visioncrypto

visioncrypto

Interestingly, NASDAQ and Bitcoin look like close friends. Market sentiment with interest rate hikes approaching and ofcourse current Omricon issue will most likely continue to push these two down. Different factors can push them away from being friends but right now they look like good buddies. :)

visioncrypto

Solana has not had a pretty story since BTC has been lagging. Its no LUNA, Fantom etc that had some rally while Bitcoin was having a hard time, therefore whilst every crypto asset is falling (including Luna, FANTOM, CHainlink), Solana is the weakest and will have a much steeper fall. Complaints that the network is too "centralized" and whilst it went up with the...

visioncrypto

Crypto market had a great start, BTC may have struggled but fantom, luna, chainlink etc have had a great start to the year. Today to $44,000 is SUPER BEARISH. Its finally broken a very strong support level. This has been a rangebound market. Omricon is having effect on everything right now and Crypto too.

visioncrypto Updated 

btc looks fairly repetitive in the channel. The previous spike should have gone a little higher, so this slight spike made up for that. As after every spike it drops again. Rinse, wash, repeat.

visioncrypto

Price will keep following Bitcoin's as its owner base is still too small and interest still too low to be anything like LUNA/MATIC. Since these LUNA/MATIC have been doing so well, ACH is very attractive, though its based on the ethereum chain, to build the bridge between fiat and crypto, it uses MATIC and chainlink. The only other competitor is AMC (?) and it will...

visioncrypto

Luna has been doing astronomically well. It looks like it could be ready for a fall, but is not on any confirmed trajectory yet. If it can succumb to bitcoin's fall then it will be an excellent buy in 2022. This, MATIC and Alchemy pay are the ones I am most interested in for next year. Any other great projects?

visioncrypto

I dont think Omricon is going away and with Omricon affecting young children, kids and teens, this is every parents worst nightmare. On top of this the stock market is a bubble bursting. Supply shortages to further compound the situation. Bitcoin and all of crypto market cap will dwindle in the risk sell-off. I think once gold prices start to climb significantly...

visioncrypto Updated 

Mark Minervini states when a stock ascends at a steep rate, when it corrects, it can go drop by 50-80% from the ATH (80% chance to drop by 50%, 50% chance to drop by 80%). Based on this, January could see $40k and February could see $30k. Ofcourse, developments in the news could drastically alter the outcome. As could the question of at what price will...

visioncrypto Updated 

Wont be surprised if ACH tumbles with bitcoin further down to the lowest range; however, holders feel positive about this one and I believe it will reach the 0.13 range in the next reversal period, and up to 0.20 in the near term. I hope it can 10x into the future but patience folks... the developments need to come out and be used and seen then tables will be in...

visioncrypto

Price is trading below the 200 day EMA. At the current rate of price decline, it would be expected that the death cross will occur in the first week of January. Ofcourse, this speculation is based purely on the extrapolation of the current price trend... certainly it could come sooner or later... 200 day EMA has been a critical support, 40-42k is the next testing...

visioncrypto Updated 

Studies on bitcoin have shown 10:1 moving average comparison to give the best historical result.. so here it is...

04:29

visioncrypto Updated 

100day versus 10 day MAs. Make your own analysis. I think a crash could be coming soon but need to wait for the 10day moving average to cross

visioncrypto

I'm still bearish BUT a bull market is still good for me. I dont think its suddenly turning bullish... I dont do fancy elliot wave analysis but neither do many professional traders... I might be new but where is the pull to suddenly carry on a new run??? The run was instigated IMO by listing the bitcoin futures (which wasnt really good for bitcoin anyway); and the...

visioncrypto Updated 

I've had a fairly bearish outlook, the upward trend began to get exhausted and the subsequent lows have failed to make any higher highs. I think, the price will have a little recovery and drop again, once it goes under 50k a little more, I think more consensus will be that the market has entered a bearish phase. Unfortunately, I bought just before the last drop...

visioncrypto

As the trading pattern was in a pretty tight channel, I also chose a tight MA ratio of 1:10. This would have given a really nice point to exit right before the storm. Always remember MA's are the most basic but also the most solid point of reference. In the future, as others have pointed out, the correction could point closer towards a 50-200 day MA (which could...