Bitcoin Apexing For Another Big Move (down)Don't let other fool you, this looks like a sideways FLAG formation after a deep contraction in Bitcoin. I believe this is setting up for another downside price move - possibly retesting the $25k level (or lower).
The excesses in the markets are still unwinding and Bitcoin is like Beanie-Babies - whey were fun while they lasted.
Play this move cautiously, most of the time APEX moves generate a false breakout move (in this case higher) before the real trend takes over. You might see a POP here for a few days, then watch it roll over and collapse even further.
You've been warned.
Follow my research.
Cryptos
Deeper Network DPR Bearish Channel Deeper Network DPR Crypto is trying to hold at the first drop zone but it looks like the next drop zone will come into play.
Websites:
www.deeper.network (DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io (DPR Wallet Lookup)
apps.deeper.network (DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com (DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (Deeper Chain Polkadot Parachain Pending)
Crypto Whale Information: See the Whale news on my channel for there wallet info, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
Crypto Blockchain Community Governance - Currently being controlled directly by Deeper Network not by the Community thru a back door in the program (Verified on AMA)
7 Validator Nodes – 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
Burn Wallet – There has not been a routine burn setup yet promised by Deeper to fight inflation. The only burning is equivalent to about .01cents per day!!! from the validator Transactions which they are calling a “Routine Burning”. Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community can actually see for themselves.
Polkadot Parachain for Deeper Chain – is not at the moment yet (Verified by Polkadot Support)
10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); 4 Billion DPR Belong to Deeper & Investors
Warning: Possible Token Crash Starting in September 2022 thru the next 8 months
Company Info:
Deeper Network of the Marshal Islands (no office location there currently) Crypto Currency
Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/VPN/DPN
EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents, supposedly working remotely from home and out of a shipping warehouse since the past year or longer unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified.
Location of their servers where data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
ETH/USD Daily TA Neutral BullishETH/USD Daily neutral with a bullish bias. *After a small crypto rally over the weekend, the crypto market took a dip on Monday while stocks generally were positive; this is still not a decoupling because the stock market is closed over the weekend while the crypto market is not. Both crypto and stock market sentiment are ranging in Extreme Fear levels... this is typically when you want to be buying if you have a longer investment horizon.* Recommended ratio: 53% ETH, 47% cash. Price is currently forming a weak Descending Triangle (because it can also be a Bull Flag) as it tests $1941 support for an eleventh consecutive session; this is mildly bearish if it gets rejected by the upper trendline of the triangle. Volume remains moderately low and is currently on track to break the two day streak of buyer dominance if it closes today in the red. Parabolic SAR flips bearish at $1749, this margin is neutral at the moment. RSI is currently trending down and testing 36.91 resistance; if it can bounce here then it would be bullish (next resistance is at 55.31). Stochastic remains bullish and is currently trending up at 96.71 as it approaches a test of max top. MACD remains bullish after crossing over in yesterday's session, it is currently trending up at -216 as it approaches a retest of the descending trendline from 04/04/22 at -206. ADX is trending down slightly at 48 after making a soft peak at 51 as Price is defending $1941 major support; this is mildly bullish at the moment. If Price is able to break out of the descending triangle and close above $2144, then it will likely retest $2408 minor resistance before potentially heading higher. However, if Price breaks down here, it will most likely be a significant downturn to $1426 support and potentially lower. Mental Stop Loss: (two consecutive closes below) $1941.
Deeper Network DPR Bearish ChannelDeeper Network DPR Crypto is falling out of the bearish channel with three potential drops if it does not get support.
Websites:
www.deeper.network (DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io (DPR Wallet Lookup)
apps.deeper.network (DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com (DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (Deeper Chain Polkadot Parachain Pending)
Crypto Whale Information: See the Whale news on my channel for there wallet info, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
Crypto Blockchain Community Governance - Currently being controlled directly by Deeper Network not by the Community thru a back door in the program (Verified on AMA)
7 Validator Nodes – 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
Burn Wallet – There has not been a routine burn setup yet promised by Deeper to fight inflation. Waiting for Deeper to provide Burn Wallet Address for all three Blockchains
Polkadot Parachain for Deeper Chain – is not at the moment yet (Verified by Polkadot Support)
10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); 4 Billion DPR Belong to Deeper & Investors
Warning: Possible Token Crash Starting in September 2022 thru the next 8 months
Company Info:
Deeper Network of the Marshal Islands (no office location there currently) Crypto Currency
Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/VPN/DPN
EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents, supposedly working remotely from home and out of a shipping warehouse since the past year or longer unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified.
Location of their servers where data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
Deeper Network DPR ChannelDeeper Network DPR Crypto possible forming a channel.
Websites:
www.deeper.network (DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io (DPR Wallet Lookup)
apps.deeper.network (DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com (DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (Deeper Chain Polkadot Parachain Pending)
Crypto Whale Information: See the Whale news on my channel for there wallet info, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
Crypto Blockchain Community Governance - Currently being controlled directly by Deeper Network not by the Community thru a back door in the program (Verified on AMA)
7 Validator Nodes – 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
Burn Wallet – There has not been a routine burn setup yet promised by Deeper to fight inflation.
Polkadot Parachain for Deeper Chain – is not at the moment yet (Verified by Polkadot Support)
10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); 4 Billion DPR Belong to Deeper & Investors
Warning: Possible Token Crash Starting in September 2022 thru the next 8 months
Company Info:
Deeper Network of the Marshal Islands (no office location there currently) Crypto Currency
Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/VPN/DPN
EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents, supposedly working remotely from home and out of a shipping warehouse since the past year or longer unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified.
Location of their servers where data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
KNC Market Making MagicKNC has very strict behaviour from it's respective market makers in terms of respect to most traditional technical indicators
If the regression channel doesn't allow for a major move to the upside (and if bitcoin can continue ranging)
I could see a tap on the fibs lowest level to initiate a move to re-test demand the local low set a few days back during terra event.
Laid out like a meal on the chart - let me know what ya think
TIGHT STOPS - this mf'er loves to rip
Deeper Network DPR CryptoDeeper Network DPR Crypto has no new pattern forming but is still in an uptrend.
Websites:
www.deeper.network (DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io (DPR Wallet Lookup)
apps.deeper.network (DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com (DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (Deeper Chain Polkadot Parachain Pending)
Crypto Whale Information: See the Whale news on my channel for there wallet info, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
Crypto Blockchain Community Governance - Currently being controlled directly by Deeper Network not by the Community thru a back door in the program (Verified on AMA)
7 Validator Nodes – 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
Burn Wallet – There has not been a routine burn setup yet promised by Deeper to fight inflation.
Polkadot Parachain for Deeper Chain – is not at the moment yet (Verified by Polkadot Support)
10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); 4 Billion DPR Belong to Deeper & Investors
Warning: Possible Token Crash Starting in September 2022 thru the next 8 months
Company Info:
Deeper Network of the Marshal Islands (no office location there currently) Crypto Currency
Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/VPN/DPN
EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents, supposedly working remotely from home and out of a shipping warehouse since the past year or longer unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified.
Location of their servers where data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
The UNWINDING of a speculative phase can be UGLYI'm not suggesting Bitcoin will fall back to $3k or less. What I am suggesting is there have been two unique speculative bubbles in Bitcoin. If the current unwinding event is a severe as I think, Bitcoin could fall back to levels below $6500 before attempting to find any real support.
If you really believe the excesses over the past 8 years warrants a $30k Bitcoin price - wait till you see what happens when the Fed pushes FFR rates above 1.5% and a real asset bubble bursts across the globe.
Got Gold & Silver yet?
Follow my research.
Bitcoin consolidating near Tesla Price Amplitude ArcWatch how this plays out. I'm seeing the $25,600 level as the immediate downside price target for this move. This brief consolidation in a downtrend may not be over for Cryptos just yet. I believe the global markets are nearing a bottom - or at least looking for new support. But in terms of Crypto deleveraging, I believe there is still quite a bit of pain to be seen while price levels attempt to identify new support.
Watch for another downside price event to take place over the next few weeks as traders attempt to reduce risks. The market is attempting to unwind a massive speculative phase and this move could be very painful for many.
$25,600 to $26,000 looks like a solid downside target to me.
a bearish bitcoin outlook for the rest of Q2im not trading this range but i am increasing my exposure to bitcoin for the first time since it went north of 14k in 2020. slowly but surely, little buy little. we are past half way in the bitcoin halving cycle, this is historically a good time for those bullish on bitcoin long-term to re assume buying. dca baby.
Cronos From Crypto.com Can Be Finishing A Corrective DeclineHello Crypto traders, today we will talk about Cronos coin from Crypto.com in which we see deeper and bigger (A)-(B)-(C) correction from the highs that can be approaching the end soon.
The main reason why Cronos looks corrective is an Elliott wave running triangle formation in wave (B) in the middle. In Elliott wave theory , we know that triangles cannot occur in wave (2) as part of a five-wave impulse, so it must be wave (B) which indicates for an A-B-C corrective movement. Triangles consist of five waves A-B-C-D-E. Triangles also suggest that the final leg is coming before a reversal, so in our case wave (C) before it finds the bottom.
As you can see, CROUSD chart is already breaking out of wave (B) running triangle pattern and wave (C) can be already in progress. Ideal support we see at the starting point of mania cycle back in October 2021. If we also consider equality measurement of waves (A)=(C), then ideal support zone comes around 0.20 – 0.15 levels and from where we will expect a bullish reversal.
Happy trading!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
BLOK basing after M-pattern: a bullish play on cryptos & minersBLOK after completing a big M-pattern is consolidating inside a DARVAS box. The bottom of this box
brings us back to Dec2020 right before the launch of the big rally to ATH, which offers an attractive buy point with very low risk to reward ratio provided a cutloss is in place.
Bouncing from the bottom will see BO of box to reach the various TPs indicated on the chart.
Not trading advice
#btcstarburst TRAP OR TREAT?Who knows? This is the center of a major GANN channel… I have referred to this yellow line as the Blood line… (its yellow so its clear to see) the channel we have been falling through (THE RED RIVER OF DEATH) magically stopped on the line!! If it continues onward and breaks above 41k, 43k and 46k then holds support back in business…. The support channels are there. I could be broken down in smaller time frames but people seem to complain about the complex issues of reading the charts (laser eyes needed). Some would call this a dead cat bounce, others are going to say there is “GREAT NEWS IN THE AIR TODAY” and this is why BITCOIN is moving… Both are FUD. The beast does what it wants too. Leverage manipulates its path drastically, and as stated there can be massive falls on days in multiples of 5 (this doesn’t always happen but it is close and common, and when it doesn’t we do see a run). If you look at the BLUE line from our previous grid… Important to break. DCA SAFELY THIS A STUDY into Gann
LUNA possibility to retest and continue highHey Colleagues,
Today we came across LUNA/USDT . We see a great opportunity for this coin to show some bullish candles in the coming period around 90 Level.
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Yours Sincerely,
Tournesol Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.