Ismashprofit
Cardano Partnership Announcement#Cardano is increasing on-chain DeFi activity through collaboration with UBX.
They launched their own public stake pool where stakers can now earn rewards on their ADA for helping to secure & operate the Cardano #blockchain.
That's a good sign for $ADA holders.
The price is in a downtrend we might see a bullish reaction in the upcoming days.
A breakout and a retest above the ascending channel trendline will give Cardano's price a nice push-up.
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Best Regards, Reda Souhail™
Crypto Market Daily OutlookBitcoin Dominance is testing the trendline and bouncing from there.
Bitcoin Dominance is still bullish and with BTC high volatility we see more blood in alts market.
Dominance will go to 44% levels in the next couple of weeks.
The major support is 40% and breaks below will lead to a good rally in altcoins.
Market gainers are currently much bigger than losers and volume has picked up dramatically for this to be a Sunday trading session.
ETH and ADA remains the highest volume pairs and we’re likely seeing a weekly close push in the next few hours.
Get ready for it.
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Best Regards, Reda Souhail™
Bitcoin cup and handle pattern studyOne of the classic price patterns of traders is the Cup and Handle pattern.
This pattern is of particular interest to experienced traders when it appears.
Today, I’m going to apply this special price pattern To the bitcoin chart.
An important Zone that has been playing a major price action manipulation is the :
52800.00
52200.00
The cup of the pattern is a long-lasting price accumulation and recovery period.
The handle may go down till the 40k-38k zone before a bullish continuation back then a breakout and we will see new highs during the Q4, 2021.
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Best Regards, Reda Souhail™
$WAVES/USDT (3-5x) Direction LONGProbably the final grind down before a mid-term breakout, laddering orders all the way down to The lower range.
A breakout of the downtrend line will be followed by a nice rally and give us some huge profits.
TARGETS
Short Term: 24.40 - 24.80 - 25.50 - 26.50
Mid Term: 27.50 - 29 - 31 - 34
Best Regards, Reda Souhail™
Get ready for a ridiculous weekend win with $LTCI'm Bullish on this old baby girl.
Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure, and low-cost payments by leveraging the unique properties of blockchain technology.
after the last pump and dump, it has been showing off the interest of people in it.
Get you some my targets are 152-155-160-170-180-210.
Reda Souhail™
$THETA is a beast watch it outTheta (THETA) is a blockchain-powered network purpose-built for video streaming.
Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.
The project is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.
My entry on the chart is clear also as my stop loss.
My targets are :
Target 1 - 5.20
Target 2 - 5.30
Target 3 - 5.40
Target 4 - 5.60
Target 5 - 6.00
Target 6 - 6.70
7.50 - 8.50 - 9.70
Reda Souhail™
New Resistance area over the last 14 daysThe New Resistance area over the last 14 days is making the pullback of bitcoin price kinda slow and the good thing is we are still above our major support level.
Up probability 49% Down 51%
In the next upcoming days, I'm predicting the bitcoin price above 47k.
Reda Souhail™
$ETH breaks the retest area aggressivelyEthereum dips to the retest area and even breaks the zone aggressively.
Price almost dump till next support zone after the break it.
There's is wick showing some sort of buying activity📈.
Bitcoin also trying to hold above the major support level. Hopefully, we got a bounce from here.
Reda Souhail™
Bitcoin is under big selling pressure🛎 After the nice rally that $BTC did lately, we might see a weak momentum from the bull's side and take a BC correction...I told you.
Now as you looking at the chart it seems like Bitcoin is under big selling pressure.
I expect a pullback then a higher move in the next upcoming days
Stay Safe ! Reda Souhail™
51K in the next upcoming daysI am still bullish on BTC and the same thoughts I had on my previous analysis that we are about to test The 51k area after breaking our major resistance.
The divergence and the structure look bearish in the past 72h but I expect a little move down to the 46-45k levels before the take-off.
Reda Souhail™
Bearish Scenario of $BTC, Elliott Wave theory and FibonacciThe Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology...After the nice rally that $BTC did lately, we might see a weak momentum from the bull's side and take a BC correction.
Mixing The Elliott Wave theory with Fibonacci retracement I can know approximately when we might end up with the BC correction...At The Golden zone of Fibonacci.
Reda Souhail™
A descending channel is the most bullish form of consolidationFor the past couple of days, we have been creating a descending channel which is the most bullish form of consolidation with the highest probability of breaking to the upside and you can clearly see of course we broke right now our very important diagonal resistance level to the upside right there on the bitcoin chart and now our major resistance started to push the price down the 48840.00$ Level that will be my main focus for the upcoming days.
The Next Target of Bitcoin if we broke the major resistance level will be The 51k$ or above area.
Reda Souhail™
The S&P 500 is fine...a higher move expectedTechnically the S&P 500 looks bullish to me, after the trend we've been through since 30 October 2020 we've been holding a major support trend line ...
We boke it 3 times down but the 50 moving average did a great job holding the price up 6 times for the past 202 days every time we broke below the trend line ...
This time we are facing the same situation...and a higher move is expected.
30%-50% Returns in Less Than 20daysFirst of all, let's talk about the small market cap which is sitting at the moment of writing this at $74,450,063
This is a low Gem cap and it has a big potential of x3 and even x5.
The $DOCK price today is 0.1032.
What Is The Dock Network (DOCK)?
The dock is a platform designed to provide a simple solution for businesses and developers to build, manage and present digital credentials that are instantly verifiable using blockchain technology.
The Upcoming Events At The End of this Month :
Exchange Based Staking
Mobile Wallet App V0.1
Blind Signature Scheme
Ledger Wallet Support
Ledger Wallet Support
Dock Server
Mobile Wallet App V0.2
Reda Souhail™
$BTC trading above the major ResistanceAfter a nice rally, the bitcoin's price went all the way up to the 48550.00$ level and retested the major resistance zone (47582.00-47313.00).
That's a good bullish flag for all the BTC holders and traders in a short time.
the probability of going back down to the range zone is higher than the bullish continuation expected by market participants.
to not get disappointed in the long run we are bearish ...At The moment.
More updates coming sooner!
Reda Souhail™
Right now solana is in the exact same position that cardano wasSOL will be trading between 100 and 200 region and i think we're gonna be up above 150 consistently for the next six months and we're going to more than likely not see 1 000$
But we might see it push 2 or 300
in general it's going to trade sideways a little bit as its fundamentals start coming to the crypto community similar to how we saw with cardano
Right now solana is in the exact same position that cardano was
Another Move Lower For $ETHAfter the dump last week we started making some weak bullish corrections but we are still in a down channel I predict the etherum price will drop below 3000$ zone before another bullish take-off.
in the short terms, I see that ETH is bullish and you can take some profits inside the downtrend channel.
Stay Safe!