Curvepattern
40k$ is not the high! (Bitcoin's historical growth curve)Hello traders, or this time investors,
here is my long term log Bitcoin chart with historical data.
Because of this growth curve and the fact that we "only" made
1.400% so far, since the last low at 3.000$, I believe that we can
still expect much higher price for Bitcoin this year.
But as you know it's not only about the price.
Wish you all a nice weekend.
Greetings
Jens
Bullish on OCEANTicker: OCEAN
Fundamentals
Ocean Protocol uses something called PoD (proof of data) and is in the business of Big Data, which is expected to reach $229.4 Billion by 2025. PoD is a little bit like PoS where you can stake your coins to earn rewards.
Ocean gives big data tools for Web3, which is a massive game changer. Think if Cambridge Analytica was an ethical business! Ocean Protocol, although it's tech focused. It has an excellent BUSINESS model. There are plenty of projects that have good tech but know nothing about business, this is where they fail. Not Ocean though... If you don't know what web 3 is, think of how revolutionary the internet was. Web3 will have a similar impact to this!
These are some of the few fundamentals on why I'm so bullish long term for Ocean.
Technical:
Time-frame: Swing Trade
Area of Interest: $0.4 - $0.5
Invalidation Area: $0.35 currently, changes over time following bullish curve.
Area to take profits: $0.7 - $0.8. Looking for $1.5 by Q4
BTCUSD BUY: Time to go with the curveHello traders! Ready for the rise in the price of BTCUSD.
We are in 4th consecutive victory in btcusd, I hope this will also go well as I am expecting its up move from the start of this week from this level but it is consolidating above the key level but I think now is a time for btcusd to go to my key level.
These levels are the powerful key levels as they are created to catch the trade perfectly.
Hit the like button if you find it helpful and follow to stay connected. Share your thoughts and ideas below.
For those who need help in any other crypto pair, message me I will help you.
Bitcoin to $40000 by August? Time cycle of 34 days is perhaps most important to Bitcoin I have found. And it has been giving gaps to the multitude of 5 days before changing from one cycle to another.
As per the current cycle we are in and the important fundamental of compulsory retest, this curve is awaiting a retest, which makes me predict a high of 40k by August. Along with the angles of 156, 146, 138, 131, 119, 106 originating from this very point which are acting as clear lows or acting as resistance for further dump.
A Nice curve on Monero ChartA nice and rare curve formed on XMRUSDT chart and it is expected the price to follow the curve path.
As depicted on the chart the upper boundary of the curve located on the 71$ area which also is the 0.618 Fib. level and a static resistance as well.
So I think XMR will test this resistance very soon.
plaese hit the like if you agree with this idea.
IT'S NOW OR NEVERHey everyone,
I just want to clarify that i'm not here to discuss the fundamental future of Bitcoin (like the regulated implementation of it in the real world), but instead, show you a very simple long term understanding of where the price might take us, especially after the 3rd consecutive block reward halving that will occur in May. You may have seen a similar type of analysis before, but I assure you, ignoring it will only leave you with regret in the following years to come!
First of, let's understand how the previous "halvings" affected the price of Bitcoin:
1st Halving - BTC goes up around 9,000% to create the new higher high.
2nd Halving - BTC goes up around 4,000% to create the new higher high.
9000/4000 gave us a 2.25 interval. Technically speaking, history within the markets tends to repeat itself. So, our estimation for next price increase (3rd halving), would have to be 4000/2.25 which would give 1,777! This is the number we should consider to determine the next bull run percentage increase from the day halving occurs.
In other words, a bull run is highly anticipated. Mining Bitcoin will become more difficult and there will be less Bitcoin available in supply, which ultimately makes it more scarce. Due to this fact, the demand will be much higher to acquire Bitcoin. The biggest changes in the crypto ecosystem this time, will be the higher public awareness around bitcoin and the interest of institutional investors (hedge funds, banks, pensions, etc.) taking part within the market. Increased public awareness could also lead to a wave of FOMO (fear of missing out) buying power, which could push the Bitcoins price higher and faster. When more financial institutions begin taking big positions, it could affect bitcoin in ways investors have never seen before.
Moving more into the technical side of the analysis, just pay attention to the curve line we see Bitcoin using as a respected support level. It has been respecting it from the very beginning of it's creation, and recently we bounced off the 6,500 price, which acted as the major and probably even the final level of support to acquire Bitcoin at. Looking at the chart today, we see that the curve line surpassed that level and is no longer expecting it to retest it, showing more buying pressure before halving!
We also have quite an important trend line to look out for, which formed itself within the lower high and the current higher high on the 1W time frame. It gives us a better clue as to where the next profit taking levels for Bitcoin would be.
So with all that being said, just note that at the moment we are exactly at the stages where you would be wanting to buy Bitcoin and hold it for a very long period of time, otherwise later would be too late. However, we are actually expecting a pullback to commence in the following weeks, which could ultimately send the price of Bitcoin to the 1st buying target at around 8,500, or the next target at 7,500, which will act as the key level of support to enter longs.
Hopefully this was useful guys. Please trade at your own risk and make sure to invest only as much as you're willing to lose!
Thanks.
XRP/USD FINALIZED MACRO VIEW / TARGET $15-$19Wanted to make final macro view perspective on how I see things playing out based on the knowledge I have on curve projections and wave counts in crypto.
I didn't put wave count on the chart to keep it as clear as possible. It's clear that we're gearing up for the final 5th wave up on logarithmic chart..
Pivotal point / strong buy signal occurred on Nov 4th. But we still got at least one more week to jump on this train at cycle changing point.
To get a price using curve pattern is easy, although not as easy with timing.. Let me explain, how did I came up with this timing:
$1.99-$1.13 region is monthly last supply zone before ATH.. Again, I looked up BTC/USD impulsive move in the summer, when we stopped exactly at the top of last supply zone on BTC/USD chart and didn't revisit for more than 4 months now.
Idea is to sell some or all of your coins at that $1.98, enjoy life time profits for couple of months, then re-enter at $1.13-$1.15 . Gear up for the final impulse move before multi-year consolidation again (unless fundamentals says differently at that given moment and time).
Focus on the long term picture, I know it's hard, but totally worth it.. If it was to play out the way I drew it, we're only a year away from life changing profits. Patience!
I'll attach BTC.D chart in related ideas down below, have a look!
I hope you got something useful from this chart! Like and let me know what you think in the comments. :)
This is not financial advise.
Ripple's Flattening Curvy Resistance - An Investment OpportunityOrigins and Concept: Ripple is a peer-to-peer decentralized open source public ledger created to facilitate the electronic transfer of money, whether fiat or crypto. It was initiated in 2012 to reduce money transfer times of 3-5 days to instantaneous and to significantly diminish the estimated $1.6trillion in annual costs associated with global money transfers. There is a finite number of XRP coins in existence, the total number being 100 billion, with all of the XRP coins pre-mined, in other words, released at the time of launch.
Technical Analysis: Before the cryptocurrencies euphoria in 2018, Ripple displayed a strong demand level around 0.20000 USD per coin acting like a huge magnet. From the Analysis below while using a logarithmic chart, a curvy resistance was created with an increasing pressure from sellers, plumbing the coin from its all-time high at 3.30000 to the demand level . At the end of summer 18', there was a release of bearish domination, with the resistance curve flattening followed by a side-ways market. The coin was pushed back to the support zone before soaring more than 10% today, eventually seeking for new highs.
Views: Ripple presents an excellent investment opportunity, with a potential of ranging around 1.00000 USD per coin by the end of 2020. The recent upward move will firstly drive prices to 0.45000 - 0.50000 USD per coin with an increasing risk of strong pullback.
Next for BITCOIN. Symmetrical triangle. 3000+ or 3000-Ah "next" Next for Bitcoin.
Again not too many words only keysubjects. In front of you the 4hr chart of BTC.
- BTC is in a symmetrical triangle
- There was a curved resistance in triangle touched many times, who breaks out yet (positive signal)
- The support of triangle was touched several times also. There was a nice bounche couple of days ago. I've made an idea of that (link below)
- the outcome of a sym triangle is 52/48. I always do 50/50. We can see a continuation of the price or we can see a bulltrap or beartrap.
- On sept 23th BAKKT will be live whats almost the end of this triangle. Check Google if you don't know BAKKT (futures backed by BTC)
- There will be a up of 3000 or a down of 3000 after breaking out triangle (calculated from point of break out)
Thanks for supporting me by liking this idea.
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Electroneum pushes sideways but for how long??Hello everyone and welcome back. Hope everyone is having a great summer! Looking at the #ETN chart we can see sideways action over the past few weeks. In my last updated, I did mentioned this was to be expected, even after the upgrades to Electroneum's blockchain. The reason is simple, we have more hodlers and sellers then buyer. Now, thanks to the upgrades and partnering with NGOs for mining purposes, as well as others, we see less selling pressure. In the chart above I outlined two things.
1) Descending Wedge - If ETN follows this wedge downward then it is likely we can see low 20s, which was the case when we were in the mid 40s and I called mid 30s. However, even if we dip to low 20s I believe it will be short lived. The other possible scenario is that we break the wedge sooner within the next 10 days and continue with the sideways action between 40 - 60 sats. We need to wait for confirmation before deciding on the direction of ETN long term.
2) The bottoming Curve - When a trading asset bottoms out, it creates a curve where the price initially spikes after tremendous downward pressure then it creates a lower low and begins to move sideways along this curve until it breaks free to the upside. In about 10 days we should be around the middle of this curve.
Electroneum is a project that showed great potential from day one, but the direction of the company was never clear until NOW. After the last blockchain upgrade we have a clear understand of where the team wants to take us. The next half of 2019 is looking very promising. If there was ever a time to accumulate and fill your bags it would be now!
Everyone enjoy your summer, keep your bags safe and don't believe the FUD. The greatest things in life come at a great price so patience is key.
This is not investment advice. This is only for educational and entertainment purposes.
Awareness619
We Just bounced off the previous ATH Picking up support were we did following the (Purple)Curve is a great sign. this could be a great time to buy if you haven’t already. theres not much resistance on the way up. RSI is low but volume says we have some time before the next big move. we should be looking at about a month of consolidation or retesting the support. Retesting this support agin anytime soon would not be a good sign at all IMO. It would be better if would went straight into a new bullish trend. only thing left to do is wait and see.
STRAT/BTCBTC bottom has not been confirmed yet, but by looking at the market in the past few days we saw substantial gain by BTC.
It this price maintained and we won't see a huge sell off, the BTC power gained need to be divided to other Crypto Coins.
A lot of Coins such as STRAT are experiencing their lowest value compare to BCT ever. If BTC is picking up the step, Coins like STRAT would be the first in the line to gain!
For day trading this might not be a good option.