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Axie Infinity was OVERHYPED, and I'm SHORTING it!Without getting into too much detail, I was one of the losers that jumped onto the Axie Infinity hype way too late. And I got burned. Now I want my money back and I'm shorting it. It's a terrible game in my opinion. It's performing much worse than the rest of crypto and is sitting at supply. I see two things happening. A big drop here from 6.661, or an extra pump up to 7.5, sweep, and a big drop back to new lows. KUCOIN:AXSUSDT to the ground :/ This post is intended for education only. It is hypothetical and by no means financial advice. Trading is risky and consultation with your financial advisor is always recommended prior to investing or trading.
Short
by thetradedoc
UPDATE: XRP "noy security" reached first target at 0.7018 XRP formed a large W Formation. The last update I did was waiting for a breakout. We got the breakout and told you this would be a medium to long term trade. But this was unexpected. The price rallied to the first target and even higher. This was after a judge in the Southern District of New York ruled that it’s “not necessarily a security on its face. Does this mean XRP and other altcoins may soon be deemed commodities? Will this change the very essence of crypto currencies face value? Now I don't know what to do with it. The trend is up, the confidence is up, but we have seen this before with sudden spikes. Either it turns into a Bubble, comes down to retest a support or continues up. I need more data before we can make any decisions. It's ok to close half positions here, raise stop above breakeven and then let it continue to rally. What do you think?
Long
by Timonrosso
From Sunny Skies 🌞 to Cloudy Days ☁️: What's Next for XRP?Sunny trading conditions lie ahead for the global crypto market in the next 24 hours 🌞, thanks to a landmark court ruling in the US benefiting the entire crypto universe. A slightly bullish market with upside potential is thus likely. Over a one-week horizon, the sun will continue to shine ☀️ over the crypto universe, though XRP may face some clouds ☁️ and a potential downward trend as investors cash in their profits. Follow us for more crypto weather reports!
by ATTMO
1-Week Forecast: BTC, BNB, ADA ☀️ ETH, XRP ☁️? The sun keeps shining ☀️ on the global cryptosphere, promising a slightly bullish market with upside potential in the next 24 hours. However, Ripple’s XRP and Polygon’s Matic encounter some clouds ☁️, signaling a potential downside trend. Looking ahead over the next week, the forecast is mixed with cloudy weather ☁️ for altcoins like Ether, Litecoin, XRP, and Matic. On the other hand, Bitcoin, Binance, and Cardano enjoy sunnier trading conditions ☀️, suggesting a continued upside potential. Follow us for more crypto weather insights!
BITSTAMP:BTCUSD
by ATTMO
MATIC, XRP ☁️;BTC, BNB, ADA ☀️?The sun keeps shining ☀️ on the global cryptosphere, promising a slightly bullish market with upside potential in the next 24 hours. However, Ripple’s XRP and Polygon’s Matic encounter some clouds ☁️, signaling a potential downside trend. Looking ahead over the next week, the forecast is mixed with cloudy weather ☁️ for altcoins like Ether, Litecoin, XRP, and Matic. On the other hand, Bitcoin, Binance, and Cardano enjoy sunnier trading conditions ☀️, suggesting a continued upside potential. Follow us for more crypto weather insights!
M
by ATTMO
BTC, BNB Shine Bright ☀️ XRP, ETH, LTC Face ☁️ Conditions?The crypto summer will be back in the next 24 hours, bringing sunny trading conditions to most of the crypto universe. This translates into a slightly bullish market with upside potential. ☀️📈 Over the course of the next week, the forecast is mixed. Sun is predicted for Bitcoin and Binance, indicating positive outlooks for these cryptocurrencies. ☀️💪 However, other altcoins like Ether, Litecoin, and XRP are expected to face cloudy weather with occasional sunny spells during this period, implying a slightly bearish market with downside risk. ☁️ Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
BTC - Sunny Outlook ☀️; XRP, ETH, LTC - ☁️ Looming? The sun is back and shines on the global crypto market ☀️, signaling a slightly bullish market with upside potential in the next 24 hours. XRP, however, faces cloudier trading conditions ☁️, indicating a slightly bearish market with downside risk. Over a one-week horizon, the conditions are mixed with continued sun over Bitcoin and Binance. Other altcoins such as Ether and Litecoin are likely to face less favorable trading conditions, according to ATTMO forecasts. Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
☀️ Shines on the Market, But XRP Faces ☁️ OutlookThe sun is back and shines on the global crypto market ☀️, signaling a slightly bullish market with upside potential in the next 24 hours. XRP, however, faces cloudier trading conditions ☁️, indicating a slightly bearish market with downside risk. Over a one-week horizon, the conditions are mixed with continued sun over Bitcoin and Binance. Other altcoins such as Ether and Litecoin are likely to face less favorable trading conditions, according to ATTMO forecasts. Follow us for more crypto weather reports!
by ATTMO
Artificial(AI) Transact in Bitcoin will explode BTC TO NEW HIGHSWhales can give BTC an unexpected breakout as we have not before seen it in 2023 Lightning Labs Unveils Toolkit to Enable AI Transact in Bitcoin And it seems this can give BTC new power to increase, former BitMEX CEO Arthur Hayes presents a compelling argument for why Bitcoin could become the preferred currency for artificial intelligence (AI). Hayes’ reasoning is rooted in the unique characteristics of Bitcoin and the specific needs of AI. We have seen already some movements on OCEAN, AS MDT can follow also. The new hype of AI could start and BTC with this trend is able to explode. the newly released toolkit assists AI applications such as OpenAI’s ChatGPT to interact with the Bitcoin network to send, receive, and hold the crypto-asset. Lightning Labs explained that the new tools are built on a Lightning native authentication mechanism – L402 protocol. It also uses a popular library called “Langchain.” Interesting to follow how this will go further as also Retailers buying more bitcoin than miners can supply and further Hong Kong’s Hashkey Pro to Expand Cryptocurrency Services for Retail Investors.
Long
by Goldenbreakout
1
BNB & BTC: Rain☔️ Now, Sun ☀️ Next Week? Cloudy ☁️ and even rainy ☔️ trading conditions lie ahead for the global crypto market in the next 24 hours. This translates into a bearish market with downside risk. Over a one-week horizon, the sun ☀️ should return indicating a slightly bullish market with upside potential for Bitcoin and Binance. The other altcoins won’t benefit from this change and will continue to be under pressure, ATTMO forecasts show. Follow us for more crypto weather reports!
by ATTMO
BTC ☔️, Alts Under Pressure. Is the ☀️ Set to Return Next Week? Cloudy ☁️ and even rainy ☔️ trading conditions lie ahead for the global crypto market in the next 24 hours. This translates into a bearish market with downside risk. Over a one-week horizon, the sun ☀️ should return indicating a slightly bullish market with upside potential for Bitcoin and Binance. The other altcoins won’t benefit from this change and will continue to be under pressure, ATTMO forecasts show. Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
Ethereum -> Better Than Bitcoin?Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪 If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so there is a chance that from here we will start the next crypto bullrun. The weekly timeframe on Ethereum is clearly bullish with Ethereum trading in a decent rising channel and now sitting at the support trendline so I simply do expect a weekly push higher. But as you can currently see, the daily timeframe on Ethereum is not looking that strong at all - therefore I am waiting for Ethereum to break above the daily $1950 resistance level and then we are also back to a daily bullish market. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
BITSTAMP:ETHUSDLong
by basictradingtv
27
Bitcoin -> Shaking Buyers And SellersHello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪 A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected. Furthermore you can also see that weekly market structure is bullish with Bitcoin creating higher highs and higher lows so there is no reason why Bitcoin should actually reject the previous resistance zone once again towards the downside. With Bitcoin trading in a daily range at the moment there is nothing too interesting to trade at the moment so it is best to wait for a bullish breakout before we could then see another major move towards the upside. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
BITSTAMP:BTCUSDLong
by basictradingtv
46
Bitcoin Its IMO highly likely you get some sort of scenario like this over the next few months and into this winter. Once we break that $32- BER:33K level there really isn't any R until the $37k range and its HIGHLY unlikely we go up there and smash through with a real pullback which we have yet to have for a while now. You need that kind of FAST and DRAMATIC pullback that causes some capitulation as well as panic in the streets and on CT/YouTube etc. BUT in the BIG picture this is stage 1one of the BULL IMO. I think that $15k range is/WAS the BOTTOM. I highly doubt anyone gets a chance for re entry down there. Its highly unlikely you ever see $20k again. I think ther closest you get to it is the $22-$24k range which most likely also will not happen for most and the BEST you can HOPE for is catching a retest to FWB:25K range. IMO most will be LUCKY to ever catch Bitcoin again under $28k I will HAPPILY be wrong and WAITING to buy MORE. UNLESS they can actually crash Binance AND other FUD at SAME time i don't see sub $20k EVER coming again. Even with WAR and stock market crash.
BITSTAMP:BTCUSD
by rarebreed29
🌧️ 24 Hours, But Bright Week Ahead For BTC, BNB; XRP, ETH? 🤔 Clouds ☁️ and rain 🌧️ ahead for the global crypto market in the next 24 hours, signaling a slightly bearish market with downside risk. The additional rate hikes looming in the US make investors 💰 cash in on their profits. Over a one-week horizon, the sun ☀️ will return on Bitcoin and Binance, translating into a slightly bullish market with upside potential. Other altcoins such as Ether and XRP won't profit from this upward trend and are likely to continue to face downward pressure over the coming week. Follow us for more crypto weather insights!
BITSTAMP:BTCUSD
by ATTMO
XRP, BNB 🌧️ In the Next 24H! ETH, DOGE, LTC 1-Week Outlook ☁️? The sun will continue to shine over the global crypto market 🌞 , overall signaling a slightly bullish market with upside potential in the next 24 hours. Binance and XRP ☔️ buck this positive trend, with a downtrend likely. Over a one-week horizon, the forecast is mixed with the positive trend continuing for Bitcoin. Other altcoins, such as Ethereum, Dogecoin, XRP, and Litecoin, may face cloudy days ☁️, indicating a bear market with a slight downward trend. 📉 Follow us for more crypto weather insights!
Short
by ATTMO