Okay let's address the rumours floating around.
First, the case of matic token having a potential delisting and dump following some mishaps in the tokenomics and moving of vested finds from the team wallet.
There's two ways this will turn out, either it's a baseless accusation and the project will stick around to do wonders forgetting this event as a bad dream or well it's gonna be a nasty nasty short against MATIC. I'm somehow inclined to the latter.
First, the case of matic token having a potential delisting and dump following some mishaps in the tokenomics and moving of vested finds from the team wallet.
There's two ways this will turn out, either it's a baseless accusation and the project will stick around to do wonders forgetting this event as a bad dream or well it's gonna be a nasty nasty short against MATIC. I'm somehow inclined to the latter.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Here's a list of tokens I'm considering to buy and HOLD for a few weeks > ZEC > ENJ > ETC > RVN > WAVES Don't rush to buy them. Accumulate over every dip
Lookin back at each of these recommendations from last week, here are some charts for you to judge.
WAVES, ETC and ZEC blasted off fishing double digit growth while ENJ and RVN have showing small growth of about 5% each
For those who don't have a paid Tradingview and can only use 3 indicators from the free version can add this indicator. it will allow you to have the EMA 8, The MA 8, Bollinger Bands, Vwap, Ichimoku Clouds, Support and Resistance lines, TD Sequental all in one indicator. You can select what you want to be enabled or not so they all don't need to be on at once, this will bypass the 3 indicator restriction and you'll still be able to add 2 more indicators.
Bitcoin
It looks like the price has already broken out of the first minor resistance which is in align with the .382 fibonacci retracement level. Next touch must be around the upper minor resistance at the $9606 and the major one as the latest target for long position in short term which is around the golden pocket ($9800 - $9789).
Wait for update about the next possible altcoins to enter.
It looks like the price has already broken out of the first minor resistance which is in align with the .382 fibonacci retracement level. Next touch must be around the upper minor resistance at the $9606 and the major one as the latest target for long position in short term which is around the golden pocket ($9800 - $9789).
Wait for update about the next possible altcoins to enter.
Forwarded from ICO Drops - ICO News & Alerts
A few hours ago, BNB was ranked second in the CoinMarketCap DeFi tokens ranking.
But by now it has been removed.
https://coinmarketcap.com/defi/
But by now it has been removed.
https://coinmarketcap.com/defi/
Krypto Leaks
The Path to Binance Governance token. Finish burning all team tokens. Launch Binancechain with complete tools and sdk. BNB staking with all the top validators on it. Validators like Staked and Figment. BNB staking earns you BUSD. Estimated APR is around…
There you go, no way CZ gonna let this golden goose go away
One of our members shared a pretty interesting trade on
$ETHUSD
Short: 266
Stoploss: 272
Target 1: 254
Target 2: 250
Target 3: 245
https://www.tradingview.com/x/vwosqg6Z/
$ETHUSD
Short: 266
Stoploss: 272
Target 1: 254
Target 2: 250
Target 3: 245
https://www.tradingview.com/x/vwosqg6Z/
Forwarded from Cosima Research
BTCUSD - Intraday - We look to Buy at 9250 (stop at 9150)
Traded to the highest level in 4 weeks. We are trading at overbought extremes. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Bespoke support is located at 9345. Daily/Weekly Ichimoku Cloud support is seen at 9365. The previous swing high is located at 9351.
Our profit targets will be 9690 and 9800
Resistance: 9690 / 9800 / 10000
Support: 9350 / 9243 / 9200
Traded to the highest level in 4 weeks. We are trading at overbought extremes. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Bespoke support is located at 9345. Daily/Weekly Ichimoku Cloud support is seen at 9365. The previous swing high is located at 9351.
Our profit targets will be 9690 and 9800
Resistance: 9690 / 9800 / 10000
Support: 9350 / 9243 / 9200
https://twitter.com/HashedPlutus/status/1286661678881480706
Would greatly appreciate a comment and ♥️
Would greatly appreciate a comment and ♥️
Twitter
Hashed Plutus
Todays world is filled with middlemen. With DeFi, we can sideline those bench-warmers! Head to @OKEx now to trade your favourite governance tokens and dive into the world of decentralized finance! #OKExDeFi @Jayhao8 okex.com/join/1914037
Update in BTC Dominance and its impact on Altcoins
BTC Dominance is at 62.43% and made a kuch awaited pull back today, that is the reason we saw dips in the Altcoins rates.
BTC dominance is at Strong Support Level for now.
On weekly charts dominance is still bearish
So two scenarios can happen from here
1) we see a bit more of pull back in Dominance till 63.5 % and alts will fall more and rise later
2) or Dominance breaks 62% support and we see another round of bigger rallies in Altcoins.
Wait for today's weekly closure for a clearer picture.
Thanks
BTC Dominance is at 62.43% and made a kuch awaited pull back today, that is the reason we saw dips in the Altcoins rates.
BTC dominance is at Strong Support Level for now.
On weekly charts dominance is still bearish
So two scenarios can happen from here
1) we see a bit more of pull back in Dominance till 63.5 % and alts will fall more and rise later
2) or Dominance breaks 62% support and we see another round of bigger rallies in Altcoins.
Wait for today's weekly closure for a clearer picture.
Thanks
Bitcoin : Are you ready for the new cycle?
Happy Monday all, I hope we can start all over this week with a new spirit and a new good thing. Last weekend, we had a very bullish activity from crypto market especially bitcoin which is having its super bullish movement which made it to enter its crucial resistance zone and the psychological number of resistance.
Just like what we've known, the $10000 region has became a very crucial level for bitcoin. Several rejection in the past has proved that this region is a serious level that bitcoin needs to break in the future. Not just that, the psychological factor is having an important role in this level. This level is $10000 with 4 figures which based on the market's psychology it's a huge round number. Whenever most of the traders see the round number like this, there will be an extra cautious activity occurs. There will be an increase in fear and there will be a huge potential sell off as the effect of taking profit.
Currently, the price is entering the huge resistance zone at $10000 - $10500 region which moves in align with the resistance trend line zone as the benchmark of this down trend movement since 2017. This is however a huge resistance trend line that we need to give our respect for. Not too much trade and open positions needed. We just need an extra action for caution at this rate. 2 scenarios ahead is expected. Rejection toward this resistance trend line will leads the price to the blue support level as a potential free fall action. But, breaking out of this blue current resistance, will leads the price to higher region which is the white resistance region like what we've seen on the chart applied.
The criteria for bitcoin to start a new bullish cycle is that the price MUST breaks out of the $14000 region as the strongest resistance on this major pattern. The breaks above the $14000 level will forms a new higher high pattern in major cycle which will be the first time ever since the 2017.
Happy Monday all, I hope we can start all over this week with a new spirit and a new good thing. Last weekend, we had a very bullish activity from crypto market especially bitcoin which is having its super bullish movement which made it to enter its crucial resistance zone and the psychological number of resistance.
Just like what we've known, the $10000 region has became a very crucial level for bitcoin. Several rejection in the past has proved that this region is a serious level that bitcoin needs to break in the future. Not just that, the psychological factor is having an important role in this level. This level is $10000 with 4 figures which based on the market's psychology it's a huge round number. Whenever most of the traders see the round number like this, there will be an extra cautious activity occurs. There will be an increase in fear and there will be a huge potential sell off as the effect of taking profit.
Currently, the price is entering the huge resistance zone at $10000 - $10500 region which moves in align with the resistance trend line zone as the benchmark of this down trend movement since 2017. This is however a huge resistance trend line that we need to give our respect for. Not too much trade and open positions needed. We just need an extra action for caution at this rate. 2 scenarios ahead is expected. Rejection toward this resistance trend line will leads the price to the blue support level as a potential free fall action. But, breaking out of this blue current resistance, will leads the price to higher region which is the white resistance region like what we've seen on the chart applied.
The criteria for bitcoin to start a new bullish cycle is that the price MUST breaks out of the $14000 region as the strongest resistance on this major pattern. The breaks above the $14000 level will forms a new higher high pattern in major cycle which will be the first time ever since the 2017.