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Astroswap a sleeping giant for 2025 bullrunAstroswap is a decentralized exchange on top of the Velas blockchain. Astro will eventually migrate to the Cardano (ADA) protocol in the near future at some point. As you can see by the trendlines from the previous price action we have three key prices to target; $0.048, $0.22, and the all-time high of $0.52. Coincidentally this $0.52 sits right at the high of the beam bands. Could Astroswap move back to its all-time high? Well, once they migrate over to the Cardano network it will be interesting to test this theory. Only time will tell but before this milestone is achieved we need to break through these two trendlines first and then we challenge the all-time high.
Long
by altcoinb
1
SPY Price action is a bit different this time aroundUmmm, the fast and short answer is that I am overall bearish on the SPY and anticipate we ultimately get rejected from this ATH (all time high) trendline ...however, it is starting to get complicated, lol. Disclaimer: Be aware the following comments are just my observations and I am not a professional trader. I am school teacher by day and stock junky by night, lol. I just enjoy looking at the charts, doing light TA and occasionally making a little money, lol. Anyways, here we go: We have finally reached the major downward sloping trend line or what I call the all time high trendline (ATH). There is the possibility that we can get a slight push above the ATH (all time high) trendline (currently $408-$407.5) - with the more likely contested area being between $409 - $415. I’m still a bit confused as to why anyone would think SPY would ever "breakout" above of this downtrend now. Our government is aggressively trying to reverse inflation - a breakout would be fighting against their efforts. I know I've said this a few times before - but a breakout would be flirting with a bull market - and I guess if that were to happen, I'd imagine that the FED would not only continue interest rate hikes, but they would also become even more aggressive. With that being said, I guess it would be judicious for me to also explore the bullish side of all of this, lol. Price action has been unusual and unlike the past two occasions we’ve approached the ATH trendline, this time has been with tremendous momentum. Also, it’s worth noting we’ve been in the general trend line area for over 3 days. The first time we touch the trendline (March 29th) we spent about 24 hours before diving back down. The second time (August 16th) we were rejected immediately. However, this time around we tagged the trend line around 3-4 times and even broke above it one of those days. Here is a pic of the charts for comparison: This could mean nothing at all – but I do think it is important to note that this time around it has been different. Perhaps it is signaling that the bear market is near it’s end but we might have one more leg down coming. …Oh and I just want to address one more thing, lol. The “Christmas Rally” - for all those who might be confused about when Christmas rallies typically occur, here you go: “A Santa Claus rally describes a sustained increase in the stock market that occurs in the week leading up to Dec. 25.” Santa Claus Rally Definition (investopedia.com) A very real possibility is that SPY begins that leg down now (as in next week, lol), creates the ultimate bottom (possibly the $330 area) and then Santa comes along sometime after the 18th and saves Christmas – and the market, lol.
AMEX:SPYShort
by DansGoneFishing
3
GDP is Bad and You Should Feel BadThe GDP number of 2.7% growth is being propped up by net exports, while consumption is at a cycle low. This is horrible for earnings expectations and risk assets. Net exports were at a low in prior quarters, making the economy look worse off than it was. Now the economy is actually worse off than it is and the metric is instead making it look better. This is why the NBER doesn't use "two quarters of negative GDP" to date recessions. There are too many false signals. Don't fall for the GDP meme. The pain is coming.
FRED:GDPC1Short
by coinhoIio
FILUSD WILL IT HIT 20X Sources Say YesBut listen Up Time is running out May 11th is not far away. And you will definatally want to be on top of this one asap. All jokes aside this may be your biggest money maker for 2022. These are the opportunities many wait for and never find or never see the opportunity until it is too late, and they miss out. Please remember what I am saying here because when we look back, I want you to Rember me for next time I post on a coin, and you say to yourself that guy was right last time, and I missed out once again. Don`t be that person. Happy Trading See You Soon
COINBASE:FILUSDLong
by SHakeTheTinCan
6
Can Bitcoin fall to the All-Time High from 2017?Can Bitcoin fall to the All-Time High from 2017? Adjusted the Bitcoin Investor Tool that current price is in contact to the green bottom line. Measuring the percentage drop from the past 3 times and transfer it to the current price... ...that would make it within the realm of possibility. But what do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
BNC:BLX
by Crypto4Everybody
1
ETH will hit new All-time-high, upcoming $6,000 and $8,000 ETHEthereum has remained strong but slow this year, which has a lot to do with the failures it has faced, or challenges it has faced in becoming scalable. It was first to come out, as a leader of the pack, and showed other projects what not to do. But, it still remains very much a leader today, and I wouldn't be surprised if this eventually jumps Bitcoin for highest market cap. We have an ascending triangle pattern, with a recent ATH. Once we move past this region, which can bring a lot of resistance to break through. Depending on if Bitcoin remains bullish, and continues to go up - Eth will absolutely cross to new highs, and beyond. Personally, I think Bitcoin will take a minor break here, starting the real rally in early - mid November. When ETH does reach upwards, it will shoot for these 2 areas: $6,000 and $8,000 - which are fibonacci extension targets on the 1w chart.
BITSTAMP:ETHUSDLong
by Shwayze
1