Ethereum made a great bounce from the support zone at $1700 but it's still in the range and we should wait for bullish confirmation.
In this case, it would be a daily close above daily EMA 100 which would be the start of the new phase of the uptrend.
We're still far from some strong uptrend and we need more time to build a strong basis to expect to see similar action we saw in Q1 2021.
In this case, it would be a daily close above daily EMA 100 which would be the start of the new phase of the uptrend.
We're still far from some strong uptrend and we need more time to build a strong basis to expect to see similar action we saw in Q1 2021.
The #Bitcoin inflation rate briefly fell to 0.71% on 27-June, the lowest level in history.
Blocks will be mined slower when large volumes of hash-power come off the network, and prior to the difficulty adjusting down (estimated to be -27.6% on 3-July).
We building the basis for the next phase of the uptrend 🔥
Blocks will be mined slower when large volumes of hash-power come off the network, and prior to the difficulty adjusting down (estimated to be -27.6% on 3-July).
We building the basis for the next phase of the uptrend 🔥
What to do when the market is getting less and less volatile?
1) Avoid high leveraged positions.
The reason for this is that you can not predict in which direction the market will go.
Even if you guess the direction, you may be stopped out before the market goes in your desired direction.
2) Avoid forcing trades
These are the times people feel bad for not taking any trades for days or even weeks.
It's part of the market cycle and you have to understand that these times will come sooner or later. If you don't have a setup, simply don't take a trade and that's it.
3) Wait for the trend to establish
Once we get the new trend. either up or down. that's the time you should start looking for setups and taking trades.
Hope this helps!
1) Avoid high leveraged positions.
The reason for this is that you can not predict in which direction the market will go.
Even if you guess the direction, you may be stopped out before the market goes in your desired direction.
2) Avoid forcing trades
These are the times people feel bad for not taking any trades for days or even weeks.
It's part of the market cycle and you have to understand that these times will come sooner or later. If you don't have a setup, simply don't take a trade and that's it.
3) Wait for the trend to establish
Once we get the new trend. either up or down. that's the time you should start looking for setups and taking trades.
Hope this helps!
Put the focus on the reason and make it more detailed not a word or two 😒
Crypto Signals via @vote
What's your opinion on DOGE/USD trading pair?
anonymous poll
I'm bearish – 116
👍👍👍👍👍👍👍 67%
I'm bullish – 57
👍👍👍 33%
👥 173 people voted so far.
anonymous poll
I'm bearish – 116
👍👍👍👍👍👍👍 67%
I'm bullish – 57
👍👍👍 33%
👥 173 people voted so far.
We can all agree that DOGE price was mostly impacted by Musk and his tweets.
But, if we look at the chart, we can see the potential for reaching $0.30 in the next few days.
We have no guarantee of that happening of course but the overall chart is looking good but we need close from this falling wedge that would confirm our forecast.
But, if we look at the chart, we can see the potential for reaching $0.30 in the next few days.
We have no guarantee of that happening of course but the overall chart is looking good but we need close from this falling wedge that would confirm our forecast.
The main part of the drop in my opinion is over but we're now in the process of accumulating for the next move.
It will take some time for sure but the most important thing right now is to expect the range so you don't lose money trying to catch some move that can happen but most likely there will be many fakeouts before the real one.
Scalping is suggested.
It will take some time for sure but the most important thing right now is to expect the range so you don't lose money trying to catch some move that can happen but most likely there will be many fakeouts before the real one.
Scalping is suggested.
Crypto Signals
DOT/USD looking good. It seems like it's breaking from this triangle and the target for this move up is $20. Good luck to those who decide to buy. If you want confirmation, it is a daily close above $17.
No confirmation, no move up 😑
Still in the accumulation phase for the next move.
Not that bullish as it was before but the solid chance for $20 is still there.
Still in the accumulation phase for the next move.
Not that bullish as it was before but the solid chance for $20 is still there.
Sideways market continues while the range is getting tighter more and more.
Stay patient, there’s no point to force a trade when there’s no setup.
Stay patient, there’s no point to force a trade when there’s no setup.
MATIC went through the huge hype in Q1 and half of Q2 this year and it's currently in a correction.
Buying this coin before the green zone would be definitely a FOMO move.
Even buying in that area would be more for short-term profit potential rather than holding for the long term cause I think long-term investors will be able to get this way cheaper.
Buying this coin before the green zone would be definitely a FOMO move.
Even buying in that area would be more for short-term profit potential rather than holding for the long term cause I think long-term investors will be able to get this way cheaper.
Crypto Signals
MATIC Technical Analysis I got a lot of questions about this coin so here's my opinion. This coin made an amazing performance in the first half of 2021 but it doesn't mean you should buy just because of that hoping that hopium will continue. On the chart…
Our opinion a month ago on MATIC
Bitcoin is creating a potentially bullish pattern, is it going to be actually bullish?
Falling wedge is by default bullish trading pattern but is it going to turn actually bullish?
We need $32 000 support to hold because if we get the test of the lower trendline of this falling wedge, the chances of it being bullish will decrease drastically.
Falling wedge is by default bullish trading pattern but is it going to turn actually bullish?
We need $32 000 support to hold because if we get the test of the lower trendline of this falling wedge, the chances of it being bullish will decrease drastically.
Crypto Signals via @vote
What's your opinion on Bitcoin?
anonymous poll
I'm bullish – 164
👍👍👍👍👍👍👍 42%
I'm bearish – 140
👍👍👍👍👍👍 36%
I have no idea – 88
👍👍👍👍 22%
👥 392 people voted so far.
anonymous poll
I'm bullish – 164
👍👍👍👍👍👍👍 42%
I'm bearish – 140
👍👍👍👍👍👍 36%
I have no idea – 88
👍👍👍👍 22%
👥 392 people voted so far.