S-COIN
After a great fall and come with a great hikeHave been following and even trade with bitcoin in 2021. And this is really a great experience.
It is more than just stock or forex which you have no idea why it is going up and why it is going down when it move.
You will be spoon feed with news later.
So call "Buy on rumors and sell at news, wise versa" this is true.
However, rumors are really named as rumors for certain reason.
Ending the 2021 with a giant up trend channel which is usual for bitcoin. Noting is small gain in this world which we have to take it or leave it.
Learning to hold or stake stable coins is my next move and already doing that with terra network under the Anchor platform.
Just message me for URL if you are interested.
However, this market remain hot and interesting due to a lot of young active energetic moneys are involved. You can check up the tik tok to prove me wrong.
Merry Christmas and Happy 2022.
Covid with the Omicron had sunk the markets for a bit however, once the report is optimistic, bitcoin take no waiting and recover. This is really scary. No body able to predict with the graph.
It suppose to take a rest at 40k isnt it, however, it does not happen. -It do behave like these, it know what all think and react the other way. Playing cat and mouse game.
Regard
silver.
COIN, 15 min Bearish NASDAQ:COIN
COIN, 15 Min, Shark Harmonic Pattern
Short Sell at 273.94 - 269.27,
Buy Back atT1: 255.47 ,& T2: 246.45
Stop Loss: 281.05
Please. Read the disclaimer, and do your own diligence.
------------------------------------------------
DISCLAIMER:
I am not a financial /investment advisor. All information i am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
#Bitcoin's Bull-Run Continuation...Bitcoin wicked down to $40,800 during November, shocking traders and causing extreme fear. With that, came Technical Indicators alerting us to the fact that #Bitcoin was extremely oversold. RSI hit previous support it had when it fell to $30,000 over summer. #Bitcoin is highly resilient and on-chain indicators, supply, historical data, TA. and fundamental analysis, are screaming that #Bitcoin will continue onwards towards $100,000 and maybe even well past that by next summer. Certainly, I don't have a crystal ball and ANYTHING could happen so, this is merely my opinion based on analytics, confluences, and discussion amongst others. This is NFA (Not financial advice)...
Bitcoin is going to $150K+ by July '22.
Why?
- Bitcoin/USD is showing great buy volume on the weekly chart. The bottom seems to have formed near the $40K region (due to liquidation mostly).
- Shorts are get destroyed right now, expect a squeeze to push us past key levels of resistance
- BTC/USD showing signs of reversal
- BTC/USD chart details support and key levels where $BTC has bounced
- RSI SMA 14 details simple moving average which $BTC has not fallen below after a rally from the bottom during halving cycle... KEY LEVEL TO WATCH!
- RSI has same levels of support as BTC/USD and is showing signs of reversal as well
- RSI showing extremely oversold at $40-44K area
- Remember, RSI works as a leading indicator... we are just getting started
- Market sentiment has improved... F&GI* reaching "fear" levels
- WEEKLY MACD showing possible convergence of of bullish cross in coming months
- 1D MACD has already signaled a bullish cross... we are far from seeing a bearish cross. I would expect one closer to next summer unless there is FUD
Overall, Bitcoin is extremely oversold and 2022 will bring new opportunities for crypto markets (regulation, adoption, awareness, and most importantly, time).
DESTINY ARRIVES ALL THE SAME.
MERRY CHRISTMAS!
PS. Refer to my links to related ideas below to see how these predictions have played out so far :) Enjoy!
*F&GI: Fear & Greed Index
All the relevant levels on COIN and trading opportunities. Today, we will take a look at COIN
Which are the main elements we can see?
1) The price has already reached the major support zone (or bearish target) and has bounced there.
2) So, what would be a good scenario to think about in terms of bullish opportunities?
3) I would like to see the breakout of the current bearish trend (yellow line) and then a corrective pattern with similar proportions to the red line you see on the chart.
4) IF that happens, then I think that's a great scenario to develop setups around that correction. IF that doesn't happen, you don't do anything.
5) The target I have for the bullish movement in case all the previous filters are fulfilled is 360
6) There is a level where we should pay attention to 294.00 (there we can see small reactions or reversal movements)
At the moment, we have defined the plan, and we need to see how the price proceeds to create a more accurate scenario. Thanks for reading, and feel free to share your view in the comments.
sell spell
.013 would be generous their is also a possibility that this short is premature and spell will touch .029 before it goes back down. If it will touch .029 it will happen soon. Do what you would like, short long buy sell. I don't care. I just had to type jargon so that I would be able to publish my idea.
Entry point for me would be around .016 but only if i get to dump my ddx beforehand and somehow the timing just lucks out perfectly. DDX is a good investment so is Spell. But my timing could have been worse.
🐻💸
$COIN Triple bottom consolidation and momentum buildingCoinbase is showing a triple bottom pattern with the 220-225 area proving as demand zone. The price has been consolidating and RSI momentum building going into Q2 earnings report which investors are optimistic about with cryptocurrencies becoming more mainstream in recent months. There's currently also bullish sentiment with Bitcoin breaking out and positive news and headlines surrounding the asset.
Short LUNAUSDLUNA is currently in good price to short.
All the other cryptos are falling and I bet LUNA will drop even stronger.
COIN Coinbase: Critical AreaHello friends, today you can review the technical analysis on a 1D linear scale chart for Coinbase Global, Inc. (COIN), a stock traded on the Nasdaq exchange.
Please review the chart as it is self explanatory. The key is to break the resistance line as the price is in a critical area. The overall pattern is a bearish one (Ascending Broadening Wedge or Rising Broadening Wedge) so there is concern for potential downside if the price breaks below the bottom support line.
Also noted in the chart: Volume, Support and Resistance Lines, RSI (relative strength index), and various trendlines.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
COIN Elliott wave countOverall EW count I’m doing:
Green = after a completed ABC count in White, I’m counting that as “1” at $368.88. Looks like a deep wave “2” retrace down to the .786 Fib around $245. Above $245 I believe it can start a new impulse wave upwards in the rough sketch layout in blue
--> Target upside $368; $423; $600 stretch
Blue = in nearer short term, think we can establish a smaller degree impulse wave up to create a wave 1 within Green Wave “3”. The 5 blue waves up would theoretically create a wave 1 of the 5 waves needed to create Green wave “3”.
--> Target upside $290 retest, retrace that hopefully holds above $265, then $320
Looking for good entries to build a long position. Currently in couple small debit call spreads further out in time.
Below $244 would invalidate slightly, indicating Green wave “2” is not complete. It’s more rare, but the .886 Fib retrace in pink around the $230 area would come into play. Below that, then I’ll need to go and recount some things.
Side bit: COIN, relatively new, is still establishing structure. The older a stocks chart history, generally you’re able to find consistent EW counts more accurately. Any entries I do aren’t going to be much. More spreads rather then naked calls/putts to reduce risk.
COINBASE WOFLE WAVE SETUP: Bullish for BTC and CRYPTO?There is a wolfe wave setup on the 4hr time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 367 which is expected to reach this price target on Dec 23rd.
Buy Robinhood Soon, Turn Around RallyBottom is nearby maybe 33, or fomo in now
They’re Adding new Crypto Markets to the platform
that will capture new interest and can drive revenue
Bitcoin Ethereum Crypto Altseason is underway, Vld Tenev knows better than to miss the boat
New Markets will be:
Cardano
Polkadot
Zcash
Stellar
Curve
Solana
Shiba
Avalanche
Chainlink
Uniswap
VeChain
Is ELASTOS a potencial crypto 💤Here again, analyzing the market, I recently noticed the crypto ELASTOS , which I had on my watchlist when there was information on the COINBASE exchange and at the moment it has a lot of potential. But so far it has only gone down.
My first impression that I had was that price drop 95% since 2018. That caught my attention cause in that year cryptos like (Bitcoin, Etherum, etc..) did it to. Since then price started accumulating.
Trading analysis:
Price made a BOS (Break of Structure) and respected the zones of supply marked in blue. What"s next for another HH (Higher High)? Now price is dropping to the new supply zone 2.0$ close to our KL on 1.5$ .
1º Trend
If price start acummulating and getting closer to 2.0$ i will open my position to hold.
2º Trend
My second option will be to buy on 1$-1,5$ cause price break our HL (Higher Low) and expect price to range till the ending of March as you can see in the box (PAST) that can be reflected in the future.