ZEC / USDT (Zcash) | Will The Price Bounce Above The Triangle?ZEC / USDT (Zcash) | Will The Price Bounce Above The Triangle?
As all the other currency pairs Zcesh is still in the red areas given the fact that BTC is
still holding all the other currencies down very strong.
On the actual patter Zcash is creating a type of contracting triangle.
A breakdown of the price below 59.30 cash help it to move lower.
A break out of the price above the triangle will help the bulls to take again the price control.
Thank you and Good Luck!
Whitebit
📣Bitcoin | We Need A Bounce Above 21.8K📣Bitcoin
Price is still developing within the box.
Resistance is found near 21.8K and support is found near 20.8K
Bitcoin is finding it a bit difficult to move above it now but it is
developing good for the time being. It is an accumulation moment.
However, a movement above 21.8K will confirm the next bullish wave.
Targets on the chart!
Thank you and Good Luck!
WBT/USDT | WhiteBIT Token | The Birth of a New Crypto😀Finally, WhiteBIT Crypto Exchange released the WhiteBIT token (WBT).
WBT is a utility token of the largest European cryptocurrency exchange, WhiteBIT
These are very big events for all the brokers joining this new journey.
This is another dimension for the broker considering that they are used for different purposes within the broker.
One of the most important ones is that they improve all the services.
From the past experiences with the Tokens of the other brokers we have clearly seen that all of
them began the journey with a very small price and after that, they explode very strong.
Considering the crypto industry, in my personal opinion, the Tokens of the brokers are also the safest ones when it comes to security.
However, let's dive into some more details.
Key advantages:
Increased referral interest rate (up to 50%); decreased trading fees; free daily ERC-20/ETH withdrawals; free daily AML checks; integration with the current and future products of WhiteBIT and much more.
WBT tokenomics
The token supply is limited to 400 000 000 WBT, with no new tokens to be created in the future. 200M of this amount is treasury tokens that are backing the total amount and will be unlocked within the next three months after the launch.
Trading competitions, airdrops, bounties, beneficial holding programs, and access to the token from other exchange platforms are part of activities associated with the WBT cryptocurrency available on WhiteBIT.
Thank you and Good Luck!
BTC short term trade - Our bitcoin target is $22600Hello colleagues! 👋
The fight for the Bitcoin growth trend continues. Yesterday, August 24, at 19:00, buyers managed to update the local maximum and stop at $21,900. However, all the sellers were able to do after such brazen actions of the buyers was to adjust the price of BTC within 3 hours:
Something similar happened on the night of August 23-24,
Today is an important day for buyers to make the first push of Bitcoin to $22,650. This is the first mark from where sellers can continue the downtrend. However, in the current price range, the strength of sellers is clearly insufficient. Local attempts by sellers to slow down Bitcoin's growth could push BTCUSDT price into a local triangle:
The lower limit of this triangle is $21440. This level is essentially irrelevant in the global picture. However, this is now a local support point for buyers to confidently take control of $21600 (this mark is not yet under the control of buyers).
Therefore, in the short term, you can take a risk by buying BTC in the $21440 range with a target of $22,650. However, it is worth placing a short stop order (approximately $21,200).
More confident trades for growth should be taken after the first impulse of Bitcoin and a confident breakthrough of the $21,650 range.
Ethereum | A Short Term Perspective - The Merge Is ComingEthereum | A Short Term Perspective
Ethereum Developers have officially confirmed September 6 as the date
of Ethereum long anticipated transition from proof of work to proof of stake already
known as the Merge.
The merge will be split into two upgrades called Bellatrix and Paris.
Bellatrix is timed to occur on September 6 and Paris will be triggered sometime
between September 10 and September 20.
Technical Analysis:
Price already was accumulating bullish volume and the news above just pushed it more.
So for the short-term traders, the targets above are very reasonable as the price will be supported
but this news is a lot.
We should also know that everyone is waiting for the merger and its real effects.
Thank you and Good Luck!
SHIBA | Price Is Testing The Support Zone as ExpectedSHIBA | Price Is Testing The Support Zone as Expected
As we have discussed also earlier after Shiba reached the previous
targets from the previous analysis we were waiting for the price to move down again.
Now the price is testing the support area and it has the chances
to move up again.
The support zone is the old broken resistance were the price was stopped for a long time.
We can see the price to move up very soon.
Targets:
🎯 0.00001607
🎯 0.00001817
Thank you and Good Luck!
ADA | Cardano | Simple Range Trading StrategyADA | Cardano | Simple Range Trading Strategy
Price is testing again the lowest part of a historical structure.
The support area is giving us the possibility to join the bullish wave
that may come during the coming days.
PS: A price movement below the support area will invalidate this trading idea.
Targets on the chart!
Thank you and Good Luck!
XRP | Price Is Testing The Lower Support Again 🚀XRP | Price Is Testing The Lower Support Again 🚀
From the Ripple chart, we can see that the price is creating
a very nice "Ascending Channel" pattern.
Actually, the price is testing the lower part of the support area again
and the minimum price movement is expected to the "E" wave of the pattern.
XRP on the higher time frame has a very high-profit potential and that is
also my purpose for Ripple.
This is the best entry point for long-term investment and short-term trading opportunities.
Thank you and Good Luck!
BTC| Will The Price Increase Again After This Strong Sell-OFF?BTC| Will The Price Increase Again After This Strong Sell-OFF?
The market is getting very caotic today and by creating a lot of panic
in the crypto market.
Bitcoin made a very fast downward movement by decreasing its value
in with 4 days by -14.90% and only today by -5.5%
Technical Analysis:
Price is testing the lower support area that is holding the price right now.
The only scenario that can push the price up again now is that the support
area located close to 21000 - 21600 should hold.
However, this correction was on the cards but this time it happened very fast.
Probably this is the best time that we can see BTC to rise up again.
Thank you and Good Luck!
Ethereum | FOMC Created Useless Bearish Volume | Bulls Are BackEthereum | The FOMC created useless bearish volume | Bulls Are Back Again
Since the news of the merger was released, we have seen ETH build a
very strong bullish accumulation volume.
All the patterns we see on the chart are shown that day by day many
traders are trying to take advantage of this rare opportunity that will affect one of the crypto leaders.
Yesterday morning the price made a small bearish move and decrease the price by -7%
However, as we can see it was a useless movement for the bears to win more price territory.
Strong support was shown for the second time close to the support area of the previous pattern near 1820
a bit lower than 1857 that we had as a zone.
Now the price is showing bullish signs again.
Given that the pattern is still valid, the bullish move should continue.
Price analysis:
Price is actually testing the top of the pattern and I'm waiting
the price should be corrected up to 1852.00 as a maximum.
After that, the price should rise again.
Targets:
🎯 2143
🎯 2285
🎯2400
Thanks and good luck!
Bitcoin | What should you expect from BTC today?Bitcoin | What should you expect from BTC today?
Since the previous analysis that we are following BTC, we have seen it advancing
with small steps and big steps as well and all the time the pullback was big.
Nevertheless, the price is still holding the bullish volume and this is a good thing
for our trades.
Yesterday the price reached one of our support areas that I was expecting for the first
price reaction and we can see that BTC bounced up again after all the reversal area was tested.
Today we have also FOMC and I am not expecting anything big at all because the U.S didn't
recover only in 1 month. But yes they can speculate with the NFP data that came out good for the
previous month.
From the technical perspective, the price should move up again.
Thank you and Good Luck!
Solana | The Price Could Reach $53 Very SoonSolana | The Price Could Reach $53 Very Soon
Nevertheless, the attach that Solana had on August 2, we saw that
the price didn't move down at all.
An unknown actor has drained over 8,000 internet-connected wallets
in an ongoing attack on the Solana blockchain ecosystem.
However these situation was clarified later when the Elliptic chief scientist Tom Robinson told
that the root cause of the breach is still unclear, but “it appears to be due to a flaw in certain wallet software,
rather than in the solana blockchain itself.”
Price analysis:
Price is moving within a large "Ascending Channel" and it should increase more during the coming days.
For the moment the price is close to the lower part of the structure and it can bounce again.
We can see the price reaching $53 and probably higher in the coming days.
Thank you!
SHIBA Is Picking Up The Bullish Volume AgainSHIBA Is Picking Up The Bullish Volume Again
On the daily chart Shiba completed a bullish harmonic pattern
in the same area where the price was one year ago.
After the price tested the support area it bounced up again.
Since June 20 and until today the price look like it is accumulating
very large bullish volume.
The white box that I have pointed out is showing that the price is
moving there for a single reason...the next bullish movement.
Targets on the chart.
Thank you and Good Luck!
Ethereum |The Ethereum Merge Is Helping The Bulls a LotEthereum rally is helping the bulls a lot
Since the news of the merger was released, we have seen ETH build a
very strong bullish accumulation volume.
All the patterns we see on the chart are showing that day by day many
traders are trying to take advantage of this rare opportunity that will affect one of the crypto leaders.
Price analysis:
Price is actually testing the top of the pattern and I'm waiting
the price should be corrected up to 1852.00 as a maximum.
After that, the price should rise again.
Targets:
🎯 2143
🎯 2285
🎯2400
Thanks and good luck!
Bitcoin | The price is taking a clear directionBitcoin | A Complex Price Development
Since when the price tested 17.K the price has been in a correction for a
a long period of time.
We have seen new bullish volume to join bitcoin during this period of time, however
the price is still in the development process.
After, the price tested the lower part of the "BIG Wedge Pattern"
we can see the bullish movement that happened during the U.S CPI data.
Volume is still very strong.
It should continue moving higher again.
Thank you and Good Luck!
Bitcoin | A Complex Price DevelopmentBitcoin | A Complex Price Development
Since when the price tested 17.K the price has been in a correction for a
a long period of time.
We have seen new bullish volume to join bitcoin during this period of time, however
the price is still in the development process.
Actually, the price is testing the lower part of the "BIG Wedge Pattern"
and we can see any bullish movement from 22.7K as I explained yesterday
on the TradingView live stream.
I am expecting for the bullish volume to grow more these days.
So if you are long on this trade the stops should be below the bigger pattern or below 22.7K
Even if the price will move lower than 22.7K we can not suppose that It will keep moving down.
However, it is better to wait and see the new price development after that happens.
Thank you and Good Luck!
AAVEUSDT | Will The Price Drop Again?AAVEUSDT | Will The Price Drop Again?
After the price increased for some days and it reached a new high close to 109.20
we can see that it completed a very nice "Wedge Pattern"
Actually, the price is breaking down of the pattern and it looks like it can decrease more.
The chances are very high that we can see the price to test 88.60 very soon
Targets:
🎯 88.60
🎯 78.12
Thank you and Good Luck!
ETHEREUM | Will ETH Reach 2k - 2.2K Over This Month?ETHEREUM | Will ETH Reach 2k - 2.2K Over This Month?
In the bigger picture, Ethereum reached a very interesting price zone since mid-June-22.
This was the potential reversal area we were looking at during the previous analysis.
In fact, the price is developing many bullish patterns.
The probability is very high that the price will continue to rise after these bullish accumulation patterns.
I am considering this bullish move again because the price did the same before if we look at it from the bottom of the pattern.
Thanks and good luck!
Bitcoin | Another Bullish Perspective Ahead Of NFP Bitcoin | Another Bullish Perspective
During the last hours price tested a very interesting area located
between 21700- 22500.
Overall it is all as expected from the previous analysis.
Actually, the price will increase the chances for the next movement if
it will manage to break out above 23600.
Until that moment the price can stay in the correction again.
PS: Be careful as today is the U.S Nonfarm Payrolls
Targets on the chart!
Thank you and Good Luck!
LTC | Bullish Accumulation Is Getting StorngerLTC | Bullish Accumulation Is Getting Stornger
In Litecoin we can see that the price created 3 bullish patterns in a row.
This is a very good thing because this is showing that all the time that
price is making a new high and accumulation process begins after that
by creating high volume again.
If the price continues in this way we can see LTC to move beyond the targets that
I have placed on the chart
Thank you and Good Luck!
Bitcoin | Is Bitcoin About To Rise Again?Bitcoin | Is Bitcoin About To Rise Again?
As we can see from the chart after the price was tested the top of the pattern close
to 24K it reacted as expected.
This was one of the scenarios with a very high chance of happening.
From the technical perspective, we can not expect that the price should keep moving only
higher.
So this is a normal process where Bitcoin is accumulating bullish volume.
The potential reversal area is expected close to 22K
Thank you and Good Luck!
Previous Analysis 1:
Previous Analysis 2:
Previous Analysis 3:
XRP | A Crypto You Must Have In Your WalletXRP | A Crypto You Must Have In Your Wallet
XRP is doing very well lately.
The a by expanding their network in many countries.
The latest one is Singapore.
"Ripple, the leader in enterprise blockchain and crypto solutions, today announced a partnership
with Singapore-based major payments institution FOMO Pay, which will utilize Ripple’s
crypto-enabled enterprise technology to improve its cross-border treasury flows"
In March They signed also a contract with CIBC one of the largest Canadian banks.
Ripple's Technology to Be Used by Canadian Top Bank for Cross-Border Payments.
So why it is not worth to have a long term investment on Ripple:)
Thank you and Good Luck!
Bitcoin | Is Bitcoin About To Rise Again?Bitcoin | Is Bitcoin About To Rise Again?
As we can see from the chart after the price was tested the top of the pattern close
to 24K it reacted as expected.
This was one of the scenarios with a very high chance of happening.
From the technical perspective, we can not expect that the price should keep moving only
higher.
So this is a normal process where Bitcoin is accumulating bullish volume.
The potential reversal area is expected close to 22K
Thank you and Good Luck!
Previous Analysis_1:
Previous Analysis_2: