BTCUSD analysis (Lower timeframe)In context to my earlier analysis on BTC ("BTC Decision time) , this chart posted is based on the lower timeframe , and tells we are ready for it , and we can expect the big move within 1-2 weeks.
Cryto
ETH Failed breakout?ETH broke trough the ascending triangle but with little volume.
I was expecting it to reach around 245 - 260 Euros but the RSI seems to indicate that ETH is a little bit overbought.
My new expectation is that we will reach between 165 - 170 Euros before possibly continuing upwards.
EDIT: you can always discuss different ideas with me.
Bitcoin short-term movementBitcoin just crossed over first ATR line and changed it to the green (long signal 1/4)
RSIOMA signal line changed to green (long signal 2/4)
RSI line is very close to the middle line (neutral signal 3/4)
Heikin-ashi Smoothed changed from red to green (long signal 4/4)
3/4 Long signals
1/4 Neutral signals
Short-Term Market side - Bearish
Medium-Term Market side - Bearish
Long-Term Market side - Bullish
Risk of the trade - average
Position size - average
Bitcoin, 100 Days of sidewaysComparing BTC 0.02% to the 2014 crash, I think we've found our accumulation zone.
In 2014, the crash lasted 1 year with accumulation lasting 9 months during 2015.
The crash of 2018 took 6 months, at the current rate this accumulation will last 4.5 months.
I personally think it will be a little faster.
From this date forward I think we will have 100 days of accumulation before the next crypto bull run
BTCUSD - Keep it SimpleLooking at the bigger picture
- Break and Retest of Weekly Trendline
- Favoured Fib Retracement
LTC could be near the end of the correction?Well, I believe LTC is very close to the end of this Great correction. Even though I am still on the fence whether or not LTC will touch $81 - $83 range, I still think it could take off at any moment. In my opinion BTC will be going crazy in the next 4 to 6 months, so as we all know ALTs will follow and LTC will scream up like crazy as well. I am being very level headed when I say LTC will most likely see $600 by the end of 2018, but if you really what to know what I am thinking.... I say over $1000 by December 2018 - January 2019. This is just my opinion, so trade safe and be responsible with your money. The ultimate decision is yours to make!
#Bitcoin are bears going to let bulls up another leg again Y/N Here's another intra-day re-jig while I think when to update on my other charts.
LTC retrace pattern still playing out wellThis trade idea is still playing out pretty well. I did have to adjust it a bit for time but the general path has been pretty good since late April. That dump we had a few weeks ago threw the top of this channel off a bit but I think we see a retest of $114ish and depending on what the bears have left maybe even $96-$100. We can still get a good bounce at the end of this flag to break out into another bull run and flag. I would wait for a double bottom if we do drop to jump back in and confirm we have bottomed.
NOT TRADING ADVICE
Bitcoin to 10K? Yes it possible!Hello,
Welcome back to my page. if you guys recall last week i told you guys that we could see bitcoin closing the week at 8,900 to 9,100. Well, it turns out to be another hit for us as btc was able to hit pass 8,900.
on my weekly chart we've been able to break out of the trend line and heading up with strong volume. this is the best time to enter your bullish position if you haven't cause i see btc hitting 10k. this is the best time to buy! The road is clear for 10k
please Like, share if you wanna see more of my btc analysis.
ENJOY YOUR PROFIT!
XRP/Ripple Trying to Create D1 UptrendI have a trade set at MN/WK demand, but it looks like price not make it there. D1 chart starting to show some bullish moves, possible uptrend being created. At this point waiting for come direction.
WAN DROP TOPWan is currently oversold and RSI, MOMENTUM, AND STOCH divergence is showing a drop is imminent. An ABC correction to test the EMA is anticipated. A doji followed by a forming hang man candle is present,but there's still time left for the candle to form something else. Green box near 0.618 fib is first target. If that breaks, 0.5 fib, then 56k satoshi range near 0.38 fib are the next targets.
Bitcoin heading for $7,102.6 or less after bearish pennant?How to calculate next low with a bearish pennant ? I'm doing it my own way, not like in books $8,674.4 - $7,835.9 = $838.5 or $8,674.4 - $7,716.6 = $957.8 Then pick a measure from inside pennant. I'm going to take 50% $7,941.1. Therefore $7,941.1 - $838.5 = $7,102.6 or $7,941.1 - $957.8 =$6,983.3. I'd be happy if it just broke $7,240. In case of trap I've mentioned in previous post some of what I've been looking out for.
False perception for BTCUSDBTCUSD is above its 200 moving day average again.
Currency trading is closed on weekends for retail traders has given the false perception to go long on BTCUSD. Notice the red line is flat while BTCUSD is rising.
BTCUSD should be flat to up on Monday, down on Tuesday. Then high probability to continue down after.
Most likely BTCUSD will stay under its downward trend line which is being touched currently. If it goes above that then it could retrace to 10-11K then down to complete head and shoulders previously.
25-50% Growth on AURBTCHey everyone,
Well I have been looking at opportunities as best I can in this wild west of a market at the moment. Tonight I stumbled across my next call which will be a long on Auroracoin for 25-50% growth.
Looking at the day charts this coin has shown some steady improvement since the start of the year after it has had a long slide to the down side for quite a long time. Consistent sells seem to have plagued it position but perhaps there is a shift to the up on the horizon. Since Decemeber it had a few bonkers spikes of 100%+ but that is not what I am interested in. Don't get me wrong I'll take that if it comes my way, but I am looking for something a little more steady in growth. Slow and steady as they say.
Consistent positive trends, along with a steady RSI showing nice consistent strength, and some clean divergence on my MA indicators makes me think this could be a nice clean ride to a 25-50% profit.
let me know your thought, and any alternatives...
Cheers,
Dave
BTCUSD uptrend target 13,200. Resistance at .236 fib.BTCUSD is in an uptrend. Currently trying to work past resistance at .236 fib. My positions are x1000 since the system does not allow less than one unit to be bought / sold. In other words, my position listed on the chart is 0.101 btc not 101. I entered this trade a little prematurely. I should have waited for a clear break of the .236. I also like to see clear crossover of the 20 / 50 EMVAs on the 3 hr. Neither of these occurred. I am new, so I'll learn my lessons. Stop will be set later today. Probably in the low 10k area.
BITCOIN analysis for the next weekIt has been 6 bearish weeks for Bitcoin. Now it's stalling at around 9000 where weekly 20EMA has been acting like a strong level of support ever since. 0.786 Fibonacci level was tested. I do believe that Bitcoin will recover next week with some momentum to the upside. A break and close above the counter trend line and EMA crossover will be a good signal for us to go long on Bitcoin.
IOP Falling WedgeVolume starting to come back into IOP. MACD is about to cross and RSI heading up. Previous targets still stand.
Bitcoin continues to test descending resistance, remain bearishSell below 11786. Stop loss at 13109. Take profit at 9328.
Reason for the trading strategy (fundamentally):
There has been slightly more good news coming in lately which is causing Bitcoin to hold well above the 10,000 mark. Good news revolve around Singapore’s MAS (Monetary Authority of Singapore) believing bitcoin won’t cause a financial meltdown like the 2008 Lehman Brothers bankruptcy, along with stock trading mobile app provider “Robinhood” jumping on the crypto-trading bandwagon – announcing it plans to roll out bitcoin and ether trading services next month.
Reason for the trading strategy (technically):
Price has made a pullback to our long term descending resistance line and also major resistance at 11786 (Fibonacci retracement, horizontal overlap resistance). We remain bearish as a strong reaction could occur at this level to push price down to at least 9328 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 95% where a corresponding reaction could occur.
BTCUSD - BOTH LONG AND SHORT OPPORTUNITYBITSTAMP:BTCUSD
Hello Traders,
I have an price action analysis for both bitcoin buyers and sellers so stay tuned.
For Buyers:
Idea no.1 : Look to go long on pullback to support zone of 9005 - 9023.
StopLoss : below Support zone.
Take Profit : 12500
Idea no.2 : Look for Breakout of 12589 -13059 and Go Long.
StopLoss : Below 12000
Take Profit : 16000
For Sellers:
Idea no.1: Go short on move to Resistance zone of 12589 - 13059.
Stoploss : Above Resistance zone
Take Profit : 10000
Idea no .2 : Go Short Once Candle Close below 9000.
Stoploss : 9500
Takeprofit : 7000
Kind Regards,
Yalmaz Dogar
BTC Bitcoin update: the BUY ZONELooking for an entry to BTC and I'm focusing on the yellow elliptical are representing the breakout zone for the recent downtrend.
BTC positive divergence (again)BTC is indicating a reversal again on the 30 mins chart. We should start to see a bounce back up from here. The last two divergence calls have been sport on.
