Crytptocurrency
ETHEREUM | 1070 Price Area Again Proved To Be Very StrongETHEREUM | 1070 Price Area Again Proved To Be Very Strong
After the price was tested for the second time, the price zone is located near 1070 we saw a very rapid volume increase.
The price increased by about +8.5% during the last 24 hours.
This indicates that large BUY Orders are positioned near 1070
Our pattern is still valid as long as it is a daily pattern and can continue to develop.
We'll just have to wait and see if the FTX rumors will settle down soon.
After that, the market should recover again.
Thanks and good luck!
💎DONT MISS THE ALL TIME BREAKOUT OF JASMY COMING TIME This chart was made in low time firm to show the idea of how possible increase could go to the next target of $0,01 short term from now and in 2022 a target of $0,10
with expecting a target of 1 USD in 2024.
This view will stay a history on trading view at this price
I expect that 💎Diamond hands will get a reward from this coin.
It's a coin that can play a low time frame, but when it breaks with the whale trend it will go.
As the price of JASMY seems to be stable, and it's the moment where most could think, it's just dumping and not interesting to watch, this depending on my study the best time where JASMY SOON this coin will explode , not of the believing in coins, as I can think on any coin this trend if there is expecting but it's about the DATA that shows the possibility of a high breakout for Jasmy
Depending on my study I expect that we have done the bottom and it's only about time before the japan coin will moon.
Same time expect that the next breakouts we are a whale breakout for building positions.
when we check the data of jasmy coin we seeing since the button more whales did enter DCA in small start ranges, which means the next orders could come soon, as we have scanned this before also with other coins where it did start low by DCA to high.
This view is not to show you that you should invest in any coin, but to let you know that the data study could enter soon in what great for Jasmy.
Further, we did add before
And if there is any news confirmed about the PS Software and in main SONY for JASMY, we will see high another trend on this coin. ( but out of this extra, Jasmy have on more reasons also the price action to increase)
Do always study.
This is not trading advice.
Possible Break of StructureBTCUSD has exited the structure that has been able to be modeled by the continuous-time markov chain, which I have been updating as it made its way through the stochastic paths between transition states the past few weeks.
What this means from here
- should retest the boundaries of the markov grid (~28632.10 is the lower boundry) that materialized over its time in consolidation. If it gets back into the grid, it may or may not maintain the mechanics of the stochastic process. I'd expect volatility to increase from here in either scenario.
- If fails to re-enter here, could follow the channel down (solid blue lines on chart) - this channel formed prior to exit of markov grid and provided an exit path out of boundaries. If it follows this channel pay attention to price action around the channels support and resistance. A break out of channel could give it another opportunity to try and re-enter the markov grid; a break down from channel and I think it gets hit to 22k.
*** There is now more near-term risk than reward here. If breakdown further = sharp downside. If breaks back up could either get trapped back in consolidation OR whipsaw to the upside and attempt breakout of the markov grid (only 1 of 2 of the bullish possibility is motivating to be long, and the bullish possibility has lower probability of occuring than the bearish possibility)... you see what I'm saying here?
Double Bottom at DYDX 💰Analyzing DYDX we are starting to see volume kicking in right now. Looking very very nice for DYDX to start breaking that $18.
As soon as we break through the resistance this will be a major support.
In my opinion it's very likely that we will be hitting ATH in the next few weeks, but the first target would be around $22.
Keep your trading simple guys, have exit targets, protect your positions ...
longing DOCK/USDTmight seem like knives catching but it is more likely to be described as picking a knife off the ground.
let's hope it flies so we throw the knife ;)
BITCOIN BTUSD 4HRBITCOIN BTUSD has given a heavy correction now trades can do on both sides. Pink box is the support, closing of 60MIn candle will allow short entry. green lines are the targets of the upside and red lines are targets of the downside. can short below the pink box.
ETHEREUM LONG ANALYSIS 150 PIPSprice action showing us support on daily time frames and as well as all the smaller time frames.
we stopped and rejecting these wick areas that the price keeps coming to.
looking for the market to rise now after respecting this area as well as retesting 15m trendline break and retest
Big Alert: Ethereum Market Cap it's extremely bullish!!!At the moment, analyzing in the monthly chart, I see that the perspective for the market cap it's extremely bullish for the next months. That mean that Ethereum it's in the true bull market.
Now, in this special analysis and one of my topics that I want to discuss with you, I want to talk about my prediction of the Ethereum market cap and how to calculate the future price for Ethereum, and apply my past analysis in Ethereum like Ethereum dominance to have an accuracy of the possible price to sell when you hold Ethereum, you're going to sell expensive.
Now, first, noticed in this website: coinmarketcap.com
In this website, you can to found out the Ethereum tools to analyze to get and know how much Ethereum assets are in the circulation, the actual market cap and much more.
Actually, there're 115, 005, 422 (millions) Ethereum assets in circulation. And the market cap it's around of $208 billion. Now, to calculate the actual price, you wil need to divided your Ethereum assets for the actual market cap.
Formula: Ethereum market cap / Ethereum assets in circulation
$208.30 billion/ 115,005,422 (millions) Ethereum assets = $1,811.21 USD. Remember, the price alter in their movement. But that's a basic math operations.
Now, if we use the following example and supposed that Ethereum reach the market cap of $500 billion that I share you in my chart. We would need to divided the market cap of $500 billion and the Ethereum assets in circulation to know the future price of Ethereum.
Operation: 500 bilion/ 115,005,244 Ethereum assets = $4,347.62 USD
If Ethereum reach a market cap of $500 billion, we can to see an Ethereum at $4,347 USD, that it's an amazing price.
Now, if you want to know what happening if Ethereum reach a market cap of $1 trillion, well, the price will be exactly at $8,695.24 USD. And if Ethereum reach a market cap value in $2 trillion, the price will be exactly at $17,390.48 USD. That it's a impeccable price. Now, as I calculate an objective that Ethereum could to grow so near of 1,600%, and well, if we apply and supposed that Ethereum reach a little more a market over $2 trillion and suppposed that we're going to sell when the market reach up the $2.37 trillion, the price will be $20,607 USD.
Guys, this it's amazing to know this hide information and be prepared when the market it's reach a maximum price that we can to sell using this data analytics if you hold Ethereum as investments. I don't have any doubts that Ethereum reach the 5 digits of $10,000 USD in medium to long term for the next months. And well, if Ethereum in case that overpass a market of $3 trillion, we can to double the 1,600% that mean a 3,200%, that it's another theory becuase in sometimes crytpocurrency could to multiply x2 if we use the comparison of the up possible to multiply x2, that mean 3,200% it's could to reach a market cap of nea of $5 trillion, and if this pass, the price of Ethereum could to round approximately at $40,000 USD for each Ethereum (but this it's my other perspective if the market of Ethereum could to multiply x2 as we see in the past bull rally 2017, I am not in 2017 when was the bull run of Bitcoin and cryptocurrency, I appear in Bitcoin later of the bul rally in 2017 and I knowed Bitcoin in in the started of the year 2018. But, yes I get this information to calculate, if you see in the Ethereum/Bitcoin chart, in 2017 Ethereum have a cost of near of 0.2 Bitcoin, that mean if you buy at least 10 Ethereum in 2017, you could to get near of 2 Bitcoin, and today, 2 Bitcoin have a value over $100,000 USD. But that it's my pure theory if in case that Ethereum it's going to double the market cap as the price.
For that, I invite you to share this special analysis with others traders to know this information that they'll need to know. And fyou like this information, please get me a like and comment below how did you think about of this idea?
Bitcoin showing us a shoulder head shoulder; bearish sentimentBearish Pattern: Shoulder Head Shoulder
We hope this trade to short
Reccomendation: Closed up all long position and still awaiting for confirmations!!!
Our forecast it's approximately at $20,000 USD psycological level again.
We still await in Bitcoin to shorting!!!
Bitcoin Morning Star Pattern + HH on Monthly Candle Body CloseI saw an article on the total crypto market cap that mentioned these. I agree so I'm adding them to all of the bullish evidence I see in the Bitcoin chart. This is all pointing to the fact that Bitcoin has reversed trends from bearish to bullish. The monthly morning star in conjunction with a hammer candle is quite bullish.
January's candle looks to be engulfing the two previous month's candles. If you don't think that's bullish AF then you're just being obstinate. We're about to leave the 8K region and NEVER return. Due to the parabolic adoption curve it's already extremely probable that you will never see a sub-7K Bitcoin and it's starting to look like you probably won't see sub-8K Bitcoin ever again as well.
The article mentions 10 factors confirming that the bulls are back in charge. Bitcoin's Monthly chart is EXTREMELY POWERFUL. It makes clear that which is obfuscated in the noise of the shorter time frames.
www.newsbtc.com
I have identified DOZENS of pieces of evidence that show without a doubt that having a bullish bias right now is the way to profitability.
Not financial advice. I hope these ideas help support your own analysis.
Peace, Love, & Crypto,
B166ER