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The latest Messages 2

2021-09-16 14:46:49
122 views11:46
Open / Comment
2021-09-16 14:06:54
SUSHI/USDT

SUSHI is trading at $15.1 (time of writing) with a 24-hour trading volume of $336,008,375, according to Tradingview. The price of SUSHI has decreased by 0.7% over the last 24 hours.

Based on the graph above, the chart displays a cup and handle pattern. The pattern represents a period of consolidation which might result in an immediate price breakout or breakdown. A breakdown from the lower trendline represents the start of a new bearish trend, while a breakout from the upper trendline shows the start of a new bullish trend.

A target of is $17.02 is on the table if we continue the bullish momentum, otherwise $12.659 is more likely.
118 views11:06
Open / Comment
2021-09-16 12:15:47
NEWS ZAP

El Salvador’s Chivo Bitcoin Wallet Crosses 500,000 Users


El Salvador’s digital bitcoin wallet Chivo has already hit half a million users, according to reports from local media. The country introduced the wallet on Sept 7.

Users receive $30 in bitcoin when they download the wallet for the first time as an incentive. As of Sept 7, the country had purchased 400 bitcoins for its coffers — which by all accounts is ambivalent in terms of its success.

El Salvador’s bitcoin integration is off to a somewhat rocky start, as there have been several protests against its adoption. Protests have come from both opposition forces and citizens — with the latter marching in the streets and even filing a lawsuit.

It’s unlikely that a large swathe of countries will follow El Salvador’s lead. Most governments are determined to release their own central bank digital currency (CBDC). Those that have accepted cryptocurrencies as an asset class have done so begrudgingly.
123 views09:15
Open / Comment
2021-09-15 23:24:57
63 views20:24
Open / Comment
2021-09-15 16:38:48
CAKE/USDT

An opportunity is coming for CAKE/USDT as its nears the next line of resistance at $24.48. The market may go up for a while but as you can see it didn't find much resistance at the $20.38 level which is also a strong daily support level.

The market has stepped over the range between $18.50-$20.38. The buyers are now backing up the price action and cake could explode in the days to come.

The buyers can come back into the market at around $19.97-$20.38. This is an area of strong demand to take note of.
203 views13:38
Open / Comment
2021-09-15 13:13:32 Binance Futures
#FTM/USDT Take-Profit target 2
Profit: 64.194%
Period: 13 Minutes
236 views10:13
Open / Comment
2021-09-15 13:13:32 Binance Futures
#FTM/USDT Take-Profit target 1
Profit: 57.0613%
Period: 13 Minutes
223 views10:13
Open / Comment
2021-09-14 19:16:47
BTC/USDT

On the daily timeframe we can see that Bitcoin is about to make a "GOLDEN CROSS". This is when the 50DMA crosses up above the 200DMA.

When we had the death cross on June the 19th we fell into a descending channel for weeks before any respite from the bears shorting the market.

Going off history we should be seeing a price rally towards the end of September as we cross up into full bull territory.
107 views16:16
Open / Comment
2021-09-14 12:10:34
A publicly traded company is purchasing and hodling as much Bitcoin as they can get their hands on for whatever price they can get it at. Microstrategy sees Bitcoin as the new unit of account, the new store of value for the new world where Crypto is king.
251 views09:10
Open / Comment
2021-09-13 21:30:03
ADA/USDT

Cardano has got to be one of the coins with the most speculation out there. Supporters of this token always chime on to how ADA will be worth $10 someday, while that may be true in the coming years we have to look at what the chart is telling us in the instant to get a better picture of the near-future.

On the daily timeframe ADA rejected off the $3.00 level, failing to form a daily close above it. This tells us that there are lots of sellers around $3.00 and unless we have a serious impulse move up with more buyers than sellers, we will remain under $3.00.

The plus side is that we have very good areas of liquidity around $2.20 to $2.70. The horizontal lines you see marked out on the right hand side of the chart denote possible levels that price may bounce up from if we come to challenge them in the coming days as BTC suffers from its corrective move.
1.1K views18:30
Open / Comment