Get started

Altoin

XLM - Trend Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. XLM is overall bullish trading inside the blue channel and now approaching the lower blue trendline so we will be looking for trend-following buy setups on lower timeframes. on H1: XLM is forming a trendline (in red) and an inverse head and shoulders pattern (in orange) but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, XLM would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
KRAKEN:XLMUSDLong
by TheSignalyst
27
XRP: Potential roadmap up to 0.70XRP appears to be at the beginning of the third Elliott wave. If this count is correct, then it could go up to 0.70 – 0.80 in the first intermediate wave. Within this first wave, the first and second minor waves may already be complete. I have estimated the targets for the third, fourth and the fifth waves as shown below: Wave 3 = 2.618 * wave 1 Wave 4: 38% correction Wave 5: 0.786 of the total length of wave 1 and 3 The first major resistance is at 0.30 where XRP may complete the first minute wave (not shown). Interesting times! PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk. Previous analyses:
BITFINEX:XRPUSDLong
by ndau
ALTCOIN OF THE WEEK: XMRUSD 1H UPDATEXMRUSD 1H UPDATE - 18/04/2018 Monero is following the path. After reaching yellow box as per yesterday chart, it turned down. The proposed structure is a FLAT from 202.51 to 192.44. So as long as below 205.60, view is unchanged. Although I would not sell here I expect a new leg below 188.15 to equal leg area at 185.30-181.18 where we should see at least a bounce in a corrective 3 waves. Invalidation level to the upside is 159.97 Break of 205.60 from current levels would mean green 2 is in place and we would have a bullish sequence and open door to more upside. On the educational side, monero has been proposing a set of structures that can confuse many in EW especially if the notion of cycle is not understood. I'll do my best to put up a short video for your guys to explain those. I am referring to why my red -2- is places where it is rather than at the intermediary high, and why most of wavers would see a 5 waves from 188.15 to the high (where is purple -2-). I may be wrong because the 5 waves is legit as it stands but does not fit the all sequence from 205.60. In other words, if it goes higher, count will change, but it goes lower I won't surprised and caught on the wrong side (like buying the retracement from 188.15-202.75 with stops below 188.15).
XLong
by The_202_Quants
ETH/USD - Buy OpportunityWhat's up traders, Let's now analyze Ethereum on the 4 hour chart! Ethereum is trading at 396 after finding a bottom, and offering higher lows since. Based on this being the lower predicted support I am hoping for an up move soon. As it stands, cryptocurrency has been struggling. However, the candlestick behaviour of Ethereum over the last 24 hours has been promising and this opportunity could give us a nice opportunity to buy. I am expecting Ethereum to have a small pop to the upside, but this is based on some conditions being met first. We need to see price break the consolidation resistance (as outlined on my chart) at 405, and retest the consolidation resistance as a new support before considering a trade. If price retests at 405 it is EXTREMELY likely that price will rise very nicely. This is entirely due to price not only retesting the consolidation resistance as a new support, but also there is a long term downtrend side-wards resistance line which will be tested as support at the exact same level. For this reason, 405 is the sweet spot we should all be watching for. Always remember, a trader who posts an analysis which is biased and goes wrong, is NOT trading properly. A biased sentiment is good, IF you have considered the other side of the trade, which a lot of the authors do not consider when making their analysis at all. Any professional trader should not be posting an analysis that goes the complete wrong way without them also mentioning a contingency. If they do this, they are NOT professional traders! If you charted like some do here in a bank, you would be sacked after 1 trade. Remember guys, trading is not magic nor alchemy. Trading is simply the act of trading what you see, and not what you think. Anyone saying otherwise is already thinking emotionally, and emotions in trading are NOT welcome for legitimate financial success! I will update this analysis when I receive above 40 likes.
BITFINEX:ETHUSD
by TomProTrader
11
LISK triangle should show bull or bear winner!ABCD and incoming E? Bull or bear? I see potential ways: 1st way is most bullish and it can go fast with 45k+ signal of make ascending triangle with green 45k line with ending even in OCtober 2nd way is making E in triangle at upper trendline of sym triangle and bearish ending. It should lead to 30-35k double bottom. 2nd way" is E + down of tiangle +30k test and fail. This is most brutal sceanrio for Lisk bulls. 3rd way is also brutal like 2nd" but faster. It is going down from triangle without E and will occur double bottom in low 30ish area.
by oldstout
1