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(MOREBTC) Low volume TIP - 50% in a day. 2890%+ PPLet's take a look More (MOREBTC) on Bittrex. This is a beginners tip and example of how you can become a crypto-millionaire in a bull run. Take a look at the charts above: - You can see a huge 50% increase in price in just a few hours. - 2800%+ profits potential to last years all time... Just last year. - The cryptocurrency market is a "crazy" place, but this crazy is actually amazing in a way. Lots of opportunity to learn and trade, but there is also huge risk, so be careful before you pay. This is no trade advice of course but take a look at these charts. These are opportunities in the making. This is a low volume coin, so people normally run away from these and that can be understandable, but this can be a profit generating opportunity if you know how to approach it. When going for low volume coins, all you have to do is to diversify and only use money that you can afford to lose. Pretty simple... Wait for the full retrace to be over, put in a very small portion of your capital in and... Wait for the next bull run. When the next cryptocurrency market bull run comes. It won't matter if you are buying low market cap. or high market cap. coins. If you are here to make money... You can put in 0.005 btc on this trade. Your risk will be very, very low, yet your potential will always remain great. Potential earnings example within the cryptocurrency market: - Bitcoin price for this example: $4,500 (before bull run - 2018 bears wet dream - bulls 2017 impossible target / way above 2018 bottom so far) - 10x for a 0.005 btc buy can generate 0.05 btc. (MOREBTC goes up 1000% for example - see chart above) - When the bull run comes Bitcoin will also go up. - Trade against BTC (MOREBTC) for example. - If Bitcoin goes 3x, then your 0.05 can grow to 0.15. - Bitcoin now at $13500 in this example, can generate $2025. - 0.005 btc @ $4,500 = $22.5. - So $22.5 can generate $2,025. (EASY) THIS IS JUST AN EXAMPLE OF COURSE, BUT IT SHOWS PRETTY CLEARLY HOW FAST YOUR MONEY CAN GROW. That's how you can become a crypto-millionaire. You take the small risk, you buy and you wait. In due time, patience will pay. Namaste.
by AlanSantana
12
DXY Dollar Index: More Consolidating of recent gains likely DXY Dollar Index: Consolidating recent gains The dollar is consolidating recent gains after reaching a high at 94.06, some 14 points shy of the medium target here. My bad and not a fault in the chart, as there is old resistance at the 94.03 level from the end of last year, as the chart clearly shows. Sorry for that. Anyway DXY (and USD pairs) look like they have some more unwinding to do in the near term and DXY should come back down the small parallels it's beginning to form to the 93.12 line which must then hold if the dollar is to remain firm for the rest of the month from here. Any subsequent failure to hold the 93.12 line will trigger another near term bout of dollar weakness back to 92.55-92.25 and at the same time trigger EURUSD longs (and across most of the other pairs too.) On the upside, for the Dollar to escape this period of consolidation and avoid a retest of 93.12 it has to break back above the upper falling parellel from the high and then hold at the 93.36 first line of support on the first retest from above. But that looks unlikely in the very near term, as above.
TVC:DXY
by sumastardon
EURUSD Target achieved, counter-rally followed by more weakness EURUSD After another rally back to the upper parallel precisely EUR has fallen to the target at 1.1915 after an intra-day low at 1.1910. It should now attempt a feeble rally back to 1.1946 and the upper parallel at best before it falls away again. And unless it can find a double bottom at 1.1910 when it next comes off the likelihood remains that it will decline further still over the more medium term in stages to 1.1880 then 1.1815 and finally to 1.1721
by sumastardon
[LBC/BTC] LONG TERM INVESTMENT! BIG PROFITS!Hello Traders! Here we have LBC/BTC. According to my TA LBC* we might be seeing stronger bullish signals than last year! This means new all time highs within the next couple of weeks/ possibly months! (March-June). You wait, you win. Patience is key. I've been very confident in this trade ever since early December. BUY NOW otherwise you will regret later. Please do not forget to like and follow. Best of lucks to all! As always this is my trade opinion, invest what your willing to risk!
L
by Gibmoses
BTC NEEDS Higher LOWBTC needs to form this Higher Low on the daily . If it can the BTC recovery is looking a lot more positive. The Daily MACD has crossed but BTC still needs to confirm higher low . The first test is the 9500 level and if BTC can break above this and form a new higher low over the next week this would be a very good sign that the recovery is underway. Also to note there was a LOT of Bull volume in on the 6k mark which may have signalled the bottom may be in for now Lets see :)
COINBASE:BTCUSDLong
by gillman_hugh
BTGUSD More tradeable downside hereBTGUSD Still running within the same sets of rising parallels, BTG took 10 days to more than double from its lows. A laggard. It's still unwinding, making a similar continuation pattern to the one that has just preceeded it...it may try to rally one more time to 348/9 but once 321 gives way it should fall to 299-289 range, worth shorting. Whilst trapped within the falling parallels from the highs BTG will remain in a weak technical position. To turn back to bullish from here BTG will have to break above 352 and hold (not spike higher and fall away) only then will it look safe to follow for move up to 391. But the chart is saying more downside is likely first.
BShort
by sumastardon
EURUSD: Still more EUR upside in store to 1.1880EURUSD Don't get Spiked in FOMC aftermath Eur stays under pressure whilst trapped within the parallels - a break above the upper parallel means trend change back to positive for EUR - not a spike above the parallel (FOMC) - a successful break and hold on retest to know that trend is changing back to positive for EUR. Update: A fantastic break that we usually only see in the crypto markets. But today the fiat paper currencies caught the fever. EUR is strong above support at 1.1813 and should bounce here at lowest on any consolidation from here before rallying further to 1.1880 *The first section was written for hedge funds ready for the run up and aftermath of FOMC meeting - to simplify and de-noise the event It's not much use for trading purposes now (TV had an embargo limit running 24 hours ago when it was uploaded and thought it would do it automatically when time limit expired. Wrong. So many limits to getting information out with so many markets to cover. This is not the way. But the price action here is worth uploading for newer traders: put the parallels on your own chart with a 5 minute chart and see how perfectly EUR comes back to test the parallel from above - one last perfect kiss - before it flies higher through uncontested space above it. The whipsaw you see is normal crap after an FOMC meeting - but out of chaos emerges perfect order. Just takes a little time. You don't need to get caught in the noise. You need to get caught in the aftermath. Sometimes it pays to wait. Hedge funds do. Why not you?
Long
by sumastardon
GOLD: XAUUSD All about the dollar nowGold/USDollar XAUUSD It's all about the dollar for now Sometimes gold is a fabulous market to trade - when it gets itself in a trend that traders can see glinting at them off their screens the impulse waves it goes on to form are some of the best in any market (except Brent Crude which wins top spot for powerful, tradeable impulse waves, see today's comment)Right now is not one of those golden moments. Gold is a really difficult, choppy market, great for day traders but not so good for swingers. The first point is to recognise that with no real wave to power it gold is consequently aimless, taking a random walk on a northward bearing and very much against its will, judging by the pin bars studding the uncertain zone between the 3 blue lines on the chart. It's now powered from underneath by ongoing dollar weakness from here, (see DXY comment today). You can see from the chart that gold doesn't really want to go up, that traders are pretty bearish, or certainly were until DXY fell out of bed in London this morning...But DXY is already testing the first target at 93.99 after a low at 93.97 and should make a feeble rally (as per comment) before falling away again. Once 93.97 gives way on DXY It should fall to to 92.6 at least, so another 1.5% from here. Look to buy dips in gold (and if you're experienced you'll already be using DXY chart as confirmation of when to distribute and when to accumulate) because with at least 1.5% and quite possibly 3% to come in dollar weakness gold will keep defying the bears over the next few weeks. It's on support right now at 1278 and unlikely now to dip much lower. Only on a break below the trend line supporting the recent lows will the underlying resilience of gold be shattered - a fabulous downtrend should re-emerge as a consequence, driving price down to 1205. But until that happens, it's tricky. No trend except a seemingly grudging reaction upwards to dollar weakness. Go with it for now. No point in fighting this yet. And if you're looking to trade a trending market right now, try Brent (or check today's comment). They don't call it sweet crude for nothing.
FX:XAUUSDLong
by sumastardon
Dash/Dollar DASHUSD Reverse head and Shoulders with more upside DASH/DOLLAR DASHUSD Reverse head and shoulders with minimum upside target at 464. It's then morphed into what looks like a continuation pattern from September through early November, with a beautiful pin bar from the right shoulder ...which is itself the head of a tiny final reverse H&S - before Dash explodes northwards on aggressive buying interest. And on today's daily chart the low comes back to test the upper parallel for one last fleeting kiss. That's some classic price action. Lots of excellent patterns hiding in the noise. Should push on to 400 and later to 464. Very near term it may form a little flag - whatever it does will likely be pretty! - before it goes again. Time, as always, will tell
BITTREX:DASHUSDLong
by sumastardon
BITCOIN: BTCUSD Way more potential upside in storeBitcoin Update The Shape this is Throwing So far, the parabolic shape Bitcoin is making remains very encouraging for the future. If it can now hold up today between the old high area at 7450 and the new parallel , now at 7425 between now and Tokyo and China opening we could see some spectacular gains...it just has to hold up now... Stops for day-traders remain under the parallel by 20 points or so for now and under 7330 for longer term holders for now. The last massive surge from 6000 to 7350 came from the East. They like break-outs - if we hold up today as above Bitcoin could begin to fly higher, substantially higher. $15,000 looks like the next big number: 2, 3, 5, 7.5, 15 - let's see. But we still need to get through today: depends how involved you want to get from here...it's still in corrective mode just trading between the high and a recent low at 7474...but WOW the shape here, if the highs get taken out later on here and early in China. Suggest increasing holdings if and when (hopefully) the high is broken again aat 7577 - whether that happens soon or later. Use a stop under 7450 and it won't get hit. Good Hunting, once more, with way more potential upside once we see a break above the highs than yesterday. Be Lucky.
BITSTAMP:BTCUSDLong
by sumastardon
BITCOIN: BTCUSD Less BS more chartBITCOIN: BTCUSD Less BS version More Chart What will be giving cheer to bulls right now is that fact that it's holding up so well around 1735 and down to the next listed fixed support at 7077-7065... no one really wants to sell... it's coming up to a speccy buy here when it retests 7077 or alternatively consider putting a buy order in around the 7015 level (with a stop about 50 points lower, though) and there is quite a good chance it will get struck by look of chart. Those pin bars at 7005 and 7000 off the lower parallel look good for the bulls, showing quite agressive buying power down at this level, so if we do see another sell off below 7077 - 7065 near term support range that 7010-6095 range is the next area of interst for those looking to get long (with stops). Alternatively wait for 7270 to be beaten and look to buy on the next minor pull-back from there. So far the notional fixed support lines drawn on the chart yesterday have proved quite helpful, so remain unchanged for now. Can't rest now until Bitcoin has been tagged, bagged and in the freezer. More as this move develops, football permitting, obviously. And if 6950 happens to give way whilst the football is on, we need to stand back for a while - it should then come back quite a lot further still. But right now, Bitcoin is coming up to a buy point again on retests of the upper parallel. So long as it uses that parallel for support this monster cannot run away to the downside... Those already long might consider increasing positions on a move back above the near term overhead congestion zone at 7262. So much BS needed in effort to keep less experienced, newer traders from blowing their hands off - sorry - to experienced traders . Long story short: it's more risky to buy here but reward is a little greater. Counter intuitively, It is way less risky to buy once 7262 has been beaten...it should then move back up to 7500 quickly - the next big test - it has to then show enough power and momentum to push through - some traders will close out here just in case there's a double top about to form...the question is how many??? More than want to buy??? Unlikely, but possible - only once 7500 is broken can we claim that Bitcoin is finally bagged and in the freezer. Until then it can still bite your bollocks off. Good hunting, gentlemen.
BITSTAMP:BTCUSD
by sumastardon
Brent Crude: UK OIL More upside still once 60.60 is breachedUK OIL: Brent Crude: The medium term trend remains positive whilst within the parallels shown on chart, so whilst above 58 Brent looks to have more upside still, and should go on to test the upper parallel at 63.30 once minor resistance at 60.60 is breached. Will be looking to close down longs at 63.25ish and then wait to see price action develop at 63.30-63.50 range - if we don't see an aggressive red candle emerge it means hedge funds are still greedy for contracts and that upper parallel could yet get broken on the upside. Don't think it will, but need plan B in case - only if 63.60 gets breached on upside and then Brent comes back to test the upper parallel from above and then bounces back up through 63.60 will look to get long again for further strength up to 67.30 minimum. The next resistance above here lies at 69.73. Any test of this latter level is likely to mark the ultimate high of this run and if struck should present a good selling opportunity over the coming couple of weeks. More as this move develops...
FX:UKOILLong
by sumastardon