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analyst75

Market Wizard
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Everything posted by analyst75

  1. LUCKY BLOCK MARKET PREDICTION: LBLOCK/USD ANTICIPATES AN IMMINENT UPRISING Lucky Block Market Prediction – April 13 The Lucky Block market prediction is for an imminent uprising as the price touches down at the $0.00246460 key support level. LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart) Key Levels: Supply Zones: $0.00378260, $0.00324440, $0.00272320 Demand Zones: $0.00272320, $0.00246460, $0.00222220 LBLOCK/USD is currently anticipating an imminent uprising as it drops lower. The market’s downward slide is an opportunity to accommodate more buy traders are low price levels. There is a good chance that the market’s uprising will begin from its current support level at $0.00246460 or a more substantial confluence level just below the current level. Lucky Block Market Prediction: LBLOCK/USD Is Gathering Momentum for an Uprising In a bid for the market to return under their dominance, the buy-traders have stopped directly pushing against the $0.00304100 resistance zone. Instead, the bulls have allowed a drop in the price to accommodate more market investors. The lower the price, the more buy-traders are added, and the greater the probability of an imminent uprising. The market failed to rally at $0.00272320 and has dropped to $0.00246460, where bulls anticipate a price rise. A predominantly bearish MACD (Moving Average Convergence Divergence) chart shows reducing bearish momentum as its line gyrates closer to the zero level from below. LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart) The 5-minute chart shows that the price has been bouncing on the $0.00246460 significant support level. However, the squeeze of the Bollinger Band around the candles speaks of the current silent nature of the market. This is the same situation on the 30-minute chart. There is a more positive outlook for the bulls on the MACD chart. Its lines have shifted from predominantly bearish to fluctuating around the zero level. If the market fails to drive up from this level, it will drop to a more substantial level below, at $0.00222220, which contains a bullish confluence. Whenever the market rises, it will aim to break the $0.00304100 resistance level. Source: https://learn2.trade
  2. REGAINS BULLISH MOMKey Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) has been consolidating above $1,907 as it regains bullish momentum. XAUUSD is trading above the 50-day line moving average but below the 21-day line moving average. The market will trend when the moving average lines are breached. For instance, if the bears break below the 50-day line moving average, the downtrend will resume. The market will decline to the low of $1,844. On the upside, if the bulls break above the 21-day line moving average, Gold will rise to revisit the previous high of $2,040. However, the market will continue to consolidate if the range-bound levels remain unbroken. XAUUSD – Daily Chart Daily Chart Indicators Reading: Gold is at level 54 of the Relative Strength Index for period 14. It is now in the uptrend zone and capable of rising to the upside. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend. The price bars are between the moving averages indicating the range-bound move. Gold (XAUUSD) Medium-term bias: Bullish On the 4-hour chart, the Gold price is in an upward move. The uptrend has been stuck below the $1,960 resistance zone. Meanwhile, on March 23 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Gold will rise but reverse at level 1.272 Fibonacci extension or $1,956. From the price action, Gold has retested the level 1.272 Fibonacci extension and reversed it. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is above the 80% range of the daily stochastic. Gold is likely to face rejection as the market reaches the overbought region. The 21-day SMA and the 50-day SMA are sloping upward indicating the downtrend. General Outlook for Gold (XAUUSD) Gold’s (XAUUSD) price is in a sideways trend as it regains bullish momentum. The uptrend is facing rejection at the $1,960 high. The price indicator has shown that Gold is in the overbought region of the market. There is the possibility of price fall. Source: https://learn2.trade
  3. WHY I’M BULLISH ON “HISTORICAL” NF In 2020, the global NFT market did about $338 million in transaction volume. In 2021, it surpassed $41 billion. Meanwhile, the global physical collectibles market, including trading cards, games, toys, coins, etc., is a $370 billion market. If history is any indication, when a physical market goes digital, it eventually grows even bigger than the traditional market. For example, the e-commerce market is already bigger than the physical retail market. The digital entertainment market is bigger than the physical entertainment market. NFTs are unique because they combine several lucrative markets into one. Art + Collectibles + Luxury Goods + Gaming + Gambling Added up, these markets represent a $1 trillion+ opportunity. That’s why some analysts predict the digital collectibles market could be at least twice as big as the physical collectibles market in less than ten years. And, looking out further, the broader NFT market — with potential use-cases for everything from event tickets to supply chain tracking — could become bigger than the Internet. In short, there’s room to grow. But, here’s a harsh truth: About 99% of the digital collectible NFTs that exist today will go to zero. (By the way, that’s what James and I said in 2017 about the ICO market. Fact check: true.) That’s why, when it comes to NFTs, I focus almost exclusively on a certain class of NFTs… those with historical value. Let me explain why, and tell you about the first NFT I bought in 2017. Life of a Nomad I’ve been writing about, studying, and engaging in the cryptosphere since about 2012-2013. In 2014, as part of this journey, I gave up my apartment and started living a nomadic lifestyle, writing, traveling, learning, and seeing the world. For about five years, I made homes everywhere. Bangkok to Brazil. Texas to Tijuana. Lithuania to Little Rock. Malaysia to… the magnetic meridian. All over. Everywhere I went, I sought out the crypto communities. (And they were around, even back then.) It was beautiful, but got lonely. After year three, I felt like a ghost floating around the world, watching others grow roots and forge lasting relationships. Of course, I’m grateful I was able to do it before everything shut down and was hurled into chaos. But the lifestyle alone was chaotic enough. To scratch the surface… I escaped packs of wild dogs in Bangkok and a wild-eyed stalker in Kuala Lumpur. I found myself at the center of a psychedelic renaissance in Prague… and hitchhiked on a mustachioed bus with a random group of Canadians all along the West Coast. But nothing prepared me for South America… and my first foray into NFTs. Build a Blockchain In 2017, on a whim, I ended up in Brazil. There, I signed up for an alternative academy called Exosphere, where you could take unconventional classes on things like “How to Live on Mars,” “Biohacking 101,” and “How to Build a Blockchain.” I helped to build a blockchain-based voting system for a small village in Chile. No idea if they used it, but it worked. (Upon completion, I screamed “It’s alive! It’s alive! Now I know what it feels like to be God!” as my hunchbacked assistant stared at it in wonder.) In 2017, you’ll recall, Venezuela was crumbling. Hyperinflation. Shortages. Violence. Chaos. It was all over the news, and during a time when toilet paper shortages seemed unprecedented. In the middle of this chaos, however, I caught wind of a tiny technology company getting rich in Venezuela… from art on the blockchain. Huh? Turns out, a small group of Venezuelans were minting their Pepe the frog digital art on the Bitcoin blockchain and making bank. But the Venezuelans didn’t call them NFTs. Nobody had heard of “NFTs” back then. They called them Rare Pepes. [By the way, here’s a bit of trivia: The term “NFT” was coined in 2017 by Dieter Shirley, co-creator of CryptoKitties, the first NFT collection on Ethereum.] The Rarest Pepe Intrigued, I tracked them down and got their story. Bitcoin and Rare Pepe memes saved their small digital arts business. In fact, they were one of a few companies left in their once-thriving business district. The ring leader, John Villar (who, unfortunately, passed away last year), convinced me that art on the blockchain had a future. I had a feeling. I bought the first card from the collection for about $250. I then got a cheap notebook (Frozen-themed, because, strangely, kid’s notebooks were all I could find in Brazil at the time), and wrote down the seed phrase. I’m glad I did because of what happened next. Disaster Strikes A couple of months later, after a series of mishaps, I landed in Guatemala. There, a 5,000 pound boulder crashed through the roof of the house I was living in. It landed in bed with me. Instead of dying, which seemed like the only plausible option at the time, I fell out of bed. But instead of hitting the upstairs bedroom floor, which also seemed likely, I opted for another unlikely scenario: I fell out of the house completely and landed in the backyard. (The boulder landed downstairs in the kitchen, hovering above me, held back by a few strands of rebar.) You can actually see my bed underneath it. Sounds crazy, but it felt like I was pulled out from that house. Saved. Lady luck wasn’t as generous to my laptop. Though it was in my lap during the crash, I later found it downstairs in the kitchen, hiding underneath the boulder. But you know what else did survive? That Frozen notebook with the seed phrase for the Rare Pepe card. Untouched. (Always write down your seed phrases! And maybe, for good luck, write them down in Frozen notebooks.) For years, I held onto the notebook, convinced that John Villar’s vision of art on the blockchain would one day come true. Fast-forward to 2021, NFTs went mainstream. Rare Pepes were quickly recognized as “historical” NFTs and the one I bought — Series 1 Card 1 — had already become highly coveted. Not missing a beat, I quickly sold that RarePepe for 111 ETH, or around $300,000. Historical NFTs All of this piqued my interest in “historical” NFTs. When it comes to “digital collectibles,” new NFTs are being minted every minute. Thousands come online every single day. The market is drowning in JPEGs. But if NFTs are indeed here to stay… Those with historical significance have the best chance at sticking around and seeing a dramatic appreciation in price. After all, the “historical” NFT supply is fixed. It will only decrease from here as wallets are forgotten and lost. Right now, the historical NFT projects are overlooked in favor of apes and derivatives of apes and derivatives of those apes. But I don’t think that will be the case for long. For now, it represents a huge opportunity for those with patience, conviction, and a little bit of luck. NB: By Chris Campbell Source: https://learn2.trade/why-im-bullish-on-historical-nfts
  4. Yahoo boys should be called thieves. Period. When you say someone is a Yahoo boy, you are simply embellishing their evil profession. “Aponle ni Mola, Hausa ni Hausa nje.” Meaning: Malam is an honorary word, Hausa is Hausa. “Adape oro ni omo mi nfewo.” Meaning: It is euphemistic to say my child is light-fingered. Yahoo involves impersonation, lies and pretense to obtain money or anything of values from unsuspecting victims. That is theft. So Yahoo boy is a euphemistic word. A thief is a thief. ONE Her boyfriend is a Yahoo boy. He just bought her an iPhone. – Wrong Her boyfriend is a thief. He just bought her an iPhone – Right. TWO Some Yahoo boys have bought cars for their mothers. – Wrong Some thieves have bought cars for their mothers – Right THREE How can I become a Yahoo boy? – Wrong How can I become a thief?” – Right About 5 Yahoo boys are doing rituals now. – Wrong FOUR About 5 thieves are doing rituals now. – Right Calling them Yahoo boys would make them feel they are special and doing something unique. Another better word is to call them an Internet thieves. Profits from games of knowledge: https://www.predictmag.com/
  5. ILVER (XAGUSD) PRICE IS STRUGGLING TO BREAK UP $25 RESISTANCE LEVEL SILVER Weekly Price Analysis – March 03 In case the bulls are able to increase their momentum and penetrate the resistance level at $25 with the daily candle close above it, then, the price may increase further to $26 and $27 price level. Should the bears defend the resistance level of $25, the support level at $24 may be penetrated and price may decrease to $23 and $22 levels. XAGUSD Market Key Levels: Resistance levels: $25, $26, $27 Support levels: $24, $23, $22 XAGUSD Long-term trend: Bullish On the long-term outlook, XAGUSD is bullish. Bulls dominate the Silver market started from February 04. The bulls push up the currency pair and the resistance levels of $21, $22 and $23 has turned to support levels. The white metal pulls back to retest the support level of $23 before bulls exert more pressure and the price increase to $25 level. There is tendency for the price to increase further this week if bulls exert more pressure. The price is trading above the 9 periods EMA and 21 periods EMA at a distance is an indication of bullish movement. In case the bulls are able to increase their momentum and penetrate the resistance level at $25 with the daily candle close above it, then, the price may increase further to $26 and $27 price level. Should the bears defend the resistance level of $25, the support level at $24 may be penetrated and price may decrease to $23 and $22 levels. The relative strength index period 14 is at 71 levels and the signal line bending up to indicate buy signal. XAGUSD Medium-term Trend: Bullish XAGUSD is bullish on the 4-hour chart. Last week, the bears’ momentum pushes the price from the $25 resistance level. The bulls’ pressure could not break up the level due to weak bullish momentum. The evening star candle pattern formed and the bears’ momentum increased and tested $23 level. At the moment, the price is inclining to break up $25 resistance level. Silver price is trading above the 9 periods EMA and 21 periods EMA. The Relative Strength Index period 14 is displaying a bullish market direction. Source: https://learn2.trade
  6. GOLD CONSOLIDATES ABOVE $1,907 AS IT REGAINS BULLISH MOMENTUM Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) has been consolidating above $1,907 as it regains bullish momentum. XAUUSD is trading above the 50-day line moving average but below the 21-day line moving average. The market will trend when the moving average lines are breached. For instance, if the bears break below the 50-day line moving average, the downtrend will resume. The market will decline to the low of $1,844. On the upside, if the bulls break above the 21-day line moving average, Gold will rise to revisit the previous high of $2,040. However, the market will continue to consolidate if the range-bound levels remain unbroken. XAUUSD – Daily Chart Daily Chart Indicators Reading: Gold is at level 54 of the Relative Strength Index for period 14. It is now in the uptrend zone and capable of rising to the upside. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend. The price bars are between the moving averages indicating the range-bound move. Gold (XAUUSD) Medium-term bias: Bullish On the 4-hour chart, the Gold price is in an upward move. The uptrend has been stuck below the $1,960 resistance zone. Meanwhile, on March 23 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Gold will rise but reverse at level 1.272 Fibonacci extension or $1,956. From the price action, Gold has retested the level 1.272 Fibonacci extension and reversed it. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is above the 80% range of the daily stochastic. Gold is likely to face rejection as the market reaches the overbought region. The 21-day SMA and the 50-day SMA are sloping upward indicating the downtrend. General Outlook for Gold (XAUUSD) Gold’s (XAUUSD) price is in a sideways trend as it regains bullish momentum. The uptrend is facing rejection at the $1,960 high. The price indicator has shown that Gold is in the overbought region of the market. There is the possibility of price fall. Source: https://learn2.trade
  7. Hi Traders: On a yearly basis, we choose a few of our loyal customers, and they become our Neteller VIPs. This year, we have selected new Neteller VIPs, to join our existing one. They are: Johnson Michael Temitope: This is our famous Mabelynene. He buys and sells Neteller constantly and he has been doing that for many years. We wish him the best in the years ahead. John Ndubuisi Nwankwo: This great guy (also known as PrinceJohn) doesn’t make calls, nor send email or nor IM. He’s best known as an SMS buyer. He simply sends us SMS whenever he needs Neteller and we fulfill his orders as soon as we can. He is one of our most consistent buyers. Olokuntoye Ibukun: Topechat is his handle. This is also one of our consistent buyers and sellers. He doesn’t buy Neteller only, as he also does Perfect Money (PM). He has referred customers to us, and we really appreciate him for that. NB: We now have a total of 26 VIPs in the house. Who are the OUR NETELLER VIPs? ITU GLOBAL VIP MEMBERS’ REWARDS Every calendar year, we choose 2 customers to become our VIPs. They have permanently special status with us and they can fund/withdraw Neteller through us, at parallel market rates, whether they open brokerage accounts through us or not. These are people who funded with the highest amount of Neteller, and who also withdrew the highest amount of Neteller through us. They would be announced in January each year and added to our list of VIPs. Their status is permanent. To fund and withdraw with Neteller, please visit: www.instantforex.com.ng
  8. Why 95% of traders fail? In this post, we will discuss the trader's road to success and why most of the traders give up at the halfway point. On the chart, I was trying to portray the journey of a trader: most of the traders start this game with gambling. They randomly buy and sell the market relying on their intuition and with a high degree of probability end up with nice cush.💰 However, as they proceed they realize that the profits that they made were the product of luck, not skill. 🍀 The more they trade, the less they win. At some moment losing trades start to outperform winners. Trying different things, jumping from one strategy to another, one comes to the conclusion that nothing seems to work.🙅‍♂️ He goes broke, he is panicking. At that stage, the majority blame the market for their failure. Forex, stocks, gold trading is complete scam. Making profits on the market is not possible. They give up and leave.👣 Only 5% are persistent. Only 5% are blaming themselves not the market for their failure. They start following a strict trading plan, they follow risk management recommendations of pro traders and at some moment they start making 0.📝 Buying and selling the market, at the end of the day, they don't lose anymore. That is the most important milestone in a trader's journey. Realizing that the one stopped losing, a trader starts polishing and improving his rules in order to achieve better results. He trains and works with his psyche.💪 After years of struggling, one finally contemplates a consistent account growth. He became a pro trader.🏆 I wish you to be persistent, traders and don't give up. Patience pay and at the end of the day winners win: https://www.tradingview.com/chart/BTCUSD/ZmLTunDW-The-Journey-of-a-Trader/?utm_source=Weekly&utm_medium=email&utm_campaign=TradingView+Weekly+151+%28EN%29 Profits from games of knowledge: https://www.predictmag.com/
  9. AUDUSD PRICE REACHES $0.755 RESISTANCE LEVEL, WHAT NEXT? AUDUSD Price Analysis – March 30 The breaking up of $0.755 level by the bulls may push the price to test the resistance level of $0.763 and $0.770. Failure to break up the $0.755 level may lead to price reversal movement towards the support level of $0.745, $0.731 and $0.717. AUD/USD Market Key levels: Resistance levels: $0.755, $0.763, $0.770 Support levels: $0.745, $0.731, $0.717 AUDUSD Long-term trend: Bullish On the daily chart, AUDUSD is bullish. The currency pair really follow the direction of double bottom chart pattern formed Last three weeks. The currency pair formed a double bottom chart pattern at the support level of $0.968. The bullish momentum in the daily chart increased and turned the former resistance levels of $0.731 and $0.745 to support levels. The price reaches the high of $0.7555 last week and started a consolidation movement. AUDUSD price is currently trading above the 9 periods EMA and 21 periods EMA which indicate that bulls’ momentum is increasing. The relative strength index period 14 is at 66 levels and the signal lines pointing up displaying bullish direction. The breaking up of $0.755 level by the bulls may push the price to test the resistance level of $0.763 and $0.770. Failure to break up the $0.755 level may lead to price reversal movement towards the support level of $0.745, $0.731 and $0.717. AUDUSD medium-term Trend: Bullish AUDUSD is bullish on the 4-hour chart. The sellers’ pressure was terminated at the support level of $0.717 on March 16. The bears’ pressure failed and the buyers gained more pressure to push up the price. The resistance level of $0.755 was tested last week after it penetrated $0.731 and $0.749 levels upside. AUDUSD is trading above the 9 periods EMA and 21 periods EMA. The relative strength index period 14 is at 62 levels and the signal lines pointing up to indicate a buy signal. Source: https://learn2.trade
  10. EUR/JPY REACHES AN OVERBOUGHT REGION, MAY FURTHER RISE TO LEVEL 136.16 Key Resistance Levels: 132.00, 133.00, 134.00 Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish EUR/JPY pair has broken the previous overhead resistance and may further rise to level 136.16. The first uptrend retraced to the low of level 133.72 and commenced an upward move. Further upward move is unlikely as the market reaches the overbought region. In the first uptrend, EUR/JPY reached the overbought region at level 71 of the RSI but it fell to level 67. Buyers are still pushing the pair to the previous highs which may result in a fall. EUR/JPY – Daily Chart Daily Chart Indicators Reading: EUR/JPY is at level 69 of the Relative Strength Index for period 14. The currency pair is in the uptrend zone and it is resuming upward after the initial fall. The 21-day SMA and 50-day SMA are sloping horizontally indicating the sideways trend. EUR/JPY Medium-term Trend: Bullish On the 4- hour chart, the currency pair is in a smooth uptrend. The currency price has been making a series of higher highs and higher lows as the market reaches the high of level 134.64. The pair is likely to further rise if it breaks the resistance at level 134.74. Meanwhile, on March 22 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement suggests that the EUR/JPY will rise to level 2.0 Fibonacci extension or level 136.15. EUR/JPY – 4 Hour Chart 4-Hour Chart Indicators Reading The pair is above the 80% range of the daily stochastic. EUR/JPY has reached the overbought region of the market. It appears the pair is likely to reach level 136.16. The moving averages are sloping upward indicating the uptrend. General Outlook for EUR/JPY EUR/JPY is in an upward move and may further rise to level 136.16. The downtrend will resume if the index fails to break level 134.74. Source: https://learn2.trade
  11. LITECOIN BREAKS ABOVE PREVIOUS HIGHS, MAY FACE REJECTION AT $140 Key Highlights LTC price revisits the resistance at $140 LTC/USD reaches an overbought region Litecoin (LTC) Current Statistics The current price: $120.91 Market Capitalization: $10,156,071,004 Trading Volume: $1,041,826,323 Major supply zones: $200, $220, $240 Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis March 22, 2022 Litecoin’s (LTC) price is trading above the moving averages but may face rejection at $140. The cryptocurrency is trading in the overbought region of the market. Buyers are attempting to push the altcoin to the high of $140. On the upside, if price breaks the $140 resistance, Litecoin will rise to either $150 or $160 price levels. Conversely, if the altcoin faces rejection, the market will decline and resume a range-bound move between $115 and $140 price levels. In the overbought region, a further upward move is doubtful as sellers emerge to push prices down. LTC/USD – Daily Chart Litecoin (LTC) Technical Indicators Reading The altcoin is at level 61 of the Relative Strength Index for period 14. It indicates that the altcoin is in the uptrend zone and capable of a further upward move. The crypto’s price is above the moving average which ensures further upward movement of the cryptocurrency. Litecoin is above 80% area of the daily stochastic. It indicates that the market has reached an overbought region as sellers emerge to push prices. Conclusion On the 4- hour chart, Litecoin is making an upward move but may face rejection at $140. The uptrend has reached the overbought region of the market. Meanwhile, on March 20 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement suggests that LTC will rise to level 2.618 Fibonacci extension or level $135.02 LTC/USD – 4 Hour Chart Source: https://learn2.trade
  12. CARDANO (ADA/USD) PRICE MAY BOUNCE AT SUPPORT LEVEL OF $0.75 ADA Price Analysis – March 22 In case there is an increase in the bulls’ momentum, $1.01 resistance level may be penetrated upside, then, price may increase further to $1.26 and $1.61 resistance levels. Bearish movement may commence towards the support levels at $0.75, $0.70 and $0.60 provided $1.01 level holds ADA/USD Market Key Levels: Resistance levels: $1.01, $1.26, $1.61 Support levels: $0.75, $0.70, $0.60 ADA/USD Long-term Trend: Ranging ADA/USD is ranging on the daily chart. The momentum of the bulls and that of the bears has been very low in the daily chart. This has led to the ranging of the price within the resistance level of $1.01 and support level of $0.75. It seems the bulls are trying to gain more pressure towards the resistance level of $1.01. Price may increase further as the bulls are preparing to dominate the market. Cardano is trading above the 9 periods EMA and the 21 periods EMA, as an evidence of an increase in the bulls’ pressure. In case there is an increase in the bulls’ momentum, $1.01 resistance level may be penetrated upside, then, price may increase further to $1.26 and $1.61 resistance levels. Bearish movement may commence towards the support levels at $0.75, $0.70 and $0.60 provided $1.01 level holds. The technical indicator Relative Strength Indicator is at 57 levels with the signal line pointing up indicate buy signal. ADA/USD Medium-term Trend: Ranging Cardano is on the ranging movement in the 4-hour chart. The support level of $0.75 holds and the bearish momentum could not break down the mentioned support level. The bulls’ momentum is gradually increasing towards the resistance level $1.01. Cardano market is currently experiencing a ranging movement within the $1.01 resistance level and $0.75 support level. The coin is awaiting a breakout. The price is trading above the 9 periods EMA and 21 periods EMA as a sign of increase of bulls’ momentum. The relative strength index period 14 is at 72 levels and the signal line exhibiting bullish direction. Source: https://learn2.trade
  13. THE EXIT OF A SUPER TRADER AND A WORLD-RENOWNED TRADING COACH DR. VAN K. THARP TURNS TO LIGHT “In loving memory of Van K. Tharp (1946 – 2022). A beloved leader who touched the lives of so many traders around the world.” – VTI Our hearts are heavy to share the news that Dr. Tharp, our beloved Van, has turned to light and passed to the other side. Dr. Van K. Tharp passed away from liver failure on Thursday, February 24, 2022, in Raleigh, North Carolina. His wife of nearly 30 years, Kala Tharp, was at his side. She has lovingly cared for Van during his illness which was first diagnosed in June of 2021. Dr. Tharp will be remembered for being among the world’s top trading coaches. He is a founding father of the trading psychology field. Van was also a trading concept innovator, a brilliant teacher, and a humble leader. He had a keen, creative mind and a singular ability to be authentic in each moment. Over the last 20 years, Van experienced a great spiritual awakening which profoundly influenced his life and he wanted to share those gifts with everyone. Van developed a deep trust for his Inner Guidance and came to believe that “God is everything in the universe”. Van would want us to remember that even in our apparent loss at the moment, we are all one with each other and we are one with the Divine. Van touched the lives of many people across the globe. People regularly sent him letters thanking him for helping them change their lives through his books, home study courses, and workshops. In the last few months, Van’s health challenges started becoming more obvious and he received an outpouring of love and appreciation from many. Who then, is Van Tharp? Professional Coach for Traders and Investors In the unique arena of professional trading coaches and consultants, Dr. Tharp stands out as an international leader in the industry. Helping others become the best trader or investor that they can be has been his mission since 1982. Dr. Tharp offers unique learning strategies, and his techniques for producing great traders are some of the most effective in the field. Over the years, Dr. Tharp has helped people overcome problems in areas of system development and trading psychology, and success related issues such as self-sabotage. He is the founder and president of the Van Tharp Institute, dedicated to offering high-quality educational products and services for traders and investors around the globe. While Dr. Tharp’s expertise is in the area of finance, his mission is to touch people in a way that changes them for the better. In his books, courses, and workshops, he uses the financial metaphor to do so. Dr. Tharp uses a combination of skills and education to fine-tune his strategies to coach, consult and teach traders and investors. He received his Ph.D. in psychology from the University of Oklahoma Health Science Center in 1975. He is a certified Master Practitioner of Neuro-Linguistic Programming (NLP), a Certified Master Time Line Therapist, a certified Modeler of NLP, and an Assistant Trainer of NLP. He has used his expertise in NLP to create the successful models of trading and investing upon which so much of his work is based. Dr. Tharp published the Market Mastery newsletter for over 10 years, and now publishes a weekly e-newsletter, Tharp’s Thoughts. Speaker and Presenter The Van Tharp Institute offers workshops year-round to help traders improve performance. In addition, Dr. Tharp has designed special seminars for banks and institutions and has presented these throughout the United States, as well as Paris, Italy, Singapore, Sydney, Melbourne, Venice, London, Vienna, Stockholm, Frankfurt, Nuremberg, Hungary, and numerous other places throughout the world. He has toured Asia as a guest speaker with Dow Jones and was the keynote speaker in 2011 at the largest investment conference in Poland. He has conducted workshops for floor traders at the CBOT, the CBOE, and the CME. He is also a regular speaker to a portfolio and hedge fund managers worldwide. He was a member of the distinguished Investment Advisory Panel of the prestigious Oxford Club-a rare honor only half dozen or so individuals have received. Dr. Tharp is also a highly rated guest speaker at expositions and conferences throughout the world. Van Books: 1. The Definitive Guide to Position Sizing Strategies: How to Evaluate Your System and Use Position Sizing to Meet Your Objectives, 2013 2. Trading Beyond the Matrix: The Red Pill for Traders and Investors, 2013 3. The Peak Performance Course for Traders and Investor, 1989 4. Super Trader: Make Consistent Profits in Good and Bad Markets, 2010 5. Trade Your Way to Financial Freedom, 2007 Some Memories of Van: “Dr. Van Tharp’s exit has been very painful for me. I came across him when I was contemplating quitting trading because I had hit a roadblock, a dead-end, and an impasse. I was 100% frustrated and I wanted to go do something else with my life. Then I came across Van in an old edition of TRADERS’ magazine, and I had a rude awakening. It dawned on me that there are successful traders, professional traders. What are they doing differently? Through Van, I realized that what they are doing differently fly in the face of conventional wisdom, plus what most traders like to do, as people tend to look for a solution to their problems in the wrong places and do the wrong things. Since then, I have hooked to Tharp’s teachings, formulas, thoughts, updates, and newsletters. This is the biggest factor that has helped me reach the top echelon of trading mastery. I gained a lot of life-saving and career-saving knowledge from Van, as well as tips on other markets and cryptos. I had the 3 most important trading coaches, as far as I’m concerned. I lost Joe Ross in September 2021. I lost Van Tharp in February 2022, and only James Altucher remains alive. The loss of Van Tharp is a wound that cannot heal on time… I will sorely miss him. However, I’m glad that he lived a successful and fulfilled life, and he impacted numerous lives. Truly, a man’s worth is measured only by what he gives others. The testimonies below are just a few from an outpouring of testimonies given when the news of his transition was broken.” – Azeez M. “Dear Van, I will be forever grateful to you for the profound changes you were able to create in so many people. You introduced me to the Red Pill and my life was changed forever (for the better, of course)! I joined your Super Trader program in 2013 and underwent many wonderful transformations. Your guidance was so helpful, and my happiness level soared. I have not been to Cary in over 3 years, but I still miss the love and spiritual energy that enveloped VTI. My heart goes out to my dear friend Kala and the VTI staff. I am so glad you will be carrying on Van’s mission!” – Susan P. “His books has a great impact on my decision-making. He was a risk management Guru. His contribution is priceless, always wanted to meet him but never got a chance. I am grateful for all the knowledge he has shared through his books and seminars. His work will be helpful for the generations to come…” – Mihir T. “I met Van in ’97 when he played the marble game at a workshop in Reno, Nv. His positive influence on me got me started on my path of personal development that has also spilled over to my wife and children. I still have a lot of work to do in my super trader journey. Van, Kala, RJ, past and present staff and all the other students that I have met at training over the years have all in some way helped me become a better person. The journey continues.” – Eugene C. “Thank you all for sharing your stories and experience. I am finding a lot of comfort and peace in all your stories. Nothing will give Van so much joy as listening and reading about all the lives he has touched. You all make him so proud. You are all the reason he did what he did. I told him one day please don’t die, and he said I don’t want to die but then death is all an illusion. He reminded me to always live in the present, do my gratitude meditation and live life. Van lived his life to the fullest every day. During his last days he could hardly walk but would seat and write his new book, he managed to write 4 chapters. It was his life story. He told me the liver cirrhosis was a blessing. There is not enough space to share my experiences with you here, but you all get the picture. Seeing all your responses I am so confident and humbled that Van Tharp’s legacy will live on through you all and all the amazing teachers Van has produced at VTI, RJ, Ken Long, Gabriel, and the list goes on. I will miss him dearly because living with him has been an adventure, you never know what to expect next, it is always full of surprises. He was the kindest, most generous, amazing man I will ever know. I feel so honored and humbled to have been his wife. He was a shy, simple and down-to-earth man. I will miss him so much. But he facilitated my growth to be a strong and independent woman. Will forever be grateful to this genius legend I shared 30 years with. He left me with a lot of tools, to help me continue to grow. Once again thank you all for generously sharing your stories.” – Kala Tharp (Van’s widow) Source: https://learn2.trade/the-exit-of-a-super-trader-and-a-world-renowned-trading-coach
  14. Infinite Regret = Infinite Opportunities It might be difficult to see at times, especially if you’re not currently a benefactor of these — but there is no shortage of incredible, life changing opportunities in the NFT space. Yeah it sucks if you aren’t minting projects that 100x, and are seeing everyone around you doing that. However the fact that there are projects returning such insane profits, is a very, very, very good thing. It means you are in roughly the right place, at roughly the right time. This is a numbers game. There is a huge amount of luck involved when it comes to investing in NFTs. Anyone that says otherwise is lying. There’s also a significant element of skill, and that is what we should focus on. Improving our ability to evaluate projects, to research them, to know what is likely to succeed and what isn’t, and then placing our bets accordingly — this is the way. Nobody can know for sure what projects will pop off. Nobody can know whether a project that has 10x’d will then go on to 100x, or whether it might crash to 0. The best we can do is make educated guesses, over and over and over again. As time goes on, if you do this, the odds will slant in your favour. This still does not guarantee success, but it guarantees you have a better chance of success. I’ve said this so many times before but it’s worth repeating so many more times, because I truly believe it: the only thing you need to do to thrive in this space, is to survive this space. If you go all in and spend your entire bankroll and rent money on a couple of projects that turn to dust, not only are you out that money, but you are out the opportunity cost of not being able to take advantage of all the future opportunities. If you go busto, it’s incredibly hard to recover — not only financially but also emotionally. This is why the #1 piece of advice I always give to newcomers to this space is to be patient. There is no shortage of opportunities and there is not going to be a shortage of opportunities, not any time soon at least. Don’t feel the need to rush in and FOMO into whatever hot project your favourite neighbourhood influencer is talking about, or what your friends are talking about. Take the time to really learn and understand this space, and the projects in it, and craft a bankroll management strategy that ensures your longevity (let alone your sanity). Sure, if you have a steady job and a tonne of disposable income and are okay losing a few thousand dollars by minting random projects then by all means — go ahead. Many of us cut our teeth this way, but by and large, we all lost thousands of dollars in the learning process. It was basically the cost of tuition. It’s a great learning experience, but it’s not feasible for most people. As it is, transacting on the Ethereum Mainnet is prohibitively expensive for 99% of the world or something. Consider other blockchains, and consider being patient and biding your time and money before jumping in and parting with your hard earned dollarydoos. Align your emotions with your actions, not with the outcomes I was a professional poker player for 15 years. For the most part, for most of my career the difference between the good players and the great players was not technical skill. It was psychological skill and mental fortitude. It was the ability to not tilt, to not play poorly, to not let your emotions rule your decision making. This is not an easy thing to do. At some point in my career I received “mental game coaching”. I learned a lot, but probably the single greatest takeaway which I still carry with me to this day is to try to align my emotions with my actions, and not the outcomes of my actions. This is because my actions are within my control, whatever happens beyond that is not. To continue the poker analogy: the goal is not to be happy when you make money and upset when you lose money. The goal is to be happy when you play well and upset when you play poorly. The goal is to be able to lose a tonne of money but feel fantastic knowing that you made good decisions and knowing that in the long run, if you continue to make good decisions, you are likely to come out ahead. You should also be able to make a tonne of money and not feel like you’re a genius and did everything right — if you played poorly, you should perhaps be a little upset, and critical, and think about what you could do differently next time, even if you came away a big winner…. Every project that I bought into, or passed over, presents opportunities to learn from. Make money or lose money, or make ‘not as much as you could have’, or ‘lose more than you should have’, these are things that are going to happen over and over and over and over and over again. These are things that are not really in our control. The decisions we make, and our reactions to the outcomes, these are within our control. It’s worth remembering that most people don’t talk about the dark side of this space. It might seem to be all GM, WAGMI, LOVE LOVE LOVE, MOON MOON MOON, etc — it really isn’t. We’re still largely communicating via social media, and we all know that people tend to show off their best side and hide their worst. So we end up comparing our worsts to other people’s bests, and thinking we’re doing something wrong and/or that there’s something wrong with us. We end up feeling the depths of infinite regret. There’s nothing wrong with you, or me. Know that we all go through feeling down and out about ourselves. Know that we all make mistakes, sometimes huge ones, and sometimes we don’t learn from them, and make the same mistakes again. The goal is not to never make mistakes — that’s impossible. The goal is actually quite simple. The goal is to be better today than you were yesterday, and to be better tomorrow still. It is utterly useless to compare yourself to anyone other than your previous self. It is utterly useless to dwell on things outside of your control. It is very hard not to, but it is useless. Life isn’t easy, it’s not meant to be easy. The NFT space moves at warp speed and amplifies everything. Days feel like weeks, weeks like months, months like years, and a year is a decade. It can be stressful. It can take its toll. It can be all consuming. Your job is to not be consumed by it; to not fall so deep into a pit that you can’t find your way out, and if you do fall in, to ask for help. There is no shame in asking for help, or for taking a break, or for quitting. If you find yourself in a hole, reach out to a friend. We’re largely a friendly bunch in this web3 NFT space and we all gotta support one another. Investing in NFTs is super interesting in that it’s simultaneously competitive while also being collaborative. Let’s lean into the collaborative side of things and try not to focus on the competitive side. Let’s also break any stigmas around talking about the dark side of NFTs. This is a mentally draining and demanding space, and it can really amplify any mental health difficulties a person might be going through (not to mention creating new ones). Let’s encourage open dialogue with a focus on bettering ourselves, and one another. Not to wallow in self pity (the most useless thing in the world), but to seek support and companionship, and help, and advice, and to navigate this insane space together and not alone. So much of this space revolves around money. That’s cool. Money is fun, it’s exciting. It lets us pay off debt. It lets us put food on the table and a roof over our heads. It lets us buy fun things. It lets us partake in more experience. It opens new doors and opportunities to be able to make more money. Making money can be addictive. It’s like a game. It’s fun when number go up. Some things are more important than money. Most things are more important than money. While the space is inevitably going to continue to revolve around money for a very long time, we should try our best to not have our personal lives also revolve around money. I know this is easy for me to say from my ivory tower, but I was not always wealthy. I am fortunate to have never been in poverty, but I have experienced most of the rest of the spectrum. Another comma, another zero, they do not grant fulfillment or true happiness. Family, friends, health, reputation. Living a good and virtuous life, being a good person, doing good things. Leaving the world a better place than you found it. This, to me, is what true wealth means. NFTs are great, money is great, but never forget that at the end of the day We are all stardust. Author: Seneca_33 Source: https://learn2.trade/the-thoughts-of-a-trading-maverick
  15. SILVER (XAGUSD) PRICE: BEARS MAY DEFEND $25 SUPPORT LEVEL TO CONTINUE BULLISH TREND SILVER Weekly Price Analysis – March 10 In case the bulls defend the support level of $25 and increase their momentum, bullish trend will be restored and the resistance level at $26 may be penetrated. If the daily candle close above it, then, the price may increase further to $27 and $28 price level. XAGUSD Market Key Levels: Resistance levels: $26, $27, $28 Support levels: $25, $24, $23 XAGUSD Long-term trend: Bullish On the long-term outlook, XAGUSD is bullish. The formation of double bottom chart pattern at the support level of $22 made the Bulls to influx the Silver market. The bulls’ momentum increase and the price increase accordingly. Former resistance levels of $23 and $24 is broken upside and the $25 price level is tested. At the moment, the white metal pulls back to retest the support level of $25 before bulls exert more pressure. The price is trading above the 9 periods EMA and 21 periods EMA as an indication of bullish movement. In case the bulls defend the support level of $25 and increase their momentum, bullish trend will be restored and the resistance level at $26 may be penetrated. If the daily candle close above it, then, the price may increase further to $27 and $28 price level. Should the bears push the price to penetrate $25 level, the support level at $24 may be tested, and price may decrease to $23 levels. The relative strength index period 14 is at 61 levels and the signal line bending down to indicate a sell signal. XAGUSD Medium-term Trend: Bullish XAGUSD is bullish on the 4-hour chart. Last two weeks, pullback was experienced as the bears’ momentum pushed the price from the $25 resistance level. The bulls’ pressure could not break up the level due to weak bullish momentum. Last week, the bulls gained more pressure and the price increase to the resistance level of $26. Price retracement is ongoing at the moment. It is a normal phenomenon in a trending market. Silver price is trading below the 9 periods EMA and 21 periods EMA. The Relative Strength Index period 14 is displaying a bearish market direction at $45. Source: https://learn2.trade
  16. GOLD FLUCTUATES BELOW $1,950 RESISTANCE AS IT TARGETS THE $2,020 HIGH Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold (XAUUSD) is in an uptrend as it targets the $2,020 high. The bulls have also broken above the resistance at $1,870. The market has reached a high of $1,950. Presently, Gold is fluctuating below the recent high. On February 24 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Gold will rise but reverse at level 1.272 Fibonacci extension or $2,020.72. XAUUSD – Daily Chart Daily Chart Indicators Reading: Gold is at level 69 of the Relative Strength Index for period 14. The gold price has reached the overbought region of the market. There is a long candlestick tail pointing towards the resistance zone. This indicates that the recent high has strong selling pressure. Therefore further upward movement of prices is doubtful. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend. Gold (XAUUSD) Medium-term bias: Bearish On the 4-hour chart, the Gold price is in an uptrend. On February 24, the Gold price rebounded to reach the high $1,950 but was repelled immediately. The price fell above the moving averages as the market continues its upward move. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is above the 40% range of the daily stochastic. A bullish trend line is drawn showing the support levels of prices. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend. General Outlook for Gold (XAUUSD) Gold’s (XAUUSD) price is in an uptrend as it it targets the $2,020 high. The market has reached the overbought region. Sellers will emerge in the overbought region push prices down. Source: https://learn2.trade
  17. Sadukey indicator... That is really strange. Profits from games of knowledge: https://www.predictmag.com/
  18. GBP/USD FACES REJECTION AT LEVEL 1.3642, MAY FURTHER DECLINE TO LEVEL 1.2914 Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: Bearish GBP/USD is in a downtrend as it may further decline to level 1.2914. On the weekly chart, the currency pair has been fluctuating between levels 1.3160 and 1.3800 since October 25, 2021. The downtrend may resume as price breaks below the moving averages. Meanwhile, on October 25 downtrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the Pound will fall to level 1.618 Fibonacci extension or 1.2914. GBP/USD – Weekly Chart Weekly Chart Indicators Reading: The Pound is at level 44 of the Relative Strength Index for period 14. The Pound is in the downtrend zone and below the centerline 50. The pair is capable of a further downward move. The 21-day line and 50-day line moving averages are sloping downward indicating the downtrend. GBP/USD Medium-term Trend: Bearish On the daily chart, the Pound is below the moving averages. It has fallen to the low of level 1.3300. The pound will further decline if it breaks below level 1.3300. Meanwhile, on January 27 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement suggests that the Pound will fall to level 2.0 Fibonacci extension or 1.2985. GBP/USD – Daily Chart Daily Chart Indicators Reading The Pound is above the 30% range of the daily stochastic. It indicates that the market is in a bullish momentum. The 21-day and 50-day SMAs are sloping horizontally indicating the sideways move. General Outlook for GBP/USD GBP/USD is in a downward move but may further decline to level 1.2914. The Pound will fall as long as it is in the bearish trend zone. Today, GBP/USD is facing resistance at a level 1.3400 high. The pair will fall and revisit the previous low at level 1.3300. Source: https://learn2.trade
  19. EURUSD PRICE: TRIPLE BOTTOM CHART PATTERN AT $1.11 SUPPORT LEVEL, BULLISH REVERSAL ENVISAGED EURUSD Price Analysis – February 28 In case the Bears are able to push the price below the support level of $1.11, then, support level of $1.10 and $1.09 may be tested. Should the just mentioned level is defend by the bulls, the price may continue its bullish trend towards $1.13, $1.14 and $1.16 levels. EUR/USD Market Key Levels: Resistance levels: $1.13, $1.14, $1.16 Support levels: $1.11, $1.10, $1.09 EURUSD Long-term Trend: Bearish On the long term outlook, EURUSD is bearish. The price action of EURUSD on the daily chart formed a double bottom chart pattern last week. The price reached the support level of $1.11 on November 24, it pulled back and test resistance level of $1.14. The price tested the support level of $1.11 second time on January 28. Today, the price is testing the support level of $1.11 as the third time. Price may bounce up at the just mentioned support level. EURUSD has penetrated the two EMA downside, the price is trading below the 21 periods EMA and 9 periods EMA heading towards the previous low of $1.11. In case the Bears are able to push the price below the support level of $1.11, then, support level of $1.10 and $1.09 may be tested. Should the just mentioned level is defend by the bulls, the price may continue its bullish trend towards $1.13, $1.14 and $1.16 levels. However, the Relative Strength index period 14 is at 37 levels pointing down to indicate further price reduction. EURUSD medium-term Trend: Bearish EURUSD currency pair remains under the bearish control. The price increase to test the resistance level of $1.14 on February 04. The just mentioned level hold the price and it pulled back to retest the previous low at $1.11. A bullish pin bar formed and the price increased towards the dynamic resistance level. Today, the price experience a gap and it falls to test $1.11 support level third time. The Relative Strength Index period 14 is at 33 levels with the signal lines pointing up to indicate a buy signal. Source: https://learn2.trade
  20. BITCOIN SLUMPS BELOW $35,000 AMID WORSENING GLOBAL GEOPOLITICAL TENSIONS Bitcoin (BTC) suffered another wave of sell-off in the Asian session on Thursday, as it fell to the $34,337 low. The rest of the cryptocurrency industry suffered the same fate, as the total market capitalization fell to the $1.5 trillion mark again. Many analysts argued that the $35,000 level was a critical level for the benchmark cryptocurrency and that a sustained breach below this level could spur additional sell-offs. That said, speculation over the next support level and whether a near-term recovery was possible flooded the crypto space on Thursday. Notably, the refreshed bearish momentum came due to the risk flight by investors across the financial markets after Russian forces invaded Ukraine on Thursday after Russian President Vladimir Putin said that the country would carry out a “special” military operation in Ukraine and called for Kyiv to surrender. The broadcast triggered a widespread crash across the equities and crypto market this morning, highlighting the tight correlation between both markets. Meanwhile, stablecoins recorded the highest overnight trading volume amid the frenzied flight to safe-haven assets. Tether (USDT) recorded a 24-hour trading volume surge of over $50 billion, while Binance USD (BUSD) and USD Coin (USDC) trading volumes spiked by about $8 billion collectively. With reports of bombing and aggressive military operations in Ukraine, investors remain on edge over a possible retaliation from western powers. Already, the US has imposed some sanctions against Russia and has promised to impose even stricter sanctions. Also, the EU is set to impose “the harshest sanctions ever” on Russia, according to the EU foreign policy chief. Key Bitcoin Levels to Watch — February 24 As mentioned earlier, BTC continues to suffer intense bearish pressure amid the prevailing risk-off mood in the market, as the benchmark cryptocurrency inches closer to its 2022 low of $33,150. BTCUSD – 4-Hour Chart on Gemini. Source: TradingView Notably, we can see the completion of a bearish golden cross pattern on the 4-hour chart, indicating that the bearish trend could persist longer. That said, I expect a sighting of the $33,000 low this week as the market fall to bearish forces. Meanwhile, my resistance levels are at $36,000, $37,500, and $38,500, and my key support levels are at $36,320, $36,000, and $35,000. Total Market Capitalization: $1.57 trillion Bitcoin Market Capitalization: $666.9 billion Bitcoin Dominance: 42.4% Market Rank: #1 Source: https://learn2.trade
  21. ETHEREUM REACHES AN OVERBOUGHT REGION, FACES REJECTION TWICE AT $2,700 HIGH Ethereum makes an upward correction to the high of $2,756 ETH/USD reaches an overbought region of the market Ethereum ETH) Current Statistics The current price: $2,647.01 Market Capitalization: $316,852,179,584 Trading Volume: $13,281,411,345 Major supply zones: $4,000, $4,500, $5,000 Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis February23, 2022 Ethereum’s (ETH) price is now in a downtrend as it faces rejection twice at $2,700 high. Ether price fell to the low of $2,563 as bulls bought the dips. The largest altcoin is making an upward correction but it is facing resistance at the $2,756 high. If Ether turns from the recent high and breaks below the $2,500 support, the altcoin will decline to the previous low at $2,300 support. Since January 22, ETH/USD has been consolidating above the $2,300 support. ETH/USD – Daily Chart ETH Technical Indicators Reading Ether is at level 43 of the Relative Strength Index for period 14. The market has fallen to the downtrend zone and below the centerline 50. This implies that the altcoin is capable of a further downward move. Ether’s price bars are below the moving averages which give the impression of a further downward move. Ether is above the 80% range of the daily stochastic. The market is in the overbought region. As Ether faces rejection, the altcoin may likely decline. Conclusion On the 4-hour chart, the altcoin is in an upward move but faces rejection twice at $2,700 high. The uptrend reached an overbought region of the market. Meanwhile, on February 20 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. the Retracement indicates that Ether will fall to level 1.272 Fibonacci extension or $2,400.42. ETH/USD – 4 Hour Chart Source: https://learn2.trade
  22. Technical analysis is very important for trading, but many people don’t understand what it is, nor do they know how to apply it to their own trading. The truth is, when applied correctly and objectively, technical analysis works. So what is technical analysis? It is a trading discipline employed to evaluate investments and identify trading opportunities by analysing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security’s intrinsic value, technical analysts focus on patterns of price movements, trading signals and various other analytical charting tools to evaluate a security’s strength or weakness. Teach Yourself Technical Analysis explains some of the common technical indicators found on charts, and how to use them in the popular Meta Trader platform. The indicators help in timing entries and exits in the market, as well as confirming and anticipating market biases. The book reveals the parameters of the indicators, applies them to charts, and shows you how each of them can be used to make trading decisions. Now available almost free of charge! It covers 30 different indicators, including the Accelerator Oscillator, Bollinger Bands, the DeMarker, Momentum, Moving Averages, Ichimoku Kinko Hyo and Stochastic Oscillator. With the help of this book you will be able to apply technical analysis to your own speculation and investments, which should boost your success rate and give you satisfactory results. The contents of this book were originally published in TRADERS’ and have been reproduced by their kind permission. Get it here almost free of charge: https://www.advfnbooks.com/books/techanalysis/index.html
  23. The internet has created a demand for online gambling, with companies offering easily accessible online wagering. So, it’s hardly surprising these websites are fast-growing and highly profitable. Lucky Block envisions a worldwide lottery with players using Blockchain Protocols, operating on the binance smart chain. We believe the lottery should not be bound geographically or tied to local financial systems. Instead, our focus is to develop further transparency and fairness in gaming, creating a lottery where every player has better win odds while providing a solid investment strategy for token holders while contributing to the community. More info here: https://luckyblock.com/
  24. My Initial Interest When I first heard about Bitcoin in 2015, I thought it was a joke. I didn’t care much about it, although I knew brokers and exchanges that were dealing in BTC then. I created a Bitcoin wallet and once or twice received payment in BTC… But apart from that, I didn’t do anything about cryptos, except watching news about it, like Mt. Gox crash, maniacal movements on BTUSD, and prophecies of doom. In a nutshell, I thought Bitcoin would eventually go the way of e-Gold, e-Bullion, Liberty Reserve, etc. But I was dead wrong! The technology behind Bitcoin is different and the coin is a totally different breed. In 2017, I witnessed huge and unprecedented gains in cryptos…. I also connected to major crypto news websites and projects, and the truth dawned on me. This is an investment of a lifetime, the biggest asymmetrical bet in the history of the world. My First Crypto Investment Attempt In early 2018, I decided to delve into the world of cryptos, although cautiously. My strategy then, was to have a single coin on a single exchange or cold wallet. I didn’t want to put all my eggs in a single basket. If one wallet or exchange went kaput, others would still survive. I selected 4 coins which I thought would make good profits. At almost $20,000, Bitcoin seemed expensive to me. Therefore I chose: Ethereum (ETH): It was around $1000 then and cheaper than Bitcoin and I thought it had good potential. I bought it on Blockchain. Zcash (ZEC): It was around $500 then and I thought it would be another Bitcoin because of its privacy features and because its maximum supply is capped at 21 million coins. I bought it on Trezor. ATB Coin (ATB): The coin was around $0.99 then. It was featured on many local exchangers’ websites and there was a lot of hype surrounding it. It was a household name then. I bought it on the ATB mobile wallet and stored it there. Ripple (XRP): I bought that on GateHub. Many cryptos experts believed XRP would be hugely successful in the future. XRP was around $0.99 when I bought it in 2018. Out of these 4 coins, only ETH is has proven to be successful so far. ZEC went as high as over $700 and later plummeted to $128. ATB became a crashing failure, and the price is currently at $0.003. The chances of ATB getting back to breakeven are very slim indeed. This fact is also true of ZEC and there is no major gain or major loss on XRP. Basically, I lost money on XRP, ATB, and ZEC. I was only fortunate enough to recover all the investment funds from ETH alone. In 2018, I had very limited knowledge and I was a neophyte as far as crypto investment was concerned. My Second Crypto Investment Attempt In 2020, I created wallets on Myetherwallet (MEW), Binance, and Bittrex. I invested in some altcoins and ERC-20 tokens. I invested in: EOS (EOS) NEO (NEO) Tron (TRX) Stellar (XLM) Cardano (ADA) Binance Coin (BNB) Skycoin (SKY) IOTA (MIOTA) Zcoin, now Firo (FIRO) I had a strong belief that MIOTA, particularly, as the 3rd generation of cryptocurrencies, would be successful. I thought it was the future. Nonetheless, I made some money on coins like EOS and NEO. I lost money on MIOTA and TRX, but I made huge profits on ADA and BNB. My Third Crypto Investment Attempt The last Bitcoin halving took place in May 2020 and the next one is due in 2024. After the last halving, cryptos skyrocketed and personally, I know a lot of local investors who became seriously rich. So in early 2021, I decided to invest in more coins. I bought: Holo (HOT) Wanchain (WAN) 0x (ZRX) VeChain (VET) NEM (XEM) Dogecoin (DOGE) Shiba Inu (SHIB) I thought of going for coins that were cheap and at the same time, had huge potential, I avoided expensive coins like yearn.finance (YFI). You see, the coins I thought would make me money didn’t perform, and the coins I didn’t have much hope for, eventually made me money. A coin may have good fundamentals and metrics now, but that doesn’t guarantee what would happen to it in the future. To me, SHIB and DOGE don’t have much future potential, I would soon cash out of them and forget about them. I simply invested in them for fun. In 2021, XEM proved to be my worst investment with very poor results, while HOT has made me huge gains. In Cryptos, Timing Matters When trading and investing in cryptos, indices, stocks, Forex, and commodities. Timing matters a lot. I lacked knowledge about timing when I first decided to invest in cryptos in 2018. I entered the markets when they were extremely overbought and a long and protracted crypto winter was about to begin… I lost my socks. I was eventually rescued by ETH, though I had to outwait the bearishness on ETH itself, which lasted for many months. Even if a coin currently looks expensive, investing in it can still bring profits as long as you can wait for years. On the other hand, such an expensive coin would even be a better bargain if you buy it after it becomes cheaper, owing to a crash. It is far better to buy coins when they have found strong supports, following massive bearishness in the markets. Recently, XRP crashed seriously in January 2022, and then began to rally, bringing good gains for those who went long on XRPUSD. Really, XRPUSD is a very good instrument when it comes to picking tops and bottoms in the market as a swing trader… XRPUSD is not good for investment. Yes, timing is everything… It is no longer a secret that one of the best periods to invest in cryptos is the month in which BTC halving takes place. You won’t believe the results you will get if you do that. The Next Coins on My Radar Having said all of the above, I am watching the coins below. I have carried out extensive research on them and I am convinced that, though there are no certainties in the market, the coins below would bring extremely huge returns within the next few to several years, when you invest with great timing and good entries. Remember I said one of the best timing periods is the month of a BTC halving. These are the next coins on my radar. I am seriously considering them. They have great potential, enviable metrics, and cool fundamentals. They solve unique problems, bring novel features and great innovations to the world of blockchain. I won’t go into details about the particulars and facts for each coin, but I would mention them. The coins are: Axie Infinity (AXS) Enjin Coin (ENT) Internet Computer (ICP) Polkadot (DOT) Theta Network (THETA) Solana (SOL) Polygon (MATIC) Filecoin (FILE) TEZOS (XTZ) Terra (LUNA) Helium (HNT) Pancakeswap (CAKE) And Lucky Block (LBlock) I won’t reveal more about my timing methods and investment strategies here, for I have gained so much knowledge in the past few years. However, I believe, with the proper timing (proper timing only), a total of $1,000 invested in all the coins above would bring at least $10,000 returns in less than 18 months. Please note this: this is my personal opinion, and what I intend to do. It is not what I ask you to do. You’re responsible for your own investment decisions. Source: https://learn2.trade
  25. SILVER (XAGUSD) PRICE: BULLISH REVERSAL AT $22 LEVEL, TARGETING $23 RESISTANCE LEVEL SILVER Price Analysis – February 10 The price may increase to the resistance level of $23 and if it does not hold, it may incline to $24 and $25 levels. When the bears interrupt the bulls, price may decrease towards the support level of $22, $21 and $19. XAGUSD Market Key Levels: Resistance levels: $23, $24, $25 Support levels: $22, $21, $19 XAGUSD Long-term trend: Bullish On the daily chart, XAGUSD (Silver) is bullish. There is a formation of double bottom chart pattern at $22 support level. This is a bullish chart pattern which indicate that bulls are increasing their momentum in the Uniswap market. The price is increasing towards the resistance level of $23 at the moment. That means the buyers are in control of the Silver market, further increase envisaged. There is an increase in bullish momentum as the Silver price is trading above the 9 periods EMA and the 21 periods EMA. The relative strength index period 14 is above 50 levels with the signal lines pointing up displaying bullish direction. The price may increase to the resistance level of $23 and if it does not hold, it may incline to $24 and $25 levels. When the bears interrupt the bulls, price may decrease towards the support level of $22, $21 and $19. XAGUSD Medium-term Trend: Bullish XAGUSD is bullish on the daily chart. The price was bearish last week as the price action was under the formation of “W” chart pattern. The bulls have gained more momentum and the price is increasing accordingly. The price is heading towards the resistance level of $23 at the moment. The Silver price is trading above the 9 periods EMA and 21 periods EMA. The relative strength index period 14 is above 60 levels with the signal lines pointing up to indicate buy signal. Source: https://learn2.trade
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