Hello Dear Traders, after major collapse in alts , alts marketcap is becoming green again. its time to buy cheap alts for short term profits. why short term profits only???? bcoz last weekly candle on total2 was extremely bearish also bitcoin dominance is increasing rapidly. upcoming days of alts will be not like recent altseason. market dynamics are changed...
Hello Dear Traders, In last Post i disscussd about btc trading in falling channel. Now we will discuss what's cooking in ALTS MARKETCAP, In chart u can see when alts mcap tested 880B Mark immediately we seen sell off in alts. on daily timeframe big red candle formed and after tht quickly alts regained bullish momentum. BTC dominance Tested 55%, Dominance below...
Signal RENBTC LONG Open 605; SL 487; TP 1383; Risk/Reward: 1/6.59
It seems ETH is trying to breakout $200 level and there is a clear bullish trend on the daily. It depends of BTCUSD will it be able to crush this resistance or not I don't take this trade (don't trade breakouts), just observing from the sidelines. Information is just for educational purposes, never financial advice. Always do your own research.
Not a big fan of alts, but ICX caught my attention. Price soared into weekly resistance and I think it's time to take profits or even enter a short position (if it'll be possible), I'm expecting some retrace from these levels. Otherwise, weekly close above red zone will tell us about strong trend and a possible long opportunity Information is just for...
Altseason are bottomed now in bullish macd and starting to rise. You can do with btc max. x10 from now until halving and with altcoins x1000 until next summer. Choose some good undervalued coins. Invest 10k $ and do 1Mn $(x100) in under 12months. let's do it!
Since I'm lazy, here's what I said on twitter: "Due to the stock market opening lower than it closed yesterday, this chart that takes into account the average price of #bitcoin against the sum of $DJI $NDX and $SPX opened exactly at the 200 day moving average, rising as the day progresses... A $BTC target ~$13k based on this" I've been noticing clear inverse...
Just a follow-up to my "BCH fork action appended to pre-fork data," now that coinbase has finally started trading it again. No surprise to me that there was a big volume spike in BTC(and possibly/hopefully a long-term bottom) about a half hour before they finally tweeted their intentions to resume trading it soon(and give the BCH ticker to BCHABC). I believe the...
I am posting many ideas, but these are simply just how my charts have looked for months. I decided to share them with you all, if you want actually scripted TA, just ask. :)
It averages the price across 9 exchanges, while calculating the actual USD value of bitcoin in USDT markets by multiplying the respective exchange rates by the value of USDT according to Kraken. Here's the formula for the chart in case anyone wants to use it themselves:...
I've been HODLing the whole way down, but the bullish bat on PIVX's binance chart was technically invalidated almost 24 hours ago. Still HODLing for dear life... I'll follow up with a better chart including targets beyond points A, B, and C in the future if this one plays out well.
Watching BTC to see how we react off of this old channel top again...(If we drop!) Critical Breakout point. Should see solid support in green zone. We could still truncate into middle, and capitulation or more down is still a real threat until we are confirmed Bull Market. WE ARE SO CLOSE! Which arrow do you think is coming?
Still pretty close to the PRZ of the longer-term bullish Gartley too(see "related ideas"). The left fib extension validates that point C hit at least the 1.13 extension of XA, and the right fib extension is a clone of the same extension, starting from the PRZ(point D) instead.
Although BTC is looking pretty bad, the 4H frame tell us another story, where our hope of bounce is getting stronger. senkou span B is currently providing support i am expecting a bounce from such a strong support. weak piercing pattern is forming andthe next candles will provide the confirmation, if confirmed, target will be senkou span A (7.8k). If btc close...
BTC has change direction quite sharply, leaving a lot of people in disbelief, including me. the OKex huge liquidation of 430 million has drive price down, threatening the strength of the bulls. we had a key level at 7394 which it looks like bulls are struggling to defend. However BTC is still holding the last strong support (7277) which is a confluence of the...
Just kicking around some noob TA ideas for my own amusement.
This is a pretty decent "bat" pattern, I believe. On the USD chart at bittrex, PIVX has recently bounced off of a 1.13 extension of a long-term impulse leg that started at the beginning of the year(and finally crossed back above $2). The lower it went, the more bullish I got. BTCUSDSHORTS and BTCUSDLONGS have been playing out as I've been expecting and the price...
Huge hourly candle. will post a more in depth analysis later . keep an eye on your ALTS.