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Crytpotrading

Will bitcoin fall at 45000 ?OKEX:BTCUSDT Hi guys , how u doing ? I hope you're well and be progressing everyday . Let's see the BTC chart in 4h timeframe . - Bitcoin is moving in a descending channel - the last resistance that bitcoin has seen was 45000 - now the price is moving up to our entry target which is 45000 - 45000 is in the top of our descending cannel and also there is resistance -- we better keep it in our watchlist and wait for bitcoin to touch our target , but we not gonna enter the position without price action to that range (45000) and also we need to take confirmations and then enter the position !!! Remember that bitcoin is so risky for traders , so don't forget about SL at all and have a nice money and risk management !!! what's your idea ?? we'd be glad to see your idea in comments .
Short
by mahdirhimi
ADA update ADA has reached the target from my previous chart completing the previously discussed HnS, and I have entered around 2. It is now attempting a break through the 50-day VWMA, which was previous resistance. I suspect this will fail as ADA is not showing great momentum yet, and the stochRSI start to look weak in the intraday frame. However, if 2.42 is broken with great momentum, ADA will reach 2.79 to steam off before completing an inverse HnS and reaching a new high at 3.8. My loading zone is at 2.05 right now. If the 2.42 will get violated, then I will buy on the retest. I am happy with my ADA bag. However, it is never enough.
BINANCE:ADAUSDLong
by CFcryptoTA
Cardano Google TrendsLike any other market - currency, asset, commodity, (Ponzi scheme?) - cryptocurrency prices are a function of the supply and demand. Holding supply constant, the more demand, the higher the price. The vice is also true. For simplicity, and realistically most supplies of legitimate cryptocurrencies are fixed, at least in the short term. So how do you analyze the demand? There are fundamentals to analyze such as the bid size (the amount/size people are bidding for it) but I am going to use a public sentiment. The tool? Google Trends. I cannot embed the image but look up ADA, BTC, BNB, ETH, and DOGE on Google trends to see what I am talking about. As you can see the leader on average searches is OG of cryptocurrency, BTC. However, as of late the public sentiment gauge has transitioned toward ADA. Why is this important? If you look at DOGE their is a direct correlation between the Google Trend results and the massive pump in price. The same could be possible with long term trends and price action of ADA. Cardano is currently the third-largest cryptocurrency based on market capitalization (price * tokens). However, it is still small compared to ethereum and less than 1/10 the size of bitcoin. Yet, I believe this system is one of the most well-designed and efficient ecosystems. Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. With a leading team of engineers, Cardano exists to redistribute power from unaccountable structures to the margins – to individuals – and be an enabling force for positive change and progress. For the prior reasons and more, it is no surprise that the token has had a massive run this year. Will this trend continue? The world may never know but I am currently an investor making about 5% on my staked tokens +/- appreciation. Banks don't pay anything anymore so I am taking this bet.
BITTREX:DOGEUSDLong
by howdydany
BITCOIN IS AT A CRUCIAL POINT! CAN WE DO IT BULLS?BTC is at a crucial point right now. We turned Support Into restiance. But we got a golden cross the other day I have a good feeling. LAST golden cross had a failed break out.. I believe this has to do with El Salvador and whales trying to keep the prices down as they were loading up. ( just a theory! ) Maybe by october or later this month We will be back on track... Maybe tonight :) Good luck guys! People saying bearish winter. I feel like we will be at 90k By end of november :) Peace and Love!
by ArmaanOG
Still believing it will hit 57K !!The king is back to 50k. But the question is will the price reverse from the strong resistance at 51k, or breaking 51k I would like to point out a few indicators that i think it will break 51k. From the last posting, I have been bullish with BTC. However, the price reverse from 51k and down to 47k. I have reasons to believe that it will break 51 to 57k at the first instance. The volume is decreasing when the price is going up. It just means that the sellers are less and the circulating coins in the market is getting scares. The pushes the price up. At a 4 hourly frame, there is a double bottom formed with a W bullish pattern. The MACD also revealed a bullish convergence. One might argue that in the 4 hourly chart, the RSI revealed a bearish divergence with lower high, which price going higher high. However, when you zoom out to a larger time frame, the MACD weekly time frame has crossed. It's still bullish overall. Since, it's bullish overall, just buy the dip or any breaking of pattern. I am overall bullish with cryptocurrency still Would really appreciate if you can hit like if you like the idea and shoot any comments.
by V12bull
My fairy tail for BTC going into September and Q4Recently, Bitcoin and the crypto market as a whole have seen a solid run-up from the lows we experienced following the crash in May. In order to move towards $100K+, we need interaction with the bull market support band. In September markets typically see some kind of retracement and in BTC's case I believe with the bounce we have received off the 20 day EMA, a retracement of 15-20% could tie in nicely with the strong levels of support in the $42K region, the 0.382 on the Fibonacci retracement(from the previous peak to low), and the 55 day EMA. If we do see this pullback, the strong levels of support coupled with the bull market support band can see BTC find footing in the perfect spot for crypto investors. This can potentially lead us to gain momentum and see BTC reach a new ATH over the duration of the next 6 months or more. I think the probability of a dead cat bounce in this scenario is less likely compared to previous crashes, BTC has been below the support band for 3 months in an accumulation zone. Previous crashes have seen numerous relief rallies immediately after provoking volatility, uncertainty and ultimately resulting in some form of capitulation. This period of accumulation seems to have more structure. This may be due to increased institutional investment and Wyckoff distribution, as seen through the recent peak being extended over months rather than a blow-off top and the recent accumulation area. Let me know what you think.
BITSTAMP:BTCUSD
by darshan87789