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Sunday, May 7, 2023

May 07, 2023 at 12:17AM BTCUSD - Analysis by Elliot Waves Theory

BTCUSD - Analysis by Elliot Waves Theory

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

BTCUSD is about to start a correction on downward direction after finished ABC as X, reason for this idea is a triangle correction is occurred on wave 4 and as per Elliot waves principle which stated that a triangle correction is the last correction wave before last impulsive wave (5)
another reason also that prices broke the bottom of the last impulsive wave 5

So now since there is no break of top of wave 5 a correction downward is a good idea

Good luck ,

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Saturday, May 6, 2023

Liquid staking solutions now have more TVL than DEXs: Finance Redefined - Cointelegraph #Defi DreadKong.com๐Ÿ“‰๐Ÿš€๐Ÿ“ˆ

May 05, 2023 at 05:03AM Shiba Inu (SHIB) Still Most Successful Meme Coin by Price Gains, Report Finds - U.Today #ShibaInu #SHIB #$Shib #ShibaCoin #SHIBArmy #Crypto #CryptoDotCom #Currency @ShibToken #FriendShib

Shiba Inu (SHIB) Still Most Successful Meme Coin by Price Gains, Report Finds  U.Today

Friday, May 5, 2023

Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows - Yahoo Finance DreadKong.com #Personal #Finance #APY #Staking #Compound #Interest #Protocol #Entrepreneurship๐Ÿ“‰๐Ÿฆ๐Ÿ“ˆ

May 05, 2023 at 01:42AM ETHUSD Forecast

ETHUSD Forecast

Ethereum / U.S. dollar BITSTAMP:ETHUSD

ETHUSD is at a lower low of 2045.2, and what we see from the momentum RSI+ indicator is that price is bullish but not above the meddle line 50, but there is bullish pressure in there, as shown by the stochastic below for the current price.

So what needs to happen is: the price needs to form a higher low and higher high above the orange line to continue up, supported by indicators. That has not happened, and if it does, momentum will need to be strong enough against 2045.2.

If we consider 2045.2 as bearish pressure over 1808.6, then we need to see a lower high below 1808.6 for the price to continue on the downside. So interest is, of course, on the downside because the current momentum is not convincing for a strong HH. Longs right now may go above the candle high of May 3, but it would have been ideal if the bearish pressure was above the 50 RSI level.



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May 05, 2023 at 01:18AM $BTCUSD Hyperinflation

$BTCUSD Hyperinflation

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

BITSTAMP:BTCUSD Let's face it, unless we get some serious hyperinflation going on, the BTC price is gonna keep on bouncing around that 30-20k range. So why not sit back, relax, and enjoy the ride? Or better yet, why not use this opportunity to buy more BTC at a discount? After all, the market is a fickle mistress, and you never know when the tides will turn.

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May 05, 2023 at 01:33AM Shiba Inu (SHIB) Community Remains in Focus for Sparklo (SPRK) Presale Phase One - U.Today #ShibaInu #SHIB #$Shib #ShibaCoin #SHIBArmy #Crypto #CryptoDotCom #Currency @ShibToken #FriendShib

Shiba Inu (SHIB) Community Remains in Focus for Sparklo (SPRK) Presale Phase One  U.Today