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Massadoption

BTC/USDT Update: Retesting the 0.5Fib and finding supportBitcoin stabilized between the 30k and 40k range and found support around the 0.5 Fib line considering a swing from march 2020 to march 2021. The RSI is near oversold and the 30k area is a strong support range. Most likely we will see some upwards consolidation towards the 40k line an break alongside the triangle of the violet line and the 0.3Fib. The Fear and Greed Index shows 10 which represents extreme Fear. We all know what this mean --> Be greedy if other are fearful. Overall Volume is increasing which is a great sign. 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. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
1
MASS ADOPTION BEATING SELLING POWERS - FUTURES - BTC - DAILYWe have observed possible very strong selling powers trying to influence the prince in the bearish direction. The red arrows are showing when strong selling power have possibly failed. Green arrows are showing some strong buying responses. Other bullish responses exists but are continuous drawing the hypothesis of small investors entering the market at those very high prices. The power of believe in cryptocurrencies and their future utility in the society brings more and more people in. The blue trending line is probably showing the trend of BTC. Dollar cost averaging is likely to be a good strategy to accumulate and benefit the most of it. More and more companies are studying the possibility of adding BTC Bitcoin to their balancesheet.
CME:BTC1!Long
by Diallo_Charts_Ideas
probably 500-700 correction incoming, but bounce afterwardsHi i'm new here and I've been following crypto for a long time, overall I'm fairly bullish in the upcoming months, and I think we will see struggles here and there. Fidelity is opening a lot of peoples eyes that this could be a first step into "mass adoption", and I think we all love to see those big hitters taking the risks and putting it on their own shoulder before we put it on our own. Truth is though is that a lot of small businesses are already accepting bitcoin, and other alt coins as payment just do your own research. Mass adoption will take place within this year, of course governments will do their best to hold the flood gates back because they are trying to protect their own dollar, but they only hurt themselves by disabling their country from not allowing it in. accumulate now and get in, because we goin' big.
BITFINEX:BTCUSDLong
by RsiWolf
1