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Speculation

Zilliqa breaking through this channel possibly 1st quarter 2021I have a hunch that if Zilliqa breaks through this channel and heads to break its previous all-time high of $0.23 we may see a rise to between $1 and $3 then retracing back to under a $1. Please do not take this as trading advice as this is only a speculative position I am taking on Zilliqa. This may never pan out but with all the hype in BItcoin and the massive amounts of institutional money pouring into this market I really believe Zilliqa will be primed for whale activity and we may get blown away with price movement in the short term. The green line above the channel is the breakout and the red is the retracement back down to possibly make contact with the channel but never pierce through it. So the channel may act as support for Zilliqa as it heads to this $5-$8 target or higher. Notice the red line above the channel, this is the trend for the Beam Bands I have set on previous chart. If we break through the $0.23 ATH then it could be we may target the top of this beam bands and hit a price of $0.33. if we break this $0.33 range then we go higher and like I mentioned above we may go between $1 and $3 before we retrace back down to the channel as support. Who knows, I could be dead wrong here but an interesting possibility.
BINANCE:ZILUSDLong
by altcoinb
5
Could Bitcoin, Gold and Dollar index crash the DJI? This is a busy chart with four instruments on it. But do take a careful look at what's going on. I see the DXY (Dollar Index) heading south. Mainly from Sept 2020, Bitcoin has been benefiting from price advantage by what seems to be an increasing negative correlation. (The DXY is a good index to get a feel of US Dollar strength because it checks the USD against a handful of other currencies - and heavily against the Euro). From Nov 2020, Gold which was somewhat neglected for a couple months began moving north as the DXY continued its slide south. But from Nov 2020, the DJI has been only on a slow burn up - still benefiting from a weak US Dollar Index. The ridiculous levels of QE by the FED and its 15 tools. It's actually been labelled as 'QE Infinity' and Jay Powell has said 'whatever it takes'. All that will have weakened the relative value of the USD. That's easily spotted in currency pairs like USDCAD, USDSEK, USDJPY and so on. Now - the problem is that the DJI and S&P500 are quite overvalued relative to real projected earnings potential over the next year. Don't take my word for it. Get on to reputable sources. It is well known that stock indices tend to benefit from weak country currencies. So yes the US indices have been benefiting, but not that well. If your USD is heading down the tubes, what do you do? Basically you try to protect value by latching on to something else. Metals have been seen as the safe haven after the last couple months. So Platinum, Silver and Copper have been benefiting - more than Gold. Would you be inclined to put money in stocks? Sure - some people will. But the big boys know the trouble with stocks - they're just not saying much about it. What does the rise of metals and Bitcoin from November mean? I can't know for sure. I suspect that it means money is moving out of stocks into those by those with the big money - who are expecting trouble ahead. Governments and central banks hold much influence over the value of money. But with metals and Bitcoin, the market truly decides. Yes - it is crazy that big money will flow into Bitcoin seen as made from thin air (and BTW so is fiat money). Overall I think it's a bad weather sign when metals and Bitcoin are heading north (from November). Some will recall that there was talk about banning Bitcoin a few weeks ago when it was seen as a threat to fiat currencies. The story came and went quickly - but it's a space to watch. That the authorities would consider that at all, is also a sign of trouble. If money increasingly flows into metals and Bitcoin, less may flow into Bonds and stocks. This post is speculative. I'm not saying I am right. If others know more, do share your knowledge.
FOREXCOM:US30
by Captain_Walker
Bitcoin Completes Entry to Stage 1 of BIG H&SI am again giving my warning.. That forecast I made wayyyyy back about a possible run upward.. is also both good and bad news. We are probably going to come close to 20k... but NOT break through. ETH will come close to a super-breakout.. but probably won't. XRP will get its ass kicked.. (as well as other coins) if we fall back too far. Also, watch for my green dotted line... it's a deal breaker if we go south of it.. Happy trading :)
KRAKEN:BTCUSD
by TradeClass
3
XRP 2021 Bull Run projectionIt is clear that though we can use fractals to possibly pinpoint price projections that is just all they are price projections. Nobody hadsa crystal ball here In Crypto land so looking for this elusive perfect peak is a downright myth. Can we guestimate? Of course, we can, and this is why I am overlapping price bars from the 2017 XRP bull run on to the possible 2021 Bull Run we will be having. Could XRP hit over $100 by the peak? I don't know but if history proves a similar fate for this upcoming Bull Run then a big Yes is likely. I do not know if the channel that I have represents the second bottom point for xrp currently as we could possibly drop lower and test the 100 day moving average. Not sure on this one but time will have to tell.
Long
by altcoinb
8
2021 2nd look at marketcaps for Bitcoin and Altcoins12,553,081,000,000 altcoin marketcap 4,650,000,000,000 Bitcoin marketcap If Altcoins do the same percentage gains at end of 2017 beginning of 2018 then we could see a spike in the market cap as high as $12 Trillion plus if we follow the Beam Bands of the last bull run. I know this is a little too much to expect but with all the information we have on the financial direction globally I would not put this a mere fantasy. Bitcoin reaching anything above $250k would bring its market cap to about $4.6 Trillion or so and if it is commanding a 30% control then it would make sense for Altcoins to reach this insane $12 Trillion market cap if it commands 60% of total market share. I know this is a lot to think about. Notice how we go above this Beam Band by about 322%. This happened in the last bull run where Bitcoin went outside the Beam Bands by about 322% so I am just thinking that this could happen again but of course, there is no certainty but only speculation.
CRYPTOCAP:TOTAL2Long
by altcoinb
XRP Reentry points based on fibTHIS IS NOT FINANCIAL ADVICE this is MY game plan, and i am a fan of speculation, its the spice of life, am i right? i entered a postion with XRP at .24 cents, rode the bull and exited at .45 im confident xrp will suprass 1 dollar on or around december 1st, and possibly achieve new highs as long as there isnt a massive sell off on or around the SPARK token airdrop. if the XRP army holds true to their word on hodling like its going out of style, then i dont forsee much to worry about in the near future besides some heavy corrections to bring us to a sustainable price. there is a risk of bag holders from '17 settling on their losses during this time so it is going to be a full on war in my opinion. STRESS city. BUT, dont be a sucker to FOMO like all the suckers that bought at the all time high in 17. its about entries and exits. dont feel bad if you miss the wave, find new opportunities. i would say now is as good of a time as ever to enter a LONG postion, like dont look at your XRP balance until next fall. SHORT positions are extremely risky right now due to an overdue correction. i dont know alot but i like to think i know a little bit. let me know what you think. thanks for looking. THIS IS NOT FINANCIAL ADVICE
KRAKEN:XRPUSD
by trypsitter
1
EURCAD- W SHAPE ENDINGAs commonly known to most, the letter "W" is seen often. Whether this be in reading, or in forex, it's very easy to catch. As we see here on the 4h timeframe, EURCAD has just formed an over-extended W formation; meaning that it went down, then up, then down, then up again. Often, after this pattern is formed, the currency moves to the downside. I have strong feeling that EURCAD is done moving for now and will make a move downwards also due to my other strategies (which I will not explain much upon) . Use your own due dill if you decide to enter a position. Please remember I am not a financial advisor and this is just my opinion.
Short
by SmoothhhPips
XTZ on the next Bitcoin $250k Peak with three possible pricesXtz on three possible price points going into the next Bitcoin Bull Run 2023. Keep in mind Tezos is a baby platform but with a massive war chest of over $600 million from their ICO. They are a likely candidate like Cardano to displace Ethereum as the number two in crypto rankings. Tezos has brilliant coders/programmers and tackling the STO market which will be a massive shift from conventional Wall Street markets. This is a gem waiting to explode. The three price targets I have her are between $250.00 up to $2,500.00. Please keep in mind that this is only my opinion and I am basing this on the current trendline trajectory that is apparent on this three-year chart.
COINBASE:XTZUSDLong
by altcoinb
5
TA meets speculative fundamental analysis on SPYSince the "V-shaped" recovery started, we've seen nothing but divergence. It's mostly speculation, but me and many other people believe this volatile bull run since the start of the COVID-19 crisis is almost solely because of the FED blindly pumping money into securities. While that money is not running out anytime soon, we're seeing a significant volume and momentum slowdown in the last two to three weeks. RSI is the only thing that is not diverging even though the average SRSI is lower recently (the last 2-3 weeks). More speculation: Multiple news sources are reporting investors becoming more cautious of a "second wave" or "second peak" of the corona virus. I personally believe it's virtually inevitable in the US at least. Here's why: 1) Protests for civil rights have caused thousands of people to gather closely for extended periods of time across weeks (shouting chants and contacting each other directly). Even with masks and other PPE, this presents a great risk of virus propagation. 2) Most states have reopened/partially reopened increasing the amount of contact to the public workers and patrons have. Even with SOME states implementing strict restrictions on the reopening, this presents a great risk of virus propagation, not to mention it has already caused an uptick in the daily new cases within the US. 3) Developing and 3rd world countries are seeing their own first peak in cases. This is driving the record daily new cases across the world we saw yesterday of 146,111 new cases. The record before that was the 6/16 with 143,566 new cases. The record before that was 6/12 with 143,421. (Data provided from worldometers.com) As TA would say, new higher highs with an exponentially increasing moving average would say greater numbers are to come. So while this bull run could continue for a relatively short period of time (2-3 more weeks), all signs point to a significant pull back that the FED will not be able to revert without significant fiscal policy. This analysis along with the inverted yield curve, dramatic reduction in consumer spending, dramatic increase in unemployment, and much more, cause me to be conservatively switching back to a bear market strategy across my portfolio.
AMEX:SPYShort
by ImAstronaut
3
DJI/US30 Trade Idea - Big Short - Black Monday?After the peak comes a correction. Hitting 27000 could have meant steaming on to 30000 BUT a major reversal came on Friday could have been short-lived, however, break in trendline too severe following economic and political tensions beyond a traditional profit taking session. Highly speculative signal that the market will correct further to below 24000 for TP1 and then 23000 for TP2 before possibly even hitting absolute short target of 20000. Entry dependent on early trading so any rise to a fake high to say 26500 is worth waiting for until correction comes and enter at 26000. Otherwise enter anytime sell off begins (e.g. 300 point move downwards). The next 2 business days will decide the course and full event may take 11 days to fully complete. With a dramatic short who knows ? Is confidence in the US really fragile or is it pure profit taking from the new recent high before the march to the next new high? Time will tell so check your charts and hold on for the ride! Typical caution required so risk no more than 5% if guidance needed and when in clear profit move your stop loss to consolidate any gain on day 1 to ensure complete freedom of a risk free trade. Please let me know your thoughts and acknowledge your results if at any point of 15th June you enter this trade and win? Losses are part of trading and this is my fourth prediction so running at 3 out of 4. Good luck. Let's make history and if you like these tips please contact me via dm and we can get you educated to make more money at IM Academy. Become a Master Trader today!
DJ:DJIShort
by PipNubian67
2