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Technicalanalysisexplained

#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see from the chart mentioned above that BTC is still trading inside a price range-bound. BTC was unable to break above the $20k resistance level and was trying hard to break above. BTC broke above the resistance level. In the current scenario, BTC broke above the triangle pattern and currently retesting the upper trend line. Here BTC will rally towards the upper resistance level at the price level of $21.7k Let’s see how BTC performs in the upcoming hours and will BTC is able to break the upcoming resistance level !! NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
Copper - where are we from a technical perspective?Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
COMEX:HG1!
by The_STA
BTC LONG TERM : IS IT READY TO PUMP ???Hello !! Welcome to the quick update of BTCUSDT. It was trading in the range of 37300 to 39800 for a long time. It is still in that channel and I can see a larger bear flag that was about to break but BTC managed to enter the channel again. I think we are still not bullish on BTC as it has a number of resistance that it needs to break before hitting 48000. The points we need to consider are if BTC breaks R1, R2, and R3 i.e. 40800, 42200, and 43400 respectively. If it manages to break these resistances, it will touch 48000 without any doubt. I think it's better we wait for the right moment to enter any trade. As of now, all altcoins are pumped around 5 % to 10 % and we may see some retests again. Please be safe with your positions and invest wisely. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
Long
by ScramblerG
CALM SELLUJ created a relative equal high after a break and retest of a H4 rising channel support. There was a target area for a liquidity grab above the relative equal high where price was expected to push to before dropping again. After that area was hit, a 50% fibonacci retracement was created on the M30 timeframe. The profit projection area from this 50% fibonacci retracement lines up with a H1 indecision level which is TP1. TP2 is H4 lower low which is also just above the D1 timeframe support. Feel free to comment and let me know what you think. Please like and follow for future analysis'.
Short
by Toppa
2
Bitcoin Price Manipulation Continues Hey all Gamblers Paradise here with another crucial update on the Bitcoin Price Action. Just wanted to remind you to please like and comment on this post if you have found use for it in your trading analysis and be sure to also Like & Follow my Trading View account to get these updates as soon as they come out! The SMART TRADERS are SMASHING the LIKE, REP and FOLLOW buttons on Trading View because you want these updates and insights into what in the hell is going on with Bitcoin and other Cryptocurrencies. Its always a Gamblers Paradise in trading and that is why staying informed and having a game plan with strategies for the price going in either direction We were unfortunately not able to hold the highs we broke as a support level after getting rejected off the 200 EMA daily after volume dropped off. We are still holding within our ascending triangle which is why this trade is not yet closed. Using the white trend line that we started at our bottom made @ $36k just before breaking the multi-structure resistance level, and then using the .55 Fib level which has been our resistance, you can see we have a clear ascending triangle formation. We also have another ascending triangle of a bit longer scale, if use the same resistance level of the .55 fib and then use the wick low white trend line that has been tested at our macro double bottom at 32k and then again at $34k you can see another ascending triangle. These are marked by in the corner for both ascending triangles with a Green 1 and a Green 2. In a bullish scenario this would be the first big key step to starting our second parabolic flag pole after our meteoric rise from $3800 to $64k. Our first price target would be to break our $45.5k wick tops and also the .55 fib ext at $46.5k which this move should bring us up to right about $48k-$50k which would also break our ascending triangle to the upside. Then as long as we are supported on top of the .55 fib level, its a move back up to the .618 which was already broken and also price action supported by the Daily 13EMA and 21EMA above the .618 level when we made our ATH of 69k. We should be seeing us stop short of the .618 and find support above the $58k and then $64k for some consolidation and then just blast straight through the .618 fib level, up to about $74k. Unfortunately we also do have 3 a bearish possibilities to look at as well. We do have 3 overlaying and extending symmetrical triangles. Symm. Trinagles are continuation patterns of either bullish or bearish moves depending on the previous move. Short Term Symmetrical Triangle: Red 1 A breakdown from our recent rejection off the daily 200 EMA has seen a drop of about 15.8% and this symmetrical triangle is marked with a Red 1. This drop would most likely happen within the next 2 weeks Mid-Term Symmetrical Triangle: Red 2 A breakdown using our first move from the bottom of 32k up to the high of 45k, which would be the text book extrapolation point to use, would make us look at another 25% drop which would bring us to test our lowest point in about 9 months and would test the $28.5k wick low from back in June 2021. In this extrapolation we also do have the chance for major fake outs, which would break below the $28.5k low and wick down to our 200EMA Weekly which at the break down point of the symmetrical triangle would be around $26.5k to $27.5k. Longer Term Symmetrical Triangle: Red 3 Or Is this Symm. Trinagle the bearish SCREW YOU pattern that market makers are going to pull? If so we would be extrapolating a 2nd flag pole down of about 44%. This would be measuring from our falling wedge breakdown top of $58k down to our $32k bottom which also broke our Weekly time frame 13EMA and 21EMA and would most likely be taken out the longest symmetrical triangle we have marked by a Red 3. This drop in price would measure out to drop us below our Weekly 200EMA. Which has only happened twice in Bitcoin history - the $3100 bottom in 2018 and then the Covid Crash of 2020.. Bot of which the price action was still within a bear market. The Weekly 200EMA started is path at the bottom of the bear market in 2015, which supported both bottoms never closing candles below it. So we have twice where it held with no candle closes below and twice where candles closed below this Weekly 200EMA. Given the pattern of 2/2 and the laws of 3 pattern we should see another two Weekly 200EMA holds with no candles to close below it. But this extrapolation would have us breaking below the Weekly 200EMA and move down to the our .382 FIb Ext. level. Which for bitcoin is the routine habitual move in a fib ext. after being rejected from the .618 fib level. In all cases there is merit for the price action move. This is a a time of waiting if you do not have a position in the market right now and waiting for confirmations to start happening. Right now with my current position still being in from $36.7k. I have a staggered stop profit limits setup. And if I am stopped out also a buy back setup. If the drop starts as of the beginning of this week most likely starting tomorrow when the markets open back up with a rejection from the daily 13EMA or 21EMA then my stop profit + Buy Back Limits & new stop loss setup looks like this: Starting Monday, if the drop happens in about a week, which would be a rejection toward the end of Red 1 by either the daily 55EMA or 100EMA , then my stop profit limits + Buy Back limits & new stop loss setups looks like this:
BITSTAMP:BTCUSD
by Gamblers_Paradise
3
EUR/USD: FED with chance of policy monetary tightening For tomorrow, we have 2 important news in U.S. Dollar about Consumer Price Index and Initial Jobless Claims in USA. But, I interesting that you read these sentence: >>>key inflation data which could confirm the start of the Federal Reserve’s policy tightening process. >>> Investors have been revising their forecasts for ECB rate hikes after the bank caught them off guard last week, with President Christine Lagarde flagging for the first time that monetary tightening was a possibility this year. >>>The Consumer Price Index print may offer new indications about the pace of the Federal Reserve's monetary tightening, and investors are bracing for higher-than expected numbers that would signal more aggressive rate hikes. So, we have a similar situation in the past week that the European Central Bank President and Mrs. Christine Lagarde made an awesome Euro rally in the Forex market when the past week Lagarde announce it. So, Federal Reserve want to make a tighening in their policy monetary in America as inflation data may to confirm it to begin it the aggresive rates hikes. So, this it's just my sight in this market. I look Euro bearish in front of U.S. Dollar Now, I add this screenshot in H1 timeframe where I look that Euro/U.S. Dollar forming this bearish channel flag in H1 as investor await for tomorrow the important news in U.S. Dollar. There're some sentiment in the market that investor it's put in eyes in the possible tightening in the USA economy for here and the next months. But, You can to look in H4 good that we could to make a bearish signal or sell-off in Euro. So guys, the details of my trading are here. I entry around of $1.1426 USD and my SL at $1.1460 USD (-34 pips) and my Target to $1.1318 USD (+110 pips)
Short
by harisonhbn9718
BTC - Breakdown of Market Participants & Structure 1#So I thought I would put some thoughts together breaking down how I am looking at the Macro View of BTC at present, as there is a lot of negativity in the space right now and on CT (Crypto Twitter ). A good way to clear you head from the noise is to step back and look at the chart on the macro level (see the forests from the trees). For simplicity, this analysis will look at naked price action and market structure only. From this analysis, we can discuss where money that is biased by these principals may look to re-enter the market. NOTE: I would advise you look for confluence with other tools such as indicators and moving averages when making market decisions (happy to discuss these in future posts in this series if people want – let me know in the comments below). Please consider this analysis for education and entertainment purposes only (not financial advice). First let’s discuss the doodles & squiggles I have drawn and why they have been included in this chart. FIBONACCI RETRACEMENT Firstly, let’s look at the horizontal thin black and gold lines on the chart. This is a tool called the Fibonacci (Fib) Retracement tool, and the levels are based on the Fibonacci sequence which is a numerical sequence of numbers found in patterns in nature that are repeated almost everywhere. The numbers (and corresponding price levels are drawn in brackets on the far right of the chart). I have drawn our Macro fib from the COVID 2020 March bottom to our new ATH at ~$69K (see blue arrows). Looking at these fib levels, we can see these have provided respected price levels of support and resistance . For example the 0.786 level held support when we were mucking about trying to break the prior ATH of ~$20K in November / December 2021, 0.5 level currently as well as many points through the mess in the specified Supply / Demand zone (red and green horizontal rectangles) trading range and the 0.382 & 0.236 fib levels through the start and end period of 2021. It is important to note that we are showing respect to these levels on the way down in our current down trend which means there is money in the game that is giving conviction to this Technical Analysis Tool. I would expect we lose the current 0.5 fib level we are currently respecting at the time of writing over the next few days if we don’t see any volume come in at the current levels. Most fib traders are looking for the 'Golden Pocket' for re-entry positions ( gold lines in the tool). Fib traders who have money / profits that are sitting on the side lines, generally look to take exposure again at the 0.618 - 0.65 levels (or a 61.8% to 65% retrenchment in price for those that like to think in percentages). This range and all fib levels is significant in nature and similar patterns are shown in social behaviour (I recommend you do some self-teaching if you are not over this - there is plenty of good free resources on this topic out there and is an interesting read). I like to think of the Golden Pocket range as the area of 'Max Pain' for 'underwater traders' and often forms good areas of liquidity for Fib Traders to attack with low slippages on exchanges on re-entry. The Golden Pocket fib levels range between the bottom of the green demand zone and the top of a daily Order Block (OB) (blue rectangle in the image), showing some confluence for support in this region. I may do a post in this series on how I view Order Blocks if people are interested - let me know in the comments below. A respected Macro Fib retracement means there is conviction at the macro level in looking for confluence with support at the 'Golden Pocket' range. TRADING RANGE ( SUPPLY & DEMAND ZONE) Simple rules of trading ranges are; once you reach the top, assume we are going back to the bottom unless proven otherwise (i.e. a break of the upper levels of the trading range) and visa versa. While the trading range (ranging between ~$42K and ~$29K) I have drawn is traditionally not how you would specify a trading range, the Demand and Supply zones drawn on this chart have shown clear indication of price level support and resistance through 2021 (the top and bottom definition of a trading range) and has been a zone where BTC has enjoyed returning to for some re-accumulation of positions / exposure. A strong indication of supply and demand is evident from the large 'wicks' on the highs and lows of candles (noting we are viewing the chart on the daily time frame). Where these wicks align at price levels, we can deduce that there are confluence between net buyers and sellers targeting these prices to gain exposure / close positions respectively, forming this idea of a trading range. This price behaviour generally dictates price moments until it no longer does. As discipline traders, we identify these patterns and use the top and bottom levels as "if this, then that" decision events. We can see the specified trading range between the top Red Supply Zone (Selling Pressure) and below Green Demand Zone (Buying Pressure) horizontal rectangle ; starting with our first major trouble with our parabolic uptrend at the start of 2021. This zone or trading range was respected with the 'Chinese BTC Mining Exodus" dump and established local bottom through the blood red month of May and Jun / July 2021 period; and we have just regained this region again in our current ~85 day down trend from our ATH . As discussed above, re-entering the trading range, we assume we are visiting the low of the range before reversing. As we did not reach the top of the trading range on the relief rally from the weekly OB (there were a number of tell-tale confluences suggesting this would not be the case) and rejected at the red arrow at the red point 3. This bearish price action further strengthens to a trading range trader that we are visiting the lower level of the trading ranges. NOTE: again as with all trading ranges, we visit the top, then the bottom, then the top etc of the range until we don't. Based on this analysis alone we could be 'playing in the sand box' so to speak within this range for a while. PARABOLIC TREND LINES Drawn on the chart is a thick Red line (drawn using touch points during September 2020 before our parabolic uptrend which align with our liquidity grab market trend reversal 'dippy dip' at the end of July 2021) and a Green trend line (drawn using the same point to start our fib retracement levels discussed above (i.e bottom of March COVID Crash) and different touch points during September 2020 before our parabolic uptrend). These are called parabolic uptrend lines because if you keep drawing these on our start of 2021 parabolic uptrend run, these lines resemble the tangential linear direction of the parabolic curve from that point of the curve. They are useful as when we break key support line, they indicate a fundamental breakdown of current market structure. A good demonstrator of this is shown by the Blue line, which once we broke (while we did attempt to regain this line) indicated fundamental structural issues with the sustainability of price levels and resulted in a 'Flush' of the prior months price action. The Red trend line below, we expected the price to intersect with the ~$40K region. This trend line showed confluence with the top of our trading range. We initially bounced as expected off these levels. Traders who would have put their stop losses below the end of September 2021 bounce (which was the confirmation point for many traders of a higher low and confirmed the uptrend to the underwhelming new ATH of $69K), created a liquidity pool for Whales to target. The expected liquidity zone also suggested this price level would be a good area to look for a recovery of trend to the up-side. However as shown by the lack of low volume , this turned out to be a ‘bounce for ants’ and we eventually broke down from this trend line . I expect this trend line to form resistance on a potential bounce to the current trend if that does in happen and we interact with the line from below (hence why I have marked this as Red). The Green trend line below is our next parabolic line of interest (and potentially our last). While this does not align with our trading range where one would expect it may first intercept with price with our current trajectory, it could form support in the act of a large liquidity grab / capitulation event which wicks on the daily chart below the demand zone and quickly re-enters the trading range. I believe this may be needed to reverse the current bearish trend in BTC and is often associated with reversals and breakout of a trading range. Traders will often refer to this as a fake out. For similar reasons above, this line signifies points of interest we should pay attention to when and if price meet / intersects this line. LONG TERM TREND LINES The Black downward directing diagonal trend lines dictating the highs and lows of our current trend clearly show the current intra-cycle price direction is bearish and will continue until these lines are broken. It is noted we have traded in this pattern now downward without any considerable relief rallies for 85 days. This is unusual, and will need a failed decent relief rally if prices are to fall down at our current rate to the extreme lows called for in CT. Relief rallies are needed for healthy continuation of trend direction (both up and down) as they allow traders to take profits on the way up or on the way down from long and short positions, and provide clean retry points to continue the trend. The fact we have traded in these trend lines for so long to be is an indication of how over sold we currently are and suggests we should be looking for confluence with other indicators to support this thesis. These line are pretty self-explanatory, however when we break them they are the first sign of repair. The 'story' of these lines are some what explained through the above and shown with the orange and red arrows at point 1,2 and 3 respectively. I would detail these points, but as this post is already lengthy I think from the above you can work out what is happen here and why they are / were significant and strong supporting signals for traders to respect and expect the continuation of the current bearish trend. If and when we break and confirm these trend lines (hopefully to the upside), we then need to work out if we are getting a to failed relief rally or a change of trend by locking in a higher low and a higher high and start to see resistance levels flip into support. GREEN BOX - POINT OF CONFLUENCE While the above by all means does not guarantee price will drop to this level and if and when it does will not mean we will get a reversal of trend. In Crypto, anything can happen and the above should all be taken as dubious speculation (after all it is all just doodles on a chart haha). However as with anything in life when trying to work out the whys and how's and the mysteries of human behaviour, it is prudent to follow the money (as money incentivises behaviour and effort); and when it comes to BTC , the money comes from the market participants; and the portion that influences their decision in this market on the above concepts (Traders and possibly the Whales) will be looking at these price areas; and as they often make up the majority of trading at critical pivot points in the market, it is worth understanding what could be important to these market participants when price reaches these levels. That being said, the confluence on the above concepts is why the indicated 'Green Box' is where it is and if we range down to this level then based on price action analysis alone, this would be a point of interest to expect a bounce and review to see if we have enough volume to start a trend reversal. Confluence with other TA such as indicators I would advise using which if people wish I might do a post in this series (let me know in the comments below). For context with what has been drawn on the chart; if we have not reached our market top ATH this cycle (as measured from the halving), then a visit to the Green Box and down to the Green line would be the worst case outcome I would be expecting. To remain bullish from this point we want to see strong volume and a wicks only below the Demand zone (any substantial trading below the demand zone would require caution. If we break the green line to the down side, I think it is very possible we have made our ATH (All Time High) this cycle at ~69K (barely a ~3.5X from the last cycles ATH at ~$20K). Based on Market structure and Price action alone; there is very little support below the Demand zone , and if we break it and confirm then the low 20s and then low teens would follow. I hope the above was useful / insightful and hopefully an interring read. Please comment your throughs below – these posts are intended to promote positive discussions in our space.
Long
by Brodie
Institutional Order Block Strategy Hey everyone - hope you're good. 1) Strategy is nothing and certainly not "mine" - it's been around since early 20th Century since the days of Gantt, Livermore and Wyckoff 2) Tried and tested methodology whereby Market Makers sell down below structure 3) Killing Retail stops 4) Go back up 5) Come back down to exit the sells at close to break-even 6) And then continue the way up. Check my profile for more info on us, and how we trade. Cheers!
Long
by FiguringOutFinance
2
Broke out of falling wedge.So now the NAKA has broke out of falling wedge, I'll wait till it retests and take support at 60 of RSI indicator. Most of you would say the range of RSI indicator is between 70-30. But i'ld say check my 5 strategy of using RSI indicator. Uptrend- 40-80 Strong Uptrend-60-80 Downtrend- 60-20 Strong Downtrend-40-20 sideways- 40-60. This is just my way of using RSI indicator. For those who're doing longterm this can come in handy and works very well. Of course you need to make sure to try this on different time chart. like if you're trading on daily chart make sure to check weekly and monthly chart aswell. if weekly and monthly is bearish and daily is bullish eventually the daily will come back down. For Further more Technical analysis on RSI indicator please like and follow the page. if you're intraday trader and you trade on 15min. chart make sure to check 4hrs and daily chart. if you're short term trader and you trade on daily chart make sure to check weekly and monthly chart. Thankyou.
Long
by pemscanor
Bitcoin Analysis - Triple Falling WedgeIts always a Gamblers Paradise in trading and that is why staying informed and having a game plan with strategies for the price going in either direction After yesterdays analysis leaving the opening to a move in either direction where if we broke above and held $60k that we were looking for breaks to the upside, and then also if we broke down that if we broke below $54k-$55k that we would be looking for more moves to the downside.. We saw the break down after stopping our breakout at $59.9k ---> MAINLY DUE TO EVERYONE BEING ENTIRELY TOO BULLISH AND LONGS HEAVILY OUTWEIGHING THE SHORTS. If you look anywhere in the Crypto Community, i.e. twitter, facebook, reddit, news articles etc.. you will see that EVERYONE has flipped to an HEAVY BEARISH OUTLOOK. I have seen people even bringing up that Bitcoin is going to $0 and bringing up items from the Bitcoin Obituaries site. But put all that aside and look at the technicals. IF a break below the $56k point was going to happen and was not just a wick down and recovered above support, then the next support I was hearing from more most was between $48k to $50k. Overall, Its obvious that the price is being HEAVILY MANIPULATED downward since $69k. And with the breakout attempt that came yesterday it got a bunch of MoonBoy's and Fomo Joe's out from being in hiding.. So what happened? Market Makers just crushed every MoonBoy's and Fomo Joe's dreams having the price fall back the bottom of the support box, the price was recovering and then punished them further by forcing the panic sell of about $3500 off the market price. Think about how much $$ it takes to shave off that much in market price. Here is the merit that bitcoin CAN START ITS ASCENT AGAIN off the $54k price level It is held in some hidden technical analysis that it takes a trained set of eyes and understanding of market psychology for the market makers perspective. I looked at multiple timeframes and made some very small adjustments to the trend lines and it shows a clearer picture. After the few changes I made with the new data and price action, we can see something like this since October 2021 Bitcoin Index 1D Chart We have 3 separate falling wedges that have formed, along with the 11 year trend line that we are still holding as support. Falling Wedges are Bullish Continuation Patters and have a very low probability of breaking to the downside. Bitcoin Index 1D chart: When we look at this in comparison to some previous price action we are able to see that the percentages of throwbacks compared to the last, we are just about even give or take a few points. This would be showing that if we are going to make a bottom we would be needing to do it between $52.5k and $54k. Keeping candlebodies above the 11 Year trend line would be much better from a technical standpoint. Bitcoin Index 1D Chart: Looking at the timeframes of each throwback as well as the bottom we made from before at $29.5k. We are also already in the range of where we would be expecting a bounce. We have a triple falling wedge formation that has built at the bottom, half way up the recovery and then also that starts above the Previous ATH and has moved back into the top of that previous candlestick pattern. Having multiple falling wedges on the top too is also very strong from a bullish side of analysis My custom Indicator at the bottom is still showing a wave curled to the upside even with the dump yesterday, and If you look back at the last breakout we made on the indicator, we could possibly see something similar to this. We can see that the matching of the last price movement, we would look at an overall price target of $92k when confirmations of the breakout are made. So far, given the support level being held with candle body above the 11 year trend line, and that we are respecting multiple falling wedges either from the bottom(support) trend line or using the top (previous resistance) trend line of these falling wedges as support. This is still holding up as a very bullish formation even with the dump we had yesterday which if you look, topped at the largest falling wedges top trend line and then got supported by its bottom line. We are also holding the trend line from the bottom that started the initial breakout (in green). If we break below and close daily candles below these support points ive labeled... THEN WILL I BE LOOKING AT CHANGING MY BIAS. UNTIL THEN, IF you are still not in a position wait for the confirmation of a breakout to be mad and then look at placing positions. IF you are still currently in a position like I am, then you can look at DCA more into your position and work that entry point down, but keep some stop losses around $51k. We could possibly see some wicks down to $52.5k still but that is still yet to see. If you already switched your Bias please go back to the top and read again :)
INDEX:BTCUSDLong
by Gamblers_Paradise
1
EURUSD Short outlook after the bearish momentum of FOMC.As you can see, since the 20th of September, the market has been ranging and generating liquidity for the FOMC to go smoothly and trap all sellers and buyers. We can right now see that the momentum is to the downside. I have annotated with a W1H what I think to be the potential Weekly high, so we can be expecting new Lower Lows from now on. The potential level to be reached is the W1/D1 low that I have been calling for a few weeks already during the Weekly outlook and setups. As for today, we can potentially have a bullish move during London and then a sell off during NY. I will share some entry zones as well now. Here is how I imagine the 15M to develop: Let me know what you think!
Short
by TradingFanatic
2
The Art of Technical Analysis for Beginners part 1Hey Traders so today I wanted to make a brief tutorial on technical analysis for those who are new to trading. This will be a short series that gives you the tools to understand the charts without any indicators ever needed. This analysis can be applied to all markets Stocks, Forex, Commodities, Crypto etc... Be on the lookout for future videos in the series and I hope it helps those who are new to trading! Enjoy! Trade Well, Clifford
TVC:USOILEducation
by TradetheFuturesCharts
10
Cardano dominance it's bullish for this key altseason!!!Ok guys, I jus want to share you this short analysis for you. I see the Cardano Dominance that it's extremely bullish by long term. If you want to accumulate Cardano, the time it's now to continue accumulating Cardano in the best price. For that, this it's an opporutnity for us. Why I explain that? Becuase or the fundamental keys that it's envolving in this cryptocurrency. Remember, if you don't know Cardano, you can to get it to link to related idea to read about Cardano, many cryptocurrencies and others special analysis. *** In this point, it's very important, I'm extremely bullish more in Cardano than others crytpocurrency, for that, Cardano have all fundamentalks to be distinguided in this bull rally & altseason on 2021. For that, this it's my cryptocurrency that I'd reccomend a lot to invest, and remember, I'm deciding to sell all my cryptocurrency for Cardano. Cardano it's my best cryptocurrecy that I like it. Once of my goal it's to reach the 20,000 Cardano coins as I have in hold 11,234 Cardano. Just selling Ethereum, XRP, Chainlink, Litecoin, Bitcoin, EOS and Tezos for Cardano. And then, make trading to earn profit and use it to invest in Cardano little to little until reach my 30,000 Cardano coins. And one of the stragety that I use as I sell part of my Etheruem to buy 10,000 Dogecoins coins, becuase in Simple FX broker, they offer to deposit Dogecoin to accumulate in this cryptocurrency making trading. And then, I know that Dogecoin it's growing up fast than others cryptocurrency, so accumulating DOGE at least like 40,000 Dogecoin and depending the convertion between Cardano & Dogecoin ratio, I can to sell my Dogecoin for Cardano to get more Cardano. But if you want, we can to talk about this strategy to accumulate Cardano making trading in Simple FX with Dogecoin or any crypto. But guys, that it's all, just I want to share you my perspective how I see the Cardano dominance in the future. And I believe that Cardano it's going to growing up throughout of the time until take a good percentage in the altcoins dominance concentrated by Cardano. For that, investing in Cardano. this cryptoucrrency could to change the world and I interesting to work with Cardano team to develop more research in Cardano and discover this cryptocurrency deeply and the team as my experience. I believe that If I d, I can to becoming part of Cardano team to develop more technology and support Cardano for the future.
CRYPTOCAP:ADA.DLong
by harisonhbn9718
7