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BTC - Strong Rejection Ahead ❗️Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 🗒 As per my last educational post (attached on the chart), we know that the bulls will take over if we break above the falling flag #4 📌 BTC is now approaching a strong rejection in orange: 1- Round number 30,000 2- Classic Support Zone Turned Resistance 3- Supply zone Hence we will be expecting the bears to take over around 30,000 for a correction before the bulls take full control again and break above it. For the bulls to take over from a Marco perspective , we need a break above 32,500 🏹 Which scenario do you think is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
15
The three most worthwhile potential coins to invest in in 2023Today, I will reveal what I think is the best cryptocurrency portfolio in 2023.I think this portfolio will be the best altcoin in 2023. 1.Arweave (AR) Arweave is a Blockchain-based decentralized platform that provides a permanent and tamper-proof data storage solution.It was launched in 2017 by a group of developers led by Sam Williams.The platform aims to solve the problem of data persistence by providing a cost-effective permanent data storage solution that is accessible to everyone. A key feature of Arweave is that it uses a new consensus mechanism called proof of access (PoA).This mechanism is designed to be more energy-efficient than traditional proof-of-work (PoW) or proof-of-stake (PoS) mechanisms, and also allows faster transaction times.The working principle of PoA is to require nodes to prove that they have stored a certain amount of data on the Arweave network in order to participate in the consensus process. Arweave also has a unique economic model designed to motivate data storage on the network.The platform uses a local cryptocurrency called AR to pay for storage.AR is also used to reward nodes that participate in the consensus process, which helps ensure the security and reliability of the network.As of March 2023, AR has a market capitalization of more than 1.5 billion US dollars. A significant use case of Arweave is the creation of a decentralized social media platform.Since the data stored on Arweave is permanent and immutable, it provides a feasible alternative to traditional centralized social media platforms that are vulnerable to censorship and data leakage. In short, Arweave is a blockchain-based platform that provides a cost-effective permanent data storage solution.Its unique consensus mechanism and economic model have helped it gain attention in the blockchain community, and have the potential to revolutionize the way we store and access data in the future. 2.Chainlink (LINK) Chainlink (LINK) is a decentralized oracle network designed to connect smart contracts to real-world data so that they can interact with the outside world in a safe and reliable way.Launched in 2017, Chainlink has quickly become one of the most popular blockchain projects, with a market capitalization of more than US10 billion as of March 2023. The idea behind Chainlink is to solve the trust problem in smart contracts.A smart contract is a self-executing program that runs on the blockchain and is designed to be executed automatically when certain conditions are met.However, these conditions are usually based on data outside the blockchain, such as stock prices or weather data.In order to ensure the accuracy and immutability of this data, smart contracts need to rely on oracles. The oracle is a third-party service that can provide the data required for the execution of smart contracts.However, these oracles can be centralized, which means they are vulnerable to manipulation or attack.Chainlink tries to solve this problem by creating a decentralized oracle network that can provide reliable and secure data for smart contracts. Chainlink works by connecting smart contracts to multiple nodes in its network.These nodes are operated by independent operators, who are motivated to provide accurate data by earning LINK tokens (the native cryptocurrency of the Chainlink network).When a smart contract needs data, it sends requests to multiple nodes in the network.The node then provides its own data, which is aggregated and verified by the Chainlink protocol to ensure accuracy and consistency. One of the key features of Chainlink is its ability to provide data from off-chain sources (such as APIs and Web services).This means that smart contracts can be connected to a wide range of data sources, including traditional financial markets, weather services, and social media platforms. Chainlink is also very popular in the field of decentralized finance (DeFi), it is used to provide reliable and secure price information for various DeFi protocols.This price information is essential to determine the value of various assets and execute transactions in the DeFi ecosystem. In addition to technical features, Chainlink also has a strong and active community of developers and supporters.The project is led by Sergey Nazarov and Steve Ellis, who have a long history in the field of blockchain and smart contracts.Chainlink has also established partnerships with many large companies, including Google, Oracle, and SWIFT, which has helped increase its visibility and adoption. In general, Chainlink is a promising project that aims to solve an important problem in the blockchain field.Its decentralized oracle network has the potential to revolutionize the way smart contracts interact with the outside world, and its growing ecosystem of developers and supporters shows that it will continue to be a major player in the blockchain industry in the coming years. 3.Uniswap(UNI) Uniswap is one of the most popular decentralized exchanges in the cryptocurrency market.Uniswap is a decentralized exchange (DEX) built on the Ethereum blockchain, allowing users to trade Ethereum-based tokens without the need for intermediaries or central institutions.It was created by Hayden Adams in November 2018 and has since become one of the most widely used DEX in the cryptocurrency space. The core of Uniswap is the use of an automatic market maker (AMM) system, which means it relies on a set of algorithms to determine the price of a given asset.This is in stark contrast to traditional centralized exchanges, which usually use order books to match buyers and sellers and determine asset prices. The Uniswap agreement has two main components: the liquidity pool and the Uniswap token (UNI).The liquidity pool is a place where users can deposit their tokens to provide liquidity to the exchange. In return, they can get a portion of the transaction fees generated by the platform.On the other hand, Uniswap tokens are used for governance and allow holders to vote on important decisions related to the agreement. As of March 2023, Uniswap has been rated as one of the top decentralized exchanges, and the market capitalization of UNI tokens exceeds US 10 billion, making it one of the top 25 cryptocurrencies by market capitalization. One of the main advantages of using Uniswap is its decentralized nature, which means that it will not be subject to the same risks as centralized exchanges, such as hacking or government intervention.In addition, since Uniswap is built on the Ethereum blockchain, it benefits from the security and reliability of the Ethereum network. Having said that, there are also some risks in using Uniswap.For example, the value of tokens held in the liquidity pool may fluctuate significantly depending on market conditions, which may cause liquidity providers to suffer losses.In addition, since Uniswap is a decentralized platform, there is no central authority to supervise the platform, which means that users need to be careful to avoid fraud. Overall, Uniswap is a powerful and popular decentralized exchange that provides a series of benefits for cryptocurrency traders and investors.However, as with any investment in the cryptocurrency space, it is important to conduct your own research and carefully consider the risks before investing. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
BITSTAMP:BTCUSDEducation
by Short-term-king
BTC - Inverse Head & Shoulders Activated 👌Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis , we know that BTC is still in an Accumulation in the shape of a potential inverse head and shoulders . 📉 As mentioned, for the the pattern to get activated, we need a break above the blue zone / neckline. This week, BTC broke above the neckline , so now we are expecting a bullish movement till the next resistance around 30,000 📌 30,000 is a strong round number, resistance and supply zone. So expect reaction there. For the bulls to take over from a MACRO perspective, we need a break above 32,000 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
34
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 17, 2023Technical Analysis and Outlook: With the completed downfall to our Completed Outer Coin Dip of $19,700 on March 10, the coin rebounded strongly to an Outer Coin Rally of $26,000 and $27,000, respectively, as shown on the Daily Chart Analysis Update For the Week of February 17. The current upside target is the Intermediate Outer Coin Rally of $29,200 and Outer Coin Rally of $30,000 - The Mean Res $31,700 might be possible this week. Once these completed rallies are verified and validated by Trade Selecter System, we will see the pullback to Mean Sup $26,200.
BITSTAMP:BTCUSD
by TradeSelecter
ETH - Wait For The Trigger 🔫 Analysis #33/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been stuck inside a range between 1500 support and 1700 resistance. Now ETH is sitting around 1700 - 1730 resistance zone. 🏹 For the bulls to take over, we need a momentum candle close above 1730 Meanwhile, if we break below 1650, a correction till 1500 support would be expected where we will be looking for new buy setups. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
31
March 16 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is down 1.35% over the last 24 hours and fell to an intraday low of $23,908.45. On March 14, the bulls managed to push Bitcoin above the key overhead resistance level of $25,250. However, the presence of a long wick on the candlestick suggests that the bears are not willing to give up. The 20-day exponential moving average, or EMA ($23,012), has started to turn up, and the relative strength index (RSI) is in the positive territory, suggesting that buyers have an edge in the market. If the price remains above $25,000, the BTC/USDT pair may have the potential to surge to $30,000. Today’s Cryptocurrency Headline Fidelity Crypto Investment Product Now Available to All Users Fidelity Digital Assets has recently made its crypto investment product, Fidelity Crypto, available to the general public. This move allows millions of users to trade Bitcoin and Ethereum on the platform without paying any commissions. The app was previously restricted to a waitlist. Now, new customers can create a Fidelity brokerage account during the setup process to gain access to Fidelity Crypto. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
EOS Sooner Or Later ⏰ Analysis #28/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EOS has been stuck inside a big range between the 1.0 support and 1.4 resistance. 🏹 If we retest the blue support again, we will be looking for buy setups on lower timeframes For the bulls to take over long-term , we need a daily candle close above 1.44 resistance. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
2
BTC Make or Break Zone ❗️ Analysis #26/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC is still struggling around the 25,000 resistance zone. Here is what I am waiting for: 📈 on DAILY: Left Chart For the bulls to remain in control / take over long-term, we need a Daily Candle Close above 25,000 📉 on H1: Right Chart Meanwhile, the 25,000 is still acting as a resistance zone. If we break below 24,000 then the bears will take over to start a correction till around 22,400 Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
31
DOGE Long-Term View 🔎 Analysis #24/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. DOGE has been been overall bearish trading inside the red falling channel . 🏹 For the bulls to take over long-term , we need a break above the upper red trendline and 0.09 resistance. Meanwhile, as we approach the blue support or green demand again, we will be looking for short-term buy setups 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
2
Total CapThe crypto market has seen tremendous growth in recent years, with an increasing number of individuals and businesses adopting cryptocurrencies as a viable alternative to traditional fiat currencies. This has led to a surge in demand for blockchain technology, as it provides the foundation for cryptocurrencies and enables secure and transparent transactions. One of the most promising applications of blockchain technology is in the field of decentralized finance (DeFi). DeFi is a financial system that is built on blockchain technology and is designed to provide users with greater financial autonomy and control. It enables users to access financial services without the need for intermediaries such as banks, and allows them to trade, borrow, and lend cryptocurrencies in a decentralized and secure manner. Moreover, the integration of artificial intelligence (AI) in the crypto industry is also on the rise. AI has the ability to process vast amounts of data quickly and accurately, and can be used to analyze market trends and make predictions about future market movements. This has the potential to revolutionize the way people invest in cryptocurrencies, enabling them to make more informed decisions and ultimately generate higher returns. Furthermore, the adoption of AI in the crypto industry has also led to the development of more sophisticated trading algorithms that can execute trades automatically based on predefined criteria. This has led to increased efficiency and accuracy in trading, as well as a reduction in the risk of human error. In conclusion, the expansion of the crypto market, the adoption of AI by the industry, and the advantages of DeFi are all exciting developments that have the potential to transform the way we think about finance and investing. With continued investment and development, we can look forward to a future where cryptocurrencies and blockchain technology play a central role in shaping the financial landscape, and where DeFi and AI enable greater financial autonomy and control for users all over the world.
CRYPTOCAP:TOTALLong
by SophiaAnderson
March13 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 9.55% over the last 24 hours and rose to an intraday high of $22,600.00. The largest cryptocurrency has rebounded above $22,000 after stablecoin issuer Circle announced the company will stand behind USDC and cover any shortfall using corporate resources, involving external capital if necessary. The rebound witnessed today has resulted in the relative strength index (RSI) returning to a neutral position, indicating a substantial decline in the short-term selling pressure. If the price maintains above $22,000, the BTC/USDT pair may reach $22,800. Today’s Cryptocurrency Headline SVB Draws Support From More Than 100 Investors and Venture Firms According to Bloomberg, more than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls to limit the fallout of the bank’s collapse and avoid a possible “extinction-level event” for tech companies. As of Saturday afternoon in San Francisco, about 125 venture firms including Sequoia Capital had signed on to the statement, spearheaded by venture firm General Catalyst, according to a person familiar with the matter. First released Friday by a smaller group of signatories, the statement called the events of the last two days “deeply disappointing and concerning,” and said that the investors would continue relationships with the institution if it were bought by another entity. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 10, 2023Technical Analysis and Outlook: The coin continued to downfall passed our Mean Supports of $21,500 and $20,476 this week to complete the Outer Coin Dip of $19,700. Once this completed knockdown is verified and validated by Trade Selecter System, we will see the rebound - the initial target of Mean Res of $20,900 with a possible extension to Mean Res of $22,500. The rally to Key Res of $25,000 and the Outer Coin Rally of $26,000 is postponed until further notice.
BITSTAMP:BTCUSD
by TradeSelecter
March 10 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is down 6.35% over the last 24 hours and fell to an intraday low of $20,042.72. The largest cryptocurrency plummeted today after the fallout from Silvergate Bank’s demise. The strong support at $21,350 was not able to hold the massive selling pressure, suggesting that bears are in command. The moving averages have completed a bearish crossover and the relative strength index (RSI) is in the oversold territory, indicating the market sentiment is negative. If the BTC/USDT pair drops below $20,000, the price may drop to $18,500. Today’s Cryptocurrency Headline Share of Crypto Startup Sold at Discounts on Secondary Markets Richard Freemanson, CEO of secondary market trading platform Birel, confirmed that shares in numerous private crypto startups are currently selling at significant discounts on Birel.io. These startups include Alchemy, Blockchain.com, Chainalysis, Kraken, ConsenSys, Blockdaemon, CoinDCX, and OpenSea. Block equity offerings by the above companies range in size from $3 million to $50 million, and discounts vary widely. Most notable were Blockchain.com and ConsenSys, who have shares on offer at discounts of 74% and 71%, respectively, to their latest funding rounds. Chainalysis shares are up for sale at a 61% discount, OpenSea stock is available at a 51% discount, and a CoinDCX block is listed at a 47% discount. The Alchemy, Blockdaemon and Kraken shares are discounted by 31%, 30% and 9%, respectively. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
BTC - Inverse Head & Shoulders 🍰 Analysis #10/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we know that BTC is still in an Accumulation in the shape of a potential inverse head and shoulders . 📉 As mentioned, for the right shoulder to start , we need a break below the last major low from H4 (in gray) Now since, we had that break, the next step would be rejecting the 18,000 previous major high and demand zone. But of course, we will not buy blindly there. Especially that this bearish movement now is driven by fundamental news. 📌As per my trading style: As BTC approaches the 18,000 zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
26