Logarithm. Time frame 1 week (no less is needed). One of the lagging cryptocurrencies. The reason is that the crowd was previously imprisoned thanks to PR by bloggers. Little by little, “faith is being killed.” It is worth paying attention to cryptocurrency, but without fanaticism, observing risk management. 🟡 Secondary trend — the price is still in the range...
💎Paradisers, focus on #XCHUSDT! We’re expecting a price jump from the bottom of the ascending channel to the upper line. 💎What’s up with $ChiaNetwork? It’s moving within an ascending channel. Right now, it’s more likely to visit the support level the $34.09. The low volume and profit taking by users increases the probability of this scenario. We are confident...
This one isn't so much of a technical entry as much of a long term buy and hold position. Technically this could be a right translated cycle low as we have already exceeded the previous low by a couple weeks. Chia's proof of space and time takes the best of Bitcoin and Ethereum and combines them into one block chain. They are also the only ones who did it...
Regulations are coming, I have been talking about this for a long time, but even the projects themselves are not ready. Projects that will not be affected by the regulation are Bitcoin, Chia, Eth, Dydx, Rose, Astar, Shaiden network, Compound, Aptos, Flow, Kusama, Dot, Imx, Mina, etc.. Of course, some projects have their risks. I have an assumption that the...
After the price drops massively the first year after trading started from the low volume ~1k USD per XCH during feature trading and a peak up above 2k USD the price now is in a range between ~30 USD and ~50 USD. The network space slowly started to grow ~10% since january 2023 and can be considered stable since july 2022. The node count is ~115k (ETH ~7k, BTC...
Blockchain and smart contract platform Chia Network, founded by Bram Cohen, the inventor of BitTorrent, has filed a confidential draft registration with the US Securities and Exchange Commission for its proposed initial public offering (IPO).
I rly did not expect the XCH USD price to rise quickly that much. Maybe it happend because of the low volume and because the two quick dumps before and therefore the sell pressure was low. The general downtrend is still intact. I am curious if and when we will see a retest of the resistance arround 30 USD and if it can hold. I am also very curious how high the...
Both stocks and crypto markets have been down in most of 2022 (largely due to inflation, rising interest rates, and talks of an upcoming global recession), but in the last month we've seen a few interesting patterns emerge: - Proof-of-Storage coins, particularly Chia Coin (XCH) and STORJ (STORJ) have seen very favorable gains. - The two major crypto coins,...
strong up trend is approved and next pivot will be HH
before Chia could be traded, just a few weeks after the mainnet went live, people where absolute overhyped for no reasons. Thats why the price was way overrated at the features market. I told people that I would expect 20 USD. IMO there is one thing people get wrong with crypto networks again and again. They think that if the network has a big hashrate, or the...
Chia network has seen quite the drop in price by 97% since its launch. We have a few things going on here: On the bearish: 1) Price is trading below the ema ribbon, and even then the spread of the ribbon is not offering a whole lot of resistance but it is there. 2) The red ichimoku cloud spans around 80% above our current price action. XCH will have to...
Hello, everyone! Last time there are a lot of hype around the Chia Network. A lot of people bought this coin and if we take a look at the chart – most of them lost their money. The XCH is in free fall for a long time yet. But I suppose that the trend reverse can be soon. What is the only one way to catch the bottom? The true divergence for sure! We can see MACD...
XCH is falling sharply and the support zone that can stop this drop of XCH is the $115 zone, where XCH could rally sharply to the $140, $170 and $200 zones in December. But if it continues to hit If we lose this zone, we will wait to buy back at the $100 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 115$ zone 🔴Buy : 115 🔴Sell : 140 - 170 - 200 📉BLUE...
Have you guys noticed that there isn't any video NFTs out there? That's because there's nowhere to store them right now on the blockchain. STORJ ($STORJ) has done well this year due to the fact that people are seeking decentralized storage systems due to massive demand for #NFTs. Filecoin ($FIL) has yet to make a move but in my opinion that's because they're...
It broke the descending wedge and starts its move. TPs are on the chart
Hello my friends, A multi timeframe analysis of Chia and a long term vision for investment. The price had a very deep correction and now is in the side area. So If the price breakup the major resistance and usually after that at pullback to level as a retest, will good point to buy. Totally I expect price growth and investing for 1 year. You can consider it and...
Chia forming clear cup and handle on daily with volume corresponding to chart pattern, pattern also coincides with start of Chia x Sirus Labs Hackathon on the 9th of August Enter position within the annotated range TP 1 : ~390 TP 2 : ~540 SL : 215
Welcome back Traders, Investors, and Community! Hi Traders, XCHUSDT on H4 if we get a clear Breakout above the Resistance then on the lower TF we can look fo potential entries. ⬆️Buy at Resistance Breakout or Buy at 200 ⭕️SL @ 190 ✅TP1 @ 245 ✅TP2 @ 270 ✅TP3 @ 320 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really...