PERP, look very nice for huge profit. BINANCE:PERPUSDT.P
It was so hot. Look at its nice chart. It currently has a small bounce from its trendline and from fib 768.
With a tight stoploss , I think this will be a good setup. You can enter now or wait it retest the trendline to go in.
Enjoy! Moon it!!!
Do your own risk management.
Follow me for more chart analysis.
Patience is the key to success.
DYOR
Moonshot
WORLDCOIN BREAKOUT! WLDUSDTHi everyone hope your day is going well.
Today i would lik to share my analysis on WLDUSDT.
As we can see in the chart above the price action has created a
pennant formation.
Breakout level i would lik to see WLDUSDT get above $2.45 and close a
4hr candle above that level. We are reaching the apex of this pennant. Generally
this type of a pennant would break to the downside but being that this is openai aka chatgpt's
coin the narrative is that this coin will likely skyrocket well above $5 in the next month or 2.
The coin is currently ranked 131 on coinmarketcap and i see this becoming a top 25 coin in the
next few months.
in the short term where is it headed?
In short term i think we could see a potential run up to $3.17 that is where i have my take
profit set.
Thanks, LIKE and FOLLOW for more content! LiquidMEX
Ethereum (ETH) Corrects After Reaching Yearly High – Will $1,800Ethereum (ETH) has experienced a corrective phase following its new yearly high on July 14.
While the price action confirms the correction, the wave count suggests that ETH will likely bottom soon, paving the way for it to resume the previous upward trend.
Daily RSI Bearish Signal
The daily Relative Strength Index (RSI) is bearish, corroborating the Ethereum price drop. The RSI is a key indicator used by traders to assess market conditions. An RSI above 50 and trending upward indicates a positive sentiment for bullish investors, while a value below 50 suggests the opposite.
At present, the RSI is falling and below 50, signifying a bearish trend.
ETH Price Prediction: How Long Will the Correction Last?
Based on the Elliott Wave count, Ethereum's price has completed a five-wave increase and is currently in an A-B-C corrective structure. This indicates that the price is currently in the C wave, which will ultimately conclude the correction. The Elliott Wave theory helps analysts understand the trend's direction by studying recurring long-term price patterns and investor psychology.
Applying a 1:1.61 ratio to waves A:C suggests a potential low near $1,780, which aligns with the 0.618 Fibonacci retracement support level. According to the Fibonacci retracement theory, after a significant price change in one direction, the price is expected to partially return to a previous level before continuing in the same direction.
Considering this confluence, it is likely that Ethereum's price correction will find support around the $1,780 level before resuming its upward movement toward $2,000.
Looking Ahead: Despite the optimistic long-term ETH price prediction, a decline below the June 10 low of $1,648 would indicate that the current decrease is not merely a correction but rather a continuation of the bearish trend. In such a scenario, the price could potentially fall to $1,450.
XRP - Xrp is not a security!!!! #XRPXRP finally broke out of this range after XRP has been ruled not a security by judge Torres!!
*Anticipated a breakout from late June heading into July.
Attached a link for price predictions below!
XRP currently reaching resistance levels - RSI is heavily over bought! nearly matching the previous ATH RSI.
Expecting the price too cool off to retest the low's.
Coinbase and other exchanges relisting XRP creating huge FOMO and for good reason.
What to look out for?
*BTC - next leg up will initially steal liquidity. but then will later be transferred back into altcoins!!
*Next leg down for the DXY - will send all assets bullish due to the pair's weakness.
ALTCOIN SEASON has started, next two months are going to exiting!!!
CONGRATZ TO ALL OF THE XRP ARMY!!!!!
Verge BifurcationVerge has reached a critical threshold and is transitioning towards a new stable state equilibrium.
The price is expected to reach $1+
This has been predetermined using the amplitude of excitation and critical slowing referenced in my previous video.
Bitcoin to 1 million by June? What is needed? Have you heard about former Coinbase CTO Balaji Srinivasan's ludicrous bet that Bitcoin will reach 1 million by June due to the banking crisis? That's almost as crazy as late John McAfee's (RIP) bet back in the days.
But let's get to the real question, how much "money" would it take for Bitcoin to reach such a valuation? Hmm...a pop quiz seems fun!
How much money inflow is needed for Bitcoin to reach a 1 million USD valuation?
a) 5 trillion USD
b) 10 trillion USD
c) 20 trillion USD
d) nothing, hyperinflation will do the trick
e) it's not possible, Bitcoin won't reach a million
Put your answer in the comments right now, then come back and read on ... The answer might surprise you.
Okay, ready? Let's dig in...
Many folks might think that for Bitcoin to reach a 1M USD valuation, it's as simple as checking the current market cap and subtracting that from the total number of Bitcoins issued multiplied by 1 million. That would mean roughly 19,325,000 x 1,000,000 - 550,000,000,000 = 18,775,000,000 or 18.75T USD.
But hold your horses! There are a couple of things to keep in mind. Approximately 80% of all issued bitcoins are being HODLed right now, meaning they are illiquid, the most significant number ever. This means that only 20% of 19,325,000 BTC or approximately 3,865,000 BTC is liquid and available for purchase. The actual number of BTC available on exchanges is even lower.
Then there's the multiplier effect, averaging around 2.6 in the last 5 years. This effect means that for every $1 invested in Bitcoin, the market cap increased on average by $2.6, a fascinating side-effect of the supply and demand mechanism.
Now let's calculate buying those liquid Bitcoins, keeping in mind the multiplier effect using the following formula.
Inflow needed = liquid supply x 1,000,000 / 2.6
Calculated ► 3,865,000 x 1,000,000 / 2.6 = 1,486,538,461,538 USD or roughly 1.5 T.
Quite a difference compared to 18.75T, right?
This calculation, of course, is purely hypothetical and assumes that the current level of demand and supply remains constant. The actual price of bitcoin may vary due to a number of factors, such as changes in demand, supply, and market sentiment. Factors that could have a big impact:
Large market orders would increase the multiplication factor as it pumps up the price much faster
Certainly, some sell orders would be triggered at certain prices along the way, which increases the number of liquid BTC and thus the amount needed to pump to 1M
The calculation did not keep in mind the BTC that will be mined till June, so we need to add some additional BTC in our calculations.
Maybe most importantly, sell orders have the same multiplier effect, not to mention the panic selling that could occur if a large amount of BTC was sold at once.
Nevertheless, the calculation above proves that less money is needed than previously thought for BTC to reach a 1M valuation. While I don't believe that we'll see that happening by June and this bet is outrageously bold, it does show that there is a possibility that if the banking issues continue and people see Bitcoin as a safe haven, we could reach a 1M Bitcoin faster than expected, with less inflow than expected. The point is that the faster this would happen, the less inflow would be needed.
So there you have it! While Balaji Srinivasan's bet may seem outrageous and implausible, it's not as far-fetched as it might appear initially. With the right set of environmental circumstances, such as continued banking crises and increased adoption of Bitcoin as a safe haven asset, reaching a 1M valuation may be closer than we think. And now you know the (theoretical) calculation for how much money it would take to get there!
What do you think? Does his bet make sense? If not, what is your prediction?
Leave your thoughts in the comments and if you liked what you read here, pressing the little rocket (it really helps!) would be appreciated!
Oh, and while you're here, why don't you check the idea below as well, an actual analysis of what I personally expect to happen till the next halving. (And no, it's not as crazy as this bet). Enjoy!
XDB rest of 2023 prediction. Depression before lambo!This is my expectation for how the XDB/USDT chart will play out for the rest of the year. As you can see, I am expecting an extended period of depression, giving us some huge buying opportunities. Somewhere between July/August we might hit the peak of this depression and capitulation, where we could see prices as low as $0.0004 at the absolute bottom. Then in September we might see a big 10x pump to $0.004, before dropping back to the $0.001 area again, and then we may pump to $0.01 before the end of the year, 25x from the bottom. The targets of my previous article are still in play long-term. This means that if you could catch the bottom in the $0.0004 - $0.0008 range, and hold it to the long-term target of $0.07, you could potentially make up to 150x your investment. Obviously, anything under $0.001 is a strong buy, but you need to keep in mind that it could go as deep as $0.0004.
An interesting rest of the year ahead!
XRP TIME?!Monthly, weekly, daily all looking like XRP wants to get a bit wild, here we can see that price has taken PDL into a bullish OB+ after expanding to the up side. Probed pretty good and made a nice consolidation before raiding into the PDA. All of the price action and TA is pointing towards a nice rally IMO. Lets go!!!
LINK accumulating for almost 300 days The position has been accumulating for over 300 days, the price has surpassed all lower zones and removed important external liquidity, the targets remain only higher in the form of EQH.
A good reaction to the FF imbalance can be seen, and now this reaction should lead to the removal of EQH.
Against the potential decrease in dominance and signs of strength in the ETHBTC chart, the LINK chart looks very good.
DOGE to the MOON or just a Fantasy Hey there fellow traders! Can you believe it? I was playing around with the Fibonacci tool on my chart, and even though it might not be applied perfectly, it somehow makes perfect sense and reflects the levels just right!
My theory is that the last time Doge was pumped, it was so artificially driven that it actually reached a mind-blowing level of 3.618 without facing any significant resistance. Crazy, right?
So, I decided to take 0.20, a nice and round number that has served as both resistance and support multiple times, as our level 1. And guess what? The picture it paints is pretty exciting!
Based on the fundamental background and the momentum of Doge, I have a strong hunch that it might just reach 0.30 in the near future. Go, go ELON! Let's see how this wild ride unfolds! 🚀🌕💰📈📉🐶🤑 #ToTheMoon #DogeArmy #TradingIdeas #FunWithFibonacci 📊📈😄🐕🚀🌕💰📉🤑🚀🌕💰📊📈🐶😄🤑📉📊🚀🌕💰📈🐕🤑😄🚀📉📈🚀🐶💰🤑🌕📊📉😄🐕💰🚀📈🤑🌕🚀📉🐶😄📊💰📈🚀🐕🤑🌕📉📊📈🚀💰😄🐶🚀📈📉💰📊🐕🤑🌕😄🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Bitcoin longWe have buy limits order on 15k - 25k
Again we are targeting 220k by march or June 2022
But bitcoin in my view going soon to 36k areas ,
No one is selling BTC yet , they are all holding , but beyond the analysis, short secretly BTC to 48k , 36k , 25k
Or use buy limits on 18k - 25k
Sl :15k , you can buy with no SL wich i prefer if you are a believer then remove your SL and take the risk taking it from there with limits 👈
TP: 220k
It's not a signal as it's an idea which i am in it and felt i might share my position 😉
Good luck all
DOGE - Poised for a breakoutDoge, fuelled with speculation about its implementation as main source of payment for twitter is breaking out its 1H timeframe trading in a bullish pattern vs ichimoku cloud.
We might experience some upward movements.
Possible long setup:
BUY: CMP and $0.8962
TP: $0.9653-0.10214-0.10775-0.11574-0.12592-0.13385-0.15531
SL: $0.8334
ALPHABET BEST STOCKAlphabet is by far one of the best stocks to hold because it has all the ingredient to keep growing. It has a lot of business that are under the radar and that could be a spin-off in the future, meaning they will create huge amount of wealth to their shareholder.
Think of things like Waymo. If it had to receive a spin-off it will be valued maybe like half of the current stock value.
Incredible bargain opportunity, but first wait for the retracement to end
HERO/USDT 6 Hour Chart 11,000% Projection In this idea I bring you a projection of Hero. Naturally nothing is an absolute, but all the same I see no reason why this shouldn't play out as I am projecting. They have an interesting use case and have been working to improve their systems and partnerships. I have started to try to identify what it is in the real world that I see expressed in the charts when I create them, but it in no way changes what I project in the charts. The falling curvature into the rounded bottom is a great sign. If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains. Much love to my supporters. ND
Major cycle bottom is behind - Final confirmation So we got it finally! After today 10W Valid Trend Line break - we are 100% sure that
the major bottom of 40W and all shorter cycles (20W, 10W, 5W, 20D, 10D) is the past
We will be watching closely next week, shortly should we get first estimation for some new target.
Good luck!
LUNC Could Return To Above 0.0003 And Beyond SoonIn my opinion if LUNC manages to break the 0.000241and the 0.000255 zones then it could start a big
move towards 0.00031 and even beyond. The reason I am bullish on LUNC is mostly because the strong
community behind it. LUNC showed that, how supporters can get behind a coin and bring it back to life.
I am not a holder but I root for this project.
Proper 40W trendline broken, heading for last confirmRecent analysis we rushed a little bit.
It took a few weeks more to have the 40W cycle downtrend line broken.
However it did not change our expectations it just made us a little bit more patient.
Now all pieces fall into their place.
We wait now for 10W cycle trendline break.
It is the last fourth of four 10W microcycles within the big 40W down trend.
Having done that we will have all the confirmation of having passed the major nest of lows - 40W along with all the shorter bands down to 10W.
This should finally remove the uncertainty off the market and the proper launch will happen.
It seems to be a matter of hours and days now. Stay tuned!
GTO/USDTgto/usdt looks amazing
10% profit 1.5% sl good risk to reward ratio
let's see what happen
don't trade on my signal i am just save my analysis for seeing 4 to 5 year later