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Crytpocurrency

BTC dominance pushback soon?!Bitcoin has been dominated recently by a huge influx of alt price increases while the price of BTC has steadied. However, it looks like a pushback is right around the corner in the next few days based on the current trends. On the one hand, there is a horizontal parallel channel that has continued since the beginning of 2019 (blue dashed lines)! On the other hand however, if support breaks, there is another parallel channel of roughly equal size that started in 2020 and solidified itself in 2021 (red dashed lines)! It looks like both channels have a fairly solid chance of taking over, but since we are approaching their crossing, it looks like that bitcoin will take over in the short term. This leaves me with two questions: 1. Will bitcoin take over in the in the relationship after the bounce for the next few months? 2. Will a short term bounce occur (and potentially continue) because BTC increases at a faster rate or due to a drop that takes every alt with it? Please like if you agree and leave a comment with your thoughts/theories! It looks like we shall likely find out which way the trend heads over the next few days, but definitely something of which to be aware!
CRYPTOCAP:BTC.D
by crypto_trends
1
Dogecoin $DOGEUSDT PT .20 and higherDOGE Rides Crypto Wave to New All-Time High Prior to Coinbase Nasdaq Listing Dogecoin doesn't trade on Coinbase but it has rallied ahead of the exchange's shares trading on the Nasdaq. Apr 14, 2021 at 10:38 a.m. EDT Dogecoin, the popular meme cryptocurrency created in 2013, rallied for two straight days to a new all-time high during early trading hours in the U.S. on Tuesday. This happened as bitcoin and ether also surged to new record prices on the same day that crypto exchange giant Coinbase started trading on Nasdaq. At press time, dogecoin (DOGE, +44.46%) was changing hands at $0.13, up 68.0% in the past 24 hours, according to CoinDesk 20. On Messari, dogecoin's market capitalization has also surpassed that of bitcoin cash (BCH, +14.77%) and chainlink (LINK, +15.93%), now being ranked as the 10th most valued cryptocurrency. Messari's data also shows that there are 100 cryptocurrencies with at least $1 billion market capitalization, as the global crypto market now values at around $2.22 trillion. The staggering gains across the crypto market came in the leadup to Coinbase's direct listing. “The Coinbase hype within crypto, in terms of valuation and its domino effect on other markets” means Wednesday’s direct listing might become “a key catalyst event,” Singapore-based crypto quant firm QCP Capital wrote Monday on its Telegram channel. Notably, at the time of writing, dogecoin is not listed on Coinbase. The sudden price rise of dogecoin also came as Mark Cuban, the owner of the Dallas Mavericks, tweeted that the basketball team would not sell the dogecoin it receives from its consumers as payment for tickets and merchandise. The NBA team started accepting dogecoin as a payment back in March.
Long
by UnknownUnicorn19246015
HBAR/USDT Re-Accumulation StructureHBAR has been in a re-accumulative state since around the 15th of March. A recent change of character and break out show that supply has diminished as we formed higher lows through out the range before breaking out. We are currently now retesting the top of our trading range sat in the oversold condition on the long term trend line . Some more consolidation in this region testing supply along the way will give us some more confidence on a POE . A scaled in POE is recommended. If we see aggressive demand one widespread 4hr bar this could confirm a full break out into a mark up will occur.
BINANCE:HBARUSDLong
by FX_TWIN
Zilliqa $ZILUSDT PT .23 and higherZilliqa Price Prediction: ZIL aims for $0.26 as the odds flip in favor of the bulls Zilliqa price is contained inside an ascending broadening wedge pattern on the 4-hour chart. The digital asset intends to establish a higher low and confirm an uptrend. ZIL must stay above a crucial support level to see a potential 27% upswing. Zilliqa price established a downtrend in the past four days but is close to a recovery. The digital asset is trading at $0.204 at the time of writing, above a crucial support level and is aiming for a significant breakout toward all-time highs. Zilliqa price must conquer this level to see all-time highs On the 4-hour chart, Zilliqa has established an ascending broadening pattern which can be drawn connecting the higher highs and lower highs with two different trendlines. As the name suggests, this pattern gets broader as time goes by.
Long
by UnknownUnicorn19246015
XRP/USDT Technical AnalysisTECHNICAL ANALYSIS MADE EASY YOU KNOW HOW WE LIKE TO DO IT!!!! I have been very bullish about XRP since it dropped because of the SEC lawsuit. Although the lawsuit is not over, I already know the outcome for XRP, which is a victory. The community will not allow it to be deemed security, neither will ripple itself. A lot of people were quick to forget about XRP and call it a pointless coin. However, people are ignoring it is within everyone's best interest; XRP wins the lawsuit because if they are considered a security token, many tokens will be deemed a security too. This means you are likely invested in a token that can be viewed as a security token if XRP is. But let's get down to the graph. I expect to see some consolidation or correction just because the price has been rising so much and pumping so much. A correction is because I'm comparing XRP with the rise in the price of Dent Coin, as we are now starting to see Dent coins price drop as it is beginning to correct, which is natural, so it is a matter of time before XRP does the same. I'm still optimistic that XRP will break its all-time high soon even if it doesn't consolidate or correct, especially since BTC and ETH have already beaten their previous all-time highs. With each and every good news we are getting, we see a pump, so bring on the good news. Personally, I think the whole lawsuit is a waste of time; it is stopping XRPs growth substantially. However, we have started to see the volume pick up, and XRP has been reported to be worth more now than it was before the SEC lawsuit, which is a good sign. But what do you guys think XRP TO THE MOON🚀? Also, what coin should I do next?
by ChrisOT
GRT close to breakout - 85% gain ahead?Well hellooooo - its been long a time (we shouldn't have left ya) GRT is in a great posture for a classic ALT coin breakout. Its has now cooled off after a major breakout some time ago - and with everything going on in the market and bitcoin's signaling more upside GRT shows promise. Its silence before the storm. And the storm is near - this trade can have MASSIVE upside with little risk (8:1) Targets 3.5 USD with a crazy 85% gain. DYOR Best ^^
FTX:GRTPERPLong
by deucedd
1
BTC Bear Market is knocking the doorHello again, After a long silent period, I am back. I had a very good run in the stock market, that's why I almost abandon crypto. Here I am coming back to crypto trading. BTC had a whole one-year bull run, with the help of smart money and institutions, the crypto market is totally on fire! However, this is also the moment we need to have a clear head about this. I believe in cryptocurrency technology, and I do think BTC in long term have an unimaginable potential, but like every market, when it is getting too hot, the price is overbought. I strongly believe we are in this situation regarding BTC. Daily chart is forming a resistance area from all time high to current value. DMI local top has been dropping since 20k, which indicates a weaker and weaker bull trend, the buying power is dropping! In the same time, the RSI looks terrible, it follows the same trend as DMI. And don't forget the most important indicator for the trend reversal -- volume! It has been dropping since the beginning of 2021. Buyers are losing interests in this market, I think many big investors like me are focusing on stock market right now, since there are many exciting companies with incredible technology. I am shorting the btc with an entry price at 58500 ish, the stoploss is placed above all time high price. Happy Hunting!
COINBASE:BTCUSDShort
by RocketMode
Bitcoin Take Profit !!!!!Guys I am still holding this trade from 59238.76 with a .3 lot size.Be looking to take profit NOW. Bitcoin's price is at 51886 right now. I told you we are looking to take profit around 51163. If you are not taking profit, then push your stop loss into profit at the 52500 level. However, we are well into profit, if you took my signal a few days ago. Be sure to like and leave a comment below. We do thank you for checking out our post and remember, we will see you on the other side. Rodrick (CEO) Third Eye Traders.
BITSTAMP:BTCUSDShort
by ThirdEyeTraders
1