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Price discussion and technical analysis, buying and selling considerations for all Alt-coins (including Bitcoin and Ethereum).

  1. What's new in this club
  2. Elliott wave daily forecast for Bitcoin, Ripple and Ethereum Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today Elliott wave BTCUSD The chart displays the structure of the corrective wave [4] that looks complete. It has completed as a double three (W)-(X)-(Y). The market is forming the initial element of the new uptrend, namely, the final, fifth wave is developing. In the near future, the price could be rising to a level above 9799. It is the previous high made by the linking wave X. Elliott wave XRPUSD The corrective wave (B) has completed. It is a down double zigzag W-X-Y. The market is now moving up. There are likely to be completed the sub-waves 1 and 2, and there is now developing the initial part of the impulse wave 3. In the near future, the price should be rising in impulse (1), and after that, it should be declining in the corrective wave (2). An approximate trajectory of the Ripple future price movement is outlined in the chart. For more information follow the link to the website of the LiteForex https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-07-07/?uid=285861726&cid=79634
  3. Elliott wave daily forecast for Bitcoin, Ripple and Ethereum Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today Elliott wave BTCUSD Like in previous trading weeks, the market is forming the sideways corrective wave [4] as a double zigzag (W)-(X)-(Y). Presumably, there is forming the final element of the sub-wave (Y), which is a bear double zigzag W-X-Y. In the near future, the price could be declining in the impulse wave [c] to a level of 8809.17. This level is in the support zone. For more information follow the link to the website of the LiteForex https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-07-03/?uid=285861726&cid=79634
  4. Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today Elliott wave BTCUSD There is forming a large upward impulse. The chart displays the structure of the sideways corrective wave [4] that started in May 2020. Correction [4] is developing as a double three (W)-(X)-(Y). After sub-waves (W) and (X) completed, the price started declining in the final wave (Y) that is likely to complete as double zigzag W-X-Y. In the near future, following a short price rise, the correction of Y should complete. After that, the price could start declining in impulse [c] of Y to the support level. For more information follow the link to the website of the LiteForex https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-07-02/?uid=285861726&cid=79634
  5. My problem with these ‘support level lines’ is they are drawn from the extremes. In the example above they are from wick-tip to wick-tip. (If they were candles) In reality those lowest highest prices could have been fat finger screwups or panicked herd or busted shorts etc. They don’t really represent what the ‘market’ (whatever the hell that is) really felt about price at that time. The market was more in the body of the candle. So basing a long term trend line on those wicks seems incorrect to me. Just my opinion. I know next to nothing.
  6. Elliott wave daily forecast for Bitcoin, Ripple and Ethereum Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today Elliott wave BTCUSD In the long-term corrective wave [4] that is unfolding as a double three, the final wave (Y) is developing as a double zigzag W-X-Y. The sub-waves W and X have completed, the final zigzag Y is yet developing. The upward correction should completed soon. After that, the market should turn down and resume declining in the impulse wave [c] to the support level as it is outlined in the chart. For more information follow the link to the website of the LiteForex https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-07-01/?uid=285861726&cid=79634
  7. Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today Elliott wave BTCUSD The BTCUSD market is currently forming the long-term corrective wave [4] as a double three. Sub-waves (W) and (Х) have completed, sub-wave (Y) is yet unfolding. Wave (Y) is a bearish double zigzag W-X-Y, where the sub-wave Y is currently developing. A small upward corrective wave should complete soon. Next, the market will resume declining in the [c] impulse towards the support zone, as it is outlined in the chart. For more information follow the link to the website of the LiteForex https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-06-30/?uid=285861726&cid=79634
  8. https://newslogical.com/bitcoin-foundation-member-predicts-btc-will-exceed-39900-in-2021/
  9. There is no evidence that any company is actually paying money to buy VET or VTHO tokens to put transactions on their blockchain. Walmart China had transactions during the past year using tokens provided by Vechain. These are more like test runs or POCs where companies may try blockchain use cases. They are generally hyped as partnerships. These blockchain companies owe nothing to their investors and provide no financial records showing how much revenue they had...well because it's generally ZERO. All hype.
  10. I was under the impression BMW, Luis Vitton, Walmart China and others were using it? Have you mentioned the wrong token or am I wrong?
  11. If it's not clear that these are scams by now what are they? Vechain doesn't have a single enterprise partner paying for the use of their network after almost 3 years and has made money dumping tokens on investors. The same people who launched NEO did a money grab and launched ONT and there is no usage of their private or public network. The only thing we are waiting on is a Bitcoin bullrun hoping the tide carries these coins up. But then these projects have done zero work, founders got rich dumping speculative tokens and they're hoping they're going to get richer off another speculative FOMO.
  12. Technical Overview of USD/JPY and AUD/USD Currency Pair USD JPY USD traded lower against JPY and closed at 110.42 `h supply over the last hour, as the risk-off sentiment intensifies amid rising coronavirus risks and knocks-off the US 10-year Treasury yields to a new record low just above the 1.30% level. • USD/JPY printed a bullish inside day candlestick pattern on Wednesday. • The pair could find bids and challenge resistance at 110.70-111.00. • USD/JPY: Bulls and bears jostle below 111.00 amid coronavirus fears • USD/JPY fails to hold onto the previous day’s recovery gains. • Traders smell fears in the US President Donald Trump’s measured comments. • Coronavirus updates keep the risk-tone under pressure; US data will decorate the economic calendar. • USD/JPY drops back towards 110.00 as US 10-year Treasury yields hit record lows According to the Analysis, pair is expected to find support at 110.18 and a fall through could take it to the next support level of 110.05. The pair is expected to find its first resistance at 110.62, and a rise through could take it to the next resistance level of 110.75. AUD USD AUD traded higher against USD and closed at 0.6543. AUD/USD extends the bounce above 0.6550 after Australia's Q4 Capex data release. The headline number missed forecasts; however, estimates for 2020/21 bettered expectations. The risk-off tone in the markets could cap the further upside in the spot. • AUD/USD looks oversold as per the daily chart RSI. • The 4-hour chart RSI is reporting a bullish divergence. • The broader trend remains bearish with the pair stuck in a falling channel. • AUD/USD may witness a corrective bounce as technical charts are signaling seller exhaustion. The 4-hour chart RSI has charted higher lows, contradicting lower lows on price. That bullish divergence indicates the bearish momentum has ebbed. The inverted hammer seen on the 4-hour chart is also echoing similar sentiments. According to the Analysis, pair is expected to find support at 0.6540 and a fall through could take it to the next support level of 0.6524. The pair is expected to find its first resistance at 0.6590 and a rise through could take it to the next resistance level of 0.6606. For More information about the release time of news and its impact visit Economic Calendar Page!
  13. Technical Overview of EUR/USD and GBP/USD Currency Pair EUR/USD · EUR traded Higher against USD and closed at 1.0791 EUR/USD closed out Tuesday below 1.07 to print the weakest daily close since April 2017. More importantly, the single currency formed a bearish marubozu candle, implying a continuation of the downtrend. A red marubozu, the one with a large body and little or no shadows, occurs when sellers control the price throughout the day, and is considered very bearish. The back-to-back big red marubozu candles seen on the weekly chart are also painting a bearish picture. According to the Analysis, pair is expected to find support at 1.0786 and a fall through could take it to the next support level of 1.0774 The pair is expected to find its first resistance at 1.0826 and a rise through could take it to the next resistance level of 1.0838. GBP/USD · GBP traded higher against USD and closed at 1.2998 GBP/USD fails to register noticeable moves following a Tuesday’s Doji candlestick. Short-term moves are confined between 50 and 100-day SMA, 61.8% Fibonacci retracement offers immediate resistance. The monthly bottom can please sellers below 100-day SMA. GBP/USD remains a little changed below 1.3000 during early Wednesday. The cable posted a trend reversal Doji candlestick formation the previous day. Though, 50-day and 100-day SMA continue to restrict near-term moves. While the recent Doji favors the pair’s pullback, 61.8% Fibonacci retracement of its November-December 2019 upside, at 1.3055, could lure the buyers ahead of making them confront 50-day SMA level of 1.3067. According to the Analysis, pair is expected to find support at 1.2976 and a fall through could take it to the next support level of 1.2958. The pair is expected to find its first resistance at 1.3036 and a rise through could take it to the next resistance level of 1.3054 Important Economic Events of the Day · USD Building Permits · USD Housing Starts m/m · USD PPI m/m · USD FOMC Member Kashkari Speech For More information about the release time of news and its impact visit Economic Calendar Page!
  14. Technical Overview of AUD/USD and USD/JPY Currency Pair AUD/USD · AUD traded Higher against USD and closed at 0.6686 AUD/USD sustains the bounce above 0.6700 amid mixed Australian NAB Business Survey and Home Loan data. The spot draws support from a risk-on rally in the Asian stocks, as coronavirus fears take a back seat. AUD/USD is reporting marginal gains despite below-forecast NAB data. The 14-day RSI is reporting a bullish divergence. Australia's Home Loan data bettered estimates by a big margin. That alongside the uptick in the equities could help the Aussie eke out notable bounce. According to the Analysis, pair is expected to find support at 0.6673 and a fall through could take it to the next support level of 0.6663. The pair is expected to find its first resistance at 0.6703 and a rise through could take it to the next resistance level of 0.6713. USD/JPY USD traded higher against JPY and closed at 109.74 USD/JPY holds onto recovery gains from 21-day SMA. A sustained break of monthly high will divert the bulls towards the yearly top. 200-day SMA acts as key support. USD/JPY registers 0.10% gains while rising to 109.85 by the press time of the pre-European session on Tuesday. In doing so, the quote justifies the bullish candlestick formation portrayed the previous day. As a result, prices are now gearing up to the monthly top surrounding 110.05, a break of which will escalate the latest recovery towards January 17 high near 110.30. According to the Analysis, pair is expected to find support at 109.65 and a fall through could take it to the next support level of 109.58. The pair is expected to find its first resistance at 109.85 , and a rise through could take it to the next resistance level of 109.92. Important Economic Events of the Day · GBP Manufacturing Production m/m · GBP GDP q/q · GBP GDP m/m · GBP GDP 3m/3m For More information about the release time of news and its impact visit Economic Calendar Page!
  15. Technical Overview of AUD/USD And EUR / USD Currency Pair AUD/USD ·AUD traded High against USD and closed at 0.6700 AUD/USD takes the bids to 0.6711 after the RBA leaves its benchmark interest rates unchanged during early Tuesday. The pair previously dropped amid fears of coronavirus outbreak. AUD/USD keeps losses as RBA's Lowe reiterates “gentle turning point” description. AUD/USD continues to trade in the red despite upbeat comments by RBA's Lowe. The central bank head said the economy is passing through a gentle turning point. China's Caixin services PMI for January missed estimates. According to the Analysis, pair is expected to find support at 0.6693 and a fall through could take it to the next support level of 0.6678 The pair is expected to find its first resistance at 0.6741 and a rise through could take it to the next resistance level of 0.6756 . EUR/USD · EUR traded lower against USD and closed at 1.1042 Amid risk reset, the EUR/USD pair is currently trading near 1.1034, down 0.10% on the day, having faced rejection near 1.11 on Monday. 1. EUR/USD is losing altitude amid risk reset in the financial markets. 2. Coronavirus scare has eased with China's decision to inject liquidity. 3. All eyes remain on Eurozone data, ECB Lagarde’s speech and US PMIs. According to the Analysis, pair is expected to find support at 1.1035 and a fall through could take it to the next support level of 1.1027. The pair is expected to find its first resistance at 1.1059 and a rise through could take it to the next resistance level of 1.1067 Important Economic Events of the Day · NZD Employment Change q/q · USD ISM Non-M anufacturing PMI · USD EIA Crude Oil Stocks Change · USD ISM Non-Manufacturing PMI For More information about the release time of news and its impact visit Economic Calendar Page!
  16. Technical Overview of EUR/USD and USD/JPY and Currency Pair EUR USD EUR traded higher against USD and closed at: 1.1094 · Touch softer - closed up 0.05% after recording a fresh 1.1076 Jan low · UK to set out goals for EU trade talks - PM Johnson's spokesman · Charts show momentum studies, 5, 10 & 21 DMAs edging lower - negative setup · 1.1080/85, 61.8% of the Nov-Dec bounce and Jan double bottom held on close · Sustained 1.1075 break a bearish signal, next stop 1.1042 76.4% Nov-Dec rise · 1.1113, 38.2% of the January dip and 5 DMA is initial resistance · 1.1100 350M, 1.1125 230M, and 1.1140-50 1.5BLN strikes cap According to the Analysis, pair is expected to find support at 1.1082 and a fall through could take it to the next support level of 1.1076. The pair is expected to find its first resistance at 1.1102 and a rise through could take it to the next resistance level of 1.1108 USD JPY USD traded lower against JPY and closed at 110.18. USD/JPY extends losses while taking rounds to 110.00 during early Tuesday. The pair shrugged off the BOJ’s widely anticipated monetary policy decision as risk aversion seems to be in the play. · USD/JPY extends the recent losses despite BOJ holding its monetary policy intact while keeping forward guidance on interest rates intact. · News of corona virus outbreak recently triggered risk-off; trade-positive news from the Chinese Commerce Ministry failed to please buyers. · Geopolitical plays in the Middle East, trade headlines will welcome the US traders returning from the extended weekend. According to the Analysis, pair is expected to find support at 110.13 and a fall through could take it to the next support level of 110.10. The pair is expected to find its first resistance at 110.21 and a rise through could take it to the next resistance level of 110.24 Economic Events of the Day · JPY BoJ Interest Rate Decision · JPY BoJ Press Conference · GBP Claimant Count Change · EUR ZEW Economic Sentiment Indicator For More information about the release time of news and its impact visit Economic Calendar Page!  
  17. Technical Overview of GBP/USD and EUR/USD Currency Pair GBP USD GBP traded higher against USD and closed at 1.3017. GBP/USD looks to extend the bounce towards 1.3050 ahead of the UK CPI report, as broad-based US dollar weakness and bullish technical set up underpin the sentiment around the spot. • Flat - closed up 0.2%, as expectations of a Jan BoE cut cooled • Inflation data on today and retail sales Friday will be key for sterling • Despite bounce daily charts are negative, though at low end of recent ranges • Momentum studies, 5, 10 & 21 DMAs head lower and 21 day Bolli bands slip • 1.2900, December low then 1.2887 lower 21 day Bolli band are major support According to the Analysis, pair is expected to find support at 1.2973 and a fall through could take it to the next support level of 1.2954. The pair is expected to find its first resistance at 1.3033, and a rise through could take it to the next resistance level of 1.3052. EUR USD EUR traded higher against USD and closed at 1.1127. • EUR/USD barely moved in Asia trading in a 1.1126/31 range • Most of the action in regionals as USD moved up on Mnuchin comments\ • Resistance at 10-day MA at 1.1140 with option selling ahead of 1.1150 • Large option maturities 1.1100/50 defining recent range • Break above 1.1150 targets 61.8 fibo of 1.1240/1.1085 at 1.1181 • EZ IP later today, but US-China trade deal likely to be main event According to the Analysis, pair is expected to find support at 1.1111 and a fall through could take it to the next support level of 1.1101. The pair is expected to find its first resistance at 1.1141 and a rise through could take it to the next resistance level of 1.1151. Economic events of the Day · USD EIA Crude Oil Stocks Change · USD EIA Cushing Crude Oil Stocks Change · USD FOMC Member Harker Speech More information about the release time of news and its impact visit Economic Calendar Page!
  18. Although only 11 years old, Bitcoin has left a mark with a lot of famous and influential people. Elon Musk, one of the most recognized entrepreneurs in the world, is one of them. Seemingly wanting to imitate Donald Trump, Elon Musk tweeted six short words and focused all criticism on Bitcoin. It’s still unclear what his purpose is, but this action has angered the crypto community. Elon Musk is the founder of PayPal, one of the largest payment companies in the world. He is also the founder and CEO of SpaceX and CEO of Tesla. Each of his companies played a role in revolutionizing the field they occupied. Therefore, Elon Musk has always been admired and considered as one of the most influential people. This is why when Elon Musk suddenly mentioned Bitcoin, but it was not a positive one, the cryptocurrency community was so excited. Elon Musk dropped a Bitcoin bomb on Twitter, saying that Bitcoin is not his safe word. After a few hours later, he changed his nickname to "Buff Mage". Do you understand his tweet? https://azcoinnews.com/elon-musk-dropped-a-bitcoin-bomb-on-twitter-bitcoin-is-not-my-safe-word.html
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