• August 13, 2024, 12:28 pm
• August 13, 2024, 12:28 pm
• August 13, 2024, 8:28 am
• August 12, 2024, 9:50 pm
• August 12, 2024, 8:13 pm
Showing posts with label Chart. Show all posts
Showing posts with label Chart. Show all posts
Tuesday, August 13, 2024
Sunday, August 11, 2024
August 11, 2024 at 07:40AM ALTCOINS that may Actually HAVE A FUTURE Beyond 2024
ALTCOINS that may Actually HAVE A FUTURE Beyond 2024
Market Cap ETH, $ CRYPTOCAP:ETH
I remember the good 'ol days, when the amount of options you had was limited to one hand.
First there was Bitcoin. Then came ETH, LTC, XRP and BCH (Bitcoin Cash). And a few other's later came like Bitcoin Gold and CRV. But oh man, were those the days. Crypto felt oddly "safer" back then, despite mt gox and pyramid schemes running rampant. Because today - the enemy is actually in the camp...
New alts are being released every hour (probably more) and it's just the one airdrop to the next rug. Lot's of progress has been made in this space which is blockchain, but we're still not really seeing the original promise of Bitcoin being fulfilled (fast and affordable cross border payments, ) amongst others.
Today, it has become close to impossible to separate the crop from the cream in terms of coin accumulation. If you bought BTC two years ago, or ETH, or LTC - you'd currently be in profit. However, some alts don't even exist for a month after release date never the less a year or more.
So let's talk about which altcoins I believe have a future FOR SURE. Remember that this is a highly debatable point; but I am going to point out the few that I believe will survive (at least past year and possibly beyond).
👉1) Bitcoin 
BTCUSD
Bitcoin is not an altcoin, it is the original crypto. The KING. The first commandment and promise of a fair, open and transparent future on the blockchain. BTC's price may be overvalued occasionally, but it will always have the benefit of being first. And with so many institutional investors, I think it's a safe play for the foreseeable future.
👉 2) Ethereum 
ETHUSD
King of the alts, first of it's kind. Ethereum is the world's first smart contract platforms which remains the most popular choice among developers even today. Following Bitcoin's decentralized concept, Ethereum has become a leader in smart contract platforms and dApps. Eth is here to stay.
👉 3) Solana 
SOLUSDT
Competitor now to Ethereum, SOL has previously surpassed ETH (not in price). With over 95 million transactions daily, Solana has become the fastest blockchain and recently surpassed Ethereum in Total Economic Value. Many devs prefer Solana, and I believe it will stick around for the foreseeable future.
👉4) Dogecoin 
DOGE
I hate how dependent Doge is on Elon Musk. But, for some reason, Mr Musk has a fascination with Doge and has promised many times to include it as a payment option on X (formerly Twitter). Even though it seems like a pie in the sky, something like that would significantly increase the value of Doge. I don't see it as a "forever" coin, but definitely on the list.
I think a key point to note here, is that back then, they (the founders) were doing something revolutionary. They were and are the titans of the industry. Today, anyone with GPT can create a functioning alt that "serves a purpose" or has "fundamental use case" in some way. It's true that AI is revolutionary, and I am very bullish on the concept of AI and the promise of automation for human kind. But this far, it hasn't been profitable, yet.
OpenAI makes losses and cryptoai is just leveraging off the larger AI, or the concept thereof... Sure, there are privately trained models, but at the current moment it takes a tremendous amount of resources (time, money, physical space) to do DL or Machine Learning, which if OpenAI cant make profitable... then neither can the cryptoai created by john, steve and bob.
10 Other ALTS that will probably make it past this year:
1) Shiba Inu (because people love it) 
SHIBUSDT
2) XRP (because many can't let go) 
XRPUSDT
3) Cardano (because it has a cult following) 
ADAUSDT
4) BNB (Binance supporters maybe?) 
BNB
5) Chainlink (because oddly enough it's survived for this long) 
LINKUSDT
6) Kaspa (potentially a revolutionary alt) 
KASUSDT
7) Render (potentially an ai winner) 
RNDRUSDT
8) Monero (still the best privacy coin) 
XMRUSD
9) Sei (potentially a revolutionary alt) 
SEIUSDT
10) Aave (still the best for borrowing and lending) 
AAVEUSD
Don't miss the message here - you can still TRADE altcoins. There are good trading opportunities
and setups even for the worst alts. I know this because we trade them daily. But this post is not about trading opportunities - it's about the future, potentially the far future. Who will likely survive and why. Alts that may be worth accumulating an that probably won't rug in a month's time.
I hope you can take it for what it is intended to be!
________________________________
August 11, 2024 at 06:43AM SHIB swing LONG idea
SHIB swing LONG idea
SHIB / TetherUS BINANCE:SHIBUSDT
So as we swept a key low as high liquidity area, price showed great purge and revert model.
One of my best validation on daily timeframe is MACD bullish histogram and lines divergency, it clearly show to us how weak are bears and how bulls starts to show up.
The target would be key level in opposite side.
Saturday, August 10, 2024
August 10, 2024 at 06:51AM SHIBUSDT wait for next +100% pump
SHIBUSDT wait for next +100% pump
SHIBUSDT SPOT BITGET:SHIBUSDT
At least we are looking for +100% pump from these strong daily support zones here and possible pump here after the weeks of range and fall is expected.
Major supports and resistances are all mentioned on the chart too.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚>
US Dollar News: Rising Treasury Yields Drive the Currency Higher - Watcher Guru
• August 10, 2024, 1:28 pm
• August 10, 2024, 4:57 am
• August 9, 2024, 4:28 pm
• August 9, 2024, 4:28 pm
• August 9, 2024, 4:28 pm
Friday, August 9, 2024
August 09, 2024 at 12:26PM A long trade on SHIB/USDT with Falling Wedge.
A long trade on SHIB/USDT with Falling Wedge.
SHIB / TetherUS BINANCE:SHIBUSDT
Here I found Falling wedge with a clear BULLISH Divergence.We are waiting for Breakout
August 09, 2024 at 10:34AM Shib path to November 2024 - 2025
Shib path to November 2024 - 2025
SHIB / TetherUS BINANCE:SHIBUSDT
Hola Shib-inu fans, I have been getting request while I was away - asking what's the next move for Shib in this current market today.
Along with questions such as:
Why is it crashing so much?
Should you buy, hold, or sell?
Where do you see the market in the next year?
To answer that question is simply put I can not answer that directly at this time. Reason being, the market is currently influenced by the United States political and economical climate and is likely going to make an even greater impact based on which candidate wins office.
Republicans🐘 vs 🐎Democrats
Currently control the market movement, and if you don't believe me, after Donald Trump was shot, Republicans believed that this would land Trump a landslide victory, so Whales and influencers to the market flooded the main crypto wallets BTC and ETH among others with rally that led the price of bitcoin from a 56k lost back to a 70k return. Another example of how the US as well as China has a major controlling factor on how the market moves, is the fact that this most recent crash is based on the US CPI report being unsatisfactory forcing both the crypto and SnP market to crash from that outcome alone.
This is mostly the results of Bitcoin and its holders trying desperately to have ETF's take center stage and by doing so gave much of the control over financial growth to the banks and the governments that control them. That's the price we paid to have ETF's we are now apart of the regulatory stock market which is mainly control by the US market base.
So to understand where the next move for shib may lead is basically impossible to tell depending on who wins in November, so to help with this issue, I made a pathing map, and possible areas of concern for holders to look out for on a modified day chart converted to a weekly chart.
This path starts and end in November of 2024 to 2025 where if the republicans win, it will influence buying power from whales looking to capitalize on the returning president trump and the republican party new policies that want to put in place that is more beneficial to those with wealth they which to extend further.
vs
Another democratic win where policies may not change to much but will be a greater impact on the financial markets as a whole which will not rally whales if any at all and will likely cause a selloff in much of the markets not just in crypto.
So hopefully this map helps guide you to a positive path to riches or avoid a possible path to ruin.
Thursday, August 8, 2024
EUR/USD, GBP/USD, DXY Price Forecast: DXY Nears $103 – Is a Drop Imminent? - FX Empire
• August 8, 2024, 7:28 am
• August 7, 2024, 9:28 pm
• August 7, 2024, 6:28 pm
• August 7, 2024, 3:28 pm
Wednesday, August 7, 2024
August 07, 2024 at 01:55PM SHIBUSDT soon +150% pump and 0.00029
SHIBUSDT soon +150% pump and 0.00029
SHIB / TetherUS BINANCE:SHIBUSDT
As we can see price is now near major daily supports mentioned on the chart with green zones and we are looking for rise and pump here like the green arrows on chart and our first target is at least +100% pump here.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚>
Tuesday, August 6, 2024
August 06, 2024 at 11:11AM Shiba
Shiba
SHIBA INU / Tether KUCOIN:SHIBUSDT
Chance for buy Shiba
Show pattern for buy and have a zone a good for little time for big profit
EUR/USD, GBP/USD, DXY Price Forecast: Dollar Index Approaches $103, What’s Next? - FX Empire
• August 6, 2024, 8:28 am
• August 6, 2024, 8:28 am
• August 5, 2024, 2:41 pm
• August 5, 2024, 2:28 pm
• August 4, 2024, 10:14 pm
Monday, August 5, 2024
August 05, 2024 at 02:06PM Shiba Inu Price Drops 22%. Can it break the trend?
Shiba Inu Price Drops 22%. Can it break the trend?
Shiba Inu / Tether US WHITEBIT:SHIBUSDT
The 22% drop in Shiba Inu’s price over the last 24 hours results from bearish investors and similar market conditions. Signs of SHIB holder’s negative sentiment became evident following the shift in funding rate.
The funding rate indicates that SHIB investors have been anticipating a decline, with their expectations aligning with the recent drop in price. Their concerns about a downturn were realized as soon as the price turned red.
The Chaikin Money Flow (CMF) further illustrates that Shiba Inu investors have been actively withdrawing their investments. This trend of significant outflows highlights growing caution or dissatisfaction among the investor base.
Shiba Inu’s price at $0.00001105 fell below the support of $0.00001141, leaving the altcoin vulnerable to falling to the support of $0.00000898. This level has prevented further decline in the past, and SHIB could bounce back from it.
To recover and break the downtrend line, the meme coin must first turn $0.00001473 into support. Given the current challenges, this could be difficult, and SHIB might consolidate below this level.
On the other hand, if SHIB investors change their stance and turn bullish again, recovery is possible. Breaching the downtrend line would invalidate the bearish thesis and help reclaim lost profits.
Saturday, August 3, 2024
August 03, 2024 at 09:19AM Strong selling pressure
Strong selling pressure
SHIB / TetherUS BINANCE:SHIBUSDT
SHIBUSDT Shiba has faced a sharp decline in price, and as you can see, it is below its downward trend line and it has failed to break through identified resistance levels. This indicates strong selling pressure and decreased investor confidence.
Support and Resistance Levels:
Support Level: If the downtrend continues, the price is likely to reach the support level of 0.0000137885. This level acts as a key point to prevent further price declines.
Resistance Levels: To reverse the current downtrend, the price needs to break out of the descending channel and surpass important resistance levels at 0.0000150638 and 0.0000160392. Breaking through these levels would indicate a return of buyer strength and the potential start of an upward trend.
If the price fails to break through the key resistance levels, the selling pressure may continue to push the price downward. Conversely, if the price surpasses these levels, the likelihood of a trend reversal and an upward movement increases.
Friday, August 2, 2024
August 02, 2024 at 10:49AM SHIBUSDT easy +100% pump is coming
SHIBUSDT easy +100% pump is coming
SHIB / TetherUS BINANCE:SHIBUSDT
As we can see price is now near major daily supports and we are looking for pump and rise here at least the first red zone and resistance zone which is almost 100% profit.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚>
EUR/USD, GBP/USD, DXY Price Forecast: DXY Above $104; Market Awaits NFP - FX Empire
• August 2, 2024, 7:28 am
• August 1, 2024, 7:34 pm
Wednesday, July 31, 2024
DreadKongDotCom DMZ Game Playthrough 338
• July 31, 2024, 1:18 pm
• July 31, 2024, 6:24 am
• July 31, 2024, 6:23 am
• July 30, 2024, 5:23 pm
• July 30, 2024, 3:28 pm
Tuesday, July 30, 2024
July 30, 2024 at 10:32PM $SHIB support and green zone for buying long and refill
$SHIB support and green zone for buying long and refill
SHIB / TetherUS BINANCE:SHIBUSDT
I have been following SHIB for quite a long time, and it is in a very long downtrend. This chart is similar to the setups I have created for other coins; it highlights a great zone to refill your portfolio with a high probability of good performance.
DYOR, check my other setups; they are all good and doing +30% with no leverage. Don't forget to take your profit and control your greed. Meme coins are not for holding long-term—make a profit, sell, and buy another one.
We are in a BTC downtrend, so it's time to catch opportunities. In 2 months, the current prices will look very cheap.
An entry at 0.000015 or less is a bargain. Then, just wait 2 months and sell at the top of the altseason.
July 30, 2024 at 06:30AM SHIB Burn Rate Spike 7300% Sparks Potential for a Breakout
SHIB Burn Rate Spike 7300% Sparks Potential for a Breakout
SHIB / TetherUS BINANCE:SHIBUSDT
The Shiba Inu coin (SHIB), often referred to as a meme cryptocurrency, has captured significant attention in the crypto community with a dramatic increase in its burn rate. The recent surge of over 7300% in SHIB's burn rate has sparked optimism and speculation about a possible price rally.
Burn Rate Skyrockets
According to Shibburn, the burn rate for Shiba Inu ( SHIB ) soared an astonishing 7334.38% in the past 24 hours, with 2.37 million coins being destroyed. This significant reduction in the coin’s total supply, now trimmed to 589.27 trillion SHIB , has reignited hope among investors and market watchers. Over the past week, a total of 70.44 million SHIB were incinerated, further emphasizing the aggressive burn strategy.
Market Reaction
Despite the burn rate spike,$ SHIB's price has been on a downward trajectory, slipping to $0.00001673, a 3.04% dip at the time of writing. The coin's recent high was $0.00002 on July 16, but it has since faced a steady decline. This price movement has raised concerns among investors, especially given the recent increase in burn activity.
Technical Analysis and Market Sentiment
Recent SHIB price analysis indicates a positive sentiment for the asset’s future. The coin is currently navigating a downtrend within a falling wedge pattern, a formation often seen as a precursor to a potential breakout. Further accentuating to the bullish outlook is the Relative Strength Index (RSI) which sits at 44.85. The maturity of this pattern suggests that the downtrend may be nearing its end, paving the way for a possible price pump. Shiba Inu also shows pattern of a Golden cross which is a major bullish reversal pattern it occurs as the result of a crossover of the 200-day average by the 50-day average.
Furthermore, SHIB’s futures open interest (OI) rose by 0.81% to $41.56 million, and derivatives trading volume spiked by 42.52% to $68.79 million. These indicators show a growing interest in SHIB among investors, despite the recent price dip.
Shibarium's Role
Shibarium, Shiba Inu’s Layer 2 (L2) solution, has recently surpassed 6 million blocks, marking a significant milestone for the coin’s ecosystem. This development, coupled with the increased burn rate, suggests a robust underlying framework that could support future price growth.
Future Outlook
A bullish signal that could indicate the end of the downtrend. With the burn rate surge and strong technical indicators, there is a growing belief that SHIB could reach the $0.0000377 target in August.
Conclusion
The Shiba Inu coin’s dramatic increase in burn rate and the associated market optimism present a compelling narrative for potential price growth. While the coin has faced a recent decline, the underlying technical and market dynamics suggest a possible turnaround. Investors and market participants should watch closely, as SHIB's price action in the coming weeks could confirm or challenge these optimistic projections.
Subscribe to:
Posts (Atom)
