Crpto
Reversed Gann 185k Cycle Top (Bitcoin)Out of all the cycle top ideas I have published this is the one where things seem to line up together pretty well. Its unreal really how everything lines up, FIbonacci Time Zones , the Genesis line (click link below to see) , the 4/1 ratio at 20k.
Everything points to 185k Sometime in early January 2022
ibb.co = Genesis Line
buy BTC againDear traders BTC didn't move as I planned but no problem it gave us something bigger, a huge opportunity to make great profits.
this move happened because it is weekend also we needed to liquidate some retail and futures traders that's it.
BTC has strong support between 48000_50000$.
48000_56000$ is a great zone to buy more just try to manage your portfolio and use partial entries to lower your risk.
funding rates are now ok and this massive liquidity near 10B$ will help BTC take off don't panic and behave like retail traders behave like a real trader.
Buy BTC and large market cap alts( LTC,ETH,DOT) and make massive gains if not You will regret it.
BTC will make a massive bullish move toward 68000_72000$ zone make sure you have enough BTC and(LTC,ETH) in your bag.
here is not the top at all here is the opportunity for big bullish move.
institutions are not selling at all be wise and make the right choice.
please LIKE and FOLLOW me.
ETHTF: 15 Min
Interesting area for ETH on shorter TFs. Price may want to drop some more here given the fact it fell out of the corrective channel; however, an inverse H and S may be developing, which would make the pair break to the upside a bit. If price can hold under $1660, then I think it sell off.
Icon (ICX) To $31.50 by Middle of July.Hello everyone. I wanted to lay out my thoughts on ICX and where it will be going in the next 4 months.
Currently Icon (ICX) is valued at $1.75 or around there.
I believe Icon will be valued at near $32 by the summer. I have a few things to back this sentiment up. This will take some time and explaining. So if you want to grab some popcorn or something.
First things first, the W%R I believe it will stay supported until the summer. The reason for the support is the continuous work on the platform. Anything above the -20 is considered over valued, but when an asset like icon is
still undervalued it can and will stay up there until a trend reversal happens. I believe that this trend will persist through the summer for the following reasons.
Balanced DOA weekly Airdrip.
ICX scarcity.
ICX Defi.
ICX staking.
South Korean retailer Danal.
The Balanced coin is to be distributed to ICX staking participants weekly starting some time in March. The protocol acts as a debt/collateral loan that generates weekly interest.
In order to collect interest you must first stake ICX on the verified wallets. You must have a collateral to loan ratio of 4/1. So for every $400 you will get a loan of 100 balanced tokens.
These tokens will generate interest over time. And they can be swapped for the pegged value of both digital and physical assets, through the DOA technology. This alone is huge, but isn't all that needs to be considered.
If you have time and are this far, I recommend reading the white paper of the Balanced coin here. balanced.network
ICX Scarcity. There is a circulating supply of 525M icx. As of writing this, it's market cap is close to that of $900M just under a $1B market cap. At the value I believe the coin will go to, $32
the market cap of ICON would be closer to $16.8 Billion USD. This would put it at a similar market cap of ETH when it was $160. Why am I comparing it to ETH? Because it has similar functions.
The ability to build native tokens on its network. ICX actually has just gone through an award adjustment. The more icx that gets staked the less icx there will be split between everyone.
Icx will become more and more scarce as more people start staking. You can see how much you could earn monthly and how much is staked on the network here. icxstakr.io
Icon just last week released their Icon-Fi wallet. Allowing you to stake and generate interest on USDC, BTC, and ETH and of course...ICX. The returns need a minimum of 0.01 BTC and 0.5 ETH before interest is generated.
I'm not sure why but no one is talking about this, but I feel like by itself icon should be up there with AAVE and uniswap alone. Given how absolutely insane ETH gas prices are, that is probably the reason. No one wants to move
their assets around on ETH. The gas price is just to high.
As for staking the ICX token, I have talked about it already but every coin staked takes 8 days to become un-staked. So it does take time through the network but that's why the first point with the balanced coin is so important.
seriously. If you have the time to read this. You probably have time to read that white paper. I'll post it one more time right here. balanced.network Alternatively if it's late where you are
just buy some ICX and go to bed and don't just hold it, stake it and get ready to collect your balanced coins.
My last point that I am bullish on is the South Korean retailer Danal. They do $5.5 B worth of sales from 60,000 shops in Korea including 7-11 gas-station, Domino's Pizza, and KFC. Currently on the Korean iOS store paycoin, the application used
from Danal Korea is number #4 and growing on the free to use applications service. The number one application is upbit the largest Korean crypto exchange. The acceleration is coming, and I hope you all don't miss it. www.cryptoninjas.net
Anyways those are my thoughts and feelings on the subject. The charts a bit messy, but for the most part we will be going through the parallel channel and being stopped by the rainbow of fib resistances on the way up. Hope you all enjoyed the reading. Peace out.
Retest of broken trend line (rising wedge pattern) bearish (BTC)After rejecting $50,000 and dropping more than $5000 there's a chance it may take a few weeks to break the big psychological resistance level, however there's still the chance this is the dip and now we're headed towards $55,500.
We've seen a relief pump since the drop and I'm expecting more downside after retesting the broken trend line, if $47,222 holds we can discuss long options, but until that happens I've decided to take a bearish scalp from the $48,000 level (give or take)
Will post an attachment to this post when I've closed the trade.
Please get this technical analysis to 30+ likes to unlock more content! 👍
BTC vs CMEThe CME gap at 24000 would put it at 39% from all time high , that's in line with historical pull backs from the last bull run.
Will the CME gap close yet again?
In the short term, any price impact caused by a hefty purchase in the futures market will be quickly arbitraged away in the spot market, causing prices to converge. But this could just as well happen if the hefty purchase were to occur in the spot market first.
Time and time again we see these triangles play out in bitcoin here is a TA from 2019 same pattern just on a Marco level.
XRP Bullish PennantUpdate:
We fell out the bear flag, successful short, however that leg is finished for now having a solid bounce from 0.53ish
The next move is around this pennant
We either break upwards which could send us to re-test the most recent high of 0.80, or we fall out the bottom and create a huge descending triangle with the major level 0.46 as the bottom line
From that we could move either way also, but most likely up due to the current fundamental strength!
If we loose the pennant I may look to close some positions and anticipate we drop to around 0.46 where I would re-enter!
#bullorbear
Golden Trendline Maybe its to early to call a direction of bitcoin since its only hit yearly high just under a week ago so there is no clear pattern formation just yet but lets keep in mind that
alternative.me
Fear and Greed Index showing a 90 one of the highest recorded numbers .
We also hit the top of a log growth band and last time that happened the top of the band was 12500.
With January and March being historically bad months for bitcoin there is a high chance we see a long correction play out before the official bull run starts with bitcoin and that month is April 2021.
The last time bitcoin had positive growth in January was 2013 and in December 2017 , January has an average of 3.5% growth since its inception and March 3.1% .
There is a possibility of a Fake out scenario before the end of they year , if the price of bitcoin breaks out above 16000 expect a huge Fake out from about 16500 to 18500.
This golden trendline is just below the main log growth band its a money trendline you can make money of this trendline just look how many times we have rallied off it.
Four times in under two years and the last rally in September was just off the trendline too much buying pressure under 10000 to rally off it or are too many traders looking at this trendline? , normally when we are all looking at the same trendline or movement price does something unexpected.
The question is will it do the same 4th or 5th time?
The 62 Day Volatility Theory The 2D candle of the Historical Volatility Percentile has been a very good indicator at seeing big multi thousand dollar moves and showing you a time frame of when you can potentially expect it.
This theory is pretty straight forward ,
When the Volatility drops under the ratio of under 15 on average after 62 days we can see plus 50% moves there is also this impulse trend-line as you can see in orange when these 50% plus moves trigger .
Right now we are at day 52 under the ratio of 15 , day 62 would put it on the week of August 24th of this month , there is high probability that this move will be around 6000 dollars putting where my previous TA suggests of ATH of 2020 at around 18000 dollars in the first week of December 2020 .
Keep in mind that this indicator doesn't show you the direction of the move only that a big move is coming so dropping 50% puts it under a 6000 dollar bitcoin and it's possible that can happen but at this moment in time highly unlikely unless another black swan event of some kind.
Link ChatIm not going to speak like all the confident traders making bad calls but this is one way I see it
This is another long term way I see it.
The big question is. are we hitting 10 bucks or not. We got whale alerts. we got 2020 doing thangs. we got partnerships. we got greed. we got fomo. we got mistakes to learn from.
im selling
33 percent at 8.50
15 percent at 9.00
15 percent at 9.40
15 percent at 9.98
and piss the profits I could be using fo taxes
that reminds me. today is the last day to get them in. cheers.
Is Artificial Intelligence the next BUBBLE? Singularity 10X!Technical Analysis:
The sideways movement and the Accumulation/Distribution shows it is clearly in an accumulation zone where interest and volume is rising. We can see that there are no strong divergences with the potential upside on the candles and the volume- therefore, it gives us a signal that this is a high volume/institutional BUY AREA.
It is approaching a strong resistance, thus it can flip to the downside which would present a good buying opportunity or if it breakouts we can treat this as a breakout-trade.
Fundamental Analysis:
Institutional interest in Artificial Intelligence is rising with Singularity perhaps being one of the strongest projects in the space as they have developed several Artificial Intelligence projects such as their trading algorithms, therefore when the AI Boom does come around which is soon, Singularity will be part of the wave.
Hit the LIKE/SHARE button and COMMENT to discuss and add to the idea!
See you soon, trade safe
-Megalodon Sharks