Crypto Signals

2021-05-17 17:29:01

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2021-05-17 11:39:21 Dogecoin Is a Better Replacement for Bitcoin: Elon Musk

Elon Musk is, once again, using his influence to push Dogecoin (DOGE) into the spotlight. Having cited concerns over the energy consumption and carbon footprint of the Bitcoin Network, Musk has proposed that Dogecoin is a more sustainable future cryptocurrency, given its environmental-friendly nature.

A few days ago, the outgoing billionaire revealed that he is working with Dogecoin developers to give the cryptocurrency a more efficient functionality. This revelation came after Tesla announced that it would halt Bitcoin payments for its vehicles. The electric vehicle manufacturer noted that it would prefer other cryptocurrencies that use less than 1% of Bitcoin’s energy consumption level.

Musk took to Twitter yesterday to highlight the goals he hopes for with the new improvements to Dogecoin. The...


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2021-05-17 00:38:33 Chainlink (LINK) Is Falling After a Rejection from the High of $44

Chainlink (LINK) Long-Term Analysis: Bullish

Chainlink is in a downward correction after its rejection from the high of $52. The altcoin fell to the low of $40 and resumed fluctuation between $41 and $48. The uptrend will resume if price breaks the high of $48. Today, the altcoin is falling and approaching the $41 support. The selling pressure will resume if the current support is breached. On May 10 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the LINK will rise to level 2.0 Fibonacci extension or the high of $75.15.

Chainlink (LINK) Indicator Analysis

Chainlink has fallen to level 51 of the Relative Strength Index period 14. It indicates that there is a balance between supply and demand. The 21-day SMA and 50-day SMA are...


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2021-05-16 19:00:03 GAIN CRYPTO SIGNALS PRO ACCESS

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2021-05-16 11:07:39 Bitcoin (BTC/USD) Dumps Lower Averaging the Support of $35,000

Bitcoin Price Prediction – May 16

The market valuation of BTC/USD goes under a falling pressure after losing momentum near underneath the resistance trading zone of $60,000. The crypto’s price now trades around the value of $49,466 with about a 5.44% increase.

BTC/USD Market

Key Levels:

Resistance levels: $55,000, $60,000, $65,000,

Support levels: $35,000, $30,000, $25,000

After a series of variant candlesticks characterized by higher lows underneath the resistance level of $60, a long bearish eventually emerged on May 12th day’s session. And, that later on led the market direction downward to average the support line of $35,000 on May 15. A formation of a bullish candlestick is in the making presently to suggest the crypto’s possibility of recovery soon. The 14-day SMA trend-line has a...


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2021-05-15 22:59:50

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2021-05-15 22:59:02 GAIN CRYPTO SIGNALS PRO ACCESS

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2021-05-14 21:04:45

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2021-05-14 20:58:26 Modified SL on BCHUSD got triggered. +443 pips Open / Comment

2021-05-14 20:57:06 Modified SL on ADAUSD got triggered. +450 pips Open / Comment