Hello and welcome to my in-depth Elliott wave Bitcoin technical analysis. Currently, it seems to me that we are in a 4th wave irregular flat correction. This means that the previous aggressive price movement was a bearish relief rally, and in the next month or more we should see bearish price action and consolidation. In an irregular flat correction, it is...
The chart is pretty self explanatory, we'll see how it plays out.
Uniswap is a great long term hold, in my opinion. Once optimistic rollups are finally used for Uniswap trades, I believe UNI will become the largest exchange in the world. The Ethereum DeFi ecosystem will one day have a >$1 trillion market cap. I expect Uniswap will eventually maintain over $100 billion in total value locked and market cap, which would be a 10x...
What do you all think of this? Personally, I am very bullish on this project. Good long term hold.
Seems like the earnings release tomorrow should be bullish. Hopefully we see a break through $7 resistance and hit $8.
Short term trade idea. However I also think this project has potential, depending on how DEX's continue to do.
Compared to how much and how quickly VGX has gone up in the past month, a 30% correction does not seem too drastic. Obviously, nobody knows what the short term market will bring, but I feel like some sideways action could be the most probable. I'm in for the long term with VGX, and will continue to buy.
TRADITIONAL NETWORK EFFECT - Overall utility = Application utility. When the number of network users increases, the utility to the user increases. TOKEN NETWORK EFFECT- Overall utility = Application utility + Financial utility. This creates a virtuous cycle of token appreciation (happy users) that draws in even more users. The KEY thing with voyager token is...
If this coin does what it says it's going to do, then it will go to $1, easy. If it doesn't, then hopefully the price can still reach $1 due to hype (similar to DOT).
I learned this from WyckoffMode, another trader on here. Let me know if this is incorrect.
Looks like a pretty good play to me. Going off of pure technicals here, idgaf about this coin emotionally, lol.
I'm liking what I'm seeing here
I see a lot of room to the upside here. Everyone else does too. I expect people to buy and for this to go up.
The daily and long term sentiment are providing promising numbers for BCH. This means that people are beginning to tweet more about Bitcoin Cash. This coin is blue-chip, blue-chip, blue-chip. I suspect a $1k Bitcoin Cash in the coming weeks. This coin and Litecoin can SOAR when they finally become available on PayPal and Venmo.
Judging by these parameters, there is a bit of a buzz around REP today (2/16) Speaking of prediction markets, PolkaMarket is a HUGE one to look out for. Definitely keeping my ear to the ground for that coin.
Congrats to my VGX holders, our coin held strong during the flash crash. Quick reasons why I like VGX - Voyager Digital is the only fully regulated crypto-only brokerage in the US - CEO Steve Ehrlich just raised $100 million - Around 8,000 new users join Voyager per day - Voyager just released their token loyalty program (will become active in about 60...
Apparently, MATIC (now polygon) has the potential to scale to millions of transactions per second. MATIC might be the best solution to ETH layer 2 scaling. Furthermore, as Ethereum finally scales, we can expect to see DEX tokens perform well (specifically UNI, AAVE, and COMP). I'm bullish on this coin long term. As of right now, MATIC market cap is $400...