Several theses about Bitcoin in 2018Several theses about Bitcoin in 2018
1. Full reboot of the market until July.
2. The range of key support is 6200-4800.
3. The possibility of new highs in the third wave by the beginning of 2019.
4. New highs in the range of 28000-30000.
5. The total capitalization of the market at the time of the new highs of 1.2 trillion. Doll
2018
End of BTC Bear Market Prediction 6.4k 4-1-18Putting it on record that I think the bear market will end April 1st, 2018 at 6.3-6.4k. Too many reasons and things line up to ignore it. I won't get into the full theory right now but I just wanted to put it out there to look back on.
If I'm wrong, god help us. If I'm right, you should still do your own TA and not trade with this as advice.
I will update with details on the theory and reasoning once I have it refined.
The Bloodshed Is Probably Not OverHello everybody, welcome to my first ever public idea. Who knows, maybe there will be lots more in the future, or if I embarrass myself too bad right now today then maybe not!
Anyways, I'm thinking that April could be bloody. And I'm feeling optimistic about May and June. This analysis is based off of Elliot Waves, seasonal patterns, and my personal optimism about the future of cryptocurrencies and Bitcoin in particular!
Hold on to your britches folks. Things could get interesting!
What's going to happen to ETH?Here are my thoughts on ETH for 2018.
There is an ongoing linear growth since 2017. The linear growth was left 3 times but then returned back to linear support forming a flag pattern. After the flag we had a huge breakout to a new all time high.
So right now we might be in the beginning of another flag-pattern wich ends at the end of 2019 where another huge breakout might happen.
Are we going to see the same in 2018?
Feel free to comment I would like to discuss this idea and see wether you agree or not.
Bull 2018!? The nearest target is $ 24,000Hello, I decided to share my thoughts and make a forecast on bitcoin for 2018.
Based on the current situation, we have 2 scenarios.
1. Or it is a bullish 2018 year.
2. Or a change in the trend of bitcoin from bullish to bearish.
I personally give preference to the first option.
So, we are now on the verge of making an important decision.
On the weekly chart, we have a symmetrical triangle (indicated by a pink color).
If we break this triangle around $ 9,500-9600, then we remain in the bull trend, if
break through $ 7,200, that is, the probability of a trend change to bearish (here there is still the opportunity to remain in the bull trend if we push off
from the initial trend line marked with a green color of about 4200-4500, while the triangle model will not be realized).
Why will most likely be implemented the first scenario.
1. A symmetrical triangle is usually a continuation model. It displays a pause in the current trend,
after which the original direction of the trend is resumed.
2. Now we have a bovine trend initially, which means that the trend will continue.
3. Weekly Stochastic RSI has reached oversold.
The objectives for the implementation of this model - $ 24000, using the method of measuring the model of a triangle - is the length of the vertical
segment in the widest part of the triangle (base) $ 14,500 + breakpoint $ 9500 get $ 24,000 (price approximate
plus minus $ 2000).
This is not financial advice on trade, but only a personal opinion of the author.
I wish you successful trading.
Elliot Wave on Daily. Moon time?Too early to call it the end of wave C in this time frame but it seems like we are there. What should follow is consolidation followed by the next impulse wave (1-2-3-4-5) to new ATHs in the coming time.
Note: Quite a beginner at trading and this is my first published idea ever, would appreciate constructive criticism.
Bitcoin crossing multi-trend star event horizon into 2018It can be seen that a decision occurred on around january 28th 2018. This is a pivotal event horizon of all trend lines of the last 6 months. Now bitcoin price is moving past all measured trends lines which were established during the december rise. It seems major groups of traders (people, bots and Big Data A.I.) had their vision set on certain linear movements but this is proving to be an incomplete assessment due to human psychological tendencies of the types of people who are technologically more aware as compared to the mass of humanity. Such people are forming various new crypto-trading communities and have a profound advantage over the average and even advanced traders of traditional markets, so long as they remain outside of the popular data-mining schemes of business behind HCI. This is because their technological approach is a mirror of their psychology: decentralization, meaning shared insight in real-time over significant economic events. The price of bitcoin can indeed rise indefinately if all such trend lines are surpassed because the traditional established systems have lost control.
AMB $$ 2018 Long position..AMB is another supply chain crypto like WTC and Wabi. Is this the next one to run hard?
AMB is currently listed on Binance and is flying under the radar In my Opinion. The fundamentals are all there for this coin to be a great long term hold. The question is where do you feel comfortable opening a long position??
This is what I am doing.
AMB is is this falling wedge formation which it broke Bullish from previously which give's us an "idea" or a little bit more confidence about what it may do once it break's this second falling wedge. I see the 4 hour MACD is about to cross which may indicate another small pull back before a break.
But the RSI and CCI have turned indicating a reversal.. so thats worth noting in case we break the downtrend line and pop out..
What im looking for is a rejection from the donwtrend line and a quick flush into my buy zone indicated in Green. Im happy to buy in here as this the where AMB has had a 60% pullback from its ATH..
Let me know you thought's on this if you have any .. Or even if you think this is a sh1t coin .. :) Happy to hear your opinions below.
Buy Target is .00004900
Stoploss .00004300
Profits ?? Let her ride :) :) personal decision. I will be long into 2018-19
Litecoin LongtermAs you can see, I have drawn a clear channel for Litecoin which has lasted for almost a year now. We managed to surpass the top of the channel during the huge spike in December, but this was short lived as we quickly capitulated back down to the bottom of the channel. So overall I think this trend is still in place. You can see that we have touched the top and bottom multiple times which helps to validate it.
For the most part, we have been supported by both the 50 and 100 day Moving Averages during this trend. The two times that we fell through these supports we dropped all the way down to the 200 day and the bottom of the channel, and bounced quickly back up above the 100 day. In September 2017 this was followed by some consolidation, and a massive rally to ATH's. Notice how we are starting to play out a similar scenario? We bounced off the 200 day and the bottom of the channel again perfectly, and found support above the 100 day MA.
So the question is, can we hold support above the 100 day? We do have a death cross between the 50 and 100day MA's right now, but I don't see this as too problematic because the same thing happened back in November 2017. The way I see things playing out is some more consolidation, followed by a spike up to re test ATH's. This could happen sooner then I have drawn, but I'm hoping that this move will take a little longer and give us more momentum once we finally breakout from ATH's. $600 + is my target for then this happens. If we fail to hold support above the 100 day MA, then I will look for support from the 200 day MA. This will be a critical level that we really don't want to see fail, otherwise we will have to completely re evaluate.
Hope this gives you some insight to how Litecoin could play out, good luck trading!
BTCUSD : My Worst Case Scenario - $780 USD/1 BTC - Q4 2018Bearish Reversal around 50% and 61% Fib retracement levels at $14500 USD and a break below $6000 Lower Low can ultimately lead the price to around $780 USD. Thus it will be referred to a bubble just burst when this technical analysis has become valid complying almost every aspect of the prediction.