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Swth

ETHBTC weekly looking real goodChart says it all. Or maybe not. I believe ETh will reach fib 0,618 sooner or later. Right now it looks very decent, but depending on this weeks close we may se a downturn or a moonshot. I'm counting on a moonshot. As long as it stays above 0,022 it's still gaining momentum against big brother BTC. Meaning I believe ETH will outperform BTC. The sad thing is that this MAY keep my favourite coin SWTH from gaining momentum against ETH. But honestly? I think SWTH will have a major moonshot very soon, as it's only in soft-launch, and derivatives will be released within days (is my hunch). Either way a project worth taking a look at if you're not familiar with it. I have the nerve to share an article about the project (unless it'll be censored): medium.com
by VargVemund
5
FLM speculative cup and handle confirmedMy last idea on FLM matured well enough, you'll see on 4h on this chart that the cup and handle was confirmed, and resistance turned support. Next resistance is around 0,00001, then around 0,000013. When 0,000013 is broken and confirmed there is a lot of upside on FLM. Flamingo is so far the only place where you can stake SWTH apart from dem.exchange. Speaking of dem.exchange; this is a project by Switcheo TradeHub (same team who made Zilswap for Zilliqa), and it is about to release derivatives, I bet is on this week; so far it's only in soft-launch (a released beta in a sense) this will massively boost volume on dem.exchange and I believe FLM will soon be listed there as too (since the Switceho team has worked with FLM as well). I believe SWTH will see some massive gains the coming weeks, when soft launch of dem.exchange becomes full launch with marketing of derivatives/futures. Dem.exchange will have up to 150x leverage, native BTC and ETH, USDC (just connect Ledger or Metamask and do what's needed), and close to zero transaction-fees. Volume on dem.exchange is still low and a bit under the radar, but it will rise massively I believe, partly because of its affiliation with Three Arrows Capital and other big venture-firms. Both FLM and SWTH are traditionally on NEO, but since SWTH is now on TradeHub and has it's own chain and is cross chained it is really decoupled from the NEO-system. Anyway I'm digressing here; I mention SWTH because I believe it to be one of the best projects in the crypto-space right now, especially considering the current events with trading being stopped by big capital. And since SWTH isn't possible to chart on Tradingview yet I thought I'd mention it (you can chart it on charts.cointrader.pro ) Dem.exchange is at the forefront of the decentralised world; you'll get 60% APY when staking, and 90% of trading-fees also goes to stakers. The world NEED decentralised exchanges.
by VargVemund
1
INJECTIVE: INJBTC headed for correction soonThis is my personal opinion about Injective protocol in the short/mid-term. Injective has a great and active community and a great concept being built, but there are too few tokens released for this price-action to last. There are better, similar projects that has far better potential for growth at these prices. Although I believe INJ will definitely 5x from here compared to dollar over the long run, I believe SWTH, a direct competitor also backed by heavy venture-capital ( Three Arrows, the biggest investor in Grayscale, the biggest crypto-fund in the world), has a far better risk/return than INJ right now. I also believe it to be a superior project, having released mainnet, derivatives almost done. Anyway I'm invested in both, and of the two SWTH is my main bag for holding long term. I think it's wise to secure profits on INJ now, and look too other projects for a while at least. I believe we will see INJ retrace and have good buy-opportunities in the green rectangle. But likely the major resistance in the thick yellow-line will fight back, and possibly only wicks will touch the green rectangle. We may see it touch fib 1.618, or even two or three before this happens, and if so the correction will be even harder. Stay safe, an happy trading!
by VargVemund
2
FLM soon to break out Fast chart based on price-action alone, on daily-timeframe. FLM has since it's conception gone one way and one way only. Downwards. People were fabling about prices at around 1 bill, others thought 50 mill would be the very minimum (me included). Now it's valued at around 25 mill. Trading-volume is about 6,5mill. it's liquid, and it's a good project. But I want to mention the team behind the Flamingo-discord-channel; the Switcheo-team. Switcheo are releasing their decentralized exchange very soon ( we're talking weeks), LP's are secured, they have a FLM-SWTH-pair coming up on Flamingo. Switcheo is a great project that anyone interested in FLM will have heard about sooner or later. It will be massive, bigger than FLM I think. Sorry if this is seen as shilling, it is well meant :)
Long
by VargVemund