No change in view. The pair is locked in within a very large range, and its trailing one-way or another. The tendency is upwards I think, based on stochastic and other indicators (not shown). The fisher form is negative, but not in a directional zone. Strategy is RANGE TRADE or buy near 18.3850-18.4050 and take profit near 18.5450 for now.
Below is chart of the Elliot wave completed as a correction is incoming. Great time to be out and wait to strike
ZW1! is now net short on the regression break. It has a positive roll on the short side of (=2.4%) I will not take this trade
Notice how Zcash continues bullish and moving within a rising channel. For this pair also, 3-Feb. means the correction/market low. This is always quite revealing because the Cryptocurrency market is one; what one does, the rest follows. ZECUSDT has been producing higher highs and higher lows since July 2024, more than 8 months now. The flush earlier this months is confirmed a flush because of the long wick on the 3-Feb. session candle. The lower wick is very long as the market was activating all the stop-loss orders that are set on the exchanges. This is why I recommend using a manual stop-loss. If you used a manual stop-loss, this move would result in no loss and the market recovers the next day. If you set a limit order as your stop-loss, you are simply telling the exchanges and the bots that you are committed to sell at a low price, and that's exactly what you get. It is better to buy and hold focusing on the long-term. Cryptocurrency is new. Cryptocurrency is bullish. Cryptocurrency is young. With a new, bullish and young market, the best strategy is to buy and hold. Cryptocurrency is the Internet 2.0. We are only getting started and we will definitely change the world; for the better. Thanks a lot for your continued support. Namaste.
Based on this Elliott Wave Count on the Others.D chart, it suggests that Wave (IV) has completed and by extension means that Alt Coin Season is here! Technical confluences at this level: Monthly 100 Day EMA 23.6% Monthly Fibonacci Level 61.8% Fibonacci Projection Level Parallel channel that forecasts the completion of Wave (IV) There are 2 targets, 25% and 34%. Let me know what you think. Good luck!
I don't know why but there is always something that inspires us to sell at the bottom and buy at the top. Why is this? Do not sell anything. Do HOLD now and hold easily and patiently because very soon we are going up. If you are feeling anxious or panicky or just shaky in whatever way, feel free to disregard this feeling because this tends to happen when the market shakes. Here we have the OTHERS index chart. Notice how trading volume continues to move lower; how the current daily action is sideways; and how today compared to the 3-Feb. low we have a higher low. This is all you need to know. Bullish volume is also dominant; bearish volume is very low. This all means that the bottom is already in. We are at the bottom, close to the bottom and this only means one thing; Once the bottom is hit we can only go up. The worst time to sell is now. The time is now to either buy or hold! What are you doing today my dear friend? I am buying Cryptocurrencies at a discount. This is awesome. Thanks a lot for your continued support. Namaste.
Traditionally, it is believed that the shares of senior Gold miners perform at about three times the leverage of the Gold price. However, they have not done so for several years. Therefore, the unanswered question has been hanging in the air for just as many years: why not? The margin, the profit achieved from the […]
Data storage and resilience company Lonestar and semiconductor and storage company Phison launched a data center infrastructure on a SpaceX rocket on Wednesday that’s headed to the moon. The companies are sending Phison’s Pascari storage — solid state drives (SSDs) built for data centers —packed with Lonestar’s clients’ data on a SpaceX Falcon 9 rocket […] © 2024 TechCrunch. All rights reserved. For personal use only.
Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at whopping $1.9 billion valuation as the world went shopping online in the wake of the Covid-19 pandemic, and businesses rushed to improve their e-commerce operations. […] © 2024 TechCrunch. All rights reserved. For personal use only.
The boom in e-commerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, to inventory, to marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series […] © 2024 TechCrunch. All rights reserved. For personal use only.