SNT -- Follow-up to last Post -- Coinbase's next listing?Hello TRaders,
So SNT took off a little sooner than I had anticipated.
No co0mplaints on my side but if you did miss getting into this trade setup, you may get a second chance if we get a weekend pullback.
The weekends have been consistently showing a drop in the overall market, except for a few pump and dump communities. But that's gambling, not trading.
Anyways, I've noticed about one weekend out of every month seems to perform well, while the other three weekends drag the prices down or move sideways.
The current "daily chart" pattern is showing the 5th wave, which could possibly be a setup for an ABC correction wave. Depending on this playing out, I'll be setting my buy orders for around $.17-$.19.
My personal opinion is that the next cycle we have will be a focus on content and media creation involving the crypto world. SNT fits perfectly in this category and has been around for a long time. It may just be it's time to finally catch up with the rest of the parabolic market. Also, I could see this project being listed on Coinbase, it has the feel of a project that would be listed on their platform and it has enough history for it to be a safer project which Coinbase seems to gravitate towards. ( This is simply speculation with zero accounts of this actually happening.).
You can take a look at my previous post here:
Let's finish this week strong.
Good luck!
Binace
BTC 1W - A potential retrace forming. Let's see what happens?BTC Weekly chart is looking like we're shaping up to retrace short term.
Covid 19? Stock crash? You pick the panic, people will sell at this level and who will buy in the top 10% when we know there's a sell wall @ 20k like nothing else in the crypto world.
I noted an evening star Potentially forming. This weeks candle is very young so don't take this as gospel.
MACD is strong. RSI is oversold and volume has been steady but lacking from the spike.
Beware what may befall the might BTC this week. That said expect a rush of money to alts like we've never seen once BTC chills out a little bit.
If you hodl, you be rich. If you trade, be 200% careful right now. There's a huge wave of volatility that's about to hit the market I feel.
COMP/USDT 8h (Binance Fut.) Descending channel breakout & retest#Compound is pulling back to give us entry after that clear breakout of parallel channel.
I believe this is a new opportunity to long it before a possible bull run!
Current Price= 107.06
Buy Entry= 107.03 - 102.23
Take Profit= 116.77 | 123.26 | 133.20
Stop Loss= 96.51
Risk/Reward= 1:1.5 | 1:2.29 | 1:3.52
Expected Profit= +23.20% | +35.62% | +54.62%
Possible Loss= -15.52%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 480h
RLC long term view BINANCE:RLCBTC
Hello everyone.
As we can see :
- major support
- bottom flat triangle
- pullback at support line
So we have a pullback from current support lane,
We expect some upward movement till triangle top lane !
If RLC reject from triangle then we have to see a retest from current support,
If RLC break triangle, then we will higher mounts to recent resistances.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Chainlink is so undervalued !!! Long term Holder!!Chainlink’s oracles enable smart contracts to access off-chain data in a decentralized manner. Today, it’s the largest oracle provider with over $220 million in value secured. And it’s continuing to expand its ecosystem.
Its latest partnership is with Klatyn, the public blockchain project of Korean internet giant Kakao. Kakao is worth roughly $9 billion. And KakaoTalk, its popular messaging app, has over 50 million monthly active users.
With this partnership, Klaytn’s smart contracts can securely access off-chain data via Chainlink and use it to create applications. To that end, Klaytn is focused on large-scale enterprise applications and DeFi applications.
Google, the internet search giant with a market capitalization over $1 trillion, is now using Chainlink. It’s part of Google’s plan to adopt blockchain protocols and technologies by integrating them with its Google Cloud services. Its ultimate goal is to create hybrid blockchain/cloud applications.
The fact that the search engine giant is favoring Chainlink, in addition to Ethereum to make internet-hosted data available in an immutable blockchain, is great PR for the project. For now, Google is focused on specific use cases such as prediction marketplaces, futures contracts, and transaction privacy.
BTC/USDT Target $12330.00 IH&SHello Friends,
Looking at the H4 chart we can see the potential for an inverse head and shoulders pattern, which to me looks highly probable given the fact that BTC bounced of the RSI yesterday and is now moving in an uptrend forming what looks to be the completion of the right shoulder of this IH&S pattern.
We also had this same pattern yesterday on the 30 min chart. I posted this pattern yesterday and earlier today BTC had reached its target. Now BTC has reversed and is moving towards the support level 1 and I believe it is a good opportunity to buy in at this support level and go long on the larger inverse head and shoulders pattern.
If this is a valid inverse head and shoulders pattern, what we will see in the next few days or less, BTC will approach the neckline in a zig zag fashion bouncing off of higher levels of resistance and retrace to higher levels of support. BTC will then hesitate at the neckline, breach the neckline and carry on with this zig zag pattern. BTC will get about half way towards the target then most likely retest the neckline. Then we will see BTC head towards the target in a zig zag fashion until BTC reaches its target.
Details on the Chart
Not trading advice, do own research.
Cheers