AB=CD Fibonaci pattern Blok gonna pump!We see AB=CD pattern at daily chart with Decreasing volume . We find support at 0.618 fibonacci level to find C.
The bearish AB = CD is a Fibonacci based pattern, meaning Fibonacci ratios determine the turning points. Formula: D = (B – C)/ Ratio + C=(0.178-0.058)/0.618+0.058=0.25217$
How often does price reach or exceed D? 95% of the time.One of the best performing strategies. 57% of the time price goes more than the D target.
AB is 25 days so CD should be in perfect pattern execution also around 25days which is 7th December 2021. This could differ greatly also like D price. But we are with 95% security going to at least 0.25217$.
Also golden cross on MACD will happen next few days.
Mega bullish on BTC!
Bulkowski, Thomas N.. Encyclopedia of Chart Patterns (Wiley Trading) (Kindle Location 3643). Wiley. Kindle Edition.
Blokusd
BLOKUSDT , This parabolic movement can be happenHello everybody
One of the attractiive project that it works on metaverse
According to our last analysis of BLOK we told the price can happend in 2 scenario , one of them is to drop and impact to the trend line and the 2nd one is to go up to the 2nd target that we shown on chart , and exactly the price move to the 2nd target and reach to it because of the news and the fundamental of the coin .
The price have compression and range in 2 zone and we need the momentum and the pwer of the bears were becoming weak and it can be ready to jump and go up until the target reach
Previous analysis :
Dont forget use stop loss and observe money management
Good Luck
Abtin
👽 BLOKTOPIA - Yes but with ❔ on Tokenomics BLOKTOPIA is a pretty cool looking project! nice colors, designs, concept.
A Metaverse building of 21 floors (respect paid to Satoshi for the 21 million Bitcoins maximum supply).
Bloktopia raises $4.2m for its VR metaverse. Round led by Animoca Brands, Jake Paul & Bitboy :
Bloktopia, the virtual reality metaverse which will allow users to Learn, Earn, Play and Create and provides a central hub for everything cryptocurrency related - today announced that it has closed its private rounds.
Investment was led by Animoca Brands and also includes backing from Jake Paul's Anti Fund, Polygon, Bitboy (Ben Armstrong), Wendy-O, X21, Genblock, AU21, Avalanche, Shima Capital, TKX Capital, Kucoin Labs, DuckDAO, Dreamboat Capital and Magnus Capital.
Bloktopia also released a list of the brands that will be taking up residency. The brands, referred to as 'Anchor Tenants', will occupy the spaces in the prime locations of the virtual reality skyscraper, where they will share exclusive and immersive content. Confirmed Anchor Tenants include lead investor's Animoca Brands, they are joined by renowned crypto brands Polygon, Avalanche, Dextools, DuckDao, Anti Fund, Polkastarter, Travala, Kucoin, Collateral and influencers Jake Paul, Bitboy and Wendy-O, with Bloktopia reporting that several more agreements are in the process of being finalised.
Bloktopia co-founder aspires to build a metaverse with ‘hundreds of the best crypto projects’
So, everything great but too many token...weird tokenomics. Our target is to double from here and then personally I would be cashing out at least 75% of my Bloks.
One Love,
the FXPROFESSOR
BLOKUSDT , We are going toward the resistanceHello guys
This is one the most popular token that everyone wants us to analysis
In here we have 2 sensitive zone that shown on chart and the price is in range zone between these 2 zone and we have 2 scenario for the price
1st : The price can break the resistance Zone and the target is in our way
2nd : If the price cant break the resistance with power and again fall down we expect that can support when reach to the trendline
Be patient and enjoy your profit
Good Luck
Abtin