Best Bitcoin Trading Ideas!!Bitcoin is back at highs, with a minor retracement as we anticipated. From here it could go either way. If we see a burst of momentum, we could easily breakout to the $60K's. We could also range at this point, or retrace further, forming a broader bull wedge consolidation pattern. Either way, there is no denying Bitcoin is gearing up for the $60K's, its just a matter of when. We could see a dip to $54.3K, or even $52.8K. The Kovach OBV is strong but has sloped off slightly
Digitalcurrency
$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...
BTC on its resistance areaBTC is on its resistance area. As long as the candle sticks are above the line A and has not break the line A to the right of it, two targets for bitcoin will be reachable. first possible reaction zone and also target is 40000 and second possible reaction zone is 47500.
If line A breaks, targets may fail and the chart will need reanalysis.
Note: If the RSI line remains under the value 50 it may probably breaks the line A but if it comes up above the 50 price will moves up toward 47000.
Eco/monetary news n°27: The FUD is more than just FUD> After 3 months of election fraud suspicions/allegations Myanmar military arrested the state leader & president
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2021 off to a good start. Unsurprisingly it has begun.
After winning the general elections with 80% of the votes (not counting the fixed 25% the military get) the heads of the ruling party, state leader and president were removed by the military which claims the evidence of fraud got too big to ignore.
A general is now state leader, and the VP is now president, for 1 year until new elections happen.
Of course, all the usual 🤡 have blindly jumped to their press rooms and their keyboards to "condemn the coup" and we have not heard the side of the burmese military.
It's bad when the unelected military have political power, but it's great when social networks and the media have UNLIMITED POOOOOWEEEER!
Joe Biden has done what you'd expect, threats of sanctions, but China might have its own word to say, especially now that east asia (1/3 of the world) are in the process of switching to their own economic area, something that is huge but has gone under the radar of the western media (with their own digital currency which was never going to be Bitcoin lmao at those that thought otherwise).
This obviously adds to the paranoia of the western ruling class which is being threatened in Europe, and poo'ed their pants in the US when the capitol was stormed. A contested election that ends up in arrests? An estimated 80% of the US military supports Trump? They are getting nervous.
> Defund the police: US White House panicking and more resolved than ever to turn the US into a police state 😆
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Part of the reasons the WH is panicking is what I wrote in the previous point: populism, elections contest, a very real CH raid (irrational people become fully aware of something when it happens, when they physically see it happen they really start caring), and now a very real coup in Myanmar.
Antifa & BLM have been rioting, they ignored it to win an election but they know it and they want to fight it. They also are afraid of civilian Trump supporters.
So yeah, they are really turning the country in a police state. I crack up each time I see a braindead tv guy say that "Now that Trump is gone we are returning to normal" with shinny eyes and a big smile on his face. "Back to normal", where did I hear that before? Boy this is just the start.
Textbook complacency and denial.
> Top epidemiologists publish covid papers that make EU bureaucrats look stupid & France far-right would win 😏
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The EU, and the EU representatives are being shaken. The french president, which is the least smart one since at least 1950 (I don't know the previous ones), is started to rage and panic, he called the France "a country of 66 million prosecutors" and whined that it was normal to make mistakes "we all make them every single day". Really? Every day? How bad are you? Calamity Joe.
Even the mainstream parties and media are starting to ask questions, here is an article about the Swedish health agency asking clarity on what it is paying for:
www.reuters.com
Here is a paper by Ioannidis, the world nb 1 epidemiologist (203 h-index), showing that lockdowns were very likely to be useless (and even favor the spread of the virus), as I predicted 9 months ago I may add:
www.medrxiv.org
He recently wrote "Congratulations on your editorial highlighting the depressing levels of “corruption” taking place in the name of “beating the pandemic”. Scrutiny certainly deserves to be directed towards conflicts of interest within members of SAGE and scientific/medical advisors..."
Link to the full thing:
www.bmj.com
Things are looking grim for the liberal bourgeois globalist "elite". Times are changing.
Ah back in 2002 the France major far right party got to the presidential 2nd turn and average people voted in mass to "be a barrier to radical extremism", in 2017 they were in the 2nd turn again and got 33% votes, and now a poll showed they had 50% vote intentions. People showing their discontent, I'm not sure they read the program of the Rassemblement National, cutting a hand for stealing an apple man this is harsh, ok I exaggerate but barely. And even with 1/5 of the votes they only get a handful of parliamentary seats, so I guess the first female president could only rule as a dictator?
What an opposition, during a recent liberty-restriction vote in France here was the opposition (there are 577 deputies):
Les républicains (centre-right in Europe, left of US democrats): 15/105
Socialistes (they need no introduction): 5/29
La France insoumise (radical left "rebels"): 5/17 - Where did they go? They talk a lot, and then? They had swimming pool? (French people will understand)
Rassemblement National (far right): 0/6 - They are loving it, they would take harsher measures if they could, and the french would vote for this "opposition" 🤦♂️
In France the whole executive branch of the government is elected by the president, so this vote is important, the president is the head of state and face of the country, the Prime Minister is I guess the most powerful politician, technically he is 2nd after the president since the president can sack him and change him but he's the one that runs the country, an unelected guy that kissed enough bums to get nominated, and has no plan (seriously, past PMs got interviewed years later and they went "no idea how I ended up here, I had no plan no idea what to do I just followed").
I know this is a little long, but hey during the "covid emergency" the executive in France and Europe has completely bypassed the legislators (congress), soooo... If the far right gets nominated, even without any legislative power... If 60k deaths is enough for an emergency, they'll find something.
I want to congratulate all the high IQ liberals that set a precedent to enable the next Hitlers to become dictators without even trying.
Great job. I'm actually genuinely impressed.
> Davos New World Order chat: Putin & Xi Jinping warn elites will lead to war that will "end our civilization" 💥
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The chat with the "common folk" has been postponed to June, but the usual head of states / governments chats have taken place.
Just going to link the articles.
1- The Putin article "The crackdown on civil liberties by the elites will lead to a terrible war", with a link to a video of him speaking via CNBC:
newspunch.com
2- Winnie the Pooh sperging something about a cold war:
www.hindustantimes.com
3- They spoke of global taxation of tech giants at Davos, and Germany says they spoke to Yellen which seems to agree! About time the US paid its fair share to Europe.
Damn I am shaking while I am writing this. They have been scamming the world for too long. I do not support "eat the rich" UNLESS it's tech giants. F*** them. YEEEEEEEEEESSSSSSSSSSSSSS!!!!!!!!!!!!!!!!!
altnewscoin.com
> BIS says banks representing 1/5 of the world population will release a Digital Currency in the next 3 years
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You know Bitcoin maximalist logic:
=> Since this is happening, it means digital currencies are getting adopted. This is good for Bitcoin.
=> If they would not be doing this, Bitcoin has a monopoly on the DC market. This is good for Bitcoin.
www.finextra.com
Also, "A recent survey indicates that 86% of central banks are conducting research or development in the area of CBDC".
The most recent speech they uploaded: www.bis.org
A little quote for fun: "Above all, investors must be cognisant that Bitcoin may well break down altogether.
Bitcoin needs a hugely energy-intensive protocol, called “proof of work”, to safely process transactions. Currently, so-called miners sustain the system’s security, and are rewarded with newly minted coins. A sad side effect is that the system uses more electricity than all of Switzerland. In the future, as Bitcoin approaches its maximum supply of 21 million
coins, the “seigniorage” to miners will decline. As a result, wait times will increase..."
> IMF warns of risks (zzz): IMF finds new words: warns of ‘exceptional uncertainty’ in vaccine-driven recovery 😁
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The IMF raises their GDP growth predictions and will increase them even more if the US approves of a 2 trillion relief package, wow this sounds like great news! Why don't we print infinite money? Infinite growth! "GDP is up 8000% this year after we printed 10000% of our MZM and spent it randomly on troll projects" wow so much progress! 🧠
financialpost.com
Oh and they "warn of risks", that's not even funny anymore.
Maybe the US economy grows by 20%, and my short position on the USD also grows by 20%?
Voyager will drop but then riseVoyager will drop but then rise
As will the entire market.
The election will drive this action.
This is a gut feeling and I barely have much else to go on but that is the way I feel.
CRYPTO Dash - Will it Continue Uptrend?After the drop to the lowest at the discounted price early of 2020 from around 140.00 to 40.00 for few days before it catch back up above 60.00 & consolidated around 60.00-100.00 zone. From the daily timeframe, the price has been rejected at 120.00 and from this moment there is a possibility for it to break & rally back to 140.00 again. Otherwise it will try to complete the channel pattern and continuing uptrend vs time.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
CRYPTO Cardano ADA - Weekly Yearly IdeaAs seen from the trading idea, the price is uptrend trend & expected pull back will happen once it reach the rejection blue zone before continuing long.
If the trend keep going uptrend then it's easily reach to the 0.39533.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
DGBBTC forming bullish Shark | Upto 13.5% move expectedOn daily chart, the price action of Digibyte coin is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Potential reversal or buying zone: 0.00000091 to 0.00000088 btc
Fibonacci projection or sell zone: 0.00000094 to 0.00000100 btc
Stop Loss:
The potential reversal zone area that is up to 0.00000088 btc can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 13.5% and as per the above-mentioned stop loss, the loss possibility is 3.2%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
DGBBTC formed Butterfly moveOn daily chart , the price action of DigiByte (DGB) has completed the final leg of Butterfly pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Butterfly pattern should be:
Potential reversal or buying zone: 0.00000103 to 0.00000100 btc
Fibonacci projection or sell zone: 0.00000105 to 0.00000110 btc
Note: Above idea is for educational purpose only.
Bitcoin (BTC/USD)sell Setup!! Probably 16500 Level!!Based On previous cycle we See 30%-20% dump Before a massive Bull Run!!
Bitcoin’s evolution toward a store of value is resonating with Wall Street and Main Street, after it hit an all-time high on a few exchanges this past week.
We mentioned last month that corporations such as MicroStrategy and Square are adding bitcoin to their balance sheets. And PayPal is enabling millions of Americans to buy, hold, and sell bitcoin in their wallets.
The mainstream adoption of bitcoin is showing no signs of slowing. Just this week, Guggenheim Funds, a global investment firm which manages $233 billion, filed an amendment with the Securities and Exchange Commission to allow one of its subsidies to invest in Grayscale Bitcoin Trust ( GBTC ). GBTC is essentially an ETF that tracks the price action of bitcoin .
The amendment mentions the Fund will be able to invest up to 10% of the $5 billion of assets under management. It’s another incredibly bullish sign that Wall Street is rewriting its investing theses to make sure they include bitcoin .
Expect more stories like this over the coming weeks as more high-profile companies, individuals, and funds embrace bitcoin .
Target 1=17300
Target 2=16500
Why Bitcoin Could Potentially Visit 16,000 & 12,000 Level?Bitcoin’s evolution toward a store of value is resonating with Wall Street and Main Street, after it hit an all-time high on a few exchanges this past week.
We mentioned last month that corporations such as MicroStrategy and Square are adding bitcoin to their balance sheets. And PayPal is enabling millions of Americans to buy, hold, and sell bitcoin in their wallets.
The mainstream adoption of bitcoin is showing no signs of slowing. Just this week, Guggenheim Funds, a global investment firm which manages $233 billion, filed an amendment with the Securities and Exchange Commission to allow one of its subsidies to invest in Grayscale Bitcoin Trust (GBTC). GBTC is essentially an ETF that tracks the price action of bitcoin.
The amendment mentions the Fund will be able to invest up to 10% of the $5 billion of assets under management. It’s another incredibly bullish sign that Wall Street is rewriting its investing theses to make sure they include bitcoin.
Expect more stories like this over the coming weeks as more high-profile companies, individuals, and funds embrace bitcoin.
Based On previous cycle we See 30%-20% dump Before a massive Bull Run!!
DGBUSD (Falling Wedge Breakout)DGB/USD currently trading at $0.221
LONG ENTRY LEVEL :$ 0.205 to 0.0222
STOP LOSS ( support): Below $0.020
Resistance level 1(Target) : $0.029
Resistance Level 2(Target): $0.038
Risk Reward Ratio : 1:7
Max Leverage: 5X
ALWAYS KEEP STOP LOSS...
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Why Blockstack(STX/USD) is Super undervalued ? Ready to Pump!!The project has backing from venture capitalist mainstays like Union Square Ventures, Digital Currency Group, and 20 others. It’s secured $75 million in funding to date... including $23 million via the first Regulation A+ token offering ever. (A Regulation A+ deal allows non-accredited investors to invest in private projects.)
The Blockstack network launched in November 2018. It started with 38 apps but has grown to over 500 since then.
Like Google and Apple, you can access your Blockstack apps through one username.
However, unlike Google and Apple, it doesn’t store your data. Instead, your data is stored on the blockchain and controlled by your private key. Your private key is an encrypted code that allows you to access your data on the blockchain.Only the person holding your private key can access your information.
As Blockstack adds more apps, we’ll see its ecosystem continue to grow. And since it’s an open- source network, any developer can build on it... That’s unlike Apple or Google, which charge developers exorbitant fees to build on their platforms.
Looking forward, we see two massive catalysts ready to propel Blockstack higher.
The first will happen within weeks. It’s called Blockstack 2.0. That’s when the PoX protocol goes live. When it launches, we’ll see STX holders lock up their tokens for staking.
Staking is when token holders can lock their crypto assets (i.e. their stake) to help secure a blockchain network. And in exchange, they earn rewards.
Staking crypto tokens locks them away and reduces market supply. And the introduction of staking is coming right before the second catalyst – STX’s countdown timer.
By October 31, 2021, Blockstack’s code will reduce the rate of inflation by 96%. It’s the mega catalyst we think will keep pushing prices higher. Combined with staking, we’re about to see a dramatic drop in the supply of STX coming to market.
Re-Test imminent The drop since the last top has pretty much been lower time frame charts cooling off the rsi ( 1 hour, slightly 4 hour ).
With the 4 hr candles staying in range / consolidating since last nights high, i believe there is a another big push or two left to top out 4 hr on rsi. When that happens a new all time high should be established.
Could be a long or short not worth missing in these next 48 hours. Will be watching 4hr, daily, weekly charts after new ATH to see if ATH will be tested again with next weekly candle before ultimate consolidations and retracements begin.
The NationWide Crypto / Digital era is beginning with more mainstream CO’s going into bitcoin And the public become more aware as a digital lifestyle/experience begins to sweep through as the world adapts during lockdowns and pandemics.
Bear or Bull enjoy these profits