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$GRT - Accumulation/ Possible Inverse H & S Pattern forming. Hello Traders, Take a moment to look at $GRT. #TheGraph has been n a sideways motion for some time now and has been accumulating. You can see within the accumulation channel that the price action has started to narrow and the pressure seems to be tightening the up/ down movements to less volatility. If the price can continue to form the inverse Head and shoulders, we could see a break above the local resistance at the top of the accumulation box. Tomorrow will give us a great indication of what the rest of the week should look like. Either way, I do think GRT is a ticking time bomb and we will see a nice up tick from now until the end of May. Good luck!
COINBASE:GRTUSDLong
by MarkStPeter
2
SHORT-TERM SHORT link(Chainlink) /USDT/(daily timeframe)Hello traders and investors 🙂👋! Today I was checking out some CHAINLINK, and I noticed I am seeing a similar pattern to BTC. I suspect we are headed down in the near future and will eventually intersect with the Purple trendline drawn, and then shoot up ⏫ to create a new ATH (all time high, at ~$45.56.)💜🤔✔↗ At that time it will be very important to watch closely and pay attention to market news etc..👀😃🕞📝🌎📌📅 CHAINLINK has a large CMC(Coin market cap) at 16.6B🤯, but it is a very desired Oracle network😮😌👌 LINK is one of the most successful data providers to many blockchains (through smart contracts,) of real world data 🌎✔👍⛓🔗👏🆗😃 Let's see if the market can maintain it's insane bull run🐮.. with this exponential virtual boom that's happening across the board(BTC, and many digital assets, NFT's, virtual land, etc.. have gained attention more than ever before, during this technology driven era!)✌🎰🖥📴📳📷💰☣☢ I always recommend looking at multiple charts/researching in depth before investing large amounts of money! 🆗💲🧐 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Thank you for reading and trade safely!!!! Jazerbay ☯
Short
by jazerbay
19
ADA/USDT Update: Cardano Africa Special 5 million new usersThe Cardano special took place the 29th of April. We got introduced to the newest projects where 5Million Ethopian students use the Cardano Blockchain with another option for 20 million users if it succeeds. The price of ADA didn't care about this at all. So we expect further sideways trading as suggested as well by the RSI. We found support from the Fib over various values which indicates the demand is here. We all still wait for the launch of smart contracts. Once this gets announced we expect Cardano to blast off. The current date for that is August. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
ZEN getting out of its accumulation zoneAnything backed by Grayscale is worth paying attention to, and ZEN is one of those projects. One of the biggest ones in terms of privacy and with big backers. Potentially it could be listed on Coinbase and I will also present those coming next on Coinbase based on my opinion. The ZENBTC charts looks a bit like ADABTC before the key breakout (on lower timeframes), while the ZENUSD chart broke its ATH, retested and now making a new one. Looking very strong on both pairs and both look special compared to other charts (quite different). In this thread I have all the alts I think would be listed on Coinbase. The only ones I missed where BNT, 1INCH and SUSHI, but I think more of the ones on the list are coming. Definitely worth talking about some of them. twitter.com
Long
by BitcoinMacro
Cardano | Coinbase Pro EffectCardano is surging and has the potential to break some crazy targets. Especially when the exchange Coinbase Pro announced to list $ADA on its platform. Since then, $ADA price jumped 30% + and is as of this moment looking very bullish. Trading at Coinbase Pro will begin in about an hour, which could lead into a great bull rally. But besides the Coinbase Pro announcement, its own ‘Mary’ upgrade from about two weeks ago transforms $ADA into a multi-asset network, which removes the need for ERC-20 smart contracts with its high transaction fees. Plus, don’t forget that $ADA is now the third-largest cryptocurrency by market cap according to CoinMarketCap.com 🔥 What do you think will happen?
Long
by djaanos
5
[60%] INJ / USDT- First target : 14.4$ - Second target : 18$ Analysis : - Bullish divergence momentum - Descending triangle - Falling wedge RSI What Is Injective Protocol (INJ) ? The Injective Protocol project is a revolutionary idea that aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially launched via a public offering in 2020, and it was backed by names in the industry like Binance, Pantera and Hashed. The Injective Chain is the blockchain foundation of the project. It hosts a completely decentralized order book and employs elements from the Ethereum Virtual Machine (EVM). The platform also incorporates a bi-directional token bridge, linking it to the Ethereum ecosystem.
Long
by HolderYoda
Don't Sleep on ADAUSD...*** THIS IS NOT FINANCIAL OR INVESTMENT ADVICE *** DYOR and don't take my word for anything. In my honest opinion, Cardano is the most undervalued mainnet token on the market. Somewhere near 70% is already staked, leaving very little on the market to purchase in the first place. It's no surprise that 30% of the circulating supply is causing large price gains. ADA will be sideways until it is happy at the ~ $1.40 - $1.50 price point. This is another example of the overall sentiment in the project, as it is resisting the market trend selloff of the past week. ADA could easily be at $4.00 by the end of the year if the Goguen rollout is deployed without issue. Buy the dip and hodl bitches.
BINANCE:ADAUSDLong
by angryeng
10
$ADA consolidation after a big move, give it time0.41 key resistance for ADA (1st touch rejection) 30+ month base cup. Needs time to consolidate after the big move recently. High relative strength of Cardano compared to other crypto blue chips. Ideally would like to see ADA consolidating between 0.30 and 0.4 for a while before a big move March 2021 is the expected Goguen release date "When the smart contracts are live, large-scale decentralized finance (DeFi) protocols and other decentralized applications would be able to launch on top of Cardano—giving it further utility and value"
BINANCE:ADAUSDLong
by ashainp