HOP back to it's all-time-high, as the merge approaches...Nothing overly thought-through, I just think HOP is a) a technically excellent team/protocol, and b) launched at an awful moment (simply bad market luck), and with the upcoming Ethereum merge is destined to... at the *very least*...re-test that initial all-time-high.
Macro economic environment allowing... I reckon the orange line is where we are heading.
Just my idiot, un-infomed opinion. Enjoy sensibly
Merge
⚡️ #ETH/USD - The Merge-ereum ⚡️#PEOPLESCHOICE
#ETH
Probably the most talked about and promising assets to hold rn, it is pretty hard to go anywhere in crypto atm with out getting slapped with some Mergereum news. although it is what the market needs right now, so no complaints here- with huge consistent volume coming in them Whales are accumulating. As per some handy on-chain data the larget ETH buy in 7 months has been made at $1.7b which is a whole lotta ETH at these levels.
The big story is the Merge - whilst its not in the roadmap for Sept. it is a prediction of one of the devs there.
Projection on chart are based on the perfect scenario - ie no more global meltdowns or FUD and is ultimately subject to BTC. Expecting a retrace with TD9 forming, trendline & price resistance as well as a Bearish peak on the Alpha Wave.
Proof-of-Stake Coins Are Now Winning Web3. Can Bitcoin Survive?Along with the "decoupling" event that happened on Friday, Ethereum's announcement of the ETH2/Consensys/Merge coming up in August is likely to create some waves in the crypto space as the date approaches - not only will it affect the ETH ecosystem itself, there's a chance that it could have significant ripple effects on the tokens minted on top of it as well.
Over the years there has been, however, a general trend towards Proof-of-Stake systems gaining more favorability, especially among DeFi projects - because of its greater efficiency and ease of use. After the merge, Bitcoin may be the only project left on the charts that is using the Proof-of-Work model - what does this mean for Web3 and crypto spaces longer term?
ETH/USD Weekly TA Neutral BearishETH/USD Weekly neutral with a bearish bias. *Depending on the outcome of the launch of the Merge (transition from POW to POS) on Ropsten testnet 06/08/22, many in the Ethereum community ( including co-founder Vitalik Buterin ) believe that it could launch on Mainnet by August if the transition is successful... or by September-October if there are any hiccups.* Recommended ratio: 45% ETH, 55% cash. Price is currently formally testing $1944 major support (which coincides with the uptrend line from June 2020); this is a critical support, if broken it will likely lead to a significant drop (at least 25%) down to $1400 and perhaps below. Volume remains moderate and is currently on track to favor sellers for eight consecutive weeks (new Ethereum record). RSI is currently trending down at 34 and is quickly losing support at 37.35 as it aims to test the lower trendline of the descending channel from August 2020 at ~32. Stochastic remains bearish and is currently testing max bottom as it will look to form a trough and attempt to cross over bullish. MACD remains bearish and is currently forming a new ATL at -274.38 with no signs of trough formation. ADX is trending up slightly at 21 as Price continues to fall, this is mildly bearish. If Price is able to defend support here between the uptrend line from June 2020 ($1825) and $1944 major support, the next likely target would be a test of $2361 resistance. However, if Price breaks down below the uptrend line from June 2020 at ~$1825 then it will likely test the lower trendline of the descending channel from October 2021 at $1407 support before potentially heading lower to test the 200 MA at ~$1200 for the first time since July 2020. Mental Stop Loss: (two consecutive closes above) $2000.
ETH/USD Daily TA Neutral BullishETH/USD Daily neutral with a bullish bias. *Equities are seeing a small bounce today with markets trying to price in a theory that the Fed may slow down interest hikes after frontloading in May and June; either crypto markets led the rally earlier this week or they're following. If crypto surges it may be short-lived so it's prudent for traders and investors to have tight mental stop-losses and be wary of a potential Dead Cat Bounce or Bull Trap.* Recommended ratio: 53% ETH, 47% cash. Price is currently completing a weak Descending Triangle formation (weak because it can also be a Bull Flag) as it tests $1941 support for the eighth consecutive session and now twelve of the last fifteen sessions (80%). Volume remains moderate (low) and fairly balanced between buyers and sellers; however, it is currently on track to favor sellers in today's session (this would be mildly bearish). Parabolic SAR flips bearish at $1760, this margin is neutral at the moment. RSI remains testing 36.91 resistance for the tenth consecutive session and is currently trending down at 35.40; it has been forming higher lows since 05/18/22, this is mildly bullish. Stochastic crossed over bearish in today's session and is currently trending down at 84.50 as it approaches a test of 80.69 support. MACD remains bullish and is currently trending up slightly at -200 as it attempts to break out of the descending trendline from 04/05/22; if it can successfully break out above -200, the next resistance is at -90.80 so there is a lot of upside potential. ADX is currently trending down at 48 as Price continues to hover at $1941 support; this is mildly bullish. If Price is able to break out above the upper trendline of the Descending Triangle/Bull Flag at $2025, it will have to reclaim support at the 50/50 uptrend line from March 2017 at ~$2130 before it can aim to test $2408 minor resistance. However, if Price breaks down below $1941 support then it will have the lower trendline of the Bull Flag at ~$1840 to test as support before potentially falling to test $1426 support. Mental Stop Loss: (tight stop loss - one close below) $1840.
ETH/USD Daily TA Neutral BullishETH/USD Daily neutral with a bullish bias. *After a small crypto rally over the weekend, the crypto market took a dip on Monday while stocks generally were positive; this is still not a decoupling because the stock market is closed over the weekend while the crypto market is not. Both crypto and stock market sentiment are ranging in Extreme Fear levels... this is typically when you want to be buying if you have a longer investment horizon.* Recommended ratio: 53% ETH, 47% cash. Price is currently forming a weak Descending Triangle (because it can also be a Bull Flag) as it tests $1941 support for an eleventh consecutive session; this is mildly bearish if it gets rejected by the upper trendline of the triangle. Volume remains moderately low and is currently on track to break the two day streak of buyer dominance if it closes today in the red. Parabolic SAR flips bearish at $1749, this margin is neutral at the moment. RSI is currently trending down and testing 36.91 resistance; if it can bounce here then it would be bullish (next resistance is at 55.31). Stochastic remains bullish and is currently trending up at 96.71 as it approaches a test of max top. MACD remains bullish after crossing over in yesterday's session, it is currently trending up at -216 as it approaches a retest of the descending trendline from 04/04/22 at -206. ADX is trending down slightly at 48 after making a soft peak at 51 as Price is defending $1941 major support; this is mildly bullish at the moment. If Price is able to break out of the descending triangle and close above $2144, then it will likely retest $2408 minor resistance before potentially heading higher. However, if Price breaks down here, it will most likely be a significant downturn to $1426 support and potentially lower. Mental Stop Loss: (two consecutive closes below) $1941.
ETH/USD Daily TA Neutral BullishETH/USD Daily neutral with a bullish bias. *Altcoins like FTM, KAVA, XTZ have all crossed over bullish on the MACD and broken out to the upside -- this is bullish for the broader crypto space and implies that a weekend crypto rally is likely underway.* Recommended ratio: 60% ETH, 40% cash. Price is currently testing $1941 support for the sixth time in ten sessions and is forming a bull flag in the process. Volume remains moderately low and fairly balanced between buyers and sellers in the past five sessions indicating there is some consolidation taking place at this level. Parabolic SAR flips bearish at $1731; this margin is neutral at the moment. RSI is currently trending up slightly at 35 as it approaches 36.91 resistance. Stochastic remains bullish and is currently testing 80.69 resistance. MACD remains bearish and is trending sideways at -239, if it can manage to cross above -231 then a bullish crossover would take place; the next resistance is the descending trendline from 04/04/22 at -200 and the next support is the ATL at -318. ADX is currently trending up slightly at 50 and appears to be preparing for peak formation; if it peaks and Price goes up, this would be mildly bullish. If Price is able to bounce from $1941 support then the next likely target is a retest of the 50/50 trendline from March 2017 at ~$2100. However, if Price breaks down here and loses $1941 support, the next likely target would be a retest $1426 support (last time tested was February 2021). Mental Stop Loss: (two consecutive closes below) $1941 support.
**Traders pls be vigilant as ETH approaches $2100... may want to derisk if this is in fact a weekend Dead Cat Bounce**
ETH/USD Weekly TA Cautiously BearishETH/USD Weekly cautiously bearish. *With the merge finally expected to be deployed on Ropsten Testnet around June 8th and then hopefully on the Ethereum Mainnet within the following few months, Terra collapsing and Solana network outages... there is reason for bullishness, but with fears of full blown recession being staked by the US economy being in stagflation it's generally advised to be risk off unless you're an investor with a long time horizon.* Recommended ratio: 30% ETH, 70% cash. Price is currently testing $1944 support which is just above the critical uptrend line from June 2020 ($1800). Volume is currently lower than last week's and on track to favor sellers for a seventh consecutive session. Parabolic SAR flips bullish at $3917; this margin is mildly bullish. RSI is trending down slight at 34.60 and is still technically testing 37.35 but if it doesn't bounce here then it will likely test the lower trendline of the descending channel from August 2020 at ~32. Stochastic remains bearish and is currently trending down at 3.51 as it will look to touch max bottom in the current or next session. MACD is currently forming a new ATL at -232.81 with no sign of trough formation. ADX is currently trending up slightly at 22 as Price continues to fall, this is mildly bearish. If Price is able to defend support at $1944 then it will likely consolidate before retesting $2361 resistance. However, if Price breaks down here, it will have the uptrend line from June 2020 at $1800 as the last line of support before potentially testing the lower trendline of the descending channel from October 2021 at $1407 support. Mental Stop Loss: (two consecutive closes above) $2361.
NEAR / BTC - Near Protocol LONGNear ProGE momentum - working, sharded Proof of Stake is already here ... plus the ENORMOUS investments being made by the cream of the VC crop into $NEAR
Put it this way:
Go LONG $NEAR Near Protocol - TA on the relative USDT & BTC charts are aligning for a massive breakout to the upside.....
Long $eth EthereumETH looks to have finally reversed it's downward momentum (towing the line from BTC). Rumours and news emanating from the Ethereum Foundation suggest that the merge ( effectively Ethereum 2.0) is on track for a June-August release date - with this in mind I think $eth has some wind in it's sails and .....
I'm Long as follows:
Entry: 3425.0
Stop Loss @ 3240.0
Leverage: 6x
Margin(USDT): 1498.10
Take Profit @ 3950.0
Nuvve To Become Publicly Listed Company Nov. 12, 2020: Green energy technology company Nuvve Corporation, the global leader in vehicle-to-grid (V2G) technology, and Newborn Acquisition Corp. a publicly traded special purpose acquisition company with approximately $57.5 million of cash in trust, announced the signing of a definitive merger agreement to take Nuvve public.
The companies today also announced the signing of definitive purchase agreements with institutional investors for the investment of approximately $18 million in the combined company through a PIPE and bridge financing. Upon closing of the business combination, the combined company will be named Nuvve Holding Corp. and is expected to remain listed on Nasdaq under the ticker symbol "NVVE". (prnewswire.com)
NBAC has a Market Capitalization of only 89.222M
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
T-Mobile and Sprint mergerIt is finally happening: T-Mobile nears Sprint takeover. As a result, german telecoms provider´s debt decreases. Wer are talking about $26,5 billion purchase of Sprint, of course, only if T-Mobile achieves to win court´s Nod for the takeover. According to the latest rumors things are going smoothly.
The combined company will operate under the T/Mobile name, and will have a regular monthly subscriber base of about 80 million, thus entering the upper league as AT^T Inc (75 million) and Verizon (114 million).
In case we finally see the merger, T/mobile will jave more spectrum than any other carrier. It refers to the frequencies through which wireless signals are transmitted. In other words, it will give the company an additional advantage over its competitors.