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vidy/usdt technical analysis 21 july 2021

Bullish trendline building over 30 minutes time frame , there is a resistance ahead at the horizontal line , if broken , the bullish trend will continue till next resistance area around 0.0019$ 

Crypto crash ending soon?

Crypto currencies have fallen almost 50% this month. With top currencies like bitcoin and etherum reaching levels not seen in a year. I believe those levels represent critical support and we will see marvellous rebound from current areas. Etherum will definitely recover from early nineties , possibly around 95$ . The rebound may continue till 600$ . No change in fundamentals , however we might see some great projects coming live soon and possible mass acceptance for bitcoin and etherum in the retail world. We still have a big war running between card processors and crypto processors. The rebound will be technical mainly.

Etherum will recover soon

Etherum , the second most popular crypto currency after bitcoin and the platform for smart contracts technology slid from 300$ to 184$ at the time of writing this post. The fall took just 48 hours or so. However , there is a bullish divergence on the RSI ( relative strength index) and it says that etherum might recover sooner than we think. Current area is a good one to get long and start adding more if we get to 85$ ...because finally , we will get back to 300$ atleast at year end. So you may double your money on that trade. It is just a game of wait and see . Financial markets are all about timing. Remember to follow me for updates on this trade and more . keep checking the blog or simply subscribe by email to get the updates . My twitter handle : @b4borio

Bitcoin finds support at 6300$

Bitcoin is currently trading at 6400$ slightly over the horizontal support area at 6300$ . Rsi (relative strength index) is showing positive signal trending higher on the 1h chart. Buy at current levels with target 6700$ atleast. Follow me for more updates on trading crypto and fiat currencies. My twitter handle : @b4borio

Ripple ($xrp) keeps falling

Ripple ($xrp) keeps falling after breaking the critical support at 1.05$ , it just keeps bleeding and it is currently trading at 72 cents. Selling your ripples when I told you at 1.14$ would have saved 40% ...so if you had 1000 ripples , you can now buy 1400 ripple and have much room for growth. Keep following for updates

XRP/USDT not able to break 1.14$

The double bottom formed earlier last week at 1.14$ is turning into sniffing resistance and ripple is not able to break above it. $XRP is currently trading at 1.12$ stuck between support at 1.05$ and resistance at 1.14$ .Watch out for a break either above the resistance or below the support.

Ripple broke the bullish Trendline

Ripple ($XRP) broke the trendline which was supporting the pair so far. Currently trading 1.17$ Be careful ,as we might now break the 1.14$ critical support and might dip to 1.05$ if broken. I prefer waiting till we break the bearish trend-line. Keep following for updates.

Ripple : XRP Supported by Rising Trend line

XRP/USDT tested the rising trend line at 1.25$ and currently rebounding to 1.27$ , Stay long till we test bearish trend line again possibly at 1.34$. Ripple has tested the bearish trend line earlier but failed to break and as I mentioned earlier we are currently witnessing a war between the bulls (rising trend line ) and bears with bearish trend line. The angle lies at 1.30$ where it will forced to break either direction.So  stay long unless we break below the rising trend-line , next support will be 1.14$. Keep following for updates.

Ripple : XRP stalled at resistance

Ripple challenged the last bearish trend-line but failed to break at 1.39$ , XRP is currently retesting the rising trend line from yesterday as shown below. So it is now a war between two trend lines (war between the bears and the bulls) , lets see which one will win.

Ripple : XRP rebounds from 1.23$

As posted earlier we have a rising trend line which has been tested and proved to be as of strong support for the pair . Support currently can be found 1.14$ , while resistance lies at 1.55$ area followed by 2.30$ area. So , keep holding your ripples till 1.55$ area and lets see how the pair will react to that level. Today's high was 1.3060$ while lows were at 1.23$ area. So keep those levels in mind and we are trading actively above the 200 MA  on the 30 minutes chart.

Ripple : Will Test Rising Trend line

Ripple (XRP) is going to test the rising trend-line shown below in the chart and is currently testing the 200 Moving average on the 30 minutes chart as well. I am still bullish on the pair (XRP/USDT) as long as we don't close below 1.23$ on any 30 minutes candle. First resistance will be around 1.55$ area , while on the downside if we break 1.23$ , we will have 1.14$ where it formed double bottom followed by 1.05$ critical support. Keep following for updates.

Ripple (XRP) : Broken Trend line Retested

Earlier today , Ripple ($XRP) broke a bearish trendline on the 30 minutes chart and trading over the 200 MA with eyes on 1.55$ area as first target. The pair is retesting the broken trend line at 1.27$ area and if successfully rebounds , then no doubt we will see a 20% rally today . So for the moment keep your eyes on 1.27$ on the 30 minutes chart.

XRP broke the trendline

Ripple (XRP) broke the bearish trendline. Now we will have Some bullish build up. Stay long and follow me for updates on this trade and other trade set ups. Next resistance will be around 1.28$

GNT/BTC technical analysis 27-1-18

Golem (GNT/BTC) is about to start a bullish reversal and it is time to go really long. This area proves to have been a great resistance for the which it  broke a month ago and it has been testing it now. Your exit will be on a daily close below 0.000047btc  First resistance at .000052 where 200 SMA lies , your target should be around .000065 . Golem is the first global market for idle computer power " https://golem.network /" 

Bitcoin will rebound ?

Technical analysis of #bitcoin shows that it has been stuck in the area between 10k and 11.5k . A break above 11500$ will start a bullish trend and a break below 9700$ will start a bearish trend. So keep those limits in mind. A break above will help it continue to 14000$- 15000$ , while a break below 9700$ will clear the way to 6500$ . So you can long at current area around 10400$ and sell if we break 9700$ with target 1400$ .

Xrp/ripple holding gains at 1.30$

Xrp/usd (ripple) has been consolidating for two days now after surging from 85 cents to 1.60$ The pair lost momentum and returned to test 50% retracment level of the move . Most probable we will have another leg up towards 2.10$ area before falling back again , so it is preferred to go long at current area targeting a 60% gain. Stay tuned for updates on this trade and more trading recommendations .

bitshares technical analysis and forecast

BTS/BTC is currently trading at 0.00008423 on poloniex exchange platform. The Pair is just sliding below 200 SMA and 200 EMA. Next area of support for the pair is around .00006900 , The pair is supported by a rising trend line and will probably retest the area of 0.00012000. Bitshares has a circulating supply of 2,596,520,000 BTS and it is traded actively on poloniex and bittrex which are very trusted exchanges. Built using the latest in industry research, BitShares 2.0 offers a stack of financial services including exchange and banking on a blockchain. Reference : https://bitshares.org/

Ripple technical analysis 1/7/2017

Ripple (XRP) is currently consolidating against bitcoin (.00010040) area , A daily close above .00011000 will clear the path for XRP to make further gains and target .00014 level and above. XRP/BTC is still trading below the 200 SMA and EMA , However it is supported by the lower bandwidth of bollinger bands and it is in a consolidation phase before resuming its rally. Ripple block-chain technology which helps banks and financial institutions make fast international transfer in just few seconds has partnered with both Japanese and Thailand banks this week,. That partnership may help be a catalyst for a further rally to break 1$ and above in the coming month.

cryptocurrency for fundraising

Bitcoins and altcoins are now being used as a source for fundraising . New startups are using the block-chain technology to fund their companies in more decentralized way. That obstacle of finding funding sources blocked many tech startups from gaining customers and running the business. Now new startups can use block-chain technology to create new way for collecting funds needed for their companies to start running. For example startup Mastercoin managed to raise $500k back in 2013 which is based on bitcoin block chain. Another astonishing example is DAO "Decentralized Autonomous organization" which was built on etherum block chain raised an equivalent of $150 million last year. Startups manage to raise money using "ICO" which stands for initial coin offerings. this year so far there has been around 25 icos which raised around $160 million. Initial coin offerings are selling or offering tokens "coins" to users or investors in exchange for a service or...

How Can you trade bitcoin and etherum

The market of crypto currencies will takeover the market of fiat currency "FX market" sooner or later. There are over 750digital currency and most of them are trading actively everyday. The market is very volatile compared to forex markets and that is a good reason for you not to use leverage . Using leverage or margin trading is the main reason for accounts liquidation. So , you can satisfy your greed for making large profits in short time by trading digital currencies without using leverage or margin trading. For one instant , Etherum made 100% profit during the last 10 days. it is not the only case here , we have siacoin, bytecoin , digibyte and many more doubled their price over just few hours and it is not a rare case. Markets move very vast and there is a big room for trading opportunities. There are many reputable and trusted crypto exchanges that you can use to start trading ; bitfinex , bittrex , poloniex , cex.io , coinbase and many more. For reference on the...