Bitcoin price compressionHi Guys.
Im in 1H timeframe and i think BTC price compressed between two line i drawn on my chart.
Also we can see a weak Divergence between RSI and Price action too.
This will lead the price to the lower line and despite there is a strong support line there , in 24000
the price will bouce back and go approch upper line.
So we can take 2 trades here:
1- Now with SL upper than latest minor peak
2- after reaching lower line and the bounce verified.
The price action around 24000 was very strong because you see two long shadowed candle in this area historically.
After this price compression ends , we shuold analysis again to see what will happen.
But in some extent , I think we break this Triangle upward and go toward 26000 target.
Hope you enjoy , thats just my idea NOT a trading Advice.
Trade on your own strategy but take ideas from others.
THANK YOU ALL
Dyor
Ask yourself this questions before investing money in any coinHow to DYOR? Quick guide
90% of the time, the market is in a condition of uncertainty, which necessitates analysis. Before any investment, you need to ask yourself the question "is it worth it?" or "why can this project be profitable?". And, in order to fully comprehend the project, I've compiled a thesis list of questions that you should always ask yourself when conducting your own study.
We always begin at the project site.
There, you will be welcomed with a brief summary of the project, so be sure to read the Whitepaper/Docs to learn more.
At this point, you should ask the following questions:
What exactly is this project?
What is the point of it?
What possibilities does the project offer?
What are the project's RoadMap plans?
Next, you must determine who is the success guarantee:
What sources of funding aided the project?
What are some examples of these funds' success?
Will the funds be interested in the project's and the token's subsequent development?
It is also critical to assess the hype surrounding the project as well as the audience's involvement. Be cautious and double-check official sources. The more successful the initiative, the more scams will surround it, and you will be added to various groups where they will offer to send money. Don't fall for these ploys!
How active are the project's social networks? (Telegram, Twitter, Medium, GitHub, and so on.)
How involved is the team in social media support?
Is there a program for ambassadors?
Nodes (do they update and function properly)?
We assess other initiatives' trust and application.
How many other projects have already offered assistance?
How can they be of assistance to one another?
Check out the feedback from partners on our pages (after all, you can merely tag that Solana supports you, but they have no idea).
Check out the social subscription networks of notable people for this project. A nice technique to keep an eye out for such "friendships" on Twitter.
Avoid anonymous teams and projects that do not identify their developers or team at all. Admins or project members will never send you a personal email offering to acquire their tokens!
From a personal standpoint, would you trust these guys with your money?
What country does the team represent?
What projects have the team members previously worked on?
How interested are they in the project's progress, or do they prioritize obtaining funds and creating the token?
We assess the demand potential and the technological quality.
What competitors are there already?
How popular is the competitor's technology?
How much more advanced is our technology?
It is critical to understand which and how many tokens will be available for purchase on the listing, therefore we investigate the unlocking / vesting periods for each item. You can calculate the approximate capitalization at the latest sale price and assume the expected price pressure after receiving the number of tokens available at the time of listing.
Why is a token required?
How will the token be put to use?
To whom are tokens given?
How many tokens are there in total?
How much does the team own?
How many tickets were sold in the Seed and Private rounds?
What price did you enter these rounds at?
What are the terms (locks, vesting)?
How many tokens were given out to society?
How many tokens will be given out as rewards?
How many tokens will be sold during the Public Sale?
What networks is the token compatible with?
What kind of liquidity will be available as a result of the listing?
Following that, we went out to compare the data to the projects of competitors. We will be able to estimate the growth potential in this section.
And now that you've gone through all of the questions, you've decided to put money in this project:
We decide when and under what conditions it is best to deposit money.
We investigate the terms of selling.
We consider the format as well as the sales platform.
We research the platform from which we intend to make a purchase.
If the sale is not at a predetermined price but on Balancer or Mesa, we consider the token's fair price.
If the sale is in the form of a lottery, try opening multiple accounts to maximize your chances of winning.
Consider the averaging method on the listing depending on the condition and format of the transaction.
Examine the project's scheduling carefully; otherwise, the funds in the project may be frozen for an extended period of time.
At the outset of the voyage, you must determine a reasonable price and set profit goals.
In the event of failure, you must plan ahead of time to make up for the loss.
Divide your sale into various objectives, the first of which is the return on your initial investment.
Conclusion
Furthermore, you may always avoid conducting your own study by reading other people's pre-written project assessments. After all, they could simply pay for the review in order to attract money and then dump it on you. As a result, there is no place in the cryptosphere without DYOR.
You make all of the decisions.
You must also accept responsibility for the outcome.
Make sure to pay attention to money management and dangers.
Do not put more than 5% of your deposit into a single project.
Ethereum Ranges on 4hrtfEth bounced from the mid range as shown in the chart.
1)Our long trigger from mid range and i will take profit at 1340 zone.
2) I will open a short position at 1348 high range will take profit at mid range. If ETH respects the high range.
3) Do The Risk Management.
DYOR.
I'm bearish in higher Time frames. And buy ranges are 400-800$.
Should You buy an #Aptos?Estimated price per token of the funds: 2$-3$
(Yellow block)
Prime cost of $APT: 0,70$
(Cyan dashed line)
Right now there are only 130M $APT in circulation and the pressure on the price can only be exerted by the people who got the airdrop.
These tokens are likely to be bought back so the price doesn't drop too much.
This way it will be possible to pump $APT where staking rewards will be sold. At the moment 823M of $APT are staked.
I already have $APT in hand for the airdrop.
2/3 have been sold and 1/3 of $APT remain for perspective.
If $APT drops then I have defined for myself an area for future purchases.
Area for my future purchases: 4$-6$
(Green block)
MMM capitulation almost here?!Similar to the SPX/ ES1 and Disney charts (among others), we seem to be on the verge of the scariest but best time to buy. Whether it's a bull-spring (fakeout) or an extended structure below the critical support of ~$124.7, looking left so-to-speak indicates that decades from now we will see these next few months as one of the best times to invest reasonable amounts into fundamentally strong investments. nfa dyor
Quick coin analysis before buyingBINANCE:BTCUSDT
How to evaluate the tokenomics of the project?
Below you will find the main questions that you need to ask yourself when analyzing the tokenomics of the project - this scheme will not predict the price of the token with an accuracy of a cent, but it will help to predict the dynamics and assess the prospects.
1. Supply
Main question: based on supply alone, will the token be able to maintain/increase the price, or will it be eroded by inflation?
General supply
— How many tokens exist today?
How many will there be in the future? Is there a supply limit?
Emission rates
Is the emission rate fixed or changing?
— If it changes, what factors determine it?
Allocations/vesting
— How was supply originally distributed among investors, community, team? Are there any groups that own a significant share of the supply and could exert significant selling pressure after vesting ends?
— What is the vesting schedule for the largest holders?
2. Demand
Main question: why would anyone hold this token?
ROI
- Without taking into account the price increase, what income does a simple hold of a token bring (for example, due to staking)?
— Is it possible to get additional profit through farming?
— Are protocol revenues distributed among token holders?
— Is there a rebase* as inflation progresses?
* A rebase is similar to a stock split, when holding or staking a token allows the owner to increase its amount, thereby compensating for the impact of inflation (for example, a mechanism when the share of ownership of a supply remains unchanged).
Community
How active are Discord and Twitter of the project?
— Is there an ecosystem fund? Grants? Hackathons?
— How actively is the protocol working on community involvement?
— Are there one-time or ongoing initiatives to create additional demand for the token?
— Is there a token blocking program? If yes, how many awards are allocated to it and what are the requirements for receiving these awards?
— What share of the total number of tokens in circulation is locked?
— What additional selling pressure will arise after the expiration of locks?
Are there non-monetary benefits from staking and locking tokens (e.g. increased voting power)?
It is worth noting that even taking into account all these factors does not in itself guarantee the growth of the token or the success of the project, but is only one of the necessary aspects, in addition to the market phase, hype around a particular direction, and others.
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More SHORT for BTCFrom this daily timeframe chart we could see BTC on a up trend until it broke 42k January 2022 . We could see a Retracement after the breakout to confirm more downtrend.
Also BTC just completed a head and shoulders pattern and we are likely to see a downward movement to 15k, 10k or even 5k
#DYOR
I like Injective, we will see many ATHs for INJ next years! BULLI like INJECTIVE PROTOCOL, its an amazing DEX & Binance is a partner! Team and Community are very nice, so smart people.
Price right now accumulating and I would predict $17 INJ if crypto market recovers this year.
Anyway, I bought and I keep buying $INJ at these prices, very cheap for me.
I am a nINJa :) Buy, stake & HODL.
Always #DYOR
Injective.com
twitter.com/InjectiveLabs
BTC OUTLOOK STILL BEARISHi think BTC still bearish, as we know the price still under the kumo cloud, and i think it will retest to area 45 - 46 (as shown at chart)
then, if it success retest, i think the target price is on area (35,9 - 34,2) or for the worst case (29-26).
i didn't mean to share FUD but it's only my personal analysis, not financial advice!
BTC - 4H (BIAS- BEARISH) 21.12.20BTC failed to create HL(higher low) as I mentioned on my previous post. Instead created a key support at 46k area. However at current price action BTC is creating descending triangle which is considered as bearish pattern but break above the pattern is also possible. To confirm the move a breakout is a must.
NOTE: I am not financial advisor. This is all based on my opinion, price might still go the other way, it is always better to manage your risk first before entering a trade.
ETH - 4H(BIAS: SIDEWAYS)21.12.16As advised from my previous post, confirmation is necessary to confirm the bearish trend of ETH specifically if it will respect the 3853 area(support turned resistance). Patience is the key! We can see on the current price action that we had a bear trap and evidence of price failure to break below 3669 area(with arrows). This opens up a possibility of price bounce up to 4784 area to confirm this move we must wait price to create HL(higher Low. This would be also the ideal long entry for short term trade. My overall sentiment is still sideways unless we see a clear break out on major key levels.
NOTE: I am not financial advisor. This is all based on my opinion, price might still go the other way, it is always better to manage your risk first before entering a trade.
BTC - 4H (BIAS- BEARISH) 21.12.16As mention on my post last 21.12.14 Since we observed bearish depletion we might see BTC price bounce up to 52030 area. If you also check the area with arrows we can see the evidence of price failure to break below 46241 area. We can confirm this move once it created HL(Higher low). This would be also ideal long entry for short term trade, conservative TP would be lower than 52K area. As price might respect the 52030 resistance and continue its overall sentiment which is bearish (You can also short entry here).
NOTE: I am not financial advisor. This is all based on my opinion, price might still go the other way, it is always better to manage your risk first before entering a trade.