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ETHEREUM Major Bullish Cross ahead, first time since Aug 2020!Ethereum (ETHUSD) is only 2-3 weeks away from completing a Bullish Cross on the 1W time-frame between the 1W MA50 (blue trend-line) and the 1W MA100 (green trend-line). Last time we saw this formation emerge was on the week of August 17 2020. With ETH trading inside a Cup pattern similar to the consolidation of mid 2019 - mid 2020, we are either on a level similar to July 13 2020 (based on the 1W MA50/ MA100 Bullish Cross) or a level (post a 1W MACD Bullish Cross and near a (red circle) RSI Channel Up top), like January 27 2020. Regardless of that, the current Cycle shows some more aggressive bias than the previous at this stage of the trend as the price is on the 0.5 Fibonacci level, while on those past occasions it was on the 0.382. Either case, the immediate target is the 0.618 Fib at 2500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHUSD
by TradingShot
6
HAPPY THANKSGIVING! Let's see Bitcoin's price on this date!Let me begin by wishing everyone in the TradingView community a Happy Thanksgiving! A day of joy, gathering and happy family moments! Aren't you curious to see where the price of Bitcoin (BTCUSD) was trading on this day in the previous years? If so, have a look: 2010: $0.28 2011: $2.49 2012: $12.51 2013: $813 2014: $376 2015: $328 2016: $739 2017: $8,771 2018: $4,015 2019: $7,150 2020: $18,764 2021: $58,927 2022: $16,353 2023: $37,000 So the obvious question is this. Do you see the pattern?? Since 2009 there have been 10 Thanksgiving dates where the price of BTC was higher than the previous year and only 4 where it was lower. Only once we've seen two straight red Thanksgivings and at least two green Thanksgiving dates follow. This year we have a green one, more than double the price of 2022 and in fact this is the first time BTC doubled coming from a red Thanksgiving since 2016. An interesting pattern that arises on this chart is that when measuring the line that connects the Thanksgiving closer to the Cycle Top back to years, we can see that its angle is lower (naturally) by a certain rate. From 2015 to 2017 it measured the previous angle x 0.64. From 2019 to 2021 it was the previous angle x 0.68. From 2022 to 2024 based on this progressive pattern, is should be the previous angle x 0.72 (0.68 + 0.04). That gives us a rough value just under $80000 for the next Thanksgiving (November 28 2024). It is very possible that the Cycle top will be priced higher a few weeks after on an aggressive spike above $100k, as BTC often does (only the June 2011 Cycle Top was way off, being in the middle of two Thanksgivings). But what do you think about this model and its projection? Are you expecting a BTC price around 80k on the next Thanksgiving and if not, what is your estimate? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
32
Binance to pay $4.3 billion in finesSince the start of the week, the big talk in the cryptocurrency market has been about Binance and its CEO, Changpeng Zhao. On Tuesday, the U.S. Securities Exchange Commission announced that the CEO of the largest crypto exchange in the world pleaded guilty to a federal charge involving money laundering. Simultaneously, Binance admitted that it had not implemented proper measures to prevent illicit activities on its platform. As a result, Changpeng Zhao stepped down from the role of CEO, and the exchange was fined $4.3 billion (meanwhile, Changpeng Zhao was fined $50 million). This is certainly not the best news for the exchange, which is still being investigated by the SEC in another separate case and by a regulator in France (for money laundering). Furthermore, when going back to about a year ago, when SquawkBox anchor Rebecca Quick asked Changpeng Zhao whether Binance could withstand a $2 billion fine, Changpeng Zhao’s response, “We are financially strong,” did not sound very reassuring. Now, with the fine being double the number mentioned in the interview (and more fines likely in the coming months), Binance or Binance.US is starting to look like an increasingly dangerous place to hold digital assets. On top of the multiple questionable developments we mentioned in the past month or so, Binance’s settlement is yet another concerning occurrence in the crypto market. Therefore, we find no reason to chase the market, and instead, we prefer to stay on the sidelines until the forecasting clarity improves (or until an attractive setup emerges). Illustration 1.01 Illustration 1.01 shows the 90-minute chart of BTCUSD, which can be seen trading within the upward-sloping channel. A breakout below the lower bound will be bearish while a breakout above the upper bound will be bullish. Technical analysis gauge Daily time frame = Slightly bearish Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
7
UNIUSD Channel Down broke upwards but faces the 1D MA100.Uniswap (UNIUSD) broke above its 16-month Channel down, being the highest above the 1W MA50 (blue trend-line) since November 2021. This legitimate bullish reversal rally now faces the most important (and final) Resistance of the Bear Cycle, the 1W MA10 (green trend-line). With the 1W RSI on a huge Bullish Divergence (as it trades within a Channel Up against the Channel Down of the price), if we close a 1W candle above the 1W MA100, we will buy and target 7.9000 (0.786 Fibonacci level) and 9.8000 (1.0 Fib) in succession. Until this 1W MA100 break-out takes place, we are bearish, targeting 4.4000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:UNIUSD
by TradingShot
KSM/USDT - Kusama: TrendLine Touch◳◱ On the $KSM/ CRYPTOCAP:USDT chart, the Trendline Touch pattern suggests an upcoming trend shift. Traders might observe resistance around 28.15 | 31.03 | 36.52 and support near 22.66 | 20.05 | 14.56. Entering trades at 23.13 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Kusama ▣ Rank: 184 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Kusama is an early, experimental version of Polkadot that exists as an independent network. It intends to act as a sandbox for developers, allowing teams to deploy and test pre-release versions of their projects before launching them on Polkadot's mainnet. Kusama will also serve as a testbed for Parity Technologies leading up to the mainnet launch of Polkadot. Like its sister chain, Kusama uses a native token, KSM, to power computation and give holders the ability to participate in securing the network and voting on upgrade proposals. ◰◲ Technical Metrics : ▣ Mrkt Price: 23.13 ₮ ▣ 24HVol: 3,086,263.265 ₮ ▣ 24H Chng: -4.619% ▣ 7-Days Chng: -11.78% ▣ 1-Month Chng: 21.95% ▣ 3-Months Chng: 20.35% ◲◰ Pivot Points - Levels : ◥ Resistance: 28.15 | 31.03 | 36.52 ◢ Support: 22.66 | 20.05 | 14.56 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: 3.38 ▣ Last 90D: 1.28 ▣ Last 1-Y: 0.25 ▣ Last 3-Y: 0.44 ◲◰ Volatility : ▣ Last 30D: 0.97 ▣ Last 90D: 0.67 ▣ Last 1-Y: 0.72 ▣ Last 3-Y: 1.18 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.64 - Bullish ▣ Reddit sentiment score is 0.71 - Bullish ▣ In-depth KSMUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
ATOM/USDT - Cosmos: TrendLine Touch◳◱ On the $ATOM/ CRYPTOCAP:USDT chart, the Trendline Touch pattern suggests an upcoming trend shift. Traders might observe resistance around 10.423 | 11.48 | 13.439 and support near 8.464 | 7.562 | 5.603. Entering trades at 8.658 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Cosmos ▣ Rank: 27 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Cosmos is a network of sovereign blockchains that communicate via IBC, an interoperability protocol modeled after TCP/IP, for secure data and value transfer. The Cosmos Hub, also known as "Gaia," is a proof of stake chain with a native token, ATOM, that serves as a hub for IBC packet routing among blockchains within the Cosmos network. The Cosmos Hub, like the majority of blockchains in the Cosmos network, is secured by the Byzantine Fault-Tolerant (BFT) Proof-of-Stake consensus algorithm, Tendermint. ◰◲ Technical Metrics : ▣ Mrkt Price: 8.658 ₮ ▣ 24HVol: 36,146,575.492 ₮ ▣ 24H Chng: -2.489% ▣ 7-Days Chng: -10.47% ▣ 1-Month Chng: 22.97% ▣ 3-Months Chng: 20.01% ◲◰ Pivot Points - Levels : ◥ Resistance: 10.423 | 11.48 | 13.439 ◢ Support: 8.464 | 7.562 | 5.603 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: 5.02 ▣ Last 90D: 1.23 ▣ Last 1-Y: 0.01 ▣ Last 3-Y: 0.72 ◲◰ Volatility : ▣ Last 30D: 0.63 ▣ Last 90D: 0.52 ▣ Last 1-Y: 0.58 ▣ Last 3-Y: 1.20 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.61 - Bullish ▣ Reddit sentiment score is 0.69 - Bullish ▣ In-depth ATOMUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
PHA/USDT - Phala Network: TrendLine Touch◳◱ On the $PHA/ CRYPTOCAP:USDT chart, the Trendline Touch pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.1094 | 0.1151 | 0.1277 and support near 0.0968 | 0.0899 | 0.0773. Entering trades at 0.1098 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Phala Network ▣ Rank: 358 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc ▣ Category/Sector: N/A ▣ Overview: Phala Network project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.1098 ₮ ▣ 24HVol: 7,690,549.656 ₮ ▣ 24H Chng: 1.761% ▣ 7-Days Chng: 2.70% ▣ 1-Month Chng: 11.65% ▣ 3-Months Chng: 31.91% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.1094 | 0.1151 | 0.1277 ◢ Support: 0.0968 | 0.0899 | 0.0773 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 2.31 ▣ Last 90D: 1.60 ▣ Last 1-Y: -0.22 ▣ Last 3-Y: 0.75 ◲◰ Volatility : ▣ Last 30D: 0.59 ▣ Last 90D: 0.59 ▣ Last 1-Y: 0.82 ▣ Last 3-Y: 1.76 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.60 - Bullish ▣ Reddit sentiment score is 0.47 - Bearish ▣ In-depth PHAUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
RVN/BTC - Ravencoin: Elliott Wave 12345◳◱ On the $RVN/ CRYPTOCAP:BTC chart, the Elliott Wave 12345 pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.00000053 | 0.00000057 | 0.00000065 and support near 0.00000045 | 0.00000041 | 0.00000033. Entering trades at 0.00000045 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Ravencoin ▣ Rank: 176 ▣ Exchanges: Binance, Huobipro, Bittrex, Hitbtc ▣ Category/Sector: Payments - Currencies ▣ Overview: Ravencoin is a fork of Bitcoin that focuses on the ability to issue new assets. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000045 ₿ ▣ 24HVol: 7.076 ₿ ▣ 24H Chng: -2.174% ▣ 7-Days Chng: -10.96% ▣ 1-Month Chng: 9.04% ▣ 3-Months Chng: 10.68% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000053 | 0.00000057 | 0.00000065 ◢ Support: 0.00000045 | 0.00000041 | 0.00000033 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: 2.89 ▣ Last 90D: 1.01 ▣ Last 1-Y: 0.01 ▣ Last 3-Y: 0.70 ◲◰ Volatility : ▣ Last 30D: 0.87 ▣ Last 90D: 0.60 ▣ Last 1-Y: 0.69 ▣ Last 3-Y: 1.34 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.66 - Bullish ▣ Reddit sentiment score is 0.18 - V. Bearish ▣ In-depth RVNBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
VET/USDT - VeChain: TrendLine Touch◳◱ On the $VET/ CRYPTOCAP:USDT chart, the Trendline Touch pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.02289 | 0.02433 | 0.02733 and support near 0.01989 | 0.01833 | 0.01533. Entering trades at 0.02019 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: VeChain ▣ Rank: 43 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: VeChain is a smart contract platform focused on providing supply chain management solutions for enterprises and integrating with Internet of Things (IoT) devices to facilitate the process. Its goal is to leverage distributed ledger technology to streamline these operations and information flow for complicated supply chains. VeChain Token (VET) and VeChainThor Energy (VTHO) are the two tokens on the Vechain network. The former is used to relay value across VeChain's network, while the latter is utilized to power smart contract transactions as energy or "gas." The VeChain platform claims to give authorized stakeholders with a total view of critical information related to a product and its business processes (i.e storage, transit, supply and authenticity) as well as increase market transparency. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.02019 ₮ ▣ 24HVol: 13,662,933.138 ₮ ▣ 24H Chng: -4.674% ▣ 7-Days Chng: -7.77% ▣ 1-Month Chng: 8.65% ▣ 3-Months Chng: 27.17% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.02289 | 0.02433 | 0.02733 ◢ Support: 0.01989 | 0.01833 | 0.01533 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: 3.44 ▣ Last 90D: 1.90 ▣ Last 1-Y: 0.38 ▣ Last 3-Y: 0.70 ◲◰ Volatility : ▣ Last 30D: 0.59 ▣ Last 90D: 0.51 ▣ Last 1-Y: 0.63 ▣ Last 3-Y: 1.15 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.62 - Bullish ▣ Reddit sentiment score is 0.60 - Bullish ▣ In-depth VETUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
BITCOIN ETF what?? This is a cyclical USD-fueled rally!Bitcoin (BTCUSD) is seeing in the past 30 days the first legitimate medium-term rally since March - April. The ETF acceptance anticipation has been cited as one of the reasons but after the SEC's latest delay, we see that it hasn't affected BTC's price as much and the reason is something else. Perhaps the strongest technical reason why Bitcoin has been rallying, is the sharp decline of the U.S. Dollar Index (DXY). Displayed by the green trend-line, we can see that its October 09 peak coincided with Bitcoin's rally. DXY tends to peak first and after it starts to decline, Bitcoin (also a general observation for commodities too, not limited to digital assets) catches as a few days later. As you can see on this chart (1W time-frame), it is a cyclical behavioral pattern where an initial decline on the DXY (red Flag) fuels BTC's last pre-Halving rally. When this DXY pattern (blue Arc) ends, it makes a Higher High peak outside the pattern and gets hammered aggressively (red hammer). This starts BTC parabalic rally, what we call at Tradingshot "Post Halving expansion". We are expecting that the following summer. Do you think however that a SEC ETF approval earlier in 2024 will dramatically increase the chances of such a rally happening earlier or it's more tied to the DXY? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
BCH/BTC - Bitcoin Cash: Elliott Wave 12345◳◱ On the $BCH/ CRYPTOCAP:BTC chart, the Elliott Wave 12345 pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00647 | 0.00678 | 0.00728 and support near 0.00597 | 0.00578 | 0.00528. Entering trades at 0.00604 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Bitcoin Cash ▣ Rank: 21 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex ▣ Category/Sector: Payments - Currencies ▣ Overview: Bitcoin Cash is a Bitcoin hard fork advocating for and building towards a literal interpretation of Bitcoin as a "peer-to-peer electronic cash system". It views cheap peer to peer transactions as the core value proposition of the network and is dedicated to increasing block sizes and on-chain transaction throughput in pursuit of this goal. Bitcoin Cash believes that starting as a medium of exchange is the superior route to becoming money in opposition to Bitcoin's strategy of first optimizing for securely storing value. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00604 ₿ ▣ 24HVol: 45.006 ₿ ▣ 24H Chng: -2.423% ▣ 7-Days Chng: -7.33% ▣ 1-Month Chng: -15.82% ▣ 3-Months Chng: 13.61% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00647 | 0.00678 | 0.00728 ◢ Support: 0.00597 | 0.00578 | 0.00528 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: -2.16 ▣ Last 90D: 1.46 ▣ Last 1-Y: 1.26 ▣ Last 3-Y: 0.45 ◲◰ Volatility : ▣ Last 30D: 0.42 ▣ Last 90D: 0.63 ▣ Last 1-Y: 0.78 ▣ Last 3-Y: 1.05 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.56 - Bullish ▣ Reddit sentiment score is 0.90 - V. Bullish ▣ In-depth BCHBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
ONG/BTC - Ontology Gas: Failure Swing◳◱ On the $ONG/ CRYPTOCAP:BTC chart, the Failure Swing pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00001061 | 0.00001172 | 0.00001353 and support near 0.0000088 | 0.0000081 | 0.00000629. Entering trades at 0.00000888 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Ontology Gas ▣ Rank: 260 ▣ Exchanges: Binance, Bittrex, Hitbtc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Ontology is a high-performance public blockchain that provides a platform for smart contract creation and decentralized application deployment. Whereas other smart contract platforms like Ethereum use a single asset to both help secure the network and pay for transactions, Ontology features a two token model. ONT allows owners to contribute to Ontology's Proof-of-Stake (PoS) security system and participate in the network's on-chain governance protocol. ONG, on the other hand, is used to pay any transaction fees, such as when a user transfers ONT to another address, deploys a contract, or interacts with an application. Ontology users can earn ONG by staking ONT (locking up the token) on the network. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000888 ₿ ▣ 24HVol: 6.877 ₿ ▣ 24H Chng: -5.33% ▣ 7-Days Chng: N/A ▣ 1-Month Chng: N/A ▣ 3-Months Chng: N/A ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00001061 | 0.00001172 | 0.00001353 ◢ Support: 0.0000088 | 0.0000081 | 0.00000629 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: 5.93 ▣ Last 90D: 2.25 ▣ Last 1-Y: 1.08 ▣ Last 3-Y: 0.71 ◲◰ Volatility : ▣ Last 30D: 1.08 ▣ Last 90D: 0.76 ▣ Last 1-Y: 0.77 ▣ Last 3-Y: 2.67 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.80 - V. Bullish ▣ Reddit sentiment score is 0.84 - V. Bullish ▣ In-depth ONGBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
PROM/BTC - Prometeus: Elliott Wave 12345◳◱ On the $PROM/ CRYPTOCAP:BTC chart, the Elliott Wave 12345 pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.000124 | 0.0001297 | 0.0001402 and support near 0.0001135 | 0.0001087 | 0.0000982. Entering trades at 0.0001165 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Prometeus ▣ Rank: 336 ▣ Exchanges: Binance, Kucoin, Bittrex ▣ Category/Sector: N/A ▣ Overview: Prometeus project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.0001165 ₿ ▣ 24HVol: 0.757 ₿ ▣ 24H Chng: -1.688% ▣ 7-Days Chng: -5.08% ▣ 1-Month Chng: -1.28% ▣ 3-Months Chng: 6.43% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.000124 | 0.0001297 | 0.0001402 ◢ Support: 0.0001135 | 0.0001087 | 0.0000982 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: 1.50 ▣ Last 90D: 0.60 ▣ Last 1-Y: 0.28 ▣ Last 3-Y: 0.67 ◲◰ Volatility : ▣ Last 30D: 0.33 ▣ Last 90D: 0.86 ▣ Last 1-Y: 0.86 ▣ Last 3-Y: 3.37 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.76 - V. Bullish ▣ Reddit sentiment score is 0.58 - Bullish ▣ In-depth PROMBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
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by Crypto2AF
Bitcoin is stuck between $35,000 and $38,000For the past week, Bitcoin remained choppy between $35,000 and $38,000. During this period, there was no significant change in the number of Bitcoin addresses with balances exceeding 1,000 BTC; however, the number of Bitcoin addresses with balances exceeding 100 BTC rose a bit (in fact, it has been trending up slightly since 11th November 2023). In addition to that, technicals like RSI, Stochastic, and MACD continue to develop bearish structures on the daily time frame, with ADX reflecting a decreasing bullish momentum. Overall, our short-term view is mixed. Therefore, until the forecasting clarity improves, we will continue to wait on the sidelines. Illustration 1.01 Illustration 1.01 shows the daily chart of BTCUSD. If the price breaks above Resistance 1, it will be bullish and increase the odds of Bitcoin testing the $40,000 price tag. Contrarily, a breakdown below $35,000 will be bearish. Technical analysis gauge Daily time frame = Slightly bearish Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
Is KASPA the new KING? Comparison with BTC & ETH.Kaspa (KASUSD) has been among the great winners of 2023, seeing an enormous growth as we approach the end of the year. Inevitably this draws comparisons to the early days of many high cap/ profile tokens. What better comparison for debate than to draw Kaspa against the market leaders, Bitcoin (BTCUSD) and Ethereum (ETHUSD). Bitcoin is displayed in orange, Ethereum in blue and as you can see by first glance, Kaspa (candles) has been following much more closely BTC's trading action in its early days than ETH's. Of course ETH came at a later stage in the crypto market so it was less aggressive than BTC, which practically made the market. We have drawn a Unified Underlying Growth Curve (UUGC) between the 3 cryptos and with a relative safety offers a projected scenario for Kaspa's future growth. Of course it's all fun and games until fractals are materialized and people are left wondering how they didn't see it coming and how they missed such an obvious opportunity. Again, this doesn't show that Kaspa will replace any of the above in usefulness, purpose or market cap but it points out some obvious similarities between their price action. What do you think? Is Kaspa a new crypto King? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:KASUSDLong
by TradingShot
10
ZRX/USD Main trend. Channel. Fractal.Logarithm. Time frame 1 month. Main trend. Idea for long-term trend orientation on a large timeframe. 0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets in the Ethereum blockchain without relying on centralized intermediaries such as traditional cryptocurrency exchanges. The price has fallen by -93% from the high of pumping. Pump/dump channel. Possible fractal recurrence based on the logic of the previous secondary trend. The potential is quite significant. Suitable for position trading. Rational to work from the average buy/sell price. The price is approaching the zone of previous lows, but the slippage can be by a significant percentage at the moment of “fear peak”. Trading volume. Holder Addresses. Pay attention to the minimum trading volume of the last year (this whole downtrend) compared to the past cycles. To understand why it is so, trace the main mass of large and medium addresses of this coin. Activity, time of creation. This is what it looks like on a line chart if the “market noise” is removed.
BINANCE:ZRXUSD
by SpartaBTC
5