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Cryprocurrency

GBPUSD Short idea reentryGood Morning everyone, in case you missed it my short position from yesterday is in profit about 70 pips right now. It’s not too late to secure an entry. Currently price is sitting around 1.37500. If this level can hold then price could make its way back up to 1.38000. This is an area where i will be taking another short position with a stop loss at 1.38175. Long range take profit for me is 1.36500. This is one of many updates to come for GBPUSD. If you like this idea and it lines up with your own technical analysis don’t be afraid just hop in the trade. Please like, comment, and follow. Happy trading everyone
Short
by kamaricolmn
1
VET - is going to break this trend line🚀🚀Most coins show the same pattern on the graph. Almost all altcoins are near the trend line . A break or retest would be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
10
ETHUSDT 2 August Time frame: 1DHi traders and welcome to my channel ... Ethusdt is still in a range in the daily chart but as you can see price create W pattern and I think it’s going to pull back to the neckline around 2232.80 for first entry and 2173.43 as second entry then up to next level of resistance area at 2992.58 and 3397.70 for long position For short position if price breaks 1706 TP1:1585.50 TP2:1466.20 TP3:1220 *Support this Idea with a like or Comments if you find it useful* Good luck guys and be careful Thank you ________________________________⠀ DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only
by saeedmp
4
BTCUSDT Analysis UpdateHi, traders! Today we will tell you about the Bitcoin and give you our point of view with regards of this token. Well, we still bullish. We still believe that BTC is able to push the limits more and more and show the world the power of crypto. So, let’s go beyond words. Not so long ago Tesla sold 10% of the company’s BNC deposit. Some people found as an act of fear of Musk. However, let’s dig deeper. 10% is considered to be very small part of their BTC deposit. Moreover, we find it a way to gain money fast, because they need them to report to investors. As you see market has showed no reaction on it. Let’s have a look on the chart. At the first sight it seems to be choppy. However, we see a great support levels of previous price action demonstrated by Fiba Retracement levels and EMA. Thus, we are sure that probability of further growth is extremely high. Here are some scenarios of probable price action. Scenario A Short-term consolidation between 0.382 and 0.5 Fibonacci levels and further growth with mid-term consolidation in “golden pocket” (between 0.5 and 0.618 Fibonacci levels) with break out over the 0.618 and even higher. Scenario B Bears will have a small win and the price will go down to 0.382 and lower. On these levels lots of alerts are pointed, that’s why the price will anyway reject from these levels and pump. DISCLAMER : Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
PayPal's impact: what does the future hold for BTC?
Bitcoin has grown more than 100% since the beginning of 2021 (at the time of writing). Recently the price hit a new high of over $60,000. The question is, what does the future hold for BTC?
 Bitcoin has a market cap of $1,103,674,128,271, and the circulating supply is currently at 18,670,806 BTC out of the maximum supply of 21 million. $64,470,007,038 worth of BTC has been traded in the last 24 hours (as of April 1st, 2021). The latest driver that pushed BTC price up was news from PayPal, which announced their new service PayPal’s Checkout. It will allow bitcoin (BTC), ether (ETH), bitcoin cash (BCH) and Litecoin (LTC) to be seamlessly converted into US dollars or other fiat currencies when making purchases, similar to how a credit or debit card would work inside a PayPal wallet. In October 2020, PayPal added the ability to buy, hold and sell cryptocurrency, so crypto-assets became a payment method for the 29 million or so online merchants connected to the fintech giant. Since introducing the crypto service, PayPal has increased weekly purchase limits two times, first from $10,000 to $15,000 and then to $20,000. Checkout service by PayPal is the next chapter in driving the mainstream adoption of cryptocurrencies, promoting its ubiquity and mass acceptance and enabling making purchases with it at businesses around the world. This news has had a positive impact on BTC price, as far as providing an opportunity for society to use crypto easily and more actively.
 BTC/USD price is still primed for an upward move. However, since reaching its last all-time high (US$61788 on 13 March 2021), it has retraced below US$51,000, which was one of the strong resistance levels on its way up. This means that the price could again linger under this level as significant resistance. The following are major support and resistance levels that traders should keep in mind: Resistance Level (R2): 61485; Resistance Level (R1): 59412; Support Level (S1): 56478; Support Level (S2): 54095; Support Level (S3): 50988. There is increasing positivity around cryptocurrency and Bitcoin. Visa announced this week that it is testing out payment functionality using USDC stablecoin, a cryptocurrency held at parity with USD, on the Ethereum blockchain, via crypto-backed Visa cards. Massive institutional adoption by companies like PayPal, Visa, MicroStrategy, Tesla, Square, and many other projects is a fact in favor of the price going much higher than it is now. However, this is not investment advice, and you should make decisions solely based on your study of the market and how much risk you are willing to take. Olga Prokhorova, VRM trade
COINBASE:BTCUSD
by VRMtrade