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Daily Crypto Market Update - Why I am now EXTREMELY Bullish BTC!In this video: * A review of the price action in the current crypto market space * A look at the recent Bitcoin price drop and why I have become extremely bullish because of it * A run-through of many of the other cryptos and what sentiment in the altcoin market appears to be * jasmy, filecoin, shiba, shibainu, shibusd, ada, cardano , uma, umausd, zcash, zec, zecusd , doge, dogeusd, bat, basic attention token, batusd, oxt , orchid, oxtusd, bitcoin cash , bch, bchusd , ethereum , eth, ethusd , altcoin market, bitcoin dominance, etc.
INDEX:BTCUSDLong
by stewdamus
7
bitcoin analysis my first bitcoin trend analysis gggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggg
BITSTAMP:BTCUSD
by weslo7
1
XRPUSD long - Price Prediction 2021 - 14$-20$Hello Traders Welcome to my new XRPUSD Update. Past Price Prediction: As you all know I always claimed that the XRPUSD will go somewhere around 14$. In this analysis I will show you that the price still has the potential and even more. Something between 14$ and 20$ is very possible till end of the year. Analysis: Well what we can see is that in the past the price went crazy to the upside. This time the price is not there were the price supposed to be if we look back. Which means that the price currently needs just more time in order to bring the price that much to the upside. But we also had the SEC which affected the XRPUSD pretty hard. Now I just grabbed the past Price Action and overlaid it over the current situation and what we can see is that the price has done almost the same. Very incredible. If we follow this Price Action then XRPUSD should go up till 14$-20$ Also we can see how the price broke structure and it is currently moving in this Triangle Pattern. What do you think guys?
BITSTAMP:XRPUSDLong
by DariusFxTrading
15
Ethereum Name Service (ENS) Wykoff Accumulation Price PredictionA price prediction for the ENS token using a Wykoff Accumulation pattern on the 2-hour chart for ENS/BUSD on Binance. The initial spike in price on Binance has been omitted from this prediction as it was mainly due to the listing of the token on Binance and the spike in liquidity that came with it to the platform. Looks like ENS is currently headed into Phase C of the accumulation pattern. Will be interesting to see how this prediction manages to fall short of what will really happen with the price. Currently, if this prediction plays out in any fashion, the price chart looks like it is preparing to print out a nice "W-Pattern" in the coming days.
ELong
by AHoboWithAStick
BITCOIN - It's time for another correctionBitcoin is again pushing up to new highs, Currently in the higher time frame the price is moving in a parallel channel(day) and we are only 10% away from all-time high. There are some confluences that shows Bitcoin need some correction. First of all, we are approaching a strong supply zone, which indeed tells that price may get rejected from that zone. Also, the price is moving towards the supply zone in an ascending wedge. This indicates slowing momentum, and it usually precedes a reversal to the downside. So on the break of the wedge pattern, we might see some small bearish price actions. Next confluence is the RSI(Relative strength index), which is an indicator which is a momentum indicator used in technical analysis that measures the magnitude of recent price changes. In the 4-hour chart, the momentum keeps going down, but the price is moving up, which indicated RSI divergence. An RSI divergence shows traders when price action and the RSI are no longer showing the same momentum. This also indicates that the price may go down. These are some confluences I could find on the chart which indicated the price need some correction. If this plays out, the immediate support would be at 53000 followed by 50000. Thank you, have a great trading day ahead.
by Jeggs_
2
BTC - We have two possibilities forthcomingAfter the crash, BTC seems trending down in parallel channel. For people who don't know, a parallel channel is highly likely to break to the upside. So a break to the upside is inevitable. But the question is when? Currently, the price is approaching the upper trend line of the channel. So, as depicted in the chart, we will either see a breakout of the trend line or rejection to the downside again. If a rejection happens, it is very likely that Bitcoin will create a new lower low, as we already tested the 40-41k zone a few times. The more times support and resistance are tested within a short period, the weaker they become. So if we are going to create a lower low, the immediate support will be around 38k. And a break to the upside gives us a potential price target of 50k. Have a great trading day ahead
by Jeggs_
2
Solana Price Prediction for September 2021Solana (SOL) started September with an opening price of $108.27. Coincidentally, it made the month's lowest price on the same date at $105.89. With the exception of 1 red candle, SOL's journey to the month's highest price was full of green candles thus, making a peak at $216 on September 9. This has proved to be its key resistance for the month of September, as SOL has struggled to cross that point. China's Evergrande Crisis saw the crypto market collapse as all cryptocurrencies took a dump. SOL plunged to $116. Although SOL has gone up to $138.43 at the time of writing, with chances of the Evergrande group to skip bond payment deadline again, SOL can see a 15-25% decline. This means SOL will re-test the $116 support area. If prices further fall down, SOL may end up reaching where it had started- around $105.89.
Short
by lets_learn_crypto
1
BTC Revised pattern and new price prediction.In 4hr chart it can be clearly seen as a revised pattern is formed and may play out. huge turn out was seen after the breakage of bullish flag and then a decrease of 8% has seen downward from the top reach. Now as similar to previous successful breakage in bullish flag we might see some 8% decrease for short-term and if it happens then the technical price to downward will coming in around 44500. the strong support is 47100.
by abdulmajid_sarwar
IOTA PRICE PREDICTION The IOTA price rocketed higher as demand for the Internet of Things (IoT) cryptocurrency jumped. The coin rose to $1.7462, which was the highest level since May 19. This rally brought the total market capitalization of IOTA to more than $3.6 billion. What is IOTA and how does it work? IOTA is a blockchain project that was developed in 2018. It is a relatively different project from other popular platforms like Ethereum and Polkadot. For one, it is a platform that aims to help solve problems in the Internet of Things (IoT) industry. IOTA achieves this through the tangle, which is a directed acyclic graph (DAG) that stores transactions. The tangle technology works in a different way than how blockchain works. Transactions within te network are issued by nodes that make up the tangle graph. In this case, when a transaction arrives, it must always approve the previous two transactions. In the past few years, IOTA has achieved several partnerships. Indeed, some of the top level companies using this network are Dell Technologies, Jaguar Landrover, TradeMark East Africa, Zebra, and Ensuresec. Indeed, recently, we wrote about the deal between IOTA and TradeMark that will help streamline business within the East African Community. IOTA price prediction The daily chart shows that the IOTA price declined substantially in July, reaching a multi-month low of $0.5675. Since then, the coin formed an inverted head and shoulders pattern, which is usually a bullish sign. The upward momentum of IOTA gained steam in the overnight session as it rose above the 25-day and 50-day moving averages. The two lines of the MACD have also been in a strong bullish trend. Therefore, the coin will likely keep rising as investors target the key resistance level at $2.7284. This is a notable price that is its all-time high and is about 60% above the current level.
I
by betsygain738
2
Is this the time for a break out? or Is this just a retest?Looking at the current pattern of ETH, we can see that ETH is currently making an Ascending Broadening Wedge in its price action!!! According to research, this Ascending Broadening Wedge has a 79% chance of breaking towards the upside and 21% for breaking towards the downside... On that note, we can be quite bullish overall as breaking toward the upside more or less is a 4 to 1 scenario. But, also on that note... Will we see the breakout now? Or Will we see a retest of the wedge first? To confirm this, we need to look at todays candle as to gauge the strength of ETH... If it is strong enough, testing and breaking the 0.618 FIB level ($3360) pulled from the ATH to the lowest level from last months dip would be reachable. On contrary, if this is just a test, and there's not enough powder to fire up ETH, I am predicting my green line as its next support test ($2880). The green line is a minor 0.5 Fib level from the last correction ($2441) to the current high ($3342). Comment down below which one do you think ETH will do?? Thank you for reading
BITSTAMP:ETHUSD
by ZombieGod11