Bitcoin REACHED TO $ 44,000 . 🚀 (Update)Bitcoin REACHED TO $ 44,000 . 🚀
We saw that the price exactly according to the previous analysis, managed to break its resistance level in 41K zone and reached to $ 44,000 target ✅. (This analysis will be updated after consolidation.) Note that the price has reached the most important Bearish Order Blocks.
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅01.March.22
⚠️(DYOR)
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Bitcoin-gold
BITCOIN THE WARRIORDue to the confliction between Ukraine and Russia , I decided to look back in to the history , and see what happened to Bitcoin , Gold and SPX when we had war or confliction.
Here is the list of the wars that I mentioned in the chart : ( I understand of the ongoing wars and some other I did not mentioned ! )
1 . Iran shoots down US drone aircraft
2 . Iranian General Assassinated
3 . Operation Martyr Soleimani
4 . Nagorno-Karabakh war
5 . Tigray War
6 . Fall of Kabul
According to my studies all of the war news has been bullish for the 3 assets ! (Except for one time for gold on Tigray War which can be ignored. )
Just to be said , this would be far different if we get in to a world war !
The question is : in case of starting a war between Russia and Ukraine , what would happen to cryptocurrencies ?
As a technical analyst , we always look backward and see what happened in history , then we get some information and that's where analysis starts !
So , we can say BTC and Gold are safe assets during the war , and also SPX ( focus on arms stock! they are to sell weapons ! ) Its just the same for fuel carriers and oil!
Be aware , this is not financial advise , It's just a study of what happened in the history and there is no guarantee for now.
ETH Short position 22.2.26ETH is on its resistance level and in case of breaking the trend line and pullback to this area, the short position is activated.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 26.Feb.22
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Dogecoin reversal zone 22.2.27Doge is on a downward trend. Important supports that the price can respond to are outlined in the chart. The uptrend will begin after the downtrend breaks.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 27.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better
Quantitative easing - inflation of the economyMany people simply do not understand economics; and why should they - it's Foooooking complex.
I hear and read, all the time. Bitcoin solves inflation - without any real sound logic as to why or how...
When you travel back in time, the monetary systems have changed and evolved but are moving further and further away from the "gold" standard. Now as a crypto maxi, you might see this as a good thing. However, it also has it's drawdowns. The reason Gold and silver has been used for thousands of years is that it cannot be made and holds a rare earth material (Value) this is not as simple as saying "a store of value" and this I feel is where the confusion comes in.
So let's explain how the governments use quantitative easing to cheat the public.
In simple terms this is a policy in which the central bank's try to increase the liquidity in its financial system, in order to inject money into the economy to expand economic activity. Or so we are told.
If you look at this chart going back to 1965.
You will see the QE levels of rapid supply of money - with nothing under pinning it. This is where the Gold standard is lost. However, the story does not end there for Gold & Silver.
Take a look at this;
This is the Qualitative economic impact of the quantitative easing. This shows, the asset price increases and then falls off a cliff. All whilst the Money (paper money) flattens out. So with the injection into the economy (wink wink) the demand increases, the price increases and with a slight of hand - we have more borrowed dollars, less tangible assets to support it.
This isn't just a US problem, nor a European issue - it's a global, corrupt government issue. This is why the rich get richer and the poor get poorer.
Take a look at countries such as Australia;
These curves are parabolic.
How's about Russia - could get even worse after this war;
In summary it can help an economy out of recession, but it can drive an economy to recessions also.
So why or how does Gold and Silver fit in? Well, as the value of money (cash) drops down, spending power is robbed, pensions depleted and costs sky rocket. The Dollars in circulation can buy less "store of value assets" - thus driving the price of said assets up. This is where many people get confused with the adoption of Bitcoin. They assume that with Bitcoin being decentralised (kinda) - you have to remember the rules and regulations imposed on money in and out of the system (KYC & AML) - on an immutable ledger; this is optimal for taxation, identification and traceability by the way. The main issue is the store of value is only driven by what's in circulation, how much demand and how accessible the supply. It is already stated that 91% of all of the BTC in existence is in the hands of the Elite. The value per coin is only the supply vs demand battle, it's similarities to gold means it can be lost, stolen or stored.
But it's the underpinning method the governments use to increase the value of gold - that makes it likely to remain "THE WAY" for the foreseeable future. If I am honest I see Bitcoin or another crypto taking over the cash/payment system - more than I see it as a digital gold.
Anyways - have a great weekend, I thought this would be an interesting topic for discussion.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Bitcoin Double Bottom? TA: 22.2.23Bitcoin is back below the downtrend and there are signs of weakness in the movement. Bitcoin can retest 36500 support. The important point is that if the movement towards 36,500 is slow, it may form a double bottom, but if the movement is sharp, it may lose 36,500 support.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 23.Feb.22
⚠️(DYOR)
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Ethereum (ETHUSDT) TA: 22.2.23As long as ETH is below 2750 resistance and inside the downtrend channel could reach 2300, 2,000 and 1,800 support. If the resistances are broken and their high price stabilizes, targets of 3300 and above will be activated.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 23.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better
Poligan (MATICUSDT) TA: 22.2.22Poligan is facing 1.05$ support in its downtrend. To start moving up, it is necessary to break and stabilize above the 1.75$ level
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 22.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better
fundamental analysis Come together, let's think out loud
Now the 3 main markets are moving Asian ; European and American
Today and until now, these 3 markets have bought gold
And not at the expense of the dollar.. So the connection between the 3 markets is loose
Each market will deal in its own currency
Here, we will divide into two parts
currencies and gold
1- As for currencies, you need to focus on the currencies of each market and forget about the dollar a little
. I mean, Asian From 10 pm to 7 am GMT , you can trade an AUD , NZD ,JPY trade on them
. European From 8 am to 5 pm GMT , you can trade GBP , EUR and CHF trade on them
. American From 1 pm to 10 pm has a dollar you can trade it , and it is very difficult right now
2- gold Every market of them bought gold, and this means that every market has liquidity in gold and is able to move the gold price up and down according to the time of the market and its policy on gold .
I mean, for example, the Asian bought gold, therefore its price increased, so the price of gold reached the European period high
Here, Europe will decide its policy: if it will buy gold, the price will continue to rise, but if
it will sell, the price of gold will go down and delivered to the American market
Who will decide whether to fix the price, go up, or drop the price?
And hand it over to the Asian..and so on until the geopolitical matters became clear
What are you doing,, in these events? Work on the market according to its timing and secure your positions on the market as soon as the period of the market you are working on ends, because it is not a condition that the markets will walk at the same pace as today
Remember every market has strong liquidity, meaning
If you bought in the Asian market time and earned either you exit with your gains or put your stop loss at the entry and wait for the European policy , I know my words are difficult but I try to be with everyone
But I hope everyone will benefit
ETHUSDT 1D TA : NEXT TargetsETHUSDT In daily timeframe, with the defeat of the first trend line, it is advancing towards the targets. In case of reaction on the second trend line, the possibility of falling to the support range is not far from expectation. Of course, the reverse head and shoulder pattern can be the second sign of climbing in the chart.
Its not Buy or Sell SIGNAL
DYOR
@AtonicShark
10 Year Rate: Price keeps moving up!Quick Analysis on 10 Year Treasury Yield on a 1D Linear Chart.
1) The US 10 Year Treasury Yield has been respecting a falling channel for multiple decades going back to the 1980s.
2) It has broken out of the top trendline of the falling channel with a recent re-test of the S/R line.
3) The measured move of the falling channel would bring it back to Pre-2008 ranges (LONG-TERM). The measured move is noted.
4) There was a Bull Flag Pattern forming on the charts within the falling channel pattern, which helped the price move higher. The measured move for the SHORT-TERM is noted.
5) I discussed this breakout in the first week of December 2021 when the price was still at around 1.40ish. PAY ATTENTION!
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
GBPUSD NEEDS SOME MORE TIME!!... 😎😎😎 Hi Traders
Please see our updated analysis on Gbp/Usd.
We were initially looking for a short position yesterday however price has continued its bullish momentum and we think we have a day or two more of bullish momentum before we start seeing price reverse. We did mention before that price may need a deeper move before seeing some kind of downside movement.
Notice price retraced exactly to the 0.5 Fib Retracement.
We were looking for USD strength coming in but it looks as if the US Dollar also has a deeper correction to make before continuing its bull run.
If you are more comfortable with a safer entry on this pair wait on the ascending trend breaking before entering or wait for a new lower low to be printed whilst rejecting a higher high.
Let me know in the comments below your thoughts on this pair.
As always remember trade safely with proper risk management!
The Fx Chartist
GBPJPY - I REALLY LIKE THIS ONE!!... 💖💖💖 Hi traders [/b}
Please see our analysis for GBPJPY.
Now GJ is one of my favorite pairs to trade I just think its extremely easy for trading. Let me know in the comments below your favorite pair to trade?
Price has been trading within the range of the ascending channel for quite some time and as we have p.
We are anticaptingsome further USD strength and GBP weakness.
We would like to see a deeper retracement right into the highs of the neckline marked to the left and the neckline or the preiouis double top set up.
I will link previous rerated idea .
If you like this be sure to hit the like buton or but yet give a a,
The Fx Chartist
KNC Long term Halloween Spot trade for you profit goblins!Hello Traders,
I have put together this trade set up and information for you to help you in your research. Please see chart for details and be mindful of your stop losses along the way moving them beneath the pullbacks to stay in profit the whole trade.
KNC Price Live Data
The live #Kyber Network Crystal v2 price today is $1.73 USD with a 24-hour trading volume of $48,869,324 USD. We update our KNC to USD price in real-time. Kyber Network Crystal v2 is up 6.77% in the last 24 hours. The current #CoinMarketCap ranking is #256, with a live market cap of $307,680,364 USD. It has a circulating supply of 177,809,350 KNC coins and the max. supply is not available.
If you would like to know where to buy Kyber Network Crystal v2, the top exchanges for trading in Kyber Network Crystal v2 are currently #Binance, #Mandala Exchange ,#OKEx, #Huobi Global. You can find others listed on our crypto exchanges page.
What Is Kyber Network (KNC)?
Kyber Network is a hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (#DApp). The main goal of Kyber Network is to enable #DeFi DApps, #decentralized exchanges (DEXs) and other users easy access to #liquidity pools that provide the best rates.
All transactions on Kyber are on-chain, which means they can be easily verified using any Ethereum block explorer. Projects can build on top of Kyber to utilize all the services offered by the protocol, such as the instant settlement of tokens, liquidity aggregation, and a customizable business model.
Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity for different needs.
The Kyber Network Crystal (KNC) token is a utility token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform and vote on important proposals --- and earn staking rewards in Ethereum (ETH) that come from trading fees.
Who Are the Founders of Kyber Network?
Kyber Network began its development in 2017 and is built on top of the Ethereum blockchain. The project was founded by Loi Luu, Victor Tran and Yaron Velner, and currently has its headquarters in Singapore.
Loi Luu is a blockchain researcher and an advisor for various blockchain projects. He developed #Oyente, the first open-source security analyzer for Ethereum smart contracts, and co-founded SmartPool, among other decentralized projects.
Victor Tran is a senior backend engineer and Linux system administrator. He was the CTO at Clixy and 24/7 Digital Group as well as a developer for several projects in Vietnam.
Yaron Velner is the current CEO of B.Protocol, a decentralized backstop liquidity protocol, and was a postdoctoral researcher. Velner stepped down from his CTO position at Kyber in October 2019 but remains as an advisor.
The Kyber team is also composed of several executive advisors, engineers and designers. According to the official Kyber Network LinkedIn page, the company has over 50 employees --- most of which are based in Vietnam or Singapore.
What Makes Kyber Network Unique?
Kyber Network is the first tool that allows anyone to instantly swap tokens without the need of a third-party, like a centralized exchange. The unique architecture of Kyber is designed to be developer-friendly, which enables the protocol to be easily integrated with apps and other blockchain-based protocols.
DeFi has many use cases and possibilities. Therefore, no single liquidity protocol can fit the needs of all liquidity providers, takers, and other market participants. Kyber's liquidity hub architecture allows developers and the Kyber team to rapidly innovate and integrate new protocols into the overall Kyber Network to cater to different liquidity needs.
In April 2021, Kyber launched the Kyber DMM, the world's first dynamic market maker protocol (DMM). Kyber DMM is a next-generation AMM designed to react to market conditions to optimise fees, maximise earnings, and enable extremely high capital efficiency for liquidity providers, especially for stable pairs with low variability in price range (like USDC/USDT, #ETH/SETH). They will be able to support pools with extremely high amplification factors, which means given the same liquidity pool and trade size, slippage can be 100x (or more) better than typical AMMs. Depending on their amplification strategy, liquidity providers can maximise the use of their capital and have the opportunity to earn much more fees relative to their contribution size, while takers can enjoy extremely low slippage on their trades.
Kyber DMM is the first of many new liquidity protocols that will be launched on the Kyber 3.0 Liquidity Hub.
In the Kyber #ecosystem, KNC token holders play an important role in deciding new #growth and value-capture opportunities and incentive mechanisms. Through KyberDAO, KNC holders can participate in the #governance of the network by voting on important proposals. Kyber's #community is sizable and made up of a wide range of developers, in addition to other members of the blossoming DeFi industry.
Kyber's fully on-chain design enables the protocol to maintain full transparency and verifiability. The platform claims to be the most used liquidity hub in the world.
How Many Kyber Network (KNC) Coins Are There in Circulation?
As of May 2021, Kyber Network has a total supply of 210 million KNC tokens. Out of this, just over 200 million tokens are in circulation. The KNC token is dynamic, with the KyberDAO having the ability to vote to increase or decrease the supply in order to drive innovation, bootstrap liquidity, and reward early adopters of new protocols such as the Kyber DMM.
Kyber concluded its initial coin offering (ICO) on September 15, 2017, raising $52 million by selling each KNC token at a price of 0.00166 ETH. According to the official token distribution paper, 61.06% of tokens were sold in the ICO, 19.47% were saved for the founders, advisors and seed investors, and the remaining 19.47% was reserved for the company.
How Is the Kyber Network Secured?
As an ERC-20 token, Kyber is built on top of and secured by the Ethereum blockchain. In addition, Kyber uses an extensive trust and security model that protects users from misbehaving administrators or exchanges, thanks to security measures built in both at the protocol and smart contract level.
The platform has been audited by several third-party security firms and researchers, including #Chainsecurity, which have determined that the protocol is secure and hence free of vulnerabilities.
Where Can You Buy Kyber Network (KNC)?
KNC tokens can be purchased and traded on a variety of exchange platforms, including prominent names like Binance, Coinbase Pro, Huobi Global and Kraken. The token is currently listed on more than 20 exchanges and has more than a dozen trading pairs, including #stablecoins like #Tether (USDT) and Binance USD (BUSD).
If you are looking for a guide on how to buy KNC tokens or other cryptocurrencies using fiat, check out our detailed guide to get started.
Have a green week,
Savvy
Detailed explanation of the harmonic model 5-05-0 pattern discovered by Scott Carney and published in his book “Harmonic Trading, Volume Two”
It is a unique model that has precise corrections of the Vibonachi ratio to check the health of the model.
Although the 5-0 pattern is a reflective pattern, because the 50% recovery level is the most important in the possible reflection area, and the correction ratio is slightly different from the Bat or Gartley pattern.
The 5-0 category falls within a family of 5 point harmonious reflection models and is essentially defined by the B point, which is mandatory for all compatible patterns.
The basic pattern assumption is to determine reactions after finishing the opposite direction, and 5-0 patterns usually represent the first retreat to reflect the large direction.
In many cases, the AB rib of structure is the final failing wave of direction.
“The buying pattern”
-Rib 0X beginning of formation of model structure.
XA rib does not require a certain correction, but provided it does not break the top of the rib 0X.
- AB rib between fibonachi extensions 1.13 to 1,618 from XA rib.
-C point between fibonachi extensions 1.618 to 2,224 from AB rib.
-Dot D from here we need to see one lower final comeback complete at the BC Correction Level 50.
- CD rib should D be equal in AB rib length.
“The Selling pattern”
-Rib 0X starting to be the model structure.
The XA rib does not require a certain correction, but provided that the bottom of the rib is not broken.
- AB rib between fibonachi extensions 1.13 to 1,618 from XA rib.
-C point between fibonachi extensions 1.618 to 2,224 from AB rib.
-Dot D from here we need to see one lower final comeback complete at the BC Correction Level 50.
- CD rib should be equal in AB rib length.
Take a look at some of our previous analyzes with this analysis
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