Bitcoin + FED Meeting!When looking at bitcoin on the 2hr TF we can see that it has had a very bullish week. With the Super Bowl happening this weekend and a lot of people calling it the Crypto Bowl, many expect this to have a positive effect on bitcoin throughout the weekend. Now we hear that the FEDs have announced an emergency meeting for Monday 2/14/2020 which is right after the Crypto Bowl. The market seems to already be reacting to this news and I'm not surprised because the last time this happened, interest rates were raised right away. When these rates rise a bearish effect on the stock and crypto market usually follows. We're not sure where the selling pressure will end but I do believe if we can say above the 30ks it's a good sign. I've mapped a few support and resistance zones to keep an eye on. Set your stop-losses and always remember to take profit.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
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This is not financial advice. This is for educational purposes only.
Digitalassets
Bites Of Trading Knowledge For New TOP Traders #8 (short read)Bites Of Trading Knowledge For New TOP Traders #8
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What is a Digital Asset Wallet? –
A Digital Asset Wallet is a technology-based tool used to interact with a blockchain network. There are two types of wallets commonly grouped as software and hardware wallets. Alternatively, depending on their working mechanisms, they may also be referred to as “hot” or “cold” wallets.
Digital asset wallets generate the necessary information to send and receive digital tokens (“tokens”) via blockchain transactions. Significant information contained in the wallet includes an “address”, an alphanumeric identifier that is generated based on the public and private keys. It is a specific location on the blockchain to which tokens can be sent to and it may be publicly shared with others.
The private key should not be shared as it gives access to tokens held by the user, regardless of the type of wallet used.
Digital assets essentially never leave the blockchain as they are just transferred from one address to another within the blockchain network.
What is the difference between a “Hot” and “Cold” Wallet? –
Digital asset wallets may be defined as “hot”, “warm” or “cold,” according to their working mechanisms or the way they operate.
A hot wallet is any wallet that is continuously connected to the Internet. These wallets are easy to set up and enable funds to be readily accessible, making them convenient for users to transact. Centralized finance exchanges (CeFi) tend to provide their users with wallet technology to access their accounts, whereas decentralized finance exchanges and applications (DeFi) would require users to obtain a third-party wallet technology provider that allows them to connect to DeFi services.
Cold wallets are not connected to the Internet and use a physical medium to store information offline, such as private keys, making them resistant to online hacking attempts. While less convenient, cold wallets serve as a safer storage option.
RISKS AND OPPORTUNITIES FOR CORPORATES AND INDIVIDUAL INVESTORS –
Portfolio Focused on Global Macro Strategies –
Global macro strategies are used by funds to base their holdings on their overall economic and geopolitical analysis of various countries. Holdings may include long and short positions in various equity, fixed income, currency, commodities, and futures markets.
These funds take longer-term directional views of markets and may not always hedge their positions, but could actively manage their fund to take advantage of what they see as short-term moves opposite to their main view.
An individual investor with a long-term view of Brent crude oil who maintains long dated futures positions could consider using front or near month Mini Brent Crude Futures to actively take advantage of shorter-term retracements to certain price levels.
TRADDICTIV · Research Team
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Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
Bitcoin long from $40,000? Only if Bitcoin truly is digital goldBitcoin has been often touted as digital gold. With Ukraine<>Russia tensions heightening we are seeing risk-off trades, with USD, JPY, Gold and Oil all appreciating.
Bitcoin however has not yet appreciated. Price seems to be stabilising around the $40,000 mark, which may be an opportunity to go long. THIS DEPENDS ON ONE THING: IS BITCOIN DIGITAL GOLD?
If bitcoin truly is digital gold, used for risk off returns than hypothetically we should see BTC appreciate. Ukraine tensions have been rising as fast as inflation (aha!), both of which should (again hypothetically) spur bitcoin higher.
Unless of course Bitcoin isn't digital gold...
BTC 52k or 30k?BTC is and has been in a bearish trend. I went ahead and mapped out KEY support and resistance zones with the amount of % shown if it decides to move up or down. Since it's currently at support, I can expect to see a bounce here. If the bulls are strong enough, we can see a push to the next resistance, which is around the 52k area. If the bearish pressure continues, then we can expect a move to the 30k area! lets keep it simple and see.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
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This is not financial advice. This is for educational purposes only.
BTC HODL?When looking at BTC, we can see that it attempted to move higher but the bears gained control right away and pushed the price right back into the channel. You can look at my previous post and see. These levels are crucial and with this new covid variant, I wouldn't be surprised if we retest the 30ks again. I think there are too many institutions involved to see the price fall back to the 15k to 20k range but as long as you're smart with your entries, history shows in the end the price will always go higher, even if it takes a few years. HODL!
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice.
BTC Breakout?BTC is looking very bullish. It's been trading at the top of the channel and even though it has been rejected a few times in the past 24hrs, it still looks like the bulls currently have the upper hand. If it can successfully close above the resistance line I can see to moving to around 52k. The new covid variant might cause BTC to dump but at this very moment, I am bullish with a stop-loss.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice.
$MARA - Key Levels and Analysis $MARA - Key Levels and Analysis
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I am still leaning to the bearish side here, while crypto technicals cool off a little bit - and I’d love to be able to add at 27.
Still above the MacD centerline so could go either way…
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you.
Red = Resistance
Green = Support
Blue = trendlines
Have fun, y’all!!
My take on XRP price actionWhen everyone is bearish, I get more excited knowing that this beast behavior is somehow different than most Assets.
While most are convinced XRP won't make it, im very bullish on #XRP. Keep in mind that this asset is a lagger in all its bull cycles which means it takes off the last. Anyways I believe this simple chart can explain itself by itself. You don't have to like it nor buy it as there are a bunch of other quality assets out in the space. But for those holding XRP, cheer up and patience will reward you with a surprising outcome in the end. If you are interested to know what's the potential XRP price might reach. Please do let me know and I promise I have a clear idea and realistic one on what price target it potential has for this cycle
Balusdt(long)I watching trend and now it’s good time to enter this long postion with 1 to 2:5 risk and reward..
MANA Possible break and bull run out of falling-wedge (4 HOUR)Thank you for coming today!! 👋💲
I was just checking out a chart of our popular MANA 💧 token, and we see on a 4 hour view a nice falling wedge pattern🆗.
For a good open position, it is wise to see if we can break this structure and have a healthy retest before entry. (It is always possible we break and impulse correct downwards, but I do not think that is likely.)
If we drop below approximately 0.66 I would say we are going down to retest the bottom of structure once again.
🔎📌
MANA💧 🌡 is a token used to make it easy for users to own and trade digital land . Sounds crazy but its very popular 🏕🏙🛤🛣😅.
It is correlational to ETH , so remember to keep an eye on ETH if you decide to invest in this token. I have listed above my buy points and target points🆗💧. (For more on ETH feel free to look at ETH chart and fundamentals linked to this post😃)
About 3 months ago, MANA reached it's all time high price of $1.63 USD, I think we can easily see at least $0.88 in the near future.
Long term price prediction is more in the 4 dollar range for this year.
However, I believe that with the collapse of fiat, both digital and tangible real estate will become increasingly popular this year.
Optimistically my price prediction for MANA💧 goes as high as 10 dollars within the next 2 years. ⏬⏬
Reason being: Decentraland at the beginning of 2021 had approx. 1.5 thousand users, to date there are approx. 20,000 users 👉 1233.3% increase in number of users in less than a year, imagine what the next couple years can do!
Just 3 weeks ago a plot of land sold for almost 1 million dollars on Decentraland, let's not overlook this token/Dapp!
Let's see and always remember ⏬⏬
🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Jazerbay ☯
Bitcoin technical analysisIn this analysis, you can see the technical analysis of Bitcoin for the coming days.
Remember, this is not a financial recommendation, it is just an analysis of various military-political parameters and events in the world on the Bitcoin price trend.
#Bitcoin #Price_Action #Long_term
BTC lossing value 5th time BTC is speculation value and running on faith, after mining crackdown and disappointment from TESLA , it loosing it's value but in history over 4 time it loose it's 70% growth but this time dent is bigger, don't expect it will come back in V shape , we don't know the future but if it come back it will take more than a year.
Now it can drop in 20k area
It's chart simple repeating history again
The craziest price prediction of BTC in 2030.This is just my personal idea and price speculation for Bitcoin and digital currencies.
In my opinion the mass adoption has began recently in many industries which will convince the whole world and the universe to shift to crypto currencies any time soon.
perhaps you might have asked this questions that how much would be a Bitcoin around 2030 when the mass adoption completely happens?
here we go.
I believe that the total market cap by 2030 will be 10000X which is not really bad hehe, imagine if only %50 of the population, the companies, the agencies and the financial institutions use digital assets for their daily transactions as well as investment so they put their money in to this industry.
believe it or not we are just at the beginning of this paradigm shift.
in my view, due to the limited circulation supply of Bitcoin which is almost over and also the enormous demand, each Bitcoin might be around $500000000 or 500 Million dollars in 2030-2040.
this is just my price prediction for the next 10-20 years.
please leave your comments bellow to talk more about this amazing investment opportunity in our century or at least in this decade.
Thank you for your time and support.
RIOT Stock - bullish momentum & the skyrocketing crypto movementA RANDOM TRADERS MONOLOGUE
If you ask me, we have a beautiful uptrend in the making and now is a good time to hop on the train, especially for riot. Skip to bottom to go to TA
First lets all remember: crypto is going INSANE, it is becoming super easy to mine, and this little golden nugget is one of the first blockchain financial platforms for crypto.
But what does that mean for me?
For those who do not like to trade crypto, but can't deny the crypto train, riot is a safe investment for the time being. You can even say it already has financial pairs that can be used as indicators, such as DXY, BTC, etc.
So do not bother trading crypto currency, begin investing in stock that is starting to become part of the crypto movement.
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TECHICAL ANALYSIS
RSI shows a leg forming, as well as maintaining an RSI above 60, indicating buyers are ripe in the market.
MACD is showing a gap that will be soon indicating our next official direction with RIOT. The yellow trendline on the chart is my indicator to begin thinking of closing my current buy positions.
To confirm the uptrend, the MACD will show volume green and a bounce from the yellow trendline upwards. The RSI would have to confirm by getting a higher leg up while staying within the green trendline.
We can also see that we got a nice VWAP over the EMA and in the upper bands.
$EGLD - Elrond is moving like AAVE +90%When I made my post of the original setup I said how it is fundamentally a strong project with a well respected team behind it, but damn I didn't expect this.
I can't lie I took all my profits at the 2.0, at $91 which I'm happy about as was still a big 40% profit.
Maybe now in this environment if a coin is fundamentally really bullish, like 1inch was, we keep 20-30% of the initial trade running as a bit of an investment and cash this out when it does it's next leg or two up, if it does that is.
Wandering where this will go now?
Theres not really anything to fib off here, so maybe psychological $150?
A retrace to $101 or $91 does look likely to me in the near future...