Get started

Atlcoins

iost/usdtHi guys thanks for checking out my idea as you can see possiable long on iost/usdt. I typically just let the paint talk for me, as you can see we may have started a accumulation zone. I also think the levels above have been testesed so if... we can pop threw the tested level we should go to the next. If we dont make it then safe to say the move is over. Adjust your stops accordingly and happy trading plz like and follow it really helps me to bring more ideas,thanks again.
Long
by jasonparent
Let's Try This Again! ADA And The Falling Wedge C Wave Alright, here we go again with ADA. The long setup I've been posting about recently still has potential, but this one might be an even better trade. There's a lot of pressure building up for this coin, in my opinion. Not only are we coiling right below major USD resistance AND Bitcoin ratio resistance simultaneously, but now we're in a pretty clear falling wedge (confirmed by decreasing volume). The decreasing volume is a bullish signal, because it means that even though prices are declining, the confidence behind this move is waning. This indicates decreasing selling momentum. When selling momentum completely dries up, there's not enough supply to keep up with demand, and price shoots upwards. That's the science behind the falling wedge reversal. Now, this doesn't have to play out. This will be invalidated if ADA breaks out of the wedge to the downside. I called a falling wedge on XRP, but that one actually broke DOWN rather than up. However, in that instance, XRP was closer to a top than a bottom. Additionally, the volume profile didn't quite match up. In this case, we seem to be nearing the end of a C corrective wave. Remember when Bitcoin ended its C wave? Look what has happened since: ONTBTC is in a similar pattern, so instead of doing a separate analysis I'll just post the chart here: The setup here would be to BUY on a confirmed breakout of the falling wedge. It could extend several more days, but it could also happen any moment. Targets would be 1100 (pink broken uptrend) and then 1250 if that can be reclaimed. If 1250 (neckline) breaks, we could see a much larger impulse up. Additionally, Bitcoin has held its uptrend for now, and seems to be simply consolidating. The lack of a sustained breakdown in the market could give enough confidence for some money to flow into these beaten down altcoins from the previous bull market. Let's see. This is for educational/speculative purposes only and is not financial advice. -Victor Cobra
Long
by VictorCobra
Bitcoin TA | Target for 10k or above?Hi Guys, I had made the bull call way too early, but i went wrong initially cause i didnt include all data points. If you see the current behavior of BTC, it is showing the sign of Bull again, but dont fall for it. It is yet to come out of Bear Trend. When Bear trend will be over, read below TA. Here we have two pattern, Bear butterfly pattern and Bull Bat pattern. If you see carefully, Bull Bat pattern has been point on, and it is reversing the trend to upwards. Similarly, Bear Butterfly pattern needs to complete its pattern (16k)and do a reverse downward trend and then rise(way too far away). So for pretty long time , we are in Bear trend only. Having said that, lets try to analyse near future behavior. Recently BTC has completed BULL BAT pattern, and it has reversed its direction to go UP. So how far it will go up. if you see the chart, I have marked 32,50,62,78 retrace levels. But there is heavy resistance between 50 and 62 retrace level i.e.. 9.5k and 10k mark. 10k being psychological mark also, we can expect a downtrend there because of two factors: 1. 10k psychological mark. 2. Heavy resistance because of previous trend There is it should reverse its path to either 9.3k or 8.6k and then again rise up. Please remember we still in BEAR pattern, none of this is BULL run. So, for near term : Buy NOW and sell at 9.5k to 10k mark. Reenter at 9k mark. This whole thing will continue, untill we reach 16k mark and fall, and then we rise again. Unless we dont touch 16k, we are not in Bull run. Now you guys know, why BTC price is going up even when in BEAR Run If you like the TA, please like share and follow. For any doubts or querry please comment. PS: All of the above are my view only, please do your own TA also, cause its ur money. Remember its Trading Market, if u give ur money for free, people are gonna take it. Thanks Krypto Times
BITFINEX:BTCUSDLong
by kryptotimes
Bitcoins volatility continues and its relation to the AltcoinsIf there is one thing you keep on hearing from me is about Bitcoin not being in "bull run mode" yet. Yes, Bitcoin has been going up for an entire month now, but we are still within a huge downtrend, and the Altcoins market, which is the most relevant to us (me and my supporters), continues in its long correction. So what to expect next? We will still keep on taking on a few trades as they come available, but we will keep the focus on short-term, why? Because we are in a bear market (Altcoins market - Bitcoin is its own market), and this means that the overall trend is down. These trades risk is higher as they can go sour pretty fast, so it is important to know that there are risks involved when trading cryptocurrencies. In fact, there are always risks involved when trading anything, no news here, but I think is good to receive a reminder from time to time. When will the correction be over? The market will decide. Bitcoin has been going up steadily and slowly, but there isn't much momentum and volume lately. Also, I have this feeling of uncertainty that is really big, and this tells me to be cautious and so I AM. So we continue trading. Yes we can trade. But we also remember that the risk is higher with the Altcoins market the way it is now... in the red. Another detail about the relationship between Bitcoin and the Altcoins market is the following: In the phase we are now, any sudden move made by Bitcoin can crash the Alts. If Bitcoin shoots up strong, the Alts can start to crash until Bitcoin stabilizes or show some signs of slowing down. If Bitcoin starts to crash to retest earlier support levels, the Alts will also suffer. So what to do in this situation? We wait... Patiently. Because we know it is better for our pockets, as traders, because we surely know it is best. So use that last line to remember, that you are A DIVINE LIVING BEING... AND YOU DESERVE THE BEST! Namaste.
BITFINEX:BTCUSD
by AlanSantana
64