Tothemoon
Symmetrical triangle breakout x BTC Part 10Here we see a breakout of a symmetrical triangle towards the upside awaiting a pending retest of either the 0.618 level(again) or the top trendline of the triangle(more unlikely).
The following targets are at the 0,786 level( 38k) and the max(1.00(43k)) respectively. Long-term: TOTHEMOON
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Bitcoin to the MoonScarcity of bitcoin and fundamentals of decentralized finance in future are something which is common sense with adoption curve of crypto which looks like internet in 1990. Idea to buy the dip and hold has it's strong fundamentals. Dollar cost average is best strategy when it comes to investing long term because person cannot physically invest money now that will be earned in future.
Halving event of bitcoin which happened 1 year ago did push price to new ATH and now there is 50% correction. Some argue that it's too much to be called correction and potential bear market. But crypto bull market never topped ever before like this. It always did have huge delusion and fomo effect. So I don't think we are in bear market and don't think that will happen anytime soon. Correction like this is normal if there is lack of liquidity. However, on the other hand, now institutions are present and investing in bitcoin. There is just 10% left bitcoin to be mined until 2140. and available on exchanges. People are not willing to sell while institutions and investment banks are now involved and they want huge portion. They cannot get if people do not sell and that's why I think this is ARTIFICIAL BEAR MARKET MANIPULATION so they grab your bitcoin. China FUD is not important. Bitcoin is decentralized P2P network and no government or central bank can stop it.
According to "Stock to Flow" model, we are still early in this bull run and top should be somewhere between 100-300k. Fed prints money like crazy, inflation skyrockets so time came when it's best investment to buy real money(bitcoin, gold and silver) with fake money(us dollars backed by nothing).
Disclamer: I am just normal guy who likes investing, mathematics and analysis. I do not hold any degree in economics and I am not financial advisor. That being said, this is NOT considered any investment or financial advice. Do your own research before investing and never invest more than you are ready to lose.
Possible Bull Flag in the 6HR Time FrameSo from what I can see on my laptop which has a small screen because I am at work while looking at these charts I do see a bull flag forming in the 6HR time frame. So I have personally bought back in at $1.56 & I will be waiting to see what is gonna happen over the NEXT 24 - 48 hours. #markcubanforthewin!
This is not financial advice this is only my personal opinion using tools I know in order to produce a good analysis. Please DYOR before investing into cryptocurrencies because they are EXTREMELY VOLATILE and you need to understand in this market if you want you're long term assetts to last you must invest in fundamentally strong projects.
if you like my analysis please feel free to drop a like / follow in order to get future analysis. I try to give a daily analysis on MATIC, ADA so please continue to follow! THANK YOU to all of my supporters!!
As Always,
Happy Trading Traders & Never Trade Leverage!!!!
2 ideas for $MATICSo these are the 2 possible scenarios I see taking place. If you bought in at the first support and are worried don't be its probably gonna graze the 50% fib support and should bounce off of it. I have drawn 2 different pathway's for you to look at to get the gist of what I believe we should see over the next 24 - 48 hours.
This is not Financial Advice only my opinion using tools that I know and understand in order to produce a good analysis. Please DYOR before investing into cryptocurrencies considering the level of volatility in this market you need a good understand of it.
If you liked my analysis feel free to drop a like / follow in order to follow me for future analysis.
As always,
Happy Trading Traders & Never Trade Leverage!!
Entry Position for Matic/USDSo I know a lot of you have trouble knowing when you should reenter the trade or even enter the trade so I made this up to give u a idea of where u need to be entering into the trade if you sold at the 78.6% lvl and then are now waiting for it to settle. I would say it is going to just barely touch the 61.8% support and bounce off of it and start heading back up to retest the old ( ATH ) and set new ( ATH ) and so on. So if you are waiting to reenter into a long position then this I think will be the best area to do that.
This is not financial advice this is only my opinion using tools that I know in order to produce a good analysis.
Thank you all of you for supporting my technical analysis and I hope to continue to see you all in the future! We are shaping a future for our children and our children's children by supporting blockchain technologies ! If you have not yet started to DYOR on blockchain in general then I highly recommend you do so. Blockchain is indefinitely going to replace fiat / currencies as we know it today and there is a strong chance it may even help other countries that have broken financial system begin to thrive and flourish and catch-up to us larger countries.
I hope all of you have a bless day and remember always,
NEVER TRADE LEVERAGE!!
-PacMan1337
DOGE, to Mars?Yes, we are waiting for Elon's tweet as well, just like you guys. But in the meantime, on the technical side, this is how our setup is looking. We are anticipating the breakout of the falling wedge. As soon as it happens, we will be aiming for the area identified on the chart!
What do you think, family? Please, feel free to share your thoughts and opinions in the comment section below.
DOGE;USDT! Dogecoin to the moon on June 14?Buenos Das! Dogecoin might be touching $1 on June 14th following the pattern above. Tesla CEO, Elon Musk also confirmed that Tesla will be accepting DOgecoin as a payment soon. Coinbase will be listing Dogecoin too. Robinhood will also be putting dogecoin in liquidity and lite. SO is it now the time we should ask, WHo let the DOGE out? Get ready to fly to the moooooooooooon!
NFA
ETH - ETHEREUM TOWARD HELLFor now or forever?
WHO CARES - NOT THE MARKET ---- JUST GET OUT OF THE WAY.
That I'm not trying to get into at the moment. I'm simply trying to point out that over exuberance with the bulls is about to take control.
The panic didn't even begin yet. Nor has some of the despair.
Diamond hands will be eroded by tears is my fear.
Retail has somehow managed to make a good dollar here and there, but I worry that so many of them are so late to the game. They're riding the hype hoping that their account balances will do the same as those they are now watching on YouTube, TicTok, or Instagram and those they hear of in the myth and loor of the subterranean reddits.
I honestly wish I could root them on, but I think they're about to be hit by the full force of the market.
After all, at the bottom of every decision to buy, sell, or hold is an assumption of value.
So only those who are truly versed in the tech and it's use will be those capable of really diamond handing. Maybe a few others.
But you can't tell me, let alone convince me, that when the real blood starts spilling the some odd millions of retail HODLers will remain brave.
Truth is, those overwhelmingly large paper hand retail marginal players will be screaming for the exits. All they wanted was a quick buck "like everyone else". What they didn't divulge is that they are overly levered and are going to be getting those mental margin calls.
I don't know where the bottom is but I am RIDING the hell out of this bear wave.
ETH/USD TO THE MOON (ETHEREUM CLASSIC)lets see if this can be the last stop for crypto before going on a major bull rn. possible go sideways for a bit or quickly bounce back. we are at major support
levels on all cryptos now
action packed chart of COST; to the moon off earnings!Bullish inverse head and shoulders formation on the daily chart for Costco. Earnings around the corner with expectations of a huge beat. Costco has their membership fees/incentives to help protect margins as inflation becomes a factor in everything from supplies to freight. Earnings whispers are $2.44 a share with a consensus of at least $2.28/share.
Stoch RSI compression repeated itself. The last time Stoch RSI compressed/consolidated right before earnings it went on a huge 18% run over the next 98 days, 27% over the next 186 days, and 22% by the next earnings report (196 days later).
"History doesn't repeat itself but it often rhymes"
I expect a similar breakout on earnings with this repeated pattern although price action has been terrible this earnings season even with beats & good guidance. COST could be the exception. Probably smartest to play it through options to risk less.
www.earningswhispers.com
ADA loading up for another big move! Here's a quick look at ADA 4 hr chart. As we can see, the price is in a bigger triangle atm, and the best entry would be when the price breaks out from the triangle with good volume. Keep an eye on this!
My 30x Pick - BonFire - You can buy it on PanCakeSwap
The idea is: Buy the breakout from the triangle and Take profits at the levels shown in the chart.
Targets:
1. 2.15$
2. 2.45$
3. 3.35$
- Profits can also be taken in the resistance zone .
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!