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Bullrun

GRS (Groestlcoin) | Fundamentals, price model, etc Launched on 22 March 2014 with a focus on technological advancement, Groestlcoin (GRS) is SEGWIT, TAPROOT and Lightning Network ready. Groestlcoin has been in constant active development, providing development updates and enhancements every 3 months for 8 years. It is the first coin that activated SEGWIT (January 2017) and TAPROOT (The last update was released on March 8, 2022) Groestlcoin's final supply is limited to 115 million coins from which around 80 million coins currently in circulation and only 15 million coins left. If you're familiar with the concept of scarcity, you know why it's important. Once something becomes scarce enough, it becomes precious and can be used as money. The market cap of Groestlcoin is around $57 million, while the capitalization of the entire crypto market exceeds $2 trillion. Therefore, it can grow significantly by attracting a small portion of this capital. Technical Analysis Take a look at the chart. Right after Bitcoin's third halving (July 2016), we have a falling wedge pattern on the chart. This consolidation pattern was actually an accumulation zone. As you can see, the 2017 Bull Run started right after the pattern completed. Each complete bitcoin cycle (Duration between two halving events) takes about 4 years. Now, about 4 years after the last bitcoin halving, we are again seeing a consolidation pattern formed on the chart. Now the triangle pattern is completed and the price is about to break out. So, this could be the beginning of a bull run. << However, always remember that past results are no guarantee of future performance >> Price Model Well, maybe a bull run is coming, but where can the targets be? I use a price model to determine the range of price movements. Bitcoin is the leader and in the crypto world everything follows it. I used linear regression to determine the relationship between the GRS price data and Bitcoin's stock-to-flow ratio. I have plotted the model price (black) over time on the chart. To estimate the range of price movements, I used a set of trendlines plotted one or two standard deviations (positively and negatively) away from the model. For more information on price models, see my article titled Ripple (XRP) Model Price via the link below the post. Terms What is segwit? Segwit stands for "segregated witness" and is a technique that reduces transaction fees. What is the taproot? Taproot is a modified advanced form of MAST that allows participants to aggregate their signatures and spend from a multi-sig just like a normal transaction together. What is lightning network? The Lightning Network is a second layer added to the blockchain that enables off-chain transactions, i.e. transactions between parties not part of the blockchain network. What is Bitcoin Stock-to-flow? The 'Stock-to-flow' is a number that shows how many years, at the current production rate, are required to achieve the current stock.
GLong
by BobRivera990
Everything fits together!. Too beautiful ? 🚀🚀🚀🚀Hello everyone, Everything is putting together beautifully, and this is just the beginning! Namely, the ascending wedge after the cryptocurrency startup is a positive phenomenon in AT. We are just piercing the top line of the formation (retest). After confirmation, it predicts further increases. When I see the first candle touching $ 40, I am convinced of a rally to this area as it always happened. The formation shows that we should reach $ 23 and also Fibo 1.618 is in the same place. However, this will not be the end of the rally, it is only the second wave, followed by a mid-term peak. Following which we will start the correction. Again, the Fibo 3.618 is perfect. All the signs in the sky tell me about this path. NFT is the future that will knock on the door of every person with internet in the world. You can see it after the next startups, at least METAUFO. Comment and like Greetings
BINANCE:APEUSDLong
by SayMoney
2
GJ Bull? (Solely Technical)The Dragon has been respecting major Resistance and Supply Area at 155.672 - 158.632 the past five years but just recently broke this zone at resting for the weekend at 160.922, we shall expect a gap move by Sydney and Tokyo opens tomorrow. This zone (155.672 - 158.632) used to be mitigated and broken circa November 2013 and climbed up to 195.448 in Jun 2015 and ranged for 2 months in that high. Should this long-term Bullish outlook be taken seriously? Let me know by the comments below.
Long
by UnanimousVerdict
ETH BullJust your normal bull market. Enjoy guys. A quick bull run up to $5297 Eth And then a retracement ( bottoming out ) to/at $2262 Eth Take entry at your own accord. Not financial advice. TP 1 : $4400 Enter again @ $3050-$3100 TP 2 : $5297 and wait for bearish divergence confirmation. A more aggressive TP 2/3 could be $6467 Enter again @ $4146 TP 3 : $4864 The End. Let the market crash down from 25 August 2022 all the way to ---> 3 February 2023 As always be safe. Spend more time with your loved ones.
COINBASE:ETHUSDLong
by BoredNinjaClub
Keep an eye on CHR!Here's a quick look at the CHR Daily chart . As we can see, the price has broken out from its bigger downtrend and a bigger reversal could be upon us. If you didnt catch the immidiate breakout from the falling wedge , then the best entry would be when the price breaks above 0.5$ with good amount of volume . Definitely one to keep an eye on! ------------------------------------------- The idea is: Buy when the price breaks above 0.5$ and take profits at the levels shown in the chart. Targets: 1. 0.58$ 2. 0.68$ 3. 0.85$ 4. 1$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
2