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Crytpotrading

Curve and Fib Analysis Confirms Continuation of the Trend to 46In this chart, I am confirming the idea I published a few days ago setting a price target for 46. We have been almost there at 44.4, and maybe it would prove wise to have had the profit taken at that stage, yet the analysis shows that the bull has still some breath left. The current minor trend fits perfectly in an ellipse as shown. This is an indicator that it would end with a relatively major push in one direction. The Fib circles of the medium trend also shows that the price will hit resistance and bounce back to support before the minor trend ends, which is also an indicator of the price moving higher after the ellipse is complete. The fitted curves show the drive upwards is influenced more by the lows rather than the highs, which is expected since we are very near the ATH resistance. Finally, the big FIb arcs are those of the major bullish trend since January, and as we can see, we are approaching a major resistance (261.8%) at 46.
KRAKEN:UNIUSDLong
by MontyMacht
BTC highway to 6 figures2 charts as I use to. Smaller TF on the left and 9D on the right. EMA 100 1D and 12H in the right pictures. Look at first support there at the beginning of this bullish cycle... We have to channels going up, one slower in which we are moving now, and the faster one that we left at last correction. I don't see now reasons of changing to emergency stop lane or turning around in this scenario. It seems that EMA 100 1D is driving the traffic along forward. Crossing it will warn us about trend changing. Opinions anyone? Take care of your hard made money guys! THIS IS NOT A FINANCIAL ADVISE! CHEERS!
by Bogdan_TOMOIAGA
FILUSD breakoutMy old fav from a few weeks ago FILUSD just forcefully broke through to the upper band of the Keltner channel with very bullish intentions. IF it continues to run and breaks out of the upper Keltner band (currently 167.7) then we can expect for another nice bull run over several days at least. If the upper Keltner rejects and send it back down most likely we're looking at a mean reversion to 138 or so. BTC of course will play a role in this as it seems to have gravitational pull on most of the alts, with the notable exception of ETH. Happy trading and trade safe!
GEMINI:FILUSDLong
by Thundershadow
Cardano $ADAUSDT PT 1.45 and higherCardano Has One Big Edge Over Other Cryptos, Says Coin Bureau The pseudonymous host of Coin Bureau is sharing his thoughts on some of the advantages Cardano has in the race to beat out Ethereum as the top smart contract platform. In a new video in which the analyst known as Guy reveals his top crypto holdings, he tells his 653,000 subscribers that Cardano (ADA) comprises just under 8% of his portfolio. Guy started allocating to Cardano last summer when the asset was just above $0.08. ADA is trading at $1.27 at time of writing, up 3,724% on the year. The Coin Bureau host explains that he’s invested in Cardano as a hedge in the event that Ethereum is unable to live up to its name as the number one blockchain platform. Cardano announced earlier this week that smart contracts would be up and running this August, theoretically putting it in second place next to Ethereum among blockchains, notes Guy. “Like Polkadot (DOT), I see Cardano primarily as a hedge in case anything goes wrong with Ethereum… I am a huge fan of Cardano’s peer review approach to research and development. I have a feeling that Cardano will be running smart contracts much sooner than Polkadot which would theoretically make it the next runner up to Ethereum.” Guy adds that although there is not a hive of developers expressing interest in developing on the Cardano blockchain, the Cardano community is strong and a majority of ADA tokens on the market are locked up in liquidity pools, meaning that they cannot currently be sold on the open market. “The problem is Cardano doesn’t have nearly as many developers itching to work on its blockchain as Polkadot. More importantly, Cardano isn’t able to test smart contract functionality in a real-world setting the same way Polkadot can with Kusama (KSM). One big edge that Cardano has over Polkadot, and most other cryptocurrencies, is the size and engagement of the Cardano community. Some of my most viewed videos are about Cardano, and Charles Hoskinson’s YouTube channel seems to be growing even faster than mine. More than 60% of all ADA in circulation is also being staked in nearly 2,500 staking pools. Cardano may not have as many dApps waiting to deploy as Polkakdot, but it probably has millions of people waiting to use them.”
Long
by UnknownUnicorn19246015
2
$XRP PT 3 and higher by June 2022Ripple’s XRP perfectly suited for central bank supported digital currency... A study by the Bank for International Settlements (BIS) has shown that a central bank-supported digital currency (CBDC) is supported by governments, especially in emerging markets with poorly developed economies. In addition, more than 80% of the 66 central banks surveyed are already working on the development of a CBDC in some form. Furthermore, 40% of the banks surveyed have moved from a conceptual stage to an experimental stage in their projects. This figure represents a significant increase compared to 2018.
BITSTAMP:XRPUSDLong
by UnknownUnicorn19246015