Cardano price saved by Sundaeswap? First DEX in the next days🚀Intro:
- Cardano is one of Ethereum's main competitor and addresses some major issues that pains Ethereum like scalability and gas fees.
- Finally smart contracts are running on the Cardano chain and the ecosystem can start to bloom .
- So far Cardano is lacking a working DEX which seems to hold back the whole ecosystem. But now finally Sundaeswap announced that it will go live during the next days.
Daily chart:
- Price took a heavy hit and even retested the 1.45$ support line which did hold so far.
- Volume sees a spike today and some increase during the last days.
- RSI analysis shows that we are very low at the moment and have a lot of upwards potential.
- Moving Average: We are about to form a death cross between the 50MA and 200MA. Let's see if price action can avoid this.
- Support lines are at 1.4$ and 0.7$. The ascending yellow line can act as support as well.
- Resistance lines are at 1.9$, 2.3$ and 3$.
Expectation:
- Sundaeswap announced that their DEX Testnet will go live during the next days.
- This could boost the whole ecosystem and approve smart contracts on the cardano blockchain.
- End of the year prediction: We will see a 5$+ Cardano before the end of 2021. Due to the fact that Cardano performed very badly during the last month we changed the 8$+ prediction to 5$+.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Ecosystem
EOS Launch Incoming!!Money Makers!
Keep an eye on EOS and add it to your watchlist. This project has always been very strong and it's one of the original coins. Its previous ATH was around $14 dollars and it has retraced all the way back down to the $4 range. If you ask me based on the MacD, the RSI which has a bullish divergence and has broken through a diagonal resistance with a retrace to touch support for confirmation, and finally the chart holding steady above support I can see a solid 50% or higher gain very soon. I will be watching closely for the right opportunity to invest. It's all about Market structure, Area of value, and Entry Trigger.
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.
Simplicity Wins
LUNA HUGE PARABOLIC MOVE IDEA!LUNA is such a great project and has such a good ecosystem with mass adoption.
Based on the LUNA CHANNEL and EXPONENTIAL growth it could reach $600-900 with a blow off top at 2.272.
Any project with network affect has huge growth potential and I believe this is so undervalued.
NFA!
$MASK/USDT 4h (Binance Futures)Falling broadening wedge breakoutMask Network has regained 200MA support and is looking good for a bounce after that pull back!
More information about this decentralized portal also working on BSC and Polygon Ecosystem on mask.io
Current Price= 10.3914
Buy Entry = 10.4861 - 10.1051
Take Profit= 11.5529 | 12.9695 | 15.0620
Stop Loss= 9.2858
Risk/Reward= 1:1.25 | 1:2.65| 1:4.72
Expected Profit= +24.42% | +51.94% | +92.60%
Possible Loss= -19.62%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
$FXS/BTC 4h (Binance Spot) Bull-pennant breakoutFrax Share broke out bullish locally and looks ready for another leg-up that pull-back.
FXS is not only a DeFi token but also a member of the Avalanche Ecosystem!
It works as a governance for the Frax Protocol, which is the first fractional-algorithmic stablecoin system (FRAX).
Current Price= 0.00012369
Buy Entry= 0.00012395 - 0.00011715
Take Profit= 0.00014456 | 0.00015810 | 0.00018294
Stop Loss= 0.00010275
Risk/Reward= 1:1.35 | 1:2.11 | 1:3.51
Expected Profit= +19.92% | +31.15% | +51.75%
Possible Loss= -14.77%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
ADA/USDT Update: 3$ was met. Smart contracts launch today.Intro:
- Today is the official launch day for the goguen era and with it smart contracts which will result into a vast ecosystem.
This is the update the whole Cardano community waited for years now and patience seems to be rewarded.
- Guys please give me some feedback to improve my charts, analysis and commentaries.
Daily chart:
- We did reach the anticipated 3$ which marks a new ATH and took some profit.
Later Cardano crashed together with the whole ecosystem and even touched the 2$ line which represents a 30% correction.
- Currently the market is very volatile since nobody knows the impact of this new starting point integrating smart contracts.
One could suspect that some people take profit and now look for ADA gems to invest which would result in a small ADA selloff.
- During the drop we see that the Fib levels 0.5 and 0.38 did hold so far.
- The current bottom is likely to be 1.4$ or 1.8$, so don't panic if we visit this regions again.
- The RSI is in a steady downtrend since mit August and currently does not look like it even tries to recover.
- Overall ADAUSDT is a very messy chart and we can't recommend trading ADA for now.
(The following description is taken from last discussion.)
- We spot a beautiful W recovery drawn in blue. As mentioned in other analysis we consider a W shape recovery to be very strong reliable.
- Volume rises again which is a bullish sign. However volume did not reach a level near to previous volume spikes which could indicate that the big chunk is still coming.
- The resistance levels at 1.4$, 1.85$ and 2.4$ were take out all within a short period of time.
- The 1.85$ resistance level was tested and now acts as support.
Expectation:
- The anticipated 3$ were hit and the 12th of September is here.
The next days will lead the path and it is anybody's guess where we head next.
Currently we can't recommend buying and trading ADA since we are so close to the newly formed ATH and potentially have a lot of downside potential in the very shortterm.
- Let's see how things play out over the next week and discuss again.
- Once smart contracts are running and the ecosystems grows we maybe even will see a 10$ cardano one time. Stay tuned and hodl on.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone . Check the description.
SOL to $333 | #SOL #SOLUSDHello Padawans,
First of all, do not take this as a piece of financial advice.
As I said before, SOLana has reached the $200 level very easily, you can go and read the caption out there.
I have specifically mentioned #SOL and why I loved the project personally.
To reach this level, definitely, #BTC should recover soon, and as well as it should go above the $50000 level.
Let's see what's gonna happen.
Stay Safu, cheers!
May the force be with you.
An Eco-System Is BornI have been long awaiting the launch of Efinity
I can't attest to what will happen with price action in the short term, but long term ENJIN and its surrounding ecosystems are posed to take over the NFT and Gaming crypto space.
Do your own due diligence and research into what ENJIN is building here with launch of Efinity and Jumpnet.
Small piece of information pulled from the Efinity whitepaper:
"The Enjin JumpNet blockchain allows users to execute transactions for free. In order to offer this, JumpNet imposes a series of limits against each address on the network.
By holding EFI on JumpNet (referred to as "JEFI"), users will be able to increase their JumpNet transaction limits. For every 100 JEFI* a user holds on JumpNet, their limits will be doubled (up to designated limits)."
ENJIN chart linked below in related ideas.
As Always,
Good Luck And Safe Trading.
9% Dominance or 810B Marcketcap (ADA) if the cycle peaks at 10TWe are forming a cup and handle bullish formation. in the last 3 days CARDANO jumped to almost 2.5% in a bullish market. We may reach a peak of 8-9% market dominance if the cup and handle succesfully forms. this increase is anticipation of SMart contracts rollout in Sept 12/
Terra LunaVery Strong Ecosystem Project. DYOR it before buy it. imo this project Bottomed already with the last BTC Crash and got a very strong rebuy around 4$. Time to shopping a bit.
What Is Terra (LUNA)?
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.
Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2020, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options.
Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on governance proposals.
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Trading Parts :
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- Buy Zone : Now
- Rebuy Zone : 4.5$-5.5$ is gift
- TP1 : 11.5$ ( Security TP )
- TP2 : 18.9$
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As always follow theKing on priority!
Happy Tr4Ding !
Ocean Extremely UnderValued Target $1.9-Mid cap coins like Ocean haven't been doing so well lately due to the fact that the fiat flow has been going into many Low cap coins like Shiba Safemoon all the meme Coins
-Although Ocean is not a Defi Project it is a ERC-20 Which relies on ETH
-If you have been in the crypto space in the past few months you know that ETH has been pumping like a rocket so my predictions are coins that are built of ETH even if they are not DeFi projects will pump dramatically in the next few weeks possible Months depending on the amount of follow that enters the space.
-On the Technical Level We see That Ocean is in State 3 of this Advanced Accumulation phase.
-We also see it has dropped over 50% in the past few months
- From an Investors POV Ocean IMO has a Great fundmentals being able to own and share your own Data without companies selling your info to other companies. They are also speculated to be working with car companies such as Bmw and General Motors to improve self driving technology based off of AI technology.
- Theres My Shill on the coin so make sure you all do your own Research as well
on the Chart i have provided where i will be buying as well as Target Prices.
RAMP minimum 2x potentialRSI and MACD is super bullish. RAMP is in SOLANO ecosystem and i think every SOLANA coin will pump very nicely.
You can see why I expect at least 2x from RAMP
https://cha👌rts.cointr👌ader👌.pro/snapshot/👌od8A4
(just clear 👌. don't have pro membership. sorry for the disturbance)
ELA/USDT Update: The recovery startet. Get ready for 8x.Elastos did do a retest eventhough it did not touch are drawn box.
We are heading upwards now and rightly so.
Checkout the roadmap of elastos here:
elastos.info
Sidechain proposals will be updated in May 2021.
Java and Python are coming before Q4.
The volume keeps up which is a good sign.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
2021 Kin end of year pitchfork pattern $0.06-$.10- $0.25Ok, I am using three Pitchforks to give us a guestimate of where Kin could touch certain fib lines on its way to breaking above its previous all-time high price of $0.0014-$0.0016. I have included two more price targets of $0.10 & $0.25, we never know and in crypto anything is possible. Recently Kin has been on a beast run and understood with new & better exchanges and developers coming on board. One great strength Kin has is using the Solana blockchain which has one of the fastest transaction speeds in the entire crypto world achieving 50,000 TPS. Try sending some Kin from one Solana wallet to another and it is nearly instantaneous and this is why Kin will become one of the fastest cryptocurrencies in the entire space.
ONE/USDT Update: Pullback after 30x moveONE had an amazing ride and finally got some pullback.
We got a bearish double top and are currently within a small downtrend.
The decreasing volume supports this assumption.
Watch the purple line for e breakout.
The first target is the newly formed ATH and the upper limit is the sky.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ADA/BTC Update: Consolidating after bullish H&S BreakoutThe same infos holds as posted for ADA/USDT.
Here we see an excellent example for a bullish Head and Shoulders breakout.
We reached the first resistance line and are currently consolidating bellow.
For new entries you could take the price indicated by the box.
We are very confident that we will reach all our targets set within this chart.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ADA/USDT Update: Cardano now is fully decentralisedCardano reached d=0 and is now fully in the hands of the thousands of stakepools.
This truly is a milestone and Cardano is still just starting.
Dapps are around the corner and are expected to be live within the next months.
In our oppinion Cardano is one of the best coins for longterm holdings.
The volume decreases steadily since we are within consolidation phase.
Be ready for the breakout.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
🚀Kick Ecosystem. $KICK LONG and HOLD.We have a golden cross and a broken resistance.
HOLD.
x100 and x1000 coming soon..
ADA/USDT Update: Cardano 360 incoming + unknown newsCardano got a Coinbas Pro listing and did pump 40%.
Since the whole crypto space currently is bleeding also Cardano drops.
Now we are back at a critical position and again just before some other news, namely Cardano 360 plus additional yet unknown news.
It's unclear this news will impact the price heavily.
If it does the breakout seems possible and then also 3.5$ isn't far away.
In case it doesn't we expect Cardano to dip.
The double top supports that idea.
Possible entryzones are shown by the boxes.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Solana 2021 end of year price speculationGiven that Solana is a fairly new and not even a year old blockchain we need to look at the amazing benefits it brings to the crypto world. One of these is a whopping 50,000 transactions per second beating every competitor hands down. Ethereum handles 15-25 transactions per second, Ripple with 1700 TPS, Bitcoin 4.6 transactions per second, EOS claims 50,000 transactions per second but not sure. Also, Solana's average fee per transaction is 0.00005 with global validators now at 689 and growing. You also have an impressive Solana ecosystem with great platforms like Binance, USDC, Crypto.com, Exodus and Atomic, Band Protocol, Bitfinex, Tether, Chainlink, Kin, Ledger, and the list goes on and on. I use Solana wallets and it amazes me how lightning fast the transactions are. I mean it literally sends my Kin the instant I press the send button it confirms and deposits instantly.
solana.com
It is clear that Solana will be a huge competitor to Ethereum, Tezoz, Cardano, and other similar platforms. I am thinking that with such a low circulating supply with Solana of only 267,460,091 SOL, we could see a serious higher price at the end of this year.
My end of year price points for Solana: $900, $2,000 & $3,000