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Crytocurrency

Ethereum’s Half Trillion Dollar Bullish SignalCryptocurrency market research firm IntoTheBlock has just revealed that more than $500 billion worth in Ethereum (ETH) have been pulled out from major crypto exchanges in the past 72 hours. According to the firm’s data, the year’s largest outflow consisting of 180,000 ETH with an average price of $2,750 occurred on Tuesday, a figure that also represents Ether’s greatest aggregated exchange outflow since October. IntoTheBlock explains that the occurrence, which also includes 190,000 ETH deposited into Lido platform’s Ether liquid staking, is a bullish sign for the price of ETH given that when such outflows have taken place in the past, the crypto has jumped by 15% in 10 days.
COINBASE:ETHUSD
by surrebuttingtwo
ETH/MYR - APPROACHING DEMAND ZONEHappy Weekends to all the Traders out there. It's been a while that I've been stop doing analysis in the market. This is my first analysis on Ethereum pairing with MYR. What I got here is a bullish Alt Bat formed in Daily timeframe. So it means that there's a potential for this pair will have a rebound on bullish reversal. This is the plan I'm gonna do for this opportunity. 1> wait for a pin candle to form with higher volume compares to the average. 2> price action of the candle react a bullish divergence in oscillator indicator within the PRZ. 3> put an order after the price piercing thru the dash trend line. 4> go for the 1st target price of MYR 13669.05. Just in case the the plan does not happen if the price breach below 7188.74 region, this opportunity will be consider void. We shall see. Signing Out.
ELong
by FXCruZaDer82
This maybe the BITCOIN'S next move!!!A strong support is waiting at $42200 area, the downward trend is in making in 1 hr time frame. 1. In Binance: Huge buying pressure is at $45000 and$44000 area which can give short pump in alt coins but if trend line broke downward then $42000 is coming for sure. 2. Bitcoin dominance is increasing, so it's better to take long and short positions only in Bitcoin for safer side. Max Leverage 3X with strong risk management. Be-aware of whales as they will eat your portfolio and pump theirs! We need to close above 50K zone for next rally!
by PushpitGrover
Bitcoin - Bullish Scenario! Huge Opportunity!Hello All! Here we can see the bullish scenario for the Bitcoin price. Looking at past history we can see the falling wedge is a powerful formation for the Bitcoin price which can lead to a huge rise in the price. We can also see a small bullish divergence that has acted before as a start in a bullish run at the bottom of the falling wedge. For Traders, it is best to wait for a break in our resistance zone before initiating long positions. As for investors now would not be a good time to sell as we have not broker structure yet. To view the bearish scenario and how to trade it view our previous post. Also, view our post on how to catch the top and bottom of the Bitcoin price to help you master swing trading the bitcoin price action.
COINBASE:BTCUSDLong
by GenesisGo
Binance Coin Price Analysis — December 13Along with the rest of the crypto market, Binance Coin (BNB) continues to trade in a sideways momentum on Monday as market uncertainty remains unabated. The third-largest cryptocurrency has traded between $600 and $540 for most of December, following its descent from $650. That said, I expect to see a fresh influx of momentum and trading volume this week, which should help BNB break above the 50 SMA line at $570, a critical near-term juncture. Furthermore, the primary target for bulls is the $600 top, where a confluence of resistance lines resides. Regardless, a sustained fall below the $540 support remains unlikely as we head into the end of the year. Meanwhile, my resistance levels are $580, $600, and $620, and my support levels are $540, $520, and $500. Total Market Capitalization: $2.25 trillion Binance Coin Market Capitalization: $93 billion Binance Coin Dominance: 4.14% Market Rank: #3
B
by Mr_Wogbe_Alex
AVAXUSDT - Buy it with TP/SLBYBIT:AVAXUSDT 1H trend chart - AVAX has broken out the descending wedge, so it's a nice timing for long Our trading strategy as below. - Profit Targets: a) 96.53----Fib(1) b) 101.879~104.030----Fib(1.272~1.382) c) 108.665----Fib(1.618) d) 116.165----Fib(2) Stop losses: a) 88.365-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
2
HIVE - Good Opportunity For Long --------------------- HIVEUSDT - Daily --------------------- The price has broken a very good trend. It can be the best entry point in the pullback. In terms of wave count, we are in wave 3. If the price accelerates, the second target is available. Everything will depend on the market situation But I think we will see the second target. Maybe after hitting the first target, the price will move in an increasing triangle. And after passing the first target, the price will reach the second target. But this can only be an idea. But now, The data of the first target is stronger than the second target. And it is more likely to happen. And the price forecast may not be very interesting. And it is better to consider the first target based on the current data. After the price reaches the first target (of course, if the analysis is correct and the pullback is done well), we will review the chart again. The last point is that: If we do not have a heavy crush on bitcoin We will have very good growth in the chart. and for this reason. Altcoin trading may be a bit risky. So to enter this trade, please also consider the bitcoin movement.
Long
by DisIts
2