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Btcusdlong

ETHUSD LONG POSITIONHello traders, Here in ETHUSD prices are now almost at it's support lvl around 800-1000 USD here we can enter for the short term entry with target of 1500-2000$. from the technical analysis it near at 200 DMA which is strong support zone for ethusd @800-1000 USD. Enter in the trade after today's fed interest rate declared at 23:30 IST. BUY ETHUSD @800-1000 USD TARGET 1=> 1300 2=> 1500 3=> 1800 4=> 2000 5=> 3500-4000 USD SL:- THERE IS NO STOPLOSS IN THIS TRADE AS ETHERIUM IS TRADING AT IT'S LOWEST LVL SINCE 2020 ONLY TAKE THIS TRADE WHO HAVE PATIENCE TO WAIT THIS IS 100% CHANCE OF PRICE REBOUND AS IT'S OLD CRYPTO CURRENCY SAME SCENARIO IN BTCUSD FOR BTCUSD BUY PRICE IS AT 18000-20000 USD AND CAN BE HOLD TILL 30000-50000 USD IN SHORT TERM WITH IN 3-6 MONTHS. Wish you best of luck follow for more updates 😘 Happy investing & successful trading to all.
COINBASE:ETHUSDLong
by forexmaster786
What 1-hour chart says? Fundamental Development:- Cryptocurrency lending firm Celsius Network will pause withdrawals and transfers between accounts due to "extreme market conditions", the company said on Monday, in the latest sign of pressure in the crypto industry.Bitcoin extended earlier declines after Celsius's announcement, falling more than 6% to as low as $24,888, an 18-month low. Ether, the world's second-largest cryptocurrency, dropped more than 8% to $1,303, its lowest since March 2021."We are taking this necessary action . in order to stabilize liquidity and operations while we take steps to preserve and protect assets. ."Furthermore, customers will continue to accrue rewards during the pause in line with our commitment to our customers."Celsius Network, which raised $750 million in funding late last year, is a significant player in crypto lending. It offers interest-bearing products to customers who deposit their cryptocurrencies with the company. Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $25,200-$25,900 ranges. MACD indicator also indicating negative biased for BTCUSD. BTC is made low 24,900 and now consolidating within a range. Yesterday it made high near $28,500 and then it continue to declined. Bitcoin is struggling to gain momentum above $28,300 . Alternative Scenario: If Bitcoin fails to clear the $26700 resistance zone, it could start another decline. An immediate support on the downside is near the $25,000 level.
BINANCE:BTCUSD
by eva236220
BTCUSD Trading Plan - 12/Jun/2022Hello Traders, Hope you all are doing good!! I expect BTCUSD to go UP if it corrects here. Look for your BUY setups. *This BUY is risky and I am biased only for short term upside, if you dont know how to manage your trade, dont take the risk now and wait for it to break the last low for HPB. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
BITSTAMP:BTCUSDLong
by For3xScalper
What 1-hour chart says? Fundamental Development:- Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year on year.Leading the gains are Decentraland’s MANA (up 41%), The Sandbox’s SAND (up 470%), Axie Infinity’s Axie Infinity Shards (AXS) (up 511%), and Stepn’s GMT (up 746%), according to data from Kraken Intelligence and CoinGecko’s May 2022 market report. Metaverse tokens can be used to pay fees, buy land and participate in governance. Blockchain-based gaming using nonfungible tokens (NFT) and metaverse platforms has remained tremendously popular throughout 2022. Despite slumping prices across the market, usership among those games has remained consistent at about 1 million users per day, according to data from decentralized application tracker DappRadar. The Kraken report pointed out that although May saw flat daily usership, “NFT volume saw a large decrease with daily volume dropping -87.1%.”Every category tracked by Kraken’s report, including metaverse and exchange tokens, experienced negative returns over the past 30 days and 90 days. Metaverse tokens were among the worst losers over the past 30 days, dropping 42%, with by far the highest volatility at 173%.Despite the short-term price action, money is pouring in to fund the sector. DAppRadar’s Q1 games report noted that $2.5 billion was raised in support of blockchain games and Metaverse projects in the first quarter of 2022. Investors were eager to back games, according to the report, as 52% of all block chain activity came from game DApps: Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $30,800-$29,800 ranges.BTC is made low 29,800 and now consolidating within a range. Yesterday it made high near $31,500 and then it continue to decline from 200 simple moving averages. Bitcoin is struggling to gain momentum above $31,600. Alternative Scenario: If Bitcoin fails to clear the $30,800 resistance zone, it could start another decline. An immediate support on the downside is near the $29,800 level.
BINANCE:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development:- New York governor Kathy Hochul is yet to publicly commit to signing the controversial Proof-of-Work (PoW) crypto mining ban bill, instead noting that her team will be looking “very closely” at the proposal over the next few months.If she signs the bill into law, PoW crypto mining operations backed by fossil fuels would no longer be able to set up shop or renew existing licenses in New York. Under the new regulations, only PoW operations backed by 100% renewable energy would be able to operate.The New York State Senate passed the bill on June 3 to the dismay of members in the crypto community, meaning the fate of the bill is now in the hands of Governor Hochul who has the power to approve or veto the legislation.At this stage, it appears that the Democrat has no intentions of rushing the decision and she may have bigger fish to fry with the upcoming primary election on June 28.During a news conference on Tuesday, Hochul opted not to draw a line in the sand regarding the PoW ban, as she suggested the deliberation process could take a few months:“We’ll be looking at all the bills very, very closely. We have a lot of work to do over the next six months.” Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $30,500-$31,600 ranges.BTC is made low 29,150 and now consolidating within a range. Yesterday it made high near $31,540 and then it continue to declined to near $29,600 range. Bitcoin is struggling to gain momentum above $31,500. Alternative Scenario: If Bitcoin fails to clear the $31,500 resistance zone, it could start another decline. An immediate support on the downside is near the $29,300 level.
BINANCE:BTCUSD
by eva236220
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (29906.37). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 74. Take Profits: TP1= @ 31457.46 TP2= @ 32673.24 TP3= @ 34344.46 TP4= @ 36193.81 TP5= @ 37583.56 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
What 1-hour chart says? Fundamental Development: - Data from Coin telegraph Markets Pro and Trading View flagged the largest cryptocurrency heading for nine weeks of downtrend in a row — the most in history. Already at a dubious record, Bitcoin’s weekly chart closes provided the backdrop to a weakness that continued to disappoint analysts over the weekend. Even stock markets, troubled by central bank tightening, managed to put in gains over the week, while Bitcoin and the majority of altcoins added to losses.“Most concerning has been the divergence between Equities and Crypto. S&P and NASDAQ have traded about 10% higher since 20 May lows while both BTC and ETH have traded lower in the same period,” trading firm QCP Capital wrote to subscribers of its markets newsletter, the latest edition of which was released on May 29:“This is not the direction of decoupling we were hoping for! QCP echoed existing sentiment over Bitcoin’s under performance compared to previously highly-correlated equities. Continuing the idea, popular Twitter account Il Capo of Crypto forecast fresh pressure thanks to those indexes now encountering sell-side friction of their own.“Last time SPX rallied making a new high while $BTC was making lower highs, we saw bearish continuation once SPX reversed. Now SPX is at resistance,” a post on the day read. Short Term Technical View: BTC is trading below 200 simple moving averages and it is trading in a very tight range between $27,900 to $31,900. BTC is currently trading around $30,500-$30,600. An immediate resistance on the upside is near the $30,850 level. The next major resistance is near the $31,600 level. A clear move above the $30,850 resistance level might call for a trend change. If Bitcoin fails to clear the $30,850 resistance zone, it could start a downside correction. An immediate support on the downside is near the $29,500 level. Alternative Scenario: If Bitcoin fails to clear the $30,850 resistance zone, it could start another decline. An immediate support on the downside is near the $29,500 level.
BINANCE:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development: The primary use case for cryptocurrency in most wealthy countries is acquiring it and holding it, trading it, or using it in various other ways to make more money. In the developing world, where access to financial and banking systems is limited or nonexistent, innovative humanitarian organizations are piloting micro-blockchain ecosystems.In the summer of 2021, Hope for Haiti was ready to launch a cryptocurrency pilot program to provide 150 mothers with cellphones, digital wallets and payment cards that use near-field communication technology. Each mom participating in its community nutrition program was set to receive $50 per month in cUSD for six months to spend on family essentials. A select group of local vendors was trained to use the system and poised to accept the cryptocurrency payments. On Aug. 14, a magnitude 7.2 earthquake rocked Haitis Tiburon Peninsula, decimating the area. Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $30,600-$28,800 ranges.BTC is made low 29,300 and now consolidating within a range. Yesterday it made high near $23,190 and then it continue to climbed up to near 200 simple moving average. Bitcoin is struggling to gain momentum above $30,500. Alternative Scenario: If Bitcoin fails to clear the $30,150 resistance zone, it could start another decline. An immediate support on the downside is near the $29,500 level.
BINANCE:BTCUSD
by eva236220
2
What 1-hour chart says? Fundamental Development: If all goes to plan Wednesday’s SpaceX rocket launch in Florida will blast a “crypto-satellite” into low Earth orbit, paving the way for secure blockchain-related cryptography in spaceCryptosat, as the name hints, is the company which created “Crypto1”, a crypto-satellite module hitching a ride aboard a Falcon 9 rocket for SpaceX’s Transporter 5 mission. The blockchain satellite technology has already been trialed on the International Space Station.“We're basically joining the Uber of spaceflight,” co-founder of Cryptosat Yonatan Winetraub told Coin telegraph, “Everybody goes into the same orbit and we're one of the passengers.”“SpaceX launch a bunch of satellites, each one of them is doing something else,” he added, “It doesn't matter for our service, we are hoping to use our satellite to provide cryptographic services for our customers here on Earth which won’t interfere with the other satellites at all.”The Crypto1 satellite is a coffee mug sized module created using over-the-counter parts. In space it will provide a physically unreachable and tamper-proof platform from which blockchain and ledger applications can be launched.Co-founder Yan Michalevsky said this type of platform is the first off-world “root-of-trust” – a source which can always be trusted within a cryptographic system – which is “not dependent on other satellites by other companies” but actually provides the hardware in orbit, adding: Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $30,600-$28,800 ranges.BTC is made low 28,600 and now consolidating within a range. Yesterday it made high near $29,600 and then it continue to climbed up to near 200 simple moving average. Bitcoin is struggling to gain momentum above $30,500. Alternative Scenario: If bitcoin fails to clear the $30,200 resistance zone, it could start another decline. An immediate support on the downside is near the $29,100 level.
BITSTAMP:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development: Core Ethereum (ETH) developer Tim Beiko has outlined a series of suggestions and expectations about the upcoming Merge for application and protocol developers on Ethereum.For the average users of apps and protocols, Beiko simply suggested testing things out to ensure nothing is broken as more tests are executed. The Merge is the highly complex and long-awaited moment when the Ethereum network switches from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus. At that point, it will be known as "Consensus Layer" and is expected to occur in August this year.Testing on several testnets has been focused on ensuring there are no cross-client issues or that existing applications don’t entirely break after the Merge. Beiko pointed out in a separate Twitter thread that such problems are likely to be rare because “99% of changes affect the protocol layer,” while “there are almost no changes done to the application layer. Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $29,400-$29,200 ranges.BTC is made low 28,850 and now consolidating within a range. Yesterday it made low near $28,850 and then it continue to climb up to near 200 simple moving averages. Bitcoin is struggling to gain momentum above $30,500.The price is now trading near the $29,250 level and the 200 hourly simple moving averages. The first major support is near the $28,600 level. The main support sits near the $29,000 level. A clear move below the $28,500 support zone may perhaps start a major decline. Alternative Scenario: if Bitcoin fails to gain pace above the $30,500 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $28,800 level and the next major support is near the $28,600 level.
BITSTAMP:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development: Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping to establish the network, then vanishing without so much as a trace. Over the years, the crypto ecosystem has seen many developers and protocol creators’ rise in stature to become crypto messiahs for faithful holders who eventually have their best-laid plans end in catastrophe when the protocol is hacked, rugged or abandoned by whimsical developers.2022 is hardly halfway complete and the year has already seen a particularly bad stretch of good intentions gone awry, which have collectively helped plunge the market into bear-market territory. Here’s a closer look at each of these instances to help provide insight into how similar outcomes can be avoided in the future. Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $30,400-$30,500 ranges.BTC is made low 28,700 and now consolidating within a range. Yesterday it made High near $30,280 and then it continue to climbed up to near 200 simple moving average. Bitcoin is struggling to gain momentum above $30,500.The price is now trading near the $30,400 level and the 200 hourly simple moving averages. Alternative Scenario: if Bitcoin fails to gain pace above the $30,500 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $29,800 level and the next major support is near the $29,000 level.
BITSTAMP:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development: Cardano (ADA) leads by a wide margin in a Twitter poll by the crypto community on May 18, 2022, getting 82% of votes over three other altcoins.A Twitter user with 26.7k followers ran a poll requesting people to vote for the coin they believe will remain until 2030. Along with ADA, they listed Solana (SOL), Avalanche (AVAX), and Algorand (ALGO). At the time of writing, 12,983 Twitter users voted. 82% of the respondents favored Cardano’s ADA, while only 3% picked Avalanche.However, a commenter expressed zero confidence in the four listed tokens. Citing the unfortunate implosion of Terra (LUNA). They said their conviction remains with Bitcoin (BTC) and Ethereum (ETH).While it is impractical to tell which coin is the next Bitcoin, experts have parameters in place to vet the sustainability of a crypto project. The sustainability of a coin may be from its use cases, team, web presence, community, etc. The Case for Cardano Cardano has a community of 1.3 million followers on Twitter. Its blockchain was developed by Charles Hoskinson, the co-founder of the Ethereum network. From its official website, Cardano claims to be a blockchain platform for change makers, innovators, and visionaries, with the tools and technologies to bring about positive global change. Its blockchain can authenticate pharmaceutical products to eliminate the risk of buying counterfeit drugs, among other fascinating use cases.Nonetheless, every cryptocurrency has a reason to exist. It may exist as a payment method like BTC, or a utility token, like ETH, to verify transactions on a blockchain. The absence of a use case for a coin is a strong indication of something fishy.A crypto project’s website and social media presence also gauge its activity level and give an insight into the project. Knowing the team behind a project adds an extra layer of credibility to the project. All of these are true for Cardano (ADA). Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $31,400-$28,400 ranges.BTC is made low 25,200 and now consolidating within a range. Yesterday it made low near $28,600 and then it continue to climbed up to near 200 simple moving average. Bitcoin is struggling to gain momentum above $30,500.The price is now trading near the $29,800 level and the 200 hourly simple moving averages. Alternative Scenario: if Bitcoin fails to gain pace above the $30,500 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $28,800 level and the next major support is near the $28,300 level.
BITSTAMP:BTCUSD
by eva236220
BTCUSD Trading Plan - 18/May/2022Hello Traders, Hope you all are doing good!! I expect BTC to go up after spending some more time in this correction. Short term Buy for now. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
BITSTAMP:BTCUSDLong
by For3xScalper
1
What 1-hour chart says? Fundamental Development: During a recent event hosted by The Wall Street Journal, Bank of England Jon Cunliffe opined that retail investors do not actually understand cryptocurrencies. He added that cryptocurrency buyers could end up losing all their money since digital assets are highly speculative. The oft-repeated warning is highly relevant in the wake of the collapse of the Terra protocol. Its native LUNA token plunged to zero in days, impoverishing its investors. Cunliffe believes that digital assets have no intrinsic value, which is why they fluctuate depending on market sentiment. He added that cryptocurrencies are not actually viewed as a financial investment by retail investors. The BoE official has added that cryptocurrencies should be treated as risky securities. The total cryptocurrency market capitalization currently stands at $1.29 billion. Short Term Technical View: On daily time frame BTC is trading below 200 simple moving averages and trading between $30,900-$29,200 ranges. Yesterday it made high near $30,700 resistance zone and then it fell down sharply and found support near $29,300 support zone. Bitcoin is struggling to gain momentum above $30,500 and $30,700.The price is now trading near the $29,800 level and the 200 hourly simple moving averages. Alternative Scenario: if Bitcoin fails to gain pace above the $30,700 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $29,300 level and the next major support is near the $28,700 level.
BITSTAMP:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development: During a recent event hosted by The Wall Street Journal, Bank of England Jon Cunliffe opined that retail investors do not actually understand cryptocurrencies. He added that cryptocurrency buyers could end up losing all their money since digital assets are highly speculative. The oft-repeated warning is highly relevant in the wake of the collapse of the Terra protocol. Its native LUNA token plunged to zero in days, impoverishing its investors. Cunliffe believes that digital assets have no intrinsic value, which is why they fluctuate depending on market sentiment. He added that cryptocurrencies are not actually viewed as a financial investment by retail investors. The BoE official has added that cryptocurrencies should be treated as risky securities. The total cryptocurrency market capitalization currently stands at $1.29 billion. Short Term Technical View: On daily time frame BTC is trading below 200 simple moving averages and trading between $30,900-$29,200 ranges. Yesterday it made high near $30,700 resistance zone and then it fell down sharply and found support near $29,300 support zone. Bitcoin is struggling to gain momentum above $30,500 and $30,700.The price is now trading near the $29,800 level and the 200 hourly simple moving averages. Alternative Scenario: if Bitcoin fails to gain pace above the $30,700 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $29,300 level and the next major support is near the $28,700 level.
BITSTAMP:BTCUSD
by eva236220
1
Trading Signal For BTCUSDT Bitcoin Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin . Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 30823.00 ⭕️SL @ 29620.00 🔵TP1 @ 32846.00 🔵TP2 @ 34878.00 🔵TP3 @ 38003.00 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal