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XMR Correction of the previous rapid growth is necessary.Essentially, this idea is a corrected fragment of our global vision presented in the previous idea. Most likely, the rapid growth of XMR was caused by the news about the hardfork, which took place on 17.10.20. The Monero update was successful and as a result increased the transactions speed when compressing information, as well as increased the level of users anonymity. And even earlier, there were rumors on the Internet that when Bitmex started having problems with the lawsuit with all its consequences in early October, users withdrew from the BTC exchange, and other exchanges began to block them. T hen users switched to anonymous XMR , which increased the demand for it and, accordingly, the price. Although, it is time for Monero to work according to the technical analysis rules. That is, to correct this rapid growth. We see the first target from below in the zone $97-100 The more global target below is around $75 ______________________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
XShort
by P_S_trade
2
YFII Well, the "second bottom" as a gift or still to $1900?Our previous idea accurately worked out, and given the great interest of users and their "support", it's time to update thoughts on YFII. For 3 months, the YFII cost has been non-stop falling in the channel. For the first time, the "bottom" at the level $1169 was recorded on 10.07.2020, and the fall was 88% of the maximum value. Those days, the maximum trading volumes were recorded, that is, there was interest. Today, for the third time, the price has approached "conditional bottom"level . But trading volumes are gradually decreasing, you need to carefully monitor whether there are interested large buyers, because so far there are no applications for a rebound from the “bottom”. Although, we see the following scenarios in the near future : If the price can fix above $1385-1400 and exit from the falling channel, then the way to a firm volume level $1900 will be opened. If the price breaks the "bottom" down and fixes below $1135, then there will be every chance to get a second "bottom" at the level $860 or even a third "bottom" in the zone $500-630. P.S. our YFII trade here ______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Y
by P_S_trade
UNI. 4h. Purchase in the range $2.15-2.30.The coin is young and has no trading history, so it is rather difficult to even imagine its possible price movement. Our previous idea did not work in full. The price did not reach $7 . Although having bought it at $3.9 (UNI price at the time of the previous idea publication) there were many opportunities to sell at $5-5.2, having caught 30% of the price movement. If we assume that UNI will not move after BTC, then the scenario of growth to $3.90 will be the most positive. However, we consider $2.15-2.30 to be the first safe zone for long purchases. ______________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
1
YFI. We are waiting for correction continuation at $9250-9750.Our pessimistic forecasts regarding the YFI fall came true. After we published the previous idea , a two-week fall began without corrections. The price decreased by more than $17,000, or in 2.5 times, the fall was about 60%. As soon as the price reached the red zone, there was a rebound, which is now 50%. Just phenomenal volatility) Now the price is in the critical range $19,000-21,000. From this range, in case of positive news absence, we expect a new wave of fall in the range $9250-9750. Of course, now it sounds like unrealistic numbers and everyone is already tuned in to see the historical high update ... Well, we are ready for criticism and will gladly talk with you in the comments! _________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
3
SNAP PredictionSince the election is less than a week away & uncertainty continues to grow due to COVID, I believe SNAP will have no choice but to pullback & fill the gap from earnings last week. Not only is it extremely overvalued, but I don't see it as a good hedge against a possible market correction in the near-term future. The only thing holding it between this 40-42 level, in my opinion, is the overconfidence of investors in the social media sector, however, volume has been steadily decreasing this past week. Another possible reason it's been holding up against a bearish market could be some form of manipulation, but I'm not sure. Heavy open interest with Oct. 30 call & put options is sitting between this key level as well, so that could be a reason for manipulation to eat away at premiums, but of course this is just me speculating. Other than lowered volume, major overextension on the RSI, crossing below VWAP, crossing below EMA20 this morning, & no actual support anywhere near the current valuation, I don't see any technicals pointing toward it becoming bullish. Let me know your thoughts.
NYSE:SNAPShort
by r1chAl
7
GOLD will BREAK SUPPORT lineFor starters, let me remind you of my past ideas that came true. Initially, the price rose to the resistance line. Then it continued to rise from the support zone. After yesterday's drop, gold has fixed in the support / resistance zone. The price continues to move neatly without strong fluctuations. It is located near the intersection of two lines: resistance and support. Obviously, they are now holding back the movement. However, I expect that after such a temporary calm down, the price will leave the zone. I expect the price to bounce off the resistance line and break the support line. After that, it will gain a foothold at the intersection of the lines and continue to fall. In this case, the price target is the support line 1853.7. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻
OANDA:XAUUSDShort
by Lingrid
14
GBPUSD continue fallingOn October 15, the price made a small breakdown of a very strong resistance line. The last time she made such a breakdown was several years ago. Therefore, now I think that the price will not return to this line but will fall. This is confirmed my past prediction. Now the price is in a descending channel and has already broken through its lower border - the resistance lineg in an ascending channel and is now at its lower border. I expect the price to continue falling. The target is support lines. -------------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
10
GBPCAD returns to the support lineMy last analysis of this pair was on September 26th and then it came true. Two weeks ago, the price came to the green support zone - the line crossing. This is a very strong support as one line was formed in 2018. Therefore, it is not surprising that the price began to rise. But there is a small line of resistance in its path. I expect that the price will not be able to break this line. He just touches her and then falls. The target is the support line. -------------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
8
ETH. 6h. $315 --- $284 --- $250 ---- purchase!We continue the ETH marathon. In order not to repeat global arguments, according to our main scenario, we suggest that you look through our previous ideas! No matter how many times Ethereum resists and relies on the level $335, its fall is inevitable. Below is the level $315 , after passing which the way to $284 will be open. P.S. The global target $250 remains in force. ______________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
1
ETH. 4h. The first target is $315 with the prospect up to $295.Reasons of the fall. If you follow our ideas, you already know that globally we are waiting for ETH at $250. This scenario could only be canceled if the price fixed above the level $363. According to t he previous idea , two unsuccessful attempts of buyers to fix above this mark are clearly visible. The weakness of buyers only increased the probability of our scenario being worked out. The cheeriness of the fall was certainly added by the news background, which we analyzed in BTC idea. Local targets. Today attention will be focused on the level $315. In case of the level break down, the next stop is $295. If buyers do not resist and decide to wait out and not keep the price, we will see the mark $250 much faster. But by then we will update the idea. Therefore, like and subscribe to us to keep abreast of events and fresh ideas.
Short
by P_S_trade
2
COMP 1D. Next Potential Bottom Range is $72-80.Briefly about the protocol. The Compound Platform is a Defi lending project developed on the Ethereum blockchain. Basically, any cryptocurrency owner can deposit it into a smart contract, where it joins the liquidity pool and starts generating interest. So far, the Compound protocol supports the following altcoins : ETH, DAI, SAI, USDC, USDT, WBTC, ZRX, BAT, REP. We have seen a strong downtrend since September. However, there was a light at the end of the tunnel! After sellers tested the mark $94. The price exited the falling channel and attempted to break the level $107.5, which would open the way to $123. However, it could not be done and the light went out at the moment. In our opinion, the scenario of the COMP price returning to the falling channel is more realistic. Moreover, we think that the token will renew its historical low and stop in the range $72-80. An alternative scenario is possible only after fixing above $107. If we see such a probability, we will immediately publish an idea about it! ________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
FIL 4h. We want to buy in the range 0.00146-0.00182.Filecoin is a project to create a decentralized storage platform with embedded cryptocurrency (Filecoin, FIL). Since 2014, it is implemented by the California blockchain startup Protocol Labs, a developer of IPFS systems. The idea of the project is to give one computer user the opportunity to earn FIL for using the surplus capacity of their hard drives for decentralized data storage. In 2017, at the FIL token presale, the project attracted $52 million from investors, and then at the SAFT crowdsale - another $205.8 million from accredited investors. In 2017, Filecoin set a record for funds raised among ICO projects. As we know, many scam projects were created during the 2017 ICO boom, but Filecoin is working and developing in step with the trend. A crypto-dinosaur who survived and wants to support Defi, because the decentralization ideology has been in the project since 2014. And it means a lot ! Filecoin week of events starts today. Among which are the launch of Mainnet, Defi-bridge and Defi-storage. On the eve of this news, and even more after the information that the top crypto-exchanges will list FIL, token made from x10 to x20 per hour , depending on the exchange. However, now such enthusiasm or speculation on price has disappeared. The current trading price is x2 from the last month, which is also not bad. Another factor in reducing the excitemen t around the token (although we cannot say in terms of volume) is the strike of the Miners, through the "unfair" economic model of rewards. Even such processes have come to crypto market. We try to analyze the possible future movement of the token price. The FIL value needs to find an adequate market price at which investors will be ready to buy. While developers and miners are quarreling among themselves, then for speculators it is the ideal time to push the price down. Let us assume that the price in the zone 0.00146-0.00182 will be very tasty for purchases in long! _______________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
2
BNB. 6h. The first target is $26.Not all forecasts come true equally well. A prime example is BNB coin . This time, we underestimated the strength of the coin's correction. Nevertheless, the BNB price remained within the price range, which is on the downside. Now we see two levels-magnets that pull towards themselves. We expect the first stop of the fall around $26. There may be a short trade and the continuation of the fall to the strong level $22. __________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
4
LINK. 6h. Buyers weakness and test of $7.6-7.8.We are glad to meet with you again to analyze the market situation of LINK coin . In our previous idea , we wrote that the next important zone for us is $8.40-8.70. Recently LINK price set a local low $8.79. In response, buyers were able to organize a slight bounce and test the mark $9.5. This information gives us the right to assume that the Link price will continue to fall to the zone $7.60-7.80. In this zone, you can try to buy back with a target $9.50. ________________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
2
OMG. 12h. We don't believe in OMG above $5. Our target is $1.8.While $BTC price was growing hard , OMG used a chance and made a minimal correction after such a strong 4X fall. The final boundary of the correction can be one of three levels: 4.25 - a false breakout so far 4.65 - almost reached him 4.95 - we don't believe in growth above this level. Those who entered the long near $3 - it's time to place orders and take profit. Those who bought on highs, it's time to think about fixing the loss. It is not a fact whether it will be allowed to do above $5 in the next few months. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
OShort
by P_S_trade
10
BTC/PAXG Binance listing, BTC cliff fall or fly?With BTC to be listed for trading against PAXG on Binance at 12pm UTC today, shall she fall off the cliff? or shall she fly? (apologies about the noisy chart.. its what i have been actively trading with) All in all, im of the opinion that it shall be interesting to observe the PRICE ACTION, whether any movement happens or not... Once BTC (referred to by some as digital gold) goes up for trading against PAXG (actual digital gold, redeemable for physical gold bullion) on the world largest crypto exchange, i see this as a rather MONUMENTAL day. all the best to you all, BIG LOVE!!!!
by cryptographer69
1