8% of the minor ABC wave that started around the beginning of September. Which is the X of the Intermediate WXY wave. This should put LTC at around $55 - $60's. At this time we will start a corrective wave C which should bring us down to the end of the WXY wave and the $20 levels. At the moment LTC hits the $20 level, we can say that the major 5 wave correction that started back on December 18th would be completed and a very big ABC corrective wave up will start. Usually the retracement of an entire 5 wave is 61.8%, so the ABC wave should bring LTC back up to the $236 or so, but this will take months before it happens.
Good luck with your investment and your trades.
Bitcoin BUY opportunity Its the first time Im analyzing and publishing Bitcoin.
we may have reached a pivotal BUY point in Crpto . Bitcoins movements sift the whole market so ave a look at the chart.
Triple Bottom, with a Higher low developing. All this on a oft tested level of 6000.
Still has to break the Bear structure and may have a retest here or lower, but none the less this would signal a huge sentiment for Bitcoin Buyers
BTC USD - Long - Bottom SIgnals Are InDespite recent bearish sentiment I've found that there are more than enough reasons to have hope that we've found the bottom and you may wish to buy back some btc or open some low leverage longs.
First, horizontal support here has been excellent - we've seen it tested a few times which can signal that it may break soon, but the recent 3D candle close (although not perfect) was close to a bull hammer reversal candle. It was red, and it wasn't perfect, but hammer-ish non the less. I'd like to add the three support (green) lines/zones reflected in the chart are taken from the 3D so they're most meaningful.
Second, our oscillators tell a good story. The MACD is showing some bullish divergence as we're seeing a slightly higher low here as price is actually making a slightly lower low than our previous dump to this range. Additionally, the daily RSI has bounced here (see circles on RSI) several times - history likes to repeat itself.
Finally, if we do continue up here I've provided the light pink lines as potential resistance/reversal areas to watch and consider opening shorts if we show signs of weakness here- these all align well with fib levels. For now my target is $7500.
For more frequent trade signals and calls you can follow me on twitter @lastapricot