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Ethereum short entry at $1700 - Bitcoin risks are too highThe cryptocurrency market is battling some resistance and negative fundamentals to maintain gains. Tesla's sale of bitcoin has caused a panic where bears have momentarily been in control and buyers are trying to dominate the price action, which seems to be recovering momentarily. Despite the weak results release, the feeling is a bit optimistic. If stock markets turn bullish, cryptocurrencies will strongly gain that support. Ethereum is above $1,600, which can push the price towards the resistance zone above $1,700. A record amount of BTC flowed into the Coinbase platform. A whale, which has acquired 207,000 BTC since 2019, has transferred most of its reserves from an external wallet (cold wallet) to the platform. In the past few days, the address has sent more than 160,000 BTC to Coinbase, raising concerns about its possible sale.
Short
by jumper_stars_trading
ETH possible breakdown to 3kI'm not saying is going to happen, calm down, but it's truly a possible scenario. I'm VERY bullish on Ethereum and still believe is going to reach 10k by the end of this bull run, maybe next year. Now with everything correcting BTC will likely hit 53k and ETH will follow the downtrend. I will use this chance to start buying more on 4k, then 3.8k, 3.3k 3k and (I don't think is going to happen) 2.8k. Great opportunities coming, Black Friday sales? HODL NFA
by carrillo.jorge93
DAO MakerDAO Maker is an investment platform and project accelerator that seeks to connect startups with smart capital. History of analog projects: DaoMaker - 90x (token sale price $ 0.1, ATH - $ 9) DuckDao - 2000x (token sale price $ 0.05, ATH - $ 100) A2DAO - 120x (token sale price $ 0.1, ATH - $ 12) Bulk - ? (token sale price $ 0.01, ATH -?) Tokens of such platforms are used to obtain allocations in initial sales projects. These platforms are very popular. They make project research, which is a filter for the crypto-startups. This token sale can become a game-changer for the market participants with small capital. Best regards EXCAVO
by EXCAVO
1
Bearish Gartley pattern (4H) GOLDThe Gartley pattern is the most common harmonic chart pattern. Harmonic patterns operate on the premise that Fibonacci sequences can be used to build geometric structures, such as breakouts and retracements, in prices. The Fibonacci ratio is common in nature and has become a popular area of focus among technical analysts that use tools like Fibonacci retracements, extensions, fans, clusters, and time zones. ************************************************************************************************************************************************************************************************************** looking to going short as the gartley pattern is showing, the TP 1 will be the 38% of the retracement AD , and TP 2 will be the 61% retracement AD , SL will be the X point.
TVC:GOLDShort
by Mazerozeox
XRP update! MUST READ! Hey everyone! Hope you are all staying safe. I would like to begin by saying DAMN MAN FR where did the love go? Anyways, I still would like to provide content of which I believe can genuinely help whoever is looking to grow in trading. After taking a look at the first RIPPLE VS SEC court session, it was evident to me that this case may be over sooner than expected. First I would like to speak on the perspective of the SEC and basing it on the fact that they are looking to focus on the marketing enacted by RIPPLE over the sales of XRP. This is quite unusual as if they were to have a stronger case, they would have focused on the contracting aspect of the sales of XRP but seems there incapable of providing that as evidence to the court. In my opinion, this seems to me that the SEC is going after who is able to sell XRP and how are those "sales" being enacted. With this being said, I believe it is the question the SEC is asking the judge for regulatory clarity for they are not pleading for exposure of fraudulent activity nor will the penalties include jail time. The SEC did heavily condemn the actions of Garlinghouse, Larsen and company. The judge did mention the currency in both terms, currency and security and this this not mean anything as judges are to be impartial. There was more to be said on the half of the defendants than the SEC, I believe the explanations of the defendants gave the Judge a lot more to think about than the SEC which seemed to have a lack of strong foundation other than a speaking on to the events of 2013. Ripple was apparently approached by the SEC in the past regarding the sales of XRP. My question is if they knew that this was not a currency but a security, why not do your job then? During those years, how many warnings of statements did the SEC issue to Ripple either publicly or privately. The timing of this lawsuit needs is impacting the current PERFORMANCE of XRP and we have SEEN this. In my opinion this is the reason why XRP has suffered a correction based on the uncertainty of the outcome this case in the US and as I said in my previous report XRP will range at the 0.50-0.60USD!. This correction has brought an opportunity for retail and institution investors to accumulate XRP and a very low price however, it is the regulatory unclarity that is stopping or slowing down the institutions from buying XRP. Therefore, I believe with that once this case has been resolved in such a dominant market like the US, the world will follow as it usually does in a economic manner. I believe that we are building structures to the 0.60-0.70 and this level will play as a "determiner" level, meaning that if we are to break above this level we just may be able to the same peak levels we have seen back in 2017. ***I am not a financial advisor nor am I legal counsel however, I do believe the content I provide can genuinely help those who are looking to grow in the aspect of trading. I advise you all to DYOR always!*** SEND THAT LOVE BACK!!!!
BITSTAMP:XRPUSDLong
by jeansipeninvestments
3
Once-in-a-lifetime Ethereum Discount OpportunityWhere most people have just joined the panic sell on Ethereum, we know to be smarter than that. These moments of psychologically based trading and FOMO are the moments you can get the largest gains. Truth is, Ethereum was never supposed to get this low in the current market. But due to external factors and the whole crypto market taking a dump in the last hour, the price dropped far below the prices it should've. Use this unique opportunity and go long on Ethereum right now. As for the entry position, I suggest to go in as soon as possible as the market is already reverting to the mean again. For exit, the most logical price to leave now when you are scalping is around $230, the area the price just came from. If you plan to hold on to Ethereum for longer, then just use this opportunity to accumulate more Ethereum. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
BITSTAMP:ETHUSDLong
by Trading-Guru
22
BTC in downward wedge, going towards 6k - updateHey everyone, this is an update to my downward wedge chart. I added a resistance line in the middle. It looks like we are going down to 6K. There is a bull flag below the middle resistance line, which will likely fail and break downwards due to the intersecting resistance lines (horizontal + middle green resistance) and if we do break to the upside we will definitely not break out of the downwards wedge again due to intersecting resistance lines (horizontal + top resistance of downward wedge) Ultimately I see us trading side/down to 6K so be ready to buy more! This is not financial advice. I am usually always wrong. Do your own research and form your own opinions. ~ LeshaCat / EasyX Community Admin
BITSTAMP:BTCUSDShort
by leshacat
1