CRYPTO TRADE TREND

2021-12-06 16:37:26 We are beginning to fail underneath 49K now. Price ranged throughout the night, and now has broken underneath all recent lows along with below the ascending set of higher lows. A rejection of this area followed by a continuation to the downside would put the next stop for price around 46.5K, but to be honest I rather she just crash lower and murder all the leveraged position traders at those prices.

So we can greedily buy more alts and small caps.

Looking at scaling into MANA, AXS, SAND, GALA, ENJ, WAX, and of course a little bit of ETH and SOL of course. Open / Comment

2021-12-05 12:33:36 #OnChain #Analysis
Bitcoin sets 75K as a 2 month target based on Leverage Ratio. Market cycle extending may be true!

Bitcoin's estimated leverage ratio dropped 22% in the last 24 hours. The last time we saw this was in Sept. when it dropped 24% and price touched 40K. What followed was a 74% BTC rally to the 69K all time high. If we have a similar rally in a similar timeframe we can expect a minimum target of 75K for Bitcoin towards the end of January 2022.

This supports the theory of the market cycle being extended as well as expecting prices to reach levels that inch closer to 100K and surpassing it within 2022.

At this point the biggest takeaway is that this market is looking very different than prior cycles. We've moved from fomo driven tops to what looks like sustainable growth while flushing leverage.

The fact is at a certain point the supply shock may get so bad that the only way to buy BTC may be bidding the prices so high that people are willing to sell. Open / Comment

2021-12-04 12:08:12 About $2.51B of Positions Gets Liquidated Due to BTC Drop Below $42,000

Due to the recent Bitcoin drop below $42,000 about $2.51B in longs and shorts was liquidated from the leading derivatives exchanges:
- $699M on Binance;
- $657M on OKEx ;
- $286M on Deribit;
- $227M on FTX;
- $200M on Huobi;
- $178M on Bitfinex:
- $136M on Bybit;
- $123M on BitMEX. Open / Comment

2021-12-01 15:41:27 Cardano passes the 20 million transaction mark without a single outage in 4 years

https://finbold.com/cardano-passes-the-20-million-transaction-mark-without-a-single-outage-in-4-years/ Open / Comment

2021-11-28 12:49:13 https://www.tradingview.com/x/PbyX2Fkl/

Bitcoin still approaching the 52K level, waiting for a test of that price with rejection. Hard to say what will happen long term but we will likely see at least some sort of bounce there. Open / Comment

2021-11-28 00:42:52 #BTC/USD

#Bitcoin got a long Red Candle yesterday by going down to 53500$ area which is a bearish sign to have another fall before recovering up. But we have a positive sign which is being close to our important trend line like September 22nd and 30th, just before BTC started another bullish wave that took it up by another ~66%.

The New COVID variant got the name Omicron. Friday closed with monster dumps everywhere. Long red candles in stocks and oil without a single hint of bulls presence. The weekend should bring a bullish bounce. Let see where we will close the weekly and monthly candles.

Resistances : 55000 - 56000 - 57255
Supports : 53700 - 52500 - 50500

https://www.tradingview.com/x/Aj53j7cy/ Open / Comment

2021-11-26 09:32:16 ASSET: #SPI/USDT #KuCoin
BUY : (50% 40)(50% 34)
ORDER TYPE: MARKET
TARGET 1 : 45
TARGET 2 : 50
TARGET 3 : 55
SL: HOLD MIDTERM

https://www.tradingview.com/x/QO9nkYFX Open / Comment

2021-11-09 11:13:59 new ฿ all time high: $68,524
new Ξ all time high: $4,838 Open / Comment

2021-11-09 09:53:45 #Binance will support the Bitcoin (BTC) Taproot upgrade.
At Bitcoin mainnet block height of 709,632, or approximately on 2021-11-14 (UTC), the Bitcoin (BTC) network will undergo a soft fork named Taproot upgrade, which aims to improve the network’s privacy, efficiency and smart contracts capability. Open / Comment

2021-11-02 19:58:13 Ethereum Update

Ethereum Hits New All-Time High Amid Surging Hashrate.

https://decrypt.co/85056/ethereum-hits-new-all-time-high-amid-surging-hashrate Open / Comment