Hedge Idea ( Long ): Entry: $1899.00 Entry Date: July 4 - Sept. 07 Price Target: $4,000.00 Target Date: Q4 22' - Q1 23' ( Short ) Entry: $4,000.00 Entry Date: Q4 22' - Q1 23' Price Target: $1899.00 Target Date: Q2 23'
Why I went in heavy on XDC: 1 Uphold recently announced they would add XDC to their platform 2 Stong marketing action behind the coin (national sports team) 3 It is an ISO 20022 coin 3 Technical analysis is showing strong set up 4 Very much undervalued coin (still small 800 million market cap) 5 Supported by the World Trade Organisation who are backing this...
Some kind of overmanipulated pattern on Bitcoin chart. AI still recognizes it as bearish wedge. Target $40k.
RSI makes higher lows. Volume rises. Bullish wedge chart pattern. AI thinks people bought the dip. Long is worth a shot. (Now that our shorts are in profit already :))
Zone Resistance on Bitcoin chart. Deep learning recommends short position. 1st Target $41k. This idea is 100% compatible with our previous wedge idea.
Bull Trap on Bitcoin chart. Neural network recommends short position. Target $41k.
Ascending Channel on Bitcoin chart. AI thinks bears have the power to break it down. (If they choose to.) Possible bull trap and extended consolidation. Take care of margin risk management!
Bearish Flag on Bitcoin Bearish Flag on Bitcoin chart. Price is at intersection of resistance lines. So, AI recommends short. + Volume went down, candles went small. = Bearish pressure.
Death Cross (Trendlines - Resistance) on Bitcoin chart. AI recommends short position. Targets: $41k, $38k, $32k. Watch out for potential bounces from support trendlines!
USDT.D will break up its channel. Dominance sits on a set of support trendlines now. According to chart pattern rules (falling channel), target is the green circle. AI recommends long on USDT. (Short on Bitcoin.)
After years of Central Bank "price stability" with a special focus on keeping the equity bull alive, #Trendfollowing strategies were finally unleashed following Covid making up for lost time, and are on track to post yet another stellar year. Of course past performance is never any indication of future returns, but we can think of at least one decent source to...
Bearish Wedge pattern on Bitcoin chart. AI recommends short position. 1st Target $41k.
Wells Fargo is lacking behind in offering digital assets to the consumers such as the flexibility of other modern silver and gold spending accounts.
Completely inevitable that we will see the total market cap test the $1.2 Trillion support within the next 6/8 weeks, if not much sooner. Currently sitting at $1.7 Trillion. This will see Bitcoin wick below $28,000 and aligns well with our previous Bitcoin post. This isn't the end, it's the latest stage of transition away from a collapsing economy and towards...
OpenSea’s latest vulnerability poses a larger and more deeper question relating to the global NFT ecosystem’s existing security infrastructure. Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of...
The digitization of humanity via AI and the metaverse is already inevitable, but will it lead us to a decentralized, better world or to a dystopian nightmare? Will the Metaverse(s) change humanity as we know it? Will the Metaverse(s) be the ultimate augmentation of human perception? Will it become an agora for our dreams (and, of course, nightmares), able to...
Much like other activity in the digital asset space, crypto lobbying has been picking up during the past year. Interaction between the cryptocurrency industry and Capitol Hill is becoming ever more intensive as efforts to regulate crypto grow in tandem with its popularity. The surge in crypto industry lobbying last year was given some concrete parameters in...
Worldwide nonfungible token trading was worth around $40 billion in 2021, and it has since attracted some big names in the sports industry. Athletes have been known to invest in a range of assets and businesses, but now they're also getting into cryptocurrency and blockchain. Nonfungible tokens (NFTs) are a relatively new form of tokens that allows for the...