XRP Target $3 USD Short TERM MAY ScenarioThere has been some choppy waters with XRP lately but again this is nothing new. Its imperative to not DOUBLE TOP at $1.95 USD, hence our RED RESISTANCE LINE. Once we can SPIKE thru the Resistance of $1.95USD then we should continue our grind up to $3USD with relative ease. Expect a PULL BACK around $3USD, take some PROFITS then rebuy for another bag of XRP as we approach ATHs of $3.85USD. Expect Fierce Resistance or a simple SPIKE THRU the ATHs. Again it looks like this grind towards ATHs will happen without US based exchanges which is a problem for the $5USD target although we believe in our Crypto Boyz in EUROPE , ASIA & Latin America. So Be ready when we conquer All TIME HIGH Prices!
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BTC LONG Opportunity!BTC currently showing short term bearishness and price action weakness, for the bulls to regain enough bullish liquidity to test 59300 resistance region again, we need to see a dip down to our strong support zone at 51500 to 52525 region (white box) confluence with the 0.382 fib. So far we had repeated touches at the support line of 53000, the support confluence with 0.5 fib retracement. This likely means the soaking up of buyer strength over here, sooner or later we'd have a break down lower to find better support. So far, the 51525 line (previous resistance at the bottom ranging structure) has not been tested yet after the recent pump from the lows of 47000.
If however, btc bounces from our 0.618 fib and goes straight for the retest of resistance at our 0.786 (56500) level, it is likely that its going to be rejected again.
A good long entry would be catching at the 51500-52525
Target will be the next major resistances 56650 and 59000.
Stop loss at 50400, a little below the 0.382 confluence support zone.
LINK-USDT-UPDATE LOWER TF (Possible straight for ATH)Thank you for understanding as always and remember this is not financial advice!!👇👇🧐
Hello there, this is just an update as I believe we are seeing some bull-ish activity from CHAINLINK-USDT. 🐮👀
Target points, trend lines/fib projections and other indicators are placed in regards to what I personally see looking at this chart. Everyone approaches charts slightly different, which is why I always recommend looking at multiple viewpoints!! 😄
Let's see if we can break out of this wedge-seeming structure, and shoot for the moon creating a new ATH, or if we will follow down the short-term bear path from previous idea.🤏🐻
Long-term I have HIGH hopes for LINK as I went in depth on fundamentals in previous idea I will not detail here.🆗
Happy trading all! Trade safe!
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you for reading and trade safely!!!!
Jazerbay ☯
SCUSDT: Keep breaking new highsHello traders!
It looks like SC somehow managed to create a loop that keeps breaking new highs. The current formation is also the same as previous ones which means a new high is coming soon.
I started all the trendlines from 29 Jan which is the base of all trendlines. Every new high is the breakout of the base High + previous high's trendline. After making new high Market moves own in a correction form which can be seen very clearly. Once it breaks the correction it runs to Make a new high. In the current scenario, correction is already broken and it is heading towards a new high.
Don't forget to hit the like button and follow to stay connected.
ETH's correction WAS indeed OVER! @SmileyTradesHello Traders!
Happy to be sharing ANOTHER congratulatory post with whoever took this trade with me. It was definitely a great one and cheers to many more! See previous tagged post for accountability's sake ;)
As for the setup on this chart, it is hard to say that the pivots will hold but once we get a pullback to AT LEAST the 0.382 Fib level, then I'll feel more confident with the chosen pivots.
I'll have much more setups in the future to post, so stay tuned to the various chart outlets!
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
AAVE Moving SidewaysI couldn't help but notice AAVE has been forming sideways movement since its epic pump in early February. We've formed a descending triangle since February and we have not broke to the upside or the downside of this triangle. We've held a solid $300 base support level . If we don't break to the upside we will most likely keep on moving sideways above $300.
Just yesterday AAVE launched a liquidity mining program with the goal of increasing total value locked ( TVL ) attracting more investors to the AAVE lending protocol. AAVE is on track to becoming the dominant decentralized finance (DeFi) lending protocol behind compound finance but still has some way to go.
World renowned billionaire Mark Cuban is an AAVE whale making this one of his biggest alt-coin holdings. AAVE is 78% though it's circulating supply with roughly 3,511,954 more AAVE left to be mined. There's only max supply of 16 million AAVE tokens. Keep AAVE on your radar.
Much peace, love, health, and wealth.
DOGECOIN Must break resistance before testing the highs- Speculators have suffered losses from major profit-taking
- If speculators are to push this higher, they must break above resistance
- Hold for breakout
- Buy the retest
- Trade with caution as this market is driven by the major coins and speculators
VERY VOLATILE MARKET
XRP-USDT (RIPPLE) simple chart 🐼✌💹 LONG after consolidationGood day traders and investors!😃🖐
This simple chart was inspired by one of my friends here on trading view🐼. Above I have mapped out XRP's clear current cycle♻..
----We have seen 2 large impulsive waves⏫🌊, that increased price💲🤩 by almost 50 percent 5️⃣0️⃣ %, each time😳😱👏, followed by a correction and another impulse wave🌊.
I was already long 🆙, on XRP (Ripple), but now that Coinbase had it's IPO, and things are about to get wild im even more LONG on XRP. Let's go over some of the things that would make XRP a valuable digital asset to look into..⏬⏬
- Yesterday Ripple executives filed a notion to dismiss the SEC lawsuit that is currently giving them so much clout. The fact that they did this only gives them more clout🤴.
- XRP outperformed BTC by a landslide👏🏕, several times in the last few years
- More and more banks are adapting and wanting to get in on the RIPPLE money transfer system
(Old methods of transferring money, gold, etc., were very inefficient, costly, time consuming🕚👎, and overall a pain especially for country to country transfers..)
-XRP is fighting back the attacks from the SEC, this could be revolutionary for cryptocurrency and the whole defi world📱🖥🌎💲.
- XRP still has 50 Billion dollars to go before it's CMC (Coin market CAP) price is reached (good room for growth.)
If RIPPLE were to lose this case 😥, that would mean much less freedom🚫 for those involved in digital finances/property. I say property because at this point, it is clear to me that digital assets are NOT just a bubble🔵, that is going to burst⌛📌🎊. I just don't see that happening.
I think that with RIPPLE(XRP) being as valued as it is right now, is only getting started🤔..
This is all happening very fast, and I think we might just see XRP make it's way back up to it's previous ATH of $3.40, as numerous altcoins fly to new higher prices during this extreme revolutionary time for cryptocurrencies.
These are just some of the basic facts that make me believe that XRP is not even close to done on it's bull run. I would love to know what YOU think about XRP, and it's implication on the future of Defi 😄
🛑🛑🛑🛑🛑🛑This is NOT financial advice, BTC dropping could still GREATLY affect the price of this token🛑🛑🛑🛑🛑🛑🛑
Always keep a stop loss ✋🛑💲, when trading with large amounts of money. If we continue to see bearish behavior into late Thursday, this would be a very dangerous investment to make. If we truly are seeing a repeat pattern, we are looking for another upswing⏫ to approximately $2.2 before we see another correction/consolidation phase.
Thank you so much!
Any thoughts, good 👍, bad👎, happy😃, sad😥, in the comments greatly appreciated!
Jazerbay 💕
ADAUSD, MORE HIGHS :-)Hello all,
ADAUSD recently broke out of what looked to be a sideways pattern. I am a holder of ADA and have been for some time now. In the chart I show an area of interest for me based on daily fib and support where I am looking to add more longs.
I am a believer in ADA as with other high cap, mid cap and low cap alt coins and tokens and that is why my plan is to HODL so I am constantly looking for more longs (DCA) to broaden my portfolio. And since ADA looks as if it broke out, I am looking at more longs on retracement.
I am not a financial advisor, this is simply my opinion based on technical analysis and information I see and read. I wish the best of luck to everyone!
EOS/USDTEOS/USDT was moving in a downtrend but broke past it this month, since the breakout it surged pretty good but was rejected from the RESISTANCE ZONE. Another retest to the resistance zone is certain. All the lvls are mentioned in the chart.
DISCLAIMER :- I am not a Financial Advisor, this chart is shared for educational purposes only (DYOR).
BTC dominance pushback soon?!Bitcoin has been dominated recently by a huge influx of alt price increases while the price of BTC has steadied. However, it looks like a pushback is right around the corner in the next few days based on the current trends.
On the one hand, there is a horizontal parallel channel that has continued since the beginning of 2019 (blue dashed lines)!
On the other hand however, if support breaks, there is another parallel channel of roughly equal size that started in 2020 and solidified itself in 2021 (red dashed lines)!
It looks like both channels have a fairly solid chance of taking over, but since we are approaching their crossing, it looks like that bitcoin will take over in the short term.
This leaves me with two questions:
1. Will bitcoin take over in the in the relationship after the bounce for the next few months?
2. Will a short term bounce occur (and potentially continue) because BTC increases at a faster rate or due to a drop that takes every alt with it?
Please like if you agree and leave a comment with your thoughts/theories! It looks like we shall likely find out which way the trend heads over the next few days, but definitely something of which to be aware!
Dogecoin $DOGEUSDT PT .20 and higherDOGE Rides Crypto Wave to New All-Time High Prior to Coinbase Nasdaq Listing
Dogecoin doesn't trade on Coinbase but it has rallied ahead of the exchange's shares trading on the Nasdaq.
Apr 14, 2021 at 10:38 a.m. EDT
Dogecoin, the popular meme cryptocurrency created in 2013, rallied for two straight days to a new all-time high during early trading hours in the U.S. on Tuesday. This happened as bitcoin and ether also surged to new record prices on the same day that crypto exchange giant Coinbase started trading on Nasdaq.
At press time, dogecoin (DOGE, +44.46%) was changing hands at $0.13, up 68.0% in the past 24 hours, according to CoinDesk 20.
On Messari, dogecoin's market capitalization has also surpassed that of bitcoin cash (BCH, +14.77%) and chainlink (LINK, +15.93%), now being ranked as the 10th most valued cryptocurrency.
Messari's data also shows that there are 100 cryptocurrencies with at least $1 billion market capitalization, as the global crypto market now values at around $2.22 trillion.
The staggering gains across the crypto market came in the leadup to Coinbase's direct listing.
“The Coinbase hype within crypto, in terms of valuation and its domino effect on other markets” means Wednesday’s direct listing might become “a key catalyst event,” Singapore-based crypto quant firm QCP Capital wrote Monday on its Telegram channel.
Notably, at the time of writing, dogecoin is not listed on Coinbase.
The sudden price rise of dogecoin also came as Mark Cuban, the owner of the Dallas Mavericks, tweeted that the basketball team would not sell the dogecoin it receives from its consumers as payment for tickets and merchandise.
The NBA team started accepting dogecoin as a payment back in March.