This is BIG news that will make it out to the masses. Bitcoin Lightning solves the speed and cost of paying with Bitcoin! Running live worldwide. Get your Bitcoins while it's less than $100K per FULL BTC! Please tip me in Santoshi and/or thumbs up! The trend lines supports a rally but then again, that's the beauty of simple trendlines, support and...
Given crypto run expected this quarter, we've pushed passed 3350 and will hit resistance at 3500. I suspect we'll blow past this. My weekly chart post didn't have a lot of details so here is the day chart. If we fail 3500 and fail to stay about 3350, the long position might go neutral. The macro factors are too srong on worldwide currency devaluation and...
The DXY, or US Dollar Index, is calculated based a baskets of six US ICE trading partners. Those partners, the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc all practice debasement to some degree, often "less bad" than the US. Right now, I would short the USD on the resistance at 0.94 but I'd rather long BTC. Here's...
Like any other market - currency, asset, commodity, (Ponzi scheme?) - cryptocurrency prices are a function of the supply and demand. Holding supply constant, the more demand, the higher the price. The vice is also true. For simplicity, and realistically most supplies of legitimate cryptocurrencies are fixed, at least in the short term. So how do you analyze the...
Expecting more down here but more bullish over 45.5. getting. This is starting to look like a larger degree move and some of the alt bullish accounts looking less likely. not financial advice
"On 15 August 1971, the United States unilaterally terminated convertibility of the US dollar to gold, effectively bringing the Bretton Woods system to an end and rendering the dollar a fiat currency."
It seems that the growth of bitcoin is not over yet. In this scenario, it seems that Bitcoin is gaining energy to exit the fourth downward wave and enter the fifth wave. This scenario is activated if it crosses the range of 28,000 and can reach the range of 20,000 to 18,000 depending on the intensity of the wave and market fear Come down. This is from wave...
This is my simple analysis on EURUSD, I used fibs, trend analysis, HH-HL-LL-LH s, Supply and Demand, Trend lines, price action... Hope you like it!
heres my chart about DOGE's future
Calling the short term bottom here! If you missed out on Ethereum at $4600 when there was euphoria and nothing but positive news, now is time to consider Ethereum at the best discount we'll see in decades. Discounts can even be better as the whales have dumped, short term minded speculators bailed and derivatives toxicity overflowed. Once people figure out why...
Yup, I see downside. This is a daily chart, the Monthly chart is not boosting my confidence in longs. It's a tight trade... Let's see what happens. 1% Risk, 2:1RR Most Importantly with this trade, I started the tag "CryptoBros" yeah, I'm that good.
The problems that Flexa aims to solve: 1. Merchants’ most common issues are card fraud and transaction costs. Firstly, to give you an idea of how important this is, the U.S. was seeing about $11 billion worth of losses due to card fraud in 2020 only. Secondly, merchants are paying pretty high fees to their payment providers. This fee is usually somewhere around...
I dunno about the Doge, but this def tells u what up on the dollar's life span.
Gold in an upward trending channel, DXY in a downward trending channel. The dollar will continue to weaken as the government spends more and inflation heats up. This will continue to fuel gold higher. Long gold, short the dollar.