Understandingcrypto

Understandingcrypto

How accurate is the hash ribbon indicator? It boasts a 93% accuracy rate. This indicator has only flashed its BUY signal near the top of a bull market once. Even then, the price still rallied by 58% before the bear market began. Note: We are using this indicator on the weekly timeframe, so there can be significant price volatility, including potential downside...

Understandingcrypto

i bought some OP here. please know that it can drop by another 23% but i dont care. if you care and you wanna buy the absolute bottom then dont buy and wait instead. for me though, i dont care that much when i know it will eventually go "op" . So i'm not gonna sit and wait. if it's all going to go to zero, then so be it! @everyone I keep funneling in. we will...

Understandingcrypto

As our business drops guess what dropped as well... The dollar. An interesting phenomenon to say the least. This shows that the drop is crypto specific! The US and the German gov't have been sending their BTC for the past couple of days to Coinbase possibly to dump. Not forgetting that bitcoin miners are under pressure right now as mining costs sits way above...

Understandingcrypto

As our business drops guess what dropped as well... The dollar. An interesting phenomenon to say the least. This shows that the drop is crypto specific! The US and the German gov't have been sending their BTC for the past couple of days to Coinbase possibly to dump. Not forgetting that bitcoin miners are under pressure right now as mining costs sits way above...

Understandingcrypto

My outlook for ALT|USDT I am actually on the camp that it has bottomed and will be headed for the targets above. The second measurement up is extended but the first is ideal and more certain. there'll be a likely retracement there. (so as a trade, thats the TP) SL should ideally be a daily close below the 0.28 zone (of which i will be surprised if it even goes...

Understandingcrypto

serious question folks. whats really coming for us? Cardano was my biggest gainer last cycle. Infact, i pretty much still leaving off my ada earnings up till now. anyways when we look at it's charts, it looks like it's at the same spot it was last cycle before lift off. Now, this is of course good BUT... my issue is, will this bull market just be short lived...

Understandingcrypto

In January of 2021 it took total market cap of altcoins 140 days to 8x. I am of the idea that we might be at the same level we were in 2021 which actually would mean that it comes early this time. So instead of the rally coming in early 2025, perhaps it happens earlier this time. This would mean that the biggest pain point this cycle will be investors missing...

Understandingcrypto

Someone in our community asked me yesterday if we're doomed. Here's what I think and why I believe we might exceed all expectations and soar even higher than we can imagine. It all comes down to USDT dominance. Looking at its chart, we can see that USDT-D has broken down from its long-term uptrend that has been ongoing since 2018. The problem with this is that...

Understandingcrypto

I firmly believe that memes will remain an integral part of the crypto world. While some may argue that all of them will eventually fade into obscurity and hold no value, examples like Dogecoin and Shiba Inu prove otherwise. Heck, it even appears that Pepe is here to stay too. I accurately predicted a 57x increase in Bonk's value nine months before its remarkable...

Understandingcrypto

There's a bullish divergence on ethereum's daily here. However, theres a likelihood of a drop to the 2.6-2.5 area. I would like to see eth hold that zone if it does drop there (will update in said event!). I was in an eth trade and now i put my stop to B.E (4hourly looks bit bearish for me) NOTE: I am overall bullish and i hope we go straight up from here. Just...