LTCUSD - Still long on weeklyFrom my last idea about COINBASE:LTCUSD on the weekly:
"Personally, I feel this a valid time to accumulate given the very bullish news around crypto and blockchain technology in general in the last few days. I plan to hold for a while as the ratio is very low vs. BTC , see: COINBASE:LTCBTC . I'm a very firm bull on COINBASE:BTCUSD but also believe that LTC is at a low ratio, and with great signals for a potential trend change vs.USD."
This was while price was at around $58.
Key takeaways now:
Stochastic appears to be turning upwards while on a red candle. Means it is hard to push that indicator down at this time.
Bounce from bottom BBand.
MACD histogram getting really low, potential crossover still.
Green 50 Week MA forecasted potential cross above Yellow 100 Week MA in about 6 weeks with current prices.
I still feel like this is an excellent time to accumulate.
Only thing I don't care for is the Stochastic RSI still heading downward, however this indicator is quick to move, so solid bullish movements will correct it quickly.
DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB.
Bitcoin-usd
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You need a business that pays you whilst you sleep. Simple!
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Crypto currencies and forex investments opportunities can do that for you.
We all know market makers using trade bots and algorithms..Who just sold Bitcoin from 700USD? Trade Bots! Why these numbers predicts Local top and bottom accurately 2 times ? is it a coincidence? or they just showed us their cards
ETH/USD ETHEREUM BITMEXWith a small rejection at the 50MA we have created/added onto a resistance. We can see a new test of this resistance and this will likely determine the route ETH/USD will ultimately follow. Because Bitcoin from my previous analysis is long, I would likely also long ETH/USD in this scenario. ETH/BTC pair I may avoid until further notice.
Shots fired...So first of all these ain't pretty folks, I know... But, pretty sure they're real.
First, we have an INVERTED h & s followed by a h & s, I wasn't going to post an idea but I just can pass this up. Short could be lucrative as %^&*
I have to share that I actually recently got stopped out of a trade for the first time in a long time and it was almost like a relief because I was like 10 and 0 and starting to convince myself to do an unorthodox larger high risk trade...somebody slap me. lol. It was a tight stop, but I learned my lesson, anyway. If you are going to follow this idea, and I think you should, you MUST follow my updates they will be coming fast.
DISCLAIMER: This is not investment/trade advice. This is pure speculation...rhetoric, these are merely possibilities and my own personal thoughts on what's going on. Like that old story you can give a man a fish, yeah he eats today, but he'll be hungry tomorrow, you teach a man to fish and he eats for a lifetime.
I have a formula to win whether market goes up or down for more info PM me.
Bitcoins MatrixThis is nothing but me identifying bitcoins eventualities. These possibilities exist regardless of market manipulation, because it's considered and identified in this extrapolation. Bitcoin doesn't need to be a specific cost to function properly. It can be traded at any price. I am of the belief that eventually, certainly, but without any supernatural projections of when; that, our favorite front runner will have to touch down to it's all time moving average.
I haven't done "Technical Analysis" in awhile, tried my hand at it before and got things wrong. I have noticed that Litecoin tends to swing in a large arc and being a gradual, yet very aggressive sloping prior to any huge BTC rally. The sloping can be either bullish or bearish. I have been using this to call out BTC lately. So ... do whatever you want! :P
BITCOIN - Mid-Term Analysis (Descending Channel)Hello my friends!
The price of Bitcoin ( BTC ) might be moving in a Descending Channel on the 1-day time-frame (purple box).
We are currently moving in our Key Area, from where most of the volatility happens according to our backtracking.
A strong move is expected. Since the SMA 100 acted as a strong resistance and many indicators are giving us a sell signal,
we can determine the direction of the move.
The ADX indicator is signaling the strength of a trend. Please take a look at the yellows circles to see what we can expect.
According to our Fractal (price movement from the past) we could touch our Support at the 6800.00 area within the next 4 weeks.
I will keep you updated!
If you have any questions in this matter, fell free to join our free Discord Channel .
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What is your trading plan for the next weeks? Feel free to share your ideas in the comments section.
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Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
LTCUSD - Long on weeklyCOINBASE:LTCUSD Has had an interesting 2019 already having a 7x move from ~20 to ~140. Now at ~60 there appears to be another momentum change approaching on the weekly chart.
First notice that the forecasted MAs suggest a 50 over 100 weekly crossover sometime at the end of the year. This would follow a forecasted crossover for COINBASE:BTCUSD with the same MAs by about a month to two later, which seems to be common for Alts to follow BTC movements.
Next, the Smoothed RSI (public library indicator) shows that RSI may be changing momentum with a trend shift as the Smoothed RSI line has flattened. Even a small move the rest of the week will likely change the direction of the trend.
Also, the MACD is losing ground against the lowering signal line. Put simply, momentum on this indicator seems to be slowing down for bearish movement.
Finally, the Stochastic RSI is tempting to leave oversold levels that have been in the oversold area for an extended period of time.
Personally, I feel this a valid time to accumulate given the very bullish news around crypto and blockchain technology in general in the last few days. I plan to hold for a while as the ratio is very low vs. BTC, see: COINBASE:LTCBTC . I'm a very firm bull on COINBASE:BTCUSD but also believe that LTC is at a low ratio, and with great signals for a potential trend change vs.USD.
DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB.
BTC/USD - weekly Analytics + Altcoins 14.10.2019There is still an option of the minimum updating (7500) in BTC , but the main variant of developments that we see is a formed correction as
three triples originated from 26/06/2019. Confirmation of our expectations will be the price departure above the 8900-level . As for the local situation the past forecast is staying
unchanged.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH, SAN , IOT )
Significant movements which could prove setting long positions have not occurred yet, we expect the formation of lows in LTC,ETH,EOS coins.