Hello friends. I saw a Strong Trendline Breakdown in Gold and Decide to share with you my opinion. I think Gold is in Overbought Area and It will record some correction in coming days. So i have some reasons for my opinion: 1-In Daily chart we can see a strong Bearish Engulfing candle (as you see in picture below) 2-in Daily chart we can see a Divergence...
Hello friends Today im going to show you a good reason for next Bullrun in Bitcoin. Pi cycle includes 2 Moving Average: One Long MA and One Short MA. when we devide this 2 MA the result equals PI number (around 3.15) The best Long MA is 471 DAY and the best Short MA is 150 DAY. I illustrate them in BLX chart and yo see the last 2 times that Pi cycle Bottom works...
Hi friends Today im going to explain about the relationship between Sunspot Numbers and Inflation rate from 1960 to now. so lets start with inventor of this theory : William Stanley Jevons's In 1875 and 1878 Jevons read two papers before the British Association which expounded his famous "sunspot theory" of the business cycle. Digging through mountains of...
Hello guys thanks god for being live to create another post for you dears Today i will explaine what happen after Ethereum merge upgrade? and im going to summarize about each step. Ethereum Merged successfully on Sept15 but more upgrades are coming to the network. Shanghai update , The Surge, the Verge, the Purge, and Splurge are up next. Lets see what we...
Hello everybody. Today i will explain What is Layer Zero Blockchains and How it work and whats the difference betweem L1 and L0 ? Lets go... First take a look at The Scalability Trilemma : the scalability trilemma is a series of trade-offs between decentralization, speed/scalability, and security that one must make when designing a blockchain and constructing...
Hello everyone. today im going to show you an ending correction pattern i seen in BTC chart. as you can see in my chart , an excellent Elliot triangle shaping. with ABC branches and longer C wave. according to triangle rules maybe this pattern ends with a little triangle too as i iilustrate in my chart with White color. after that its important where the price...
Hello friends. today i'd like to analyze gold in daily and 4H charts. lets take a look in daily timeframe we saw a breakout from an old decending channel. this is the first positive point for bull run according to TA. The price record 3 BGD candles in recent week and this is the second + point. now price reach a resistance level in 1770 and 38.2% fibonacci...
Hello guys. hope you are good today im going to explain a few about the reasons MATIC skyrocketing these days. i look this happenings in 2 sides: first Fundamental News and second Technically. lets go... "On Monday, deltaDAO, a data economy solutions company, launched its Gaia-X Web3 Ecosystem network upgrade based on Polygon Supernet. The Polygon team said the...
Hello friends. after 1 week Rally , Etherum Reach its important resistance level , Near 1700. i see a reaction to Trendline , pink line i drawn on the chart. also MA200 is here too... so i think ETH will fall to at least 1450 , where there are 1450 support level and 50% fibonacci retracement level. if the situation is permanent , Price will bounce from this level...
Hello friends. i saw a big and bad shape marobuzu candle. did you see it? we back under MA55 and after a pullback to it (22100 level) i think we should preapre to breakdown 20500 level and go toward 19000 again. please control your Risks. Protect from capital is the first step for any trader and investor. be patience... we dont have good economic conditions. and...
Hi all. lets take a look at CHZ altcoin. according to its growing platform and awsome plans for FIFA World Cup 2020 Qatar. lets analyze it with Elliot waves: CHZ starts an impulsive wave from 18 june 2020 and after end its 1st and 3rd wave its near the end of wave 4th and will start the last 5th wave in coming days. like you can see in my chart we are completing...
Hello guys. i think i saw a good bullish divergence in RSI and price in 4H time frame. What do you think about that? is this a pullback to 20000 level?? Share me your opinion thanks
Hi friends. Lets take a look at this incredible Altcoin and the coming upgrade KAVA 11 ! KAVA is a safe and scalable Layer 1 network and ecosystem built with the Cosmos SDK. Kava Network announced on Twitter that Kava Liquid Staking would begin on September 8th with Kava 11. It aims to help mainstream people see the value of DeFi by offering a trustworthy home...
Hi friends. Unfortunately we have bad times in iran and im so sorry about that. i couldnt post any analysis for 2 weeks and i hope you accept my excuse. God bless all IRANs people. As you can see i think we have a strong Resistance level approch. and also a valid trend line. this Resistance level overlap with trend line and after going up to around 1680 the price...
Hi guys. I saw a Descendig Triangle and i think the power of BULLS decreasing. so price forms LH (Lower Highs) and supports 4 times from 18200. but the buyers cant keep going up. i think with this Political and Economic situations the sellers win finally. the first target after breaking 18200 support is 17700. after that we will see what happen... PLZ share me...
Hello friends. I think after a bearish short cycle its time for some correction. according to my chart you can see we have a major high to major low Trendline and price surpass the parallel line of this trendline. it shows that maybe a temporary bullish run is in sight. so first target is 1678 and after that we shuold look for amount of demand or supply. i think...
Hi Friends Today we will explain the option contracts affect on crypto and other markets. First lets see whats an option contract? Options are derivative contracts that entitle the purchaser to buy or sell the connected asset at a predetermined price before the contract expires. There are two types of options , call and put. The right to buy is known as a ‘call’...
Hello friends. Today im going to tell you some details about EOSIO Mandel 3.1 hardfork. without wasting time lets go... First lets see what is EOS Network? The EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions;...