This token is tied to the first AMM on L1 of Bitcoin. It is currently still in testnet (the mainnet should go online this week) but, considering the technological impact of this solution and the BTC etf now in its final throes (which will turn the spotlight on layer 2 ordinals), it could be a great investment at a derisory price
After a massive pump it's time for a short term retracement on TIA. On the 4h chart there is a bearish divergence - I place in the chart my three entry points in the short term. The green rectangle represents a good support zone, so I do not expect it to go below that price at the moment
Bitcoin looks ready for a new drop, the bullish market is still far away. Currently it seems to have retested on the ascending channel, I expect a consistent drop in the medium term
From this simple analysis we can see that Bitcoin is going to test long-term resistance (end of 2017) and we could witness a possible false brake out in progress with a fast post halving price drop, when the hype on this asset will reabsorb. Some advice?
In this bitcoin retracement it will be possible to see the creation of such a structure. Possible formation of a Head and Shoulders pattern with a possible exit target of 5499 euros.
I see RDD go around 41-42 satoshi with a bullish cypher pattern. ENTRY ZONE: 40-42 Sats SELL TARGETS: TARGET 1: 47-50 sats TARGET 2: 63-66 sats TARGET 3: 80-83 sats After the third sell zone a bearish Gartley pattern may be formed with the target 20-18 sats
Possible scenario for TRX (testnet launch on 31 March)
My trading Idea for BTC
1 Scenario - BTC break the resistance at the level 8059 and 8216 and go to te next resistance level (8542) with the first impulse wave 2 Scenario - BTC break the resistance of the triangle pattern but go down at the level 8216 with the resistance of the channel. If this scenario should come true BTC go back to 7100 level.
In my vision for next month ETH reach 1000 euro target with a 200% pump.
Reversal head and shoulder formation on BTC, next taget 9900
Cup and Handle formation with a possible profit of 37% very soon.
My trading idea for next days on ETCBTC. Possible formation of ascending triangle
In the next few days TRX could come out of the pennant pattern, go for a bullish run and hit the target (76% profit) with a possible formation of a reversal head and shoulders pattern.
Possible scenario for ETC-BTC