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Bitcoin Projections: It's All About the CorrectionHey traders, Quick Summary, focus is on the correction today for obvious reasons, where is the bottom? 8700-8900. lots of confluence at this zone. I project a wick will make it through the 200 ema on the daily chart and bounce with nice volume off the .382 fib line for the overall retracement, if we fall below this area things may get bearish real quick. Remember, its a bear market til we pass over 11780ish. As such, we can't let these rally's go to our head like Bitcoin is invincible. :) lol Make smart moves and recognize when critical points are broke to validate certain scenarios playing out. Its easier to make short term projections than long term projections, as a trader, this is where the money is made. If we break out of the descending channel we are in and find support on top of 8300 then a SHORT TERM long position I will enter to 8600 attempt, although i expect to get shutdown from there and fall lower overall. Best of luck traders. If you enjoy my videos please follow and like, you can find me under multiple other platforms as well under the crypto blend or crypto hippo. I can't post the links in here though so just YouTube it. Im the only crypto hippo :)
BITFINEX:BTCUSDShort
by TheCryptoBlend
Houston! WE FOUND THE BOTTOM. #BTCUSDShould I scare going against the trend? well, lots of TA thinks we going to 5\4\3, and I ask my self, why? None of the TA charts support this, only long shot charts requested by some analysts, As simple as I see it, BTC has found the bottom. I will Be very surprised if we will not hold the 6000. Now, all we need is just watch the days go by, and Sorry for not longing this Shit all the way up. This is my TA, done for my OWN purpose, StopLoss At 5700. Love you all!
BITMEX:BTCUSD.PLong
by BITBITcrypto
2
ALT SEASON OR BTC BULL RUN?They say people only see what they want to believe, that markets exist to make fools of the overly hopeful... Well, half of the crowd is calling for an alt season, and the other half for a new BTC all time high. IMO both groups are jumping the gun as we are still in a downtrend! In order for either to occur BTC needs to enter a sideways accumulation phase first. On the log 1D I see a clear uptrend & downtrend, based on which I can assume we will narrowly escape this downward spiral in mid-April and have ourselves an alt-season. Why not a BTC bull run? Simple - we can't start another BTC run-up until we consolidate, and historically we see that when BTC consolidates, alts flourish! BTC has yet to move sideways whereas many alts have been bottomed out for months already. Of course, neither alt nor BTC can flourish with the low volume we're having lately - we need a newfound public optimism in the cryptosphere to proceed. Furthermore, for 2018 to be the biggest year for crypto yet, we will need institutional money to enter as well, which we all know is waiting for the green light from regulators. With most of the FUD from this past quarter exhausted, & though its contradictory to my opening sentence, I feel HOPEFUL for the remainder of 2018 :). Just my thoughts, happy trading!
BITFINEX:BTCUSD
by AspiringPro
1
EBST TradeHeres our TA on the coin, EBOOST. We've had a very strong decline in the cryptocurrency market, and it seems like things are going bullish for the time being. With BTC breaking out we can expect many coins to follow in its footsteps. The technicals are amazing, with RSI & MACD showing nice signs of reversal. On the 4 hour timeframe, we've broke out and consolidated creating a bullish flag and broke out of the flag sending the price upwards! On the daily chart once we clear 0.000038 the price has double bottomed on the daily and should send the price a lot higher! (Shown by green line) Stop losses can be set below previous resistances 0.00003029 0.00002615 Take Profits at fib retracement levels 0.00006661 0.00009150 0.00011163 Entry 0.000038 (Double Bottom) We'll be updating this post as time goes on, including when we enter or exit the trade. Cheers! Feel free to check out the related post on how we can maximize profit while minimizing our risk, we'll be implementing this method into this trade!
ELong
by 162Trading
2
MUE Price Analysis Key things to note from the chart: - Price has challenged each Fib level respectively - Price hanging between 100 Day MA (support) and 200 Day MA (Resistance) - Market patterns show substantial moves every ~50 days (vertical lines) Entry would be relatively safe at this level with decision time (1/6-1/7) right around the corner. If my picks help you out, don't hesitate to share the love! Eth: 0xF6451592D017dd29111d97b21F108F1e566F60b6 Btc: 3Qxd68TUeA3uVNSXizmDCbx5KhNUqngD7D This is not investment advice, just my perspective on things.
MLong
by jamiecohen24
Bitcoin Resists Head and Shoulder, Heading to Next ResistanceKey Resistance of around 16000, if Bitcoin rises above this, I will be adding to my position for a test of ATH at near $20000 Key Support area has been effective thus far Even resisted that threatening and bearish Head and Shoulder I expect Bitcoin to stay fluctuating in between horizontal resistance and support for some time, before breaking upwards to test All Time High. Meanwhile, it may be a good opportunity to get some Alts that are dipped into good prices due to the recent BTC rise :) When you're comfortable with the bitcoin and the big boys like Ethereum and Litecoin, head over to the amazing world of smaller cryptocurrencies, called altcoins. This place is where dreams can come true... really fast. There are lots of potentials here. But be careful, don't get too greedy. Examples of smaller cryptocurrencies to buy? Ripple, Neo, Omisego, IOTA, Dash, to name a few. Try out one of the best cryptocurrency exchanges right now. If you haven't already gotten some of these in your portfolio, I highly suggest you check them out at the biggest cryptocurrencies exchanges out there right now. These are the places where 1000% (or 10x) rises in value are quite common, if you do enough research and pick the right ones Binance--> www.binance.com (use this link to get 50% off trading fees for you to save more!) Or Kucoin. Kucoin is a relatively new exchange that is holding a lot of promotional activities (means you get FREE STUFF). It's also the best place to get up and coming newly release ICOs from $NEO. Examples like Deepbrainchain, Redpulse, and so on. You can also get $DRGN, Dragonchain at Kucoin, which many people say are brimming with potential If you've used Binance before, it's quite similar. --> www.kucoin.com Or Bittrex--> bittrex.com (sorry no promo links for this one :( ) Or for the really adventurous ones that want to hunt really low cap coins (so called undiscovered gems), there's Cryptopia, a small cryptocurrency exchange that contains many very unknown coins with HUGE potential. Riskier though! --> www.cryptopia.co.nz (Again, use this link to.. I'm not sure what this referral does. I think you'll either get discount for trading fees, or some free tokens.) Thanks for viewing!
BITSTAMP:BTCUSD
by timtam12345
BAT (Basic Attention Token), PENNANT FORMATION. Like most of the other coins today, basic attention token is facing a lot of bullish pressure on the market leaving the token just below the $0.30, which in comparison to the USD value whatever is actually one of the highest prices we've seen since its initial release. We may see a slight pullback if the market suddenly drops or begins a bullish movement, however, if you're in this coming for the long-term you're going to make a profit as 2018 is going to be a tremendous year for coins like this. The Pennant formation is indicating an upcoming bullish trend and it should be used to indicate where the price is going to head to next, if we break the resistance we are going to see another movement upwards, conversely, if we break the resistance it will continue to drop. Orange - Resistance. Pink - Support. As always trade the lines accordingly.
by thomasfar6
2
LOMO: Reversal + AirdropSo it's been a crazy 48 hours with BTC bleeding the alt market but a recovery is near. I like to think of these times as a great opportunity to buy altcoins on sale. one of my favorite alts BITTREX:LMCBTC is looking ready for the rebound. Like many alts at the moment it is very oversold on multiple timeframes and finding its bottom (for the moment). Like many other alts it has experienced a +50% drop in price in the last 24 hour likely due to the light order book. However this coin has strong support and a budding community that value it at higher that the current price. I suspect it will return to previous price levels relatively quickly for the very same reason it has dropped (a light order book is a double edged sword. Entries at < .00000400 are optimal. The LOMO team is also having an airdrop event today and tomorrow which may possibly hasten the recovery. Trade smart.
LLong
by myceliium
2