Web3
Aragon needs a triple combination to prepare for the 3rd wave?butterfly harmonic pattern:
X=$23.59
A=$0.173
AB=0.78 XA
BC=0.88 AB
0.78 XA=$8.25
0.88 XA=$13.48
1.13 XA=$44.68
*1.6 BC=$66.53
*1.27 XA=$89.72
1.41 XA=$176
2 BC=$242
1.6 XA=$490
*2.24 BC=$545
The MOTHER of all Cup and Handles - SCUSD Log scale storyHi all,
Main TA Points;
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1. Log scale chart.
2. Big cup and handle on monthly.
3. 20MA currently acting as support.
4. Break of Ichi looking imminent.
5. Incredible R:R
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Talking Points;
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Going to keep it simple,
Log scale is a fantastic tool to use over long term chart views as well as high volatility markets such as crypto.
SCUSD is painting an enormous cup and handle suggesting a price target of anywhere between $1 - $3.50.
There is a strong possibility that Web 3.0 will be the "meta" paradigm during the peak of the current bull run. Sia/Skynet is arguably the strongest offering in this space with Siacoin offering a significant investment opportunity with considerable upside.
These price estimates are also inline with SCBTC hitting its all time high of 800 satoshis. Should it do this with BTC hitting upwards of 100K we are definitely talking price targets in this range.
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Estimates;
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Log scale modifies your drawing tools and I'm having difficulty calculating the exact measured move. At this price entry however, liquidating a portion of holdings at 1 dollar would be a prudent strategy having banked significant profits.
I think targets should involve averaging out of the trade in this case given we are looking at a range of $1 - $3.50.
Good luck,
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Any trading advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information provided you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should seek professional personal financial advice before making any financial or investment decisions.
All investment and trade decisions, no matter how well investigated, involve risk.
Databtc 2022 price projectionStreamr(DATA) is launching new features in 2022 including staking data coins. This is a web 3.0 project (decentralized P2P real-time data pub/sub network) which you can create nice applications. 130K nodes have participated in the recent testnet, which shows good community support. In addition, according to the CEO the latency was only 350ms. This is a promising number for a web 3.0 project because it is hard to scale a decentralized network for technical reasons.
The chart is looking good for the midterm. There is a good possibility that the price will perform a butterfly pattern. Commodity channel index supports the idea by making a falling wedge that indicates a bullish sign for the coming months.
IMPORTANT NOTE
In order for this to happen we should not enter a big bear market due to some economic crisis. If the markets go well for the next 6 months, I think there is a very good possibility that this analysis will work.
POND ready to fly 30%- 300%#POND/USDT
$POND is a web3 coin with great potential to increase.
price broke out descending resistance and touched the parallel resistance and rejected to pullback to broken line.
now price is above long term support and can increase to parallel resistance.
breaking out from descending resistance will lead price to resistance zone, and break out from resistance zone will rise more to touch $0.2.
#DrepUSDT - very strong accumulation, possible breakout patternIt looks like there has been lot of buying around this level. Drepusdt not only looks strong here, but has potential to move towards its monthly and weekly keylevel, a potential 100% upside is possible from these areas.
Few days back before market crash we were seeing that there were potential pumps, and misses. A strong retest in monthly and 10D chart has also finished.
Looking at all this, I am giving this a BUY for now.
BTC will recover and Drep will explode to new ATH levels.
SCUSDT - Reaccumulation is in actionHi Everyone,
Keeping this analysis simple and Straightforward.
if you look at the history of this chart, It is repeating very similar pattern, that lead me towards the conclusion that this coin is in accumulation phase.
As soon as BTC start behaving like a good boy, we might see a PUMP.. This project is also from Web 3 category with very interesting subcategory of cloud storage that make it very bullish.
short term targets are mentioned, while long term target is $2
Thanks.
Definitely i am not giving any sort of Financial Advice, this TA is for my own entertainment and educational purpose.
please like and i welcome all sort of Constructive Criticism as i am new and self studying about Financial Market and TA. Your support will be highly appreciated.
Regards
Is ELASTOS a potencial crypto 💤Here again, analyzing the market, I recently noticed the crypto ELASTOS , which I had on my watchlist when there was information on the COINBASE exchange and at the moment it has a lot of potential. But so far it has only gone down.
My first impression that I had was that price drop 95% since 2018. That caught my attention cause in that year cryptos like (Bitcoin, Etherum, etc..) did it to. Since then price started accumulating.
Trading analysis:
Price made a BOS (Break of Structure) and respected the zones of supply marked in blue. What"s next for another HH (Higher High)? Now price is dropping to the new supply zone 2.0$ close to our KL on 1.5$ .
1º Trend
If price start acummulating and getting closer to 2.0$ i will open my position to hold.
2º Trend
My second option will be to buy on 1$-1,5$ cause price break our HL (Higher Low) and expect price to range till the ending of March as you can see in the box (PAST) that can be reflected in the future.
Double Your Investment Ideas : ALICE/USDtALICE is currently standing at the point where it can be bounce anytime and we could make at least 2x return ...
DISCLAIMER : Invest with Safety and Risk Management . Invest with D.C.A ( Dollar Cost Averaging ) strategy so you Make better returns with Minimize Risk.
Learn D.C.A if you are not aware about it.
Good Luck !
Power of 2x .
$50 $100
$100 $200
$200 $400
$400 $800
$800 $1,600
$1,600 $3,200
$3,200 $6,400
$6,400 $12,800
$12,800 $25,600
$25,600 $51,200
Tezos, will we have XTZ in 2022? WEB3.0Hey crypto fam, please thumbs up the chart if u like it or find it useful...
Big gainer after the early 2021 crypto market crash, Tezo's has rebounded with huge strength this week, so here is the weekly view of the ambitious project looking to take WEB3.0 into the next decades
A clear trend line of support in yellow gives us a good idea of possible entry pivots and using the fib we can see where to exit.
The price on the top side shows a widening wedge, kinda like a horn, which could be extended if we can get back over the last ATH of $9.14, targeting $11.2, $12.3 & $13.8
Indicators show us more room for price to grow, RSI and CoP are both in the right trend, vixfix shows a market bottom last week, but it's very possible if bitcoin cannot hold key area of $50k we can see lower prices again under $3
Please check out my other charts, share and enjoy an easier trade experience
merry xmas
ICPUSD accumulation soon?Seems like ICP might be entering an accumulation phase as long as it holds $30. Momentum is rising but with accumulation failing, the price might stabilize or correct a little. I believe a breakout over $60, holding it as support should bring it to a trajectory $200+
Overview of chart:
-Momentum flowing to the upside while price is stabilizing
-Might be at the end of Primary wave 2 between $34-$37, invalidation at $27
-Volume Profile PoC is of an intermediate impulse wave. It has confluence with a 0.618 fib retracement of Primary wave 1
-Minor bearish divergence with ADL (Accum/Distr. Line) seeing price stabilize but accumulation falling. Might result in a minor drop to ~$34 to hit the intermediate wave c target.
-Monthly S1 of CPR has confluence with wave C target
-Median line of fork held as support throughout the corrective wave. If broken, there is a stronger likelihood of impulse invalidation.
Double Your Investment Ideas : BNX/USDtBNX is currently standing at the point where it can be bounce anytime and we could make at least 2x return ...
DISCLAIMER : Invest with Safety and Risk Management . Invest with D.C.A ( Dollar Cost Averaging ) strategy so you Make better returns with Minimize Risk.
Learn D.C.A if you are not aware about it.
Good Luck !
Power of 2x .
$50 $100
$100 $200
$200 $400
$400 $800
$800 $1,600
$1,600 $3,200
$3,200 $6,400
$6,400 $12,800
$12,800 $25,600
$25,600 $51,200