Cryoto
ETH/USDT Analysis 3000$Has completed the double bottom pattern price.The price after the pullback to the neckline of the pattern can rise up to $ 3,000. It has also broken the downtrend line. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
BTC - Ready To TakeoffHi, this is my new update for BTC. Finally we are seeing green candles in BTC. Right now we are above the 50 weeks moving average, I hope we close the candle above it on Sunday and we have broken one of the most important trend line in the RSI chart and that indicates we are going to takeoff soon. The first major stop for BTC is between $34500-35000, because we have both a resistance and the 50SMA and once we break those levels we are going to test the resistance $40000. I also expect we are going to do 50% to 70% retracement, but if we want to break ATH we have to break these levels and I think they are strong. So be cautious.
What will be #ETH without miners? ETH will merge and will be no longer minable in a few months, with a fakebull and a big Bear Market on the door, ETH its not doing great.
I am waiting that “merge“ time to see if ETH will perform more better or will be a disaster.
I dont care aboute the price of ETH, but i think a decentralized network proof of work its more better and secured that the new proof of stake where that validators have the hole network in theyr hands.
For me the Code is Law and proof of work the absolute power and security.
MATIC/USDT (SHORT POSITION) with last confirmation.Entry: $1.648-$1.652 (I have lowered the entries as you will see this post later)
Stop Loss: $1.736
Take Profit: $1.416, $1.357
Analysis: Blue line is the support that has been tested few times. I believe you know that I was planning to short it but I was waiting for the last confirmation which will be the fakeout from my resistance line (Purple). Logically, we should wait for this 4 candle to close before entering the trade but I decided to enter the trade earlier as the selling pressure is getting higher.
Bearish Signs: Lower Highs, Triple Bottom, Fakeout( To be confirmed) and lower volume.
All the best. Stay close and ask me if you need anything by commenting below.
ALT SZN OVER - BITCOIN DOMINANCE SPIKE Bitcoin dominance has been in decline for months and nearly hit its all time low in market cap dominance %, but now that the atl coin hype cycle bubble is popping the king bitcoin has seen a 10% resurgence in dominance in the last few days. This dosen't necessarily mean that money will flow back into bitcoin which will take it to new highs but it does mean that alts will be getting crushed against the BTC pair. Good luck @meauxgreen
probable scenario for the BTC/USDT pairLet’s make a brief review about BTC/USDT crypto pair. Yesterday we could observe quite rapid BTC decrease: the price stopped at about $29 000 per coin. Today we all noticed that BTC has local uptrend which is slowly approaching a strong price level at $42 000. And further BTC growth depends on how the value will fluctuate near this price level.
IQEON/USDT interesting ideaToday I'm going to talk about IQN/USDT pair. We know IQN project as an amusing game platform where everyone can play different games and earn IQN tokens. I also like to play games from time to time.
Moreover I like to collect IQN tokens because they are going to grow up soon, as far as I can see from the charts on HitBTC. That's why I decided to make this short review about this pair one more time.
Well, today we can see that the price is located near $2.68. But this situation happened due to the BTC downtrend influence. And now BTC slowly restores its positons and starts growing up from this deep correction. I guess that this growth will have positive impact on altcoins and on IQN token as well.
BTC-USD towards 30,245!Been tracking BTC-USD since last few weeks, when the first important support was broken at around 47,969.. I was sure that my next target of 42,851 is not too far away and now it has successfully surpassed this major support as well in a very rapid and short span of time which suggest that my next target of 30,245 is not too far away obviously its going to take some time to reach but by looking at the intensity of Elon Musk's tweets it may hit soon..
Crisp, Clean and Comprehensive Analysis based purely on S&R levels..nothing else!