Long-term-bullish
THETA angling for successTHETA has been holding its support on the 3D timeframe since February 2021 and even with BTC’s recent downtrend, it has been able to (just about) keep above the ascending support (black line).
With BTC finding local support, many alts have begun to push back up into previous channels and I believe THETA may also push toward the upper line in the long-term. I have marked the potential points of resistance (red lines) on its journey toward the upper trendline. If BTC has another sharp drop in the short-term, THETA will most likely head toward its support at ~3.19 (green line) which will be a 20% fall from current prices (~4.22).
With the current market conditions, I have found that trading with tighter TP targets has proved well.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments and thoughts below!
META long term bullish investmentMETA verse project, probably you heard about the project and everyone talking about how it will change the world. A new world with new concepts,
also, you see Facebook had changed its name to Meta for many reasons, to change the infamous reputation into a new one and convince you that there are the inventors of the Metaverse technology,
Metaverse was an old project that had many companies are investing in this technology, and like anything in the world it grows and got developed. Omicron and home lockdown will give the runway for this technology to expand.
You will hear different points of view about this project is it good is it bad for users?
for an investor, it's just an investment opportunity.
I see that people from over the world are enthused about this project, Big institutions and companies NASDAQ:NVDA , NASDAQ:MSFT , NYSE:RBLX , NYSE:U , NASDAQ:INTC and more ... are investing in this thing, the main trend Indicates a long-term investment opportunity. the main currency for this project will be Crypto so if you have any Cryptocurrencies assets don't sell them now, they have a future -Mark my word-
Position
------------
The chart doesn't say much, as a new ETF the time will draw the chart, so we cannot base predictions on past events. But we have major companies like I mentioned above and more like OTC:SNEJF , NASDAQ:TTWO , NASDAQ:MTTR , NASDAQ:COIN , NASDAQ:EA , NYSE:FSLY , that we can follow up on the overall performance as an META ETF companies, so we can make our decision.
Buy limit at these areas of the 14 $-15 $
14 $ area is the only support the chart made, so technically we will consider it as bounce back area to the uptrend.
What is the target?
for a new project ETF, we will see what is the market tends to so it's your call if you want to follow the Warren Buffett strategy and got out with a 100% profit target, that's fine. for me, I will hold for a long-term 3 years or more if there are no government quarrels over the project.
CIX at key levelAs you can see, CIX is in a long-term bullish channel and the trend line has supported the price so many times. The index is at the key support again and has broken the short-term bearish channel ( correction phase ) and now is completing its pullback to the broken line. Due to the total sentiment in the crypto market, it's possible that the pullback continues and creates a fake break out of the bull channel and make a lower low to the 1st static key support and then, return back into the bull channel and goes up to the mid-line of that.
This long-time bull channel can not break easily but it's possible that the index creates a trading range and start bouncing between these static and dynamic support.
XLM Forecast Daily TimeframeGood day ladies and gentleman today lets take a look at Stellar Lumen also known as XLM, with every other digital asset in the space that hit the sky in 1st Quarter of 2021 XLM hit its new ATH of $0.75 in May 2021 and then dropped to our support of $0.17 and ever since then its been trading side ways and today its trading at $0.25.
Therefore if XLM continues to hold that support and continues to trend up our trendline we see XLM breaking the $0.50 resistance before going ape and creating new ATHs following the BLUE path arrow to our target of $1.40-1.50 BUT if it breaks our support and trendline and retests and flips our support to resistance for confirmation of a down trend we could be looking into new lows for XLM following the RED path arrow.
Looking at the market and fundamentals we are still bullish for XLM longterm
Cardano 1D ADA ForecastGood day ladies and gentleman ,today we give an update on our last ADA forecast and what the charts are telling us.
Like most of these cryptocurrencies in May Cardano broke its 2018 ATH and set a new ATH of $2.38 in 2021 May and it retraced to its previous ATH at $1.10 and in by the end of August 2021 it created a new ATH of $3 and ever since then its been on a major down trend and its currently trading on major support of $1.20 which was ATH resistance in 2018 therefore we view this as major support.
To see an increase in the price of ADA it has to hold support at $1.20 then continue to climb up with the up trending liness and break through the $1.50 resistance before the price goes ape and follows the BLUE path arrow to hit our asset target of $5-6 Cardano.
News about a Cardano and TRON lawsuit are looming since they are being delisted on a certain exchange by the end of this year and the SEC may be going for them which may cause some issues with the price as it did with the XRP lawsuit therefore if this does happen sooner then we expect and ADA break the $1.20 support we might see a retest to confirm the downtrend and if so we might be look into new lows for ADA following the RED arrow path.
But the lawsuit never stop XRP from thriving although the price might still be suppressed investors who where in before the lawsuit made profit regardless...so we doen see this stop Cardanos great network and technology and the charts still confirms the we are still in a bullrun atleast one more leg up for ADA.
Usdcad on bullish trend This is a long term analysis for a long period investment.In this analysis, I use fibonacci retreament and some other technical tools.In the chart , I found the support and resistance for the next target.
FOR BULLISH MOVEMENTS :
1.27150 buy area
1.26300 stop loss
1.30300 take profit
FOR BEARISH MOVEMENTS :
1.26200sell area
1.24900 take profits
$EOS WAKING UPOn the DT frame, it has a bullish continuation pattern of the head and shoulders. Over the right shoulder the price action has answered the calls of the bulls forming an upward trend and a break and retreat of the 50EMA, 21EMA AND 180EMA. Buying 20% now and another 40% at the break and retest of $5.5 resistance zones. 40% as the Elliot waves progresses. We could have EOS at $30 long run. NFA DYOR
SOL ANALYSIS 🚀SOL or TOP and Popular 2021 coin , it will have very good trend and can grow with small correction and go up soon than others !!!
NOW DON'T GOOD PLACE FOR START HOLDING BECAUSE SOL HAVE ATH NOW AND YOU MUST WAIT TO GOOD CORRECTION AND WITH EACH CORRECTION ONE PART BUY SOL AND HOLD TO TP I SET IN CHARTS , FOR SELL YOU MUST SELL ONE PART OF SOL IN EACH PARTS .
Have a good times guys :)
ATOM ANALYSIS 💣ATOM is the one of best coin in 2022 and will have good price and target , So if you want hold coin in long term i really suggest ATOM (Cosmos) ...!
In the 4h time frame we have CUP & HANDEL pattern and before that had good TRIANGLE pattern and it mean GO UP .
Buy ATOM and HOLD to the moon (100$) .
Have a good time guys :)
Long $COIN$COIN - Coinbase Trailing 3 Mths
After todays announcement of Coinbase becoming the official crypto platform of the NBA, WNBA, NBA 2K League, & USA Basketball, the 1st Bitcoin Futures ETF launching yesterday from ProShares Trust, along with the recent up-trend in major Cryptocurrencies, I have a bullish outlook on $COIN for a long-term strategy.
My own vision for Bitcoin and my expectations I see that the bitcoin is creating a positive technical pattern that will be broken soon when the bitcoin reaches the area between 38 thousand to 40 thousand because it is a very strong area with many pending purchase orders, and it will be launched from it to break the flag pattern and start a new bullish wave that achieves the goals that I Expected
My advice right now is to suspend purchase orders about the level of this area
- 40,500
- 40 ,000
- 39,500
- 39,000
- 38,500
- 38,300
(There is another scenario that must be considered, which is the launch of Bitcoin before it reaches the specified areas, and in this case, it is possible to enter, In case
that it closes a daily candle above the 45000 level.)
The stop loss is in case Bitcoin closes a weekly candle under the 38000 level, Which is the Fibonacci level of 0.61
In the end, this is my personal opinion, and it may be right or wrong.
I wish everyone the best of luck.
CHAINLINK set for greatnessLooking at the big picture on the 5D, LINK/BTC is near a lifelong ascending support line (blue). It is also nearing the edge of triangle pattern formed by lower highs. Considering how solid the support is, I expect a break up from the descending triangle within the next 1-2 month at most. RSI is also in a long ascending pattern that I expect to zig zag steadily upwards. After that it should be free sailing to around its all time highs, netting a nice 130% profit.
Wave Theory for $PLTRI believe that PLTR has been enduring a long-term accumulation phase, with an IH&S appearing on the daily time frame. Watching today's price action was very encouraging, with more-than-usual volume helping PLTR break through an important resistance level (marked in yellow). I'll be watching to see if PLTR can push to Wave 3, therefore validating the next step in long-term accumulation.
US 100 / NASDAQ -If history repeats itselfHere is an idea into Spring and Summer 2022. If tech is the future, and stocks only go up, with pull backs and corrections along the way.
Triangle- Watching closelyWatching the financials closely in the coming few weeks, JPM closing on Friday sitting right on the 50day EMA and holding a little bull flag as well. will undoubtedly be a long-term play but definitely worth noting that there was a very clear bear flag on the XLF last week that could potentially continue to play out, so something to keep in mind. However, personally am bullish on financials here- Just some support and resistance levels to keep an eye on along with some RSI based supply and demand zones
$4T Total Cap Will Be A Huge Red Pill | #BTC #Crypto @CryptoObiHello Padawans,
I predict BITCOIN will be a 6digit valued asset at the end of 2021,
According to the total market capitalisation, it will be able to reach the $4T level as soon as the bulls return.
BTC.D will be above 50% at that time.
Let's see,
this is a small review, do not take this as a financial advice.
May the force be with you.