LIVECryptuyu
@Square-Creator-0f59a0b844ce
Day trader
Following
Followers
Liked
Shared
$XRP Analyse Updates for Long term investing and short term trading
It's been a long time since I checked the situation of XRP. So today we'll take a look at its near-term future and current situation.
For medium and long-term investment, we can see in the monthly chart (pic1)that XRP has just jumped out of the trend line and successfully completed the retracement.
Now it is on the eve of awakening. Of course, all market price movements will not rise in a straight line, but move forward in waves. After ups and downs, its price has the potential to return to around 1.32 USD, or even more boldly, its price may return to its peak, almost close to 2 US dollars. This process may take several months to achieve. So XRP currently has excellent potential. If there is no special event impact, XRP will be a very promising asset. This is good news for medium- and long-term investors.
Then let's take a look at short-term trading.
In the 15-minute chart(pic2), you can see that the price of XRP has bottomed out 2 hours ago, which is 0.5235 US dollars, and the market doesn't seem to want to go back there.
So for short-term trading, the price of XRP may move in the range between 0.5772 and 0.5407.
Now, it is challenging the current resistance price of 0.5348 US dollars, and now it exceeded successfully. So probably do long is better choice,target 0.54.
Finally, I hope my analysis can help everyone's own analyse.
Happy tradingđ
#XRPGoal #Xrpđ„đ„ #CryptoMarketMoves #Write2Earn!
It's been a long time since I checked the situation of XRP. So today we'll take a look at its near-term future and current situation.
For medium and long-term investment, we can see in the monthly chart (pic1)that XRP has just jumped out of the trend line and successfully completed the retracement.
Now it is on the eve of awakening. Of course, all market price movements will not rise in a straight line, but move forward in waves. After ups and downs, its price has the potential to return to around 1.32 USD, or even more boldly, its price may return to its peak, almost close to 2 US dollars. This process may take several months to achieve. So XRP currently has excellent potential. If there is no special event impact, XRP will be a very promising asset. This is good news for medium- and long-term investors.
Then let's take a look at short-term trading.
In the 15-minute chart(pic2), you can see that the price of XRP has bottomed out 2 hours ago, which is 0.5235 US dollars, and the market doesn't seem to want to go back there.
So for short-term trading, the price of XRP may move in the range between 0.5772 and 0.5407.
Now, it is challenging the current resistance price of 0.5348 US dollars, and now it exceeded successfully. So probably do long is better choice,target 0.54.
Finally, I hope my analysis can help everyone's own analyse.
Happy tradingđ
#XRPGoal #Xrpđ„đ„ #CryptoMarketMoves #Write2Earn!
The cryptomarket is affected by international political situation.
China's đšđł state-owned banks have established a $100 billion short đ position against the US đșđž dollar.
This also indirectly affects the crypto market.
Currently, 1 USD is worth 7.09 RMB.
The price of Bitcoin is about to reach 53k, and the price of Ethereum is about to reach 22k.
By the way, the recent market has been affected by the fluctuations in the international political situation.
As trader and invester, we want finance separated from politics, but in reality, they are one.
$BTC
$ETH
#BTCâ #ETHđ„đ„đ„đ„ #etherreum #BinanceBlockchainWeek #Write2Earn!
China's đšđł state-owned banks have established a $100 billion short đ position against the US đșđž dollar.
This also indirectly affects the crypto market.
Currently, 1 USD is worth 7.09 RMB.
The price of Bitcoin is about to reach 53k, and the price of Ethereum is about to reach 22k.
By the way, the recent market has been affected by the fluctuations in the international political situation.
As trader and invester, we want finance separated from politics, but in reality, they are one.
$BTC
$ETH
#BTCâ #ETHđ„đ„đ„đ„ #etherreum #BinanceBlockchainWeek #Write2Earn!
$BTC The reason you shouldn't panicking about BTC drop
The yellow line shows Blackrock BTC balance, and the black line shows the actual BTC price. You can clearly see that when Blackrock buys, BTC goes up, and when Blackrock balance is stable, BTC goes sideways.
Just guessing, from the chart it looks like a coincidence, Blackrock knows when to stop buying and when to start buying.
Retail and crypto investors start selling BTC out of FUD and fear, while Blackrock balance remains stable.
As long as Blackrock balance is solid and stable, there is no reason to panic.
#BTCâ #CryptoMarketMoves #Write2Earn!
The yellow line shows Blackrock BTC balance, and the black line shows the actual BTC price. You can clearly see that when Blackrock buys, BTC goes up, and when Blackrock balance is stable, BTC goes sideways.
Just guessing, from the chart it looks like a coincidence, Blackrock knows when to stop buying and when to start buying.
Retail and crypto investors start selling BTC out of FUD and fear, while Blackrock balance remains stable.
As long as Blackrock balance is solid and stable, there is no reason to panic.
#BTCâ #CryptoMarketMoves #Write2Earn!
đšCryptocurrencies as a whole are affected by stock market turmoil
The U.S. Department of Justice issued subpoenas to Nvidia and other companies, seeking evidence that the chipmaker violated antitrust laws, escalating its investigation into the main supplier of artificial intelligence processors. The move caused a sharp drop in the Nasdaq market, and more than $1.05 trillion evaporated from the U.S. stock market today.
This also led to a drop in the cryptocurrency market. $BTC fell to nearly $56,000 and $ETH fell below $2,400. In 4 hours, all positions were liquidated for $118 million, and long positions were $107 million.
#BTCâ #ETHđ„đ„đ„đ„ #Market_Update #CryptoMarketMoves #Write2Earn!
The U.S. Department of Justice issued subpoenas to Nvidia and other companies, seeking evidence that the chipmaker violated antitrust laws, escalating its investigation into the main supplier of artificial intelligence processors. The move caused a sharp drop in the Nasdaq market, and more than $1.05 trillion evaporated from the U.S. stock market today.
This also led to a drop in the cryptocurrency market. $BTC fell to nearly $56,000 and $ETH fell below $2,400. In 4 hours, all positions were liquidated for $118 million, and long positions were $107 million.
#BTCâ #ETHđ„đ„đ„đ„ #Market_Update #CryptoMarketMoves #Write2Earn!
All major coins are close to breakout from trendlines, 10-15% pump đ is expected once they breakout.
$BTC $ETH $SOL
#BTCâ #ETHđ„đ„đ„đ„ #solonapumping
$BTC $ETH $SOL
#BTCâ #ETHđ„đ„đ„đ„ #solonapumping
$BTC ïŒ$ETH ïŒ$SOL ïŒ $BNB, do they have a similar fate?
My friends, I just feel it is so weirdïŒfrom weekly chart, BTC(pic1), ETH(pic2), SOL(pic3) and BNB(pic4) has similar pattern, they all stuck in a channel for long time.
you will see ETH already dropped out from channel and now is recover.
How about others? will they perform the same?
#BTCâ #ETHđ„đ„đ„đ„ #solonapumping #BNBAnalysis #Write2Earn!
My friends, I just feel it is so weirdïŒfrom weekly chart, BTC(pic1), ETH(pic2), SOL(pic3) and BNB(pic4) has similar pattern, they all stuck in a channel for long time.
you will see ETH already dropped out from channel and now is recover.
How about others? will they perform the same?
#BTCâ #ETHđ„đ„đ„đ„ #solonapumping #BNBAnalysis #Write2Earn!
Cardano just launched "Chang" upgrade and $ADA analyse and prediction
ADA is ranked 11th on coinmarketcap. It is already a veteran of altcoins, with former Ethereum co-founder Charles Hoskinson launching the Cardano Layer-1 blockchain in 2017 after leaving Ethereum.
And just on this Sunday, it launched the "Chang" upgrade, marking a shift to decentralized governance for its entire ecosystem.
With the Chang upgrade live, ADA token holders will be able to shape the future of Cardano by electing governance representatives and voting on development proposals.
The transition to a decentralized structure brings Cardano more in line with the original spirit of decentralization in the blockchain industry, but they may also be seen as a way to avoid securities regulators by giving ADA additional utility.
This makes Cardano different from many other chains and can be said to be the first in a truly decentralized Layer 1.
$ADA analyse and prediction
The price of the cryptocurrency ADA did not soar due to this milestone event. The current price is $0.3278, down -3.22% in 24 hours.
However, let's take a look at its candlestick chart to see if it has potential.
In the monthly chart of ADA, I personally seem to see that it is about to form a "W" shape. It actually could be very good news. Because when it finish W shape, ADA's price is about 3USD. Dont you think that would be amazing?
But, there is small but, if the price of ADA will follow this "W" route, then the price of ADA may continue to go down first in order to form a W bottom, which is around 0.2338, and then, it may soar "thousands miles". đ
Just to be honest, this route may take many months to complete. I want to give it good wishes. Because it represents its huge potential and all investors and traders can profit from it.
Then let's take a look at the day chart, because this can really show the recent situation,help us trade better.
Now ADA has just popped down a little bit towards the support price of 0.3312. At this time, its direction is not very clear. I donât know whether it will bid farewell to this price or continue to go down to the nearest support price of 0.3182 below it, and then return.
I need more information, and this information will be told to us by the market.
What is ADA?
Finally, if some friends donât know ADA yet, I will quote the official website to introduce the ADA token:
Ada is the native token of Cardano
It is named after Ada Lovelace: she was a 19th-century mathematician, recognized as the first computer programmer, and the daughter of the poet Lord Byron.
Ada is a digital currency. Any user located anywhere in the world can use ada to exchange value securely - without the need for a third party to mediate the exchange. Every transaction is permanently, securely and transparently recorded on the Cardano blockchain.
Each ada holder also holds a stake in the Cardano network. Ada stored in the wallet can be delegated to a stake pool to receive rewards - participate in the successful operation of the network - or set up and run your own stake pool to increase the possibility of the pool receiving rewards. Over time, ada will also be available for various applications and services on the Cardano platform.
Okay, thatâs all for today, and Iâll talk to you about more potential tokens another day.
Happy trading to all!
#CardanoSurCardanoSurge #CryptoMarketMoves #CryptoNewss #ADABullish #Write2Earn!
And just on this Sunday, it launched the "Chang" upgrade, marking a shift to decentralized governance for its entire ecosystem.
With the Chang upgrade live, ADA token holders will be able to shape the future of Cardano by electing governance representatives and voting on development proposals.
The transition to a decentralized structure brings Cardano more in line with the original spirit of decentralization in the blockchain industry, but they may also be seen as a way to avoid securities regulators by giving ADA additional utility.
This makes Cardano different from many other chains and can be said to be the first in a truly decentralized Layer 1.
$ADA analyse and prediction
The price of the cryptocurrency ADA did not soar due to this milestone event. The current price is $0.3278, down -3.22% in 24 hours.
However, let's take a look at its candlestick chart to see if it has potential.
In the monthly chart of ADA, I personally seem to see that it is about to form a "W" shape. It actually could be very good news. Because when it finish W shape, ADA's price is about 3USD. Dont you think that would be amazing?
But, there is small but, if the price of ADA will follow this "W" route, then the price of ADA may continue to go down first in order to form a W bottom, which is around 0.2338, and then, it may soar "thousands miles". đ
Just to be honest, this route may take many months to complete. I want to give it good wishes. Because it represents its huge potential and all investors and traders can profit from it.
Then let's take a look at the day chart, because this can really show the recent situation,help us trade better.
Now ADA has just popped down a little bit towards the support price of 0.3312. At this time, its direction is not very clear. I donât know whether it will bid farewell to this price or continue to go down to the nearest support price of 0.3182 below it, and then return.
I need more information, and this information will be told to us by the market.
What is ADA?
Finally, if some friends donât know ADA yet, I will quote the official website to introduce the ADA token:
Ada is the native token of Cardano
It is named after Ada Lovelace: she was a 19th-century mathematician, recognized as the first computer programmer, and the daughter of the poet Lord Byron.
Ada is a digital currency. Any user located anywhere in the world can use ada to exchange value securely - without the need for a third party to mediate the exchange. Every transaction is permanently, securely and transparently recorded on the Cardano blockchain.
Each ada holder also holds a stake in the Cardano network. Ada stored in the wallet can be delegated to a stake pool to receive rewards - participate in the successful operation of the network - or set up and run your own stake pool to increase the possibility of the pool receiving rewards. Over time, ada will also be available for various applications and services on the Cardano platform.
Okay, thatâs all for today, and Iâll talk to you about more potential tokens another day.
Happy trading to all!
#CardanoSurCardanoSurge #CryptoMarketMoves #CryptoNewss #ADABullish #Write2Earn!
$NOT ïŒ$TON & $DOGS Analyse Updates
This morning, I was ecstatic to say that NOT might be able to regroup, but looking at the market situation 10 hours later, it is not optimistic now.
#NOTđ„đ„đ„
Please see that there is a blue diagonal line in the first chart(pic1). As long as the price can stand on this restraining diagonal line, NOT will be alive.
But at this moment, NOT has fallen below the restraining line, which is actually very worrying.
If NOT continues to fall to the next support point, about 0.005USDT. Then NOT will go through a long period of adjustment and silence.
Let's take a look at the second chart again(pic2), and we see a glimmer of hope. Below the restraining line, a long-legged red candle appears, which is likely to end the drop. The final result, that is, whether this timely reversal is true, if it is true, can it successfully send NOT out of the restraining line? Or does this candle just push it to consolidation ? We will know the final result in a few hours.
#TON
Let's take a look at TON(pic4) is also falling, and it has not fallen through yet. Looking at this chart, it is obvious that it is halfway down.
But it also shown a 40% chance of rebounding.
This also needs time to prove.
#DOGSONBINANCE DOGS (pic 4)
Let's take a look at the newly listed DOGS Memecoin under the TON chain. It has just been born and there is little information to see.However, what makes me feel positive is that the current price of DOGS is above the center of pink oscillation, so it is very likely to rise. But we still have to wait for the opportunity.
What opportunity are we waiting for?
Wait until it completely gets rid of the pink oscillation zone, and if its price is higher than the oscillation zone, then in the short term, the price of DOGS may rise.
Yes, we are traders and investers, 80% time are waiting.
At last,good luck to TON chain coins, I personally love them, wish them the best.
#BinanceSquareFamily #Write2Earn!
This morning, I was ecstatic to say that NOT might be able to regroup, but looking at the market situation 10 hours later, it is not optimistic now.
#NOTđ„đ„đ„
Please see that there is a blue diagonal line in the first chart(pic1). As long as the price can stand on this restraining diagonal line, NOT will be alive.
But at this moment, NOT has fallen below the restraining line, which is actually very worrying.
If NOT continues to fall to the next support point, about 0.005USDT. Then NOT will go through a long period of adjustment and silence.
Let's take a look at the second chart again(pic2), and we see a glimmer of hope. Below the restraining line, a long-legged red candle appears, which is likely to end the drop. The final result, that is, whether this timely reversal is true, if it is true, can it successfully send NOT out of the restraining line? Or does this candle just push it to consolidation ? We will know the final result in a few hours.
#TON
Let's take a look at TON(pic4) is also falling, and it has not fallen through yet. Looking at this chart, it is obvious that it is halfway down.
But it also shown a 40% chance of rebounding.
This also needs time to prove.
#DOGSONBINANCE DOGS (pic 4)
Let's take a look at the newly listed DOGS Memecoin under the TON chain. It has just been born and there is little information to see.However, what makes me feel positive is that the current price of DOGS is above the center of pink oscillation, so it is very likely to rise. But we still have to wait for the opportunity.
What opportunity are we waiting for?
Wait until it completely gets rid of the pink oscillation zone, and if its price is higher than the oscillation zone, then in the short term, the price of DOGS may rise.
Yes, we are traders and investers, 80% time are waiting.
At last,good luck to TON chain coins, I personally love them, wish them the best.
#BinanceSquareFamily #Write2Earn!
$BTC Updates 28th August
My dear friends, I have not looked at the charts for two days in a row while I am on the road. But I am concerned about BTC, as well as altcoins.
Let's take a quick look at the current situation of BTC.The lines I drew before have not changed, but are just adjusted according to the situation.
Looking at the 4-h chart(pic 1), BTC is still active inside the channel. It peaked at $65,000 on both August 24 and 26, but it did not stand firmly and strongly.Then, BTC went straight down, and immediately stopped at the "sponge pad" support value of about $58,000 mentioned many times in my previous posts. We should remember this important support price for this moment.
I feel in the very short term, BTC's activity range is very small, and it is likely to be active from about 58,000 to the recent peak of about 65,000, which means that there is a high probability that BTC will not rise above 65,000.
Then let's take a look at the 30-minute chart (pic2). After zooming in, we can see that BTC did not go straight up after the plunge, but formed a high-pressure buying and selling area like an open trumpet.
Here, another possibility arises. BTC may also fall again. It will first be supported by the 58,000 support price, forming another high buying and selling pressure in that price range, and then it may fall to the next support price point of around 55,500 US dollars.
Honestly, at this time, it is a very difficult time for BTC.
We retail traders and investors must definitely pay more attention to it.
#BTCâ #CryptoMarketMoves #BinanceBlockchainWeek #Write2Earn!
My dear friends, I have not looked at the charts for two days in a row while I am on the road. But I am concerned about BTC, as well as altcoins.
Let's take a quick look at the current situation of BTC.The lines I drew before have not changed, but are just adjusted according to the situation.
Looking at the 4-h chart(pic 1), BTC is still active inside the channel. It peaked at $65,000 on both August 24 and 26, but it did not stand firmly and strongly.Then, BTC went straight down, and immediately stopped at the "sponge pad" support value of about $58,000 mentioned many times in my previous posts. We should remember this important support price for this moment.
I feel in the very short term, BTC's activity range is very small, and it is likely to be active from about 58,000 to the recent peak of about 65,000, which means that there is a high probability that BTC will not rise above 65,000.
Then let's take a look at the 30-minute chart (pic2). After zooming in, we can see that BTC did not go straight up after the plunge, but formed a high-pressure buying and selling area like an open trumpet.
Here, another possibility arises. BTC may also fall again. It will first be supported by the 58,000 support price, forming another high buying and selling pressure in that price range, and then it may fall to the next support price point of around 55,500 US dollars.
Honestly, at this time, it is a very difficult time for BTC.
We retail traders and investors must definitely pay more attention to it.
#BTCâ #CryptoMarketMoves #BinanceBlockchainWeek #Write2Earn!
Token $RENDER Analyse
$RENDER performed very well today, so far it gain 11.69% growth.
Why does it perform so well? Come with me to see its potential and near-term direction.
In the first picture, we see that the futures price has been moving within the trend line, and it sprinted three times during May this year, all of which were successful. Now that the price of the currency is in front of the trend line, time is of the essence. It depends on whether this token can really break through the obstacles, and multiple trials are not ruled out.
If it can successfully break through the block, it has great potential. The increase may be 30% to 60% or even higher in about 2 to 3 months .
In the second chart, we zoom in to take a closer look at the activity near the resistance line, where buying and selling pressure is now forming a downward sloping flag shape. Then it has great potential to break through the blocking line, and we hope its backtest is successful. The results may be seen in about 6 to 12 hours.
I'm looking forward to its performance.
Finally, letâs understand the general direction of the companies behind the following tokens.
"The Render Network is the first decentralized GPU rendering platform, empowering artists to scale GPU rendering work on-demand to high performance GPU Nodes around the world. Through a blockchain marketplace for idle GPU compute, the network provides artists the ability to scale next generation rendering work at fractions of the cost and at orders of magnitude increases in speed when compared to the centralized GPU cloud."
So it is technology category token. let's see how it performs.
#RenderNetwork #rendertoken #CryptoMarketMoves #Write2Earn! #BinanceBlockchainWeek
$RENDER performed very well today, so far it gain 11.69% growth.
Why does it perform so well? Come with me to see its potential and near-term direction.
In the first picture, we see that the futures price has been moving within the trend line, and it sprinted three times during May this year, all of which were successful. Now that the price of the currency is in front of the trend line, time is of the essence. It depends on whether this token can really break through the obstacles, and multiple trials are not ruled out.
If it can successfully break through the block, it has great potential. The increase may be 30% to 60% or even higher in about 2 to 3 months .
In the second chart, we zoom in to take a closer look at the activity near the resistance line, where buying and selling pressure is now forming a downward sloping flag shape. Then it has great potential to break through the blocking line, and we hope its backtest is successful. The results may be seen in about 6 to 12 hours.
I'm looking forward to its performance.
Finally, letâs understand the general direction of the companies behind the following tokens.
"The Render Network is the first decentralized GPU rendering platform, empowering artists to scale GPU rendering work on-demand to high performance GPU Nodes around the world. Through a blockchain marketplace for idle GPU compute, the network provides artists the ability to scale next generation rendering work at fractions of the cost and at orders of magnitude increases in speed when compared to the centralized GPU cloud."
So it is technology category token. let's see how it performs.
#RenderNetwork #rendertoken #CryptoMarketMoves #Write2Earn! #BinanceBlockchainWeek
$SOL Analyse Updates
how is everyone?
Since yesterday, the market has been like a baby that has just recovered from an illness, and it has started to jump up.
BTC is doing better than I expected, but it will still be in the wedge channel for a while.
Let's take a look at SOL today.
First, I saw the 1-week chart(pic 1). SOL is trapped in a channel like BTC, but the good thing is that SOL is more positive. We are waiting for the day when it breaks through the channel. If it succeeds, it will achieve a leap.
So let's not talk about things too far away, let's continue to talk about the current situation. SOL is in the middle of the channel. This place is critical because it has many possibilities and may continue to rise or fall.
Let's take a look at the 1-hour chart of SOL(pic 2). Do you see the black line in the middle? That is about 50%. SOL is trying to stand proudly on this key support line. But it may take some time.
Finally, let's look at the 15-minute chart(pic 3). Sellers have entered and are fighting a price war with buyers. It is certain that the price of SOL will drop a little, but don't be disappointed, it is to go higher and further.
So, at this moment, it is a good opportunity to short. But, it is just now.The main line of SOL is may still rising.
I hope it will help your analysis. But every trader is not very sure, we only say the possibility.
The rest of the research still needs you to complete further according to your own trading style.
As usual, let's wait and see.
#Solana_Blockchain #solonapumping #BinanceSquareFamily #CryptoMarketMoves #Write2Earn!
how is everyone?
Since yesterday, the market has been like a baby that has just recovered from an illness, and it has started to jump up.
BTC is doing better than I expected, but it will still be in the wedge channel for a while.
Let's take a look at SOL today.
First, I saw the 1-week chart(pic 1). SOL is trapped in a channel like BTC, but the good thing is that SOL is more positive. We are waiting for the day when it breaks through the channel. If it succeeds, it will achieve a leap.
So let's not talk about things too far away, let's continue to talk about the current situation. SOL is in the middle of the channel. This place is critical because it has many possibilities and may continue to rise or fall.
Let's take a look at the 1-hour chart of SOL(pic 2). Do you see the black line in the middle? That is about 50%. SOL is trying to stand proudly on this key support line. But it may take some time.
Finally, let's look at the 15-minute chart(pic 3). Sellers have entered and are fighting a price war with buyers. It is certain that the price of SOL will drop a little, but don't be disappointed, it is to go higher and further.
So, at this moment, it is a good opportunity to short. But, it is just now.The main line of SOL is may still rising.
I hope it will help your analysis. But every trader is not very sure, we only say the possibility.
The rest of the research still needs you to complete further according to your own trading style.
As usual, let's wait and see.
#Solana_Blockchain #solonapumping #BinanceSquareFamily #CryptoMarketMoves #Write2Earn!
$BTC Analyse Updates 23rd August
From the 4-hour chart(pic1), BTC is still moving in the middle of the downward opening wedge. Now it has just emerged from the triangle formed by the buying and selling pressure.
Let's take a look at the 4-hour chart(pic 2). It is on the way up, and the resistance price of around 62750 has become a temporary challenge at this time. If BTC can break through this resistance value, then BTC will continue to climb in the short term, but the movement range is still in this channel.
Next, let's look at the 15-minute chart(pic 3). This is the third time that BTC has broken through the triangle resistance value of around 61100. It has successfully backtested and is now slowly and carefully breaking away from the "shackles" of the triangle.
đ°In the next near-term period, BTC has two possibilities for movement:
A, get rid of the shackles and start climbing, but please be careful of the resistance value of around 627500.
B, insufficient momentum, return to the triangle or coil around the triangle.
Give it some time, and it will show its final choice.
Remember to follow and like, and don't miss the daily trading analysis of the TOP5 tokens and the very potential altcoins.
#CryptoMarketMoves #BTCâ #BinanceBlockchainWeek #Write2Earn! #bitcoin
From the 4-hour chart(pic1), BTC is still moving in the middle of the downward opening wedge. Now it has just emerged from the triangle formed by the buying and selling pressure.
Let's take a look at the 4-hour chart(pic 2). It is on the way up, and the resistance price of around 62750 has become a temporary challenge at this time. If BTC can break through this resistance value, then BTC will continue to climb in the short term, but the movement range is still in this channel.
Next, let's look at the 15-minute chart(pic 3). This is the third time that BTC has broken through the triangle resistance value of around 61100. It has successfully backtested and is now slowly and carefully breaking away from the "shackles" of the triangle.
đ°In the next near-term period, BTC has two possibilities for movement:
A, get rid of the shackles and start climbing, but please be careful of the resistance value of around 627500.
B, insufficient momentum, return to the triangle or coil around the triangle.
Give it some time, and it will show its final choice.
Remember to follow and like, and don't miss the daily trading analysis of the TOP5 tokens and the very potential altcoins.
#CryptoMarketMoves #BTCâ #BinanceBlockchainWeek #Write2Earn! #bitcoin
$BTC new updates
It took BTC nearly three or four days to complete the possibility mentioned in my previous post regards BTC, that is, to bottom out around 57,700 and then return to the recent high, which is around 61,300. BTC has now successfully completed this journey.
Now returning to the chart, we see that the price of BTC is squeezed into a corner of a triangle, and the buying and selling pressure is getting more and more serious. It will eventually be unable to bear the pressure and choose to escape.
I guess that it may bottom out again at the support point of around 57,700. The worst case scenario is that it falls below that point, but it will be supported by the support level of 56,200 US dollars.
Let's see the results in the next few days.
#bitcoinâïž #Bitcoinâ #BTCâ #CryptoMarketMoves #Write2Earn!
It took BTC nearly three or four days to complete the possibility mentioned in my previous post regards BTC, that is, to bottom out around 57,700 and then return to the recent high, which is around 61,300. BTC has now successfully completed this journey.
Now returning to the chart, we see that the price of BTC is squeezed into a corner of a triangle, and the buying and selling pressure is getting more and more serious. It will eventually be unable to bear the pressure and choose to escape.
I guess that it may bottom out again at the support point of around 57,700. The worst case scenario is that it falls below that point, but it will be supported by the support level of 56,200 US dollars.
Let's see the results in the next few days.
#bitcoinâïž #Bitcoinâ #BTCâ #CryptoMarketMoves #Write2Earn!
$XLM updates
I am trading a very promising coin today, Stellar, ticker is #XLM.
I didn't pay much attention to it that much, but I accidentally saw its weekly chart(pic 1). This coin has just broken through the cage and shackles and completed the backtest.
Now it looks like it is resuming the upward period, so it may have some potential in the short and medium term.
Then we look at the 1-hour chart(pic 2), and I see a W shape. It wants to complete this pattern. This has become its current mission - to reach around 0.09822 and then go down maybe.
We also see an interesting red candle on the 5-minute chart(pic 3), with surprisingly large trading volume, which makes me more convinced that it wants to go to around 0.09822.
This morning was a good time to go long, and then let it complete its wish.
It may start the downward mode now, and the forecast may be around 0.09658.
It is also possible that it will break through 0.09822 and continue to climb higher.
let's see what will happen.
#XLM/USDT
#CryptoMarketMoves #Write2Earn!
I am trading a very promising coin today, Stellar, ticker is #XLM.
I didn't pay much attention to it that much, but I accidentally saw its weekly chart(pic 1). This coin has just broken through the cage and shackles and completed the backtest.
Now it looks like it is resuming the upward period, so it may have some potential in the short and medium term.
Then we look at the 1-hour chart(pic 2), and I see a W shape. It wants to complete this pattern. This has become its current mission - to reach around 0.09822 and then go down maybe.
We also see an interesting red candle on the 5-minute chart(pic 3), with surprisingly large trading volume, which makes me more convinced that it wants to go to around 0.09822.
This morning was a good time to go long, and then let it complete its wish.
It may start the downward mode now, and the forecast may be around 0.09658.
It is also possible that it will break through 0.09822 and continue to climb higher.
let's see what will happen.
#XLM/USDT
#CryptoMarketMoves #Write2Earn!
$SOL updates
We saw that SOL started to decline at 4:30 this morning, and it took 3 and a half hours to stop "bleeding".
Now buyers have entered and are fighting tenaciously with sellers. Buying pressure and selling pressure form a triangle âł that we often see. This is very critical moment, because we will soon see who will win and who will lose.
That is, SOL may have two possibilities, possibility A, a strong retracement to the price of 145 US dollars;
possibility B, continue to fall to around 140 US dollars, and then rebound to around 145 US dollars.
Which route do you think SOL will choose ?
#SolanaUSTD #solonapumping #Write2Earn!
We saw that SOL started to decline at 4:30 this morning, and it took 3 and a half hours to stop "bleeding".
Now buyers have entered and are fighting tenaciously with sellers. Buying pressure and selling pressure form a triangle âł that we often see. This is very critical moment, because we will soon see who will win and who will lose.
That is, SOL may have two possibilities, possibility A, a strong retracement to the price of 145 US dollars;
possibility B, continue to fall to around 140 US dollars, and then rebound to around 145 US dollars.
Which route do you think SOL will choose ?
#SolanaUSTD #solonapumping #Write2Earn!
$BTC Update đŻ
When I published this short analysis, I was referring to the market movement that may happen in BTC in the very near future. It may happen in couples of hours.
Let's look at the 1st picture. The pink "sponge pad" 57650 price zone is very powerful. It has blocked three consecutive declines in the recent period (I marked them with red Xs one by one). BTC was concerned about this price range,which near 57650 for this moment.
In the 2nd picture, let's look at two possibilities.
If BTC falls, it will be a little afraid of this position B.
At the time I look at the chart, BTC has an upward trend. It is very likely to re-touch the high point A not long ago, which is around 61,300 US dollars. let's see where it end up.
So, I wish you all happy trading.đŻ
#BTCâ #Write2Earn! #bitcoin
When I published this short analysis, I was referring to the market movement that may happen in BTC in the very near future. It may happen in couples of hours.
Let's look at the 1st picture. The pink "sponge pad" 57650 price zone is very powerful. It has blocked three consecutive declines in the recent period (I marked them with red Xs one by one). BTC was concerned about this price range,which near 57650 for this moment.
In the 2nd picture, let's look at two possibilities.
If BTC falls, it will be a little afraid of this position B.
At the time I look at the chart, BTC has an upward trend. It is very likely to re-touch the high point A not long ago, which is around 61,300 US dollars. let's see where it end up.
So, I wish you all happy trading.đŻ
#BTCâ #Write2Earn! #bitcoin
$XRP
I am trading XRP đ, I first thought it would go down. Then I saw a long tail red candle at the purple star, I felt strongly that xrp wanted to go up. So I went long there. The first small goal has been achieved.
When xrp successfully broke through the resistance trend line, I realized how much it wanted to go up, I went long again at the second purple star, now waiting for the result...see if I will succeed after a while.
#xrp #MarketDownturn #Write2Earn! #TradingShot
I am trading XRP đ, I first thought it would go down. Then I saw a long tail red candle at the purple star, I felt strongly that xrp wanted to go up. So I went long there. The first small goal has been achieved.
When xrp successfully broke through the resistance trend line, I realized how much it wanted to go up, I went long again at the second purple star, now waiting for the result...see if I will succeed after a while.
#xrp #MarketDownturn #Write2Earn! #TradingShot
$ETH updates
We have all experienced the dramatic fall of Eth not long ago.
Now, from the 4h chart, it seems to have decided to return to the channel. At this time, it is still moving forward cautiously, without too much momentum. It is very likely that it will fall to the edge of the channel around 2,400 US dollars to test whether there is strong support from the support line if it rises.
If the backtest is successful, it is likely to rise to the high point not long ago, around 3,300.
This is just a possible analysis at this stage. How the market will act is still to be revealed by the market itself.
As for BTC , I still think it may choose one of the three possibilities as I said in yesterday'spost .But everything cannot be said too absolutely, we respect the market.
#MarketDownturn #ETHđ„đ„đ„đ„
We have all experienced the dramatic fall of Eth not long ago.
Now, from the 4h chart, it seems to have decided to return to the channel. At this time, it is still moving forward cautiously, without too much momentum. It is very likely that it will fall to the edge of the channel around 2,400 US dollars to test whether there is strong support from the support line if it rises.
If the backtest is successful, it is likely to rise to the high point not long ago, around 3,300.
This is just a possible analysis at this stage. How the market will act is still to be revealed by the market itself.
As for BTC , I still think it may choose one of the three possibilities as I said in yesterday'spost .But everything cannot be said too absolutely, we respect the market.
#MarketDownturn #ETHđ„đ„đ„đ„
$BTC
BTC updates 14 Aug
How are you my crypto friends?
I haven't looked at the BTC chart for two days.
For very near future, I see in the 1-hour chart that it has just come out of a pipe, but is hovering at the lower edge of the pipe, and is reluctant to decide where to go.
I feel there are three possibilities.
Possibility 1, BTC falls out of the pipe and rebounds again near the "sponge pad" of $57,600 mentioned in my last post;
Possibility 2, BTC falls out of the pipe and rebounds near $55,300;
Possibility 3, BTC decides to return to the pipe and can rise to around $62,000 recently. This may be BTC's recent activity.
How do you think where it will end up?đ€
#BTCâ #MarketDownturn #Write2Earn!
BTC updates 14 Aug
How are you my crypto friends?
I haven't looked at the BTC chart for two days.
For very near future, I see in the 1-hour chart that it has just come out of a pipe, but is hovering at the lower edge of the pipe, and is reluctant to decide where to go.
I feel there are three possibilities.
Possibility 1, BTC falls out of the pipe and rebounds again near the "sponge pad" of $57,600 mentioned in my last post;
Possibility 2, BTC falls out of the pipe and rebounds near $55,300;
Possibility 3, BTC decides to return to the pipe and can rise to around $62,000 recently. This may be BTC's recent activity.
How do you think where it will end up?đ€
#BTCâ #MarketDownturn #Write2Earn!
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
Email / Phone number
Trending Topics
BinanceLaunchpoolHMSTR
525,633 views
650 Posts
Introducing Hamster Kombat (HMSTR) on Binance Launchpool and Super Earn!
Binance Announcement
4.4k Likes
89.9k views
GrayscaleXRPTrust
444,195 views
444 Posts
CPI_BTC_Watch
15.4M views
8,793 Posts
