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Altcoinninjas

ELF BTC BINANCEGreetings! So ELF pumped hard. I had been waiting for this pump for 3 weeks! Those of you who have been with us for a while will remember riding those massive ELF gains from a few months ago. Seeing the full retrace tempts one into searching for pumps! With this large interest possible on this coin i think it is a good one to make trades on. Today We sent a signal out for our Cryptohopper And you can see it made good gains! Expect more action like this out of this coin. Things to note!!! It didn't pump until after BTC was looking down, so it hasn't been experiencing "false independence" from BTC like many of the other alts have of the last few weeks. We will be watching closely.
by Altcoin_Ninjas
3
Daily Update on BTC USDT BINANCEGreetings, So previously we had made a "test" predicition about BTC reclaiming 6700 after it was compressing... More signs pointed towards downwards however it was clear that it was not a strong probability of up. Currently we have settled near a temporary bottom and we should expect at least 10 hours of sideways. USDT pairings are troubling as of late, as the massive clear out of USDT holdings into BTC (theory as to why the 7k + spike) gives a great unease throughout the market. On this day BTC is effecting the alts more than it has the past few days so we should take a pause here to consider closely where all the alts are at in regards to BTC. Many alts on Binance have attempted to show a bottom and produce a rally, leaving many in a position that has the appearance of upward channel yet we cannot be certain of that. With BTC and USDT drama we may be facing a scenario whereby many of these alts attempts to reverse will be challenged soon. However in the meantime we should expect roughly half a days worth of BTC going sideways and testing this level. If it drops i would expect many of the alts which have been reaching northwards to stall their gains or drop back down. In the mean time... Watch closely. Because BTC is irrational and at anytime it can be pumped by large wallet holders. This market is a battle! Stay Focused and Start Winning!
by Altcoin_Ninjas
BTCUSDT BINANCE: theory test on a motion upwards. BTC went sideways as predicted under the conditions met. On the short time frames of 15 minuets we see some potential indicators at point A that sign a bullish sentiment emerging in BTC. If a market make comes now they will be in sync with the sentiment periods indicated by the timing cycle lines. From longer range we see clear compression on the 1 hour: The daily candles as well look ripe for a motion, albeit small. We are betting on upwards for a moment. Keep an eye here to see which way this flag will swing!
by Altcoin_Ninjas
1
ICX testing the sentiment of an apparent bottom. Trades active!The Trade: Wait for correction to around 1080 or below and buy in. Stop loss around 1029 (think about buying back in if we hit this) Target 1150. Discussion: Looking on the daily chart at mid range we can see that ICX is playing around with trying to define a bottom after a long period of losses. We can see that there was an inital pump that attempted to bring about a reversal followed by a channeling upward over time. Recent U shaped reversal pattern is taken as a sign that there is high potential that the upward trend will continue. Looking at a smaller time frame we can see that the rallies that ICX experiences are generally steep with roughly 70 - 50% pullback while they channel upward. Secondly, we can see that we have experianced a recent "double" pump of sentiment over the last 20 or so candles, forming the U type chart pattern that can be indicative of continued motion within the larger yellow channel region. However, betting on the side of strong sentiment we consider potentials within the smaller yellow channel within. Keep a strong attention towards the blue support line and the orange resistance line as potential bounce & targets. Clear out your position if we break the blue line downwards and await new signal of sentiment.
by Altcoin_Ninjas
This Coin Is Attempting A Reversal The TRADE: A tight stop loss trade looking for about 5 day holding at a ~ 10% target. Get in sub 625 with stop loss of 610 If stop loss hits and you still seek to make the trade re-enter at 590 or 600. Target 700. DISCUSSION: This coin seeks to be making a reversal as we can see on medium range daily chart: The U shaped reversal pattern on the daily signals to us a potentiality of a continued upward channel movement within two potential domains: ( see image below ) 1. the yellow channel region is the region of highest positive sentiment concerning bullish behavior. 2. the green channel region (top and bottom green lines) is the low grade positive sentiment concenring bullish behavior. If we can see an increase in volume over the next 72 hours we will should see positive motion maintain within the yellow band. Elsewise we will extend sideways action within the green channel. A trade opportunity is made on a weekly time frame as well with the apparent bottom forming. What is required is that a volume increase emerge. The Coin has experianced massive clear out and the bag holders are present. No doubt they want to see their positions clear however the steep drop down leaves it likely that only the longest term holders have positive power to inject without high risk of loss. Thus... we require that the "small scale traders" can keep this positive momentum going, however that requires increased volume. Keep an eye and go for this trade...
by Altcoin_Ninjas
REQ BTC BINANCE. Are the whales there? Taking a look at this coin on the recent few months view... it appears to have hit a bottom and that there are forces seeking to consolidate motion within the Orange trend line channel. Subsequently a recent pump has pushed the total gains since the reversal point (see point A ) to near 113%, indicated great performance overall... However... the recent momentum that follows the green trend line needs to break out of the orange trend line channel before we can see how these gains will hold. If the movements of the whales are enough to get the smaller level traders keeping that orange channel alive then we potentially can see a pump emerging along the green trend line. However, if this recent pump fails to produce steady motion along the orange trend channel and we move back to test it's bottom we will see a correction to the bottom of these past few months sideways action.
by Altcoin_Ninjas
Prediction and Discussion: BTCUSDT & The New Pump Overview: We have recently seen this new pump enter into the price action of BTCUSDT. This pump has several important features that show us the underlying structures at work within the market. We break the daily chart down into rectangular regions that indicate a form of behavior that identifies sentiments present in the active trading for those specific time frames. You can see these rectangles are labeled with letters which each indicate the period under which the sentiment phase is present. For this prediction, rather than relying on traditional indicators we are working to develop a better understanding as to the nature of pumps and how they are effecting the near term future prices of interest to day traders. This pump is of importance because it has reached a higher high than the last wave up for BTC, which is the first time that this has happened since the compression down from the All Time High of 2017 / 2018... Price Prediction: Within the next 7 day period we expect to see BTC return to trade at a 7000 level. These motions are to be considered in their potential effects in the Altcoin market. However that discussion is saved for another time. Discussion & Rundown of the Rectangles: We have labeled several rectangular regions. The main focus of this discussion is upon those regions labeled W, P.1 & P.2 Of first consideration is the region P.1 This region represents the expressions of a specific type of trader in the market, jokingly labeled P for Plebs. In this band of activity we consider that most of the trading volume is coming from smaller bag holders. There is hesitation to call them "retail traders" although this term does serve to help grasp what we are looking at. In this P.1 region we see what is the net "potential of market movement" that this category of traders can have in a given time frame. We break down sentiment motions within that band by further rectangles, A B C D E F G ... Since we are dealing with an asset that is almost purely speculative in it's nature it is important to note that tracking sentiment as though the asset were performing an economic function outside of pure speculation can lead to incorrect assumptions about the nature of price movements. Although we can point to history to demonstrate to us trends from other assets and periods in the "traditional market" we take a position in this discussion that there are novel features to the activity of BTC that relate to yet unrealized economic affects. With this understanding we can consider that different levels of traders trade in different ways, which on the surface is obvious but the details are yet to be fully articulated. This leads us to our next rectangle of consideration, W This rectangle is assumed to represent to us the power which large bag holders can have, so called Whales. We have to consider that the whales of BTC are not the types of traders who obsess upon smaller time frames but that their holdings require by nature for them to scale with time in ways that smaller holding amounts cant. In general this breaks down into considering larger time frames and that opportunities exist within the "noise" between these larger moves. It is important to note also that whales compete with each other. No doubt whale traders participate in the "noise" trading of the P region, and indeed many of these sentiment motions are in part created by larger bag holders bringing specific types of influence to the market, however as a general rule the "Plebs" rule the P region. Now thirdly we consider P.2 P.2 is a clone of P.1 and given as a type of ghosting as to the potential swings that BTC can make from it's current position at the time of this writing. We use this as a visual aid that allows us to formulate a type of qualitative risk. However, this can be further broken down quantitatively. The rectangles A B C D E F G each represent a type of "sentiment phase" which is experienced during the general noise behavior of the Plebeian trading. For now we will leave a detailed breakdown of these out of this discussion but they are highlighted to show the role they play in the construction of the P rectangular region. With these considerations all in place we can make a prediction that baring any type of "whale battles" bringing us an extreme drop downwards that the P rectangle trading band will be followed with high probability. Being that this pump actually breaks the high of the prior wave up for BTC, which has not happened yet and It has the highest daily volume since April, we consider that after a period of "consideration" that BTC will, for a time, return to a 7000 level sometime within a 7 day period. Due to the extreme volume of this BTC pump and the generally strong nature of Alts lately to move despite the action of BTC, we see a near term bolstering of Alts bull sentiment entering into the market which will markedly hasten by any motion of BTC back towards a trading level of 7000. On closing note we must remember that there is still a very strong sentiment among several traders to see BTC return to a level below 6000. We cannot discount these players looking to make moves that will take advantage of this BTC pump to find ways to bring the price down. Additionally, we feel that we have entered into a new market phase where the compressing wedge that has been happening over the last year has ended and we are starting to open up. Even if we experience a deep drop the potential sentiment to return us to our current level, the 5500 - 6500 level is a very strong support for BTC due to many reasons beyond sentiment of traders. Good Luck in your Trades Everyone!
by Altcoin_Ninjas