Cryptocurency
Efinity cup and handleEfinity formed a nice cup and handle pattern on a daily time frame. I just bought more Efinity. Price target from this pattern is at around 3,00$.
#ETH - ETH to Hit Bottom of Bollinger Bands and then BounceA likely scenario I see is ETH hitting the bottom of the Bollinger Band and then bouncing off of it and going to the top of the band. The bands will continue to tighten, which usually indicate a big move is coming. ETH could then break to the upside of Bollinger Bands and see new ATH's. This might all play out in the next few weeks.
BTCUSD LONG Fibonacci extensions for intraday trading $BTCUSDThese are the Fibonacci retracements I am watching for BTCUSD today :
N1: 38790
N2: 38135
N3: 37076
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (35612)
TP could be @ Fibo level 0 (39849)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
Origin Protocol 128% Move to $4Updated: 27/04/21
Origin Protocol 128% Move to $4 @ 127.20% Fibonacci level from Buy Zone 1. Since our Buy Script triggered a Buy Signal on the 27th March, Origin Protocol continued to rise for 13 days to an ATH of $3.36, which is just over 280% Gain. OGN has had a healthy retracement bouncing from the 38.20% Fibs from this impulsive move which saw OGN grow from $0.78 to $3.36 in just under 2 weeks. Use Buy Zone to map out your buys. Happy Trading :)
Siacoin (SC) Potentially Going On Coinbase, NEWS!Hey friends, we like Siacoin (SC) right?
We've been following this altcoin pair and trading it even before we came on Trading View... In fact, Siacoin was one of the first altcoins I ever bought together with Litecoin and Digibyte...
One of my friends here on Trading View sent me the following link, this is can be of interest to all of the Siacoin holders and more.
"Coinbase’s goal is to offer support for all assets that meet our technical standards and which comply with applicable laws. Over time we expect our customers around the world will have access through Coinbase platforms to at least 90% of the aggregate market cap of all digital assets in circulation."
"These new assets include, in alphabetical order: Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol, Ren, Render Network, Siacoin* , SKALE Network, Synthetix, and VeChain."
You can read the full article here: blog.coinbase.com
What's your take?
Many other strong altcoins are also on this list... Please share your thoughts and any additional information you might have in the comments section below... All input is welcome and highly appreciated.
Namaste.
BTC bullish move
Bitcoin overperformed my bullish targets and pumped to 7800. Showing week chart to understand what's going on. First resistance zone left after November/December 2019 is the one that stopped the pump now. Next will be zone between 8000 and 8200 (roughly). Can be hit within this week. But since any major BTC move requires decent amount of liquidations, I believe it is possible that before halving Bitcoin will pull back to 7170 or 6400 again.
Resistance: 8050 - 8200 - 8300 - 8550
Support: 7300 - 7170 - 6855 - 6625
P.S. 17 days and 22 hours till halving. Don't expect price to pump on the same day. It never did before. After halving there might be a month of consolidation and uncertainty, before it start growing.