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Cryptotading

UNFI/USDT Touched it the key area, UNFI ready to bounce ??💎 UNFI recently experienced a notable bounce after encountering the Bullish Order Block (OB) area, sparking speculations about its potential trajectory. Market participants are now closely watching whether UNFI might revisit the Bullish OB area as part of its path to testing higher resistance levels. 💎 The supply area, situated ahead of UNFI, is emerging as a critical juncture. Should UNFI effectively break through this barrier, it could pave the way for the asset to approach our designated bearish OB target area, signaling a probability upward trend shift. 💎 However, the scenario remains tenuous. If UNFI encounters resistance at the supply area and fails to surpass it, this could trigger a reversal, sending the asset back towards the Bullish OB area. Such a movement would indicate a significant shift in market dynamics and sentiment. 💎 The integrity of the Bullish OB area underpins this scenario's criticality. A breakdown below this level would confirm a bearish trend for UNFI, potentially leading to further declines. This outcome would necessitate close monitoring for signs of sustained bearish momentum or a reversal.
U
by MyCryptoParadise_Nathan
1
📈🔥Analyze DOGE / USDT 1D 📈🔥Hi guys I have done my best to get the best possible result in this chart, do not consider it as a financial recommendation. There is a downside channel in the daily time. and we are waiting to see what will happen in the market. what do you think ? Follow me if you want to get the latest changes - signals.✅🚀 This chart will most likely help you make better business decisions if you vote yes to this chart.✅🚀 I would also like to know my charts and comments in the comments section.✅🚀
by adswint
1
Bitcoin Cash (BCHBTC) - Trade IdeaThis is a Mean Reversion trade idea. It is a rather rare trade for me, as I don't like holding mean reversion trades for long periods of time. As always, the idea is to buy low and sell at a higher price, close to the mean or fair price. In this longer term trade, target is a major S/R level for Bitcoin Cash. I will manage this trade accordingly and probably decrease risk earlier than target, depending on market behavior. The low volatility, the price/momentum divergence, the R:R of the trade and the overall market behavior aligned for me to take this trade.
BLong
by rolesnioc
1
NEO tracker: only 194.000 holder addresses Which isn’t a lot of people and there are probabbly less individuals. It’s also a good indication to adoption. Lets see if this dip will increase it. I agree that 194,000 isn't a lot when you consider potential global adoption. But I think you should take a look at the equivalent stats for other crypto projects: you'll find that many have fewer users than you might expect. Crypto remains an extremely niche product, which of course is the main issue it faces today. Two other things to consider, many could hold their assets on an exchange, so the total number of holders is larger than the number of addresses visible on the tracker. But that is true of all crypto projects. Something that is unique to NEO is it's indivisible. In other blockchains, you'll find that a LARGE number of wallet addresses contain only tiny fractions of the asset that have been left behind; that is, they show up as an address holding the asset, even though they're actually dead and should be treated as 0. That isn't the case with NEO, and an address that contains 1 NEO is much more likely to still be in use than one that contains (say) 0.000273 OMG. The distribution of NEO among addresses lacks the 'long tail' of other blockchains, and therefore the 194K figure is much closer to an accurate estimate of wallets that are actually in use. Finally, to your point about the number increasing during the dip: I'd say that's unlikely. Most casual investors don't buy when there's blood on the streets. This is not unique to NEO; you see this pattern in all projects. Conversely, when times are good, you see the number of wallets increase as casual investors FOMO in and the whales take some profits at their expense.
BITFINEX:NEOUSD
by kris_pad
BTCUSD - fork after forkThis week the markets were told of the SegWit2x process suspension, which was to double the size of the block. Suspension was announced in an email by Mike Belshe. He reported that SegWit2x was suspended due to a lack of consensus on the network. The response to these reports was reaching new peaks by the BTC, and after that a strong correction that continues to this day. Many investors were hoping to get more free coins after another fork. In addition, at present, the Bitcoin network has overdue more than 174,000 unconfirmed transactions with an increase in fees. Capitalization of the cryptocurrencies market has decreased to 199 billion USD, of which BTC's dominance is currently almost 51.5%. It decreased by about 11% within a week. Bitcoin, since 2X suspension has been announced, notes continuous decline in favor of Bitcoin Cash. This can be characterized as one of the largest capital migrations in the cryptocurrencies market. BCH, the alternative Bitcoin cryptocurrency developed in August during the fork, doubled its value within 24 hours after announcing the SegWit2x information. Within two days its value has increased four times. Many speculators have argued that it is Bitcoin Cash that will now be the main bitcoin. At one point, BCH jumped to second place in the cryptocurrencies ranking while for a long time people were debating when Ethereum would become that number one. Vitalik Buterin, creator of ETH, wrote his congratulations on twitter. Coming back to the charts. A week ago, we reported a potential TP of 7775 USD and a possible bigger correction from this level. The end of the correction was set at around 6500 USD. Looking at the graph below you can see that level 7775 was hit, but the correction reached levels much lower than we expected. We arrived to a place from the Bitcoin Gold fork. Our long position from $ 5200 was closed on a stop loss hedge at 7000 USD, generating a profit of 34.6%. It seems that this may already be the end of the correction. This place is a lifting of 50% of the total growth of the impulse ongoin till 15th September. The upward trend is continuing in the long run. Below we present a scenario to join the upswing. Buy after pounding 6350 USD and his test from the top.
BITFINEX:BTCUSDLong
by jpktraders