If you missed our first HUNT, you may want to check this!New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
* There is still possibility of temporary retracement to suggested support lines (0.1610) & (0.1480), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Midterm forecast:
While the level 0.1480 is not broken, the Midterm wave will be uptrend.
Price may also reach 0.1480, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies.
We will close our open trades, if the Midterm level 0.1480 is broken.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 70.
Total Profit: 52816 pip
Closed trade(s): 29326 pip Profit
Open trade(s): 23490 pip Profit
Trade Setup:
We opened 9 BUY trade(s) @ 0.09179 based on 'Valley' entry method at 2018.04.16.
Closed Profit:
TP1 @ 0.10400 touched at 2018.04.18 with 1221 pip Profit.
TP2 @ 0.12100 touched at 2018.04.20 with 2921 pip Profit.
TP3 @ 0.13300 touched at 2018.04.22 with 4121 pip Profit.
TP4 @ 0.14800 touched at 2018.04.23 with 5621 pip Profit.
TP5 @ 0.16100 touched at 2018.04.24 with 6921 pip Profit.
TP6 @ 0.17700 touched at 2018.05.06 with 8521 pip Profit.
1221 + 2921 + 4121 + 5621 + 6921 + 8521 = 29326 pip
Open Profit:
Profit for one trade is 0.17009(current price) - 0.09179(open price) = 7830 pip
3 trade(s) still open, therefore total profit for open trade(s) is 7830 x 3 = 23490 pip
Take Profits:
TP7= @ 0.2010
TP8= @ 0.2440
TP9= Free
Bitcoincashbtc
If you missed our first HUNT, you may want to check this!New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
* There is still possibility of temporary retracement to suggested support lines (0.1610) & (0.1480), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Midterm forecast:
While the level 0.1480 is not broken, the Midterm wave will be uptrend.
Price may also reach 0.1480, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies.
We will close our open trades, if the Midterm level 0.1480 is broken.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 70.
Total Profit: 52816 pip
Closed trade(s): 29326 pip Profit
Open trade(s): 23490 pip Profit
Trade Setup:
We opened 9 BUY trade(s) @ 0.09179 based on 'Valley' entry method at 2018.04.16.
Closed Profit:
TP1 @ 0.10400 touched at 2018.04.18 with 1221 pip Profit.
TP2 @ 0.12100 touched at 2018.04.20 with 2921 pip Profit.
TP3 @ 0.13300 touched at 2018.04.22 with 4121 pip Profit.
TP4 @ 0.14800 touched at 2018.04.23 with 5621 pip Profit.
TP5 @ 0.16100 touched at 2018.04.24 with 6921 pip Profit.
TP6 @ 0.17700 touched at 2018.05.06 with 8521 pip Profit.
1221 + 2921 + 4121 + 5621 + 6921 + 8521 = 29326 pip
Open Profit:
Profit for one trade is 0.17009(current price) - 0.09179(open price) = 7830 pip
3 trade(s) still open, therefore total profit for open trade(s) is 7830 x 3 = 23490 pip
Take Profits:
TP7= @ 0.2010
TP8= @ 0.2440
TP9= Free
Bitcoin Cash on the Run and not Stopping!Hey, I am back with another Trade Idea, this time looking at BCH Bitcoin Cash.
Bitcoin Cash was struggling from december to leave its downtrend channel, in which were few bull traps.
Currently BCH is not anymore in this Channel, formed and rounding bottom and looks really bullish!
Taking look at Indicators.
MACD gives Strong Buy signal with increasing Volume on Histogram, RS I has surpassed its key level ressistance, which gives us another buy signal, If you want to wait for a pullback look for a bounce from 45 daily RSI, which doesnt have to happen, there are 2 key ressistances than BCH can bounce off down to lower RSI levels.
Hope I made your view on whats going on with BitcoinCash somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
Bitcoin Cash (BCC) Confirmed Breakout (394% Earnings Potential)I was looking at Bitcoin Cash (BCC) yesterday and thinking of posting my trade about it but wanted to wait for a retrace before that. It turns out that Bitcoin Cash is holding way stronger than expected, and if we want to trade this coin for profits, this can actually be good news as this strength can work in our favor once we are positioned to make some easy money with Bitcoin Cash.
So without waiting anymore time, here is the trade analysis for Bitcoin Cash. Huge earnings potential... Enjoy the ride.
Bitcoin Cash (BCC) Trade by Alan Masters (394% Earnings Potential)
TRADE INSTRUCTIONS
Buy-in: 0.10 - 0.13
Note: You can aim to buy on the lower end of this buy-in range. There is huge growth potential for Bitcoin Cash for its next bull run.
Targets:
SHORT / MID TERM
These are targets (price levels where you can sell for profit) that can be reached in the short (1-4 weeks) and mid (4-12 weeks or 1-3 months) term.
(1) 0.137
(2) 0.150
(3) 0.163
(4) 0.182
LONG TERM
These are long term targets. They can be reached in a few weeks time as they can take up to 6 months or longer. For me long term in the cryptocurrency markets means 2-8 months.
(1) 0.219
(2) 0.259
(3) 0.298
(4) 0.355
(5) 0.427 (All time high on Bittrex)
Stop-loss: 0.090
CHARTS, SIGNALS & INDICATORS
On the daily chart:
- You can see the first and second bull runs for Bitcoin Cash, date (bottom and red) marked with a red vertical line. You can also see the long term view of this coin, the top (magenta line) and the bottom after its last bull run (gray line).
- Confirmed huge breakout on the daily chart... let's take a closer look:
- We are now trading above the SMA20 (green) and SMA50 (blue) lines. This is a bullish signal. These lines also crossed each other, the green crossing the blue one while trending up and about to cross the brown one (SMA200) on the 4 hours chart... very bullish.
- MACD cross over and positive divergence.
- RSI trending up and very bullish.
- DMI and OBV are also on the bullish zone.
- The weekly chart is also very positive for long term gains and up potential.
- Volume fairly low on Bittrex compared to the strength of this coin. Plenty of room left for growth. Strong volume on Binance.
NOTES
- When joining a new trade, please allow time for this trade to develop. Every trade can take several days to weeks before its price starts to move up.
- Diversify as much as you can and fill comfortable doing. Instead of putting lots of money in one single trade, it is better to divide your money into different trades, this way you can increase your earnings potential as well as reduce risk.
- If you are trading many different coins, use different exchanges for better money safety. Diversify your trades but your holdings as well.
- Always research, think, breath and relax before buying or selling your coins. Always be patient and take your time to take the next action, rushing never helps. This way you can take better decisions when making your next move.
- Secure profits. As we move up in the charts, prices start to increase and targets are being reached... Always secure profits. You can start by selling 10-20% on the first target, 20-30% on the second target, and finally breakeven by the third target. With the remaining funds/coins, you can sell anytime you want for profits. There are many different ways on how to approach the targets, but these general suggestions can give you an idea on how to sell.
- It is very easy, a very, very easy game, all you have to do is buy, and wait until you have to sell.
- Namaste.
There is possibility for the beginning of uptrend in BCHBTCBITCOINCASH/BITCOIN
Midterm forecast:
While the price is above the support 0.0510, beginning of uptrend is expected.
We make sure when the resistance at 0.1210 breaks.
If the support at 0.0510 is broken, the short-term forecast -beginning of uptrend- will be invalid .
We will close our open trades, if the Midterm level 0.0510 is broken.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.0895 to 0.0645), if so, we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0895)
Ending of entry zone (0.0645)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 26.
Take Profits:
TP1= @ 0.1040
TP2= @ 0.1210
TP3= @ 0.1330
TP4= @ 0.1480
TP5= @ 0.1610
TP6= @ 0.1770
TP7= @ 0.2010
TP8= @ 0.2440
TP9= Free
BCHBTC , TP2 HIT ---> With 25422 pips profit !!BITCOINCASH/BITCOIN
N ew trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested NEW support zone (0.0895 to 0.0871), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0895)
Ending of entry zone (0.0871)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Midterm forecast:
While the price is above the support 0.0510, beginning of uptrend is expected.
We make sure when the resistance at 0.1210 breaks.
If the support at 0.0510 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 70.
Total Profit: 25422 pip
Closed trade(s): 4142 pip Profit
Open trade(s): 21280 pip Profit
Trade Setup:
We opened 9 BUY trade(s) @ 0.09179 based on 'Valley' entry method at 2018.04.16.(we use SimpleFX.com standard charts as reference)
Closed Profit:
TP1 @ 0.10400 touched at 2018.04.18 with 1221 pip Profit.
TP2 @ 0.12100 touched at 2018.04.20 with 2921 pip Profit.
1221 + 2921 = 4142
Open Profit:
Profit for one trade is 0.12219(current price) - 0.09179(open price) = 3040 pip
7 trade(s) still open, therefore total profit for open trade(s) is 3040 x 7 = 21280 pip
Take Profits:
TP1= @ 0.1040
TP2= @ 0.1210
TP3= @ 0.1330
TP4= @ 0.1480
TP5= @ 0.1610
TP6= @ 0.1770
TP7= @ 0.2010
TP8= @ 0.2440
TP9= Free
BCHBTC , TP1 HIT ---> With 21685 pips profit !!BITCOINCASH/BITCOIN
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested NEW support zone (0.0895 to 0.0871), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0895)
Ending of entry zone (0.0871)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Midterm forecast:
While the price is above the support 0.0510, beginning of uptrend is expected.
We make sure when the resistance at 0.1210 breaks.
If the support at 0.0510 is broken, the short-term forecast -beginning of uptrend- will be invalid .
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 70.
Total Profit: 21685 pip
Closed trade(s): 1221 pip Profit
Open trade(s): 20464 pip Profit
Trade Setup:
We opened 9 BUY trade(s) @ 0.09179 based on 'Valley' entry method at 2018.04.16.(we use SimpleFX.com standard charts as reference)
Closed Profit:
TP1 @ 0.10400 touched at 2018.04.18 with 1221 pip Profit.
Open Profit:
Profit for one trade is 0.11737(current price) - 0.09179(open price) = 2558 pip
8 trade(s) still open, therefore total profit for open trade(s) is 2558 x 8 = 20464 pip
Take Profits:
TP1= @ 0.1040
TP2= @ 0.1210
TP3= @ 0.1330
TP4= @ 0.1480
TP5= @ 0.1610
TP6= @ 0.1770
TP7= @ 0.2010
TP8= @ 0.2440
TP9= Free
BCH PLEASE10sma crosses above the 20sma
bullish macd
bullish rsi
higher highs higher lows
100sma positive
*DISCLAIMER*:
I am not a financial advisor nor am I giving financial advice.
I am sharing my biased opinion based on speculation.
You should not take my opinion as financial advice.
You should always do your research before making any investment.
You should also understand the risks of investing. This is all speculative based investing.
A great opportunity to buy in BCHBTC , Be ready!!Technical analysis:
BITCOINCASH/BITCOIN is in a range bound and Beginning of up trend is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 38.
Midterm forecast:
While the price is above the support 0.0510, beginning of uptrend is expected.
We make sure when the resistance at 0.1330 breaks.
If the support at 0.0510 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.1040 to 0.0645), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.1040)
Ending of entry zone (0.0645)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.1170
TP2= @ 0.1330
TP3= @ 0.1480
TP4= @ 0.1610
TP5= @ 0.1769
TP6= @ 0.2010
TP7= @ 0.2185
TP8= @ 0.2440
TP9= Free
#1 Crypto BCH/BTC Support/Resistance & Signals Feb 3 2018Support:
Weekly S3/previous highs @0.13
Weekly S4 @ 0.123
Monthly S1 @ 0.119
Resistance: S/R /Weekly S2 @ 0.136
Previous support/Weekly S1/Daily R1 @ 0.142
Weekly pp/S/R @ 0.149
Trend: Bearish (Ich)
Divergence: Bullish Divergence H4 tf
Candles: Bullish Hammer Daily tf untriggered