Most of the time, it has been a sound advice to buy the rumor and sell the news, that is, buying an asset ahead of the news of one event which is bullish in nature, and selling the same asset immediately after the release of the news, when the market is still reacting bullishly with high volatility.But today, I’m going to stick my neck out and utter the Four Eternally Cursed Words of Finance. “It’s different this time.” We’re on the cusp of a highly anticipated catalyst that many will wrongly in
How to Know the AI Crypto to Buy - Pro & Post ETF 2024
There are 6 secrets to look out for before you invest in any AI Crypto project, before and after #etf to avoid rug pull because certainly it will happen. Before that, take note of these: all AI crypto projects are a momentary trend and a formidable evolution in the cryptocurrency landscape which is set to explode in this 2024. Some projects are already redefining the possibilities of what blockchain technology can achieve with the power of #ai Now, considering the current landscape and future po
Is bullish now and moving up fast. Join the train if you can. Look left to right, it just hit the trend line. Expect it to touch the trend line the second time before blowing up.
Bitcoin ETF is about to shock everyone. Here is what will happen – If it is approved; there is going to be a spike up and a crash down to the original price it spiked from, once the news of one approval takes place.When it crashed down, ask yourself, am I investing for the long term, if yes, do not sell your BTC, they will want to remove the weak hands from the market. Any sell-off you see won't last long.Bear in mind that the current major rally has been fueled by speculation or you can call it
3) Support and resistance. (Orange circles). Look from left to right. Price action confirms support on past resistance.
4) Strong positive divergence between price action and the oscillators.
5) The falling wedge is a reliable chart pattern for forecasting future targets. A measured move from the lowest to the highest touch points (blue circles) inside the wedge is taken to forecast future price action. From the breakout point the target is $3.
On the second image, is the 5-day chart of Gaussian Channel, it has switched to Green (look right end of slope). This has only happened once before in the history of price action on this OGN token. When it did, over 900% move printed over the next 8 weeks with the previous confirmations, expect something like that to happen.
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On the weekly chart price action has corrected 97% since September 2021. A number of reasons now exist to consider a long position. They include:
1) Price action and RSI resistance breakouts.
2) Support and resistance. Price action confirms support on past resistance (see arrow). Look left.
3) GRM support has already confirmed.
4) The falling wedge breakout and confirmation forecast a 5000% move from the breakout point. Forecast is measured from low to highest touchpoints within the wedge
#crypto2023 BTC/ USDT Under 1 day Technical Analysis:
Most expected #trading outcome for #bitcoin . #BTC will move towards 30250 Since it has crossed 27520 before the move upwards. Pivot - 25700 below - 25700, expect 23400 and 22040. #crypto
#crypto2023 XRP / USD Under 1 day Technical Analysis: Most expected #trading outcome for #XRP It will move towards 0.6229, 0.6597 Since it has crossed 0.5118 before the move, expect more. Pivot - 0.4632 below - 0.4632, expect 0.4013 and 0.3645. #crypto